Word: recentered
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Although revpar has been declining at a slower pace in recent months - slipping 20.4% in May, 18.7% in June and 15.7% in July - Bowers doesn't expect revpar to stop falling until 2011 at the earliest. Butler believes it could be 2013 before the industry significantly rebounds...
Although lodging stocks have outperformed the broader market in recent months amid signs the recession may be ending, a full rebound is likely years away, experts...
...Despite the recent drop in poll support for reform, Democratic strategists still see several viable routes to getting a health-care bill through the Senate with the 60 votes necessary to avoid a filibuster. These include, in declining order of preference for the White House: forging a bipartisan consensus to pass the 60-vote threshold; holding all 59 Democratic Senators and recruiting the GOP's Snowe; depending entirely on Democratic votes, including a replacement for Massachusetts Senator Ted Kennedy. The last alternative is to use parliamentary maneuvers to pass major parts of the legislation with just 51 votes...
...tested, sequentially, a second nuclear bomb and a long-range missile, both in express defiance of United Nations Security Council resolutions. The revelation that the North has a uranium-enrichment program (in addition to a plutonium program, which has been the focus of most of the diplomatic effort in recent years) and its assertion that the program is in its last stage now makes the next phase of diplomatic engagement that much more difficult...
...order, and use foreign-aid money to build the roads, dams, bridges and schools that he and the international community have long promised but never delivered. This would win back many Afghans and stall the Taliban's advance. But it won't be easy. To secure victory in the recent election, the President had to indebt himself to the very warlords who are strangling the country with their greed...