Prices for prime residential property in the world's leading city markets rose by only 0.2%.
Mother's Day getaways used to be just a short drive down the road, to a favorite local restaurant.
I have an admission to make. I should have titled this story "My Top Train Rides in the World." It's my column...and these are my (totally subjective) choices! So get your ticket punched, and settle in for a quick train ride around the world...
Hotels in Abu Dhabi reported an 18.3 percent increase in occupancy rates in February compared to a year earlier, the largest gains in the region, according to new data from STR Global. The U.A.E. capital, which is growing as both a business and tourist destination.
Shanghai-based resort owner Naked Retreat plans to invest more than $160 million in new projects as demand grows for eco-themed resorts in China. While Hyatt and other traditional international hotel chains continue to expand in China.
Since 1946, it's transported presidents and kings and potentates through the mountains, deserts, savannahs, and veldts of South Africa. With an elegant ambience reminiscent of a gentler age, it offers a lucky few the chance to take a trip through a time-machine, as well as some of southern Africa's most stunning landscapes.
In an unprecedented move, Johannesburg-based RMB Westport, South Africa's second-largest financial-services company, announced the property unit of its investment banking arm has raised $250 million to develop real estate in West Africa.
Believe it or not, real estate existing real estate in South Africa currently is currently valued at $604 billion in US dollars, according to new research prepared by the Property Sector Charter Co. in Johannesburg. It is the first study of its kind about the size and shape of the country's property industry. In South African currency, the total is R4.9 trillion.
According to according to STR Global, many hotel markets around the world posted positive performance results in June, despite lingering economic concerns. STR Global reports hotels in the Asia/Pacific region experienced positive results in all three key performance metrics for June 2012 when reported in U.S. dollars.
It's hard to argue with figures but Calgary, Alberta, Canada has been ranked as the No. 1 choice in 2011 by international commercial real estate investors. The ranking was made by London-based Investment Property Databank Ltd. The survey excluded China and some other Asian countries. The top 10 best-city locations were all in North America.
(Miami, FL) - This week Miami welcomed the Volvo Ocean Race fleet, a global sailing event, with much fanfare. And as it turns out, Miami has a lot to be thankful for being the only North America stop-over on their global trek. Money. Considered one of the most prestigious sail events in the world with a global following, the 14-day Volvo Ocean Race festival scheduled in downtown Miami's Bicentennial Park will be taking place from May 6th-20th, and will attract more than 200,000 visitors worldwide including tourists, locals and sailing enthusiasts alike.
According to STR Global, South Africa saw revenue per available room (RevPAR) increase by 13.6 percent for the first two months of this year, reaching ZAR542.07. The last four months showed double-digit improvements in occupancy and RevPAR following more muted performances after the country hosted the 2010 FIFA Football World Cup, which were driven by additional supply entering the destination and increasing competition.
According to STR Global, the Middle East/Africa region reported mostly negative performance results during November 2011. The region ended the month with a 4.3-percent decrease in occupancy to 65.8 percent, ...
According to London-based Knight Frank's Prime Global Rental Index, residential markets across the globe enjoyed an uptick in rental rates in the third quarter of 2011.
Our two months in Southern Africa was nearing an end. After Cape Town, the adventure continued on to Southeast Asia for two months and Australia for another two months. We completed our odyssey by touring the South Island of New Zealand by motor home for two weeks and spent 10 days in Fiji before returning to the U.S. at the end of September 2009.
South Africa is extraordinary in ways too numerous to count. Its diversity of people, cultures and animals, and the never-ending, ever-changing landscape, are only a few of the highlights that make it a bucket-list favorite for any serious traveler.