The local hotel workers union on Thursday called for a boycott of the Hilton Long Beach hotel, saying the hotel has blocked efforts to unionize the workers.
Unite HERE Local 11 was joined by community activists, religious leaders and local academic figures in announcing the boycott and claimed to have the support of about 90 of the hotel’s total staff of 180.
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Friday, September 4, 2009
The Greenbrier got its casino license
WHITE SULPHUR SPRINGS - Gov. Joe Manchin presented The Greenbrier Resort with its casino license, calling it "a proud day for the employees and the people in Greenbrier County."
Manchin pointed out that The Greenbrier's license varies from other casino licenses issued by the state because it "has a human resource account built into it." A portion of the receipts will help fund hotel employee benefits.
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Manchin pointed out that The Greenbrier's license varies from other casino licenses issued by the state because it "has a human resource account built into it." A portion of the receipts will help fund hotel employee benefits.
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Debt Clouds Future of Miami's Fabled Fontainebleau
MIAMI -- South Florida's Soffer family, already roiled by the June bankruptcy of its $3 billion Fontainebleau casino-hotel project in Las Vegas, is grappling with troubles at another cornerstone of its $7 billion real-estate empire: The original Fontainebleau hotel in Miami Beach.
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Scottish hotels continue to resist downturn
According to accountancy firm PKF, hotels in Scotland and Wales have both benefited from an increase in the number of Britons opting for 'staycations' this summer as Scottish and Welsh sites saw an 8.6 per cent and 2.1 per cent increase in RevPAR respectively.
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Resorts International is latest hotel default-Fitch
NEW YORK, Sept 3 (Reuters) - Borrowers have defaulted on a $227.9 million loan for three Resorts International hotel-casinos in New Jersey and Mississippi, according to Fitch Ratings, in one of the largest transactions hit by the real estate crisis.
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La Quinta Inns & Suites Launches Free iPhone, iPod Touch App
Finding and booking a La Quinta hotel just got easier for iPhone and iPod Touch users who download the newly released, free La Quinta app at the iTunes App Store. The application quickly and easily finds a La Quinta hotel near a location based on the latest GPS mapping technology. Now anytime, anywhere users can book a room at a La Quinta hotel, change an existing reservation, get driving directions to/from the hotel, view photos and get detailed service and amenity information. In addition, La Quinta Returns members can access their account to earn rewards and book free nights online. To get additional information about a specific hotel, users can click-to-call any hotel directly.
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Las Vegas Sands: Too Big to Fail?
I was a long-term bear on U.S. casinos in 2007, more on the fact that I thought Las Vegas exemplified all the aspects of American consumerism that were going to change - namely excess. [Oct 3, 2007: A Top in Casino Names? Wynn and Las Vegas Sands] [Nov 1, 2007: China Can't Save Las Vegas Sands - It's Getting Crox'd]
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Makena Resort and Maui Prince Hotel Future Brightens As Threat Of Closing Disappears
MAKENA, MAUI—The Maui Prince Hotel and Makena Resort will continue operating and welcomes reservations as new management prepares for transition.
“The threat of closing has disappeared,” said Barry Sullivan, attorney for Wells Fargo Bank, the mortgage lenders trustee. “We are confident there will be a smooth transition to the new resort management company.”
Travel agents are encouraged to continue booking the Maui Prince Hotel and Makena Resort for visitors because there is a plan for uninterrupted operation. All the various interests are in agreement. A Maui court is expected to approve the plan next Tuesday, Sept. 8, 2009.
Hotel guests can look forward to the same unique Maui experience that the Maui Prince
has provided for 26 years. Each of the 310 rooms has a breathtaking ocean view and the hotel amenities are superb.
On October 24, 2009 the hotel and resort looks forward to hosting the XTERRA Makena Beach Trail Run. It is one of the premier events that XTERRA sponsors worldwide each year.
“The North Course has never looked better,” said Erik Johnson, Director of Golf at the Makena Resort. “We are looking forward to hosting the Philadelphia Phillies and Maui’s own 2nd Annual Shane Victorino Celebrity Tournament on November 21, 2009.” The charity tournament is open to all amateurs.
So, the news is good. Maui Prince Hotel and Makena Resort is open, welcoming and ready to accept your reservations.
