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...Several successful European entrepreneurs are working on answers - and their novel approaches to issues such as room size and pricing could change the travel industry. One of these fledgling hoteliers is Sinclair Beecham, co-founder of the U.K.'s Pret A Manger sandwich-shop chain, who last autumn opened the 205-room Hoxton Hotel, which he calls an "urban lodge," in London. Urban lodge? Unlike a Shrager-inspired boutique hotel, where cool, sleek design often comes off cold, Hoxton Hotel has the homey comforts of a rural inn. Yet, says Beecham, "It's got concrete floors, exposed columns and exposed...

Author: /time Magazine | Title: A Room with No View | 4/11/2007 | See Source »

...Woodroffe is not the first to try to adapt capsule hotels to the European market. Stelios Hadji-Ioannou, founder of budget airline easyJet, launched the first easyHotel in London in August 2005, offering tiny spartan rooms averaging 7.5 sq m (most without windows) in the high-rent South Kensington district. Want restaurant service or minibars? Forget it. And you'll pay about $10 a night extra if you want to watch the flat-screen TV. As a result, rates average about $78. Yet travelers appear to have embraced no-frills accommodation. easyHotel's occupancy rate averages 89%, says Roger Powell...

Author: /time Magazine | Title: A Room with No View | 4/11/2007 | See Source »

...these developments occurred with little infrastructural support. The Harvard College Entrepreneurship Forum (HCEF), founded last fall, is trying to fill this gap. HCEF co-founder and vice-president Michael Segal ’09, who is also a Crimson editor, cited the need for a “culture of entrepreneurship” to match the likes of Massachusetts Institute of Technology and Stanford. Segal said that there is no shortage of ideas or interest—noting the attendance of up to 60 undergraduates at the club’s inaugural events—just one of support...

Author: By Will E. Johnston | Title: Recognizing Creative Destruction | 4/11/2007 | See Source »

...don’t need Steve Jobs, the flamboyant founder of Apple, to convince you that entrepreneurship is primarily about creativity. With some more institutional support, aspiring venture capitalists might try the exciting (though precarious) world of self-employment before turning to the world of high finance...

Author: By Will E. Johnston | Title: Recognizing Creative Destruction | 4/11/2007 | See Source »

...comprised mostly of hardcore video gamers, its members define “interactive media” in a strikingly humanistic way. “Take a Rothko painting like ‘Green on Maroon,’” says Benjamin S. Decker ’08, founder of HIMG. In the way a painting is seen and interpreted, it’s not all about the artist, he says. “It’s created by the viewer, too. We see that as interactive media.”“Video games are expanding...

Author: By Lee ann W. Custer and Beryl C.D. Lipton, CONTRIBUTING WRITERSS | Title: PLUGGED IN | 4/6/2007 | See Source »

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