Word: smalls
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Dates: during 1990-1999
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...decades neither knows if the other has been killed. Fast-forward a half-century. The twins have survived. Peiyuan, politically maimed from the Cultural Revolution, lives quietly on a small pension in Changsha, the gray, polluted capital of Hunan. Peiji, who made his way to Taiwan with the retreating KMT, lives very unquietly in neon-struck Taipei. He is president of CTS, one of Taiwan's main TV networks. As boys they were indistinguishable. Now their faces tell very different stories: Peiyuan's face, thin and ravaged, is the story of a China that Mao wrought, with its famines, executions...
...strangely, if you take a step out of his office, you can find a woman selling Taoist trinkets. A hundred steps away is a small Beijing park that is packed most mornings with dozens of Chinese practicing the slo-mo robotics of Tai Chi, which while secular is deeply Taoist. A mile away is a Protestant church that draws 3,000 souls to its weekend services. Within a hundred miles are scores of monasteries, seminaries and altars. Despite 50 years of the most violent scrubbing, religion still coats China with an ancient varnish. And as the nation's core ideology...
...either love them or hate them," says Bill Kimpton of Schrager's work. He's a former investment banker whose $400 million-a-year, 28-property boutique chain is one of a host of competitors, large and small, who are out to spoil Schrager's good time. Kimpton caters to less image-conscious business travelers who still prize a little personality, including free tarot-card readings, back rubs or goldfish. The San Francisco-based dynamo is establishing a growing national presence, converting bank buildings and department stores in places like Denver and Portland into small, Euro-style hotels...
With occupancy rates falling and the room supply outpacing demand in the $93 billion U.S. hotel industry, the big powers are thinking small. Even though boutiques still account for just a fraction of the total market, the chains "don't really have a choice," says Chekitan Dev, marketing professor at the Cornell School of Hotel Administration. "For all practical purposes, the traditional hotel is obsolete. There's too much wasted space, it doesn't look inviting, and there's an erosion of brand loyalty." Starwood Hotels & Resorts chairman Barry Sternlicht tried in vain to lure Schrager to his camp...
Artificial turf now covers the field in about half of all football stadiums at the professional and major college level, as well as more than 1,500 high school and small college fields. AstroTurf controls the bulk of the market, a $50 million-a-year business...