Monday, January 18, 2010

Marriott, Hilton & other big chains give away internet service this year - but only to a special few

Pssst...Did you know that Marriott, Hilton, Sheraton and other full-service chain hotels that normally charge guests to log on may actually give you free internet access this year/

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Caesars Palace plays hardball with dealers, asserts right to tips

Two years after casino dealers at Caesars Palace voted for union representation, they still don’t have a labor contract and relations with management have gone from bad to worse.

Caesars Palace executives have cemented their authority as the side holding most of the cards, proposing a list of new workplace rules and, in a shot heard throughout the Nevada gaming industry, asserting a right to dip into dealers’ tips

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Sunday, January 17, 2010

More Hawaii hotel service-charge lawsuits filed

Five Oahu hotels are now being sued over accusations they failed to pass on food and beverage service charges to employees who worked at events.

The suits potentially involve hundreds of hotel workers and potentially thousands of customers who paid for events like wedding receptions and banquets.

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Four Seasons Resort in Irving Texas is posted for foreclosure

One of the Dallas area's most exclusive hotel properties is facing a possible foreclosure.

Lenders have filed to foreclose on the Four Seasons Resort and Club Dallas at Las Colinas, a 400-acre hotel, spa and golf club in Irving.

The more than 400-room hotel is one of the state's top-rated accommodations and hosts the annual HP Byron Nelson Championship golf tournament.

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Mayflower Looks to Restructure Debt

The Renaissance Mayflower, an 85-year-old institution in Washington, is seeking some relief on its $200 million securitized mortgage.

The restructuring effort by owner Rockwood Capital LLC is a sign that real-estate investments are running into problems even in relatively healthy markets. Hotels in the nation's capital are doing better than their peers in many other cities. But the Mayflower isn't doing well enough to make up for the top-of-the-market price and debt that Rockwood put on the property

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Hotel Operator Buys Time

Starwood Capital Group has withdrawn its demand to end Extended Stay Inc.'s exclusive control over its bankruptcy case and indicated that it is now negotiating with the hotel operator.

In papers filed with the U.S. Bankruptcy Court in Manhattan, Starwood said it would no longer protest Extended Stay's request for an extension through May 3 to file its bankruptcy-exit plan.

Starwood revised its position after Extended Stay showed it would be more receptive to the investment firm's proposals for the company.

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Saturday, January 16, 2010

Bahamas Hotel rate cuts have been 'lowest in Caribbean'

The Bahamas was unable to cut hotel room rates as deeply as other Caribbean destinations in response to the recession because to have done so would have left the industry mired in "deeper unprofitability" due to high operating costs, the minister of tourism and aviation said yesterday.

Vincent Vanderpool-Wallace told the Bahamas Business Outlook Conference that this nation had to accept it would be unable to convert any cruise ship passengers to stopover visitors simply because land-based stays in this nation were out of their price range.

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UK Hotel Values Off 34% From Peak

The full impact of the recession continued to hamper transactional activity and reduce average property values across the hotel, pub, restaurant, leisure, care and retail sectors during 2009, according to Christie + Co's Business Outlook 2010 publication.

The report shows that values in the hotel sector reduced by 19.5% during 2009, whilst the pub and restaurant sectors witnessed declines of 20.1% and 18.1% respectively. The care sector reported a fall in values of 11%, whilst the retail sector experienced a reduction of 9.8% in average values

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Outsider is favourite as Whitbread seeks new chief

Whitbread has appointed headhunters to help find a successor for Alan Parker, who is expected to announce in the summer that he is retiring as chief executive of the leisure group, The Times has learnt.

Mr Parker, 63, was expected to complete a five-year stint when he was promoted to the top job from head of hotels in 2004. However, his success in turning around Whitbread’s fortunes, allied to his enthusiasm for the job, have allowed him to stay past his scheduled departure date.

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Harrah's to manage Planet Hollywood in Las Vegas

LAS VEGAS (AP) -- Harrah's Entertainment is taking over management of hotel operations at the Planet Hollywood casino-resort in Las Vegas as it negotiates with lenders to buy the property.

The privately held casino operator said Friday that it would start managing the hotel at midnight on Saturday.

Planet Hollywood has 2,500 rooms and manages another 1,200 units, including vacation homes and regular hotel rooms, in an expansion tower that opened this month.

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Marriott International sues JBG Cos. over convention center hotel

Marriott Hotel Services Inc., a subsidiary of Bethesda-based Marriott International Inc., on Thursday sued The JBG Cos. and others in D.C. Superior Court over the proposed convention center hotel in D.C.

The hotel chain (NYSE: MAR) claims Chevy Chase-based JBG, along with one of its subsidiaries and co-investor, has interfered with Marriott’s deal to develop and operate a publicly financed convention center hotel in downtown D.C.

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Gordon Ramsay at Claridge’s heads the list of lost Michelin stars

Gordon Ramsay Holdings (GRH) has lost its Michelin star at its eponymous restaurant at London’s Claridge’s hotel.

The restaurant is the most high profile of 15 establishments to have lost their stars in this year’s Michelin guide to Great Britain and Ireland.

Gordon Ramsay at Claridge’s first gained its Michelin star in 2002 under the leadership of former head chef Mark Sargeant, who left his position at the restaurant at the beginning of last year. He consequently left GRH last November.

A spokeswoman for GRH said the group was “very disappointed” to have lost the Michelin star but added that it plans to work “harder than ever to try to earn it back” next year.

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MGM Mirage, bar owners tangle over Mandalay lease dispute

MGM Mirage and a group tied to the troubled Privé nightclub are again set to wrangle in a landlord-tenant dispute, this time centering on the shuttered Bambu Bar at the pool at Mandalay Bay.

On Thursday, Vegas South Partners, which is backed by veteran nightclub operators Roman Jones and Mitchell Rubinson, filed a suit against Mandalay over the 2,400-square-foot outdoor pool bar’s lease, which Mandalay terminated in December.

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Domino's Pizza U.K. Continues to Defy the Recession

Domino's Pizza, the UK's biggest pizza delivery company, remains recession-proof as the company announces surging sales despite the continuing sluggish economy.

The Britain's Got Talent sponsor reported impressive growth with a like-for-like sales lift of 8.6% at its 501 mature stores in the three-month period ending 27 December 2009. As a result, like-for-like sales growth for the full year was 8.4%.

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Fla. firm buys 91 Pizza Hut locations

A local firm quietly bought all 91 Orlando-area Pizza Hut restaurants for $35 million from Pizza Hut parent company Yum! Brands Inc. on Dec. 7 — and now plans to serve up a big slice of business to Central Florida vendors.

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