Business Travel Revenue Won’t Reach Pre-COVID Levels Until 2024

Business travel revenue will not likely hit pre-pandemic levels until 2024, with New York City, Washington DC, and San Francisco among the markets with the longest recovery ahead. A new report from the American Hotel & Lodging Association and Kalibri Labs predicts the hotel industry will end this year down more than $59 billion in business travel revenue compared to 2019. The industry lost $49 billion in business travel revenue in 2020.

Basement Conversions, Touted As A Housing Solution, Need To Adapt To Climate Change

Basement dwellings have been eyed as a relief valve for Boston’s housing crisis, but a summer with record rain and fatal storms down the East Coast shows they may come with dangerous risks.

Hard times for hotels

Stayed in a hotel lately? Neither have I. Revenue in the hotel sector is projected to be down $59 billion this year compared with 2019, per a report from the American Hotel & Lodging Association (AHLA) and Kalibri Labs, a hotel data analytics company….

CUSHMAN & WAKEFIELD COMMITS TO INDUSTRY-LEADING SCIENCE BASED TARGETS AND REACHING NET ZERO EMISSIONS ACROSS ITS VALUE CHAIN BY 2050

Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today announced ambitious science-based targets to reduce greenhouse gas (GHG) emissions that are approved by the Science Based Targets initiative (SBTi). In addition, by signing up to the Business Ambition for 1.5ºC campaign, Cushman & Wakefield pledges to reach net zero emissions across its entire value chain by 2050….

Who You’ll Meet at CREtech New York: Brainbox AI

Brainbox AI is proud to be at the forefront of a new era in building automation and a leader in the green building revolution. Located in Montreal, Canada, a global AI hub, our team is comprised of experts in the fields of AI, data science, real estate, HVAC and energy efficiency.

Investing with a Learning Mindset, Part 1

Breton Birkhofer of DivcoWest addresses the most important criteria for him when evaluating a new investment, details the value he places on a founder’s passion and vision, and explains why he believes there has never been a better time to be in PropTech.

Proptech’ reshapes real estate market with digital platform, lower fees’

Remote work is boosting productivity, study finds

The pandemic is changing tech priorities for many companies, according to a new report from independent research firm Omdia. Enterprises rated cybersecurity and hybrid work as the top initiatives at their organizations, with customer experience, business processes, and better empowering frontline workers following close behind.

High Demand For CREtech Consultants From Real Estate Organization’s Embracing Technology

September 17, 2021 — CREtech, the largest intelligence platform devoted to Reimagining Real Estate, announced that it’s CREtech Consulting Practice is experiencing high demand as the need for rapid technological innovation has never been greater in the real estate industry. CREtech Consulting’s world-class network of real estate technology experts are among the most accomplished, knowledgeable and sought-after professionals and advisors in the industry. CREtech’s consultants work closely with c…

Italian tourist destination to become smart city prototype

Integral to the Taormina City tech project, led by start-up T.net, is 5Ghz wireless networking that will help create an IoT network and a vehicle-to-everything a corridor.