Friday, January 4, 2013

New York City Breaks Tourism Record with 52 Million Visitors - Exhibitor Online

New York City Breaks Tourism Record with 52 Million Visitors - Exhibitor Online

New York City Breaks Tourism Record with 52 Million Visitors - Exhibitor Online

New York City Breaks Tourism Record with 52 Million VisitorsExhibitor OnlineIn 2012, New York City welcomed an estimated 41 million domestic visitors and 11 million international visitors. In addition, New York City sold a record 29 million hotel room nights and generated a record $504 million in hotel tax revenue, and the ...

CBRE Group, Inc. Acquires Commercial Real Estate Services Businesses from Resource Real Estate Partners and TPA Realty ...

CBRE Group, Inc. today announced the acquisition of the commercial real estate services businesses of Atlanta-based Resource Real Estate Partners, LLC and TPA Realty Services, LLC .

GTA Commercial REALTORS(R) Release Quarterly Commercial Market Figures

Toronto Real Estate Board Commercial Division Members reported transactions amounting to almost 3.9 million square feet of leased space through the TorontoMLS system in the Fourth Quarter of 2012. This ...

Terrible's Hotel and Casino gets $7 million in upgrades - Las Vegas Review - Journal

Las Vegas Review - JournalTerrible's Hotel and Casino gets $7 million in upgradesLas Vegas Review - JournalIn the grand scheme of Las Vegas hotel renovations, $7 million might not seem like a large amount. But for Terrible's, which was in limbo for several years because of the Herbst Gaming bankruptcy reorganization, any amount for renovations was a welcome ...and more »

Nama chairman sees growing signs of stability in property market

There are growing indicators that the commercial and residential property markets are stabilising, chairman of the National Asset Management Agency Frank Daly has said.

Commercial, residential plans in works for old Connie Bean property

PORTSMOUTH — The new owner of the Connie Bean Community Center property on Daniel Street plans to redevelop the historic structure into a mixed use building with commercial and residential space, a city official said Thursday.

Room 77® Closes $30 Million Round to Accelerate Hotel Metasearch Platform - Marketwire (press release)

TnoozRoom 77® Closes $30 Million Round to Accelerate Hotel Metasearch PlatformMarketwire (press release)Based on internal analysis of more than five million hotel searches, Room 77 uncovered at least one lower price for travelers in two out of three searches, averaging $72 per stay. And, only Room 77 offers free Room Concierge™ service, which leverages ...Hotel Search Engine Room 77 Raises $30 Million From Expedia, OthersForbesExpedia leads $30M deal in hotel search startup Room 77GeekWireRoom 77 gets $30M infusion for hotel metasearch serviceVatorNewsTechCrunch -All Things Digital -Fortune (blog)all 22 news articles »

Nama sees property prices stabilising

There are growing indicators that the Irish commercial and residential property markets are stabilising, the chairman of the National Asset Management Agency, Frank Daly, has said.

Ask the Experts

Q: My business is growing to the point where I need to move to larger commercial space. Should I buy or lease this commercial property?

City Breaks Tourism Record Again With 52 Million Visitors in 2012 - Commercial Observer

GothamistCity Breaks Tourism Record Again With 52 Million Visitors in 2012Commercial ObserverNew York City sold a record 29 million hotel room nights and generated a record $504 million in hotel tax revenue, with the hospitality industry across all five boroughs now employing 356,000 New Yorkers, according to a statement from the Mayor's office.NYC Had A Record 52 Million Tourists Visit In 2012!GothamistNew York City crossed 50 million tourists mark in 2012; 55 million goal for 2013SkiftNew York sets mark with 52 million visitors in 2012Travel WeeklyInternational Business Times -Bartlesville Examiner Enterpriseall 328 news articles »

Chris Sutton on the outlook for the commercial property sector

Leaving aside the sporting achievements of 2012 the year was, by common consent, one to forget.

U.K. Commercial Property Investment Fell 9% on Non-London Slump

London real estate deals totaled 18 billion pounds in 2012, the most in four years, the Chicago-based broker said in a report today. Purchases outside the U.K. capital reached 12 billion pounds, the lowest amount in that period.

Surge in value of commercial deals

The value of commercial property deals in Wales soared by 143% in Q3, according to research from Lambert Smith Hampton's UK Investment Transactions (UKIT) report.

Anna Lynch and Marc Valentine Launch Perth Commercial Property, a Boutique Real Estate Agency

Perth Commercial Property launches to provide top-notch customer service to commercial real estate clients.Perth, Au (PRWEB) December 28, 2012 Real estate agents Anna Lynch and Marc Valentine recently launched Perth Commercial Property to offer better service in the commercial real estate industry. "As both buyers and sellers of real estate, we've had extensive experience on both sides of the ...

City's £1.7million hotel bill for homeless families - Glasgow Evening Times

Glasgow Evening TimesCity's £1.7million hotel bill for homeless familiesGlasgow Evening TimesGLASGOW spent £1.7million putting the homeless up in hotels last year as it failed to find suitable emergency accommodation for hundreds of people. Council bosses resorted to big budget chains to shelter more than 800 households, including families ...

Tribe to spend millions on hotel, travel plaza - The Lawton Constitution

Tribe to spend millions on hotel, travel plazaThe Lawton ConstitutionThe $12 million development proposal includes construction of a new hotel on tribe-owned land within walking distance of the Comanche Nation Casino off Interstate 44 exit 5 in Devol. Plans include construction of a 90-room hotel that would also have ...

Hospital Staff Scheme Buys Sh290 Million Hotel - AllAfrica.com

Hospital Staff Scheme Buys Sh290 Million HotelAllAfrica.comThe Moi Teaching and Referral Hospital Staff Pension Scheme has invested Sh290 million in a new eight storey building to be opened in Eldoret town. Speaking at the scheme's AGM at the weekend, prinicipal officer Agunda Ochanda assured members that ...

Downtown's $324 million hotel - Houston Chronicle (blog)

Downtown's $324 million hotelHouston Chronicle (blog)These renderings show the proposed 30-story convention center hotel proposed for a site just north of Discovery Green. The new project, for which the city approved $138 million worth of incentives last week, will be developed by Houston-based Rida ...and more »

Hotels fixing flaw that made room locks vulnerable to hackers - USA TODAY

Hotels fixing flaw that made room locks vulnerable to hackersUSA TODAYHotels fixing flaw that made room locks vulnerable to hackers: The locks on more than 1 million guestroom doors are in various stages of being repaired, following the revelation this summer that they may be vulnerable to hackers. (Photo: Brian Harkin ...and more »

Moore plans $8 million hotel in hometown - Charleston Post Courier (subscription)

Moore plans $8 million hotel in hometownCharleston Post Courier (subscription)Shortly after donating $1 million to the music program at Claflin University in Orangeburg, South Carolina-born Wall Street financier Darla Moore turned her sights on improving her Pee Dee hometown. Moore and local officials in Lake City last week ...

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