Hints and tips:
...Activist investor Sparta Capital Management is calling on London-listed engineer Wood Group to consider a US listing to address the “continued underperformance of its shares”....
...Wyndham’s management is right to play hard to get. Any deal would probably attract antitrust scrutiny. Wyndham may be looking to be better compensated for taking on this risk....
...After 15 years as a developer, however, he’s decided to embrace hotel management too — this will be the first owner-operated Aedes hotel....
...One serving senior official said the WhatsApp group for his department’s senior management was “a perpetual, rolling meeting in the background”....
...A mining company and a double-murder in Missouri Five years ago, two middle-aged South African bikers rolled up in Springfield, Missouri, and checked in to La Quinta Inn....
...Then there was The Inn at Little Washington in nearby Virginia, which was co-founded in 1978 by Patrick O’Connell. It was already showered with awards....
...In February 2014, White Lodging Services Corporation, a hotel management company, reported a breach that began the previous year and affected Renaissance and Holiday Inn hotels....
...Mr Chai and Mr Khosrowshahi met in early June at the Loews Regency Hotel in midtown New York. A few weeks later, the job was his....
...Group funds under management grew 20 per cent from the same time last year to stand at £85.7bn at September 30. Assets have increased by 14 per cent since the start of the year....
...The activity has continued in recent months, with New York-based Sachem Head taking a small stake in UK-based Whitbread, which runs the Costa Coffee chain and Premier Inn hotels....
...Management forecast realising $27m in annual run-rate savings by 2018, “primarily related to elimination of duplicative corporate and property-level operating costs”. Martin E....
...Ex-Greenhill guy Simon Borrows hasn’t achieved the same uplift on debt management....
...He left the group in 2005 after disagreements with its management, to focus instead on real estate investing....
...The company’s management is devoting ever more attention to the question of what happens when luxury hotel guests begin to creak....
...A change of management at Travelodge, Premier Inn’s closest peer, means it is back in expansion mode while Airbnb presents a disruptive threat that, so far, has been masked by a buoyant market, said Numis...
...Mr Urwin received a bachelor of laws degree from the University of Birmingham and was called to the English Bar as a member of the Honourable Society of Gray’s Inn....
...Richard Foster, a Yale University management professor, calculates that in the 1920s US companies lasted on the S&P index for about 65 years on average....
...Premier Inn grew its sales by 11.6 per cent and said that occupancy had remained at 87 per cent in the first half. In London, sales grew by 21.1 per cent as Premier Inn opened 20.3 per cent more rooms....
...Ms Williams, the group pensions director at Whitbread, operator of Premier Inn hotels, will succeed Ruston Smith whose two-year tenure ends in October....
...As part of the deal, Electra is injecting £100m into the chain alongside TGI’s UK management team, led by managing director Karen Forrester....
...Aged 67, the new chairman of Court, the Bank of England’s management board, may have found that “edge” as he takes responsibility for the delicate task of overseeing an investigation into the BoE’s role...
...“Steady hands on the wheel,” is how Mr Nassetta describes his management style....
...Hilton has pushed a strategy to license its brands to third-party operators through its franchise and management contract businesses....
...Leading the blue-chip fallers, InterContinental Hotels was down 2.3 per cent to £18.23 after it said room revenue growth in September had slowed, largely because of a downturn at its Holiday Inn brand....
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