Monday, January 28, 2013

Democratic National Convention economic impact: $163.6 million - Charlotte Observer

Democratic National Convention economic impact: $163.6 million - Charlotte Observer

Democratic National Convention economic impact: $163.6 million - Charlotte Observer

Charlotte ObserverDemocratic National Convention economic impact: $163.6 millionCharlotte ObserverThe consultant said area hotels booked 61,246 hotel room nights for the DNC, generating $20.9 million in revenue. September was the local hotel industry's best month in at least four years. Tax revenue for hotels was up more than 80 percent compared to ...Study: Charlotte DNC worth $164MCharlotte Business Journal (blog)DNC Impact: $91 million to CharlotteWBTVDemocratic National Convention Creates Lasting Impact on Charlotte RegionGlobeNewswire (press release)all 15 news articles »

Nahai Insurance Services Offers Commercial Property Owners Cost-Saving Real Estate Insurance Tips & Education

Commercial property owners looking to save on real estate insurance can turn to the brokers at Nahai Insurance Services.Beverly Hills, California (PRWEB) January 28, 2013 Nahai Insurance Services, a full-service relationship-focused independent insurance brokerage and business consultancy, recognizes commercial property owners' need to find the most affordable, yet reliable real estate insurance ...

LodgeNet Files for Bankruptcy - Wall Street Journal

Wall Street JournalLodgeNet Files for BankruptcyWall Street JournalHotel media provider LodgeNet Interactive Corp. filed for Chapter 11 bankruptcy to execute an agreement with private equity firm Colony Capital LLC that will infuse $60 million into the business in exchange for control of the company. LodgeNet said it ...LodgeNet Interactive files prepackaged Chapter 11ForbesLodgeNet Interactive files for bankruptcyReutersLodgeNet Interactive Files for Bankruptcy ProtectionBloombergMarketWatch (press release) -Law360 (subscription) -US Daily Stockall 14 news articles »

Coldwell Banker Commercial Alliance Enlists Industry Veteran Michael Dorsey to Launch Orange County, California ...

NEW YORK, Jan. 28, 2013 /PRNewswire/ -- Coldwell Banker Commercial Alliance, a national real estate services firm dedicated to serving small businesses, private investors, and small/mid-cap corporate users ...

Ignis UK Property: managers aim for prime properties to beat falling shop values

Commercial property funds are enticing more investors into the sector. Ignis takes aim at tenants including the government and Waitrose to try to beat uncertainty.

Abu Dhabi Abu Dhabi Sees Hotel Revenues Rise 6% In 2012 - Gulf Business News

Abu Dhabi Abu Dhabi Sees Hotel Revenues Rise 6% In 2012Gulf Business NewsAbu Dhabi welcomed over 2.38 million hotel guests in 2012, up 13 per cent compared to 2011, and above its target of 2.3 million guests, according to figures released by the Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi). The emirate, which has ...and more »

Las Vegas UFO Aficionado Bets $500 Million on Space Hotel - Bloomberg

The Voice of RussiaLas Vegas UFO Aficionado Bets $500 Million on Space HotelBloombergHe has bet $500 million of his own money on his closely held venture, Bigelow Aerospace LLC -- five times what billionaire Elon Musk invested in his own space company. "If you don't have bucks, there's no Buck Rogers," said Bigelow, 68, echoing a ...Would you pay $400000 for a hotel room in space?Las Vegas Weekly (blog)all 4 news articles »

Kanetix.ca announces partnership with Gore Mutual, offering more quotes to commercial insurance customers

Online quotes for commercial property insurance, from Gore Mutual, now available to customers in Ontario and Alberta TORONTO , Jan. 28, 2013 /CNW/ - Kanetix.ca announced today an expansion of the company's ...

