May hotel rates increased the most in properties across the Americas, as all global regions save Africa and the Middle East posted year-over-year rates growth during the same period, STR Global reports. Hotels in the Americas region posted a rate increase of 3.1 percent in May and a 3.4 percent rise in occupancy. Read the BusinessTravelNews.com here.
Skanska completes Portsmouth Marine Terminal offshore wind upgrade
Skanska has completed the redevelopment project for the Virginia Port Authority, upgrading 72 acres of Portsmouth Marine Terminal (PMT) and 1,500 feet of wharf that now serves as an offshore wind staging