Word: cheaping
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Part of the industry's current problem is an oversupply of rooms. Sheraton, for example, is opening up 54 hotels this year, at a rate of one every three weeks, financed in the days when the economy was roaring and money was cheap. As the room glut deepens, hotel builders are slamming on the brakes - there is a 75% increase in projects being stopped. But demand is falling quickly too. "There's [been] nothing like this in history, in terms of falling demand" says Bjorn Hanson an industry analyst with New York University's hotel school. With the strengthening dollar...
...during a recession, cheap entertainment remains popular. Take Hollywood: While stories of soaring attendance during the Great Depression are probably false, movie attendance did increase in five of the last seven recessions. The explanation is simple: Movies provide a dose of high-quality entertainment, which is more in demand during a recession not only because people have more free time but because they have a greater need for escape from their problems. More importantly, movies are a pretty cheap way to spend an evening, and they appeal to a consumer who faces economic uncertainty...
...Thank the giving author. “Holiday Princess,” by Meg Cabot In keeping with its “Princess Diaries” subject, this holiday book cover is pink and white instead of red and green. And just in case you thought this was a cheap attempt to make more money off a series with 13 books and two movies, the cover reminds you that Meg Cabot is a “#1 New York Times Best-selling Author.” It also features a sparkly tiara stem that blooms into a pink flower. Maybe...
...Cheap NYC Parking. The Central Parking company is offering six hours of parking for $15 at any of its 55 locations in Manhattan, through Jan. 31, 2009. Find a garage and print a coupon from the Central Parking website - you can print and use as many coupons as you like. (See 10 things to do in New York City...
...former president of the Lampoon who is in his second year of writing for SNL—says, “They only put me in front of the camera as a sight gag when they need an awkward-looking, childlike nerd when they need a cheap laugh.” Jost and Kenward feel that the show’s performance aspect is one of the biggest differences between writing for the Lampoon and writing for SNL. Writers for the show help produce their own sketches, meaning that they have to think about costumes, sets, and props while discussing...