Long awaited £285 million O2 Hotel development to break ground in weeks - UK Business Property

The WharfLong awaited £285 million O2 Hotel development to break ground in weeksUK Business PropertyA new 452 bedroom luxury riverside Hotel at the O2, which was part of the original masterplan for the North Greenwich Peninsula, has taken a step closer to construction, with the exchange of contracts for sale of the site by O2 owners AEG, to the JV ...Plans step up for Greenwich Peninsula's The O2 hotelThe Wharfall 2 news articles »

Lansner: Hot property isn't just an O.C. trend

Orange County housing wasn't the only hot real estate last year. Commercial property - a space typically played by huge investors - enjoyed a renaissance, too, across the nation and around the globe. That advance is detailed in a study by SNL Real Estate of how Real Estate Investment Trusts,...

Big shift to commercial & overseas property: expert

by Cheryl Tay The recent introduction of market cooling measures is unlikely to have much impact on commercial and overseas real estate investor sentiment, according to some analysts.  

Failed Property Bets Show Danish Bank Woes far From Over

Denmark 's latest bank failure was caused by bad bets on commercial property, a model for insolvency that continues to dominate the nation's financial woes, Jyske Bank A/S (JYSK) Chief Executive Officer Anders Dam said.

Govt casts a cold eye on shops, office space

The sudden burst of activity in the commercial property sector has caught the government's eye, and indications are that it may extend cooling measures to this sector if transactions rise above what it deems to be the comfort level.

AEG Selling Land Near London's O2 for $450 Million Hotel Project - Bloomberg

AEG Selling Land Near London's O2 for $450 Million Hotel ProjectBloombergAnschutz Entertainment Group Inc., the world's largest owner of sports teams, agreed to sell land near London's O2 Arena to a group of investors that plan a $450 million hotel and residential project. A joint venture between Queensgate Investments Fund ...and more »

Lower Manhattan Commercial Property Values and Rents Damaged by Hurricane Sandy, Say Local Real Estate Executives in ...

As 2013 begins and many large office buildings in New York's Financial District struggle to come back online, city real estate executives express pessimism about the health, and even future, of the Lower ...

Atlanta Marriott Marquis Sold for $293 Million - Hotel News Resource

Atlanta Marriott Marquis Sold for $293 MillionHotel News ResourceHost Hotels & Resorts, Inc. (NYSE: HST) announced that on January 11 Host Hotels & Resorts, L.P. sold the 1,663-room Atlanta Marriott Marquis in Atlanta, GA for $293 million. The hotel is subject to a long-term management agreement with Marriott ...Host Hotels sells Atlanta propertyWashington Business JournalMarriott Marquis soldAtlanta Journal Constitutionall 12 news articles »

Australia Commercial Property Sales Slump on Economy, CBRE Says

Australian commercial property sales plunged by 33 percent in the fourth quarter of 2012, as uncertainty about the nation's economy kept a lid on transactions, according to CBRE Group Inc.

Louisville hotel industry generated nearly $355 million from tourists in 2011 - Business First of Louisville

Louisville hotel industry generated nearly $355 million from tourists in 2011Business First of LouisvilleIt's a no-brainer that tourism is important to the local hotel industry. But just how important is it? According to a recent study released by the Louisville Convention and Visitors Bureau, tourists spent nearly $355 million on lodging in 2011. Only ...and more »

Plans for $8.8-million Hotel Found Complete - Fenceviewer

Plans for $8.8-million Hotel Found CompleteFenceviewerPlans for $8.8-million Hotel Found Complete. Written by Robert Levin Thursday, January 10, 2013 at 8:59 am. font size decrease font size decrease font size increase font size increase font size; Print · E-mail. BAR HARBOR — Plans for construction of a ...

Plans altered for $22 million hotel at former auto site in Bloomfield - Tribune-Review

Plans altered for $22 million hotel at former auto site in BloomfieldTribune-ReviewChanges in the original plans for a new hotel at the former Don Allen AutoCity site in Bloomfield were outlined Tuesday at the City Planning Commission. The hotel project, estimated to cost $22 million, has been changed from the original plan described ...

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