Author Archives: Mike Pallerino

IHG kicks off international Voco brand in 3 US cities

InterContinental Hotels Group will unveil its new lifestyle Voco brand in Florida, Missouri and New York. Plans call for opening 28 hotels in 19 countries over the coming five years. Read the Seeking Alpha story here

Posted in News |
Walmart aims to boost renewable energy access

Walmart is working with Schneider Electric‘s Energy & Sustainability Services on a program to bolster access to renewable energy for suppliers under Walmart’s plan to scale back carbon emissions. The Gigaton PPA Program will now also include power purchase agreements …

Posted in News |
California allots $76.5M for motel, apartment buys for poor

Seven California local government bodies will receive a total of $76.5 million to acquire and convert motels and empty apartment buildings to housing for the homeless. A budget of $600 million is available under Project Homekey, an outgrowth of Project …

Posted in News |
Florida’s Mondrian South Beach sports $20M makeover

When America went under lockdown in March, Mondrian South Beach seized the opportunity to revamp the lifestyle hotel, from the rooms to the restaurants. Mondrian will debut its new look when it welcomes guests back November 16. Read the Forbes …

Posted in News |
Conversation with…Bobby Darnell, CMC

The founder of CMC (Construction Market Consultants Inc.) talks guitars, why the morning is the best time to get things done and why he wished he would learn more about how to fix things around the house from his dad.

Posted in CCR e-Digest, Newsletter |
Wegmans plans rapid 4-store expansion in NC

Wegmans, which opened its first store in North Carolina in Raleigh in 2019 and recently added a second site in the West Cary neighborhood, is planning to debut at least four more locations in the state. The grocer will open …

Posted in News |
Proposed hotel would adjoin NJ’s Liberty State Park

An unassuming road tucked between Liberty State Park and a neighboring private golf course is being eyed for an eight-story hotel and conference center. Read The Jersey Journal story here

Posted in News |
Walmart plans more health clinics in Florida, Georgia

Walmart disclosed plans to open “Walmart Health” centers in the Tampa and Orlando, Florida markets and additional locations in Georgia that feature an array of primary medical services, dental care, and behavioral health services as part of a new model …

Posted in News |
AGC survey: Construction employment declined between Aug. ’19 and Aug. ’20

Thirty nine states lost construction jobs between August 2019 and August 2020 while 31 states and the District of Columbia added construction jobs between July and August according to a new analysis of Labor Department data released by the Associated …

Posted in News |
Village Inn parent exits bankruptcy, spins off baked goods unit

American Blue Ribbon Holdings LLC, which filed for Chapter 11 bankruptcy protection in January, has emerged from the debt reorganization as two separate companies. One of those companies VIBSQ Holdings LLC, will operate and franchise the restaurants—21 company-owned and 118 …

Posted in News |
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