Tuesday, August 17, 2010

Hilton signs up to manage two new hotels in Saudi capital

Riyadh: Hilton Worldwide has signed up to manage two new hotels in Riyadh, a city ranked high on the global hospitality performance scale.

"Hotel performance in KSA and Riyadh in particular fared very well during the first six months of 2010 relative to regional and global lodging markets. Deloitte's Global RevPAR rankings cite that Riyadh holds a third position just below Dubai and Geneva," Sven Gade, director and head of consulting at PKF, The Consulting House told Gulf News.

Read More:

New lawsuit filed in ‘Tropicana’ trademark dispute

The dispute over whether the Tropicana Las Vegas hotel-casino must pay royalties for using the "Tropicana" trademark is continuing, with investor Carl Icahn's Tropicana Entertainment Inc. filing a new lawsuit against the Las Vegas property over the issue last week.

The Las Vegas Tropicana formerly was part of Tropicana Entertainment LLC, which also had Tropicana-branded hotel-casinos in Atlantic City and Laughlin.

Read More:

Top 10 celebrity chef-owned restaurants in US

Chefs have become household names in recent years, helped by running their own TV shows or sharing their cooking tips with fans in glossy cookbooks.

Travel website TripAdvisor has compiled a list of the top 10 celebrity chef-owned restaurants in the United States to help travelers who want a few celebrity stars with their meals.

Read More:

ZAGAT FAST FOOD SURVEY RATES 136 MAJOR DINING CHAINS

New York, NY. August 16, 2010 – Looking to supersize yourself? This morning, Zagat revealed the results of its latest survey, covering 97 major fast food chains and 39 full service chains as voted on by 6,518 ZAGAT.com diners who ate at chain outlets on average 10.7 times per month. The survey respondents weighed in on everything from chicken and cheeseburgers to smoothies and seafood, separately rating each chain on the quality of its Food, Facilities and Service using Zagat's signature 30-point scale. A selection of the winners was announced live on The Today Show this morning.

Read More:

European Hotels Lure Investors as Properties Hold Their Value

Real-estate investors will spend more money buying hotels in Europe than the U.S. this year as slower development helps to preserve property values.

Hotel acquisitions in Europe will total about $5.5 billion in 2010, compared with $4.5 billion in the Americas, according to Jones Lang LaSalle Hotels. The U.S. will account for about 90 percent of purchases in the Americas, the London-based hotel investment-services firm said.

Read More:

Foundation Inns sees pub profits soar

Outlet ebitda increased 56.1 per cent with sales up 22 per cent to £2.6m at the six-strong pub group. Like-for-like sales increased 12.9 per cent.

Despite this, the company still made a pre-tax loss of £540k, although this was an improvement on last year’s £1.75m loss.

Read More:

Restaurant Fined After Chef Caught Kissing Toad

Are Iowa chefs having trouble landing dates these days? If so, it may explain why one head chef was caught kissing toads by the Scott County Health Department. The restaurant has been fined $355 for the dangerous (and desperate) act, which was caught on video.

The owner of the Davenport, Iowa restaurant where the chef works has agreed to pay the fine, and promises to address the health risks associated with amphibian handling.

Read More: