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.
Total revenue per available room increased 2.5% in 2017 for full-service hotels, according to a report from HotStats. A 2.4% gain in F&B revenue helped fuel the increase. Read the Lodging magazine online story here
Express has revamped a New York City store to test a concept that groups fashions together based on different work styles including office work and creative careers. The store also boasts a space with Wi-Fi and charging stations designed to encourage shoppers to stay and
The opening of the Radisson Gwalior is touching off a string of Radisson hotel developments in India this year. Radisson will have in excess of 200 properties open or in its South Asia pipeline by 2022. Read the Hotel Management online story here
United Properties revealed a new design for the 33-story tower it wants to build on the north end of Nicollet Mall in Minneapolis, fresh after landing RBC Wealth Management as the anchor tenant. Read the Star Tribune story here
Walmart will invest $277 million to renovate 45 Texas stores this year, including 18 locations in the Dallas-Fort Worth market. The retailer is focused on revamping existing locations around the country and plans to open fewer than 25 new U.S. stores this year. Read The
Best Buy will open a 36,000-square-foot store in a Salt Lake City suburb this fall, marking the electronics retailer’s first full-line location to open in the United States since 2011. Best Buy, which operates about 1,000 U.S. brick-and-mortar locations, has been experimenting with in-store shops
Check-out time came earlier than expected for a proposal to build a hotel in downtown Brunswick. Savannah-based developer Image Hotels last week withdrew its plan to construct an at least 80-room hotel in the 1600 block of Newcastle Street. Read The Brunswick News story here
Ashford Inc. is acquiring Remington Project Management in a $203 million transaction. Remington, which is owned by Ashford CEO Monty J. Bennett and his father, provides project management as well as design and development services to hotels. Read The Business Journals story here
Colby College is buying the Camden National Bank building at 33 Main St., adjacent to the lot where it plans to build a hotel as part of that project. Read the Mainebiz story here
More housing is proposed downtown and South Broadway could get its first hotel. Bharat Gandhi of Broadway Hospitality wants to convert a light-industrial building at 189 S. Broadway into a 54-room hotel. Read The Journal News story here
Sign up for our eblasts to get updated information, news and opportunities.
Always stay two steps ahead of your Competitors. Stay informed with the latest in the Industry.
This site uses cookies to ensure that you get the best user experience. By choosing “Accept” you acknowledge this and that ccr-mag.com operates under the Fair Use Act. Furthermore, Changing privacy laws now require website visitors from EEA based countries to provide consent in order to use personalized advertising or data modeling with either Google Ads & Analytics. Find out more on the Privacy Policy & Terms of Use Page