Wednesday, September 16, 2009

Fontainebleau contractors seek lien claims in state court

With the Las Vegas Fontainebleau resort bankruptcy case seemingly stalled, a group of contractors is seeking permission to pursue construction lien claims in state court in Nevada -- outside of the bankruptcy process.
The contractors, in a court filing Friday, said they want to get started protecting their lien claims in state court in part because those claims are under attack by lenders in the bankruptcy court.

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118 UAE hospitality projects cancelled or on hold

The UAE has 118 hospitality projects cancelled or on hold, according to a study conducted by Proleads.
The initial findings of the Cityscape Intelligence Focus On Dubai Report were revealed ahead of next month’s Cityscape Dubai at the Dubai International Exhibition and Convention Centre from October 5-8.

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Kohler sets sights on other end of St Andrews’ 18th

Salvation is close at hand, however. Herb Kohler, an American magnate, who made his fortune in bathroom fittings and owns the luxury Old Course Hotel, which sits at the other end of the famous 18th hole from Hamilton Hall, is understood to be the front-runner to acquire it for an estimated £14 million to £15 million.

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Sheraton Puerto Rico Convention Center Hotel & Casino to Open in November

San Juan's First New Full-Service Hotel and Casino in More than 10 Years is Also the First and Only in the Caribbean Pursuing LEED Certification
Starwood Hotels and Resorts Worldwide, Inc (NYSE:HOT) and Interlink Group announced today that the new Sheraton Puerto Rico Convention Center Hotel & Casino will open its doors in November 2009. Located adjacent to the Puerto Rico Convention Center in San Juan's newest vibrant commercial and residential district, the new 503-room property will accommodate both business and leisure travelers, offering exceptional meeting facilities, a full-service casino and resort-like amenities, including a sundeck/pool, spa and retail space. Sheraton Puerto Rico will be the first new full-service hotel and casino built in San Juan in more than 10 years

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Darden Finds Secure Footing

Fitch recently revised its outlook on Darden Restaurants Inc. (DRI) to "Stable" from "Negative". The rating agency believes that the company is well positioned in the casual dining segment, which is still recuperating from the economic turmoil, plagued by rising unemployment and weak consumer spending.

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IHG signs Multi-brand, Multi-location Hotel Deal with Thai Careon Corporation

Singapore, 14 September 2009 - IHG (InterContinental Hotels Group) today announced the signing of a deal with leading Thai conglomerate TCC (Thai Chareon Corporation) to convert and rebrand four existing hotels, which adds nearly 1,500 rooms to IHG's Asia Pacific portfolio.

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Disney to expand Fantasyland at Walt Disney World

ANAHEIM, California (Reuters) - Mickey Mouse's house and his Toon Town world will make way next year for a vastly larger Fantasyland, in the biggest-ever expansion of the Magic Kingdom at Walt Disney World in Florida, Walt Disney Co said on Saturday.
The Fantasyland expansion, whose price tag was not disclosed, will open in two stages in 2012 and 2013 and builds on the popularity of the Disney Princess and Fairies franchises, which have topped $4 billion in global retail sales

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Maui Prince workers get new contract

Union leaders and Benchmark Hospitality International have negotiated a new contract for employees at the Maui Prince hotel and Makena Resort.
Benchmark, based near Houston, will operate the resort, effective Thursday.
No details of the new deal were disclosed.

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OPEN LETTER TO RADISSON® GUESTS

To Radisson® Hotels & Resorts guests:

Radisson values your business and respects the privacy of your information, which is why we wish to inform you that between November 2008 and May 2009, the computer systems of some Radisson® hotels in the U.S. and Canada were accessed without authorization. This unauthorized access was in violation of both civil and criminal laws. Radisson has been coordinating with federal law enforcement to assist in the investigation of this incident. While the number of potentially affected hotels involved in this incident is limited, the data accessed may have included guest information such as the name printed on a guest’s credit card or debit card, a credit or debit card number, and/or a card expiration date.

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SJM Rises to Record on Increased Casino Market Share

Sept. 16 (Bloomberg) -- SJM Holdings Ltd., controlled by billionaire Stanley Ho, rose to a record in Hong Kong today after saying yesterday that its share of the casino market in Macau rose in the first half even as revenue fell.
SJM climbed 8.6 percent to HK$4.57 in Hong Kong, the highest since its trading debut in July 2008. The stock has more than doubled this year, compared with a 49 percent gain in the city’s benchmark Hang Seng Index.

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