Word: marriotts
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...BARGE Not enough time for an overnight jaunt? For a predinner cocktail with panache take a leisurely sunset cruise down the Chao Phraya in the Marriott's Manohra Moon. Nursing a cool drink in the comfortable embrace of rattan chairs, you can enjoy the City of Angels tinted pink by the setting sun. The daily cruise lasts about an hour and floats by some of the river's loveliest sights, from the serpent-shaped finials of the Grand Palace to the phallic silhouette of Wat Arun. At $8 for a glass of wine and another $11 for the cruise...
...have to adapt to changing circumstances. Still, says Walsh, "I think it's more than fantasy, and we are likely to see far more retirement options. Maybe they won't buy that plot of land, but they and their friends will check in together to the same Marriott assisted-living community." One way or another, the growing number of such communal visions in the 50-plus generation is bound to change what retirement looks like in the years to come...
WEITZ: I'll piggyback on the hotel business with Host Marriott. The stock is about $7.50. They own Ritz Carltons and Marriotts and high-end hotels. Going into this year, I expected them to earn about $2 per share, pay out $1.04 as a dividend, spend about 50[cents] on required maintenance and have about 50 cents left to reinvest in new properties. On that basis, the properties could be sold with one phone call for about $15 a share. So if it takes five years to get to $15, you make 15% a year. And I can't imagine...
...Hoyts’ cinemas in the hinterlands no longer allow movie-goers to bring bags into movies—consumers are meant to believe that these draconian measures are for our own security, and not for the security of Hoyts’ tremendous concession markup. The Marriott Marquis hotel in Times Square, whose glass elevators tourists eager to zoom 45 stories above Manhattan have sardined into during countless past Thanksgivings, this year required room keys for entry into its lobby. Meanwhile, at Penn Station in New York City, no one without a train ticket could sit in the waiting area?...
Hoyts cinemas benefit from a decrease in fairly priced food smuggled into its theatres. With fewer sightseers clogging its elevators, the Marriott has a happier paying clientele. And by roping off its waiting area, Penn Station prevents homeless people, the mere sight of whom might disturb Amtrak’s sensitive clientele, from drowsing on its chairs. Such baldly self-serving measures could never have been implemented in less anxious times without tremendous public outcry...