(Hospitality Business News) A member of the Portuguese parliament has called for an investigation in a party held by the Georgian Deligation to the Lisbon NATO summit. MP Levan Vepkhvadze, a vice-speaker of the Parliament from the Christian-Democratic Movement (CDM) said that the matter is about “our country’s reputation” and required probe.
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Wednesday, November 24, 2010
Hotel firm Travelodge joins bids for Kent UK site as regeneration gathers pace
National chain Travelodge wants to build a 56-room hotel as part of ambitious proposals to transform the dilapidated Bell Centre. And, yesterday (Tuesday), officials at supermarket giant Morrisons announced a firm commitment to open a store on the old paper mill site and bring hundreds of jobs to the area.
This followed confirmation last week that Tesco has submitted three massive planning applications.
Bell Sittingbourne LLP, owner of the rundown Bell shopping centre and surrounding buildings, has teamed up with Travelodge and submitted four planning applications.
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This followed confirmation last week that Tesco has submitted three massive planning applications.
Bell Sittingbourne LLP, owner of the rundown Bell shopping centre and surrounding buildings, has teamed up with Travelodge and submitted four planning applications.
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STR’s revised US forecast reflects demand spike
The FINANCIAL -- STR predicts the United States hotel industry’s performance in 2010 will exceed its original forecast, but the hotel benchmarking company is standing firm on expectations for the industry in 2011.
In its latest revised forecast, STR qualifies 2010 as a successful year because there are indications that a recovery is in the offing, according to Mark V. Lomanno, STR’s president. The biggest reason Lomanno shies away from saying a recovery is in full swing? The lack of growth in average daily rate.
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In its latest revised forecast, STR qualifies 2010 as a successful year because there are indications that a recovery is in the offing, according to Mark V. Lomanno, STR’s president. The biggest reason Lomanno shies away from saying a recovery is in full swing? The lack of growth in average daily rate.
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Salem Marriott Sold
Peabody-based Analogic Corp. has sold the 258-room Boston Marriott Peabody on Centennial Drive to a Danvers corporation controlled by Analogic's founder and former head, Bernie Gordon, for $11.5 million.
The hotel and Analogic are next to one another in the Centennial Drive office park.
Analogic and its subsidiary, Anadventure II Corp., announced last month that they had agreed to sell the hotel and the land it's on to Sigma Phi Alpha Corp., according to filings with the U.S. Securities and Exchange Commission. The Marriott Corp. will continue to manage the hotel.
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£52k hotel fraudster facing jail after court hears of lavish lifestyle
A CROOKED book-keeper fleeced a family-run business of s52,500 to help fund a lavish lifestyle of holidays abroad, flash cars and even a personal chef.
Lesley Rafferty, 44, whose home in an exclusive seaside street is worth around s500,000, stole so much from the business, it had to go to the bank for an overdraft.
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Lesley Rafferty, 44, whose home in an exclusive seaside street is worth around s500,000, stole so much from the business, it had to go to the bank for an overdraft.
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Auckland Hyatt sold, but to whom?
The Hyatt Regency Auckland Hotel - the recipient of South Canterbury Finance's biggest individual loan and the subject of a Serious Fraud Office inquiry - has been sold for between $50m and $60m.
The identity of the buyer, and the total debt carried by the hotel – in addition to the $42.3m South Canterbury loan secured by second mortgage, first mortgages were held by Westpac and ASB – remains a mystery.
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The identity of the buyer, and the total debt carried by the hotel – in addition to the $42.3m South Canterbury loan secured by second mortgage, first mortgages were held by Westpac and ASB – remains a mystery.
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Tuesday, November 23, 2010
Turkey's Madımak Hotel seized by court
A local court in the Anatolian province of Sivas has ordered the confiscation of the Madımak Hotel, where 37 people, mostly Alevis, were killed in 1993 in a fire started by an Islamic mob, news agencies reported Tuesday.
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Hong Kong to host eye-watering 900 US dollar meal
HONG KONG — Famously relaxed with conspicuous consumption, Hong Kong is set to host a dinner costing nearly 7,000 Hong Kong dollars (902 US dollars) per head, according to one of the city's hotels.
