Thomas Cook put up for grabs

Genting buys 3.2% stake in MGM Mirage

Accor Sells Stake in Club Mediterranee

Can Laura fight Tim Hortons?

LaSalle Hotel Properties share sale a wise move to fund future acquisitions

Bankruptcy throws doubt on Thomas Cook

U.S. Commercial Mortgage Defaults May Rise to 17-Year High

Davidson Hotel Company Names Steven A. Margol Chief Investment Officer

Outback Steakhouse Voted #1 Steak in Zagat Survey of National Restaurant Chains

If there was ever a sign that the world is ending. . . . THIS is it! ! !

According to Zagat the top five places for steak (among national chains) are . . . . . .

1. Outback Steakhouse
2. LongHorn Steakhouse
3. Texas Roadhouse
4. Cheesecake Factory, The
5. Carrabba's Italian Grill

I know that most people will not believe this so here is a link. http://www.zagat.com/promo.aspx?pn=37#

‘Worst over’ for British hotels as trading improves

Hotel price war hots up

This is interesting. You will need to sign up for the Financial Times to read. Its FREE.

Sunstone Hotel Investors has defaulted on its mortgage on the W Hotel (San Diego) and is prepared to surrender the hotel to its lender.

"While the Company’s elective default of the W San Diego mortgage was precipitated by a number of unique, market and hotel-specific factors, in the future other factors may lead the Company to pursue similar options with certain of its other mortgaged hotels. The Company believes such cases will be limited in number. For perspective, the average mortgage debt per room of the Company’s mortgaged hotels equates to approximately $129,500, approximately half that of the W San Diego."

Fine wine merchant Berry Bros & Rudd is set to launch an online trading platform

This is interesting. perhaps a way to reduce un-needed inventory

McDonald's May global comparable sales up 5.1%

Rising costs slash profits at Firmdale Hotels by 64%