Today, two years after the U.S. Department of Commerce issued the National Travel and Tourism Strategy and set an ambitious five-year goal to welcome 90 million international visitors annually by 2027, the Department is announcing we expect to reach that goal ahead of schedule. According to the latest estimates from the International Trade Administration, the…
A wave of new warehouse deliveries in New Jersey continued in the second quarter, putting upward pressure on vacancy rates despite millions of square feet of leasing activity. New research reports say developers year to date have completed some 7.5 million square feet of industrial space in northern and central New Jersey. That includes a…
CHARLOTTE, North Carolina — Hotel distribution experts believe their discipline remains one of the most underlooked and misunderstood — yet increasingly important — parts of the overall industry, and that will only become more true with the rise of artificial intelligence and automation. Sarah Fults Speaking during the “Fourth Leg of the Commercial Stool” session…
New Jersey, United States:- The “Bleisure Travel Market” reached a valuation of USD xx.x Billion in 2023, with projections to achieve USD xx.x Billion by 2031, demonstrating a compound annual growth rate (CAGR) of xx.x% from 2024 to 2031. The “bleisure” (business + leisure) travel market represents a growing trend where professionals combine business trips…
Who is Sweetgreen? Fast-casual restaurant Sweetgreen debuts at the M Station campus in Morristown, marking the first retail tenant at the high-profile development by SJP Properties. The eatery, whose health-conscious menu centers on salads and bowls, occupies 2,624 square feet at 110 Morris St. It’s now open at the base of what’s known as M…
Joint initiative strengthens federal workforce technical assistance to foreign multinational businesses in Japan, South Korea, and Taiwan starting or expanding U.S. operations Today, the U.S. Department of Commerce announced a market expansion of SelectTalentUSA, a joint initiative across the U.S. Departments of Commerce, Labor, and Education providing technical assistance to foreign businesses to deliver recruitment…
The summer travel season is here, and most of us are trying to just make it through the chaos of airports and long hotel check-in lines without completely losing our patience. Ah, yes, and don’t forget about all those Americans heading to Europe this summer for Taylor Swift’s “The Eras Tour.” (I’m guilty as charged here. Twice.)…
College to Expand Data Science Program and Establish Data Science Institute The County College of Morris (CCM) is thrilled to announce it has been awarded a $650,000 Advanced Technology Education (ATE) grant from the National Science Foundation (NSF). The grant, distributed over three years, will support the college’s expansion of its current nationally recognized Data Science program.…
TRENTON, N.J. (May 3, 2024) – The New Jersey Economic Development Authority (NJEDA) is opening applications for the next cohort of the New Jersey Innovation Fellows (NJIF) Program on May 6th, and is currently accepting questions from potential applicants. The NJIF Program supports entrepreneurs with income replacement grants, mentorship, and training to provide security in…
