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.
Monday, March 9th, 2009
Posted by C.R. Roberts @ 02:40:56 pm

When Tammy Blount, president and CEO of the Tacoma Regional Convention + Visitor Bureau, has used the words “grit” or “gritty” to describe Tacoma, lately known as “Grit City,” she meant that the town is authentic, honest, real, gutsy and down-to-earth.

“We say what we mean,” she said last week.

But now, someone has suggested she stop using the word. She won’t say who, only that “it’s been suggested by some folks.”

These folks think “grit” implies something, well, unclean, unswept, unfinished, sandy – dirty.

So Blount wants a new word. Something that says authentic, honest, real, gutsy, down-to-earth, brave, clean, loyal and maybe even cheerful. A word that’s true and strong. Maybe it’s a slogan, maybe just a word. She’s leaving it open to the imagination of readers.

And she’s offering a wonderful prize - a handblown glass artifact, “The Mountain in Glass,” produced by Tacoma Glass Blowing Studio.

So get out your thesaurus and gas up the thinking machine. Ruminate, reflect and please ponder this for a moment. Send your entry to c.r.roberts@thenewstribune.com.

Thanks.

Categories: General
Posted by C.R. Roberts @ 02:05:44 pm

Hotel occupancy rates were down in all nine regions of the state in January, with downtown Seattle marking the greatest decline and the Tri-Cities the least.

The occupancy rate for Pierce County hotels and morels dropped 6.7 percent for the month, compared to January 2008, according to a report by Bellevue hospitality consultant Wolfgang Rood. The rate for downtown Seattle dipped 23.2 percent; for the Tri-Cities 2.8 percent; and the statewide rate fell 15.5 percent, Rood said.

The rate for Pierce County facilities showed 54.8 percent of rooms occupied, compared to 58.8 percent a year before.

The average daily room rate fell in seven of the state’s nine regions, with Tacoma-area rooms down 0.7 percent to an average rate of $75.94. The statewide rate, $111.26, was down 7.3 percent.

Bellevue hotels saw the greatest decline in rates, down 8.9 percent to $144.05 – currently the state’s highest average room rate. Only in Southwest Washington and the Tri-Cities did the average cost of a room increase.

While Washington’s statewide occupancy rate in January was down to 47.9 percent of rooms occupied, Oregon hotels saw their occupancy rate dip 19 percent, to 46.6 percent of rooms taken for the month, Rood said.

Categories: Tourism
Posted by Whitney Coleman @ 12:35:57 pm

The home of rock legend Jimi Hendrix will soon be home to another American icon—Hard Rock Café. The Seattle café is set to open this July, located within a mile of the Seattle Center Arena where Hendrix first performed at 116 Pike St.

The new restaurant will feature two floors of dining space and rock memorabilia as well as an open-air rooftop deck, totaling 14,000 square feet.

Builders of the café also plan to stay true to Hard Rock’s “Save the Planet” creed by adhering to environmentally sustainable standards for the construction of this energy-efficient building, according to the press release.

The restaurant is known for its American food menu served in a high-energy rock museum atmosphere.

Hard Rock International also has plans to open restaurants in Italy, Spain and Aruba as well as a fourth location in India.

Categories: Aerospace, Restaurants, Tourism
Posted by Kelly Kearsley @ 11:52:56 am

UPDATE: Tacoma is hosting one-on-one meetings only. To register, please contact Mariam Anderson at manderson@wtcta.org.
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Trade representatives from the Washington State Department of Community, Trade and Economic Development (CTED) will be in Tacoma next week to help local businesses explore global trade opportunities.

The one-on-one meetings are part of CTED's annual Washington State Trade Week events. The events feature the state's trade representatives from countries including China, Taiwan, Korea, Japan, Mexico and Europe, according to a CTED news release.

The trade representatives will be available to provide advice to current exporters and people contemplating a new business. The representatives assist Washington companies with finding overseas buyers and distributors, finding resources to help companies with legal, regulatory and financial issues, and navigating the process of selling overseas.

The Tacoma seminar runs from 3 p.m. to 5 p.m. March 18 at the Port of Tacoma Fabulich Center.

Contact Mariam Anderson at manderson@wtcta.org to register for the seminar or Julie Bennion at julie.bennion@cted.wa.gov to attend one-on-one meetings with trade representatives. Space is limited.

“We’re ready to help Washington companies develop or expand their export sales and increase their presence in the global marketplace,” said Mark Calhoon, Interim Assistant Director of the CTED International Trade and Economic Development Division. “This event brings our on-the-ground trade experts to communities around the state.”

Categories: Port and trade
Posted by John Gillie @ 06:50:21 am

More than two years after formal negotiations began, Alaska Airlines and its pilots have reached a conceptual agreement on a new four-year contract.

The negotiations have been difficult because of what's at stake for both sides.

The pilots naturally wanted to regain ground lost four years ago when an arbitrator imposed wage cuts on them as large as 35 percent.

The company, although faring better than some of its competitors, has been battered first by high fuel prices and then, most recently, by steeply falling demand and declining fares.

Last month, Alaska saw its traffic drop 10 percent.

Neither side has given any specifics, and some of that language still must be worked out.

Expect to see the details in a week or two. I'm guessing we'll see moderate raises and perhaps a few instances where the airline didn't achieve all of its benefit cost changes.

Pilots will vote whether to accept or reject the pact after the specifics are out.

Neither side can afford a strike in a business environment that's the worst in decades.