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HEI Hotels & Resorts Appoints Brian Mayer Senior Vice President of Operations (PR Newswire via Yahoo! Finance)
HEI Hotels & Resorts, the nation's fastest growing private owner/operator of hotel real estate, today announced the appointment of Brian Mayer to the position of senior vice president of operations.
AAA releases 2009 list of 'Five Diamond' hotels and restaurants (USA Today)
Lovers of U.S. luxury hotels should go West. For 2009, three of six lodgings added to AAA's prestigious Five Diamond list are in California: The Beverly Hills Hotel and Bungalows; Montage Laguna Beach; and Four Seasons Hotel Westlake Village.
Host Hotels' shares fall after outlook withdrawal (INO News)
(AP:NEW YORK) Shares of Host Hotels & Resorts Inc. declined on Tuesday after the real estate investment trust withdrew its guidance for the remainder of 2008, citing a deteriorating economy and a drop in travel spending.
S&P lowers outlook on Host Hotels & Resorts (INO News)
(AP:NEW YORK) Standard & Poor's Ratings Services said it lowered its outlook on Host Hotels & Resorts Inc. on the likelihood that an indicator of its revenue generation will continue to soften next year.
Dubai hotels are world's most expensive (AME Info)
With an average rate of $290 per night, Dubai hotels ranked highest globally in terms of average room rate for August, according to a report by STR Global. Dubai was followed by Paris at $280 and New York at $261. Dubai hotels achieved 81.6% occupancy levels in August, the report added.
Ready for New Rides? (CBS 6 Richmond)
DOSWELL, VA - Kings Dominion will debut two new family rides when the park opens for its 2009 season. Americana, a giant 110-foot Ferris wheel, and El Dorado, a high-in-the-sky swinging pendulum ride will be added to Kings Dominion's impressive lineup of family friendly attractions.
Zagat out with new guides to U.S. hotels and European restaurants (Canoe Travel)
NEW YORK - Two new Zagat guides offer reviews of hotels in the United States and restaurants in Europe.
Souring Economy Catches Up To New York City Hotels | cnn.com (Hospitality Net)
A souring economy is taking a bite out of the Big Apple's robust hotel industry. New York City's hotels have been on a roll over the past year as a declining U.S. dollar lured throngs of foreign investors from Europe and Asia ready to spend big sums of cash on nice restaurants, shopping and other retail fare. Hoteliers were able to charge very high room rates amid a limited supply of rooms, even ...
Sports Executive Dave Checketts on Ambition, Passion and 'Difficult People' (Knowledge at Wharton)
As Dave Checketts, chairman of New York-based sports ownership group SCP Worldwide, tells it, mastering the art of the confrontation took him years. He learned by tangling with some real intimidators, including a nose-to-nose battle of wills with former New York Mayor Rudy Giuliani at Madison Square Garden in 1996. During a recent Wharton Leadership Lecture, Checketts noted the key role that ...
Pakistan Airline to Pledge New York, Paris Hotels to Raise Cash (Bloomberg)
Nov. 19 (Bloomberg) -- Pakistan International Airlines Corp. , on course for a fourth straight annual loss , plans to raise 30 billion rupees ($379 million) by pledging two hotels as it struggles to raise funds amid the credit crunch.
