Archives » January 31st, 2008

Springs to get MainStay hotel

Choice Hotels International has finalized a national development agreement with Bell Hospitality Group to build at least 50 extended-stay brand hotels, one of which is planned for Colorado Springs.
A Springs location has not been announced, but it will be among the first nine properties built by BHG. Construction is expected to begin […]

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Two ‘clear’ signs of weakening economy emerge

The Associated Press
Consumers increased their spending at the weakest pace in six months while applications for unemployment benefits soared last week, two more signs the economy is weakening.
The Commerce Department reported today that consumer spending edged up just 0.2 percent during December – the year’s peak shopping season – […]

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Mortgage bankers report increased refinancing

The Mortgage Banker’s market composite index, which measures the volume of home loans processed throughout the country, was up 7.5 percent last week.
The increased activity resulted in a dramatic increase in refinance applications.
The index that tracks refinance applications jumped 22.1 percent for mid-January, pushing its share of mortgage activity from […]

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Corporations growing more charitable

Total corporate contributions in the United States and abroad amounted to $10.2 billion during 2006, up from $9.8 billion during 2005.
The Conference Board’s annual survey of corporate giving also showed total U.S. giving among the 189 corporations polled was $7.9 billion.
Corporate U.S. giving ranged from a low of $72,200 to a […]

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