Although their have been some grim predictions for the retail industry in the past, there may be some sunshine on the horizon.  RetailTraffic predicts that "single tenant stand alone buildings" will be the majority of what will help the industry recovery in 2013.  This is positive news for us and for many of our clients.  Below is a link to this article which will provide you with much more information regarding the 2013 retail development predictions.  Let us know on our Facebook page if this was helpful information to you and your company.

RETAIL DEVELOPMENT PICKS UP STEAM, DEFYING LOW EXPECTATIONS

Our Business Development team member, Craig Slaughterbeck, recently attended The Lodging Conference 2012 in Phoenix, AZ.  This was the 18th Annual Lodging Conference, where over 18,000 company executives have attended from all over the world.  This conference is known as a "THINK TANK" where presenters and attendees are able to join in on the conversations so that everyone who is in attendance gets the most out of the conference. A few of the speakers included Andrew Alexander, the President of Red Roof Inns, and Jim Abrahamson, Chief Executive Officer of Interstate Hotels and Resorts.  Below are links to a few of the presentations given at the conference that we hope you and your company find beneficial.  

"What's Ahead for the Economy" by Bernard Baumohl, Chief Global Economist, The Economic Outlook Group

"Statistics, Trends and Projections for 2013 and Beyond" by Tim Hart, Executive Vice President, Business Intelligence, TravelClick

"Statistics, Trends and Projections for 2013 and Beyond" by Vail R. Brown, CMHS, Vice President, Global Business Development & Marketing, STR