The summary of a 2008 nationwide real estate forecast is sprinkled with fearsome words: “greater downside risk,” “repricing environment,” “vulture-oriented investing,” “retrench,” “ebbing tenant demand,” “tapped-out consumers.”
But speakers at a meeting Tuesday about the “Emerging Trends in Real Estate 2008″ report said Utah has a hard-charging economy and demographics that will insulate it from a [...]
Of all the topics among hospitality industry attorneys, mixed-use developments and their complexities appear to be among the hottest issues, according to members of an NYU Hospitality Industry Investment Conference panel called “Hospitality Legal Eagles.” The conference is scheduled for June 3-5 at New York’s Marriot Marquis Hotel.
“Almost every deal I’m currently working on has [...]
Of all the topics among hospitality industry attorneys, mixed-use developments and their complexities appear to be among the hottest issues, according to members of an NYU Hospitality Industry Investment Conference panel called “Hospitality Legal Eagles.” The conference is scheduled for June 3-5 at New York’s Marriot Marquis Hotel.
“Almost every deal I’m currently working on has [...]
Desarrolladora Homex, S.A.B de C.V. (Homex or the Company) announced the expansion of its management team as part of the CEO’s strategy to strengthen Homex’s capabilities and better position the Company to further leverage the growth opportunities in the Mexican housing market.
“We are pleased to announce the addition of three talented and experienced executives to [...]
The average hotel market up-cycle lasts 6.7 years according to the results of a study conducted by Hotel Investment Strategies LLC, a lodging investment advisory firm based in New York.
The Principal of the firm, Mr. Ross Woods, said that the study of 50 full-service hotel markets over the past twenty years revealed that the up-cycle [...]
Less capital will flow into real estate markets and too many condominiums have hurt San Diego’s standing, but moderating home prices should help keep businesses here.
A new Emerging Trends report by PricewaterhouseCoopers and the Urban Land Institute said capital will continue to flow into real estate in San Diego and elsewhere, but these investors will [...]
A new report from Cornell’s Center for Hospitality Research, “A New Method for Measuring Housekeeping Performance Consistency,” points the way to creating such a metric-but information from many hotels is needed to confirm this technique. It is available at no charge from the Center’s website
(http://www.hotelschool.cornell.edu/chr/research/centerreports.html).
In a study sponsored by JohnsonDiversey Inc., Michael Sturman, Ph.D., an [...]
A new PKF Hospitality Research analysis forecasted that hotel occupancy rates for 52 major domestic markets would dip 0.6 percent year over year in 2007, spurred by a 2 percent increase in new room supply that is absorbing a predicted 1.4 percent room occupancy growth. While the small decrease in occupancy rate should gladden corporate [...]
The 250-room W Hotel with 95 condominium units will be built at 12th and Arch Streets. It is expected to open in 2009.
Center City will be the site of a luxury W Hotel in the latest condominium high-rise to be announced by developers.
Three companies - developer Urban Residential, parking garage operator Parkway Corp., and W [...]
The U.S. hotel industry this week will hit a record 3.28 million occupied rooms per night, PricewaterhouseCoopers forecasts.
In 2005 the lodging industry registered 3.14 million occupied rooms per night, according to the report, relayed to Hawaii tourism executives Tuesday.
The Hawaii Visitors & Convention Bureau says that many occupied rooms won’t necessarily translate [...]
