Miami Mortgage News

Passenger Train Travel


Vacationing, doing business, commuting or otherwise traveling between Orlando and Miami is about to get easier. All Aboard Florida is a passenger rail service that will provide state-of-the-art fast, safe, relaxing train travel in one of the most populous and visited regions in the United States.

All Aboard Florida will use the existing Florida East Coast Railway corridor between Miami and Cocoa, and build new track along State Road 528 between Cocoa and Orlando. Once complete, it will serve residents and visitors in this area with passenger rail that is convenient, safe, fast and environmentally friendly.

This train doesn’t just do wonders for transportation. It does a lot for the Florida community. Over the next eight years, it will have a direct, positive impact on Florida’s economy. During construction, it will create nearly 10,000 jobs. It will also require zero funding from taxpayers. And it’s all moving full-speed ahead.

Driving from Miami to Orlando takes about four hours. The All Aboard Florida train will allow passengers to cover that same distance in about three hours — while reading, relaxing or simply enjoying a more productive way to travel.

Quality passenger rail holds the power to transform the travel experience. Rather than putting miles on your own car, paying for gas and navigating heavy traffic, passengers can sit back and enjoy the ride. All Aboard Florida will deliver you to Orlando, Miami and destinations in between faster than when driving — and you will arrive more relaxed, refreshed and comfortable.

The route will open for service between Miami and West Palm Beach in 2017, with full service from Miami to Orlando following later that year. In the meantime, All Aboard Florida will be improving the route between Miami and Cocoa, building out the route between Cocoa and Orlando, and constructing modern rail stations in Miami, Fort Lauderdale and West Palm Beach.

Station construction projects at the four destination cities are at various stages. Skidmore, Owings and Merrill (SOM) designed the three South Florida stations in association with Zyscovich Architects. Construction has begun in Miami, Fort Lauderdale and West Palm Beach, and each station will be completed in advance of the 2017 launch for phase I. Suffolk Construction is serving as general contractor in Miami, and Moss & Associates is the general contractor in Fort Lauderdale and West Palm Beach. The Orlando station will be part of a larger Intermodal Transportation Center at Orlando International Airport, which will be ready in advance of the launch of full service.

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Posted in:Farah News and tagged: traintravelPassenger
Posted by Nour Ailan on April 15th, 2017 10:47 AM

The cultural and tourism benefits of student exchange

A growing segment of the international student market is made up of exchange students who undertake a course of assessed study at an overseas university, usually for a period of one semester or a year. Exchange students have been identified as a segment of the international student market that has significant growth potential.

Yet little research has been conducted into the exchange student population. A greater understanding of the phenomenon will enable host countries and universities to attract more students.

Students optimistic about exchange

Outweighing any feelings of trepidation about studying abroad was a universal excitement about the unknown life journey in front of them.

While students seemed prematurely aware of the growth potential of stress, they were optimistic about the power of the forthcoming exchange visit to effect in them positive changes, including improved coping skills, increased confidence, greater independence and altered life perspectives.

Students were also aware of the opportunity for self-exploration offered by the exchange. Though students were aware that the purpose of their visit was educational, they were determined to exploit the opportunity to travel, underlining the value of the international student market to tourism destinations.

Our findings suggest that travel opportunities are central to students’ choice of destination and that the purpose of their trip is therefore twofold.

The prospect for cultural learning offered by the international sojourn was acknowledged by all to be an exciting aspect of the student exchange scheme: enthusiasm for meeting people from different cultures was unanimous.

Students were aware that distance from the origin culture would bring insight into their own cultural programming. They were committed to communicating this cultural distinctiveness to students of other nationalities; enthusiasm for promoting the origin culture, in this case Turkey, was a common theme. The tendency to see themselves as national ambassadors was pronounced.

Students were also keen to learn about the host community. Contact with international friends was important, but host contact was a target before arrival.

Finally, all students equated increased cultural knowledge with increased employability. There was universal awareness that globalisation entailed international cooperation and an expectation that internationalised companies would prize the cultural skills that the international study context would install  It was perceived that the trip would provide a possibly useful networking opportunity.

Students exhibited a strong cultural identification. Moreover, students trusted that face-to-face contact would overcome negative stereotypes, and they manifested pre-departure a determination to promote Turkey’s superiority to other developing countries.

A strong cultural identification bolsters resistance against attack, but it might be pertinent to ask whether students’ own prejudices and fears might diminish through encounters with Westerners who do not display signs of condescension towards Turkish nationals.

Concerns around faith

Our study also helps to shed light on the malaise that is uniquely experienced by Muslim students studying in a Western culture by revealing the unanimous concern of the Turkish students in this study that they might be treated unfavorably because of their faith.

Students were anxious that negative judgments would be made about their faith due to a link in the popular Western media between Islam and terrorism. Such fear was exacerbated by word-of-mouth anecdotes about acts of Islamophobia in Western countries, particularly from internet chat rooms.

Indeed, the Council for the Advancement of Arab-British Understanding cites Islamophobia as the main source of bigotry in Europe. Meanwhile, a small number of students in the current study were anxious about cultural differences in the tolerance of alternative lifestyles.

There was awareness that differing religious and moral values between the origin and the host culture might lead to some discomfort. It must be pointed out, however, that the majority of students were insistent on their cultural similarity with European countries.

