2022 Hospitality Industry Statistics, Outlook, And Trends
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How High-Tech Applications Are Replacing Traditional Real Estate Practices
Technology offers a bright future to the real estate industry, especially for both selling and leasing activities. However, it is believed that high-tech platforms and applications would replace brokerage staff or traditional agencies. Let’s look at its advantages and disadvantages, then draw your own conclusions whether the replacement will be possible or not.
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Why Suburban Office Is More Attractive Than Ever
The 1st quarter of 2021 sees a significant recovery of the U.S. Commercial Real Estate (CRE) Market in every sector compared to the same time of last year. The increase in suburban prices contributes to the robust gain in U.S. commercial property prices in March 2021.
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Travel Update
Before the pandemic, there was an estimated number of 2 million people traveling per day. In April, there was a sufficient decreased to only 100,000 people traveling per day. However, we have since seen a slow growth in travel - doubling to 200,000 travelers per day within the last 6 weeks.
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