Budget Hotels

Budget Hotels

Plaza Hotel areas gain landmark status

13.02.2010, 20:48

City officials landmarked the Palm Court, the Oak Bar and the two main lobbies of the Plaza Hotel and also approved a plan by the Fifth Avenue fixture's new owners for the multimillion-dollar restoration of a stained-glass dome dating back to its 1907 debut.

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The Landmark Preservation Committee voted Tuesday to designate eight public spaces inside the internationally known hotel, while offering its approval for work on the spectacular dome above the Palm Court, said committee chairman Bob Tierney. The proposal now moves on to the city Planning Commission.




Discount Retailer Gets Discounted

11.02.2010, 12:28

If investors were giving a small cheer for discount retailer Big Lots (NYSE: BLI - News) after its third-quarter results, they were also quick to boo the company after its latest performance.

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Shares dropped roughly 8% in recent trading as Big Lots once again struggled to meet Wall Street's expectations. It posted a profit (excluding one-time charges associated with store closings) of $0.33 per share for the fourth quarter, well off consensus analyst estimates of $0.43. Revenue growth of 6.1% also fell shy of anticipated results.




Otsego provides emergency info

02.02.2010, 16:40

The state of emergency in Otsego County has been extended through 1:45 p.m. Friday, according to Donald Lindberg, county Board of Representatives chairman.

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The state of emergency was declared last week after rains led to severe flooding in the region. In Otsego County, many roads, bridges and culverts were damaged, and some roads and sections of roads remain closed.

According to Kevin Flint, the county’s deputy highway commissioner, the following county roads are closed totally or in sections:




Keeping it fun, with eye on bottom line

10.01.2010, 11:26

The airline industry faces unprecedented turmoil these days as oil and labor costs soar, competition rages and passengers pinch pennies. Collectively, the carriers lost an estimated $10 billion last year. But one carrier, Southwest Airlines, the Texas-based discount giant, has been making money for 3 1/2 decades.

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When Gary C. Kelly was named chief executive officer in 2004, he inherited the hefty burden of maintaining the streak. He also inherited 31,000 workers and 70 million passengers a year to please.




A King's Noble Mission

07.01.2010, 16:34

It was an idea sparked by some friends, an idea that later on reinforced by global initiatives to help curb the spread of HIV/AIDS (Human Immunodeficiency virus/acquired immune deficiency syndrome).

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I think it is our corporate responsibility to initiate such move. If I don’t do it, who will?"

Those were the thoughts of Ian King, the youngest among the siblings of Victoria Court owner Archie King. This bachelor, who is one of the managing directors of the King’s family business, is hoping to save lives by taking a stance against the deadly virus.




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S. Fla. hotel market revels in high demand

2010.01.06, 11:39

Sex offenders: They live among us

2009.11.11, 19:23

Baker: O's should stay open to idea of Hawkins as closer

2009.11.01, 17:24

Extremists set up outpost in empty Gush Katif hotel

2009.11.01, 08:55

How High Can Discount Airlines Fly?

2009.10.22, 14:13

Detours on our easy-come, easy-go road

2009.10.18, 05:13

Tourism is rising in nation's capital, and so are hotel prices

2009.10.01, 22:12

New York Plaza hotel wins partial reprieve

2009.09.17, 09:43

Shares of discount chains Stein Mart, Tuesday Morning fall on downgrades

2009.09.03, 08:12

"New York, New York," the 20th Annual Cotillion

2009.09.01, 01:23