Lenders put the massive Dellis Cay development in the Turks and Caicos islands into receivership on Thursday, roughly a week after developer Turks Ltd. stopped construction. The resort was to include 25-room hotel, 78 for-sale condominiums and 17 villas, all managed by Mandarin Oriental Hotel Group
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Tuesday, October 20, 2009
Will Japan Airlines' hotel unit go on the block?
As Japan Airlines Co. Ltd. explores its restructuring options, the company seems likely to revisit an idea it has mulled at least twice in the last 10 years: selling its wholly owned hotel subsidiary. JAL Hotel operates about 60 properties under the brands Nikko Hotels International and Hotel JAL City both in Japan and far-flung destinations including China, Malaysia, Mexico City, London, Guam and the United Arab Emirates.
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Benihana names new chief operating officer
MIAMI (AP) -- Restaurant operator Benihana Inc. said Monday it has named industry consultant Christopher Ames as its new chief operating officer.
Ames was previously chief operating officer at Cosi Inc. He has also worked for Elephant Bar Restaurants Inc. and California Pizza Kitchen Inc.
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Ames was previously chief operating officer at Cosi Inc. He has also worked for Elephant Bar Restaurants Inc. and California Pizza Kitchen Inc.
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Hyatt sets terms of IPO
NEW YORK, Oct 19 (Reuters) - Hyatt Hotels Corp (H.N) set the size and price range of its planned initial public offering, suggesting the launch of the $931 million deal is imminent despite signs of feuding within the controlling Pritzker family
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