Monday, January 26, 2009

Hilton moves to Washington

In this article it states
"Hilton will ask many of the more than 500 employees who work at the company’s headquarters in Beverly Hills, Calif., to relocate, resulting in hundreds of new jobs for the region"

I am interested to see what the meaning of "many of the 500 employees" is

One in five pubs sold for alternative use

Continuing our ongoing reporting on the UK Pub business it looks worse and worse. I hear that most of these "one in five" pubs are being converted to churches and the parishiners are praying for . . . . . what do you think? BEER.

McDonald's profit beats view, revenue falls short

Lack of Liquidity to Further Drive Down Hotel Transactions in 2009

Friday, January 16, 2009

Black Angus Steakhouse Chain Files for Bankruptcy

California Pizza Kitchen jumps on outlook boost

Wyndham Worldwide to Report Fourth Quarter and Full Year 2008 Earnings on February 13, 2009; Conference Call and Webcast at 8:30 a.m. EST

Thursday, January 15, 2009

DiamondRock Hospitality Co. selling hotels

Tuesday, January 13, 2009

Rat and Parrot owner puts 26 sites up for sale

Not to go overboard on this but it looks like there are real big problems in the UK Pub business

'Citigroup warns of a grim night out at the pub for years'

A follow up on the British Pub business

Real Hotel Group has shares suspended from AIM

Town to ban smoking on revitalized shopping street

This is a great story. It calls the smokers "these people" and it blames "Tim Hortons" for the wole thing. Now if your not from Canada you may not know that Tim Hortons is an institution. After Hockey, there's Tims.

Tropicana files Disclosure Statements and Plans of Reorganization

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