Spokane Journal of Business

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Washington Business Week program aims to spark student interest

For Washington Business Week and its backers, the key for continued growth of its business and economics programs lies in increasing the number of participating teenagers from Eastern Washington, where it has been lacking over the years, says Hyer....

Post-Katrina New Orleans shows strong visitor gains

New Orleans' tourism industry welcomed 9.01 million visitors in 2012, record numbers not seen by the city in nearly 10 years, and those visitors spent a record $6 billion, a recently released study shows.Total visitor numbers increased by 3 or a...

Traveler spending, hoteliers' profitability expected to rise

Forty-two percent of U.S. travelers who participated in a recent survey said they are planning to increase travel spending this year, and 79 percent of U.S. hoteliers said they are optimistic about increased profits this year.TripAdvisor, which...

Hilton, Marriott, Four Seasons most 'relevant' brands

How do you choose a hotel? By the quality of service? The view? What your friends might think? How about the water pressure in the shower? Don't laugh.Brodeur Partners, a Boston-based communications company, looked into the heart of what really...

Hotel price index reports strong growth

The average price of a hotel room around the world rose by 3 percent during 2012, compared with the previous year, according to the latest Hotels.com Hotel Price Index.The rate of increase has moderated when judged against the 4 percent rise in...

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Growth through partnerships

Spokane plays host to the corporate headquarters of three hospitality companies that all say they are in a growth mode, even if their business models are slightly different.Red Lion Hotels Corp., Magnuson Hotels, and FairBridge Hotels each are a...

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Lincoln Center finds niche with flexible space mix

As the economy slid into a recession five years ago, it was an unnerving time to open a new event center in Spokane, says Richard Heftel, sales manager, marketing director, and co-owner of The Lincoln Center, at 1316 N. Lincoln.Still, The with a...

Loan appraisal requirements set to change

Six federal financial regulatory agencies last month issued a final rule that establishes new appraisal requirements for what are being termed as higher-priced mortgage loans.The rule implements amendments to the Truth in Lending Act made by the...

B of A helps provide more than $2.6 billion in housing

Through its lending, tax-credit equity investments, and real estate development programs, Bank of America Merrill Lynch says it last year provided more than $2.6 billion for community development—commitments that it claims will help create in...

Lenders said not likely to fill student-loan funding gap

Fitch Ratings, of New York, says it expects the gap between rising U.S. college costs and available financing to continue expanding in future years as a result of static federal loan limits and ongoing congressional debate over fiscal spending will...

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