• Ikea is closing its only U.S. factory

    3 monthes ago - By Fast Company

    300 people will lose their jobs by the end of the year, when the Virginia plant officially closes.
    This week, Ikea announced that it will be cutting 300 jobs by closing its only U.S. manufacturing hub. The facility is located in Danville, Virginia, and has been operating since 2008.
    Read more ...

     

  • MGM's exclusive Mansion celebrates 20 years

    3 monthes ago - By Review Journal

    One of the most exclusive hotels in the United States, The Mansion was inspired by an 18th-century villa in the Florence countryside.
    Read more ...

     

  • Hotels: Occupancy Rate Increased Year-over-year

    Hotels: Occupancy Rate Increased Year-over-year

    3 monthes ago - By Calculated Risk

    From HotelNewsNow.com: STR: US hotel results for week ending 6 July
    The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 30 June through 6 July 2019, according to data from STR.
    In comparison with the week of 1-7 July 2018, the industry recorded the following:
    • Occupancy: +2.6% to 65.3%
    • Average daily rate : +2.6% to US$127.31
    • Revenue per available room : +5.2% to US$83.18 emphasis added The following graph shows the seasonal pattern for the hotel occupancy rate using the four week average.
    Read more ...