The Biz Buzz

The News Tribune Business Team will keep you updated on what's happening in the South Sound and beyond. Check here for news about economic development, aerospace, shopping and much more.

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Got something to say? Here's the place to say it. We welcome your comments on what's going on in business in the South Sound that we should be discussing, reporting or analyzing here on our blog or in the pages of The News Tribune.

Contributors

Marce Edwards is the business editor. She has been at The News Tribune for seven years and has written about technology and big businesses in the South Sound including Weyerhaeuser and Russell. Before moving to Tacoma, she worked at The Idaho Statesman in Boise. She is a Northwest native who likes to garden and refuses to use an umbrella. She lives in Tacoma with her husband and two kids.

C.R. Roberts is a Tacoma native. Before joining The News Tribune, he worked as a freelance writer and part-time cowhand on a cattle ranch in Northern Idaho. He writes about small business, personal finance and other business issues.

John Gillie writes about the aerospace and airline industries, commercial development and consumer issues. During his 30-year-tenure at The News Tribune he has covered issues as diverse as the Native American fishing rights disputes, crime and the courts, the wood products industry and energy. He lived in Tacoma with his family for 25 years, but now lives in Kent because his wife heads a five-state non-profit foundation headquartered in Ballard, and it only seemed a sensible compromise to make considering their workplaces are 40 miles apart.

Kelly Kearsley has been a business reporter at The News Tribune since 2005. She covers the Port of Tacoma and international trade. Being born and raised in Spokane she’s used to living in cities with inferiority complexes and, in fact, prefers it. Prior to working at The News Tribune, she spent three years as a reporter for The Bulletin in Bend, Oregon and another year working stints for The Associated Press and Seattle Times. She graduated from Pacific Lutheran University. She lives in Tacoma with her husband and miniature schnauzer.

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Get the most up-to-date news, insights and analysis of Tacoma, Pierce County and South Puget Sound business.
Friday, December 12th, 2008
Posted by C.R. Roberts @ 04:12:53 pm

While the occupancy rate of hotels in all regions of the state either fell or were unchanged in October, the rate for Pierce County hotels rose 11.1 percent compared to the same month last year.

In October, 74.8 percent of Pierce County rooms were taken, compared to 67.3 percent a year ago, according to Bellevue hospitality consultant Wolfgang Rood.

Statewide, the occupancy rate fell 5.7 percent. Everett and Snohomish County saw the greatest decline, at 13.9 percent, while the rate in downtown Seattle was unchanged.

The cost of a room in Pierce County likewise rose in October, up 10.2 percent to $86.28. This marked the state’s highest rate of increase, with rates statewide falling 0.7 percent to $135.31. Other than in Pierce County, only Southwest Washington and the Tri-Cities saw increases, at 2.7 percent and 1.1 percent respectively.

Downtown Seattle continued to mark the state’s highest average rate, at $178.58. The rate in Southwest Washington was the lowest, at $81.76, Rood said.

Categories: General, Tourism
Posted by Kathleen Cooper @ 12:38:38 pm

The Seattle Times reports that Quadrant Homes has stopped building and selling at The Ridge in Gig Harbor.

The 120-lot development off Borgen Boulevard was to hold 1,500-3,100 square-foot homes for $259,000-$342,900, according to the story.

Peter Orser, Quadrant Homes president, told the paper that the decision was "a suspension, not an abandonment" and that the stoppage would be temporary. But he acknowledged that the move was significant and attributed it to the contracting economy.

Have you bought a home in The Ridge? Or had you started the process of buying there? We want to hear from you. E-mail kathleen.cooper@thenewstribune.com with your name and a daytime phone number.

UPDATE: Orser said Friday afternoon that The Ridge has 14 homes that are in the process or are completed. Five of those are models, so nine customers "have determined that they want to occupy the home," Orser said.

"They feel pretty good about the value they're getting," he said.

When Quadrant decided to suspend operations at The Ridge, Orser said the company contacted everyone who was under contract to buy there and offered them the chance to change their mind.

"This is a difficult situation (so we told people that) it's your choice and we'll honor that," he said.

Orser said the issue is trying to figure out how to build homes in today's environment, which is affected by "multiple and complex" issues. He said no one thing was driving the suspension.

As for when The Ridge will get rolling again, Orser said there was no timeline given the economic conditions.

"This is a national and international event, so we're reviewing every project, every day, literally," he said. "I don't foresee (suspensions) in any of our other projects, since the circumstances here were different." He declined to elaborate on the circumstances.

Posted by John Gillie @ 06:59:05 am

Sometimes well-intended efforts can have unintended consequences.

Take the federal government's new report of notable airline ground delays that debuted this month.

Because the system for collecting that data isn't yet perfected, SeaTac's Alaska Airlines got unfairly slammed in a government report.

The government's Bureau of Transportation Statistics reported that Alaska's Oct. 23 Flight 75 from Seattle to Juneau, Alaska, had the second longest ground delay of October, some four and a half hours.

A ground delay is when a plane is either unable to take off or unable to reach the gate to complete its flight and passengers suffer from hours of involuntary confinement.

Such notable incidents as JetBlue's Valentine's Day debacle at JFK where hundreds of passengers spent multiple hours on the ground in aircraft awaiting clearance to take off come to mind. Food and water was exhausted in some cases and toilets were reaching capacity.

Alaska spokeswoman Caroline Boren said that's not what happened with Flight 75. The flight left Seattle on time, flew to Juneau but was unable to land because of the weather. The flight then returned to Seattle.

To the government's computer's, however, it looked as if the plane left the gate and then returned to the gate four and a half hours later. Computer thinks ground delay.

"This is something we're going to be talking to the government about," said Boren. "It's a glitch in the system."

Categories: General, Aerospace, Tourism