Final winter season tallies show destination mountain lodging business was up on most fronts based on the recent data released by the Mountain Travel Research Program.
Overall occupancy for the winter season finished up 5.7 percent compared to last season and average lodging rates were up 1.5 percent, closely following early projections and ending as expected. […]

By S. MITRA KALITA
Sales in many vacation communities across the U.S. soared last year to levels not seen since boom times, driven by deep discounts, cash purchases and buyers’ rising stock portfolios.
On Mercer Island, Wash., waterfront sales nearly tripled in 2010, compared with a year earlier, reaching par with 2006 volume there. Sales on Hilton […]

Hope for a big snow year may offset some losses, but reservations down
  Our president calls this a “pivotal moment for America’s economy.” Alan Greenspan describes the events of the week of Sept. 15, as “once in an hundred years” referring to the domino of financial institutions failing, merging or being res­cued by federal intervention.
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The strong Canadian dollar and the American housing downturn have led many Canadian investors to buy properties in the U.S., June Fletcher writes in today’s Wall Street Journal. Fletcher found that Canadians made up the largest portion of foreign buyers of U.S. homes between May 2007 and May 2008. At 24% of all foreign buyers, […]

For many real estate investors, it was the most profitable tax strategy around: Move into a rental property you own, use it as a principal residence for two years, and convert taxable capital gains into tax-free dollars when you sell or exchange.
 But Congress has just clamped a limit on investors’ ability to play that game […]