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Although revpar has been declining at a slower pace in recent months - slipping 20.4% in May, 18.7% in June and 15.7% in July - Bowers doesn't expect revpar to stop falling until 2011 at the earliest. Butler believes it could be 2013 before the industry significantly rebounds...

Author: /time Magazine | Title: Hyatt's IPO: Bad Timing or Family Necessity? | 9/9/2009 | See Source »

...This would not be my choice for [an IPO] window," concurs Jim Butler, chairman of the global-hospitality group at Jeffer, Mangels, Butler & Marmaro LLP. (See TIME's Travel page for city guides, stories and advice...

Author: /time Magazine | Title: Hyatt's IPO: Bad Timing or Family Necessity? | 9/9/2009 | See Source »

...Then again, Grassley, who will be 76 this month, has always been a free spirit. He still lives in the Butler County precinct where he was born, farming 710 acres of corn and soybeans with his son and making a point of holding at least one meeting a year in each of the state's 99 counties. Ever thrifty, he coasts his 13-year-old Lincoln (bought used, of course) down the ramp to his spot in the Hart Senate Office Building garage to save on gas. As a Senator, he bucked President Bush to work with Baucus and House...

Author: /time Magazine | Title: Why Grassley Turned on Health-Care Reform | 9/3/2009 | See Source »

...thing for certain: I didn’t apply to Harvard because my parents went here. I applied because Natalie Portman went here. Maybe the Admissions department should take that into account. If I were just following the family, I’d be at Butler...

Author: By Alexandra A. Petri, CRIMSON STAFF WRITER | Title: Give Legacies a Chance | 8/20/2009 | See Source »

...IMAX screens, where the price of admission is much steeper. Of the two sophomore entries, G-Force, Jerry Bruckheimer's locked-and-loaded version of Alvin and the Chipmunks, came in third with $17.1 million, and The Ugly Truth, Katherine Heigl's R-rated tryst with Gerard Butler, plunged 53% to amass $13 million. Since the movie cost only $38 million to make, it'll end up in the black. The financial future is gloomier for the comedy Aliens in the Attic, which opened in the basement at $7.8 million...

Author: /time Magazine | Title: Box-Office Weekend: Apatow's Funny Peculiar | 8/3/2009 | See Source »

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