The management buyout of Landry’s Restaurants first earned the dubious honor of being a “deal from hell” well over a year ago.
In its first iteration, the deal showed the perils of weak special committees, managers bent on a buyout no matter the legal consequences and the nightmare of a lawyer losing control of a client and the deal process.
The Landry’s situation now appears to have become much worse.
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Monday, June 14, 2010
Starbucks to Offer Free Wi-Fi
Many coffee shops try to discourage people from buying a cup of coffee and then lingering for hours to use the free wireless Internet access. Starbucks, meanwhile, is encouraging them to stay as long as they want.
Starbucks said Monday that as of July 1 its stores in the United States would offer free Wi-Fi, via AT&T, that anyone can access with a single click. In case customers run out of distractions on the Web, Starbucks is giving them even more reason to sit and surf, offering a variety of digital content through a partnership with Yahoo.
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Starbucks said Monday that as of July 1 its stores in the United States would offer free Wi-Fi, via AT&T, that anyone can access with a single click. In case customers run out of distractions on the Web, Starbucks is giving them even more reason to sit and surf, offering a variety of digital content through a partnership with Yahoo.
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Haggle for lower hotel prices
Need a hotel for your summer vacation or next long weekend? There are great deals to be had -- but you're going to have to work for them.
A recent survey by Consumer Reports of 27,000 subscribers gave high marks to the posh Ritz Carlton. But moderately priced hotels like the Wingate by Wyndham, the Drury Inn and Hampton Inn and Suites scored well, too.
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A recent survey by Consumer Reports of 27,000 subscribers gave high marks to the posh Ritz Carlton. But moderately priced hotels like the Wingate by Wyndham, the Drury Inn and Hampton Inn and Suites scored well, too.
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Pebblebrook buys Doubletree Bethesda for $67.1 millionPebblebrook buys Doubletree Bethesda for $67.1 million
Pebblebrook Hotel Trust, fresh from a recent initial public offering, said it bought the 15-story, 269-room Doubletree Bethesda Hotel and Executive Meeting Center for $67.1 million. The Bethesda real estate investment trust said the hotel will continue to operate under the Doubletree brand and be run by its current manager, Thayer Lodging Group in Annapolis. The Doubletree Bethesda is near the National Institutes of Health and the National Naval Medical Center.
Carolina Parrot Heads rejoice as second Margaritaville Beach Hotel is planned for Myrtle Beach, SC
Tropical crooner Jimmy Buffett’s song lyrics come to fruition as plans are made for yet another Margaritaville Beach Hotel.
“From the bottom of my heart…off the Coast of Carolina” rings true as Jimmy plans to open a second Margaritaville Hotel on the coast of South Carolina in the vacation hot spot of Myrtle Beach.
The first and original Margaritaville themed hotel is scheduled to open on July 1st in Pensacola Beach Florida. Despite the oil spill and devastation to the local beaches, the hotel is still set to open as scheduled and Buffett is optimistic and looking forward to the grand opening for July 4th holiday.
In addition to the Pensacola and Myrtle Beach hotels, a third Margaritaville Beach Hotel is planned for Hollywood, Florida.
“From the bottom of my heart…off the Coast of Carolina” rings true as Jimmy plans to open a second Margaritaville Hotel on the coast of South Carolina in the vacation hot spot of Myrtle Beach.
The first and original Margaritaville themed hotel is scheduled to open on July 1st in Pensacola Beach Florida. Despite the oil spill and devastation to the local beaches, the hotel is still set to open as scheduled and Buffett is optimistic and looking forward to the grand opening for July 4th holiday.
In addition to the Pensacola and Myrtle Beach hotels, a third Margaritaville Beach Hotel is planned for Hollywood, Florida.
Adult and topless pools make a splash in Vegas
LAS VEGAS — Adorned with lip stud, bellybutton ring, star tattoos and perfect makeup, off-duty exotic dancer Erika Murphy leaps into the pool at the Hard Rock Hotel & Casino like a happy seal and flutters her bikini-covered tush to hip-hop music blaring on the mega-sound system. Another woman struts poolside showing off a tattoo above her low-riding swimsuit bottom that reads: "Lucky You."
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Now Hiring: Hotel Duck Master
Forget that job as a bellhop, housekeeper or concierge. The Peabody Orlando is looking to fill one of the most unique jobs in the hospitality industry: duck master.
The lucky new hire will be in charge of overseeing the hotel's five mallards, parading them through the lobby twice a day and informing guests about the duck's daily lives.
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InterContinental Plans New York Hotel Expansion
InterContinental Hotels Group PLC is planning to nearly double its stable of hotels in New York City in the coming years, starting with the luxury, 600-room lodging slated to open July 12 in the Times Square area.
The U.K.-based hotel chain, which owns the Holiday Inn and Crowne Plaza brands, among others, has 15 hotels in development in the city to add to the 22 it already operates. Those on the drawing board include a Hotel Indigo boutique on 38th Street, a Crowne Plaza in Long Island City and a Holiday Inn in the Bronx.
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The U.K.-based hotel chain, which owns the Holiday Inn and Crowne Plaza brands, among others, has 15 hotels in development in the city to add to the 22 it already operates. Those on the drawing board include a Hotel Indigo boutique on 38th Street, a Crowne Plaza in Long Island City and a Holiday Inn in the Bronx.
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Hanging body found on Disney property
According to the Orange County Sheriff's Office, the corpse was found hanging in a tree near the Double Tree Resort by the entrance to Disney off of Hotel Plaza Boulevard.
Police roped off a wooded area next to the resort Sunday afternoon after police received a 9-1-1 call about the hanged man at about 3:30 p.m. Officials said the caller left the scene after making the report.
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Police roped off a wooded area next to the resort Sunday afternoon after police received a 9-1-1 call about the hanged man at about 3:30 p.m. Officials said the caller left the scene after making the report.
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