News: Front Section

Orbitz Worldwide online travel company presents workplace strategy

If the corner office is the top perk for baby boomers, then collaborative workspace is how companies will attract Gen Y employees in the future. That tack, taken by online travel company Orbitz Worldwide (NYSE: OWW), takes center stage at the CoreNet Global Summit in Atlanta this month. The Global Summit is themed, "Finding, Getting, Keeping Talent: Defining the Future Face of Real Estate." Orbitz, whose representatives will speak on October 29th, use their new space as a recruiting tool. They'll speak about how they consolidated seven cumbersome floors down into three contiguous levels of a Chicago high-rise. The new space, totaling 141,000 square feet, has proven alluring to applicants and instills a sense of Orbitz Worldwide's unique brand and culture immediately upon entering the space. Orbitz Worldwide designed a workspace that empowered its employees to develop new product offerings, personalized customer service measures and create ways to drive consumer traffic. "Orbitz Worldwide employees have an uncommonly strong commitment to the company, and the new space projects the brand prominently," says Dr. Prentice Knight, CEO of CoreNet Global. Dr. Knight adds, "Using the physical workspace as a magnet for new talent is a growing trend among companies with younger staff. And it's working to attract employees with unconventional work patterns who keep odd hours, especially for Internet companies like Orbitz Worldwide." Katherine Andreasen, Senior VP of Human Resources will discuss Orbitz Worldwide's strategy and how it measures it at the Georgia World Congress Center on October 29th at 10:30 a.m. Ms. Andreasen will also discuss how finding and keeping talent through innovative workplace strategies can be a powerful recruiting tool.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary