London room rates set to drop by 23 per cent in 2009

This has got to hurt. Marriott has around 20 hotels in the London area while Hilton has around 17.

Extended Stay chain ‘potentially troubled’

As stores close Starbucks takes delivery of new Jet

I guess you have to be able to get to the stores your closing to pick up the keys.

Sonic showed similar results with shares dropping over 10%

The votes are in on Ruby Tuesday and Sonic