Showing posts with label Affordable Hotels In Virginia Beach. Show all posts
Showing posts with label Affordable Hotels In Virginia Beach. Show all posts

Monday, July 15, 2013

Courtyard Virginia Beach Hotels|"10 great new European beach hotels and places to stay"

Souce : http://www.style-travel.info
By :style-travel
Category :Courtyard Virginia Beach Hotels
Posted By : Hotels in Virginia Beach South Courtyard


Beach Hotels
Courtyard Virginia Beach Hotels
New last year, these 12 flats, each sleeping up to four (one double, one twin) are located bang on the waterfront in the tiny Languedoc port of Marseillan, which opens onto the Etang de Thau, a vast lagoon cut off from the sea by miles of sandy beach. Inside they are all cool colours, sink-into sofas and beautiful fabrics, with excellent kitchens and sitting rooms that lead onto a terrace or balcony. A few steps away is a small beach (perfect for a morning dip) or you can hire bikes to check out ones further afield. One of the owners has a small boat and is happy to take guests for a jaunt around the port for next to nothing.

One of latest additions to the Algarve’s booming boutique hotel scene, Mareta Beach is on the most southerly tip of Portugal. It has 18 rooms, all with simple furniture in white and turquoise fabrics, and big windows overlooking the main square in Sagres or the sea. If lolling on the beach takes it out of you, unwind in the outdoor hot tub surrounded by tropical gardens at Mareta View (its nearby sister hotel).

If you caught the recent BBC2 documentary A Very British Holiday, you’ll recognise this Isle of Wight classic, overlooking its own secluded beach near Sandown. As spacious – and weatherproof – as the caravans and chalets are (options range from two-berth chalets to eight-berth caravans), we reckon the new bell tents take the biscuit, decked out with thick rugs, fairy lights, camp beds for four and a gas cooker. On site there are indoor and outdoor pools, bar/restaurant, mini golf and shop.

Think budget B&B and you probably picture draughty rooms, dated decor and inedible food – not so with Awelon. Last year, Katherine Henderson Bowen and her family opened up their home in Manorbier to visitors, with a simple double and twin room featuring beds piled with locally sourced throws, bookshelves and seaside paintings. Both have sea views, overlooking Manorbier Castle and the Pembrokeshire Coast Path. Katherine loves baking, so breakfasts are a highlight, as is the garden, designed by Andy Sturgeon, winner of five gold medals at the Chelsea Flower Show. Katherine will cut you a deal for longer stays – and she’ll let you use her bodyboards and beach gear for free.

Yes it’s cosy, but this three-person studio apartment, housed in a recently renovated ancient house in Split’s old town, just minutes from the beach, has bags of character, with exposed stone walls and beamed ceilings. It manages to squeeze one double, one sofa-bed, kitchen, dining table and bathroom into a small space. Your host, Nikola, will happily show you around the city.

New this year, this Mongolian yurt and wooden chalet are in countryside just off the coast road in Almayate, a few miles east from Málaga. The yurt has a double bed, two futon beds, thick rugs and a slide-back roof for stargazing; the double-glazed chalet has one double bedroom plus two single sofa beds in the lounge and a fully equipped kitchen. You will probably spend most of your time outside, around the barbecue and in the pool. Both sleep four.

Malindi is within walking distance of Bude’s Crackington Haven beach. Designed by an eager-green couple who live in Germany, this four-bedroom stone and slate house is as eco as they come, from its underfloor heating using borehole technology to solar panels. It also has a big open-plan living room, conservatory and well-equipped kitchen. Sleeps nine.

It all began in 2000 when a young couple inherited a small sheep farm on Stokkøya island and wondered how they could make a living out of it. The answer? Build a collection of design-meets-eco-chic cottages and huts at nearby Hosnasand, one of the finest sandy beaches in Norway. The new “subterranean” units, made of concrete and glass, are built into the landscape and filled with vintage furniture and artwork; as well as doubles and twins, there are hostel-style huts.There’s got to be a catch right? Well, you do have to find eight friends to share it with, but that won’t be a problem once they hear about its four en suite bedrooms and kitchen that opens onto a large dining room with cool decor (vintage wallpapers, retro furniture and movie-star portraits hanging on the walls). There are two great daily markets close by, ideal for stocking up on cheese, wine and suncream.

