Word: boomerism
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...sent the late Lucius Boomer of the Waldorf-Astoria and Pan Am Vice President H. B. Dean on a tour of South America to drum up local capital to build or buy hotels. The field looked so ripe that Pan Am put up $1 million to start a new subsidiary, Intercontinental Hotels Corp., arranged a $25 million credit with the Export-Import Bank, and decided to girdle the globe with hotels...
...cream, has had an income as substantial as most of its customers. Last week) 61-year-old Childs decided to upgrade its food and its balance sheet. For "more than $2,000,000" it bought upwards of 90% of the stock in Sherry's from Mrs. Lucius M. Boomer, widow of the Waldorf-Astoria Hotel's longtime board chairman. (Boomer founded the confectionery company with the late Louis Sherry after Sherry's fashionable Fifth Avenue restaurant closed down during Prohibition...
...come to Oklahoma until 1906, they say, when she was a full-blown, dark-haired woman of 25. Her father, William B. Skirvin, was a farm-implement salesman, a brash, stubby little cockerel of a man, who left Sturgis, Mich, and headed for the thriving Southwest. Like many another boomer, he set up in real estate in Galveston, Tex., then made a killing around Alta Loma, 18 miles north. Oldtimers are still bitter about that. Wrote...
...grand hotels grossed $16,500,000 last year, more than any hotel ever took in anywhere, and in spite of stiff costs it began to make a little profit. Service began to slip a bit, but terrapin and Irish golden plover was still on the menu. Anyway, Boomer had found that guests now paid more attention to who was in the floor show than to what was on the menu...
...years ago, at 66, Boomer retired as president, became board chairman. Last winter he relinquished his lordly 37th-floor suite for a time to the deliberating Big Four foreign ministers. This spring he sailed for a summer's holiday in Norway, his wife's old home. There last week the nation's No. 1 innkeeper died of a heart attack, as he sat in the lobby of Hamar's Astoria Hotel...