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Phoenix Market Can Expect Strong Hotel Growth, Says Report

CBRE is raising its forecast for hotel performance in the Phoenix metro and nationally on the heels of industry gains in Q4 2022 and the expectation of slightly positive GDP growth in 2023 according to the CBRE Hotels report. In Phoenix, revenue per available room (RevPAR) in 2023 is expected to increase to $122.30, up […]

Why Tracking Customer Acquisition Costs Is Essential in Today’s Uncertain Economy

The #1 driver of the American economy is shopping, and consumers are slowing down as inflation drives prices up while wages lag. At 3.5%, the savings rate is its lowest since 2008 and far below the pre-COVID rate of 9%. Meanwhile, more than two-thirds of workers are holding management accountable for a better workplace, and […]

City of Phoenix Working to Restore Service after System Outage

The City of Phoenix is working to restore service after a system outage impacted some connectivity and network services including access to phoenix.gov. The technology outage began late Tuesday evening caused by a network equipment failure. The City worked with the hardware manufacturer to resolve the issue, and network service was largely restored before the […]

Celebrating the Vital Role of Women in Arizona History

The International Women’s Forum Arizona commemorates and encourages the study, observance, and celebration of the vital role of women in American History. As International Women’s Day is celebrated March 8th, tap into the long list of women in IWF AZ who have made history and utilize our nonprofit as a resource for your magazines. International […]

New Owner Formally Submits Plans to Transform the Smoke Tree Property into Boutique Hotel

After much public outreach, Scottsdale-based Walton Global, a real estate investment and land asset management company with US$3.4 billion under management, has submitted an application with the Town of Paradise Valley to redevelop the old Smoke Tree Resort near Scottsdale Road and Lincoln Drive in Paradise Valley. The development team was sensitive to the needs […]

U.S. Annual Home Price Growth Continues Single-Digit Slowdown in January

CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for January 2023. U.S. home prices continued their gradual free fall in January, with the 5.5% annual gain down for the ninth straight month and the lowest recorded since June 2020. Deceleration was particularly […]

Kristen O’Neall Named Director of Client Services at Colling Media Ad Agency

Colling Media, a Phoenix-based Advertising Agency has announced Kristen O’Neall has been named Director of Client Services. The promotion is her fourth in two years. In her new role as Director of Client Services, she oversees the company’s client services team, working closely with the leadership team to develop strategic initiatives for exceptional customer service […]

Chicago-Based Bank Commits $1 Million to Provide Underserved Communities a Path to Homeownership in Phoenix

BMO announced a $1 million commitment to help underserved communities achieve progress towards homeownership. The commitment supports BMO’s Welcome Home Grant down payment program, which is expanding to five new markets including Minneapolis, Milwaukee, St. Louis, Indianapolis, and Lake County, IL – Kenosha County, WI. The program, which launched in March 2022, is still available […]

Are These Five Toxic Workplace Behaviors Driving Away Your Talent?

It’s a tough time to navigate the labor market. Organizations are still desperately seeking candidates. The Great Resignation rolls on, as the “quiet quitting” trend underscores people’s shifting attitudes about work. Meanwhile the looming threat of recession has some employers wondering if it’s time to slow hiring efforts. But—here’s the real question—are we so focused […]