April 9 (Bloomberg) -- With Starbucks Corp.’s operations across Australia reduced to a fraction of their peak, one Malaysian entrepreneur is looking to fill the gap, starting with Melbourne’s café society.
Secret Recipe Cakes & Café Bhd. will open its second restaurant in the southern Australian city this month and hopes to have 50 cafés nationwide within five years, says Steven Sim, who owns and runs the Kuala Lumpur-based chain.
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Sunday, April 11, 2010
Hooters in China
Reporting from Beijing — Sunday is a slow night for the Beijing Hooters girls. Jiang Xin -- or Summer, as her name tag reads -- takes the opportunity to teach the new hires one of their dance routines.
With smoky dark eyes and her all-black trainer uniform, 24-year-old Jiang is sexy, smoldering and standoffish until she smiles. This she does when she gently admonishes the girls to loosen up, laugh, and stop tugging at the bottoms of their shorts.
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With smoky dark eyes and her all-black trainer uniform, 24-year-old Jiang is sexy, smoldering and standoffish until she smiles. This she does when she gently admonishes the girls to loosen up, laugh, and stop tugging at the bottoms of their shorts.
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Europe's best city apartments
Boutique hotels are all very well, but if you really want to get under the skin of a city nothing beats having your own pad for the weekend. Renting an apartment gives you more space and your own kitchen, and often means you're based in a far more interesting part of town than where the tourist hotels are. Best of all, there's none of that embarrassing waking up the night porter when you roll in at dawn.
We've picked a cross section, with some for romantic couples, others for families or groups of friends; some that are a bargain and others that are seriously expensive – there's a huge, and growing, choice on the market
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We've picked a cross section, with some for romantic couples, others for families or groups of friends; some that are a bargain and others that are seriously expensive – there's a huge, and growing, choice on the market
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Macau giving fits to Nevada regulators
Renewed concern about the influence of organized crime in Macau, where three Las Vegas-based gaming giants own casinos, has raised questions about the ability of Nevada regulators to monitor or act on what takes place on the other side of the world.
Industry titans Steve Wynn and Sheldon Adelson view their companies as more Asian than American. Wynn’s Macau casino accounted for 67 percent of his company’s 2009 earnings. Adelson’s three Macau casinos accounted for 90 percent of Las Vegas Sands’ earnings last year. The companies raised $5 billion in initial public offerings of their Macau subsidiaries’ shares last fall.
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Industry titans Steve Wynn and Sheldon Adelson view their companies as more Asian than American. Wynn’s Macau casino accounted for 67 percent of his company’s 2009 earnings. Adelson’s three Macau casinos accounted for 90 percent of Las Vegas Sands’ earnings last year. The companies raised $5 billion in initial public offerings of their Macau subsidiaries’ shares last fall.
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Developer plans $350M luxury hotel in Atlanta
An Atlanta developer plans to build a $350 million luxury hotel on Peachtree Street in Midtown, across from the High Museum of Art.
Alvin D. James, a veteran broadcasting industry executive, has signed an agreement to purchase the property from metro Atlanta home builder John Wieland, CEO of John Wieland Homes & Neighborhoods Inc.
James plans a 250-room, five-star hotel on the site of Wieland’s proposed One Museum Place condominium project at 1301 Peachtree St. Wieland abandoned his 23-story, $325 million, 92-unit luxury condo tower in 2007, as the metro Atlanta housing market began to falter.
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Alvin D. James, a veteran broadcasting industry executive, has signed an agreement to purchase the property from metro Atlanta home builder John Wieland, CEO of John Wieland Homes & Neighborhoods Inc.
James plans a 250-room, five-star hotel on the site of Wieland’s proposed One Museum Place condominium project at 1301 Peachtree St. Wieland abandoned his 23-story, $325 million, 92-unit luxury condo tower in 2007, as the metro Atlanta housing market began to falter.
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