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Steve Webb

Desperate Times, Drastic Measures
Equity Office Properties has a simple solution to cope with its earnings slump cut overhead to the bone and lavish new rewards on brokers who fill up
Hotels: Still Too Much Room at the Inn
No other corner of the commercial real estate industry has been victim to as many converging trends as the hotel sector: Corporations are cutting back
Upscale Hotel Brands Headed for Smaller Towns
Can it be that the future of the Westin and Sheraton brands is in places like Normal, Ill.? It might sound unlikely, but Starwood Hotels & Resorts Worldwide
Suburbia is the next frontier for Sheraton and Westin
Starwood Hotels & Resorts Worldwide Inc. has unveiled a strategy to expand its upscale Westin and Sheraton brands into secondary and tertiary markets
Seller Beware
THE BIGGEST HOTEL SALE so far this year Host Marriott Corp.'s $214 million purchase of the Boston Marriott Copley Place in June shows how the negotiating
Making Real Estate Finance More Professional
As the list of financial meltdowns in Corporate America continues to grow, Thomas Wratten thinks the timing is perfect for the commercial real estate
IF ANY PERIOD COULD BE CONSIDERED THE WORST OF TIMES for a company, it would be the fourth quarter of 2001 for Host Marriott Corp. (NYSE: HMT). Like its
PROPERTY MANAGEMENT ASSIGNMENTS ARE GETTING bigger these days, and they're taking on more of an international flavor. Take two of the major deals Chicago-based
NYU Hospitality Conference: Light at the end of the tunnel in 2003
NEW YORK — Executives at New York University’s annual hotel conference held June 2-4 were optimistic that revenues will begin to rebound in 2003. However,
Still On Hold On The Hill
The difficulty of obtaining terrorism insurance is no longer a theoretical problem for the real estate industry. According to The Bond Market Association,
Global hotel stocks regain pre-Sept. 11 luster
After plummeting in the wake of the Sept. 11 terrorist attacks, global hotel stocks have regained most of their value, according to a report by Sydney,
Giuliani lends support to Choice’s annual convention
With former New York mayor Rudy Giuliani on hand to provide added inspiration, Choice Hotels International executives on Thursday outlined aggressive
Inhospitable Environment
Revenues in the hotel sector took a free-fall in 2001, and the effects of the industry slowdown are showing up in the number of delinquent hotel loans.
Real estate industry in Salt Lake City could be a gold-medal winner
The 2002 Winter Olympic Games will provide long-term benefits to the real estate markets in Salt Lake City, according to a report by Chicago-based Jones
Cloudy forecast for Atlanta’s office, industrial markets
Following a dismal performance in 2001, the office and industrial markets in Atlanta are expected to remain weak through at least the first half of 2002.
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