Tag: Hotels
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Beverly Hills’ $10 Billion Bet: One Beverly Hills Redefines Ultra-Luxury Living
Beverly Hills is no stranger to opulence. But even by California’s gold-plated standards, the city is about to test the upper limits of luxury with a $10 billion mega-development that’s reshaping its skyline and retail corridor. Welcome to One Beverly Hills — a 17.5-acre transformation at the gateway to Rodeo Drive. This is more than…
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Stagecoach Mountain Ranch Moves Forward: A Bold Vision for Routt County
The future of Stagecoach is starting to take shape. With Routt County’s Planning Department officially accepting Discovery Land Company’s applications, the formal review process for the Stagecoach Mountain Ranch development is now underway. This is a significant milestone for a project that will bring a world-class private ski resort, hundreds of homes, and meaningful community…
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Corporate Travel & Events Surge, Boosting Hotel Revenues
Group travel revenue per room rose 6.8% in the first eight months of 2024, outpacing inflation and driving lodging growth. Corporate retreats and group travel are experiencing a resurgence, significantly boosting hotel revenues as other travel segments slow. Financial and technology companies are leading this rebound, ensuring a robust demand for corporate events, booked years…
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Hurricane Milton’s Impact on Various Sectors: Building Supplies, Banks, and Hotels
As Hurricane Milton approaches Florida’s Gulf Coast, its potential impact spans several sectors, including building materials, banks, and hotels. Described as ‘a dangerous major hurricane’ by the National Hurricane Center, Milton is expected to make landfall late Wednesday. Building Supplies The current trajectory of Hurricane Milton could significantly impact the densely populated Tampa/St. Pete area,…
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The Next Nashville? Billions In New Investment Could Put Baltimore Back On The Map
Baltimore’s Real Estate Renaissance: A $12B Transformation 🌟🏙️ Baltimore, MD — The Charm City is buzzing with anticipation as massive real estate and infrastructure projects converge, injecting billions into Baltimore’s economy. From the iconic Inner Harbor to the waterfront Baltimore Peninsula megaproject, the city is poised for a revival. But with growth come challenges—housing affordability,…
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🏢 Former Racetrack Transforms into Thriving Community near Detroit
In a bold move, Michigan’s last horse racing track, Northville Downs, has given way to a visionary master-plan. The $248 million development, known as “The Downs,” is taking shape just 27 miles from downtown Detroit. Here’s what you need to know: Got questions? Ask away! 👇
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Disneyland Forward Expansion: A Glimpse into the Future of Anaheim’s Iconic Resort
Anaheim, CA — Disney enthusiasts, hold onto your Mickey ears! The $1.9 billion Disneyland Forward project is set to transform the beloved Disneyland Resort into an even more magical destination. While Disney officials have been tight-lipped about specifics, tantalizing hints and artist renderings provide a sneak peek into what awaits visitors. New Lands and Exciting…
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Last week, a foreclosure notice was filed for one of the most high-profile hotels in Washington, D.C.: The Waldorf Astoria, formerly known as the Trump International Hotel.
Distressed But ‘Stressed’: Investors See Hotel Buying Opportunities Coming Last week, a foreclosure notice was filed for one of the most high-profile hotels in Washington, D.C.: The Waldorf Astoria, formerly known as the Trump International Hotel. The property’s leaseholder, CGI Merchant Group, defaulted on its $285 million loan in February, and a foreclosure auction is…
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From Ghost Mall to Vibrant Community: The Rise in Cupertino, California
Silicon Valley’s once-abandoned Vallco shopping mall is undergoing a remarkable transformation. The Rise, a visionary mixed-use development, is breathing new life into this 50-acre site, replacing the former mall with a vibrant community that addresses Cupertino’s pressing housing needs. The Rise: A Bold Vision A Historic Moment for Housing In the heart of Silicon Valley,…
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Revitalizing America: The Rise of Adaptive-Reuse Apartments
In a remarkable resurgence, the United States has seen a significant boost in its housing stock, with nearly 13,000 apartments emerging from the transformation of obsolete buildings. The trend of adaptive-reuse in multifamily developments has surged, with a 17.6% increase in converted apartments compared to the previous year, introducing 12,713 new living spaces into the…
