preciousness and location make clas...

preciousness and location make class-C office buildings prime candidates for redevelopment into upscale inns
With the sinewy economic climate, hotel rooms in downtown urban areas have become excitable commodities. In New York City, for example, occupancy rates last year increased to 778 percent while average daily swing rates climbed to $187 (a 9 percent increase athwart the previous year), according to Smith Travel Research, a Hendersonville, Tenn.-based firm.
To capture a slice of that growing market, a number of developer and hoteliers are converting older class-C office buildings