Orlando projects to invest now
These downtown Orlando projects have biz leaders optimistic about the future. Downtown Orlando is coming back to life, and a few ongoing projects and initiatives may help it return even stronger. Downtown lost a major chunk of its foot traffic with the onset of the Covid-19 pandemic in 2020, as office workers stayed home and […]
STR, Tourism Economics Lift 2021 US Hotel Forecast, Lessen Growth Projections for 2022
NASHVILLE — Just released at the 13th Annual Hotel Data Conference, STR and Tourism Economics have upgraded the U.S. hotel forecast for 2021 as a whole and lessened growth projections for 2022. Additionally, full recovery of demand remains on the same timeline for 2023, while revenue per available room (RevPAR) is projected to surpass 2019 […]
Orlando Capital Improvement Program 2022
The city of Orlando is preparing its latest capital improvement program — tied to its annual budget — with several multimillion-dollar projects earmarked. The proposal for the city prices the capital improvement plan for fiscal 2022 at $146.69 million. That is slightly down from the prior fiscal year’s adopted amount of $151.98 million. The city’s […]