Thursday, September 9, 2010

Los Angeles fast-food ban may become law

A quick-service restaurant ban is still under debate in Los Angeles. Southern California Public Radio reported the Los Angeles City Council committee unanimously approved a year-long ban on new QSRs in a 32-square-mile area, mostly in South Los Angeles.

An approval by the whole council and the signature of Mayor Antonio Villaraigosa is all that's needed to make the ban a law.

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Dominos online ordering systems boosts profits by 23%

Amazon.com sells everything from car parts and jewelry to groceries and golf clubs -- in addition to the books that first got it started -- so it's not surprising that the Internet titan is ranked first among e-tailers.

But the company that is the No. 4 e-tailer puts all its eggs in one crust, er, basket: Domino's.
The Ann Arbor-based chain's online ordering system has catapulted it to the forefront of Internet commerce, and it's giving the pizza seller a big advantage in the marketplace.

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FelCor Lodging Trust purchases The Fairmont Copley Plaza for $98.5 million

Boston, MA CBRE Hotels acted as exclusive advisor to Fairmont Hotels & Resorts in the sale of The Fairmont Copley Plaza, located on Copley Sq. in Back Bay. FelCor Lodging Trust Inc. has purchased a fee-simple interest in the famed hotel for $98.5 million and will implement a capital plan in excess of $20 million which includes an overall refreshing of guestrooms and public areas and the addition of a new fitness center.

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Wyndham Hotels and Resorts Franchise Unveils Eco-Friendly Beverage Menu

PARSIPPANY, N.J. — Wyndham Hotels and Resorts, LLC today announced the introduction of a new eco-friendly beverage menu available beginning this month at North American and Caribbean properties across the brand's portfolio. Properties also will be able to customize the menu to include local and regional selections and offer promotions that allow customers to contribute to the environment.

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When it comes to getting an operating license Bangkok hotels say Phuket

PHUKET : Hundreds of hotels in Phuket are operating without licences, claiming the cost of getting one is far too high.

Officials have set up a working group to close the unlicensed establishments, deputy governor Niwit Arunrat said yesterday.

Government figures show that Phuket has 702 hotels with 42,684 rooms _ but only 273 of these hotels are licensed.

Mr Niwit said the hotels operating without licences violated building control and environmental laws and did not pay taxes.

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HEI Hospitality warns customers of data breach

HEI Hospitality, owner and operator of upscale hotels operating under the Marriott, Sheraton, Westin and other monikers, has sent letters informing some 3,400 customers that their credit card data may have been compromised.

The warning stems from an intrusion into point of sale systems at several HEI properties earlier this year, which could have allowed card holder data being to be illegally accessed, the company said in the letter.

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Burger King buyer names rail exec as future CEO

NEW YORK (AP) -- Burger King's soon-to-be new owners have named a former Latin American railroad executive to be CEO of the fast-food chain after the $3.26 billion deal goes through.

The appointment of Bernardo Hees by 3G Capital is a signal that the investment firm is serious about expanding the Burger King brand further into Latin America and elsewhere abroad.

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Groups return to South Florida hotels

Slowly, and often at the last minute, the group hotel business that has been a mainstay of South Florida's visitor industry is creeping back.

But corporate meetings look a little less grand than they did in the pre-recession era. Gone are lengthy affairs packed with golf mornings, spa afternoons and lobster-and-champagne dinners. In their place: shorter meetings arranged with an eye toward cost-cutting and charitable activities to soften the image.

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Hotels Lure Investors as Lodging Surpasses U.S. Offices, Retail

Hotel purchases are increasing faster than deals for office buildings, shopping centers or any other type of U.S. commercial property as rising occupancies and room rates boost the lodging industry.

Sales of hotels jumped 136 percent in the first half of 2010 from a year earlier, the biggest gain among five commercial real estate categories tracked by New York-based Real Capital Analytics Inc. Those deals were based on transactions of at least $5 million and exclude hotels attached to casinos.

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