Word: sheraton
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...strictly a bird of his word. Bollenbach told TIME last summer that he was looking to make significant additions to Hilton's hotel holdings. Last week he found what he was looking for--more than 130,000 rooms. Those lodgings happen to do business under the banner of Sheraton, which happens to be owned by ITT Corp. and run by Rand Araskog, a man not keen on having his corporate masterwork painted over. That's why Hilton's $55-a-share, $6.5 billion offer for ITT, whose holdings also include the Caesars World chain of casinos and Madison Square Garden...
...ride out the real estate crash that bankrupted operators just as smart as he was, bondholders might have got their money back. But that's a junk-bond if. The Phoenician, derided as a symbol of Keating's wretched excess, is a crown jewel for its new owner, ITT-Sheraton, and worth at least twice what Keating spent to build...
BOSTON--A visibly agitated high school student rose to his feet, just after discovering he'd been assigned to play a conservative Congressional representative during this weekend's Harvard Model Congress (HMC) session, which began yesterday afternoon at the Sheraton Hotel...
...many hotels near Harvard, which include the Charles Hotel and the Sheraton Commander, the rate is $23 during rush hour, 2:30 to 6:30 p.m., and $18 at other times...
...doesn't really make a lot of difference to [our patrons]" said Michael S. Struk, assistant front office manager of the Sheraton Commander on Garden Street. He said he quotes a range, not the flat rate, when his guests ask what a cab ride to Logan will cost...