Besides New York City tourism, what are some of the biggest drivers of new development and investment in New Jersey’s hotel industry? We assembled a panel of industry experts to tackle this month’s question.
Hospitality & Tourism
Whether it’s the proximity to New York City or all of the tourist attractions that New Jersey has to offer, the Garden State’s hospitality industry is booming. Hotels are increasingly becoming part of major redevelopment projects.
Berger’s rehab project looks to tap into Newark’s growing hotel market
As Miles Berger knows all too well, transit access and proximity to Manhattan have been longtime drivers of Newark’s office market. He also knows that those benefits play a major role in the city’s lesser-known tourism sector. It’s why Berger is taking a major step to upgrade his hospitality portfolio in downtown Newark: a gut renovation of a 90-year-old hotel that will result in a new state-of-the-art property near the city’s Military Park.
