Hotels
When the hotel market began to struggle in New Orleans due to Hurricane Katrina and the national recession, KFK saw a new, large opportunity emerge. KFK implemented a strategy to acquire overlooked or under performing buildings that could be fully renovated and re-opened as new, quality hotels. Similar to its residential projects, KFK hotel developments have transformed previously blighted buildings and helped revitalize neighborhoods, while achieving superior financial returns due to a low overall basis and superior design, execution, and management.
KFK’s most recent project, The Westin Dallas Downtown, utilized a similar model but was its first major development project in Texas. More information on the project is below.