Rostik's-KFC is a 161-store quick service restaurant chain owned by Yum and Rostik Group -- a company which also controls Russia's biggest restaurant chain Rosinter (ROST.MM).
Valeriya Silina, a spokeswoman for Rosinter, said the deal was part of a 2005 agreement under which Yum had an option to buy the restaurant chain by June 7.
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Thursday, June 17, 2010
Gulf seafood price spikes hit area eateries
New Orleans restaurant owner Ralph Brennan had only recently started to see business pick up following Hurricane Katrina and the recession when he was hit with another blow: the Gulf oil disaster.
Since the Deepwater Horizon oil rig exploded and began spewing oil off the coast of Louisiana, Brennan says the price he pays for shrimp has gone up around 25 percent, and oyster prices have almost doubled.
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Since the Deepwater Horizon oil rig exploded and began spewing oil off the coast of Louisiana, Brennan says the price he pays for shrimp has gone up around 25 percent, and oyster prices have almost doubled.
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The Savoy London Will Re-Open on 10.10.10 at £350 a Night
According to Hotel Chatter the Savoy will open on 10.10.10 with a rate of 350GBP. This is quite amazing as the original renovation budget was 100M GBP and the estimate is that they have now spent 200M GBP on the renovation of the 268 room hotel. So on a "per room basis" the renovation has cost around 750K GBP.
One wonders how a rate of 350 GBP will pay for that , let a lone the original cost of the building.
Read the Hotel Chatter Article:
One wonders how a rate of 350 GBP will pay for that , let a lone the original cost of the building.
Read the Hotel Chatter Article:
The free WiFi revolution is near
Whatever you think of its coffee, Starbucks has always been a nice place to get some work done. The stores are clean, the music inoffensive, the furniture comfortable, and the electrical outlets plentiful. And if you just need a quick pit stop to charge your phone, transfer photos to your laptop, or play a little Minesweeper, the Starbucks mermaid is always just around the corner, whether you're in Boston, Bangor or Beijing. Convenience has no borders.
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Qatar Fund Moves on Two of London’s Luxury Hotels
June 17 (Bloomberg) -- The Qatar Investment Authority, one of the world’s best endowed sovereign wealth funds, is in talks to buy a one-third stake in London’s Savoy Hotel and is among the final bidders in an auction for the Grosvenor House Hotel, the London-based Times reported, without saying where it got the information.
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Hotel workers accuse LAX Hilton of circumventing L.A.'s 'living wage' law
June 16, 2010
By Patrick J. McDonnell, Los Angeles Times Staff Writer
The Hilton Los Angeles Airport hired scores of workers through a subcontractor in an illegal scheme to circumvent a city law mandating that airport-area hotel employees receive a "living wage," according to a lawsuit announced Wednesday.
The civil suit, filed in Los Angeles County Superior Court on behalf of some 150 current and former hotel workers allegedly cheated out of legal wages, seeks back pay for affected employees and a court injunction mandating that Hilton comply with the city living wage laws in the airport area.
By Patrick J. McDonnell, Los Angeles Times Staff Writer
The Hilton Los Angeles Airport hired scores of workers through a subcontractor in an illegal scheme to circumvent a city law mandating that airport-area hotel employees receive a "living wage," according to a lawsuit announced Wednesday.
The civil suit, filed in Los Angeles County Superior Court on behalf of some 150 current and former hotel workers allegedly cheated out of legal wages, seeks back pay for affected employees and a court injunction mandating that Hilton comply with the city living wage laws in the airport area.
