Greenbrier resort to lay off half its employees

So in this article it comes out that the issue is the Unions. So you have a place that is loosing $35MM a year and the Unions want more.

Reasons for the Enduring Success of McDonald's

Landry's (LNY) Stock Down 34% on Merger Termination News

RBS looks for buyers with finance for its 1,000 pubs

Wonder if RBS will try to dump all the hotels they own?

UPDATE 1-Ruth's Hospitality says unable to meet debt covenant

London room rates set to drop by 23 per cent in 2009

This has got to hurt. Marriott has around 20 hotels in the London area while Hilton has around 17.

Extended Stay chain ‘potentially troubled’

As stores close Starbucks takes delivery of new Jet

I guess you have to be able to get to the stores your closing to pick up the keys.

Sonic showed similar results with shares dropping over 10%

The votes are in on Ruby Tuesday and Sonic

CSX Examining Options for Greenbrier Resort

Annual loss is up to $35MM. In a previous post it was $15MM. Also saw an article that suggested $30MM loss.

UPDATE 2-Ruby Tuesday posts loss, Sonic profit misses

Sam Zell looks to add to Starwood Hotels Stake

Heartbreak Hotels

Permits sought to build world's largest hotel in Las Vegas