Hotel executives are surveying vacant office and residential buildings in prime locations from the U.S. to China to drive supply growth as financing...
NEW YORK - Hotel executives are surveying vacant office and residential buildings in prime locations from the U.S. to China to drive supply growth as financing challenges for new construction hinder efforts to maximize buoyant demand.
"We have to look at different ways to repurpose existing assets," said UK-based IHG Hotels & Resorts CEO Elie Maalouf. A similar trend is playing out in China but with residential buildings as the country grapples with a property crisis. CALGARY — WestJet Airlines has replaced its basic ticket tier with a new fare category that does away with a free carry-on bag and other perks travellers once took for granted.
Vacant Office Office Buildings Hotel Supply Hotel Executives China Hilton Worldwide Commercial Assets Hotel Supply Growth Prime Locations
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Seven Hours in Geneva Hotel Highlight US-China Struggle on AIFor seven hours at a Geneva hotel earlier this month, top US and Chinese officials locked into talks on collectively managing their biggest fears around artificial intelligence — while keeping up a cutthroat competition to dominate technology that promises to reshape the global economy.
Read more »
US-China, wars, and South China Sea likely to dominate Asian security meetingExplore stories from Atlantic Canada.
Read more »
US-China, wars, and South China Sea likely to dominate Asian security meetingExplore stories from Atlantic Canada.
Read more »
China to Spend $828 Million on High-Tech EV Batteries, China Daily SaysChina is set to invest about 6 billion yuan ($828 million) to boost the development of a more powerful and advanced type of electric vehicle battery technology, China Daily reported.
Read more »
House Canada-China Committee looking to interrogate officials and parliamentarians who visited ChinaThe Hill Times
Read more »
Analysis-As US hikes China tariffs, imports soar from China-reliant VietnamAs the United States intensifies efforts to reduce trade with China by hiking tariffs, it has greatly boosted imports from Vietnam, which relies on Chinese...
Read more »