San Francisco office vacancies hit all-time high — despite Silicon Valley AI boom
More than a third of San Francisco’s offices remain vacant, even as the artificial intelligence boom has boosted share prices for Silicon Valley-based tech giants, according to the report. Real estate firm Cushman & Wakefield said vacancy rates for office space in San Francisco hit a record high of 34.5% in the second quarter, up […]
Budget hotel vacancies top 50% as inflation-weary Americans cut back on travel
More than half of the rooms in budget hotels nationwide were empty in the first three months of 2024 as inflation-stricken travelers cut back on spending, according to the latest data from the hotel industry. Occupancy rates for hotels such as Econo Lodge, Days Inn, Super 8 and SureStay were 48.7% in the first quarter, […]
As Sen. McConnell steps down, Kentucky House votes to remove governor’s choice in filling Senate vacancies
Kentucky’s Republican-controlled House of Representatives on Monday announced the state’s Democratic governor’s role in deciding who would fill the Senate seat should a vacancy arise in 82-year-old Senate Republican Leader Mitch McConnell’s home state. passed a resolution to remove the . The bill calls for a special election to be held to fill the Bluegrass […]