HVS sees room for more mid-market hotels in The Bahamas

HVS's Parris Jordan said The Bahamas has room for more mid-market hotels serving business travelers, beyond its mega resorts. He noted demand is outpacing supply in the Caribbean, though rising costs and new supply need monitoring.

Why it matters:Investors and developers may find an opening in limited-service business hotels, though returns depend on matching new supply to sustained demand and managing higher construction, insurance and utility costs. (Positive development)