The WPJ

Amsterdam

Despite Geopolitical Uncertainty, European Hotel Values Rise

According to HVS' annual Hotel Valuation Index (HVI), hotel values in Europe saw a consistent 2.0% increase in 2024, driven by lower interest rates, modest RevPAR growth, and sustained demand for European travel from international visitors.

Seattle, Orlando and New York Top Labor Day Destinations in 2024

Based on AAA booking data, Seattle is the top destination for Labor Day weekend, showing an increase of nearly 30% from last year when it also ranked first.

Global Edge Data Center Market to Hit $300 Billion by 2026

Real estate consulting firm JLL predicts a significant increase in data-dependent technologies like the Internet of Things (IoT) and generative artificial intelligence (AI) will drive the need for robust IT infrastructure, particularly in the form of edge data centers.

AI Driving Significant Global Data Center Growth in 2024

A new report from CBRE reveals that ongoing power shortages are creating opportunities for development in emerging global data center markets and driving up rents in established markets worldwide.

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