Business Blog

Partnership between state’s academic medical center and for-profit hospital group could help keep more paying patients in state In response to rising healthcare costs and the uncertainty of federal healthcare reform, health care providers nationwide are consolidating, and academic medical centers and for-profit hospitals are entering into partnership agreements. The University of Mississippi Medical Center [...]

In its first year of operation, a convention center hotel in Jackson would achieve a revenue-per-available room rate more than double the current rate for Jackson’s downtown hotel market. That’s the ambitious projection of a market feasibility study done for potential hotel development partner Transcontinental Realty Inc. of Dallas and on which city officials appear [...]

Lack of a convention headquarters hotel has been blamed for the Jackson Convention hotel complex losing $12 million in business last year. But the 330,000-square-foot complex has lost far more meetings and convention business since its late 2009 opening for reasons other than available hotel space, a study by H.C. Johnson Consulting of Chicago found. [...]

When an initial market study for a convention hotel in Savannah, Ga., made rosy predictions for occupancy rates for the proposed 500-room hotel, the board that governs the city’s convention center responded with a “not so fast.” Like Jackson, Savannah has concluded that its convention center, known officially as the International Trade & Convention Center, [...]