STR reports US pipeline for July 2009

HENDERSONVILLE, Tennessee—The total active U.S. hotel development pipelineincludes 4,554 projects with 487,831 rooms, according to the July 2009 STR/TWR/Dodge Construction Pipeline Report released this week. This represents a 26.2-percent decrease in the number of rooms in the total active pipeline compared to July 2008. The total active pipeline data includes projects in the In-Construction, Final Planning and Planning stages, but does not include projects in the Pre-Planning stage.

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http://www.hotelnewsnow.com/articles.aspx?ArticleId=1696

Sbarro, Inc. Announces Results of Operations for the Second Quarter and Six Months Ended June 28, 2009

Net loss attributable to Sbarro, Inc. for the quarter ended June 28, 2009 was $6.5 million as compared to a net loss of $5.0 million for the quarter ended June 29, 2008. The increase was primarily the result of a $3.2 million increase in tax expense in the quarter as compared to the second quarter of 2008. Without consideration for taxes, net loss decreased approximately $1.7 million, or 21%.

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http://news.prnewswire.com/ViewContent.aspx?ACCT=109&STORY=/www/story/08-12-2009/0005076738&EDATE=