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Y Partnership Releases Travel Insights Report for March 2009

Y Partnership Releases Travel Insights Report for March 2009

(ORLANDO, FL) -- Most industry chatter is replete with anecdotal reports of cancelled business trips, meeting planners who are re-booking groups to more cosmetically "acceptable" venues in order to avoid the glare of the press, and postponed vacations.  Yet the... Read More

 
Skanska Wins $134M Hospital Construction Job in Hopewell, NJ

Skanska Wins $134M Hospital Construction Job in Hopewell, NJ

(HOPEWELL, NJ) -- Skanska, an $18 billion international general contractor based in Stockholm, has won a $134 million contract to build a two-building, 968,760-square-foot hospital complex in Hopewell, NJ for Capital Health.Construction industry sources say it is too early to... Read More

 
Lodging Econometrics Releases Q4 2008 Report for the Global Hotel Construction Pipeline

Lodging Econometrics Releases Q4 2008 Report for the Global Hotel Construction Pipeline

(PORTSMOUTH, NH) -- Except for a few countries, Construction Pipeline totals worldwide peaked for the cycle by Q2 2008. Sensing an economic slowdown and an impending financial crisis, ... Read More

 
The New Year Didn't Change the Downward Spiral of Residential Real Estate Prices According to the S&P/Case-Shiller Home Prices Indices

The New Year Didn't Change the Downward Spiral of Residential Real Estate Prices According to the S&P/Case-Shiller Home Prices Indices

(NEW YORK, NY) -- Data through January 2009, released today by Standard & Poor's for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, shows ... Read More

 
Nakheel Communities Make a Difference during Earth Hour

Nakheel Communities Make a Difference during Earth Hour

(DUBAI, U.A.E.) -- Residents in Nakheel's communities turned off the lights during Earth Hour Saturday after being encouraged by the developer. Read More

 
Wyndham Wins Honors for Plastic Staff Suits

Wyndham Wins Honors for Plastic Staff Suits

(PARSIPPANY, NJ) -- How 'green' can the workplace get?  How far should business go towards 'saving the planet'?  For one answer, check out Wyndham.Jeff Wagoner Bellboys, desk clerks, concierge captains, maids and backroom support staff at Wyndham Hotels and Resorts... Read More

 
2008 Second-Home Sales Decline; More Buyers Pay Cash

2008 Second-Home Sales Decline; More Buyers Pay Cash

(WASHINGTON, D.C.) -- The combination of vacation and investment-home sales slipped to 30 percent of all existing and new-home transactions in 2008, according to the National Association of Realtors. However, more than four ... Read More

 
Rwanda Pushing for 6,000 Hotel Rooms by 2012

Rwanda Pushing for 6,000 Hotel Rooms by 2012

(RWANDA, EAST-CENTRAL AFRICA) -- Supporting the densest population in continental Africa, the Republic of Rwanda is mounting a media campaign to draw attention to its lack of hotel rooms, ... Read More

 
Dr. McDreamy Puts Bel-Air Home On The Market

Dr. McDreamy Puts Bel-Air Home On The Market

Dr. McDreamy puts his Bel-Air home on the market Actor Patrick Dempsey, known to his fans as the handsome Dr. McDreamy on "Grey's Anatomy," has put his New England traditional in Bel-Air on the market at just under $3.6 million.... Read More

 
Candy Spelling Lists Holmby Hills Home for $150M; Highest Asking Price in United States

Candy Spelling Lists Holmby Hills Home for $150M; Highest Asking Price in United States

(LOS ANGELES, CA) -- Candy Spelling, widow of prolific TV producer Aaron Spelling, has put her Holmby Hills home, known as "The Manor," on the market at $150 million. It is believed to be the highest asking price for a single-family home in the United States. Read More

 
InterContinental Hotels & Resorts Launch Okinawa's First Luxury Resorts

InterContinental Hotels & Resorts Launch Okinawa's First Luxury Resorts

(SINGAPORE) -- InterContinental Hotels Group Asia Pacific today announced the launch of two new co-branded resorts in Okinawa, Japan ... Read More

 
Logistics Space Vacancy Rises as New Construction Slows

Logistics Space Vacancy Rises as New Construction Slows

(SANTA ANA, CA) -- Logistics properties, the single commercial real estate category that has held up well during the country's two-year financial crisis, now faces a shrinking inventory."The construction pipeline for logistics space is emptying rapidly," reports Bob Bach, senior... Read More

 
Sustainable Model Villas at alghadeer Sorouh on Abu Dhabi-Dubai Border

Sustainable Model Villas at alghadeer Sorouh on Abu Dhabi-Dubai Border

(ABU DHABI, U.A.E.) -- One of Abu Dhabi's leading real estate developers is planning for the future when the two main cities of the UAE are expected to look more like one metropolitan area. This week Sorouh Real Estate PJSC... Read More

 
STR Global Releases Worldwide Hotel Performance Results for February

STR Global Releases Worldwide Hotel Performance Results for February

(LONDON, UK & HENDERSONVILLE, TN) -- The Americas region reported declines in all three key performance metrics when reported in U.S. dollars for February 2009, according to data compiled by STR and STR Global. Read More

 
Q & A with Barbara Corcoran

Q & A with Barbara Corcoran

Q1 - Concerned that by shopping around I could affect my credit rating because there will be multiple credit checks.  Where should I go to know that I have shopped around for the best rate possible?A - You can... Read More

 
The Latest in Luxury Resort & Real Estate News

The Latest in Luxury Resort & Real Estate News

New Dallas-area Golf Community Releases First Wave of Homesites(THE COLONY, TX) -- There was a time when the Dallas area would welcome a dozen new golf courses a year. But the golf course development boom is over, at least in... Read More

 
Spanish Banks Back $2.5B New Leisure Destination in Mexico Caribbean

Spanish Banks Back $2.5B New Leisure Destination in Mexico Caribbean

(RIVIERA MAYA, MEXICO) -- While Mexican drug wars currently make the headlines, a new vacation oasis is being born quietly in the Mexico Caribbean market. With the backing of Spain-based Bancaja and Banco de Valencia, Mexico developer Grupo Grand Coral... Read More

 
Another Record Low Set For Long-Term Mortgage Rates

Another Record Low Set For Long-Term Mortgage Rates

(MCLEAN, VA) -- Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.85 percent with an average 0.7 point for the week ending March 26, 2009, ... Read More

 
STR Reports U.S. Hotel Performance Down In February

STR Reports U.S. Hotel Performance Down In February

(HENDERSONVILLE, TN) -- The U.S. hotel industry posted declines in three key performance measurements during the month of February, according to data from STR. In year-over-year measurements, the industry's occupancy fell 10.1 percent to end the month at 53.2 percent. Average daily rate dropped 7.8 percent to finish ... Read More

 
Starwood Creating New Design, Branding and Retail Think Tank in Manhattan

Starwood Creating New Design, Branding and Retail Think Tank in Manhattan

(NEW YORK, NY) -- Starwood Hotels & Resorts Worldwide Inc. isn't waiting for the leisure market to recover - it is moving ahead quickly with new design and branding concepts.In the process, the international  lodging  company  is also consolidating office... Read More

 
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