Early next month Burger King will be introducing the Pizza Burger at its flagship location the Whopper Bar in NYC. This delectable "morsel" will weigh in with a whopping 2,520 calories under its belt and loaded with nearly 2 pounds of beef (4 whoppers), pepperoni, mozzarella, marinara sauce and will be served on a 9 1/2 inch sesame seed bun.
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Sunday, August 22, 2010
Bethesda firm Host chasing high-end hotels
Bethesda's Host Hotels & Resorts plans to raise $400 million by selling stock, giving the company even more ability to continue its recent run of acquisitions and join other hotel chains that are taking advantage of an industry full of buying opportunities.
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Disneyland Paris falls well short
There's a huge boot print embedded in the tarmac, a balsa wood aeroplane of lifelike proportions sitting beside it and, up ahead, a giant U-shaped piece of Hot Wheels track which brings back fond memories of childhood.
It sounds like a scene from Gulliver's Travels but the screams from riders hurtling up and down the track in a roller-coaster car give the game away. This is, in fact, a theme park ride based on the hit Toy Story movies and it is one of three new attractions which opened last week at the Disneyland resort on the outskirts of Paris.
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It sounds like a scene from Gulliver's Travels but the screams from riders hurtling up and down the track in a roller-coaster car give the game away. This is, in fact, a theme park ride based on the hit Toy Story movies and it is one of three new attractions which opened last week at the Disneyland resort on the outskirts of Paris.
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International credit card fraud syndicate busted
KUALA LUMPUR: City police have smashed an International credit card fraud syndicate with the arrest of three suspects on Monday.
In the bust, police also seized credit cards with a load value of RM23 million and several items believed to be used to produce the fake cards.
The success came after the Brickfields commercial crime police department received a report from a hotel following a fake credit card transaction on July 13.
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In the bust, police also seized credit cards with a load value of RM23 million and several items believed to be used to produce the fake cards.
The success came after the Brickfields commercial crime police department received a report from a hotel following a fake credit card transaction on July 13.
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One of South Africa's top chefs fills Ramsays shoes at One&Only
Riffel - who has gone from eating pig's head as a youngster to feeding well-heeled patrons his signature ginger and caramel pork belly - will replace famed UK chef Gordon Ramsay at Kerzner's One&Only hotel in Cape Town.
Ramsay's Maze restaurant was expelled from the premises following rumours of crisis talks earlier this month.
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Ramsay's Maze restaurant was expelled from the premises following rumours of crisis talks earlier this month.
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Chopotle Grill loses ADA suit
The revolution in tort liability has claimed another victim. Chipotle Mexican Grill Inc. is now traveling lighter by around $140,000, thanks to a decision a few weeks ago by a three-judge panel on the 9th U.S. Circuit Court of Appeals. That might not seem a king’s ransom. But the ruling could have major consequences for the way businesses in this country operate.
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Las Vegas Sands to pay down debt
Las Vegas Sands Corp. plans to pay off more than $1 billion in outstanding debt while extending the maturity of about 75 percent of its loans by at another three years.
The move, announced Wednesday in a filing with the Securities and Exchange Commission, gives Las Vegas Sands some financial breathing room as the company moves to restart stalled casino projects in Macau and explore other gaming opportunities
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The move, announced Wednesday in a filing with the Securities and Exchange Commission, gives Las Vegas Sands some financial breathing room as the company moves to restart stalled casino projects in Macau and explore other gaming opportunities
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Hotel guests evacuated during electrical fire
A small electrical fire in Boston’s InterContinental hotel early yesterday morning resulted in guests being evacuated for hours and threatened to postpone a wedding.
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Gunmen fighting Rio police invade luxury hotel
RIO DE JANEIRO — Heavily armed drug gang members engaged in an intense firefight with police, then fled into a luxury hotel popular with foreign tourists and held about 30 people hostage for three hours Saturday before surrendering.
The upscale, beachside neighborhood of Sao Conrado where the Intercontinental Hotel sits was transformed into a war zone as upward of 50 gunmen with high-caliber rifles, pistols and even hand grenades faced off with police.
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The upscale, beachside neighborhood of Sao Conrado where the Intercontinental Hotel sits was transformed into a war zone as upward of 50 gunmen with high-caliber rifles, pistols and even hand grenades faced off with police.
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Saturday, August 21, 2010
Quebec Government mandates new sales recording system to fight tax evasion
MONTREAL - Steven Raymond says it's a good time to be in the business of selling cash registers and point of sales terminals to restaurants.
That's because about half of Quebec's estimated 20,000 restaurants will be required to upgrade their equipment in the next 14 months to conform to new rules to fight tax evasion in the industry.
"We don't know how many new customers we're going to get," said Raymond, the sales manager for POS Terminal 2000, based in Rivière des Prairies. "It will depend on our capacity to install everybody. There is going to be a big bottleneck at some point for the whole industry."
