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downturn
News

Investors Are Ready On The Sidelines As Hunt For Distressed Assets Gears Up

... is that for a property to go from performing to distressed is often a multi-month ... recovery would need to be exceptionally robust just to fill all those rooms again. "The ... even those looking for deals, tend to go with what they know, especially in uncertain ...

Jun 04, 2020
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The Westin Washington D.C. City Center
News

D.C. Hotels Experience 'Rough' First Quarter Slowed By Government Shutdown

... .4% increase in the total supply of hotel rooms.  "The [D.C.] market in the first ... in Orlando, there's not really a reason to go to Orlando," Freitag said. "Those museums are a huge ... first month of the year, half of the rooms in the D.C. area were empty, ...

Apr 25, 2019
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Governor Jared Polis
News

Stay-At-Homes And Ski Resorts: Talking Reopening With Colorado Gov. Jared Polis

... open as of May 1, restaurant dining rooms opened on Wednesday and Colorado’s many ... I think they're slowly going to be returning to that work in June. They are ... really want to go out to a restaurant, you're welcome to. They’re open in Colorado to groups of ...

May 27, 2020
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Hoffman Madison Wharf The Wharf Phase 2 Washington
News

In The Works: Top 3 Developments In Southwest D.C.

... will include an expansion of the development’s office assets to go along with the offices, hotels, residences and entertainment venues ... space, according to The Wharf’s website.  The next two buildings will include 235 apartments, 131 hotel rooms and 96 ...

Feb 17, 2020
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Without Broadway, Hope For A 2020 NYC Tourism Rebound Fades Away
News

Without Broadway, Hope For A 2020 NYC Tourism Rebound Fades Away

... far the city, ravaged by the coronavirus, has to go before getting back to normal. It also shows just how uncertain its future ... area that rely heavily on tourists to fill their rooms, the announcement came as a blow to an industry already in a dire ...

Jul 06, 2020
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BP Westlake 1 First Floor Lobby Renovations
News

2 Years After Harvey, BP Reopens Flooded Campus With Major Improvements

... . They decided they should take a step back and go back to the drawing board.”  Westlake 1 is the centerpiece of ... dining area into a large meeting space to use throughout the day. Updated conference rooms with more individual meeting spaces and two ...

Oct 31, 2019
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Building Against The Clock At Medical Clinics For SoCal’s Most Vulnerable Residents
News

Building Against The Clock At Medical Clinics For SoCal’s Most Vulnerable Residents

... clinics that provide free medical care to some of Southern California’s most ... will consist of around six medical treatment rooms, a dental facility with five chairs ... said he does not expect the city to go any further toward slowing construction. And ...

Apr 14, 2020
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hks
News

Open Office Concept Isn't Dead, But Does Require A Lot Of Care And Attention

... way of working, and were comfortable saying, ‘I’m going to go sit on the terrace, and clear my head so I ... . In addition, the office will get even more private meeting rooms, eventually having around 150 on its two floors. A lot ...

Feb 26, 2020
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How IoT Is Making Working Late A Little Less Lonely
News

How IoT Is Making Working Late A Little Less Lonely

... building can enable certain lights to stay on until after the employee has left to go home and then switch them ... of office buildings, IoT sensors promise to help employees reserve meeting rooms and connect to technology and will even alert janitorial staff ...

Dec 10, 2018
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Washington D.C.
News

‘It’s A Complete Bloodbath’: D.C. Hotel Industry Suffers Unprecedented Damage

... several years, Penny said, with developers adding thousands of new rooms to the market. This supply surge had caused the market ... his staff. He said he is letting many hourly employees go and having salaried staff, such as general managers, work shifts ...

Mar 23, 2020
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