Month: July 2020

Pandemic turns Europe’s retail sector on its head as shoppers stay close to home

By Victoria Waldersee

LISBON (Reuters) – City centre shops and malls may have lost their lustre during the COVID-19 pandemic, but as lockdowns ease across Europe many stores in and around residential areas stand to benefit as consumers remain reluctant to venture far from home.

While retail sales appear to be rebounding – surging 17.8% in the euro zone in May and approaching pre-lockdown levels in Britain in June – shoppers are increasingly staying local, leaving Europe’s most renowned shopping districts from London’s West End to Berlin’s Kurfürstendamm struggling in the absence of office workers and tourists.

On Germany’s main shopping streets in Hamburg, Cologne and Berlin, footfall in June was as much as 50% lower than a year earlier, according to the German Retail Federation, while in London’s West End it was down 75%, according to the New West End Company, an association of retailers and landlords in the

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Where Will Summit Hotel Properties be in 3 Years?

Summit Hotel Properties (NYSE: INN) has evolved over the past few years. While the hotel real estate investment trust (REIT) owns a similarly sized portfolio (it had 79 hotels and 11,590 guest rooms in mid-2017 versus 72 hotels and 11,288 guest rooms currently), it has sold several smaller hotels and recycled that capital into acquiring larger properties that boast higher earnings metrics. This portfolio refresh has enabled Summit to grow its RevPAR at a faster rate than its peers.

While Summit is currently facing some major headwinds due to COVID-19, the company believes it has a bright future. Here’s a look at where the hotel REIT might be in three years.

Where Summit Hotel Properties is today

As noted, Summit Hotel Properties currently has interests in 72 hotels spread across 23 states. Premium hotel brands like Marriott (NYSE: MAR), Hilton (NYSE: HLT), Hyatt (NYSE: H), and InterContinental (NYSE: IHG) operate

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State leaders join dozens in support of hotel worker injured in alleged racially-charged attack

STONINGTON, Conn. (WTNH) — Dozens came together Sunday afternoon in Stonington in solidarity with a hotel worker injured in an alleged racially-charged attack last month. State leaders pledged their support Sunday.

Crystal Caldwell says she is overwhelmed by the support she’s received over the last month since that alleged vicious attack by a New York couple.

“Americans like Crystal Caldwell still face racism and extreme hatred and it is incumbent upon all of us to get rid of the evils of racism. Get rid of them and ensure equality for all,” said one rally organizer.

The two suspects were arrested and face several charges including assault and intimidation based on bigotry and bias. Though they will face a judge for their alleged actions, state leaders say more needs to be done.

Sen. Richard Blumenthal (D – Connecticut) said, “Black lives matter and we want justice for Crystal Caldwell…We need to

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Man attempts to kidnap child from hotel room

The sheriff’s office say the mother and her child were unharmed during the attempt.

TAMPA, Fla. — A child is safe after deputies say a man tried to kidnap them from a hotel room Sunday.

The Hillsborough County Sheriff’s Office says it received a 911 call from the child’s mother around 9:41 a.m. telling the operator an unknown Hispanic man entered her Tampa hotel room and tried to take her child

Deputies say that man is 24-year-old Gabriel Martin. 

According to a news release, Martin picked up the child in front of the mother, but she was able to get her child from Martin before he took off.

That’s when the sheriff’s office says she escaped with her child and dialed 911 while Martin took off. 

Deputies were able to find Martin hiding in the shrubs of a nearby business park and arrested him.

The mother and child were not

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Man Found ‘Unresponsive’ After Being Shot Outside W Hotel In Streeterville

CHICAGO (CBS) — A man was found unresponsive after he was shot multiple times outside the W Hotel in the Streeterville neighborhood.

Chicago Police say the victim was “unresponsive” when officers arrived just after 4 a.m. on Sunday. CBS 2 crews saw officers canvassing the area around the hotel, which is near inner Lake Shore Drive and Ontario Street.  Glass on a door was shattered, possibly by gunfire.

Police say no one was in custody Sunday afternoon, and witnesses at the scene did not cooperate.

W Hotel parent company Marriott released the following statement after the shooting: “We are aware of a situation that was reported today. The safety and security of our guests and employees is always a top priority. Because this matter is under police investigation, it would be inappropriate to comment further.”

