​"Today’s employment report was expected to show an economy not yet in recession but at least headed in that direction,” said ABC Chief Economist Anirban Basu. “Shockingly, that did not come to pass, as U.S. employers added 528,000 jobs in July, more than twice the consensus forecast of 250,000, and the unemployment rate across all industries fell to 3.5%, tied for the lowest rate since the late 1960s."  Read the full article Here.

Whitaker’s outlook isn’t all doom and gloom. For instance, in 2023, the delivery pace should improve slightly to 31,000 beds, he said. That increase will be marked by a sharp rise in new development around urban schools in 2023,  including the Georgia Institute of Technology, set to deliver 2,630 new beds that fall; the University of Texas at Austin, slated for 1,840 new beds; and the University of Washington, with 1,510 new beds expected.

​He attributed this growth to a rebound from the drop in demand associated with the COVID-19 pandemic.  Read the full article Here.  

For the first time, engineering and consulting firm WSB was able to meet what is becoming a benchmark in the new era of digital civil construction: 3D delivery. Working for the Minnesota Department of Transportation (MnDOT), WSB used Trimble’s BIM collaboration platform Quadri to facilitate a new collaborative and iterative way of working that resulted in paperless, fully digital plan delivery for MnDOT’s Highway 169 Redefine project. But that’s just the beginning of this highway’s digital journey.  Read the full article here. 

What follows are 15 truly infant- and toddler-friendly picks across the U.S., Mexico, and the Caribbean. These properties go above and beyond for their littlest guests, while simultaneously offering plenty
​of vacation-worthy draws for weary parents.  Read the full article here.

Who is excited for the HD Expo 2022 next week!?  This year, Hospitality Design is honoring Ennismore’s Sharan Pasricha and Simeone Deary for their contributions to hospitality. Sharan Pasricha, founder and co-CEO of Ennismore, has been named this year’s Hotelier of the Year. Pasricha has reinvented the lifestyle hotel with two distinct brands: the luxe Gleneagles, known for its ornate and soulful interiors, and the energetic Hoxton, which brings a culturally rich aesthetic to urban locales.  Allied Partners was proud to help manage the renovation of The Hoxton (pictured above) in Old Town Portland, Oregon.
 
KTGY Simeone Deary Design Group has been recognized as the Design Firm of the Year. Founded by partners Lisa Simeone and Gina Deary in 2002 (in 2021, Simeone Deary Design Group joined forces with KTGY to form KTGY Simeone Deary Design Group), the Chicago-based designers are meticulous in the execution of the forward-thinking hotel projects.  

We'll see you in Vegas next week for the HD Expo 2022!  

After successfully navigating the development stages, The Virginian continues to make substantial strides and the project is coming along great!  We couldn't be more excited to partner with Elements Hospitality, Moseley Architects, Meyer Design, Carle Consulting, and many others to rejuvenate this property to a state-of-the-art facility and deliver it to the community of Fairfax, Virginia. 

With a convenient location just minutes from the shopping and dining of Old Town Fairfax, the nationally recognized INOVA Fairfax Hospital, and the George Mason University campus,
the transformation so far is remarkable! 

Photographer: Pete Albert Photography

Unlike funding connected to the Infrastructure Investment and Jobs Act, which prioritizes project labor agreements and employing union labor on public projects, the money that flowed to state, local and tribal governments through the ARP had few strings attached to how recipients could spend it.

Since most states have a legal obligation to balance their budgets every year, surpluses like this are rare, the article points out, and state and community leaders have jumped on the opportunity to put it to use.  Read the full summary here.

Back in 2020, the hotel industry lost 60% of all room revenue, said Carter Wilson, senior vice president of consulting and analytics at CoStar’s hospitality analytics firm STR. The next year, a strong recovery was fueled by transient and leisure demand, resulting in about 83% of that lost revenue being recaptured.
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While this year is off to a bit of a slow start with concerns over the omicron variant, inflation and labor supply, the U.S. hotel industry recovery is expected to accelerate, Wilson said. STR’s latest forecast calls for nominal average daily rate to fully recover by the end of the year and nominal revenue per available room to recover to 2019 levels next year.

​In January 2022, Allied Partners held its Annual Corporate Retreat in Scottsdale, Arizona.  What a great experience to get all the Project Managers together for 3 days of collaboration and connections.  We certainly look forward to more of these experiences as we continue to grow across the United States!