Word: laborators
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...Hotels are highly sensitive to economic conditions, labor, cost of living and consumer confidence. So, when times are at the lowest like this, it's probably not the best time to go to the market and expect to get a huge payoff," says Mark Lunt, a principal in Ernst & Young's hospitality advisory practice. "It would appear that this is early in the cycle to have a hotel...
...Hyatt acted faster and gone pubic in 2007 or even mid-2008, before the bubble burst, valuations would likely be much higher, says Butler. "The hotel world fell off a cliff on Labor Day 2008 - the world truly changed in terms of values, liquidity, banking - all of the factors that are critical to valuation," he says...
...employee at Doma. “We really didn’t know much about the calendar change, so we ran out—but not empty-empty.” Khadka pointed to the sparsely-stocked shelves, evidence of a welcome boost in sales over the long Labor Day weekend. He had just finished placing an order for more liquor. “The summer is slow for us, since most of our customers are students,” Khadka explained. He estimated that Doma orders twice as much alcohol per week during the school year than...
...White House released the President's remarks Labor Day afternoon, and it's hard to imagine even the most dogged partisans finding much to object to in sentiments such as, "No matter what you want to do with your life - I guarantee that you'll need an education to do it." Much of the speech hews to Obama's campaign-trail exhortations to children to put down video games, turn off the television and pick up the schoolbooks. Obama will specifically ask kids to fulfill their responsibilities and give shout-outs to the founders of Facebook and Twitter as young...
...will make clear, as he has before, that the time for action is now. On Sept. 7, at a fiery Labor Day rally in Cincinnati, Ohio, Obama offered a sneak peek. "Debate is good, because we have to get this right," he told the crowd. "But in every debate there comes a time to decide, a time to act. And Ohio, that time...