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August 17, 2018

Thursday's Afternoon Update

What you need to know about Florida today

| 4/19/2018

South Florida home values still below peak prices

South Florida’s economy seems to be firing on all cylinders. Unemployment is back below 4 percent, construction activity has rebounded and home values have bounced back. And yet: Median home prices in Palm Beach, Broward and Miami-Dade counties remain nearly 14 percent below their boomtime highs. More from the Palm Beach Post.

Home-sharing giant Airbnb faces Collier County lawsuit

Home-sharing company Airbnb has worked out most of its kinks in Florida, but it still faces controversy – and the occasional lawsuit. Much of the discord centers on the bed tax most counties charge on short-term lodgings. More from the Naples Daily News.

Richard "Rich" T. Hume

Tech Data names Rich Hume to take over as new CEO

Tech Data, Tampa Bay’s largest public company, has named Richard "Rich" T. Hume as its new chief executive officer, effective June 6. Hume, Tech Data’s executive vice president and chief operating officer since joining the company in 2016, takes over for Robert Dutkowsky, who will transition into the role of executive chairman of the board. See the company announcement here, and read more at the Tampa Bay Times.

Sarasota Memorial named one of 39 ‘exceptional workplaces’ in US

Gallup, the venerable polling organization that keeps daily tabs on presidential approval ratings and other shifts in the national mood, has named the Sarasota Memorial Health Care System as one of 39 “exceptional workplaces” in the country. More from the Sarasota Herald-Tribune.

Orlando International Airport drops dispute with TSA over security lines

Orlando airport authorities on Wednesday formally stepped off a controversial path toward ousting TSA officers in favor of a private security force. Orlando International would have been the nation’s first large airport to make such a move. More from the Orlando Sentinel.

Business Profile
Axe Throwing Tampa

 If bowling doesn’t involve enough sharp objects for your liking and playing darts just isn’t sufficiently evoking your inner lumberjack anymore, a new business in Tampa may have the solution. Hurling axes across a room is perfect for date nights, family outings and corporate team building say the operators of Axe Throwing Tampa, which opened last week in Town ‘N’ Country.

» More from the Tampa Bay Times.


Tourism Trends
Where the Amish go on vacation

floridaEach winter, for close to a century now, hundreds of Amish and Mennonite families have travelled from their homes in icy quarters of the U.S. and Canada to Pinecraft, a small, sunny neighborhood in Sarasota, Florida. Arriving on chartered buses specializing in the transportation of “Plain people” from areas such as Lancaster, Pennsylvania, and Holmes County, Ohio, they rent modest bungalows and stay for weeks, or sometimes months, at a time.

» Read more from the New Yorker.

Tags: Daily Pulse, Afternoon Pulse

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Florida Trend Video Pick

Facing South Florida
Facing South Florida

The US-China trade war & the business of Florida lobster.

Earlier Videos | Viewpoints@FloridaTrend

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Have you encountered either the toxic algae or the red tide plaguing Florida this summer?

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