 


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As of Sunday afternoon, at least 40 people had been

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line+ studio transforms ancient, dwellings of china with ‘stray bird art hotel’

gad · line+ studio presents its ‘stray bird art hotel,’ a transformation of two dwellings surrounded by mountains on three sides and facing a deep valley of rural china. the studio draws poetic influence from the ancient history of the hidden site, built along the mountain atop a landscape of terraces which embrace a slope falling nearly 700 feet. the cliffside settlement cluster is located in western zhejiang, and is defined by an architectural fabric of rammed earth and wooden dwellings which have retained the traditional village environment that had spanned six centuries.

gad · line+ studio transforms ancient, hidden architecture of china with 'stray bird art hotel'
all images © guangkun yang, unless otherwise stated

 

 

during the design process of the ‘stray bird art hotel,’ the team at gad · line+ studio drew inspiration from the poetic nature of the ancient and rural place. the project sees the transformation of two traditional dwellings, three sides of which are built of rammed earth walls supporting

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Six-story hotel rising on Nebraska Innovation Campus in Lincoln | Business Local

But, reader habits changed, said Alford, whose children have helped manage the store in recent years. He said low profit margins can’t keep the doors open.

“Amazon has just dominated the book business and, well, people don’t read the newspaper or books as much as they used to.”

Dorothy passed away Dec. 6th, Alford said. He is 94 years old (and still has the VIP car wash near 120th and L Streets).

“It was wonderful while it lasted,” said Alford.


Investors Realty leadership changes

Locally born and raised Investors Realty has shifted leaders, with Tim Langan succeeding R.J. Neary as president. 

Neary, who served as president since 2010 and has been with the real estate company since 1987, will remain as board chairman, helping to guide strategic growth.

Langan, also an Omaha native, joined Investors Realty as chief operating officer in 2013.

Other management changes also are taking place, including

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The World’s Most Resplendent Hotel Gardens

The plant craze is booming and has inspired travelers to take road trips to destinations that are bursting with outdoor exotic plants, garden shops and plant-themed restaurants. For example, the hillsides of the western North Carolina Blue Ridge Mountains are a Rhododendron paradise that explodes in blossoms of brilliant colors ranging from white and pastels to vibrant purple and red.

Rosemary Square, West Palm Beach, is rich with color thanks to a variety of flowers in bloom throughout the neighborhood. From Purple Passion Flowers to Double Peach Hibiscus, the 72-acre neighborhood is booming with plants and flowers in every corner. They work with a certified master gardener who curates the destinations plants and even opened a tranquil store that is part garden shop and part art gallery. This

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S. Korea reports 25 new coronavirus cases

SEOUL, South Korea — South Korea has reported 25 newly confirmed cases of COVID-19, bringing its national caseload to 14,175 infections and 299 deaths.

South Korea’s Centers for Disease Control and Prevention on Monday said 16 of the new cases were tied to people arriving from abroad. The country in past days have reported dozens of cases among crew members of a Russia-flagged cargo ship docked in the southern port of Busan and hundreds of South Korean construction workers airlifted from virus-ravaged Iraq.

Among the nine local transmissions, eight were from the Seoul metropolitan area, which has been at the center of a virus resurgence since late May. Health authorities have scrambled to stem transmissions linked to various places and groups, including churches, welfare centers, restaurants and door-to-door salespeople.

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HERE’S WHAT YOU NEED TO KNOW ABOUT THE VIRUS OUTBREAK:

— South Africa warns COVID-19 corruption puts ‘lives at risk’

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Man, 24, arrested after trying to kidnap child from Tampa hotel room, police said

TAMPA — A 24-year-old man is in jail after the Hillsborough County Sheriff’s Office said he attempted to kidnap a child from a hotel room Sunday morning.

The child’s mother called authorities at 9:41 a.m., saying that a man unknown to her had come into her hotel room and picked up her child. Police later identified the man as Gabriel Martin of Bradenton.

The mother was able to gain control of the child, and Martin fled on foot as she called for help, the Sheriff’s Office said. Martin was found hiding in the shrubs of a nearby business park, where he was arrested.

“Thankfully, the mother and child were not hurt during the course of this incident,” Sheriff Chad Chronister said in a statement. “As a parent myself, I can’t imagine the fear this mother was in when the suspect tried to take her child away from her.”

Chronister

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