Posts Tagged ‘retail’

Wynn Resorts, Limited Posts Third Quarter Results

Friday, October 31st, 2008

Wynn Resorts, Limited reported financial results for the quarter ended September 30, 2008.
Net revenues for the third quarter of 2008 were $769.2 million, compared to $653.4 million in the third quarter of 2007. The revenue increase was driven primarily by a 36.6% increase in revenues at Wynn Macau.
Consolidated adjusted property EBITDA(1) decreased 5.2% to $176.4 [...]

Affinion Group, Inc. Announces Results for the Third Quarter Ended September 30, 2008

Thursday, October 30th, 2008

Affinion Group, Inc. (”Affinion” or the “Company”), a leading global affinity marketer of value-added membership, insurance and package enhancement programs and services to consumers, today announced its financial results for the three month period ended September 30, 2008.
“Our affinity partners are facing an historically difficult economic environment, and our results this quarter show that we [...]

Satellier Expands Global Footprint

Monday, October 27th, 2008

Satellier Inc., the global leader in workshare solutions and pioneer in Building Information Modeling services (BIM) for the architecture, engineering, construction and building owner (AECO) industry, announced that it has opened a Dubai, UAE, office to directly serve the Middle East building and construction market.
The Dubai office expands Satellier’s global footprint to eight corporate offices: [...]

Real Estate developer

Thursday, July 17th, 2008

Are you looking for a real estate developer? if you do, the following information might be useful for you.
Mirvac is a leading integrated real estate group, listed on the ASX with more than $27.8 billion of activities under control across the real estate funds management and development spectrum. Established in 1972, Mirvac has more than [...]

Housing slump will put pressure on merged Westpac/St George

Monday, May 12th, 2008

The housing slump continues to deepen, gathering pace across new and existing home sales; something investors will have to keep in mind as they assess the Westpac move on St George.
Housing finance is the safest and most profitable form of bank lending, especially with all the added services for personal banking like credit cards, personal [...]

MHI Hospitality Corporation Closes Acquisition of Hampton, Virginia Asset

Sunday, April 27th, 2008

MHI Hospitality Corporation announced that the Company has completed the acquisition of the 172-room former Radisson Hotel in Hampton, Virginia for approximately $7.75 million, or $45,000 per room. The Company has also entered into a 10-year franchise agreement with InterContinental Hotels Group (IHG) [(LON: IHG) (NYSE: IHG - News; ADRs)] through its franchising entity, Holiday [...]

Condo projects will be few for remainder of ‘08

Sunday, April 27th, 2008

While some multi-family developments are currently under construction in San Diego County, the amount of condominium projects that will begin during the remainder of this year will be minimal, as a significant number of previously proposed condo projects have been delayed, offered for sale by the developer or become bank-owned.
“None of the permits that [...]

Paragon Casino Resort Selects Agilysys for Range of Hotel Solutions

Monday, March 24th, 2008

Agilysys, Inc., a leading provider of innovative information technology and hospitality software solutions, announced today that Paragon Casino Resort in Marksville, La. has selected Agilysys to provide a wide range of software solutions for the 531-room property, which recently completed an expansion that added an eight-story atrium and more than 200 guest rooms.
Paragon Casino Resort [...]

Famed Plaza Hotel reopened in New York

Tuesday, March 4th, 2008

The Plaza Hotel has reopened after a three-year, $400 million renovation, bringing landmark luxury back to Manhattan.
“They say this place is the world’s most famous hotel,” said doorman Freddy Davila, who worked for the hotel for 15 years before it closed in 2005. As he welcomed hundreds of visitors up the red-carpeted steps and through [...]

Ogden may get hotel-condo tower, water park

Thursday, January 24th, 2008

A 12-to-14-story hotel and condo tower, as well as a multimillion-dollar water park, could be coming to downtown Ogden, the City Council was told Tuesday night.
Midtown Development of Orem wants to buy nearly 2 acres on a prime corner of the city-owned Junction mall for the hotel-condo tower. It would be [...]

Utah real estate ‘healthy’

Thursday, November 29th, 2007

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 [...]

$520 million luxury high-rise condo-hotel Ravallo Resort & Conference Center will start next March in Lake Buena Vista, Florida.

Thursday, August 23rd, 2007

A nine-story main structure with a rooftop pool will connect two 22-story buildings. Amenities of the 900-unit property include restaurants, retail outlets, a spa, a fitness center, and 140,000 square feet of convention and meeting space. Guestrooms will feature fully equipped kitchens with granite countertops, crown molding, flat-screen TVs, and whirlpool tubs. The Scott Partnership [...]