Thursday, July 22, 2010

Vendor That Inspired Seinfeld's Soup Nazi Reopens Restaurant in NYC

Just don’t make him angry.

New York restaurateur and soup-slinger Al Yeganeh, best known for inspiring the Soup Nazi character on Seinfeld (“No soup for you!”), reopened his New York location, MSNBC reports.

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Challenge ahead for Biltmore Hotel: profitability vs. upkeep

Over the past 17 years, the Biltmore Hotel has spent more than $9 million to repair the roof and hotel balconies, nearly $8 million to renovate the guest rooms and more than $3 million to expand its fitness center and build a luxury spa on the hotel's seventh floor.

It's all part of running a national historic landmark and luxury hotel, says Seaway Corp., the company that leases the property and golf course from the owner, the city of Coral Gables.

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Gucci Stops Founder’s Descendant Using Name for Dubai Hotel

July 22 (Bloomberg) -- Gucci, the luxury-goods company owned by PPR SA, said it won an injunction preventing unauthorized use of the Elisabetta Gucci name, thwarting plans by the great-granddaughter of the founder to open a chain of hotels under her moniker.


The use of Elisabetta Gucci’s name “has caused customer confusion and has been harmful to Gucci’s business,” the company said in an e-mail today that was confirmed by a spokeswoman. The ruling by a Florence court “will hopefully act as a significant deterrent for those who intend to unlawfully license or commercially exploit the Gucci trademarks.”

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Union to protest today at Hyatt hotels

(Crain’s) — Aiming to ratchet up the pressure on Hyatt Hotels Corp. and gain an edge in labor contract talks, union activists plan protests Thursday at Hyatt hotels in 15 North American cities, including Chicago.

About 200 demonstrators plan to provoke police with a civil disobedience action Thursday afternoon in front of the Hyatt Regency Chicago, according to Unite Here Local 1, which represents about 6,500 downtown hotel employees who have been working without a labor contract since last August.

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Hyatt looking to sell Long Beach's Hyatt Regency

LONG BEACH - In an effort to expand its brand, Hyatt Hotels Corp. is looking to sell the Hyatt Regency in Long Beach and reportedly nine other properties.

Hyatt Hotels, which has 430 Hyatts internationally that the company either owns, manages or franchises, would continue to operate the 528-room hotel in Long Beach with the same staff members.

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The Marcus Corporation Reports Fourth Quarter and Fiscal 2010 Results

MILWAUKEE, Jul 22, 2010 (BUSINESS WIRE) -- The Marcus Corporation /quotes/comstock/13*!mcs (MCS 11.16, +0.74, +7.10%) today reported results for the fourth quarter and fiscal year ended May 27, 2010. Marcus Hotels and Resorts had a strong fourth quarter and Marcus Theatres(R) achieved record results for the second consecutive year.

Fourth Quarter Fiscal 2010 Highlights

-- Total revenues for the fourth quarter of fiscal 2010 were $89,106,000, a 5.9% increase from revenues of $84,171,000 for the fourth quarter of fiscal 2009.

-- Operating income was $7,217,000 for the fourth quarter of fiscal 2010, a 46.3% increase from operating income of $4,932,000 for the same period in the prior year.

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Host Hotels & Resorts, Inc. Acquires Le Meridien Piccadilly in London for 64 Million pounds Sterling

BETHESDA, Md., July 22, 2010 /PRNewswire via COMTEX/ -- Host Hotels & Resorts, Inc. /quotes/comstock/13*!hst/quotes/nls/hst (HST 13.98, +0.40, +2.95%) today announced that it acquired the 266-room Le Meridien Piccadilly in London, England at a purchase price of 64 million pounds, including the assumption of a 33 million pound mortgage. The hotel is located in the prestigious Mayfair district of London, a central location for both business and leisure travelers and offers 12,000 square feet of meeting space as well as a large health club featuring one of the largest indoor pools in the London hotel market.

Starwood Profit Beats Estimates; Hotel Company Raises 2010 Revpar Forecast

Starwood Hotels & Resorts Worldwide Inc., owner of luxury brands including the St. Regis and W hotels, reported earnings that beat analysts’ estimates and raised its forecast for revenue per available room.

Excluding one-time items, income from continuing operations rose to $67 million, or 35 cents a share, from $40 million, or 22 cents, a year earlier, the White Plains, New York-based company said in a statement today. Analysts predicted earnings on that basis of 26 cents a share, according to the average of 18 estimates compiled by Bloomberg.
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Wednesday, July 21, 2010

Tip Lawsuit Settled For $526,000

Tipped employees of Turtle Bay Resort have won a $526,000 settlement from the North Shore hotel over gratuities divided between workers and the company unbeknownst to customers.

The settlement is a result of a lawsuit filed in January 2009 that claimed Turtle Bay violated a fairly new state law requiring hotels and restaurants to distribute service charges for food or beverage service entirely to employees, or clearly tell customers if any portion of service charges is retained by management. Brandee Faria, a local attorney with Perkin & Faria representing Turtle Bay employees, said the case was the first to be resolved of several filed over the last couple of years against Hawaii hotels .

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China's Hilton loses 5-star rating over flesh trade

BEIJING: The Chinese government's campaign against prostitution, which usually targets karaoke joints, low-budget hotels and so-called massage parlours, has claimed a somewhat unexpected victim. The Hilton Hotel in southwest China's Chongqing city has lost its five-star rating after it was involved in a prostitution investigation.

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Louisville Marriott Settles Discrimination Suit

LOUISVILLE, KY (WAVE) - After not be allowed to wear their religious head scarf to work, four Somali women are now receiving compensation. The Louisville Marriott Downtown Hotel told the four women of Muslim faith they were not allowed to wear their hijabs while at work.

The U.S Equal Employment Opportunity Commission filed a discrimination lawsuit. The suit argued the right granted by Title VII of the Civil Rights Act of 1964, which requires employers to reasonably accommodate the sincerely held religious beliefs.

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Luxury hotel to open in London stately home

Hilton is to open a landmark hotel on the West London estate of the Duke of Northumberland, it announced July 19.

The London Syon Park will be part of the chain's luxury Waldorf Astoria collection and is designed to fit in with its opulent surroundings - right down to the butterfly house in the lobby.

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Greensboro Wyndham Hotel Moves Forward

GREENSBORO N.C. (WGHP) - A proposed downtown Greensboro luxury Wyndham hotel is one step closer to a $26 million federal recovery bond.

On Tuesday, the Guilford County Bond Authority unanimously voted to send the proposal to Raleigh where developers will need to win approval to receiving the federal bond.

The proposed 10-story, 180 room luxury hotel would be located near the corner of South Elm Street and February One Place.

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Accor, InterGlobe set up investment fund for Indian hotel assets

MUMBAI: Leading hotel operator Accor and InterGlobe, a travel corporation, on Wednesday announced the establishment of an investment fund for a
portfolio of India hotel assets.

Accor and InterGlobe would each hold 32 per cent equity in the fund.

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Two Baltimore hotel developments going to the auction block

Two partially renovated office buildings in downtown Baltimore, both undergoing conversion to hotels, are scheduled to be sold at back-to-back auctions next month in foreclosure sales on behalf of the lenders. Alex Cooper Auctioneers is handling both sales for BB&T Corp.

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