This isn’t just any glampsite. It’s a full-size Mongolian yurt for two that opened last year and boasts one of the best spots in County Cork – tucked among trees just a few metres above the sea, with sunset views over Kinsale and its harbour. Inside it’s beautifully decorated, with a double bed, Mongolian-style fabrics and woodburning stove. Outside there’s a barbecue, pizza oven and a small chalet for chilling with a book or sundowner.

Thursday, May 2, 2013

Affordable Hotels In Virginia Beach | "Landmark Virginia Beach Hotel Hits the Market in Family Feud"


Source    :   http://www.cpexecutive.com
Category  :  Affordable Hotels In Virginia Beach
By        : Virginia Beach Ocean Front Hotels
Posted By : Hotels in Virginia Beach North Courtyard


The Cavalier Hotel, a Virginia Beach landmark that has hosted presidents and celebrities, is fon the block. According to Virginia Beach city records, the property is assessed at $34.25 million. However, court records show it is worth around $41 million, reported the Virginian-Pilot. Doug Henkel, Tom Ives, Lew Miller, Andy Wimsatt and Kym Halsted of CBRE Inc.’s hotels group are marketing the property.
Affordable Hotels In Virginia Beach
Affordable Hotels In Virginia Beach

The Cavalier property occupies a 21-acre tract and includes two hotels. Open since 1927, the seven-story Cavalier on the Hill offers 110 guest rooms. Its counterpart, the 282-key Cavalier Oceanfront, opened in 1970 directly across Atlantic Ave. Between them, the two facilities provide more than 50,000 square feet of meeting and function space and feature indoor and outdoor pools, tennis courts, a fitness center, and a below-ground parking garage. An owner/manager residence, employee housing and automobile repair garage are also located on the property. Presidents Calvin Coolidge, Herbert Hoover, Harry Truman, Dwight Eisenhower, John Kennedy, Lyndon Johnson, and Richard Nixon have all been guests.

According to the Virginian-Pilot, the court-ordered sale will help resolve a battle among the heirs of Gene Dixon Sr., the late mining magnate, who purchased the Cavalier in 1960. Dixon made a fortune mining the mineral kyanite in Buckingham County.

In a dispute over company profits, Dixon’s grandchildren, who own 42 percent of the family business, the Disthene Group, sued their uncle and cousin, the majority owners. A Faifax County judge ruled in favor of Dixon’s grandchildren and ordered the sale of the family assets to. In addition to the Cavalier complex, a kyanite mine and 30,000 acres of timberland are also for sale.

Wednesday, March 13, 2013

Affordable Hotels In Virginia Beach | "Samsung gets a foot in at key Apple supplier Sharp with $110 million investment"


Source     : http://www.reuters.com
Category   : Affordable Hotels In Virginia Beach
By            : Hotel In Virginia
Posted By  : Hotels in Virginia Beach North Courtyard


(Reuters) - Samsung Electronics Co, with a $110 million investment in cash-strapped Sharp Corp, will broaden its supplier base, gain access to low-power thin screen technology and get a foot in the door at one of Apple Inc's key Asian display suppliers.
Affordable Hotels In Virginia Beach

The relatively low-cost deal will leave Samsung with a 3 percent stake in Japan's TV pioneer, making it a leading foreign shareholder alongside chipmaker Qualcomm Inc, which in December agreed to invest as much as $120 million. Shares in Sharp, which was bailed out by its banks last October, jumped on news of the lifeline.

It is also a rare cross-border technology deal between two rival countries and the first time the South Korean TV maker has taken a stake in a major Japanese rival. Japan's three big TV set makers, Sharp, Sony Corp and Panasonic Corp, are struggling to overcome losses as Samsung clobbers them in overseas markets.

Although Sharp is one of Samsung's smallest suppliers, its importance to the Korean company will likely grow as demand for large-screen TVs over 60 inches burgeons, analysts say. Preferential pricing could improve Samsung's competitive edge in TVs.

