Word: hotelmen
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...Chicago hotelmen have a saying that no one can make money on the Stevens Hotel but no other Chicago hotel can make money while the Stevens is running. Last week the Stevens tradition marched on: the U.S. Army Air Forces, which bought the huge hotel (world's largest) as a training school only six months ago, now reversed itself and put it up for sale. Chicago innkeepers forthwith went into a deep dither over the "economic disaster' they would suffer if the Stevens came back into competition. Plain citizens went into a dither over what seemed...
Each deal is handled separately and privately. Hotelmen say the Government is "fair and cooperative." But the Government is not bailing out steady losers, and war occupancy does not mean war profits in the hotel business. Example: Government rental for the Ambassador in Atlantic City cover no current obligations...
...Hitz, 48, Viennese immigrant to the U. S. who floor-scrubbed, dish-washed, potato-peeled, super-sold his way into the presidency of the $22,000,000 Hotel New Yorker and National Hotel Management Co., Inc. (seven hotels); of a heart attack; in Manhattan. Best-known of U. S. hotelmen, Ralph Hitz overwhelmed his customers with services, operated under the motto: "Give 'em value and you get volume." His employes' version: "We contact the hell...
...rest of the creditors were willing to gamble on getting back more if the Fair ran another year, and offered to turn over their $350,000 share of the assets to 1940 Exposition, Inc., a new corporation formed chiefly by hotelmen and restaurateurs who had made money by the Fair. Other assets of 1940 Exposition, Inc.: $125,000 of new donations, $1,000,000 from pledged hotelmen, $250,000 more from San Francisco, city & county. Because the Fair's new managers think that they can carry the exposition over the winter and rehabilitate it in the spring with...
...saying, last week cowboyish Governor Roy E. Ayers endeared himself to Montana's rural and Roman Catholic voters-but not to big-city lawyers, dude ranchers, hotelmen-by unexpectedly vetoing a 30-day-residence divorce law passed the week prior by his legislature (TIME...