Teya Vitu for The New Mexican writes: A San Francisco Bay-area boutique hotel chain with a dozen properties is expanding in Santa Fe. Redwood City, Calif.,-based Concept Hotel Group bought the Guadalupe Inn bed and breakfast at 604 Agua Fría St. on Dec. 14. The chain first entered the Santa Fe market in 2017 with the Sage Hotel. It acquired the Super 8 in late 2019 and remodeled it into Coyote South, reopening in June 2020, and...
On Wednesday, the Fed raised interest rates a quarter point, making it the eight time that they’ve adjusted the bank rate in the last 12 months, and putting interest rates at their highest level since 2007. The banking industry anticipates more increases totaling an additional three-quarters hike by the end of 2023. The Fed’s main if imperfect tool to combat inflation, higher interest rates come when many business owners are ready to exit their business and...
The business world is abuzz about ChatGPT, an AI-based conversational agent that is innovating how large and small businesses interact with customers. Other AI-based technologies are streamlining content development for marketing and outreach. While this technology is still new, small business owners in both the service and retail sectors are moving beyond the experimentation phase and integrating it into their operations. The South Bend, Indiana hair salon Hair Crafters uses a ChatGPT bot to automate appointment...
The Training and Transition phase can be vital for helping a business buyer get off on the right foot once they have closed on the purchase of a business. It’s one of the most immediate and important steps for setting them up for success, but it often comes as an afterthought for both the buyer and seller. Why? A business buyer doesn’t know what they don’t know, and a seller can be challenged to come...
Simply put, there is no one-size-fits-all answer. A confluence of factors affects when your business might sell, and it’s best to go in this process with realistic expectations. There are things outside of your control, but there are also actions that you can take before you list that will help you better the odds. What Are the Market Conditions? The market is dynamic and variable as demonstrated by the past few years. When the global pandemic shut...
Santa Fe Restaurant Week kicks off on February 20th and lasts through March 3rd. After a two-year hiatus, this popular annual event resumes with 31 restaurants participating. Anchoring Santa Fe's winter schedule, it's an opportunity for local chefs to showcase their talents with prix fixe dinners and lunches. Featuring a range of price points, Santa Fe foodies as well as those just looking to socialize with friends get to partake in a range of cuisines...
Santa Fe beat out Boulder, Colo., Key West, Fla., Boulder, Colo. and Fresno, Calif. to earn Airbnb's second place ranking as one of the most hospital destinations for digital nomads. According to Airbnb's North American Digital Nomad Index, one in five guests used the rental marketplace to work remotely while traveling, earnings hosts a combined $2 billion in long-term stays. Read more at The Thrillist....
In its 2022 rankings of America's best small towns for art, Travel+Leisure magazine shined the spotlight on New Mexico's funky and eclectic Madrid. "The old mining town was reborn as an art colony, and a hippie vibe prevails at the many galleries and boutiques. In addition to an abundance of artisan-made jewelry, the galleries feature ceramics, sculptures, paintings, and photography." Read about the other small towns that artfully punch above their weight at "9 Best...
Santa Fe has long been celebrated as a destination for the arts, rest, relaxation and great food, attracting visitors from around the US and abroad for years. This hasn't gone unnoticed by readers of Travel+Leisure magazine, who year after year propel the City Different into the top three slots for the magazine's annual "15 Best Cities in the U.S." Emerging from the pandemic's stay-at-home routine, many frustrated travelers have been eager to hit the road...
American data-scientist, author and New York Times' op-ed contributor Seth Stephens-Davidowitz just came out with his latest book Don't Trust Your Gut (Harper Collins, May 2022). Subtitled "Using Data to Get What You Really Want in Life," Stephens-Davidowitz pours through scholarly research on dating profiles, tax records, career trajectories and other massive troves of data to answer the age-old question: What Makes Us Happy? Stephens-Davidowitz answers are surprising and counter-intuitive. Relevant to buying and selling businesses...
Thanks again to Teya Vitu with the Santa Fe New Mexican for this helping to celebrate Marcel and Stephanie's recent acquisition of the Bouche Complex near the corner of West Alameda and Guadalupe. The owners and originators of the wildly successful the crepery and bakery Fleur de Lys in Los Alamos, they promise to bring their Parisian-accented magic to the downtown. What a pleasure it was to work with them on this transaction. Read Teya's article...
This year, Santa Fe made Time's list of the World's Greatest Places....
Albuquerque ranks #9 on the list for Women in Tech, according to a 2021 study conducted by SmartAsset. As tech opportunities migrate out of Silicone Valley, still considered the premier high-tech hub, women are enjoying increased options. "Women can seize tech opportunities in Virginia, Maryland, North Carolina, Colorado, Texas, Ohio, New Mexico, Florida, Pennsylvania, Arizona, Georgia and Washington D.C.," says SmartAsset. Women still face a large pay gap compared to what men make in this...
Angel Fire is opening for summer fun on May 14th. MTBParks.com recognized Angel Fire as the #1 bike park in the Southwest. Angel Fire maintains over 100 miles of downhill and cross-country green belt trails for all ability levels that also ties into the National Forest trail network, including the highly praised South Boundary Trail. The bike park will offer the longest season in its history, with 131 days of riding. Read more about its...
Not only is Albuquerque rife with fund things for families to do but its central location in the middle of the state makes it a convenient hub for exploring New Mexico's various outdoor amenities and National Monuments. Conde Nast cites it as one of the best family vacation spots throughout the year. "[T]here’s something to suit every preference. And Albuquerque, with its easy access to national parks like White Sands and Carlsbad Caverns, and unmatched...
