SAN JUAN, Puerto Rico - Starwood yesterday said its Sheraton Nassau Beach Resort at Cable Beach had seen a 10 per cent revenue increase in 2009, and confirmed to Tribune Business its brands were still committed to the delayed $2.6 billion Baha Mar project.
Andrew Neubauer, director of sales and marketing for the Sheraton Nassau Beach Resort, said that despite the delay in the project, four Starwood brands will be present when the Baha Mar vision is realised.
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Tuesday, January 12, 2010
Older women and younger men? Not on Carnival Cruise Lines
Apparently cougars put on more of a party than the Fun Ships can handle.
Carnival Cruise Lines has turned away a singles group that promotes cruises and other social events for cougars and cubs -- older women and younger men who, um, court each other.
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Carnival Cruise Lines has turned away a singles group that promotes cruises and other social events for cougars and cubs -- older women and younger men who, um, court each other.
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NYC proposes national salt reduction plan for restaurants
The New York City Health Department has announced that it is coordinating a nationwide effort to aid heart attack and stroke prevention by reducing the amount of salt in packaged and restaurant foods.
The National Salt Reduction Initiative, a coalition of cities, states and health organizations working to help food manufacturers and restaurants voluntarily reduce the amount of salt in their products, plans to reduce Americans’ salt intake by 20 percent over five years. The initiative is targeting packaged and restaurant foods because nearly 80 percent of sodium in Americans' diets is added to foods before they are sold.
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The National Salt Reduction Initiative, a coalition of cities, states and health organizations working to help food manufacturers and restaurants voluntarily reduce the amount of salt in their products, plans to reduce Americans’ salt intake by 20 percent over five years. The initiative is targeting packaged and restaurant foods because nearly 80 percent of sodium in Americans' diets is added to foods before they are sold.
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Cheesecake Factory: revenue steady in 4th quarter
CALABASAS HILLS, Calif. (AP) -- The Cheesecake Factory Inc. said Tuesday that its preliminary fourth-quarter revenue held steady while sales in established locations dipped slightly.
The restaurant chain said sales for the period that ended Dec. 29 were $401 million compared with $400 million during the same quarter in 2008.
Meanwhile, sales in locations open at least a year dipped about 1 percent, with sales down 0.7 percent at the company's namesake locations and down 3.9 percent at Grand Lux Cafes.
Sales in restaurants open at least a year are an important retail industry measure that tracks sales in established stores, rather than newly opened ones.
They declined 2.8 percent in the preceding third quarter, and Cheesecake Factory said the sequential improvement was "driven almost entirely by guest traffic."
The restaurant chain said sales for the period that ended Dec. 29 were $401 million compared with $400 million during the same quarter in 2008.
Meanwhile, sales in locations open at least a year dipped about 1 percent, with sales down 0.7 percent at the company's namesake locations and down 3.9 percent at Grand Lux Cafes.
Sales in restaurants open at least a year are an important retail industry measure that tracks sales in established stores, rather than newly opened ones.
They declined 2.8 percent in the preceding third quarter, and Cheesecake Factory said the sequential improvement was "driven almost entirely by guest traffic."
rwood Announces First of Three Luxury Collection Hotels to Debut in Peru
NEW YORK--(BUSINESS WIRE)--Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT - News) in a franchise agreement with Libertador Hotels, Resorts & Spas, today announced the opening of Hotel Paracas, a Luxury Collection Resort, marking the debut of the first of three Luxury Collection hotels opening in Peru over the next two years.
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Ex-Hilton CFO La Forgia Launches Hotel Asset Management Group
HENDERSON, NEVADA — A group of hotel and casino industry executives led by company founder and principal Robert M. La Forgia announce the launch of Apertor Hospitality LLC, an asset management and advisory firm serving the hospitality and gaming industries with a team of industry professionals based throughout the United States.
Highly relevant to today's rapidly evolving economy, Apertor offers a full complement of advisory services tailored to existing owners, investors and lenders with exposure to financially struggling hotels and casinos, as well as to new entrants looking to take advantage of current market conditions. Comprised of proven industry veterans and leaders, the dedicated team offers customized strategies designed to enhance and optimize asset value and investment returns for their clients.
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Highly relevant to today's rapidly evolving economy, Apertor offers a full complement of advisory services tailored to existing owners, investors and lenders with exposure to financially struggling hotels and casinos, as well as to new entrants looking to take advantage of current market conditions. Comprised of proven industry veterans and leaders, the dedicated team offers customized strategies designed to enhance and optimize asset value and investment returns for their clients.
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For sail: 200 homes on a cruise ship
About half of the cabins on the $1.1-billion Utopia, set to launch in 2013, will be offered as permanent residences ranging from about $3.7 million to $26 million
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McDonald’s Names New President and COO
PRESS RELEASE - (Oak Brook, Illinois) - - Jim Skinner, Chief Executive Officer of McDonald’s Corporation, today announced that Don Thompson, currently President of McDonald USA, has been elected to the role of President and Chief Operating Officer, with oversight responsibility for the company’s 32,000 restaurants worldwide
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