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Hiten Patel, VP of development & construction, takes us inside the continued grow of the Vision Hospitality brand

Today in the news

Smaller to get better for Yotel
posted on Feb 12 16

Management contracts with developers seeking to maximize space will maintain Yotel‘s growth. The London-based chain offers smaller-than-average rooms, called cabins, for price-conscious, tech-oriented guests. It plans to have 50 properties open or under construction by the end of the decade. Read the HotelNewsNow.com story here

Posted by: Mike Pallerino
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Survey: Quest for experiences to change the face of US shopping centers
posted on Feb 12 16

“Rental retail” models and the quest for experiences are trends likely to drive changes at stores and shopping centers in the coming years, a survey from shopping center developer Westfield Group has found. Read the NorthJersey.com story here

Posted by: Mike Pallerino
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Sears to close unprofitable stores sooner than expected
posted on Feb 11 16

Sears expects to accelerate the closing of unprofitable stores, including but not limited to roughly 50 stores, after a disappointing holiday season that saw same-store sales declines of 6.9% at namesake stores and 7.2% at Kmart stores. Read the The New York Times/The Associated Press story here

Posted by: Mike Pallerino
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Class A shopping centers doing well
posted on Feb 11 16

Luxury, Class A shopping centers continue to do well. The company changed the orientation of its planned Miami enclosed shopping center to street retail, a decision executives says was made because of the cost and “overall competitive context.” See the CNBC video here

Posted by: Mike Pallerino
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Pivot division takes Davidson into lifestyle arena
posted on Feb 10 16

Davidson Hotels & Resorts calls its new Pivot lifestyle division an opportunity to give creativity free play in individual properties. The division was launched with properties in San Francisco; Coral Gables, Fla., and Eugene, Ore. Read the HotelNewsNow.com story here

Posted by: Mike Pallerino
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