Word: hilton
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Time was when the hotel industry mixed glamour and high finance in an intoxicating cocktail that attracted the most flamboyant entrepreneurs of the past century -- Conrad Hilton, Richard D'Oyly Carte, Cesar Ritz. But check in today at thousands of U.S. hostelries, including Hiltons, Sheratons and Marriotts, and your innkeeper will belong to a far more somber group: Citicorp, Wells Fargo Bank, Travelers insurance and others...
...landmarks. Bally has effectively agreed to hand over the keys to its Las Vegas and Reno resorts to a group of creditors. The Westin Canal Place in New Orleans was repossessed by Travelers. The Four Seasons hotel in Austin has been foreclosed by Manufacturers Hanover. The Los Angeles Airport Hilton is in the hands of Security Pacific National Bank. "It is unprecedented what has been going on with hotel foreclosures," says David Renton, who heads a hotel investment firm in Stamford, Conn. "This is the worst crisis for the industry since the Great Depression...
...aura of war followed Bush all last week, visibly enhancing his stature. More than 3,500 people jammed the Washington Hilton for the national prayer breakfast that Bush attended. The speakers engaged in a kind of nervous one- upmanship in tribute to God and the G.I. At the Washington Press Club Foundation's big dinner, which Bush did not attend, almost no one dared rib the President. One of the few good laughs of the night came from humorist Dave Barry who, professing evenhandedness after some gibes aimed at White House chief of staff John Sununu, said, "I would...
...check into the Tel Aviv Hilton, a five star hotel on the beach that houses the foreign press corps in the city. The lobby is bustling with reporters wearing gas masks around their necks...
...been only an hour and 35 minutes since we heard the first siren at the Hilton. We continue to talk to people, all of whom express outrage at having been targeted by the Iraqis. "Why are they trying to kill our children and not our soldiers?" is a common refrain. All of them are sure that the IDF and the IAF could make short work of the coward who attacks innocents in their homes. "That son of a bitch," one old woman calls him. Anger and indignation, not fear, is the dominant emotion here. In classic Mideastern fashion, people grab...