Micro apartments have cropped up in dense cities across the globe, from New York to Beirut. The average unit is between 300-400 square feet, or around the size of an average one-car garage. While it might sound cramped, they have been praised as one way to stem a mounting housing crisis.
Year after year, this event brings together a strong showing of hotel owners, operators, developers, investors, managers, and employees, as well as experts in government affairs and others interested in the lodging industry.
Choice Hotels International, Inc.'s (NYSE :CHH ) has entered into a letter of intent (LOI) with an affiliate of Oz Real Estate, the real estate platform of Oz Management (NYSE :OZM ), that sets forth a framework for a co-investment platform to accelerate the development of Cambria Hotels throughout the United States.
The New Bedford Harbor Hotel is situated steps away from the town's best restaurants, attractions, and entertainment hot spots, including the New Bedford Whaling Museum and Whaling National Historic Park.