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J.D. Power and Associates Reports: Chukchansi Gold Resort & Casino Ranks Highest in Customer Satisfaction With the Casino Experience in Inaugural Northern California Casino Study
Satisfaction Levels are Considerably Higher among Members of Casino Players Clubs
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European Chain Hotels Market Review - September 2008
Profit falls furthest in Paris
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PKF Revises Forecast to Reflect Acceleration of Economic Downturn
The downward gravitational pull on the national economy resulting from extraordinary financial events currently playing out on Wall Street and in Washington has prompted PKF Hospitality Research (PKF-HR) to revise downward its hotel industry forecast for 2009 issued September 2008. The company is now expecting RevPAR and profit declines of 4.3 percent and 7.9 percent, respectively, for U.S. hoteliers in 2009, according to its updated forecast.
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Hotel Management Agreements: SNDAs or Subordination Agreements - By Jim Butler, author of www.HotelLawBlog.com
Hospitality Lawyer on how SNDAs or Subordination Agreements affect the value, financeability, and collateral value of a hotel.
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STR releases 2008, 2009, 2010 projections
No growth expected for occupancy and RevPAR, but ADR growth should hold
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STR Global, STR release September 2008 worldwide hotel performance results
Global markets show mixed results as two key measurements decline
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Canadian Occupancy, ADR, RevPAR - Week Ending October 18, 2008
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada.
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Financial |
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MGM MIRAGE Reports Third Quarter Results
The Company earned $0.22 per diluted share from continuing operations for the 2008 third quarter compared to $0.62 in the prior year third quarter. Results for the 2008 quarter included a non-cash write-down of $30 million, or $0.07 per diluted share, related to the 36-hole Primm Valley Golf Club and underlying land.
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Boyd Gaming Reports Third Quarter Results
For the quarter, the company reported income from continuing operations of $8.7 million, or $0.10 per share, compared to $31.9 million, or $0.36 per share, in the same period last year.
...more
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