Thursday, December 10, 2009

London hotels full in November | Deloitte Reports

Deloitte, the business advisory firm, has confirmed that London’s hotel market is leading the recovery in European hotel performance after 13 consecutive months of decline. October showed the first signs of revPAR (revenue per available room) growth but data for November shows a dramatic increase in hoteliers’ revenue, rising 10% compared to the same month last year.

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Station Casinos property to be renamed after Days Inn agreement

Station Casinos Inc. today announced a franchise agreement to bring the Days Inn hotel brand to the Wild Wild West Gambling Hall on Tropicana Avenue west of Interstate 15 in Las Vegas.

The property will be rebranded as Days Inn - Las Vegas at Wild Wild West Gambling Hall. Room rates start at $39.99 a night, Station said.

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Mandarin Oriental May Acquire Luxury Hotel Brands

Dec. 8 (Bloomberg) -- Mandarin Oriental International Ltd., operator of 25 luxury hotels from Tokyo to San Francisco, may buy more brands as lodging companies struggle amid a decline in spending, Chief Executive Officer Edouard Ettedgui said.

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Chick-fil-A passes $3B in annual sales

Chick-fil-A Inc. set a company sales record in 2009, passing $3 billion in annual sales.

The private Atlanta-based company also said it will have its 42nd consecutive year of annual sales growth in 2009, a streak maintained since the chain began in Hapeville, Ga., in 1967

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