[Boston Globe] Boston Real Estate Trend: Office Buildings Poised for Hotel Conversions

Kaushik Vardharajan, associate professor and director of real estate programs at Boston University’s School of Hospitality Administration, was recently quoted in The Boston Globe discussing the growing trend of converting underutilized downtown office buildings into hotels.

As Boston’s office market continues to face elevated vacancy rates, developers are exploring hospitality conversions as a viable alternative. Vardharajan noted that strong hotel performance, pricing flexibility, and active investor interest in hospitality assets are key factors driving this shift. The trend signals renewed confidence in Boston’s tourism demand and the long-term resilience of the city’s hotel market.

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