Tuesday, January 13, 2009

Rat and Parrot owner puts 26 sites up for sale

Not to go overboard on this but it looks like there are real big problems in the UK Pub business

'Citigroup warns of a grim night out at the pub for years'

A follow up on the British Pub business

Real Hotel Group has shares suspended from AIM

Town to ban smoking on revitalized shopping street

This is a great story. It calls the smokers "these people" and it blames "Tim Hortons" for the wole thing. Now if your not from Canada you may not know that Tim Hortons is an institution. After Hockey, there's Tims.

Tropicana files Disclosure Statements and Plans of Reorganization

Greenbrier resort to lay off half its employees

So in this article it comes out that the issue is the Unions. So you have a place that is loosing $35MM a year and the Unions want more.

Reasons for the Enduring Success of McDonald's

Monday, January 12, 2009

Landry's (LNY) Stock Down 34% on Merger Termination News

RBS looks for buyers with finance for its 1,000 pubs

Wonder if RBS will try to dump all the hotels they own?

UPDATE 1-Ruth's Hospitality says unable to meet debt covenant

Friday, January 9, 2009

London room rates set to drop by 23 per cent in 2009

This has got to hurt. Marriott has around 20 hotels in the London area while Hilton has around 17.

Extended Stay chain ‘potentially troubled’

As stores close Starbucks takes delivery of new Jet

I guess you have to be able to get to the stores your closing to pick up the keys.

Sonic showed similar results with shares dropping over 10%

The votes are in on Ruby Tuesday and Sonic