Foreign Hotel Flags Rush To Put Down Stakes In Miami

Law360, New York (September 27, 2013, 4:42 PM EDT) -- While most U.S. hoteliers are looking abroad for growth opportunities, many international companies and investors are flocking to Miami as the local market has picked up cachet among foreign jet-setters, attorneys and market experts say.

With the middle classes of emerging countries like India, Brazil and China increasingly traveling outside their home countries — often looking to familiar luxury brands for their international stay — and affordable U.S. chains such as Marriott Courtyard and Hampton Inn edging out local competitors in foreign markets, experts say Miami...
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