Inside Real Estate News published this article offering this great news. Read the full article here.
Enjoy!
George
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Housing Prices Down, but so is Housing Glut
9 years ago
Showing posts with label Luxury Resort Sales. Show all posts
Showing posts with label Luxury Resort Sales. Show all posts
Friday, February 18, 2011
Tuesday, January 25, 2011
Tuesday, October 26, 2010
Top 5 Most Expensive Private Yachts in the World
This was shared by Fanis Zacharis who is in one of my networks! Enjoy!
Top 5 Most Expensive Private Yachts in the World
Top 5 Most Expensive Private Yachts in the World
Wednesday, August 11, 2010
From Rismedia - 6 Reasons to Buy a Vacation Home Now
Here's a great read from Rismedia about buying a vacation home now.
RISMEDIA, August 11, 2010—As the real estate market continues its bumpy road toward recovery, the vacation home market is heating up, causing homeowners around the country to seriously consider buying the vacation home they’ve been eyeing.
Margaret La Grange and Christine Van Tuyl, an award-winning mother-daughterteam with Prudential California Realty in Coronado, CA, offer the top... read more
RISMEDIA, August 11, 2010—As the real estate market continues its bumpy road toward recovery, the vacation home market is heating up, causing homeowners around the country to seriously consider buying the vacation home they’ve been eyeing.
Margaret La Grange and Christine Van Tuyl, an award-winning mother-daughter
Tuesday, May 18, 2010
Sinapore Resort Opens
On April 27th Las Vegas Sands CEO Sheldon Adelson snipped the celebratory ribbon at the Feng Shui approved time of 3:18 pm for his new Marina Bay Sands, an ambitious $5.7 billion (USD) luxury resort development in Singapore.
The Singapore government originally chose Las Vegas Sands Corp. (NYSE:LVS) on May 26, 2006 to build one of only two approved integrated resorts in the Southeast Asian city-state. Marina Bay Sands will open progressively over the course of the year, with today's first phase including 963 hotel rooms, parts of the shopping mall and convention center, some restaurants and bars, the Event Plaza along Marina Bay, and the casino. On June 23, during the official grand opening celebration, the remainder of the property's 2,560 guest rooms, more shops from the world's leading retailers, additional dining options, and exciting nightlife offerings, will open. The Sands SkyPark, which sits 60 stories off the ground and is perched atop the property's three hotel towers, will also debut on June 23.
"Singapore's reputation as a world-class international tourist destination will be further enhanced with the opening of Marina Bay Sands and our company's reputation for building economy-changing tourism developments will be cemented around the world. For both of those reasons, I am happy to be in Singapore today to open the first phase of the property and look forward to the grand opening celebration," said Mr. Adelson.
"We are proud to have a fine team of people with the professional skills needed to build Marina Bay Sands, open it, and operate it. With that team, we are confident we will deliver the promise of a facility Singaporeans expected when they honored us with this opportunity," said Michael Leven, president and chief operating officer of Las Vegas Sands.
Mr. Adelson said its unique urban location provides Marina Bay Sands an opportunity to become one of the world's most successful hotel-resort properties. "The peak period of operations for most urban hotels is midweek, as they tend to cater to business travelers. The peak period for resort hotels is obviously the weekend when people have free time. For us, with our meeting and convention business and a multitude of leisure amenities, the entire week is our peak period," he said.
The company's industry-leading experience in the MICE (meeting, incentive, convention and exhibition) business was a key reason Singapore selected Las Vegas Sands. To date,
Marina Bay Sands has more than 160 events booked in its Sands Expo and Convention Center. Those events, beginning in May 2010, are expected to draw more than 250,000 total attendees. Marina Bay Sands President and CEO Thomas Arasi said those numbers will increase quickly and dramatically as meeting planners and convention organizers now have the opportunity to see the property themselves.
"This is a magnificent destination. From the specially-commissioned, multi-million dollar collection of art that greets you as you enter our hotel lobby to our attentive staff taking care of your every need after you check in, Marina Bay Sands is committed to making sure the interiors and service of our property matches the brilliance of its architecture," said Marina Bay Sands President and CEO Thomas Arasi.
In October, one of the property's two state-of-the-art theatres will welcome Disney's The Lion King. The second theatre, which will also open later this year, will be home to a variety of special events and famous headline acts. The iconic Marina Bay Sands museum, expected to open by December, will not only feature international exhibitions, but it will also serve - with its unique lotus-inspired design - as a symbolic welcome to guests from around the globe.
The Singapore government originally chose Las Vegas Sands Corp. (NYSE:LVS) on May 26, 2006 to build one of only two approved integrated resorts in the Southeast Asian city-state. Marina Bay Sands will open progressively over the course of the year, with today's first phase including 963 hotel rooms, parts of the shopping mall and convention center, some restaurants and bars, the Event Plaza along Marina Bay, and the casino. On June 23, during the official grand opening celebration, the remainder of the property's 2,560 guest rooms, more shops from the world's leading retailers, additional dining options, and exciting nightlife offerings, will open. The Sands SkyPark, which sits 60 stories off the ground and is perched atop the property's three hotel towers, will also debut on June 23.
