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Starwood Plans to Hoist Flags Over Cuban Hotels

The Stamford, CT-based hotel will hoist the flags of its Luxury Collection and Four Points in Cuba by Sheraton brands over the properties later this year. Starwood is partnering with the Gran Caribe to rebrand the landmark Hotel Inglaterra as a member of the Luxury Collection. Starwood is one of the world’s largest hotel companies…

Wage Growth Pressure on Hospitality Industry

Concerning growth and employment pressures are happening in the hospitality industry. One of the hottest trends at the moment when it comes to the economy and job growth is hospitality. The growth in this sector is about 5 percent, just short of double that of other industries. Red Roof Inn’s President Andrew Alexander states that…

Hotels Get a Jump Start on Room for Super Bowl LI (51)

Some estimates indicate the downtown area will boast over 8,000 rooms before the end of 2016, with Hilton doing its part by adding three new hotels since the beginning of the year. Super Bowl LI will be a great boom to the Houston area, and with the influx of tourists, the need for more hotel…

Forecast: Construction and Design Trends for the Next Decade

America’s new buildings will not only look cooler, they’ll be better for the environment, too. The American Institute of Architects has projected an increase in spending by more than eight percent in 2016, and that growth overflowing into 2017 with more than a six percent increase. Once the nation’s leading construction forecasters’ projections are factored…

Southern California Commercial RE & Lending Conference 2016

The best place in Southern California to hear and learn about commercial real estate. When: Wednesday, April 27, 2016 Time: From 8:00 AM to 6:00 PM (PST) Where: Hilton Hotel Long Beach 701 W. Ocean Blvd. Long Beach, CA 90802 The 2016 Commercial Real Estate & Lending Conference in Long Beach will feature over 40…

San Diego’s Pre-Recession Construction Is Being Slowly Brushed Off

Moody’s Investors Service affirmed that San Diego is in great financial health. Moody’s gave the city of San Diego an Aa2 issuer rating and A1 lease revenue rating, the third and fifth-highest ratings, respectively. Moody’s noted that San Diego had a strong and ever-improving financial position, a manageable pension burden, and a low debt burden….

Oahu Now in the Same League as Milan, Paris, and Tokyo

Oahu’s hotel revenue on par with top tourist destinations in the world. Popular destinations in Europe, Asia, and South America are often ahead of the U.S.’s when it comes to room rates and occupancy. Paris, Milan, Tokyo, and Rio de Janerio are typically the top four in the select categories. In 2015, Oahu had the…

Mortgage Recovery Causing Widespread Layoffs

Wells Fargo says that the recovering housing market is causing layoffs. 581 Wells Fargo mortgage operations employees will be laid-off. The San Francisco-based bank employs about 265,000 people making it 2 percent of their entire employees. Ruben Pulido, Wells Fargo spokesman, says that foreclosure rates for mortgage loans have declined to their lowest point in…

Hawaii Properties Fall to Californians

Californians keep buying property in Hawaii. Outside of Hawaii itself, California remained the top state to purchase residential real estate on the Islands of Aloha in 2015. With an incredible $1.3 billion spent on a total 1,534 properties throughout the state. Worry not Hawaiians: Hawaii, of course, remains the top state to buy property in…

Businesses Face Waves of ADA Lawsuits

Hotels, bars, and restaurants face Americans with Disabilities Act lawsuits over noncompliance. Businesses in Arizona and Southern California are facing a wave of lawsuits filed by the Americans with Disabilities Act (ADA) because these businesses seem to be discriminating against their disabled guests. These lawsuits began last year and focused on southwest businesses (mostly hotels,…


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