With renovations underway at the rebranded World of Blue hotel in East Rutherford, its owner has set its sights on affluent travelers bound for this summer’s FIFA Men’s World Cup.
Owners Council Q&A: Lance Bergstein
The market has really ebbed and flowed over the last 12 months. There were spurts of positive progress coupled with deterrents. I think this recent rate cut will help the macro environment but many of the fundamentals have remained the same. As a whole, the country is in an interesting political environment, which is perhaps more impactful to the economy than raw economic data.