Exciting momentum is building in Buckeye, Arizona. Congrats to our client, Ocean Front Property in Arizona LLC, who has acquired the 120-acre Hidden Lake property for $10.5 million, marking a major step forward in the site’s transformation. Formerly home to a wedding and event venue, the property is now slated to become a surf park—introducing
January 6, 2026
By: Kate Cheung, CHIA In 2025, the hospitality industry experienced a more normalized operating environment. Average daily rates grew modestly while overall occupancy softened, and demand remained stable amid rising operating costs and broader economic uncertainty. Several macro-level factors shaped hotel performance during the year. The implementation of new tariffs increased the cost of construction
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