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COLLEGEVILLE — As restaurant sales have nosedived during the past year, one local eatery found a way to not only survive but to nourish its charitable side. ....
Berg Hospitality is uniting with Ancorian to bring two new restaurants to W. 11th in the Heights. Owner and founder Benjamin Berg is teaming up with the Houston-based Ancorian, a regional investment and development company, to open Trattoria Sofia, an Italian restaurant at 911 W. 11th in the space formerly occupied by Presidio, which closed in October 2018. Berg is completely remodeling the existing 2,500 square feet with all-new interiors, lighting and furnishings. The restaurateur is also adding an outdoor patio and bar with landscaping meant to evoke a feeling of a lost garden. Named after his firstborn daughter, Trattoria Sofia is slated to open in May 2021. ....
MIAMI, FL – TSG, a South Florida boutique, diversified real estate development and investment company, and Lineaire Group, a Miami-based real estate investment and development firm focused on urban infill projects – announced today a partnership with Bridge Investment Group to develop Wynwood Haus, a multifamily opportunity zone project in Miami’s booming Wynwood submarket. Bridge Investment Group, a leading, privately-held real estate investment and property management firm with more than $25 billion in assets under management, is one of the largest opportunity zone funds in the nation. Bringing a unique breadth of skills ranging from local market expertise to sophisticated investment analysis, these three firms have partnered to holistically position Wynwood Haus as a leader in the Wynwood submarket. ....
STR DataShifts in Demand Mix Help Higher-End Hotels Maintain RateThe easy explanation might be that hoteliers with luxury and upper-upscale hotels learned the lesson that dropping rates doesn t necessarily speed up recovery. However, the data suggests other factors were at play. When It Comes to the Pandemic, Hotel Executives Agree They Were WrongThe moderator said he would be kind by not naming names, but one year into the pandemic, an online panel of leaders in the hotel industry all had to admit one thing: No one realize. One Year Later, Hoteliers Expect Elevated Disinfecting Efforts To Stick AroundAt the onset of the COVID-19 pandemic, hotel brands rolled out elevated protocols for disinfecting public spaces and guestrooms. Now, a year later, most of these guidelines are still in place and will remain long term. ....