(HENDERSONVILLE, TN) STR Reports U.S. Hotel Performance(HENDERSONVILLE, TN) -- The U.S. hotel industry posted declines in all three key performance measurements during the week of 7-13 June 2009, according to data from STR. READ FULL STORY HERE: (www.RealEstateChannel.com)
06/22/2009
(LONDON, UK) Belfast's Hotel RevPAR Strong Despite Declines(LONDON, UK) -- Data from STR Global shows the decline of the Belfast hotel market being offset by surprisingly competitive recent revenue per available room. The year-over-year percentage change in RevPAR for the 14 hotels sampled by STR
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06/22/2009
(SCOTTSDALE, AZ) Canadians Are Largest Foreign Real Estate Investors in U.S., Says Arizona Fund Manager(SCOTTSDALE, AZ) -- Quick now, which foreign country is the largest real estate investor today in the U.S.?Japan? No. China? No. Russia? No? It's Canada, believe it or not.E. Patrick LaVoie,
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06/22/2009
(ROSEMEAD, CA) Unused Commercial Rooftops in Southern California to Get Largest Solar Power Installation in U.S. History(ROSEMEAD, CA) -- The Obama Administration's push for a new source of energy has been heard loud and clear by the California Public Utilities Commission.In an unprecedented act
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06/22/2009
(BANGKOK, THAILAND) Thailand Now Plans to Put Itself on International Destination Map(BANGKOK, THAILAND) -- Creative Kingdom Inc. of Los Angeles, the creator of Dubai's Palm and World Islands and other global exotic-themed developments, now plans to put Thailand on the international destination m
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06/22/2009
(WASHINGTON, DC) The Downturn Happens Even In Paradise (WASHINGTON, DC) -- It's a deal the Army couldn't refuse. London-based InterContinental Hotels Group PLC [LON: IHG; NYSE: IHG (ADRs), which calls itself the world's largest hotel organization by number of rooms (500,000), plans to convert 3,2
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06/19/2009
(WASHINGTON, DC) InterContinental Hotels Converting 3,200 Old Army Base Hotel Rooms for Soldiers at No Cost to Pentagon (WASHINGTON, DC) -- It's a deal the Army couldn't refuse.London-based InterContinental Hotels Group PLC [LON: IHG; NYSE: IHG] (ADRs), which calls itself the world's largest hote
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06/19/2009
(MCLEAN, VA) Low Inflation Figures Push Mortgage Rates Back Down (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 5.38 percent with an average 0.7 point for the week ending June 1
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06/19/2009
(MOSCOW, RUSSIA) Intercontinental Hotels Expands Into Russia, Announces New Luxury Moscow Hotel (MOSCOW, RUSSIA) -- InterContinental Hotels & Resorts announced its plans to open a new hotel in Moscow called InterContinental Moscow Tverskaya, which is scheduled for completion in September 2010. Re
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06/19/2009
(NEW ORLEANS, LA) Pre-Trial Conference Set in 'Largest Construction Defect Case' in U.S. History (NEW ORLEANS, LA) -- The Chinese Drywall Case, previously reported by Real Estate Channel, is picking up momentum. The defendants collectively will be seeking total damages of $1 billion-plus, Read Mo
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06/19/2009
