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Today in the news

Green Growth Brands plans more mall-based CBD stores
posted on Jun 19 19

Green Growth Brands has teamed with Brookfield Properties to open stores selling CBD-infused products at more than 70 Brookfield malls in 2019. Earlier this year the Ohio-based cannabis company announced plans to open 108 stores in malls owned by Simon Property Group. Read the CNBC story here

Posted by: Mike Pallerino
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Francesca’s to shutter 30 or more stores in turnaround effort
posted on Jun 19 19

Francesca’s plans to close at least 30 stores this year as sales plunged 13 percent during its first quarter. Read the San Antonio Express-News story here

Posted by: Mike Pallerino
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Millennials choose hotels over vacation rentals, survey says
posted on Jun 19 19

Millennials are more likely to choose a hotel or resort over services such as Airbnb or VRBO, saying they’re worth the added cost, according to a new survey of millennials in the Southwest. Nearly 40% of respondents believe Airbnb is “a cheaper, preferred option,” yet less than 30% actually use the service. Read The Business Journals story here

Posted by: Mike Pallerino
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Rendering: 360-degree infinity pool coming atop hotel skyscraper
posted on Jun 19 19

A planned London skyscraper is being designed from the top down, and the entire roof will be a 360-degree infinity pool with unobstructed views on all four sides — as well as below. Compass Pools will craft the 158,503-gallon pool out of cast acrylic, and “a rotating spiral staircase, much like a submarine’s door, will arise from the floor of the pool” for entry and exit by guests of the hotel that will take up the top five floors of the 55-story structure. Read the Mashable story here

Posted by: Mike Pallerino
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Hilton vows to move full speed ahead
posted on Jun 18 19

There’s no looking back for Hilton as it celebrates its centennial, executives said in a recent interview highlighted by new brands Signia Hilton and Motto by Hilton and global expansion. Key growth areas are Latin America, the Caribbean and China, despite tariff challenges. Read the Hotel News Now story here

Posted by: Mike Pallerino
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