This should not have come as a shock to anyone, but what it tells me is we need to be much smarter in what we are building for the next several years. The “Next-Generation” Resort property is the key.  No more McMansions.  It is time to reduce the wasted space and size of the carbon footprint, while keeping the level of finish high.  In doing so, we keep prices lower, but don’t give up quality and save our resources.  Everyone wins!!!

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There appears to be a growing trend in the luxury resort market. People are craving the open-air experience in their resort properties. Progressive developers, like our friends at Amble Resorts have realized this and are doing it right at their beautiful new development, Isla Palenque, in Panama.

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According to this article and the industry experts they interviewed, high-end hotel branded residential real estate can still be a valuable asset to a new luxury development.  I support this position, but only if the residential is not the only component.  There has to be a high-end luxury hotel to support the residential.  Without that, it is basically a branded residential development and I am afraid those are not going to be recovering quite as quickly.

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