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04-Oct-2008

 

Hotel Execs Plead For Bailout Success (Forbes)
Marriott forecasts a rough year for the hotel sector.

Marriott books lower 3Q profit, expects tough 2009 (Lexington Herald-Leader)
Hotel company Marriott International Inc. said Thursday that its third-quarter profit dropped 28 percent, compared to 2007, and it warned investors about deteriorating conditions for 2009 amid the ongoing financial crisis. Marriott said its revenue per available room declined in North America, and Timeshare sales dried up amid the tight credit market and cutbacks in business and consumer ...

An airship's down-to-earth crew (phillyburbs.com)
NEWARK, N.J. - Clark native Tim Lichardus hasn't had a place to call home for the last 12 years _ no apartment, no house, no Timeshare. His job as a blimp crewman requires him to live out of a suitcase 11 months of the year.

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