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Business Today NC

September 2016 Published monthly

YEARS

Business Intelligence for the Golden Crescent: Lake Norman • Cabarrus • University City

NEWS INSIDE Business Finance

Manufacturing, logistics could be attractive to venture capitalists Page 2

Top Women

There are 24 nominees for 12th Annual Top Women in Business Awards Page 4

Cabarrus

Volume 15, Number 6 $1.50

Millennials staying on hotel radar By Donald White Innovation and cutting-edge technology are the name of the game in travel and tourism as millennials make their needs and preferences known when they stay in hotels in the Golden Crescent and beyond. “Hotel amenities such as robust Wi-Fi and social spaces are very important to millennials,” said Doug Stafford, principal at Griffin Stafford Hospitality. Area hotels are working hard to keep up with the high-tech demands of younger guests. Hotels such as the Charlotte Marriott City Center are upgrading their customer experience to keep up with the way younger guests live, work and play. The Marriott has been named an In-

Lobby offers ‘face-to-face interaction’

novation Lab hotel, a move it touts as a total reinvention. The reimagined Marriott includes new options for guests when they arrive, such as a mobile key and a feature that allows

travelers to check in via an app. It also includes features like tapto-order room service, flexible meeting spaces featuring shared-

As millennials drive major changes to the hospitality industry, even smaller hotels that generally cater to a slightly older clientele are being affected by the latest technological trends. The Davidson Village Inn, an 18-room hotel across from Davidson College, is not a major destination for millennial travelers. But innkeeper Gordon Clark says that doesn’t completely insulate it from the customer

See HOTELS Page 18

See BOUTIQUE HOTEL Page 18

torsports. Owners Glenn and Alana Long are engineering development partners for the Global MX-5 Cup, the signature spec series for Mazda Motorsports Mazda Road to 24, a program for young racers that provides a series of scholarships and a well-defined ladder to reach the highest levels of racing in North America. Mazda calls its motorsports arm “the most comprehensive auto racing development ladder system of any auto manufactur-

er in the world.” Mazda’s Road to 24 program helps drivers advance by offering scholarships to drivers, as does its Road to Indy, which culminates in Indy Lights. The Indy Lights winner gets a $1 million scholarship and will race in the Indianapolis 500. “In grassroots road racing, more Mazdas race on any given weekend in North America than any other manufacturer,” said Dean Case, Mazda spokesman.

Mobile check-in at Courtyard by Marriott - Lake Norman

Mazda affiliate revs up racing for newcomers

HOT PROPERTIES

Pages 20-21

New investments column

19209 Hidden Cove Lane in Cornelius has sold for $1.3 million Page 22

See MAZDA Page 19

Glenn Long discusses features of his cars at Long Road Racing

RECORDS Transactions Cabarrus 14 Mecklenburg 14 Mooresville 14 Foreclosures Cabarrus 16

Mecklenburg 16 Mooresville 16 Corporations Cabarrus 16 Mecklenburg 16 Mooresville 16

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PRSRT STD US POSTAGE PAID WINSTON-SALEM, NC PERMIT NO. 319

Kannapolis gets to first base with plans for a downtown stadium Page 8

DATED NEWS - POSTMASTER PLEASE DELIVER BY 9/2

Sports business

By Erica Batten NASCAR’s shrinking race attendance might seem to spell trouble for the auto racing industry. But this trend may, in fact, indicate a shift in the motorsports world toward grassroots road racing. In the modestly-sized Statesville facility that was once home to NASCAR’s Travis Carter Enterprises, Long Road Racing has not only found a perfect fit, it has also found its way into an up-and-coming niche of mo-

Business Today P.O. Box 2062 Cornelius, NC 28031

Mayor Scott Padgett discusses redevelopment in Concord, including wider sidewalks for outdoor dining downtown Pages 6-7

Investment advisor Chris Davis pens ‘You & Your Money”

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Business Today - September 2016  
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