The Hamptons used to be a place to crash at a friend’s second home or a spot to vacation by kicking back with a weekend sailing trip. The area contained mostly shabby-chic hotels and a weak hotel industry, but now Hamptons hotels are making a strong comeback.
According to The Wall Street Journal, the hotel industry is returning in full force as the area becomes more and more attractive to celebrities looking to relax for a summer. Bridgehampton, Sag Harbor and Montauk hotels are making major hotel renovations to meet growing demand, driving up the prices of your future stay.
A-List visitors expect spectacular amenities, and many hoteliers are attempting to meet that expectation with offerings like private cottages, spas, gyms, restaurants, bars and more. Older hotels are also selling to new buyers attempting to capitalize on the market growth.
Though the livelihood of hotels depends on a mere 15 weekends per year, growing room rates make great profits an achievable goal.
Photo courtesy of timessquaregossip.com
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