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Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand. The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the ...
A real estate investment trust ( REIT, pronounced "reet" [1]) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, studios, warehouses, hospitals, shopping centers, hotels and commercial forests. [2]
Condominium ownership is also used, albeit less frequently, for non-residential land uses: offices, hotel rooms, retail shops, private airports, marinas, group housing facilities (retirement homes or dormitories), bare land (in British Columbia) and storage. The legal structure is the same, and many of the benefits are similar; for instance, a ...
Manila Hotel. / 14.5831972°N 120.9742972°E / 14.5831972; 120.9742972. The Manila Hotel is a 550-room, historic five-star hotel located along Manila Bay in Manila, Philippines. [ 3] The hotel is the oldest premiere hotel in the Philippines built in 1909 to rival Malacañang Palace, the official residence of the President of the ...
Summit Hotels and Resorts. Summit Hotels and Resorts is a Filipino brand of hotels owned and operated by Robinsons Land Corporation, the real estate arm of JG Summit Holdings established by Filipino-Chinese entrepreneur John Gokongwei Jr. It began operating in 2009 with the opening of its first hotel, Summit Ridge Tagaytay in Tagaytay, Cavite.
t. e. Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
The hotel itself was designed by Leandro Locsin of Leandro V. Locsin & Partners, who would later be named a National Artist of the Philippines for architecture, and Isidro Santos. In 1994, 12 years before the AccorHotels group took over ownership from Westin, the hotel hosted 670 guest rooms. In 2016, it hosted 609 rooms and 46 suites.
Seda (formerly known as Kukun, occasionally referred to as Seda Hotels) is a Philippine brand of hotels owned and operated by Ayala Land Hotels and Resorts, a subsidiary of Ayala Corporation. The first hotel under the Seda brand began operations in 2012 with the opening of Seda BGC at the Bonifacio Global City in Taguig, Metro Manila, Philippines.