Friday, January 30, 2009

Carter wears smudged crown as USA's 'dirtiest hotel'

According to this article Days Inn has 3 of the top ten dirtiest hotels

Earlier this week there was a similar list form the UK. It appears that none of the hotels on the list were Branded chain hotels. On the US list 50% are branded. Doesn't say much for the value of choosing a chain hotel over an independant.

Sternlicht Seeks $100 Million for Luxury Hotel Firm

Restaurant Industry Outlook Softens as the Restaurant Performance Index Fell to a Record Low in December

Moody's may lower some of Starbucks' ratings

Tough Road Ahead for Starwood Hotels

International Financial Reporting Standards Impact On Hotels

I have worked under both and it appears to me that IFRS is a lot better than US standards

Thursday, January 29, 2009

2-Star Stocks Poised to Plunge: Cheesecake Factory?

Starwood Hotels Net Income Falls 46% on Travel Slump

Starbucks cutting jobs, closing more stores

Tuesday, January 27, 2009

Admiral Taverns puts another 47 pubs on the market

Red Lion Hotels adopts poison pill plan to make it harder for a hostile takeover to occur

Monday, January 26, 2009

Debt Service Coverage and Values Decline, Foreclosures and Bankruptcies To Rise

Trianon Palace Versailles joins the Waldorf Astoria Collection

This is interesting. As I mentioned below in a previous post are "non-chain" hotels on the decline. Can they surive in this economy. The Waldorf collection, it appears to me, is actually trying to compete with Leading Hotels of the World , and the likes.

Fast-food industry tests outsourcing

Look at this... in the furture you will pull into a fast food restaurant drive through and your order will be taken by someone in India. Just like Dell support.....

Resort on Daufuskie Island files for bankruptcy

I have never heard of this resort. But this does make one ponder the question, is it detrimental in this economy to be a non brand, non chain hotel?