In recent times Sovereign Wealth Funds (SWFs) have become an important source of international real estate investments. A number of reports predict the swelling of SWF combined assets from its current figure of $3-4 trillion to $8-12 trillion by 2015. It is also expected that a continuous growth...

The purpose of this research project is to examine the market pricing behavior of vacation homes in resort property markets. To accomplish this a price index is constructed to track real price fluctuations from 1981 to 2010 for the 3 localized ski resort markets in Park City, Utah. The resulting...

How can volatility as well as other dynamics and characteristics in hotel market fundamentals affecting risk be better understood? This paper explores that fundamental question along with other more specific questions that naturally follow: What are the markets and hotel sectors that exhibit the...

The retail industry in the 21st century is undergoing a confluence of transformative changes. In this paper we discuss particularly noteworthy changes related to demography, retail economics and the Internet. We note how, in reaction to those transformations, brick-and-mortar retailers have...

The mission of our thesis is to assist residential real estate investors and developers in making more systematic investment decisions when selecting Chinese cities. In particular, our thesis has three major objectives, (1) to understand the residential price appreciation with respect to...

The thesis aims to address the long lasting phenomena of evolution of financial services industry both in US and Europe. The topic has never been more emphasized since the Great Depression. The dramatic fact of cost cutting and diminishing the headcount in financial services industry creates...