Author: LucindaMacdowel

French Hotel Turns Away Royal Family 0

French Hotel Turns Away Royal Family

By Jordi Lippe-McGraw March 11, 2016 VIP status couldn t help Prince William, Kate Middleton, and Prince Harry score a room at this five-star hotel. Being a member of the royal family 1 comes with some pretty good perks including the ability to stay at some of the nicest places in the world. But a notable title couldn t help Prince William, Kate Middleton, or Prince Harry score a hotel room at Le H tel Marotte 2 in Amiens, France, this June.

The manager of the property, Olivier Walti, told local paper Courrier Picard 3 that the French Foreign Ministry contacted them in January about booking suites for the famous threesome s trip to the area this summer, but couldn t accommodate them despite the six-month notice. The Foreign Ministry has contacted us in January to see if we were able to accommodate the royal family on the occasion of the Somme commemorations, said Walti. We had to decline the offer.

It is impossible. We are already booked solid. We would not tell people who have booked with us for months and who have already paid for their stay, sorry, but the royal family is coming, we will have to cancel.

It s just unthinkable ethically. The Duke and Duchess of Cambridge, Prince Harry, and other dignitaries are scheduled to be in Somme from June 30 and July 1 to commemorate those who died in the 1916 battle. This is an important commemoration and they are honored to be taking part on behalf of The Queen and the Government, a spokesman from Kensington Palace 4 said.

The five-star property would have been ideal for the royal trio s stay, as it s the only luxury property situated close to the battlefields, features contemporary furnishings, a security gate, and houses a lounge, coffee shop and tea room all for about $300 a night.

Could an Airbnb 5 be in the royals future?

References ^ royal family (www.travelandleisure.com) ^ Le H tel Marotte (www.hotel-marotte.com) ^ Courrier Picard (www.courrier-picard.fr) ^ Kensington Palace (www.travelandleisure.com) ^ Airbnb (www.travelandleisure.com)

Federal Reserve Blinks, Holding Key Rate Flat; Investors to Enjoy a … 0

Federal Reserve Blinks, Holding Key Rate Flat; Investors to Enjoy a …

September 17, 2015 After weeks of speculation punctuated by a bout of volatility in global equity markets, the Federal Reserve opted Thursday to maintain its benchmark lending rate at or near zero percent. While acknowledging that the U.S. labor market continues to improve, the central bank also heeded softer conditions in foreign economies in reaching its decision to defer the first hike in the Federal Funds rate in approximately nine years.

Fed Chair Janet Yellen and voting members of the policy committee will proceed cautiously, monitoring for contagion risks from other countries that could adversely affect U.S. economic performance. The Fed s next opportunity to take up the rate hike question comes at its meeting next month, but it may wait until December to act.

Until the next meeting, the Fed will scrutinize incoming data on economic momentum, inflation trends and international volatility. Mortgage spreads widened during the summer in anticipation of a rate increase, and little appreciable effect on spreads is likely to occur in the near term. The central bank s decision to hold will likely spark a new round of questions about the strength of the U.S.

economy in spite of relatively strong underlying fundamentals. Through August, the labor market had added an average of 212,000 jobs per month, an amount less than the pace set in 2014 but sufficient to support a forecast of 2.7 million positions this year. Factors weighing on the U.S.

economy, however, include soft exports stemming from the strong U.S. dollar and anemic inflation principally related to low gas prices. Core inflation, which strips out volatile food and energy, rose only 1.8 percent year over year, below the Fed s target threshold of 2.0 percent.

Commercial property sectors continue to perform well amid this extended period of low interest rates and the Federal Reserve s decision will not disrupt property performance. With job growth generating new commercial space demand that dramatically outpaces construction levels, vacancy in the primary property segments remains on track to decline this year and support additional rent gains. Apartment construction has ramped up, but favorable demographic trends and challenging conditions for first-time homebuyers will continue to sustain extremely low vacancy in the multifamily sector.

Low interest rates, steady performance gains and competitive yields are supporting investment in a wide array of commercial properties. Transactions in 2015 are on course to exceed pre-recession peak levels, and most property sectors continue to see inflows of equity and disciplined underwriting by debt providers. With positive economic trends lifting gauges of property performance, commercial real estate remains a favored asset class on a risk-adjusted basis.

