Here is the link to the conference call transcript
http://seekingalpha.com/article/121642-red-robin-gourmet-burgers-inc-q4-2008-earnings-call-transcript?source=feed
Friday, February 20, 2009
Red Robin Gourmet Burgers Reports Earnings for the Fiscal Fourth Quarter and Year Ended December 28, 2008
Thursday, February 19, 2009
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?
http://seekingalpha.com/article/121340-dennys-corporation-f4q08-earnings-call-transcript?
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.
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
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.
Sunday, February 15, 2009
Saturday, February 14, 2009
Co-Founder of Casino-Cheating Criminal Enterprise Pleads Guilty to Racketeering Conspiracy Targeting Casinos in the United States and Canada
Moody's lowers FelCor Lodging Trust ratings
According to the article
"FelCor shares dropped 7 cents to $1.33 in afternoon trading. The stock has traded between 66 cents and $15.87 during the past 52 weeks"
"FelCor shares dropped 7 cents to $1.33 in afternoon trading. The stock has traded between 66 cents and $15.87 during the past 52 weeks"
Wyndham - Full story
Looks like the bit hit was a $1.3 BILLION write down of the time share business.
Starbucks to offer instant coffee
So you will be able to buy instant coffee in Starbucks for $2.95 for 3 packs.
But wait. . . . .. they will probably charge $5.00 for a cup and hot water.
But wait. . . . .. they will probably charge $5.00 for a cup and hot water.
Thursday, February 12, 2009
Trader Vic's Continues to Experience Strong Global Growth
Also take a look at this
http://www.hotelchange.com/modules.php?op=modload&name=HNR&file=detail&sid=37073
http://www.hotelchange.com/modules.php?op=modload&name=HNR&file=detail&sid=37073
Morgans Hotel shares slip on 4Q revenue decline
According to their Web site here are the hotels
New York - Morgans, Royalton, Hudson
Miami - Delano, Shore Club, Mondrian
Los Angles - Mondrian
San Fransico - Clift
Scotsdale - Mondrian
London - St Martins Lane, Sanderson
Las Vegas - Hard Rock
http://www.morganshotelgroup.com/
New York - Morgans, Royalton, Hudson
Miami - Delano, Shore Club, Mondrian
Los Angles - Mondrian
San Fransico - Clift
Scotsdale - Mondrian
London - St Martins Lane, Sanderson
Las Vegas - Hard Rock
http://www.morganshotelgroup.com/
Shangri-La offers every guest free internet access
This has always been something that I could never figure out. You can stay in a Hampton Inn and get free interent but is you pay tripple to stay in a Hyatt or such then you have to pay.
A week or so ago I stayed in a Westin Hotel. You could go to the Bar and get free internet, You could sit in the lobby and get free internet. But if you wanted to connect in your roon you had to pay. I can understand the Bar.
A week or so ago I stayed in a Westin Hotel. You could go to the Bar and get free internet, You could sit in the lobby and get free internet. But if you wanted to connect in your roon you had to pay. I can understand the Bar.
Sunday, February 8, 2009
Police Say Man Dialed 911 When Lemonade Ran Out
This is Florida. . .
Last week an owner of an Italian Restaurant attached a customer with a Calzone.
Last week an owner of an Italian Restaurant attached a customer with a Calzone.
Friday, February 6, 2009
Thursday, February 5, 2009
O'Charley's Inc. Reports Fourth Quarter and Fiscal 2008 Results
We are going ot see some big numbers as companies write down Goodwill
Wednesday, February 4, 2009
International Expansion: Shane's Rib Shack, Planet Smoothie Open in Middle East
Here is the word about Shanes Rib Shack
"Shane's Rib Shack is a true American rib shack, known for its slow-cooked baby back ribs, hand-chopped chicken and pork, and many southern sides to complement each plate"
What's the deal......half their menu is PORK ! ! http://www.shanesribshack.com/menu.html
Am I the only one that finds this strange?
"Shane's Rib Shack is a true American rib shack, known for its slow-cooked baby back ribs, hand-chopped chicken and pork, and many southern sides to complement each plate"
What's the deal......half their menu is PORK ! ! http://www.shanesribshack.com/menu.html
Am I the only one that finds this strange?
Revpar falls by 11.4% at London hotels
If you look in US$ there is a massive drop
The RevPar last year was 88.31 GBP which was about $176.62 USD
The RevPar this year was 78.28 GBP which was about $105.67 USD
I figure that these has been a 40% drop in RevPar in USD. This has to be a huge hit for Marriot and Hilton who have a lot of hotels in London
The RevPar last year was 88.31 GBP which was about $176.62 USD
The RevPar this year was 78.28 GBP which was about $105.67 USD
I figure that these has been a 40% drop in RevPar in USD. This has to be a huge hit for Marriot and Hilton who have a lot of hotels in London
Analyst upgrades Ruby Tuesday stock
As of 11am the stock is up 1.5%
I like the part in the article
"Raymond James analyst Bryan C. Elliott upgraded his rating on the stock to "Market Perform" from "Underperform" and said it's likely the company will still be able to make interest and principal payments."
Is this an endorsement? Does "Market Perform" mean that is will only go down 40% this year or is there some other meaning to this?
What about the line that it's likely the company will still be able to make interest and principal payments. This is real conforting to me. Its moving up on my buy list.....
I like the part in the article
"Raymond James analyst Bryan C. Elliott upgraded his rating on the stock to "Market Perform" from "Underperform" and said it's likely the company will still be able to make interest and principal payments."
Is this an endorsement? Does "Market Perform" mean that is will only go down 40% this year or is there some other meaning to this?
What about the line that it's likely the company will still be able to make interest and principal payments. This is real conforting to me. Its moving up on my buy list.....
Tim Hortons Inc. Announces Timing for Fourth Quarter 2008 and Year End Results and Conference Call
A Canadian institution
Mercedes-Benz Launches Exclusive Resort and Hotel Program for Vehicle Owners
I guess I am missing this.
Would you buy a car because of this?
Would you buy a car because of this?
Tuesday, February 3, 2009
Seattle's Best Coffee Expands Franchising Program in U.S.
I never knew that Starbucks owned Seattles Best
Starbucks to explore value meal options for menu
You know now that things must be pretty bad ....
What Starbucks should do is get their operations and staffing "fixed". The other day I was in the Gallareria Shopping Mall in Houston TX. I went to the Stabucks Kios and ordered an Iced Tea. There were 5, Five, staff in this small kios. One simply took orders, one prepared the orders, and three stood around doing nothing. There was no line. But I still had to wait as there was only one person out of 5 who was capable of preparing an Iced Tea. I was ready to ask for my money back.
What Starbucks should do is get their operations and staffing "fixed". The other day I was in the Gallareria Shopping Mall in Houston TX. I went to the Stabucks Kios and ordered an Iced Tea. There were 5, Five, staff in this small kios. One simply took orders, one prepared the orders, and three stood around doing nothing. There was no line. But I still had to wait as there was only one person out of 5 who was capable of preparing an Iced Tea. I was ready to ask for my money back.