Indeed the response to possible discrimination on the grounds of faith was a unanimous declaration by the students of Turkey’s secularity and moderateness. Students were resolute that communication of their distinctiveness from other Muslim countries would eradicate negative judgment. Again, promotion of the special characteristics of the home country was common.

Finally, running through all the interviews was a high degree of optimism; that a sense of common humanity would ensure that faith would not divide students from other national and religious groups.

Some recommendations

Our study reveals that the perceived benefits of international travel for education were manifold.

Since participants stated that the purpose of their visit was to obtain an education and to travel during their stay, we recommend that the receiving institution cooperate with the stakeholders of their local and regional tourism industry in order to improve marketing targeted at students in the origin country and in the destination country.

Destination management organizations should assess the characteristics and traveling habits of this potential and lucrative market segment. The ever-growing exchange student market enables destinations to diversify their tourism income sources with alternative tourist products appealing to different segments.

The use made of the internet by prospective students is also highlighted, pointing to the need by institutions and destination management organizations to maximize their online visibility.

The intervention strategies to be used by those offering pastoral or psychological support to international students – including personal tutors, programme administrators, lecturers and chaplaincy – should be available at the start of the sojourn, when stress is usually at its height.
Support staff in the receiving destination should inform themselves about the political and religious background of students’ origin country and any issues of contemporary concern should be addressed.

The student population make-up is changing and institutions need to be prepared for this. The local community should be made aware of the economic contribution made by international students to the receiving area, and increased tolerance of difference should be encouraged.

However, whether this is a sustainable and feasible suggestion is debatable: sojourners are caught in larger political and societal issues over which neither they nor the host institution may have any control.

 

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Posted by Nour Ailan on November 14th, 2016 6:04 PM

Miami hotel market could reach maturity in 2016

Industry experts say Miami’s hotel market could be reaching its peak in 2016 as revenues and occupancy rates begin to level out.

Last year was solid for the individual hotels that make up Miami’s leisure industry: more than 44 million travelers passed through the Miami International Airport, a bevy of new hotel developments opened their doors and room rates saw steady gains compared to 2014.

Occupancy rates hovered around 78 percent, mostly flat from the previous year, and hotel owners’ average revenue per room grew to nearly $153 — about a 6 percent jump, according to year-end data from STR.

Miami hotel occupancy dating back to 2009

“On one hand there’s a story about what’s going on at the property level, and then there’s a separate story about how buyers and sellers and lenders are acting right now and how the transaction market has been,” Max Comess of brokerage HFF said. “The stories have been a little disconnected.”

Comess said turmoil in global markets has started to put a damper on activity from certain investment groups and lenders as their strategies become more cautious. Plunging stock markets hurt real estate investment trusts in particular, he said, whose share prices “fell precipitously” compared to the highs seen earlier in 2015. One example of that early-year bravado was the $278 million sale of the former James Royal Palm in South Beach to the Chesapeake Lodging Trust.

That closing came in February, which also saw the $230 million sale of the Miami Beach EDITION to the Abu Dhabi Investment Authority “The REITs for the most part have exited the market,” Comess said. “They were really driving South Beach, downtown Miami; a lot of the resort markets throughout the state.”

Another factor playing into the market right now is a strong U.S. dollar shrinking the appetite of foreign travelers and investors, he said.

Less purchasing power for tourists abroad roughly equates to fewer hotel rooms booked. South American countries in particular are facing harrowing economic conditions, which Comess said is troubling because Miami is such a hub for that continent.

Total room revenue for Miami hotels

However, Comess said these trouble spots don’t mean Miami’s hotel sector is in bad health. If anything, it’s “bouncing off the top” as it starts aging into its golden years. Wendy Kallergis, president and CEO of the Greater Miami and the Beaches Hotel Association, would agree.

“It’s going to even out because we had so much growth in 2015,” she said. Hotels this year got a slow start, she said, at least partially because the northern states enjoyed warmer holidays than usual. But she expects business to return to normal during the spring, especially with big-ticket events like the annual Ultra Music Festival bringing in travelers.

She also said occupancy leveling out is a byproduct of more hotels opening their doors as opposed to a decrease in demand. Miami Beach alone saw the opening of the Edition, Faena Hotel, Nautilus, Aloft, Hyatt Centric, Hampton Inn Miami South Beach and 1 Hotel South beach, altogether bringing just under 2,000 rooms online in a single year. That trend will likely continue as the EAST Hotel at Brickell City Centre, Langford Miami in the downtown area and the Surfside Residence Inn all open this year.

And while the market maturing usually means a return to stability, the year will not be without its trials, experts say. “We expect this year to be challenging. The Miami Beach Convention Center is closed; several hotels are already reporting that this is leading to a loss of business,” Paul Weimer, vice president of brokerage CBRE’s hotel division, said .

[The convention center is not fully closed as events like Art Basel will still take place there, but it is taking no new reservations while renovations are underway.] “The dollar has remained strong, making it more expensive for international travelers. Many of our feeder markets continue to experience economic issues… I think we will be very lucky if RevPar ends unchanged year over year.”

Posted by Nour Ailan on February 20th, 2016 3:34 PM

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