from Hotel News Now newswire (12/8):
British travelers cash in as Dubai rates plummet
08 December 2009 7:36 AM
HNN Newswire
"British travellers are making the most of cut price hotel rooms in Dubai according to new figures from Hotels.com.
Searches for hotels in Dubai have risen by 570% since Dubai World's announcement sparked a financial crisis in the Emirate, it is revealed.
In the first half of 2009, the average price of a five star hotel room in the city was £174 per night.* However, for January 2010 a five star hotel room will cost on average just £144 a night, a drop of 17% and adding up to a saving of £210 for a week-long stay." ...
for the complete story
Tuesday, December 8, 2009
Canadian Museum of Human Rights progress
from the Toronto Star (12/7):
Museum action concentrated in Manitoba capital
December 07, 2009
Martin Knelman
"A recent visit to Washington reminded me of the stupendous array of national museums the United States has assembled in its capital. By comparison with many countries, including Britain, France, Italy, Spain and even China, Canada's showing in the field of museum-building has been modest, to put it mildly.
In fact we have not created a new national museum since 1967. And hopes have been dashed that we are going to have our long overdue National Portrait Gallery any time soon.
That's one reason that a strong buzz of engagement is building across this country over the Canadian Museum of Human Rights – even in Toronto." ...
for the complete story
Museum action concentrated in Manitoba capital
December 07, 2009
Martin Knelman
"A recent visit to Washington reminded me of the stupendous array of national museums the United States has assembled in its capital. By comparison with many countries, including Britain, France, Italy, Spain and even China, Canada's showing in the field of museum-building has been modest, to put it mildly.
In fact we have not created a new national museum since 1967. And hopes have been dashed that we are going to have our long overdue National Portrait Gallery any time soon.
That's one reason that a strong buzz of engagement is building across this country over the Canadian Museum of Human Rights – even in Toronto." ...
for the complete story
Canadian housing starts rising
from RBC Economics Research -- Daily Economic Upcate (12/8)
Canadian housing starts maintain uptrend
"Canadian housing starts continued to rise in November, but by a smaller-than-expected 0.7% to an annualized 158,500 units. Expectations had been for starts to rise to 160,000. However, the increase does extend a general upward trend in this indicator from a recent trough in April of 118,500 as builders respond to falling inventories of unsold homes and consumers take advantage of low mortgage rates." ...
for the complete story
Canadian housing starts maintain uptrend
"Canadian housing starts continued to rise in November, but by a smaller-than-expected 0.7% to an annualized 158,500 units. Expectations had been for starts to rise to 160,000. However, the increase does extend a general upward trend in this indicator from a recent trough in April of 118,500 as builders respond to falling inventories of unsold homes and consumers take advantage of low mortgage rates." ...
for the complete story
Thursday, December 3, 2009
Hotel project decline in Europe, Middle East, and Africa
from Hotels news service (12/3):
EMEA Pipeline Off 21% Since Peak
Hotels, 12/3/2009 8:51:00 AM
"The total EMEA Pipeline continued its decline in Q3 2009, down to 1,396 projects/305,170 rooms. Project counts have fallen 21% from the Q2 2008 peak, and room counts by 18%." ...
for the complete story
EMEA Pipeline Off 21% Since Peak
Hotels, 12/3/2009 8:51:00 AM
"The total EMEA Pipeline continued its decline in Q3 2009, down to 1,396 projects/305,170 rooms. Project counts have fallen 21% from the Q2 2008 peak, and room counts by 18%." ...
for the complete story
Multifaily sector improving
from BNi Building News 12/3:
Multifamily Construction Activity Shows Improvement in Third Quarter
"Like other sectors of the housing market, the multifamily sector showed signs of improvement in the third quarter of 2009, according to data released today by the National Association of Home Builders (NAHB), in its Multifamily Market Index." ...
for the complete story
Multifamily Construction Activity Shows Improvement in Third Quarter
"Like other sectors of the housing market, the multifamily sector showed signs of improvement in the third quarter of 2009, according to data released today by the National Association of Home Builders (NAHB), in its Multifamily Market Index." ...
for the complete story
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