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Today in the news

Boutique segment in growth mode
posted on May 25 18

Boutique and extended-stay hotels are the fastest-growing lodging segments, according to STR. Boutique hotel supply in the United States grew by 7% last year. Read the Hotel News Now story here

Posted by: Mike Pallerino
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Premier Inn speculation fueled by Whitbread’s Costa move
posted on May 25 18

Shareholders and analysts are weighing a range of possible fates for the Premier Inn group now that owner Whitbread Plc has elected to spin off its Costa Coffee chain. A purchase offer for Premier is deemed likely, given the rise in Whitbread’s share price. Read the Bloomberg story here

Posted by: Mike Pallerino
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AGC Report: Construction employment rises
posted on May 25 18

Thirty-eight states and the District of Columbia added construction jobs between April 2017 and April 2018, while 29 states added construction jobs between March and April, according to an analysis by the Associated General Contractors of America of Labor Department data released. Association officials said the employment growth likely would have been higher if firms could find more qualified workers to hire.  (more…)

Posted by: Mike Pallerino
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JE Dunn completes upgrades to interim International Arrivals Building at Nashville Airport
posted on May 25 18

JE Dunn Construction has completed the first project of BNA Vision, a $1 billion expansion for Nashville International Airport (BNA). Enhancements and expansion of the airport’s interim International Arrivals Building (IAB) took center stage recently at a ribbon cutting marking completion of the $8.2 million first project.  (more…)

Posted by: Mike Pallerino
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Puma plans flagship on New York’s 5th Avenue
posted on May 24 18

Germany-based Puma will open a three-story flagship on New York City’s Fifth Avenue that will have the space to showcase a wide range of the sportswear brand’s products, The Wall Street Journal says. Rival brands including Adidas and Nike also have stores in the Fifth Avenue shopping district.

Posted by: Mike Pallerino
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