The Upcoming Trend Of Revenge-Spending in 2021
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A Cost-Saving And Infinite Storage AI-Powered Application
In the construction field, every project requires daily on-site updates so that the management team can track the progress, compare to its timelines, and recognize the irregularities. This condition, traditionally, requires an unavoidable expense of hiring and maintaining the on-site updates workforce; however, the updates are only available weekly or monthly. With the growth of artificial intelligence, various notable construction AI programs are born to optimize management costs with daily updates.
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US Hotel Update
Metropolitan and Suburban Markets. As we all know, the Hotel industry was hit the hardest with the pandemic. The full impact in the hotel industry took hold in April with 70% year-over-year drop in demand before rebounding slighty to close Q2 down by 60%. Supply growth fell to 1.3% from 1.5% in Q1. These numbers are provided by CBRE.
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The Rise Of Prefabricated House
Amid the rise of construction costs and housing shortage, the tiny and prefabricated house has returned and became a potential alternative building with cost and time savings. Before diving into its development and the possibility of solving the affordability issue, let’s look at its development history.
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