Hotel Investment Activity in Canada Witnesses Significant Decline According to Colliers International Hotels Annual … (Hospitality Net)
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The global credit crunch and the recession that followed have hit the Canadian hotel real estate sector, which experienced a 77 per cent decline in investment activity, falling to $1.1 billion over the past year, according to Colliers International Hotels 2009 Canadian Hotel Investment Report released today. The report also found the average price per room fell by 25 per cent to $116,500 in …
Kansai Electric to Increase Investment, Add Solar (Update2) (Bloomberg)
March 26 (Bloomberg) — Kansai Electric Power Co. , Japans second-largest generator, will increase capital investment, spending more on building solar power plants and new generators that emit less carbon dioxide.
