Hyatt San Gabriel

Hoteliers Are Building Mostly Upscale Projects to Meet Travel Demand

Los Angeles Times 06/02/18 Hoteliers Are Building Mostly Upscale Projects to Meet Travel Demand By Hugo Martin http://www.latimes.com/business/la-fi-travel-briefcase-hotel-construction-20180602-story.html   Hotel developers are spending most of their money on lodging for higher-end guests and business travelers, thanks to a strong economy and the rising cost of labor and construction material. Those are the conclusions from hospitality...

Economics, Expansion Drive Hotel Renovations

Orange County Business Journal 05/28/18 TILL-RISING TOURISM TIDE LIFTS OC RESORTS’ BOATS Economics, Expansion Drive Hotel Renovations By Paul Hughes https://www.ocbj.com/news/2018/may/28/economics-expansion-drive-hotel-renovations/   Sometimes, it’s just time. Hotels and resorts refresh their looks about every seven to 10 years as styles change in “linens and lotions” and as food and beverage and design trends emerge, even...
Metropolis-Rendering-Night-Time

A Superpower’s Big Exit

The Real Deal 04/20/18 A Superpower’s Big Exit Chinese investment tanked in 2017, but some say that spells opportunity for local players By Hannah Madans | Research by Haru Coryne https://therealdeal.com/la/issues_articles/a-superpowers-big-exit   Greenland USA put a condo tower and a 350-key hotel, both part of its $1 billion Metropolis project, on the market this year....