Data released by STR show that U.S. hotels improved in all key industry metrics in 2012. Total revenue per available room during the year rose 6.8 percent, occupancy climbed 2.5 percent, and average daily rate increased by 4.2 percent. Read the TravelPulse story 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