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Surety Hotel named to list of world s top new hotels
businessrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessrecord.com Daily Mail and Mail on Sunday newspapers.
Surety Hotel named to list of world s top new hotels
businessrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessrecord.com Daily Mail and Mail on Sunday newspapers.
Des Moines-area hotel property values fall 30%
âWhen the cash flow goes away, the value goes away,â says one local banker Friday, April 9, 2021 6:00 AM
For over a year, more than half of the Des Moines area’s 13,000 hotel and motel rooms have sat empty, a result of the economic shutdown caused by the pandemic.
The sudden drop of hotel guests caused revenues to plummet and employees to be furloughed or laid off. In March, the Polk County Assessor’s Office released information showing a 30% decline in assessed valuation of the county’s 123 hotel and motel properties, from a total $634.4 million in value in 2020 to $450.7 million in 2021.
At the helm of Clayton is General Manager Aaron Coburn, who brings an impressive track record in the hospitality industry. Thriving in the entrepreneurial mindset of upscale, independent properties, Coburn has held leadership roles at prominent Colorado hotels and resorts for more than 13 years. Prior to his time at Clayton, Coburn served as the general manager at Denver s The ART Hotel. Cultivated at a young age, spending summers working at his father s restaurant in Newport Beach, Coburn, who attended culinary school in Napa Valley, has a passion for food and beverage.
Aparium Hotel Group is a company founded and controlled by experienced professionals in hotel development, management, and marketing who hold the belief that great hotels are a destination sought out by travelers and a favorite place for locals - a philosophy Aparium calls Translocal Hospitality.more information
2020 CRE stories most popular with Business Record readers Wednesday, December 23, 2020 8:00 AM
The Greater Des Moines area was abuzz with activity related to commercial real estate in 2020, from the redevelopment of the Financial Center and opening of the Surety Hotel in what once was known as the Midland Building to an enclosed driving range planned for Copper Creek Golf Course to the purchase by Merle Hay Mall owners of the former Sears property.
Those however, weren’t the10 commercial real estate-related stories that were clicked the most online by Business Record readers.
Those stories, in descending order, were:
10. Construction begins on Zora, new Ingersoll Avenue establishment: The new bar and restaurant at 2120 Ingersoll Ave. is being developed by Ed Allen of Des Moines. He expects the establishment to open in March 2021.
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