Tourism Archive

Downtown Partnership Leader Sharon Priest to Retire

by Arkansas Business Staff 12/8/2014 01:45 pm

The Downtown Little Rock Partnership said Monday that its executive director, Sharon Priest, will retire at the end of January.

Aircraft Hangar Lands $9.2M Transaction (Real Deals)

by George Waldon 12/8/2014 12:00 am

The sale of a 45,117-SF hangar at Clinton National Airport weighed in at $9.2 million while down the street, a 75,100-SF industrial facility in east Little Rock changed hands in an $800,000 deal.

Gateway's Grove Project Adds to 2015 Commercial Construction

by George Waldon 12/8/2014 12:00 am

A 33-acre piece of Little Rock's Gateway Town Center development is poised to add some new commercial construction in 2015.

VCC Goes Big in Vegas with $344M Downtown Summerlin Project

by George Waldon 12/8/2014 12:00 am

Completing a half-built, 1.5 million-SF retail-office center in less than 18 months presented a desert challenge for VCC LLC. The sprawling Downtown Summerlin project in the western suburbs of Las Vegas also represented unfinished business for the Little Rock general contracting firm.

NLR Chamber, ABPG Join In Women's Hall of Fame

by Arkansas Business Staff 12/5/2014 11:36 am

The North Little Rock Chamber of Commerce is partnering with Arkansas Business Publishing Group of Little Rock to launch a new program to honor the significant contributions of Arkansas women in business, politics, philanthropy and other fields.

More US CEOs Plan to Boost Hiring in Next 6 Months

by Associated Press 12/2/2014 11:33 am

Chief executives at the largest U.S. companies expect sales to keep growing in the next six months and also plan to step up hiring.

Arkansans More Pessimistic About Finances, Feel Better About Major Household Purchases

by Lee Hogan 12/2/2014 10:40 am

Arkansans feel more pessimistic about their current and expected financial situation, but feel more optimistic about buying major household items, according to the latest consumer sentiment survey from Arvest Bank.

Bill Fontes, General Manager of Little Rock Marriott, Dies

by Jan Cottingham 12/1/2014 10:57 am

Bill Fontes, the general manager of the Little Rock Marriott, died Saturday after a brief illness, the hotel and the Little Rock Convention & Visitors Bureau announced on Monday.

WLR Retail Property, Airport Hotel Each Sell for Over $4 Million

by Arkansas Business Staff 12/1/2014 12:00 am

An 8,245-SF retail project in west Little Rock and a 138-room hotel in east Little Rock near the Clinton National Airport each topped the $4 million mark.

Winery Rumors Flourish on Grapevine

by Arkansas Business Staff 12/1/2014 12:00 am

Winemaking is coming to the River Market and a Wiederkher is planning another wine-and-brew operation. Dennis Wiederkehr, VP and national sales manager of Wiederkehr Wine Cellars in Wiederkehr Village, plans to open Dionysus Wine & Brew in nearby Altus for his wife, Sharla, to run.

The Gasoline Price Dividend (Craig Douglass On Consumers)

by Craig Douglass 12/1/2014 12:00 am

The consequence of low prices at the pump is a gasoline dividend, which is being paid to Arkansas motorists and their households every time a tank is filled. In addition to general retail spending and the state sales tax collections that go with it, here are three specific outcomes of the dividend we should be looking for.

Tampa Bay Rays Pitcher Drew Smyly, Father Buy Beef 'O' Brady's In Maumelle

by Jan Cottingham 12/1/2014 12:00 am

For Todd Smyly, father of Tampa Bay Rays pitcher Drew Smyly, going in with his son to buy the Beef ‘O' Brady's franchise in Maumelle wasn't much of a stretch, for a lot of reasons.

Claims Pass $18M as John Rogers' Dealings Draw More Lawsuits

by George Waldon 12/1/2014 12:00 am

Two lawsuits against North Little Rock memorabilia dealer John Rogers add more than $2.6 million to claims that now top $18 million as questions about his business dealings continue to mount.

No More Stalling on Marketplace Fairness (Randy Zook Commentary)

by Randy Zook 12/1/2014 12:00 am

It has been widely reported that U.S. House Speaker John Boehner has promised that the Marketplace Fairness Act will not surface in 2014. Congress' failure to act on this important measure is a huge setback for Arkansas' businesses, for our retail and commercial industries, and is another blow by Washington to Arkansas' economy.

The Glass Is Half Full (Mitch Bettis Publisher's Note)

by Mitch Bettis 12/1/2014 12:00 am

Arkansans and Americans in general seem to be feeling blue these days. Maybe a deluge of negative political advertising bludgeoned us into sadness. Perhaps I'm a “glass half-full” guy because I keep noticing that, nationally and within Arkansas, there are positive economic indicators.

No Daily Report, Morning Report or E-newsletters on Thursday, Friday

by Arkansas Business Staff 11/26/2014 11:03 am

Arkansas Business will not send the Daily Report, Morning Report or weekly industry e-newsletters on Thursday and Friday in recognition of the Thanksgiving holiday.

NLR Leaders Want To Deep Six Motel 6

by Arkansas Business Staff 11/24/2014 12:00 am

The city of North Little Rock is asking a Pulaski County court to declare a Motel 6 by the Laman Library a public nuisance.

Conway Sees Two Recent Million-Dollar Deals

by Arkansas Business Staff 11/24/2014 12:00 am

Conway hosted a pair of recent million-dollar real estate transactions. At $2.7 million, the larger of the two is the 71-room Microtel Inn & Suits. About 2 miles south as the crow flies, FNT Professional Leasing LLC of Little Rock purchased a 9,574-SF commercial building for $1.25 million.

Wendy Riggs Assumes Role as Vice President of Operations for Walton Arts Center

by Arkansas Business Staff 11/24/2014 12:00 am

As VP of operations for the Walton Arts Center, a new position, Wendy Riggs will manage and maintain practices and policies for all facilities, according to Peter B. Lane, president and CEO of the Walton Arts Center.

Evaluating New Minimum Wage's Effects (Michael Pakko Commentary)

by Michael Pakko 11/24/2014 12:00 am

With the passage of ballot initiative No. 4, the minimum wage in Arkansas will increase in three steps to $8.50 per hour in 2017, $1.25 above the current federal minimum, making Arkansas one of many states to increase the minimum wage above the federally mandated level.