Jun 1, 2018

Tourism Investments ‘pay Off’

By Sherri Crawford, posted Jun 1, 2018

New Hanover County’s travel economy continues to thrive, with visitor spending up several million dollars over the previous year, according to state data. What’s more, local travel officials also released numbers that confirm the industry’s growing impact, in light of the approaching high travel season.   An economic impact study by Visit North Car ...

May 15, 2018

Owner Ends Auction For Frying Pan Tower

By Cece Nunn, posted May 15, 2018

A former U.S. Coast Guard light station that was turned into an ocean bed and breakfast six years ago is no longer up for auction. But the auction process that he started May 3 led current owner Richard Neal, who bought the tower in 2010 for $85,000, to a decision.  "My understanding from the people that have contacted me for the auction is that individuall ...

May 11, 2018

Local Tourism Leaders Reflect On Industry, Then And Now

By Christina Haley O'Neal, posted May 11, 2018

New Hanover County's tourism industry is growing and the numbers show it. The amount collected during the first year of room occupancy tax collection in New Hanover County, 1986, was a little over $550,000. Recent totals show how much the industry has grown, with more than $12 million collected last year.  The figures were presented by Kim Huf ...

Ico insights



Chris Hinnant
Barnwell Whaley Patterson & Helms, PLLC

Intellectual Property Can Add Value to Your Hospitality Business

Posted Jun 4, 2018
This Insights article was contributed by Todd M. Hess, partner with Barnwell Whaley Patterson & Helms

Elon Musk, chief executive of Tesla, has recently taken on Warren Buffet, chief executive officer of Berkshire Hathaway, regarding Buffet’s view that he values companies with a “moat,” which includes brand strength the company has relative to its entire article
May 10, 2018

Wilmington Hotel Purchased For $13M

By Christina Haley O'Neal, posted May 10, 2018

The Staybridge Suites in Wilmington recently changed hands for more than $13 million and is set to be renovated in the near future. Hunter Hotel Advisors represented TriGate Capital, based in Dallas, and Beacon Investment Management Group in the sale of the 92-room hotel Staybridge Suites at 5010 New Centre Drive in Wilmington, according to a news release from the Atlan ...

May 4, 2018

Hospitality Industry Needs Workers

By Sherri Crawford, posted May 4, 2018

Demand for Wilmington-area restaurant and hotel workers is rising and the supply is starting to struggle to keep up.   As new hotels open and the number of local restaurants continue to grow – currently there are 541 Trip Advisor-reviewed restaurants alone in Wilmington – some establishments are finding themselves concerned about being short-staffed. &n ...

May 3, 2018

The Frying Pan Tower, a former U.S. Coast Guard light station turned ocean bed and breakfast, is up for auction. The auction for the tower, which is about 25 miles southeast of Bald Head Island, began Thursday with a starting bid of $10,000, bid increments of $3,000 and a $5,000 deposit required. The tower is only accessible by boat or helicopter. "It's ...

Apr 17, 2018

Landmark Hotel Marks $10M Renovation Project

By Jessica Maurer, posted Apr 17, 2018

Sotherly Hotels Inc. has completed its $10 million renovation of Hotel Ballast, formerly the Hilton Wilmington Riverside, at 301 N. Water St. in downtown Wilmington. The company is celebrating a grand unveiling this week of the landmark property's refreshed interior and exterior and rebranding, which were announced last year. “We are excited to complete thi ...

Apr 6, 2018

Historic Site Boosts Visitor Spending

By Sherri Crawford, posted Apr 6, 2018

Fort Fisher State Historic Site took bronze in a recent survey of most-visited North Carolina attractions, but another label gives it the gold. With 871,676 visitors in 2017, the tourist destination is No. 1 when it comes to the state’s historic sites, according to N.C. Department of Natural and Cultural Resources officials. Drawing nearly 42,000 more visitors las ...

Apr 6, 2018

Aquarium Sees Record Number Of Visitors

By Sherri Crawford, posted Apr 6, 2018

Officials with the N.C. Aquarium at Fort Fisher said it hosted 484,118 visitors in 2017, a number originally underreported in a survey of the state’s most-visited attractions by Carolina Publishing and Associates. What’s more, the accurate number marks the Kure Beach attraction’s highest attendance in 41 years. As for the recent annual survey, half of ...

Mar 9, 2018

Local Craft Brewery Events Draw Visitors

By Sherri Crawford, posted Mar 9, 2018

It’s no secret now that craft beer is big business. And as the number of local breweries continues to grow, they’re impacting the area economy in more ways than one. From eight breweries opening since 2014 to today’s 15 breweries in Brunswick, New Hanover and Pender counties, there’s no sign of slowing. In fact, five more breweries are slated to ...

Ico insights


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Adding Value to Business Through Internships

Rob Beale - W.M. Jordan Company
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Who’s Helping Whom?

Susan Willett - Old North State Trust, LLC
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Majority Rules: The Legal Impact of Your Kids Turning 18

Geoffrey Losee - Rountree Losee LLP

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In The Current Issue

Labor Market Checkup

The demand for health care workers in an area like the Cape Fear region is expected to remain healthy for years to come, experts say....

Millennials And Money

The age demographic that now represents the largest percentage of the workforce doesn’t feel confident about its saving and investing habits...

Construction Zone: Updates On 4 Commercial Projects

Current commercial building activity in Wilmington includes retail and office space, with more planned in the coming years throughout the ar...

Book On Business

The 2018 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

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2018 Power Breakfast: The Main Event
2018 WilmingtonBiz Expo - Keynote Lunch with Eric Dinenberg, Rouse Properties
2017 Health Care Heroes