The Research Brief blog 1 from Marcus & Millichap 2 offers timely insight and expertise into the rapidly changing investment real estate industry. The Research Brief 3 is published by top industry professionals, showcasing time-sensitive information and valuable analysis. Add the Research Brief blog 4 to your reading list today.

The information contained herein was obtained from sources deemed reliable. Every effort was made to obtain complete and accurate information; however, no representation, warranty or guarantee to the accuracy, express or implied, is made. September 17, 2015 After weeks of speculation punctuated by a bout of volatility in global equity markets, the Federal Reserve opted Thursday to maintain its benchmark lending rate at or near zero percent.

While acknowledging that the U.S. labor market continues to improve, the central bank also heeded softer conditions in foreign economies in reaching its decision to defer the first hike in the Federal Funds rate in approximately nine years. Fed Chair Janet Yellen and voting members of the policy committee will proceed cautiously, monitoring for contagion risks from other countries that could adversely affect U.S.

economic performance. The Fed s next opportunity to take up the rate hike question comes at its meeting next month, but it may wait until December to act. Until the next meeting, the Fed will scrutinize incoming data on economic momentum, inflation trends and international volatility.

Mortgage spreads widened during the summer in anticipation of a rate increase, and little appreciable effect on spreads is likely to occur in the near term. The central bank s decision to hold will likely spark a new round of questions about the strength of the U.S. economy in spite of relatively strong underlying fundamentals.

Through August, the labor market had added an average of 212,000 jobs per month, an amount less than the pace set in 2014 but sufficient to support a forecast of 2.7 million positions this year. Factors weighing on the U.S. economy, however, include soft exports stemming from the strong U.S.

dollar and anemic inflation principally related to low gas prices. Core inflation, which strips out volatile food and energy, rose only 1.8 percent year over year, below the Fed s target threshold of 2.0 percent. Commercial property sectors continue to perform well amid this extended period of low interest rates and the Federal Reserve s decision will not disrupt property performance.

With job growth generating new commercial space demand that dramatically outpaces construction levels, vacancy in the primary property segments remains on track to decline this year and support additional rent gains. Apartment construction has ramped up, but favorable demographic trends and challenging conditions for first-time homebuyers will continue to sustain extremely low vacancy in the multifamily sector. Low interest rates, steady performance gains and competitive yields are supporting investment in a wide array of commercial properties.

Transactions in 2015 are on course to exceed pre-recession peak levels, and most property sectors continue to see inflows of equity and disciplined underwriting by debt providers. With positive economic trends lifting gauges of property performance, commercial real estate remains a favored asset class on a risk-adjusted basis. The Research Brief blog 5 from Marcus & Millichap 6 offers timely insight and expertise into the rapidly changing investment real estate industry.

The Research Brief 7 is published by top industry professionals, showcasing time-sensitive information and valuable analysis. Add the Research Brief blog 8 to your reading list today. The information contained herein was obtained from sources deemed reliable.

Every effort was made to obtain complete and accurate information; however, no representation, warranty or guarantee to the accuracy, express or implied, is made.

References ^ The Research Brief blog (blog.marcusmillichap.com) ^ Marcus & Millichap (www.marcusmillichap.com) ^ The Research Brief (blog.marcusmillichap.com) ^ the Research Brief blog (blog.marcusmillichap.com) ^ The Research Brief blog (blog.marcusmillichap.com) ^ Marcus & Millichap (www.marcusmillichap.com) ^ The Research Brief (blog.marcusmillichap.com) ^ the Research Brief blog (blog.marcusmillichap.com)

Man suffers head injury in Hemsby crash 0

Man suffers head injury in Hemsby crash

12:20 09 November 2014 David Bale 1 Police were called to a road crash in Norwich this evening. Archant Norfolk Photographic ‘ 2011 A man in his early 20s suffered a head injury in a road crash in Hemsby yesterday afternoon. It happened in Kingsway just before 2.30pm.

The East Anglian Air Ambulance attended and a spokesman said: Anglia One was tasked to an incident in Hemsby at 2.26pm when a man in his early twenties was involved in a road traffic accident. Dr Peter Temesvari and critical care paramedic Gary Steward treated the patient at the scene for a head injury. He was then taken to the James Paget Hospital in Gorleston by the East of England Ambulance service.

References ^ David Bale (www.greatyarmouthmercury.co.uk)