My Hotel Geek

These are tumultuous time for the mega real estate projects around the world. The luxurious market is highly affected with the current recession and some of the best developers have no choice but to put on hold construction for the next year.

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I could not believe how much Vancouver has changed when I went back last week for the annual CSAE conference. The most dramatic changes were the expansion of the VCEC, the almost completed 61-storey Shangri-La and the exciting 47-storey Fairmont Pacific Rim opening up in October 2009.

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Remember Bill Rancic? He was the first winner of The Apprentice season one in the spring of 2004 and had chosen to take charge of the construction of the Trump Tower Chicago in his native Chicago. Well the TV reality show is now a real life phenomenal 92 stories (1362 ft to the tip of the spire) skyscraper in Chicago and 4 floors of the hotel side just opened a few days ago.

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Avanterra will be home to the luxurious new Fairmont Avanterra, Palm Desert when the internationally renowned hotelierCoachella Valley in 2011. The expansive hotel project, which includes Fairmont’s luxury branded residences and fractional private residence club homes, will be situated adjacent to the Classic Club golf course, site of the PGA Tour’s Bob Hope Chrysler Classic.

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As an ex Whistler ski bum, I have to talk about the success of giant resort developer Intrawest even if it’s not a Canadian company anymore.

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Everytime I google on the net, there’s always something new about Dubai: a new island, hotel, shopping mall, golf course, water park, ski dome, etc. It does not stop! I can’t keep up with all of the new mega projects under construction. I lived in Dubai for 2 years from 2002-2004 and would not recognize the city as it has changed so much and so fast.

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