Cohen Property Law Group Managing Attorney Liam Krahe speaks with Axios Miami's Deirdra Funcheon on the 2024 outlook for commercial real estate. Liam discussed how Miami, being a "gateway to Latin America," should "continue to drive demand for luxury and high-end hotels."

While Miami hotels grappled with rising insurance and operating costs in 2023, the area's reputation as an international hotspot kept luxury properties attracting high-end travelers from both the U.S. and abroad.