Word: dollars
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Dates: during 2000-2009
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...Toronto-based Fairmont Hotels & Resorts. The two companies want to create a $5.5 billion high-end leader, with 120 hotels in 24 countries. Why the interest in prestige North American properties? In part, foreign hoteliers hope to lure nouveau-riche travelers from their own countries. A weak dollar and a low-supply lodgings cycle that analysts expect to last until 2008 help. "The broader trend is private-equity interests in hotel assets," says Deutsche Bank analyst Marc Falcone. So far, shareholders are the biggest winners. Fairmont's stock has jumped 57% over last quarter. Next for the prince...
...Toronto-based Fairmont Hotels & Resorts. The two companies want to create a $5.5 billion high-end leader, with 120 hotels in 24 countries. Why the interest in prestige North American properties? In part, foreign hoteliers hope to lure nouveau-riche travelers from their own countries. A weak dollar and a low-supply lodgings cycle that analysts expect to last until 2008 help. "The broader trend is private-equity interests in hotel assets," says Deutsche Bank analyst Marc Falcone. So far, shareholders are the biggest winners. Fairmont's stock has jumped 57% over last quarter. Next for the prince...
...best we could hope for here.” Usmani added that he believes getting HUDS to suspend the other contracts midway is not “feasible at all.” HUDS maintained its refusal to release detailed monetary information about the contacts. “Releasing dollar amounts attached to contracts compromises the competitive bidding process,” Snyder wrote in an e-mail. Snyder said, however, that despite its exclusive contract with Coke HUDS has significantly less business with the company than Michigan, which services 25,000 undergraduates and 19,000 graduate students, HUDS also...
...friends, and nobody I know has received that kind of money. I’m very proud of her — and I’m proud that I was able to play a role in her success.” The half-million dollar deal is unusual considering that most unpublished authors receive $10,000 for their first novel. Even more unique, Viswanthan is the youngest client that Little, Brown has ever contracted in their 110 year history, according to the Sun. The novel chronicles the supposedly fictitious Mehta family’s rigorous...
...Once again, Gretzky responded to questions about his possible link to a gambling ring allegedly financed by his assistant coach with the Phoenix Coyotes, Rick Tocchet. New Jersey authorities have accused Tocchet, a New Jersey state trooper and another New Jersey man with running the multimillion-dollar operation. Gretzky's wife Janet is reported to have waggered more than $100,000 on football games through the ring. Gretzky indicated that he did not know about Janet's alleged sports gambling. "I've said what I said a week ago ? I'm not involved, and quite frankly, it's the last...