24 October 2016
David Hart Joined Bisnow’s Hospitality Development Boom Panel
Bisnow held its 4th Annual Los Angeles Hospitality Event on Thursday, inviting some of the market’s key players to talk about LA’s recent lodging and development trends in the Fashion District, Art District, and Chinatown. Acknowledging Steinberg’s contribution to the revival of the hotel market in Downtown LA, Bisnow asked President and CEO David Hart to participate in a panel discussion on the recent development boom.
David and the other speakers offered strong positions for the long-term future of the market in Los Angeles. Despite speculation that the hospitality sector may level off in the next 12-18 months, LA has and will continue to present solid market fundamentals. High barriers to entry will cause steady and positive growth within the Market Sector.