SW Boston Hotel Venture LLC listed both assets and debt in the $100 million to $500 million range. Bovis Lend Lease LMB Inc was named the largest unsecured creditor with a claim of about $700,000.
The sleek glass building was opened in November 2009, just as the United States was emerging from the worst downturn since the Great Depression.
Read More:
Monday, May 3, 2010
Pinellas businesses brace for impact from oil spill
The oil spill is hundreds of miles from Florida's coast, but it's raising concerns for Pinellas County's tourist industry.
People across the Gulf Coast are anxiously watching the movement of the oil slick, which is centered off the Louisiana coast and growing by at least 200,000 gallons a day
Read More:
People across the Gulf Coast are anxiously watching the movement of the oil slick, which is centered off the Louisiana coast and growing by at least 200,000 gallons a day
Read More:
Dave & Buster’s to be sold for $570M
Restaurant chain Dave & Buster’s Inc. will be sold to private equity firm Oak Hill Capital Partners for $570 million, the company said Monday.
Dave & Buster’s has three metro Atlanta locations -- Duluth, Lawrenceville and Mariet
Read More:
Dave & Buster’s has three metro Atlanta locations -- Duluth, Lawrenceville and Mariet
Read More:
Hong Kong restaurant receipts up 4.8%
HONG KONG - HONG Kong's restaurant receipts rose 4.8 per cent to HK$20.82 billion (S$3.69 billion) in the first quarter of 2010 from the same period last year, data from the Census and Statistics Department showed on Monday.
Read More:
Read More:
Papa John’s passes $2B in online sales
Papa John’s International Inc. Monday surpassed the $2 billion mark in online sales since 2001, when the company began offering the option through its Web site, www.papajohns.com.
The pizza chain reached $1 billion in online sales in 2008. At that time, the company predicted it would take three years to reach another $1 billion in online revenue.
Read More:
The pizza chain reached $1 billion in online sales in 2008. At that time, the company predicted it would take three years to reach another $1 billion in online revenue.
Read More:
Hotels Aim to Dominate Europe After Conquering U.S.
April 29 (Bloomberg) -- Europe is the new battleground for the world’s largest hotel companies as they look for sources of growth outside the U.S. market they already dominate.
Four Seasons Hotels Inc., Starwood Hotels & Resorts Worldwide Inc. and Marriott International Inc. are stepping up expansion efforts in Europe, where about 34 percent of hotels fly chain flags, Otus & Co. estimates. In the U.S., they already control about 70 percent of the market, according to Smith Travel Research Inc. of Hendersonville, Tennessee.
Read More:
Four Seasons Hotels Inc., Starwood Hotels & Resorts Worldwide Inc. and Marriott International Inc. are stepping up expansion efforts in Europe, where about 34 percent of hotels fly chain flags, Otus & Co. estimates. In the U.S., they already control about 70 percent of the market, according to Smith Travel Research Inc. of Hendersonville, Tennessee.
Read More:
Holiday Inn Launches $100 Million Global Advertising Campaign
ATLANTA - IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)], the world's largest hotel group by number of rooms announced today the launch of Holiday Inn's largest global advertising campaign in brand history - Stay You. With a global $100 million dollar spend, the Stay You campaign supports the biggest brand relaunch in hospitality history.
"Fundamentally, what our guests love about the Holiday Inn brands is that we provide a place where they can take their gameface off, come as they are, relax and just be themselves," said Kevin Kowalski, senior vice president, Global Brand Management, Holiday Inn Brands. "Everything we do in our hotels, from our lobbies, to our rooms, to our friendly and genuine service reinforces this feeling. The Stay You campaign just confirms what they love about us in a fun and memorable way."
Read More:
"Fundamentally, what our guests love about the Holiday Inn brands is that we provide a place where they can take their gameface off, come as they are, relax and just be themselves," said Kevin Kowalski, senior vice president, Global Brand Management, Holiday Inn Brands. "Everything we do in our hotels, from our lobbies, to our rooms, to our friendly and genuine service reinforces this feeling. The Stay You campaign just confirms what they love about us in a fun and memorable way."
Read More:
Gaylord's Opryland - Nashville's largest hotel - could close for months due to unprecedented flooding
The Gaylord Opryland Resort - Nashville's largest hotel and convention center - might be closed for months due to severe damage from the unprecedented flooding over the weekend, according to the Nasvhille Business Journal.
The region experienced a historic series of storms that brought record rainfall and, now, widespread flooding, according to a Gaylord press release. The report sits adjacent to the Cumberland River and is protected by levees built to sustain 100-year-flood standard.
Read More:
The region experienced a historic series of storms that brought record rainfall and, now, widespread flooding, according to a Gaylord press release. The report sits adjacent to the Cumberland River and is protected by levees built to sustain 100-year-flood standard.
Read More:
Cuba competition to be discussed at CHTIC
Discussions on whether Cuba will become the top spot for tourism in the Caribbean are set for next week's Caribbean Hotel and Tourism Investment Conference (CHTIC), where Bahamian Tourism Minister Vincent Vanderpool-Wallace will make a presentation.
Read More:
Read More:
