Limited inventory and growing demand driving California’s luxury real estate market

Luxury home values increased in San Francisco, Los Angeles and San Diego in the second quarter of 2013 compared to a year ago, according to the First Republic Prestige Home Index by First Republic Bank. In the second quarter of 2013, the Index indicated the following: San Francisco Bay Area values climbed 10.9% from the … Read more

A man-made wonder of the world project to be build in Australia

A $4.2 billion mega-resort and casino to be build in Cairns, Australia.  A bold plan to build a $4.2 billion mega-resort and casino in Cairns, a regional city in the far north of Queensland, Australia, has green light from the Australian government. The Aquis Resort casino project proposed for Cairns by Tony Fung, a Chinese … Read more

Israel to have the first global luxury branded hotel in the country

Ritz-Carlton luxury hospitality chain to open first luxury hotel in Israel. The Ritz-Carlton luxury hospitality chain will bring its legendary service standards to Israel by opening its first luxury hotel in Herzliya, an affluent town north of Tel Aviv. The Ritz-Carlton Hotel Company has confirmed their first hotel in Israel will officially open its doors in … Read more

First Hyatt property opened in Northeast China

353-room hotel opens as first Hyatt property in Northeast China.    Luxury hospitality chains expand the presence in China. The latest to provide a new level of upscale sophistication to business and leisure travelers in Northeast China is Hyatt Hotels Corporation. The company announced the opening of Grand Hyatt Shenyang, the first Hyatt-branded hotel in … Read more

Shanghai Tower, tallest building in China, completes historical sustainable ascension

Shanghai rising: 43 sustainable technologies for Shanghai Tower construction.  Shanghai’s Lujiazui, China’s first super-tall district, is home to the tallest building in China. The last beam was placed atop the 632-meter (2,073-foot) building designed by global design and architecture specialist Gensler. Shanghai Tower, the 2nd tallest building in the world, is a beacon of sustainable … Read more

Luxury Collection Hotel debuts in Ukraine with Hotel Bristol Odessa

Starwood debuts in Ukraine with Hotel Bristol, a Luxury Collection Hotel, Odessa.    Luxury hospitality chain Starwood hopes to play a leading role in Odessa and Ukrainian’s luxury market segment with the opening of Hotel Bristol, a Luxury Collection Hotel, Odessa. Odessa is the fifth largest city in Ukraine and is renowned for its seaport … Read more