Word: hotelling
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...what you're getting up to. They go on these vacations in beautiful places like Greece and Spain and Italy, and they get drunk and beat each other up and pass out and they get sick and they get robbed and they trash their hotel rooms. They're just notorious around Europe for being this brawling nation of boozers...
...same to the Vegas big shots. Melco Crown is one of only six companies permitted to run casinos in Macau, the Chinese enclave that has surpassed Las Vegas in total gambling revenue. And Ho, 31, has matched his competitors chip for chip. His first casino-hotel, the Crown Macau, saw few customers when it opened in May 2007. But Melco Crown swiftly closed the gap. Its market share of 16% in the first half of 2008 was just a whisker behind Wynn with 17% and Las Vegas Sands at 21%, according to Citi Investment Research. More impressively, the Crown...
...ease in the second half of 2008 due to local government efforts to cool Macau's overheating economy. The slowdown could come as several major new projects are launching. Early next year, Melco Crown will open the City of Dreams, a $2.3 billion megaresort that boasts several hotels (including a Grand Hyatt and a Hard Rock Hotel), a 2,000-seat theater, a shopping mall and a 550-table casino...
...HOTEL SEMIRAMIS, ATHENS Springing from the mind of Egyptian-British designer Karim Rashid, Hotel Semiramis (www.semiramisathens.com) has a glowing pink-glass cube for a lobby, home to a rotating collection of hypermodern, provocative art. Much of the work is on loan from owner Dakis Joannou, founder of the DESTE Foundation for Contemporary Art in Athens. Currently, the lobby's centerpiece is the compelling image of artist Vanessa Beecroft's own highly stylized wedding in an Italian chapel, with all the guests dressed in white. It's wittily complemented by Tim Noble and Sue Webster's huge flashing YES sculpture...
...platform and speeches –were weak on details," Padilla added. Zafran said he was pleased with the choice of Denver as a city, but noted that there were some drawbacks to the selection. "Unfortunately, [Denver] is a bit spread out and doesn't have enough hotel rooms downtown to accommodate all of the participants," Zafran said, "so 'less important' state [delegations] like my home state of New Jersey were staying in a hotel pretty far away from the downtown." But this small issue wasn't enough to diminish the importance of the convention for Zafran. "On Wednesday night...