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That's because about half of Quebec's estimated 20,000 restaurants will be required to upgrade their equipment in the next 14 months to conform to new rules to fight tax evasion in the industry.
"We don't know how many new customers we're going to get," said Raymond, the sales manager for POS Terminal 2000, based in Rivière des Prairies. "It will depend on our capacity to install everybody. There is going to be a big bottleneck at some point for the whole industry."
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Delta's La Guardia food court goes upscale
Delta Air Lines can't promise that you'll never get stuck at La Guardia Airport again, but they can promise you'll never go hungry.
The airline is revamping the domestic airports' food options, opening up 13 new eateries over the next year – and we're not talking boxed lunches.
Travelers will get their first taste of the nouveau airport cuisine this weekend, when four of the kitchens open their temporary pop-up restaurants Saturday.
“Delta has a large emphasis on the business traveler, so we're offering a refined, contemporary dining experience,” said Rick Blatstein, chief executive of OTG Management, the airport restaurateur hired by Delta to develop and run the new dining operation at LaGuardia. “We want customers to feel like they're sitting in any Manhattan restaurant.”
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The airline is revamping the domestic airports' food options, opening up 13 new eateries over the next year – and we're not talking boxed lunches.
Travelers will get their first taste of the nouveau airport cuisine this weekend, when four of the kitchens open their temporary pop-up restaurants Saturday.
“Delta has a large emphasis on the business traveler, so we're offering a refined, contemporary dining experience,” said Rick Blatstein, chief executive of OTG Management, the airport restaurateur hired by Delta to develop and run the new dining operation at LaGuardia. “We want customers to feel like they're sitting in any Manhattan restaurant.”
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Max & Erma's gets new owner
Many observers and franchisees believed all Max & Erma’s needed was an experienced restaurant hand to guide it through what have become choppy industry waters in recent years.
It may be getting just that. The Columbus company’s new owner includes a high-profile restaurant executive and investor and an industry management veteran who already has restructured and led several dining chains out of their financial troubles.
Denver-based American Blue Ribbon Holdings LLC, owner of the Village Inn and Bakers Square regional restaurant businesses, has been approved by a judge in U.S. Bankruptcy Court in Pittsburgh to buy Max & Erma’s Restaurants Inc. for $28 million. The deal is expected to close Aug. 31.
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It may be getting just that. The Columbus company’s new owner includes a high-profile restaurant executive and investor and an industry management veteran who already has restructured and led several dining chains out of their financial troubles.
Denver-based American Blue Ribbon Holdings LLC, owner of the Village Inn and Bakers Square regional restaurant businesses, has been approved by a judge in U.S. Bankruptcy Court in Pittsburgh to buy Max & Erma’s Restaurants Inc. for $28 million. The deal is expected to close Aug. 31.
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Colony Capital said to be eyeing Hawaii again
Colony Capital LLC, a Los Angeles-based investment firm whose Hawaii portfolio once included the Hyatt Regency Waikoloa and Orchid at Mauna Lani on the Big Island, is again considering investing in Hawaii real estate.
Tom Barrack, Colony Capital chairman and CEO, was in Hawaii this week to meet with bankers and property managers to review market opportunities, a source said. Barrack was scheduled to be on Kauai and Oahu to discuss potential investments that include hotels, retail and office buildings, and banks, the source said.
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Tom Barrack, Colony Capital chairman and CEO, was in Hawaii this week to meet with bankers and property managers to review market opportunities, a source said. Barrack was scheduled to be on Kauai and Oahu to discuss potential investments that include hotels, retail and office buildings, and banks, the source said.
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STR: US hotel pipeline for July 2010
HENDERSONVILLE, Tennessee—The total active U.S. hotel development pipeline comprises 3,412 projects totaling 359,264 rooms, according to the July 2010 STR/TWR/Dodge Construction Pipeline Report released this week. This represents a 26.4-percent decrease in the number of rooms in the total active pipeline compared to July 2009. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages, but does not include projects in the Pre-Planning stage.
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STR: Caribbean/Mexico pipeline for July 2010
HENDERSONVILLE, Tennessee—The Caribbean/Mexico hotel development pipeline comprises 137 hotels totaling 17,208 rooms, according to the July 2010 STR/TWR/Dodge Construction Pipeline Report released this week.
Among the countries of the region, Mexico reported the largest number of rooms in the total active pipeline with 10,819 rooms, with nearly 50 percent of its rooms in the In Construction phase (5,121 rooms). The Dominican Republic (1,929 rooms) and Puerto Rico (1,210 rooms) also reported more than 1,000 rooms in the total active pipeline.
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Among the countries of the region, Mexico reported the largest number of rooms in the total active pipeline with 10,819 rooms, with nearly 50 percent of its rooms in the In Construction phase (5,121 rooms). The Dominican Republic (1,929 rooms) and Puerto Rico (1,210 rooms) also reported more than 1,000 rooms in the total active pipeline.
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