News
Stay up to date with the latest news about commercial real estate, business opportunities, and trending topics for investors.
News Tile 1
Numbers Show Golf Instruction Is Thriving
Young or old, male or female, people are trying to improve their golf games, and that’s all good news for the future of the industry. The better everyone plays, the more likely they are to continue playing.
Orlando Melbourne International Airport Seeks Developers for Unique Fly-In Hotel
Florida’s Orlando Melbourne International Airport (MLB) envisions a unique Fly-In upscale hotel that features direct airfield access, water views, rooftop dining and more. An RFP was issued with a submission deadline of March 15, 2019.
Park Inn by Radisson Opens in Dubai
Park Inn by Radisson Hotel Apartments in Al Barsha is located half a kilometre from Mall of the Emirates and Ski Dubai, four kilometres from the Palm Jumeirah, and 18 kilometres from Downtown Dubai.
PodDC Hotel
Potential End of 1031 Exchange Provision could Impact Hotel Transactions
A popular commercial real estate tax break used by hotel companies such as Hilton could be going away soon, even if a federal tax overhaul isn't passed this year. In the offing is the elimination of the 1031 exchange provision, which allows sellers of commercial real estate to defer capital gains taxes by taking proceeds from a sale and investing it in "like-kind properties."
Radisson Hotel Group Unveils the New Park Inn by Radisson Prototype Design at Its Americas Business Conference
Radisson Hotel Group yesterday announced at its Americas Business Conference in Miami, Fla. the all new look and feel of Park Inn by Radisson. As part of the conference, the company revealed its new prototype model room for the brand. The new contemporary design targeted at the upper midscale market provides comfort while maximizing space within a compact footprint
Repositioning of Golf Courses
Not too long ago many residential developments in Florida featured golf courses as an incentive for new home and lot sales. However, today in 2017, these once flourishing fairways, greens, and clubhouses are being decommissioned leaving communities with overgrown, vacant land.
Rising Traveler Demand for Capsule Hotels to Surge by 2022
Japan isn't the only country with a tiny-room mentality. According to a recent report from WiseGuy Research Consultants, demand for capsule hotels has seen strong growth, and isn't showing any signs of a slow down. The global capsule or pod hotels market was worth $159 million in 2016 and is expected to increase by a compound annual growth rate of 6.03 percent to $226 million by the end of 2022—and is gaining momentum in Asian countries outside Japan, accommodating a mix of travelers, from backpackers to business travelers.
Scotland H1 Hotel Investment is DOUBLE of 2017
Existing brands are seeking to increase representation in the country and new entrants are also looking to secure a foothold in the Scottish market. Investment into Scottish hotels in the first half of 2018 reached £389.6m, double the total annual investment volumes recorded in 2017 (£195m).
San Diego Course to be Razed for Housing
A Southern California real estate investment company has acquired the Carmel Highlands Golf Course in San Diego, Calif. with plans to develop a housing community on the site. .
Canopy Hotels by Hilton
One of Hilton’s boutique hotel brands, Canopy by Hilton, is poised to expand aggressively in the global hospitality market over the coming years.
Scandic's Mobile Hotel Room Coming to New York
Selina Hotel Chain Opens New Locations in Costa Rica
The international hotel chain Selina which focuses on millennials and offers “hostel” style lodging is expanding its operations in Costa Rica. The first hostel of the brand opened doors in Manuel Antonio, Quepos back in November; a month later it inaugurated two more locations in San José and Santa Teresa; in January the chain opened a small hotel in Puerto Viejo, Limón and in June in Jacó. The hotel chain now has selected La Fortuna in San Carlos as the destination of its next hotel.
Silver Airlines Comes to Clearwater / St. Petersburg
Silver Airways adding service to Key West and Fort Lauderdale from St. Pete-Clearwater International Airport (PIE)
Site Selection 2018 - Where Dreamers Become Doers
Who’s achieving the American Dream and who’s not? A unique survey sheds light on both.
Sleep Inn Brand Unveils Prototype Evolution
Proven Sleep Inn concept transcends trendy. It is an all new construction brand and leader in the midscale lodging segment.
Social-Media Strategy Crucial Part of Driving Hotel Revenue
Although it can be difficult to measure the return on investment from social media, the medium is necessary to help build an audience that will drive direct bookings and ultimately revenue.
Soil Carbon Market Could Grow Quickly Globally
Carbon markets are already providing income to Australian and some Canadian and US farmers for trapping carbon dioxide in their soil and reducing carbon emissions on the farm. How are these markets expected to grow and when will European farmers begin cashing in?
Spacecraft Orion Launch Successful
NASA's new Orion spacecraft made a "bull's-eye" Pacific splashdown Friday following a dramatic journey 3,604 miles beyond Earth. The achievement opens a new era of human exploration aimed at putting people on Mars.