Tuesday, March 31, 2009
National Pub Day gets MP support
You got to love the Brits..... always thinking up reasons to drink.
Frenchy's Chicken Brand Expands to Northwest Houston
Kentucky fried better watch out
Labels:
development,
Restaurants
Interstate Hotels & Resorts Receives Credit Facility Waiver
This article is interesting
" a leading hotel real estate investor and the nation's largest independent management company, today announced that the company had received a waiver through June 30 related to the requirement under its senior credit facility to maintain listing on the New York Stock Exchange (NYSE). The NYSE suspended trading of Interstate's stock on March 12 after the company failed to meet the minimum $15 million market capitalization requirement"
So the largest independant management company in the US only has a capitalization of $15M?
" a leading hotel real estate investor and the nation's largest independent management company, today announced that the company had received a waiver through June 30 related to the requirement under its senior credit facility to maintain listing on the New York Stock Exchange (NYSE). The NYSE suspended trading of Interstate's stock on March 12 after the company failed to meet the minimum $15 million market capitalization requirement"
So the largest independant management company in the US only has a capitalization of $15M?
Labels:
Financing,
Interstate
Denny's Franchisee Association to Form Purchasing Co-Op, Marketing Advisory Council
This seems strange that they are just getting around to this now.
Labels:
Denny's,
Restaurants
Hotel Lawyer: Hotel bankruptcy trump card. Terminating hotel management agreements without liability -- the alchemy of lead to gold for troubled hotel
Labels:
Legal
Marriott takes over Grennbrier?
This looks like a good deal for Marriott.
Labels:
Greenbrier,
Marriott