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(iStock / illustration by Alison Bushor for The Real Deal) The lights are still dark at the Diplomat Beach Resort, a sprawling 1,000-room oceanfront hotel in South Florida. More than a year after the pandemic began, conventions and business travelers the lifeblood of such large properties remain sparse. And cruises, which usually feed hordes of passengers to hotels, are still halted. While leisure travelers have descended on South Florida over the past six months, pushing hotel rates up and boosting occupancy, the hotel market’s overall recovery still hinges on the return of conventions and cruises, as well as international travelers, experts say. ....
The founders aim to make a modern day “Renaissance Florence”. (Getty / Illustration by Alison Bushor) A company with funding from a Peter Thiel–backed venture capital fund wants folks to pack up and start a semi-autonomous city. Bluebook Cities is looking for 2,000 people selected based upon applications to “settle” its charter city, according to the New York Post. The company said it is “building the city that Silicon Valley deserves.” The concept of the charter city was conceived by Nobel Prize–winning economist Paul Romer, who used Hong Kong as an example. It’s essentially a semi-autonomous municipality operating outside its host country’s regulatory system. ....