Shawmut Design and Construction has joined Draper and Wexford Science & Technology to break ground on the 111,000-square-foot Integrated Microelectronics Production & Advanced Chip Technology (IMPACT) Center in Lowell, Massachusetts.
Aqua Hotels & Resorts has announced that it has changed its name to Aqua Hospitality and is dividing its portfolio into three brands. The new brands are Aqua Hotels and Resorts, comprising midscale properties; economy-segment Lite Hotels; and Monogram Hotel Collection, composed of independent luxury
Performance projections are pointing to continued growth for the U.S. hotel industry in 2013, Horwath HTL reports. A diminished construction pipeline is helping to improve metrics as the industry steadily recovers from the recession. However, the industry’s growth could still suffer setbacks from rising lodging
The TravelClick North American Hospitality Review for December 2012 indicates that group hotel bookings have begun to recover. Data show a 2.2 percent rise in group bookings from the fourth quarter of 2012 through the third quarter of 2013. Read the TravelPulse story here.
Dunkin’ Donuts westward expansion will take it to Southern California, with plans to sign franchisees and open restaurants in at least six markets by 2015. It’s the second time around for the chain, which operated about 15 California stores in the late 1990s but eventually
Dunkin’ Donuts westward expansion will take it to Southern California, with plans to sign franchisees and open restaurants in at least six markets by 2015. It’s the second time around for the chain, which operated about 15 California stores in the late 1990s but eventually
Retail sales for November and December rose 3 percent, according to NRF, missing the 4.1 percent forecast as shoppers slowed their spending amid concerns about taxes and job security. Read the CNBC/Reuters story here.
Retail sales for November and December rose 3 percent, according to NRF, missing the 4.1 percent forecast as shoppers slowed their spending amid concerns about taxes and job security. Read the CNBC/Reuters story here.
Young adults are cutting back on dining out while baby boomers and seniors are heading to restaurants more often than they did in 2008, according to new data from NPD Group. Read the LA Times story here.
On the whole, hotel growth looks good and new-hotel building is expected, according to Hotel Interactive. The group breaks down hotel-building growth by different cities, noting that 40 percent of today’s hotel-construction pipeline began in the past year. Read the Hotel Interactive story here.
Starwood Hotels & Resorts is looking to maintain the brisk growth pace it enjoyed in 2012 with continued expansion in various global markets. Read the Fox Business story here.
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