Word: expect
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...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: an ipo for another of his hotel companies...
...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: an IPO for another of his hotel companies...
...common dangers facing service members in Iraq have helped close the gender gap. In today's Army, nobody gallantly holds the humvee door open for a female, and a woman is expected to carry as much (Swenson's full gear weighs 115 lbs.) and to shoot as well as a man. Women service members refer to themselves either as "combat Barbies"--those who fight the losing battle of trying to look pretty in Iraq's sandstorms and winter sludge--or "hooah girls," named after the motivational grunt of obedience that soldiers give their superiors. "We females do combat ops," says...
Institutions such as Harvard have a special obligation given their great potential for influence. Yet to expect established institutions to head the movement for wholesale reform is naïve. Rather, the passionate individuals that compose civil society must lead the charge. Only then will the various “enlightened” or “progressive” institutions follow suit...
...budget watchdog. Karl Haws, a former Redlands mayor and city councilman who made the formal motion in January 2000 to give Shockey's firm a contract for $30,000, according to council minutes, says it was "helpful to have a knowledgeable person to guide you.... We can't fairly expect Mr. Lewis, with all of his responsibilities, to drop everything and research what we want when we want...