A new report by the American Hotel and Lodging Association (FRLA) and Kalibri Labs projects that Florida’s hotels will see 61% less business this year compared to 2019, while hotel usage in Palm Beach County was higher for part of this year than it was in July. The new report states that a reduction in business travel is leading to lower projected hotel revenue across the state this year.Hotels across the country are expected to end the year down 500,000 jobs compared to 2019. 2021 down nearly 500,000 jobs nationally compared to 2019. “Florida is a top destination for national … Read More
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Blackstone, a personal equity firm, has been buying up each residential property they can get their hands on. I find myself upping my housing budget and stretching it so as to try and win in this aggressive market. I recently began to waive the appraisal contingency in all my presents and located myself going over my initial budget on a home, since everything in the higher Los Angeles space goes about 50K+ above ask. I’m attempting to purchase anything within the 700K-1M range but lately began going above 1M which I never saw myself doing although i did tackle a … Read More
As the COVID-19 pandemic eased and vaccinations became widely available, Palm Beach County’s jobless rate for April held steady at 4.7 percent – below both the 5.7 percent national rate and Florida’s 5.1 percent rate for the eighth consecutive month, local and state officials said Friday.
The county’s unemployment rate remained unchanged from March.
April also marks the second time in a year that the county’s unemployment dropped below the year-ago rate, which was a record-high 14.7 percent in April 2020, based on the latest monthly reports released Friday by CareerSource Palm Beach County and the Florida Department of Economic