Word: hotels
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Dates: during 2000-2009
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...foreign press flapped about Palin (and the lack of access to her), few in the local Cantonese media - or most Hong Kongers, in general - seemed to care. Few representatives from Hong Kong's tabloid-driven press stood in the forlorn journalist pen outside the hotel. Shown a picture of Palin, a woman surnamed Ng, who operated a food stand near the Grand Hyatt, professed to not know who she was. "If she is rich and famous, then maybe she goes shopping nearby," said Ng from behind her counter. "Afterward, she can come eat my fishballs...
Andre Balazs, the hotelier behind the impeccably chic Standard hotels of downtown Los Angeles, Hollywood and Miami, has brought his gifted brand of innkeeping to Lower Manhattan's Meatpacking District. Rising up over the Hudson River, the Standard New York is a visually striking property, designed by Todd Schliemann of New York City's Polshek Partnership Architects and built right above the Highline - a former elevated rail track in the process of being converted into an aerial park. The Highline's first section is open to the public and runs between Gansevoort Street and 20th Street. As Manhattan's newest...
...hotel's bar, the Living Room, is currently abuzz with New York City's cultured classes, as is its signature restaurant, the Standard Grill. The latter serves deceptively down-to-earth fare (try the trout); the rest of the hotel, however dwells in fashion's stratosphere and does not come cheap: rates start from $320. For more information, see www. standardhotels.com...
...Reflecting this renewed optimism is the buzz surrounding upcoming initial public offerings by two Macau casino operators. Las Vegas casino titan Steve Wynn, who opened the Wynn Macau luxury hotel and casino in the city in 2006, plans to offer 25% of his Macau operations in an IPO on the Hong Kong stock exchange. The IPO could raise as much as $1.6 billion; the shares are expected to start trading on Oct. 9. "With this IPO, we're a Chinese company with Chinese ownership," Wynn said, adding that the move would help management "assimilate ourselves with China more efficiently...
...operations through an IPO is Adelson's Las Vegas Sands (LVS), although the company has yet to provide any specific details of the offering. Adelson in 2004 was the first Vegas mogul to open a Macau casino; his business today is anchored by the giant 3,000-room Venetian hotel on the Cotai strip. Ron Reese, an LVS spokesman, says that the company is hoping to restart stalled construction on Shangri-La and Sheraton hotels in Cotai as soon as possible. (See 10 things to do in Las Vegas...