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Distressed US Commercial Real Estate Lost 27 Pct Of Value, Wells Fargo Data Shows

PYMNTS

For example, the value of a Crowne Plaza hotel in Houston fell by 46 percent compared to six years ago. In another case, the Holiday Inn La Mirada, near Los Angeles, was recently valued at $22 million — a 27 percent dive from 2015. The newspaper reported the hotel has not made a mortgage payment since March.

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How QSRs Bring Mobile And Digital Payments To The Table

PYMNTS

The Los Angeles, California startup said in a press release at the time that it had raised the capital via a Series C round of funding, with Catalyst Investors and 3L Capital participating. ChowNow also said that 3L Capital Co-founder and Managing Director Shawn Colo would join the company’s board.

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Rescuing The Restaurant Business From App Decline

PYMNTS

The internet “and its many apps, online reviews, and socially viral communication speeds will continue to disrupt restaurant industry traffic, revenues, brands, and survivability even more over the next decade,” Christopher Baron of RedBaron Consulting, told Modern Restaurant Management. Fahmy doesn’t see DineVite competing with other apps.

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Team USA Launches Omnichannel Strategy For Olympic Retail

PYMNTS

We don’t truly know how big it could be, but, again, the location is fairly significant,” Peter Zeytoonjian, USOC managing director of marketing and consumer products, told SportsBusiness Daily when the store opened in December. When David Boudia won silver in diving, his hometown of Noblesville, IN, was the No.

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The Great Grocery Race Shifts Into High Gear

PYMNTS

The players are many — but in the last year and a half, Walmart, Amazon and Kroger have managed to pull ahead in the earliest rounds of the race in terms of the breadth and depth of their enhanced offerings for consumers. Prime Delivery has also officially expanded to more neighborhoods in New York City, Los Angeles and the Dallas/Ft.

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From AT&T To Xerox: 65 Corporate Innovation Labs

CB Insights

They’ve also got six foundry labs located around the world: Atlanta, Houston, Palo Alto, Plano, and Israel. ” Their experts have partnered with about 500 startups a year since opening the first foundry in 2011; their newest facility opened in Houston in 2016. Innovation Lab Name: One Market Center. Founded: 2013.

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33 Ways Drones Will Impact Society: From Fighting War to Forecasting Weather, UAVs Change Everything

CB Insights

Waste Management. Recycling and biodegradation have dramatically improved global waste management. RanMarine operates a Roomba-like unmanned marine vehicle used to collect waste in ports and harbors, while RedZone Robotics focuses exclusively on wastewater management. Construction Planning. Infrastructure Development.