Word: hyatt
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...Orleans last Thursday morning was by far the most important in the airline's turbulent history. After being grounded in bankruptcy for almost two years, Braniff was back in business. It took off with freshly painted red-white-and-blue jets, a new major stockholder in the Hyatt Corp., competitive fares, fewer employees and a slimmed-down route system serving 19 cities, vs. 49 before. Said William Slattery, 41, the former TWA executive who heads Braniff: "We are looking to direct ourselves in ways that are so basic that they can't be easily countered by any competing...
...airline's savior was Chairman Jay Pritzker, 61, of Hyatt, the hotel-operating company. Pritzker and Braniff put together a deal that gave the carrier $70 million to get back into business, while Hyatt got control of 80% of the airline's stock. Everyone, it seems, gave up something. Braniff s workers saw their ranks dwindle from 9,400 to 2,200 and their pay shrivel: pilots agreed to annual salaries of $38,000, vs. an industry average of $68,900. Creditors approved the revival plan, as did most of Braniff's unions. Slattery was recruited from...
Part of the allure of these new networks is, simply, prestige. "I call it the Hyatt Regency mentality," says David Prosperi, assistant professor of planning at the University of Cincinnati. "Many cities think they have to have a rail system to be a first-class city." Underneath the arriviste attitude, however, lies a persistent conviction, not always well placed, that mass transit can reduce congestion in traffic-choked downtowns, spark commercial growth and control pollution. Says A.P.T.A.'S Gilstrap: "When businesses decide where to locate, they look for a city that works well. Good mass transit is both evidence...
...program's popularity has spawned a slew of Who conventions. A two-day gathering held at Longleat, the Marquess of Bath's stately home in Wiltshire, drew 60,000 fans last Easter. A 20th-anniversary celebration of the series at Chicago's Hyatt Regency O'Hare in November attracted more than 7,000 aficionados. "Chicago has suddenly become the hotbed for Doctor Who, " says Rose Arias, 22, president of the Celestial Intervention Agency (CIA), a fan club for the program...
Rooms at the top come at a price. A club-level berth at the Ramada Renaissance Hotel near Denver runs $115 a night, compared with $72 for a standard room. At the Hyatt Regency Chicago, club-floor guests pay up to $900 a night for suites decorated with antique furniture, soft salmon colors and fireplaces. The hotel keeps a record of its customers' preferences. Said a concierge: "We can look at his card and know he was born on June 24, drinks Scotch and water, and wants a feather pillow instead of a foam...