“It’s not easy to develop in Boston, but what that does is it puts the city on a higher rate for occupancy and room nights, but it’s not for the faint of heart,” Group One Partners principal Harry Wheeler said last week at Bisnow’s Boston Hotel Summit. “You have to want to be here.”
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Group One Partners does design work for hotels, including at Boston’s new Moxy Hotel in the Theater District. Wheeler said Boston still lacks some hotel brands compared to other markets, and he thinks developers will still see reason to build despite lower occupancy projections.