Author Archives: editor

Atlanta: New Developments

Fort McPherson Redevelopment: Named after General James Birdseye McPherson, this fort was founded in 1885 by the US Army and has been in use by the military since 1835 as a Confederate base during the Civil War.  It was also used as a detention center in World War I for German prisoners of war. [...]
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Happy New Year China! 2012 – Year of the Dragon

Year of the Rabbit hops out of the way on Chinese New Year You might have already celebrated the new year three weeks ago, but if you are Chinese or from one of many countries in Southeast Asia you will celebrate this weekend. Sunday is New Year’s Eve, when the year of the rabbit ends and the [...]
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ATLANTA – While many hoteliers are feeling angst and uncertainty caused by intimidating macroeconomic conditions, PKF Hospitality Research (PKF-HR) is assertively forecasting the continued recovery of the U.S. lodging industry. How well you do in 2012, however, will vary depending upon the price of your room and where you are located. According to the recently released [...]
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SkyMall, logistical powerhouse

SkyMall is a multi-channel, direct marketer offering high-quality, innovative merchandise from top direct marketers and manufacturers through its SkyMall catalog and web site, skymall.com. The SkyMall catalog is seen by approximately 88% of all domestic air passengers reaching more than 650 million air travelers annually. SkyMall also offers turn-key merchandise and fulfillment solutions for loyalty [...]
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What is Dragon Mart? Largest Chinese Manufacturer’s Marketplace in Dubai, UAE

DragonMart is located in Dubai International City, UAE and is one of 12 malls in Dubai.  It is a specialized gateway for the supply of Chinese products in the Middle Eastern and North African Markets.  It offers Chinese manufacturers a unique platform from which to cater to the needs of this sizeable market and is [...]
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Investing in Developing Countries Adjacent of China (IDCAC): Vietnam, India, Pakistan

Pakistan points and facts: Reducing minimum foreign equity threshold from US$ 0.5 million to US$ 0.3 million. Remittance of royalty, technology and franchise fee allowed to projects in social, service, infrastructure, agriculture and international chains food franchise. Zero import duties on capital goods, plant and machinery and equipment not manufactured locally. CBR can supply a list of locally [...]
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Investing in Developing Countries Adjacent of China (IDCAC): Vietnam, India, Pakistan

Vietnam Headlines: “Vietnam may be the fastest growing of emerging economies by 2025, with a potential growth rate of almost 10% per annum in real dollar terms that could push it up to around 70% of the size of the UK economy by 2050.”  (Wikipedia) “…Exports during the January-March period will likely reach $18.8 billion, a 29.7% increase [...]
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Offshore Investment Accounts: Seychelles, Belize, or Cyprus?

Cyprus: World Heritage Site as archaeological remains from 10th millennium BC, third largest island in the Mediterranean Sea with High Development Index.   Is split between Greeks and Turks,  with about 800K in Greek side and 280K on Turk northern side.  Very beautiful Beaches and is up n coming in offshore investments and bank accounts. Cyprus: [...]
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Offshore Investment Accounts: Seychelles, Belize, or Cyprus?

Belize: Noted American writer Bruce Barcott describes Belize thus: “Belize is a tiny nation tucked between Guatemala, Mexico, and the Caribbean Sea. It is firmly attached to Central America but considers itself a Caribbean island. For more than a hundred years Belize was known as British Honduras, one of the most remote outposts of the [...]
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Offshore Investment Accounts: Seychelles, Belize, or Cyprus?

Offshore investment is the keeping of money in a jurisdiction other than one’s country of residence. Offshore jurisdictions are a commonly accepted solution to reducing tax burdens levied in most countries to both large and small scale investors alike. Poorly regulated offshore domiciles have served historically as havens for tax evasion, money laundering, or to conceal or [...]
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EB-5 Bridge for Owner’s Equity in Hotel Projects

The U.S Immigration Department has Proposed Significant Updates to EB-5 Visa Processing:  Congress created the EB-5 Immigrant Investor Program in 1990 to create jobs and spur investment in the United States.  The EB-5 program is available to prospective immigrants who invest in a new commercial enterprise that will create at least 10 full-time jobs in the United States. [...]
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Fitch: Rate Of US CMBS In Special Servicing Declining

The rate of U.S. commercial mortgage-backed securities loans being transferred to so-called special servicing continues to decline, Fitch Ratings said, a sign of improving quality in debt backed by offices, shopping centers and apartments.  Loans that were packaged into CMBS are transferred to the control of special servicers when they show certain signs of distress. [...]
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Awesome Hotels Around the World (AHAW: 2011) Conde Naste

The Savoy fuses two distinct eras of its flamboyant history, the Edwardian and the Art Deco—think Gilbert and Sullivan operas with Noël Coward cabaret. The Fairmont chain spent three years and nearly $355 million rehabilitating what had become a tired (but still loved) fossil. With the exquisite period detailing, from the Edwardian front hall to [...]
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Top ten hotel openings in the Middle East 2010 (#1)

Armani Hotel Dubai - Little surprise at this hotel’s entry into the Top 10 Hotel openings of 2010. There were skeptics who claimed this was a ‘fluff’ opening, but the noise surrounding the arrival of the world’s first Armani hotel couldn’t be ignored. All eyes were on Dubai for the right reasons and quite a [...]
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Top ten hotel openings in the Middle East 2010 (#2)

Raffles Makkah Palace – Once in a while a project comes along that really captures the imagination and Raffles Makkah Palace is one of them. The hotel is situated in the very heart of Makkah and is part of the Mecca Royal Clock Tower development. Occupying 15 floors of the 32-story tower and containing 211 [...]
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Top ten hotel openings in the Middle East 2010 (#3)

easyHotel Jebel Ali – Marking the entry of the easyHotel brand to the Middle East, this property is located inside the Jebel Ali Free Zone Authority (JAFZA) secure compound with access from Sheikh Zayed Road. It symbolises the trend of budget properties opening in the emirate of Dubai as the city, known for its love [...]
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Top ten hotel openings in the Middle East 2010 (#4)

Ritz-Carlton DIFC – The development of Ritz-Carlton, Dubai International Financial Centre has been one of those stories that won’t go away. After months of rumours of potential sales, possible buyers and various sums of money, Union Properties agreed to sell the Ritz-Carlton hotel development for less than the asking price of AED1.5bn (US $410m). But [...]
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Top ten hotel openings in the Middle East 2010 (#5)

One&Only The Palm – blends Moorish and Andalusian architecture with contemporary interiors, which makes for a superb hotel in a high-profile location. Consisting of 90 keys, the stylish guest rooms are secluded in a residential environment within the tri-level Manor House, as well as in six low-rise Mansions and four private Beach Villas. The resort’s [...]
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Top ten hotel openings in the Middle East 2010 (#6)

Ibn Battuta Gate’s iconic entrance certainly creates an impression on those entering and leaving the west of Dubai. Swiss-operator Movenpick Hotels & Resorts runs the Seven Tides-owned property. It remains to be seen whether those residing in Jumeirah Lake Towers, Dubai Marina and JBR will make the short Metro hop to partake in the hotel’s [...]
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Top ten hotel openings in the Middle East 2010 (#7)

Four Seasons Beirut – The opening of the Four Seasons Hotel Beirut in January this year marked the end of a longwinded construction process that was continuously disrupted by a variety of political turmoil, civil unrest and the short but destructive war with Israel during 2006. It was an opening that highlighted the positivity within [...]
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