JMI Realty

Data centers are sparking a wave of crappy hotel makeovers

The boom in data center construction is unexpectedly driving up the acquisition and renovation of dilapidated hotels across the U.S. Developers are capitalizing on increased demand for rooms from construction workers involved in major data center projects. The trend involves revitalizing neglected properties, such as the Hilton Garden Inn in downtown Austin, Texas, to meet this demand.