Word: orlandos
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Dates: during 1990-1999
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According to its IPO prospectus, the 14 units Planet Hollywood opened last year averaged revenues of $14.3 million each. Its restaurant at Disney World in Orlando, Florida, claims the world's highest gross, at $45 million in 1995, its first year. Revenues are expected to top $50 million this year...
ATLANTA: The Shaq Attack is going Hollywood. The Los Angeles Lakers announced Thursday that they have signed the motherlode of NBA free agents, Orlando's Shaquille O'Neal, to a seven-year, $120 million contract. The move to Los Angeles allows O'Neal, a recording and movie star in his spare time, to more easily pursue these other endeavours. While Laker fans are excited about the addition of a new megastar to the Los Angeles scene, the reaction in Orlando may not be as negative as one would expect. In a poll in the Orlando Sentinel earlier this week...
...billion dollars to eight free agents, three of whom have yet to win a single NBA playoff game. And that doesn't include the biggest fish in this summer's free-agent sea -- Shaquille O'Neal, who has been offered $115 million over seven years to re-sign with Orlando. The barrage of deals began after the league and its players agreed last Thursday to a new labor deal that eases player movement. Free agency in baseball has exacerbated problems between small and large market teams and fed fan resentment toward players who don't play up to their extravagant...
...pool of pilots and flight attendants who found themselves out of jobs after layoffs at large airlines. It is so no-frills that ValuJet president Jordan uses a $100 desk he bought at Home Depot. The strategy has proved a success for ValuJet. In 1993 the airline flew to Orlando and Tampa in Florida from Atlanta; today it serves 31 cities in 19 states. It reported that in April it had flown 50% more "revenue passenger miles" than it had in April 1995. But last month it also announced it had reached a voluntary decision to slow the expansion...
...when, according to Cowles Professor of Sociology Orlando Patterson, "the bottom third of the African-American population--some 10 million persons--live in dire poverty," and "the bottom 10 per cent or so--the so-called underclass--exist in an advanced stage of social, economic, and moral disintegration," seizing opportunity, making use of programs like affirmative action for example (as both men admit was part of the reason they made it to the Ivy League as students), is an integral part of success. A Yankelovich Partners, Inc.--New Yorker survey (the results of which were published in the special issue...