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Hotels Struggle, but Guests Less So (New York Times)
While major hotel companies are reeling from a drop in demand, many bargains can be had for those with the inclination and money to travel.
Katrina Kaif homesick in New York (Calcutta News)
Katrina Kaif is currently shooting in New York with John Abraham and Neil Nitin Mukesh for Kabir Khan's next venture, but she isn't too happy being away from home and family.
Lower East Side of N.Y. beckons with shops, museums, food (Courier-Post)
For waves of immigrants to America, New York City's Lower East Side was a place of first settlement. Today it's one of the city's trendiest neighborhoods. But it's easy to find history amid the hipsters.
Strategies for booking hotels on a budget (AP via Yahoo! News)
When the economy was booming, many hotel companies began building new properties. Some of those are opening now, resulting in a 2.5 percent increase in hotel room supply this year, just as demand is dropping by around 1 percent or more, according to Jan Freitag of Smith Travel Research.
The Creditors of Lehman Can Do Little but Wait (New York Times)
Creditors of Lehman Brothers ' international business, arriving at London's gigantic O2 concert hall on Friday, had no illusions about getting their money back any time soon, The New York Times's Julia Werdigier reported.
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 ...
New iPerceptions Data Shows eCommerce Sites Fall Short For Consumers (Business Wire via Yahoo! Finance)
NEW YORK----iPerceptions Inc. , a leading provider of web-focused Voice of Customer analytics, today released new data that indicates that eCommerce and retail companies are risking millions in sales by underserving site visitors in the run up to a challenging holiday season. iPerceptions' 4Q website survey data collected from over 50,000 site visitors shows that consumers are often unable to ...
New Hyatt ads are savvy, but suspicious (Chicago Sun-Times)
Lewis Lazare: Ah yes, hotels. Perhaps aside from some major airlines and a few high-profile luxury goods companies, no other business is as marketing driven as the hotel industry. Chicago-headquartered Hyatt Hotels & Resorts, armed with a new ad agency, BBDO/New York, is launching a new global ad campaign this month to ensure it remains competitive vis a vis the Hiltons, Westins and ...
Hilton, Blackstone Deal Closes (Commercial Property News)
Hilton Hotels Corp. and The Blackstone Group announced late today that the previously announced takeover of Hilton has closed. Hilton's common stock went for $47.50 in cash. Hilton stock will no longer trade on the New York Stock Exchange.
Baker & Jares: Woodhaven office building has new owner (Fort Worth Star-Telegram)
The five-story, kidney-shaped Western Insurance Co. office building along the East Freeway in the Woodhaven neighborhood has been bought by a New York-based commercial real estate company that owns other office buildings and hotels in the area.