The deal could also niggle Apple by soaking up capacity at a plant that makes iPad and iPhone 5 screens. Analysts and industry researchers estimate that Sharp is Apple's second-biggest supplier after LG Display Co Ltd.

"An investment by Samsung will also prevent Apple from having exclusive access to Sharp," said Jeff Kang, an analyst at Daishin Securities in Seoul.

Samsung may also benefit from access to the Japanese company's screen technology.

SURVIVAL

Sharp, which got its start a century ago with mechanical pencils, makes high-resolution indium gallium zinc oxide (IGZO) screens that are thinner than conventional LCDs, require less backlighting, and consume as little as a tenth the power, giving mobile phones and other devices that use them longer battery life.

That could allow Samsung to focus more squarely on an alternative display technology, organic light-emitting diode or OLED screens as thin as a credit card. The company has yet to announce when it will manufacture OLED TVs, which its home rival LG Electronics Inc started selling in February.

Analysts covering Samsung also said it may want to tie up with or even acquire Sharp's solar panel business.

For Sharp, the deal bolsters its chances of survival not only by putting much needed cash in its coffers but by generating new business that will help it to utilize more factory capacity.

"Rather than the amount of investment, it is the partnership with Samsung that Sharp gains that is important," said Tetsuro Ii, chief executive officer of Commons AM, a Tokyo based investment fund.

"Sharp has an opportunity to use the Samsung platform."

The Japanese company has had to slash production of Apple's iPad screens at its Kameyama facility since the start of the year, sources with knowledge of its output plans told Reuters in January, as consumer demand shifts to the iPad mini, for which Sharp is not a supplier.

The deal also comes as a previous agreement for Hon Hai Precision Industry Co Ltd to buy a 9.9 percent stake for 67 billion yen ($720 million) is unraveling, given a steep decline in Sharp's share price and a reluctance by the Japanese firm to cede any management control to the Taiwanese company.

Separate sources told Reuters last month that a bank-backed revival plan for Sharp was unlikely to include a capital infusion from Hon Hai, which last year bought a one-third stake in Sharp's LCD plant in Sakai, western Japan.

That plant is the world's only so-called 10th-generation display factory, which uses bigger sheets of glass that can be cut into large TV screens with less waste and lower cost.

A Hon Hai spokesman said the Samsung deal would not alter his company's cooperation with Sharp and that investment talks were continuing between the two.

DEBT-LADEN

Sharp is also relying on a deal with Qualcomm. The U.S. company made an initial investment of half the promised $120 million amount at the end of the year in a private placement of stock, giving the U.S. company a 2.64 percent stake after dilution. Payment of the remainder is conditional on Sharp posting a profit in the six months to March 31, after it reported a 388 billion yen net loss in the previous six months.

Through its Pixtronix subsidiary, Qualcomm said it plans to work with Sharp to develop new power-saving screens based on the company's IGZO technology.

To secure a $4.4 billion bailout last year from banks including Mizuho Financial Group and Mitsubishi Financial Group, Sharp had to agree to trim its workforce by 10,000 and mortgage its offices and factories in Japan, limiting its ability to sell assets other than overseas facilities.

Sharp, which in November said it may not be able to survive on its own, may sell its Chinese TV assembly plant to Lenovo Group Ltd and is in talks to sell its Mexico factory to Hon Hai, according to sources.

A junk rating from credit agencies has also made raising money in the credit markets an expensive proposition for Sharp. Standard & Poor's rates Sharp's debt as B+, a highly speculative grade, while Fitch Ratings has Sharp lower at B-. Moody's Investors Service withdrew its rating on Sharp in April of last year.

Those limited funding options have spurred speculation that Sharp, which has to redeem a 200 billion yen convertible bond in September, will resort to further stock sales.

Yet, any major share offer in the future is unlikely because of dilution worries, said Deutsche Securities analyst Yasuo Nakane. "It will likely meet its refinancing need through a mixture of cashflow generated from profits, capital injections and asset sales," he said.

Sharp's stock closed 14 percent higher at 341 yen on Wednesday, lifted by news that a deal with Samsung, which was announced after markets closed, was imminent. Samsung's stock rose 0.7 percent.