Recovery Leading to Brighter Future for Industry; All Suite Concept, Computers Are Major Innovations

Article Abstract:

The hospitality market is studied in depth. It has just recovered from a long recession. Financing is available for well designed and well located projects. Of major interest are the conference center and the all suite hotel. The computer is proving to be a vital tool for usage in management and services. It has limitless applications from accounting to reservations. Throughout 1983, occupancy rates have been climbing steadily. Hotel syndications are being increasingly used as an alternate form of financing. Industry-wide projects are reviewed.

Computers, Laws, regulations and rules, Digital computers, Economic development, Hotels and motels, Finance

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Death of downtowns greatly exaggerated

Article Abstract:

Office spaces and buildings in downtown areas have experienced an increase in vacancies, prompting real estate industry analysts to forecast that offices will be increasingly located in the suburbs. However, statistics on downtown vacancies reflect the continued construction in downtown areas even during the recession. Meanwhile, some cities, particularly those in the Mideast states, have already reported an increase in absorption after 1993.

Economic aspects, Real estate, Offices, Real property, Central business districts

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