Word: airport
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Dates: during 1990-1999
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...companies are often surprised when they look closely at the benefits of rapidly developing regional economies. Airline deregulation, for example, has spawned handy new international hubs in places once better known for their bus terminals. Atlanta has played its airport trump card effectively, one reason Holiday Inn is in the midst of moving there from Memphis. Says Memphis Chamber of Commerce president David Cooley: "We don't have a nonstop to London, and Atlanta does...
...takes people a while to get used to living in Orlando. This is a city where they vacuum the streets at night and disinfect the public telephones with Lysol, where the airport has a moat with live alligators in it, where you can buy your hubcaps at Hubcap World. "At first Orlando weirded me out," says Bob Simonds, 28, a producer from Los Angeles who filmed a movie there. "I saw it as a big Disney production. It seemed like a fraud, a city on overload. Now I love this place. It's like Norman Rockwell's America or Dennis...
...shrine, it is surpassed only by Kyoto, Mecca and the Vatican. The 2,558-sq.-mi. metro area has the largest concentration of hotel rooms in the country (76,300), with the highest occupancy rate (79%). More than 18 million passengers arrive at Orlando International Airport every year, three times the number entering 10 years ago -- and, if the planners are right, half the number who will alight three years from now. Cities from Rio to Frankfurt have direct flights to the Disney doorstep, and airport officials are already preparing for a day in the next century when tourists from...
...Angeles. Traffic on Interstate 4, which runs through the heart of the city, slows to a long standstill at rush hour. A regional planning group has said the highway will need 22 lanes by the year 2000; it now has six. A beltway that will run from the airport around the city is being started just as the head of Disney Attractions, Dick Nunis, is beginning to talk about the need for a second such artery. And so far, no one can agree on where, or even whether, to build a public transportation system for the metro area...
...landmarks. Bally has effectively agreed to hand over the keys to its Las Vegas and Reno resorts to a group of creditors. The Westin Canal Place in New Orleans was repossessed by Travelers. The Four Seasons hotel in Austin has been foreclosed by Manufacturers Hanover. The Los Angeles Airport Hilton is in the hands of Security Pacific National Bank. "It is unprecedented what has been going on with hotel foreclosures," says David Renton, who heads a hotel investment firm in Stamford, Conn. "This is the worst crisis for the industry since the Great Depression...