New “most expensive” cities list names Tokyo in top spot

by Katie Hammel on

The results for Mercer’s 2009 Cost of Living survey are out, and while there are some changes, most of the rankings for the most expensive cities are just about what you would expect. Moscow, Geneva, Zurich and Hong Kong are expensive (duh), as are Copenhagen, New York, Beijing and Singapore, which all took spots in the top ten. Japan took top (dis)honors with Tokyo and Osaka taking the number one and two spots, respectively. London dropped a whopping 13 spots to number 16.

Some big moves were made by Caracas, which shot up to number 15 from 89 last year, and Dubai, which jumped from the number 52 to number 20 spot. Several U.S. cities became significantly more expensive – at least, according to the rankings. Los Angeles moved from 55 to 23, White Plaines jumped from 89 to 31, San Francisco went from 78 to 34, Honolulu climbed from 77 to 41, and Miami rose from 75 to 45. My home city of Chicago rounded out the top 50 list (which has more than 50 cities on it because some are tied) as it moved up from being number 84 last year.

The survey takes into account the average cost of over 200 items in each city including food, housing, clothing, transportation, and entertainment. The survey compares 143 cities and uses New York, with a base score of 100, as the measuring stick. In the top spot with 143.7 points, Tokyo is nearly 1.5 times more expensive than New York.

The cheapest city? Johannesburg, South Africa, which replaced Asuncion in Paraguay.

Photo of the Day (7.26.09)

by Jeremy Kressmann on

Neon reminds me of roadtrips. The open road. A solitary roadside motel with a glowing neon sign, welcoming weary travelers like a beacon on a lighthouse. When I saw this neon photo by dizzylizzie129, taken in Taos, New Mexico, it had me immediately thinking about the open road. Aside from the warm glow of the blue and yellow light, I quite like this electric cowboy’s goofy grin – it has a real personality to it. I could easily imagine an encounter with this sign out on some lonely road, late at night.

Have any great travel shots you’d love to share? Why not upload them to the Gadling group on Flickr? We might just pick one of yours as our Photo of the Day.

Obamas will spend summer vacation on Martha’s Vineyard

by Katie Hammel on

When you’re the President, it’s easy to vacation in style. And that’s just what President Obama plans to do this summer. The President and his family are renting a secluded 28.5 acre retreat called the Blue Heron Farm in the small town of Chilmark on Martha’s Vineyard.

The waterfront home has a main house, 5 bedroom guest house, and a small boathouse on the water. The grounds feature a 300-yard fairway and putting green, basketball court, vegetable garden and reconstructed Pennsylvania barn. There’s also a private saltwater pond, beach, pool and dock, and a catamaran and several kayaks for the Obamas to use.

The house, which was sold in 2005 for over $20 million, is the second most-expensive piece of real estate ever sold on Martha’s vineyard and is no stranger to Presidential visits – the previous owners hosted the Clintons in 1998.

There’s no word on how much the property rents for, but comparable houses cost $35,000-$50,000 per week. The rental fee will come out of Obama’s pocket.

[via New York Post]

TSA fails again – assists illegal immigrants into the airport

by Scott Carmichael on

Every time I think I’ll give the TSA a break, they manage to make it back into the news with something so stupid it makes me shiver.

This time, the TSA escorted 9 workers into a secure area at Orlando airport, and left them behind to do their work. The proper procedure is to escort the workers and stay with them for the duration of their work inside the terminal.

Working off a tip, the US border protection investigated the workers, and discovered that they were all illegal immigrants.

Six of the men will be deported immediately, two will be eligible for a hearing to decide whether they can stay here. The ninth immigrant was wearing an ankle monitoring bracelet, has been deported twice and was busted for a DUI.

As usual, the TSA spin on the story is that this was not a security threat, as the workers went through the normal security checkpoint procedures, so of course, that makes everything A-OK in their eyes.

Some hotel futures at risk

by Tom Johansmeyer on

The number of hotels defaulting on their loans surged 125 percent in May and June this year. Travel is down (no shit), which has an obvious effect on the top line. When there’s no money coming in, it’s hard to send cash out to meet some pretty hefty obligations. So, if none comes in, none can go out … and defaults start to rise.

Some high-profile properties have defaulted already, including the Four Seasons and Renaissance Stanford Court Hotel – both in San Francisco – and the W Hotel in San Diego. Nobody’s safe in this market. Outside California, 13 hotel loans adding up to $596 million became delinquent in June alone. Most of the carnage came from Phoenix, Las Vegas and New York City.

Of course, the defaults don’t spell the end for these properties. There is always the chance that the loan terms can be changed or the hotels can be sold. There’s a long way between defaulting loans and closed doors.