Hotel occupancy falls, owners in debt

November 30, 2009


Many hotel owners are reportedly falling behind on loans and falling deeper into debt.
Miami, Florida (WiredPRNews.com) – Many hotel owners are beginning to fall deeper into debt. As reported by the Associated Press (AP), loan defaults for hotels have increased faster than other commercial real estate debt types, due to a dramatic decrease in hotel […]

Subway Sees Accidental Success

November 12, 2009


The sandwich franchise sees major success in the recession with an idea that may have never come to light.
Milford, Connecticut (WiredPRNews.com) - Subway’s $5 footlong has brought the sandwich chain considerable success during a recession that has forced many once lucrative businesses to close their doors. As reported by BusinessWeek, the fast-food restaurant may have […]

Holiday season critical for game publishers

October 30, 2009


This holiday season is reportedly a critical one for publishers of video games.
San Francisco, CA (WiredPRNews.com) – The holiday shopping season has arrived, and is expected to be a critical one for publishers of video games. As reported by Reuters, many game publishers are hoping that new releases will boost sales and make up for […]

Young Find More Opportunities in Recession

October 7, 2009


Younger individuals are finding the recession has opened the door for unexpected opportunities for them.
Press Release Service – Wired PR News – The recession has unexpectedly opened the door to more opportunities for individuals in their 20s and 30s, while seeming to take its toll on those of the baby boomer generation. As reported by […]

Recession Compels Many to Sell Their Burial Plots

September 25, 2009


Some people are choosing to sell off their burial plots in order to pay bills.
Press Release Service – Wired PR News – The recession has prompted a number of individuals to resort to selling off their burial plots in order to pay bills. As reported by The Wall Street Journal, the marketplace for plots has […]

Coca-Cola and IBM Deemed Most Valuable Brands in the World

September 18, 2009


A new report states the two brands have maintained these positions despite the recession.
Press Release Service – Wired PR News – Coca-Cola and IBM have reportedly continued to maintain their positions as the world’s most valuable brands, despite the economic downturn. As reported by the Associated Press (AP), an industry report released this week listed […]

Wal-Mart Beats Tiffany in Poll

September 10, 2009


A recent poll suggests Americans have become less materialistic after some where shown to choose Wal-Mart items over Tiffany luxury ones.
Press Release Service – Wired PR News – Americans have become less materialistic amid the recession as suggested by a recent poll. As reported by Reuters, the survey of more than 40,000 adults found a […]

Public Construction Boosted Amid Recession

September 9, 2009


Public construction projects have become less costly amid the economic downturn.
Press Release Service – Wired PR News – States are purportedly reporting decreases in building and construction project costs amid the economic downturn. As reported by the Associated Press (AP), the recession has sparked a decrease in public construction material costs and other cuts that […]

Free Moving Help Offered Online

September 1, 2009


A website offers free moving assistance to those in need.
Press Release Service – Wired PR News – An online apartment locating and moving service is offering individuals moving help for free. As reported by CBS 11 News, MoveForFree.com is available for those seeking to move in Texas or Atlanta, Georgia, with free support in these […]

New Jersey Neighborhood Most Expensive in U.S.

August 30, 2009


The priciest neighborhood in the U.S. can reportedly be found in New Jersey.
Press Release Service – Wired PR News – Alpine, New Jersey is reportedly the most expensive neighborhood in the U.S. As reported by Reuters, a report released by Forbes.com lists Alpine, which is home to celebrities such as Hip Hop mogul Sean P. […]

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