"Singapore's reputation as a world-class international tourist destination will be further enhanced with the opening of Marina Bay Sands and our company's reputation for building economy-changing tourism developments will be cemented around the world. For both of those reasons, I am happy to be in Singapore today to open the first phase of the property and look forward to the grand opening celebration," said Mr. Adelson.
"We are proud to have a fine team of people with the professional skills needed to build Marina Bay Sands, open it, and operate it. With that team, we are confident we will deliver the promise of a facility Singaporeans expected when they honored us with this opportunity," said Michael Leven, president and chief operating officer of Las Vegas Sands.
Mr. Adelson said its unique urban location provides Marina Bay Sands an opportunity to become one of the world's most successful hotel-resort properties. "The peak period of operations for most urban hotels is midweek, as they tend to cater to business travelers. The peak period for resort hotels is obviously the weekend when people have free time. For us, with our meeting and convention business and a multitude of leisure amenities, the entire week is our peak period," he said.
The company's industry-leading experience in the MICE (meeting, incentive, convention and exhibition) business was a key reason Singapore selected Las Vegas Sands. To date,
Marina Bay Sands has more than 160 events booked in its Sands Expo and Convention Center. Those events, beginning in May 2010, are expected to draw more than 250,000 total attendees. Marina Bay Sands President and CEO Thomas Arasi said those numbers will increase quickly and dramatically as meeting planners and convention organizers now have the opportunity to see the property themselves.
"This is a magnificent destination. From the specially-commissioned, multi-million dollar collection of art that greets you as you enter our hotel lobby to our attentive staff taking care of your every need after you check in, Marina Bay Sands is committed to making sure the interiors and service of our property matches the brilliance of its architecture," said Marina Bay Sands President and CEO Thomas Arasi.
In October, one of the property's two state-of-the-art theatres will welcome Disney's The Lion King. The second theatre, which will also open later this year, will be home to a variety of special events and famous headline acts. The iconic Marina Bay Sands museum, expected to open by December, will not only feature international exhibitions, but it will also serve - with its unique lotus-inspired design - as a symbolic welcome to guests from around the globe.
Friday, April 30, 2010
Canadian Luxury Resort Sales Booming
Canada record-breaking sales of luxury homes
High End Market Trends report, ReMax Canada said previous sales records for high-end homes broke records in nine of the 13 regions examined. The real estate ...
http://www.theglobeandmail.com/report-on-business/remax-reports-record-breaking-sales-of-luxury-homes/article1546686/
ReMax's definition of a luxury home varies by market, from $400,000 in St. John's to $2-million in Greater Vancouver. The amount is usually arrived at by looking at the top 1-to-5 per cent of sales in any given market
From the survey:
A luxury home was most expensive in Greater Vancouver at $2-million, followed by $1.5-million in Greater Toronto and Montreal Island.
Upper-end markets were most abundant in Atlantic Canada and smaller centres in Ontario, where luxury home prices started at $400,000 in St. John’s, $450,000 in Halifax-Dartmouth, $500,000 in London St. Thomas, and $750,000 in Ottawa and Hamilton-Burlington.
Winnipeg and Edmonton saw the luxury market around $500,000 and $850,000 respectively.
The most expensive house sold in Canada in the first quarter, according to the Multiple Listing Service managed by the Canadian Real Estate Association, was in Vancouver's west side, selling for $10-million. The house is on 3/4 of an acre, and is 11,600 square feet.
“While comparisons are being made to one of the worst first quarters on record – it’s important to note that the bounce back in many areas including Greater Vancouver, Victoria, Winnipeg, London-St.Thomas, Greater Toronto, Ottawa, Montreal (Island), Halifax-Dartmouth, and St. John’s - exceeds record levels reported in years past,” ReMax stated.
High End Market Trends report, ReMax Canada said previous sales records for high-end homes broke records in nine of the 13 regions examined. The real estate ...
http://www.theglobeandmail.com/report-on-business/remax-reports-record-breaking-sales-of-luxury-homes/article1546686/
ReMax's definition of a luxury home varies by market, from $400,000 in St. John's to $2-million in Greater Vancouver. The amount is usually arrived at by looking at the top 1-to-5 per cent of sales in any given market
From the survey:
A luxury home was most expensive in Greater Vancouver at $2-million, followed by $1.5-million in Greater Toronto and Montreal Island.
Upper-end markets were most abundant in Atlantic Canada and smaller centres in Ontario, where luxury home prices started at $400,000 in St. John’s, $450,000 in Halifax-Dartmouth, $500,000 in London St. Thomas, and $750,000 in Ottawa and Hamilton-Burlington.
Winnipeg and Edmonton saw the luxury market around $500,000 and $850,000 respectively.
The most expensive house sold in Canada in the first quarter, according to the Multiple Listing Service managed by the Canadian Real Estate Association, was in Vancouver's west side, selling for $10-million. The house is on 3/4 of an acre, and is 11,600 square feet.
“While comparisons are being made to one of the worst first quarters on record – it’s important to note that the bounce back in many areas including Greater Vancouver, Victoria, Winnipeg, London-St.Thomas, Greater Toronto, Ottawa, Montreal (Island), Halifax-Dartmouth, and St. John’s - exceeds record levels reported in years past,” ReMax stated.
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