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The greater Tampa Bay lodging market is thriving, as evidenced by rising RevPAR levels, the entrance and subsequent absorption of significant new guestroom inventory, several high-profile transactions, and numerous exciting development projects in the market’s pipeline.
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As investors are looking to get into Russian hotel markets, they will no doubt be cautious. Hotel development can be quite a complex process. What are the main bottlenecks potential investors could face when developing hotels in Russia?