“The threat of closing has disappeared,” said Barry Sullivan, attorney for Wells Fargo Bank, the mortgage lenders trustee. “We are confident there will be a smooth transition to the new resort management company.”
Travel agents are encouraged to continue booking the Maui Prince Hotel and Makena Resort for visitors because there is a plan for uninterrupted operation. All the various interests are in agreement. A Maui court is expected to approve the plan next Tuesday, Sept. 8, 2009.
Hotel guests can look forward to the same unique Maui experience that the Maui Prince
has provided for 26 years. Each of the 310 rooms has a breathtaking ocean view and the hotel amenities are superb.
On October 24, 2009 the hotel and resort looks forward to hosting the XTERRA Makena Beach Trail Run. It is one of the premier events that XTERRA sponsors worldwide each year.
“The North Course has never looked better,” said Erik Johnson, Director of Golf at the Makena Resort. “We are looking forward to hosting the Philadelphia Phillies and Maui’s own 2nd Annual Shane Victorino Celebrity Tournament on November 21, 2009.” The charity tournament is open to all amateurs.
So, the news is good. Maui Prince Hotel and Makena Resort is open, welcoming and ready to accept your reservations.
Thursday, September 3, 2009
Wyndham Hotels and Resorts to Manage Brand’s Third Hotel in China
PARSIPPANY, N.J. 09-03-2009 —
Wyndham Hotel Group, the world’s largest hotel company with more than 7,000 hotels under 11 brands, today announced the continued international expansion of its Wyndham Hotels and Resorts® brand with the signing of a management contract for the brand’s third hotel in China: the new 337-room Wyndham Wuhan East Lake hotel in Wuhan.
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Wyndham Hotel Group, the world’s largest hotel company with more than 7,000 hotels under 11 brands, today announced the continued international expansion of its Wyndham Hotels and Resorts® brand with the signing of a management contract for the brand’s third hotel in China: the new 337-room Wyndham Wuhan East Lake hotel in Wuhan.
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From The Street To The Steakhouse
On a recent Tuesday night at 6:30 p.m. The Del Frisco's Double Eagle Steak House at Sixth Avenue and 47th Street in Manhattan already had a line of hungry customers waiting to be seated. A parade of limos idled outside. The two bar areas overflowed with raucous, thirsty, suit-clad customers discussing their day's work over $16 martinis.
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Maui Prince Hotel closing, 380 lose jobs
HONOLULU — The operators of the 310-room Maui Prince Hotel — which is being foreclosed upon — said the resort and neighboring golf courses will close in two weeks.
Prince Resorts Hawaii President Donn Takahashi said Monday 380 employees will lose their jobs when the resort is shut down on Sept. 16. Most employees have worked at the resort for more than five years, and many joined the hotel when it opened in 1986, he said.
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Prince Resorts Hawaii President Donn Takahashi said Monday 380 employees will lose their jobs when the resort is shut down on Sept. 16. Most employees have worked at the resort for more than five years, and many joined the hotel when it opened in 1986, he said.
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Hotel sector feeling the pinch as economic slump hits travel
If you're in the market for a hotel, now may be as good a time as any, according to a report by Colliers International Hotels. But buyers should be ready for a rough ride as the economy takes a toll on travel.
Hotel values have taken a hit as buyers stay away from a property segment bruised by a drop in tourism and corporate travel. A severe credit crunch that has banks leery of lending to the sector has also caused buyers to stay put.
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Hotel values have taken a hit as buyers stay away from a property segment bruised by a drop in tourism and corporate travel. A severe credit crunch that has banks leery of lending to the sector has also caused buyers to stay put.
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IFRS Risk Planning and Controls Execution
Conversion to IFRS will be far more than a technical accounting exercise. Implementing IFRS will impact many, if not all, aspects of your business operations, including information technology. It may bring companywide changes that will spawn new risks. These include system changes, modifications to processes impacting employees’ day-to-day duties, and new accounting policies.
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Simplified Reporting: Forgotten in the Crisis?
August 2008 was a hopeful time for advocates of principles-based accounting. The United States had a new plan to adopt global accounting standards, which are considered to allow for more judgment than U.S. generally accepted accounting principles. And an advisory group to the Securities and Exchange Commission unveiled a 170-page report recommending ways financial reporting could be simplified, including the belief that bright lines should not exist.
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