NEW YORK CITY-Results of a survey unveiled last night at the NYU Hospitality Conference reveal that only 58% of polled lodging firms have a formal E-business strategy. Expect the amount of online business to triple in three years.

MIAMI-The subsidiary of Los Angeles-based ABM Industries will manage 1,100 parking spaces and valet services in the 55-story First Union Financial Center, the state's tallest office tower. The value of the contract wasn't disclosed.

LAKE FOREST-The 14,425-sf, multi-tenant Bake Parkway Auto Service Center has been sold to a family trust. The property is located in Lake Forest's Pacific Commerce Center. The seller is Barrett Heritage.

LOS ANGELES-The locally based firm has unveiled a five-point reinvestment program that will provide funding for additional acquisitions, expansion into new growth markets and the hiring of new talent.