Word: partnering
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...Schrager got rich by creating scenes and spaces that were the last word in cool. Can he now capitalize on quirky? Can he redefine the $122 billion U.S. hotel business the way he did back in 1984, when he and his then partner Steve Rubell opened Morgans on a nondescript stretch of Madison Avenue and introduced high style to hospitality? "Absolutely, people will want to see what he's doing," says Jeff Weinstein, editor of Hotels magazine. "But it's going to be hard for him to break new ground now because the industry has caught up with him. They...
...after 9/11. He had expanded too rapidly, and the competition had caught up to him. By 2003, Schrager was forced into bankruptcy protection for the Clift Hotel in San Francisco and had to refinance debt. Last year he left his company, Morgans Hotel Group. Since then, he and his partner, developer Aby Rosen, have been involved in several deals in New York City, including 40 Bond, a condo in NoHo being designed by white-hot architects Herzog & de Meuron, and the Metropolitan Life building...
...special effects, warns media analyst Harold Vogel. "And they've got to create excellent stories to stick out in the oversaturated superhero genre," Vogel says. If the studio goes over budget on a film, Marvel could be forced to use some of its own cash or seek out a partner...
...Brien, who comes from Victoria, has been traveling through central and Western Australia with partner Simon Wagstaffe in a four-wheel-drive vehicle towing a camper trailer. Escapees from city office jobs, for six months they've carted around wares (Wagstaffe peddles a flame-ignition kit called Light My Fire) to markets, trade shows and country fairs. "We wanted to see the country and find an affordable place to buy property and settle down," O'Brien says. "Instead of drawing on our savings, we thought it would be a way of paying our own way." The hawker's life...
...certain breed (to the non?petrol head, it's akin to telling twins apart). Then there are Luc's mates from Yagoona High School - including Aborigine Shane, Islander Donald and Arab Walid - all struggling to make their way in life. In their late 20s, some have children or a partner in jail; others have not yet broken away from the family home...