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Bric nations to drive global tourism trends
China, India and Brazil are poised to fuel an explosion in international tourism in the coming years, showering money and jobs on countries ready for it, and trouble for those that aren't, industry leaders say.
Thu, May 26, 2011
Las vegas to get 500 ft tall observation wheel
The Skyvue Las Vegas Super Wheel is about to get off the ground. Construction plans for the 500-foot observation wheel, larger than the world-famous London Eye, are being finalized. Site clearing has begun on 11 acres of prime strip property at Las Vegas Boulevard and Mandalay Bay Road.
Thu, May 26, 2011
Ge capital to exit aussie mortgage market
GE Capital (GE.N) is selling its A$5 billion ($5.3 billion) Australia and New Zealand mortgages books to Pepper Homeloans as concerns rise over a softening of the Australian housing market and rising cost of funds.
Thu, May 26, 2011
Hard rock to open first hotel in panama
Marking its 16th property, and its first in Latin America, Hard Rock International today announced that the Hard Rock Hotel Panama Megapolis is expected to open in December 2011.
Thu, May 26, 2011
Brazil property sales to shake off rate rises
Brazil's third largest homebuilder says sales are unlikely to be affected by increased borrowing costs so long as the interest rate is kept below 14%.
Thu, May 26, 2011
Mexican investors pouring money into florida
In one of the iconic buildings of Miami’s Brickell financial district, three young Mexican executives have opened an office to draw investors from their country and other parts of Latin America interested in finding a safe haven for their money.
Thu, May 26, 2011
Canadians happiest in the world with their housing
More than two-thirds of Canadians are satisfied with their lives — which isn't so surprising because Canada ranks near the top of the pack in the quality of life index the Organization for Economic Co-operation and Development released Tuesday.
Thu, May 26, 2011
New air route from skopje to venice for wizz air
Wizz Air, the low fare – low cost airline in Central and Eastern Europe has announced that it is launching a new route from Skopje to Venice Treviso. The first flight will take off on the 20th of September 2011 and will, initially, operate twice a week.
Thu, May 26, 2011
Muscovites spend twice as much as other russians
The conventional wisdom that "Moscow is not Russia" is confirmed by a recent Cushman & Wakefield report on retail facilities and spending around the country.
Thu, May 26, 2011
Luxury not what it was in san francisco...
San Francisco’s luxury home values dropped in the first quarter to their lowest point since the first quarter of 2004, when the region was clawing its way back from the dot-com bust.
Wed, May 25, 2011