Tuesday, January 27, 2009

Admiral Taverns puts another 47 pubs on the market

Red Lion Hotels adopts poison pill plan to make it harder for a hostile takeover to occur

Monday, January 26, 2009

Debt Service Coverage and Values Decline, Foreclosures and Bankruptcies To Rise

Trianon Palace Versailles joins the Waldorf Astoria Collection

This is interesting. As I mentioned below in a previous post are "non-chain" hotels on the decline. Can they surive in this economy. The Waldorf collection, it appears to me, is actually trying to compete with Leading Hotels of the World , and the likes.

Fast-food industry tests outsourcing

Look at this... in the furture you will pull into a fast food restaurant drive through and your order will be taken by someone in India. Just like Dell support.....

Resort on Daufuskie Island files for bankruptcy

I have never heard of this resort. But this does make one ponder the question, is it detrimental in this economy to be a non brand, non chain hotel?

Hilton moves to Washington

In this article it states
"Hilton will ask many of the more than 500 employees who work at the company’s headquarters in Beverly Hills, Calif., to relocate, resulting in hundreds of new jobs for the region"

I am interested to see what the meaning of "many of the 500 employees" is

One in five pubs sold for alternative use

Continuing our ongoing reporting on the UK Pub business it looks worse and worse. I hear that most of these "one in five" pubs are being converted to churches and the parishiners are praying for . . . . . what do you think? BEER.

McDonald's profit beats view, revenue falls short

Lack of Liquidity to Further Drive Down Hotel Transactions in 2009

Friday, January 16, 2009

Black Angus Steakhouse Chain Files for Bankruptcy

California Pizza Kitchen jumps on outlook boost

Wyndham Worldwide to Report Fourth Quarter and Full Year 2008 Earnings on February 13, 2009; Conference Call and Webcast at 8:30 a.m. EST

Thursday, January 15, 2009

DiamondRock Hospitality Co. selling hotels

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