Benihana Inc. Reports Fiscal Third Quarter 2009 Results

Hotel Capitalization Rates Weaken Further

Jack in the Box shares drop following profit dip

HOST HOTELS & RESORTS, INC. REPORTS RESULTS OF OPERATIONS FOR THE

For the full year 2008, net income decreased $300 million to $427 million and net income from continuing operations decreased $144 million to $402 million compared to 2007.

Dennys Results

See the conference call transcript

http://seekingalpha.com/article/121340-dennys-corporation-f4q08-earnings-call-transcript?

Pub Sold for GBP77K

This is interesting

Martinique International Airport, all hotels open and operating normally despite strike

Stories should only be published when there ISN'T a strike. That would be easier.

Canadian hotels not immune to downturn

Heineken's annual profit decreases 74%

This article is pretty deceiving. Revenues up 24% and profit way down?

If you look on the Heineken web site the story is that there were a lot of writeoffs of goodwill
"However, the exceptional economic circumstances required us to reduce the value of goodwill in Russia, our investment in India and in our pub portfolios in the UK. These non-cash exceptional charges, together with low profit contributions of new businesses and the related financing costs resulted in a substantially lower reported net profit."

More fallout from the UK PUB business. Here is the link to Heineken

http://www.heinekeninternational.com/090218heinekennvfullyearresults2008.aspx

Latin America's Hotel Construction Pipeline at 616 Projects

It states that 55% are under construciton.