HOTEL owners in South Africa will miss out on a predicted World Cup bookings boom.
Organisers FIFA had expected 450,000 overseas fans to flood to the event, which begins in June.
Their latest estimate is just 350,000 - and some hotels have had their bookings halved by FIFA's official travel agents.
Supporters have been put off by the high cost of airfares to South Africa.
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Tuesday, May 4, 2010
Hotel owners in South Africa facing financial disaster as football fans fail to book up for World Cup
Hints From Heloise: Tips on tipping hotel housekeepers
Dear Heloise:
I just read the comment in your article about tipping housekeepers and maids. I like to tip housekeepers, especially if I am at a hotel for several days. Sometimes they leave an envelope with their name on it. I want to be sure that the ones who do my room are the ones who get the money.
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I just read the comment in your article about tipping housekeepers and maids. I like to tip housekeepers, especially if I am at a hotel for several days. Sometimes they leave an envelope with their name on it. I want to be sure that the ones who do my room are the ones who get the money.
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Hersha Hospitality Announces First Quarter 2010 Results
For the first quarter ended March 31, 2010, net loss applicable to common shareholders was $(15.8) million, or $(0.16) per diluted common share for the first quarter of 2010, compared to a net loss of $(9.8) million, or $(0.21) per common share for the comparable quarter of 2009.
Adjusted Funds from Operation (“AFFO”) in the first quarter was a loss of $(1.2) million, compared to $1.2 million in the first quarter of 2009. AFFO per diluted common share and limited partnership unit was a loss of $(0.01) compared to $0.02 for the same quarter of 2009. AFFO per share was impacted by an increase in the Company’s weighted average fully diluted share count to approximately 108.8 million in the first quarter of 2010 from approximately 56.5 million in the comparable quarter of 2009.
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Adjusted Funds from Operation (“AFFO”) in the first quarter was a loss of $(1.2) million, compared to $1.2 million in the first quarter of 2009. AFFO per diluted common share and limited partnership unit was a loss of $(0.01) compared to $0.02 for the same quarter of 2009. AFFO per share was impacted by an increase in the Company’s weighted average fully diluted share count to approximately 108.8 million in the first quarter of 2010 from approximately 56.5 million in the comparable quarter of 2009.
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Joslyn James demands apology from Ritz Carlton Hotel
Tiger Woods’ alleged mistress has fired off a letter to the luxury Ritz Carlton Hotel – asking for an apology.
Joslyn James – who also wants an apology from the shamed golfer – claims she is the victim of 'stripper discrimination'.
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Joslyn James – who also wants an apology from the shamed golfer – claims she is the victim of 'stripper discrimination'.
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Marriott to stop offering loyalty members American Airlines miles next month
June 30 is the final day that Marriott loyalty members will be able to earn American frequent-flier miles for their stays in Courtyards, Fairfield Inns and other Marriott-brand hotels, according to the two travel giants.
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Consumer Reports ranks hotel chains
There’s much to pore over — rankings of hotel chains, tips on getting the best hotel deals, top gripes by travelers — in the June Consumer Reports feature story on hotels that will hit newsstands Wednesday (but posts online 3 a.m. PDT Tuesday).
Two salient facts leaped off the page and got my attention: Nearly half the rooms in the U.S. were empty last year, and overall, guests paid about 9% less for a room in 2009 than in 2008. Of course these numbers are tied to the economic slump
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Two salient facts leaped off the page and got my attention: Nearly half the rooms in the U.S. were empty last year, and overall, guests paid about 9% less for a room in 2009 than in 2008. Of course these numbers are tied to the economic slump
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Insolvencies of hotels soar 61% over the last year
The number of hotel companies going bust soared by 61% to 122 in the 12 months to December 31 2009, according to new figures from accountancy firm Wilkins Kennedy.
Wilkins Kennedy says that although the overall UK economy returned to growth in Q4 2009, this hasn't yet reflected in the insolvency figures. Nor did 2010 get off to a good start with the bad weather in January and the recent turmoil caused by the volcanic ash crisis.
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Wilkins Kennedy says that although the overall UK economy returned to growth in Q4 2009, this hasn't yet reflected in the insolvency figures. Nor did 2010 get off to a good start with the bad weather in January and the recent turmoil caused by the volcanic ash crisis.
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Shatner UP $600M on Priceline
LOS ANGELES — If anyone has noticed the soaring share price of Priceline.com, it’s an easy bet that Canadian actor William Shatner had something to do with it.
Unofficial word on Wall Street is that Shatner, who was initially paid in Priceline shares when he became pitchman for the Internet travel website startup in 1997, is now worth a cool $600 million.
No wonder he looked so happy singing a duet of Total Eclipse of the Heart on Lopez Tonight the other week.
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Unofficial word on Wall Street is that Shatner, who was initially paid in Priceline shares when he became pitchman for the Internet travel website startup in 1997, is now worth a cool $600 million.
No wonder he looked so happy singing a duet of Total Eclipse of the Heart on Lopez Tonight the other week.
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KFC Pushes Into France
NEW YORK--Yum Brands Inc.'s KFC brand is plotting a deeper move into France, hoping that the Colonel's recipe will strike the taste of a broader swath of French consumers.
This week, KFC launched its first round of national television advertisements in France as it gets set to open its 100th store there, giving it the scale needed for a broad marketing push. KFC plans to have 300 stores in France by 2015, and sees a possible tenfold increase over time.
"One day I'd like to have over 1,000 stores here, though we're going to take it 100 by 100" at a time, Ivan Schofield, general manager of KFC France, said in an interview.
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This week, KFC launched its first round of national television advertisements in France as it gets set to open its 100th store there, giving it the scale needed for a broad marketing push. KFC plans to have 300 stores in France by 2015, and sees a possible tenfold increase over time.
"One day I'd like to have over 1,000 stores here, though we're going to take it 100 by 100" at a time, Ivan Schofield, general manager of KFC France, said in an interview.
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4 convicted in Greece for hotel poisoning deaths
ATHENS, Greece — A court on the Greek holiday island of Corfu convicted four people Tuesday in the fatal carbon monoxide poisoning of two British children at a local luxury hotel in 2006.
The hotel manager, a senior maintenance official and the hotel electrician — all Greeks — each received seven-year prison sentences for negligent manslaughter and causing injury by negligence, court officials said.
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The hotel manager, a senior maintenance official and the hotel electrician — all Greeks — each received seven-year prison sentences for negligent manslaughter and causing injury by negligence, court officials said.
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