US-born chef Thomas Keller is being flown in by the Mandarin Oriental to cook for 450 diners -- in what the hotel says will be Hong Kong's most expensive meal this year.
A top-priced, 11-course dinner during Keller's November 29 to December 2 stay will set gourmands back 6,888 HK dollars each, excluding service. Slightly more frugal diners can enjoy lunch for just over 2,000 HK dollars.
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US-born chef Thomas Keller is being flown in by the Mandarin Oriental to cook for 450 diners -- in what the hotel says will be Hong Kong's most expensive meal this year.
A top-priced, 11-course dinner during Keller's November 29 to December 2 stay will set gourmands back 6,888 HK dollars each, excluding service. Slightly more frugal diners can enjoy lunch for just over 2,000 HK dollars.
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15 Tunes Hotels to be Opened in London, UK
A group of experienced investors have formed a new company, Raag Hotels Limited ("the Company"), with committed initial equity capital of £38m, to develop a chain of budget hotels in London operating under the Tune brand. The Company has exclusive rights to operate Tune Hotels' franchised properties in London and plans to acquire or develop 15 Tune Hotels providing 1500 rooms and investing over £100 million in the business over the next 5-7 years.
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Former Singapore hotel manager sentenced to jail, caning
SINGAPORE: A former general manager of Hotel Grand Central was sentenced to jail and caning on Tuesday for various offences including molest and forgery.
Forty-five-year-old Tan Hwa Kok was also fined for accepting a bribe and intentionally helping the management of a Marina Square Chinese restaurant employ two foreigners without valid work permits.
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Forty-five-year-old Tan Hwa Kok was also fined for accepting a bribe and intentionally helping the management of a Marina Square Chinese restaurant employ two foreigners without valid work permits.
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Can Italian Coffee Major Push Starbucks Into A Corner?
There has been a widespread wall street optimism especially in the Food and Beverage sector after Starbucks (SBUX: 30.40 -0.47 -1.52%) impressive quarter results announced last week, but with the coffee major has publicly announced its willingness to part ways with Kraft Foods Inc (KFT: 30.23 -0.32 -1.05%) and the upscale Italian coffee company, IllyCaffe SpA, making inroads onto Starbucks Corp.’s turf by serving coffee to well-heeled travelers in upscale hotels is now being seen as two potential moves that could shake up the single-cup coffee market in U.S. grocery stores.
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Judge says Pittsburgh hotel can become a Wyndham
U.S. Bankruptcy Court Judge Jeffery A. Deller today cleared the way for the former Pittsburgh Hilton to become a Wyndham Grand hotel.
Lender BlackRock Financial Management Inc. had opposed the switch to Wyndham, arguing that the chain is inferior to Hilton.
The former Hilton has been struggling to make ends meet without a hotel flag, according to lawyers for Shubh Hotels Pittsburgh LLC, owner of what is now called the Grand Pittsburgh Downtown.
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Monday, November 22, 2010
Hooters restaurant opens in Cardiff
Hooters, the American founded restaurant famous for its hotpant-clad hosts, has opened in Cardiff.
After a failed feminist campaign against the licence for the new food outlet, the high-energy restaurant today opens its doors as the first of its kind in Wales – complete with 56 Hooters Girls.
We went along to the VIP opening event which saw the Hooters Girls – uniformed in orange shorts and tight Hooters trademark vests – test out their newly learned dance and chant routines.
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After a failed feminist campaign against the licence for the new food outlet, the high-energy restaurant today opens its doors as the first of its kind in Wales – complete with 56 Hooters Girls.
We went along to the VIP opening event which saw the Hooters Girls – uniformed in orange shorts and tight Hooters trademark vests – test out their newly learned dance and chant routines.
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Hotwire Reveals Hotel Rate Report for November 2010
SAN FRANCISCO, Nov. 22, 2010 /PRNewswire/ -- Hotwire.com®, a leading discount travel site, today announced the results of the November 2010 Hotwire® Hotel Rate Report. The report features the top five cities in North America where hotel rates have dropped the most and the top five cities where rates have experienced the biggest price increase. While one report guides customers to the destinations that will maximize their travel dollars, the other helps inform travelers when using Hotwire to save money will be even more essential.
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