Tourism Archive

Majestic Hotel Demolition Ahead of Schedule in Hot Springs

by Associated Press 8/30/2016 06:54 am

Leaders in Hot Springs say the demolition of the Majestic Hotel complex is ahead of schedule.

Colonial Arms, Oakwood Place Apartments Sell For $5M In Fayetteville (NWA Real Deals)

by Marty Cook 8/29/2016 12:00 am

White Rock Investments LLC, led by Tim Brisiel of Fayetteville, paid $5 million for two apartment complexes.

Wal-Mart's McMillon Tops Compensation List of 100 Arkansas Public Company Execs

by Gwen Moritz 8/29/2016 12:00 am

C. Douglas McMillon, CEO of Wal-Mart Stores Inc., has returned to the No. 1 spot on the annual list of executive compensation at publicly traded companies headquartered in the state.

Madison Health & Rehab Draws $4M Transaction (Real Deals)

by George Waldon 8/29/2016 12:00 am

Dixon Realty LLC of Wood-Ridge, New Jersey, purchased the 140-bed nursing home in south Pulaski County from Trinik Holdings LLC, led by Saeed Niksefat.

Broadway Bridge Will Close Sept. 28

by Arkansas Business Staff 8/25/2016 03:58 pm

The Arkansas State Highway & Transportation Department says the Broadway Bridge will close on Sept. 28 for at least six months as contractor Massman Construction Co. of Kansas City, Missouri, installs the new $98.4 million bridge.

LRCVB Moves Ahead on Deal for Cromwell Building

by Sarah Campbell 8/24/2016 01:49 pm

The Little Rock Advertising & Promotion Commission's $3.35 million purchase of the Cromwell Building for the Little Rock Convention & Visitors Bureau could be finalized within a month or so.

Conway's 501 LIFE Circles World from Namesake Area Code

by Kyle Massey 8/22/2016 12:00 am

Even after eight years and 100 issues, Sonja Keith and Donna Spears don't completely feel that they own 501 LIFE.

Mass Enthusiasm Expands Staff in Little Rock Office (Movers & Shakers)

by Arkansas Business Staff 8/22/2016 12:00 am

Dillon Tuell and Baxley Aldworth have joined Mass Enthusiasm Inc., a digital advertising agency that recently expanded its office in downtown Little Rock.

Holiday Inn Express Sale Checks In at $5.1 Million (Real Deals)

by George Waldon 8/22/2016 12:00 am

A limited liability company led by Ishverbhai Govind purchased the 1.5-acre, 69-room hotel on East McCain Boulevard in North Little Rock.

Mike Malone Stepping Down As Northwest Arkansas Council CEO

by Arkansas Business Staff 8/18/2016 03:41 pm

Mike Malone announced he will leave the Northwest Arkansas Council where he has served as president and CEO of the nonprofit since 2006.

Group Buys Legacy Hotel for $2.85M, Plans $5M in Renovations

by Alexis Hosticka 8/17/2016 04:34 pm

Newly created SHG Management LLC of Sherwood recently purchased the Legacy Hotel in downtown Little Rock for $2.85 million and plans to spend another $5 million on renovations.

Construction Starts on Hyatt Place, Convention Center in Jonesboro

by Graycen Colbert Bigger 8/17/2016 11:51 am

Dodging rainy weather, local officials and members of the Keller Family Hyatt Group marked the start of construction on a $30 million Hyatt Place Hotel & Convention Center in Jonesboro.

Crystal Bridges Hires Lauren Haynes As Contemporary Art Curator

by Arkansas Business Staff 8/17/2016 08:45 am

Crystal Bridges Museum of American Art hired Lauren Haynes as its Curator of Contemporary Art, the museum announced Tuesday. Haynes will start at the museum in October. As curator, she will help the museum's contemporary art program with exhibits, presentations and publications.

Riverdale 10 Owner Plans Movie Meals in Spa City

by Arkansas Business Staff 8/15/2016 12:00 am

Matt Smith's cinema formula in Little Rock, which includes 10 screens, the sale of beer and wine and reserved seating, has been so successful he's planning to introduce it at his Hot Springs Mall Cinema next month.

Butcher & Deli To Become Bentonville Butcher & Pint

by Arkansas Business Staff 8/15/2016 12:00 am

A mixed-drink permit application with the state and social media postings indicate that Bentonville Butcher & Deli is morphing into Bentonville Butcher & Pint, “a restaurant, bar and butcher concept focused on fresh, local meats, beer and cuisine.”

Power and Pain of Consensus (Barry Goldberg On Leadership)

by Barry Goldberg 8/15/2016 12:00 am

Mainstream, action-oriented leadership thinkers tend to hate the idea of consensus, opting instead for rapid-fire, quick-decision meetings. The efficiency of pushing quickly for a clear path forward is hard to resist; however, it often steps over or forces underground the kind of resistance that will kill a new idea or initiative — but usually not until most of the time and money are spent.

Unemployment Rates in Arkansas Cities Vary Widely

by Arkansas Business Staff 8/15/2016 12:00 am

Unemployment rates rose slightly in Arkansas metro areas in June, but rates are still lower than a year ago, notes Michael Pakko, chief economist at the Institute for Economic Advancement at the University of Arkansas at Little Rock.

Oaklawn Names Vic Stauffer Its New Track Announcer

by Arkansas Business Staff 8/10/2016 11:03 am

Vic Stauffer, who has called more than 40,000 races at nearly a dozen tracks across the country, was announced Wednesday as Oaklawn's newest track announcer, beginning with the start of the 2017 season.

David's Burgers Now Looking Toward Fall Opening in River Market

by Arkansas Business Staff 8/8/2016 12:00 am

David “Alan” Bubbus, owner of the Little Rock mini-chain David's Burgers, is hoping to open the David's in the River Market in September or October. But first he has to finish converting an outdoor seating area into a common area for visitors to Ottenheimer Market Hall.

Movie Tavern Soon To Offer Dinner and A Movie — In One Place

by Jan Cottingham 8/8/2016 12:00 am

With the tag “Great Food, the Latest Movies, and a Full Bar,” Movie Tavern, founded in 2001 in Dallas, now has 24 locations in 10 states, and soon it will open its first Arkansas location, at Little Rock's Gateway Town Center.