Word: high-end
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...scooped up the Pierre. And now Saudi Prince Alwaleed bin Talal al-Saud is spearheading the most recent five-star bid: a $3.9 billion offer by his Kingdom Hotel International and Colony Capital to buy 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...
...Pierre. And now Saudi Prince Alwaleed bin Talal al-Saud, below, is spearheading the most recent five-star bid: a $3.9 billion offer by his Kingdom Hotel International and Colony Capital to buy 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...
...systems like the Sony Playstation, it became apparent that the classic age of "video game music" was coming to a close. New consoles had the processing power and storage capacity to accommodate CD-quality audio, pushing game soundtracks into the realm of Hollywood films. Today's high-end video games often feature unreleased tracks or already famous compositions from established artists.Before its recent leap into the broader music world, game music was an insular genre, one which made the careers of aspiring composers like Hirokazu "Hip" Tanaka and Koji Kondo in Japan. Only in his early twenties when he joined...
...failed Hollywood A-list movie; the other comes from the alt-auteur world of the small comix press. The first, The Fountain, written by filmmaker Darren Aronofsky (?, Requiem for a Dream) and drawn by Kent Williams, arrived in late 2005 from Vertigo/DC in the form of a high-end, full color hardcover graphic novel (166 pages) with a price ($40) that reflects its luxurious production. The other book, Ganges #1 by Kevin Huizenga, co-published by Fantagraphics Books and Coconino Press, looks like an indie comic book - a really nice one - with 32 large-sized pages, two colors (black...
...Group, a marketing-research firm, anticipates that a vendor that sold only to May stores has a "1 in 100 chance" of being selected by Federated. Of course, the change will benefit the companies that fit into Federated's strategy. Barry Miller, president of sales for $50 million high-end hosiery maker Hot Sox, figures he will sell his products in 150 more stores than he did before the merger. Even the big guys are worried. Says Liz Claiborne's Charron: "I'm concerned too. I have to be." The CEO of the $4.6 billion company estimated $50 million...