Word: problem
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Part of the industry's current problem is an oversupply of rooms. Sheraton, for example, is opening up 54 hotels this year, at a rate of one every three weeks, financed in the days when the economy was roaring and money was cheap. As the room glut deepens, hotel builders are slamming on the brakes - there is a 75% increase in projects being stopped. But demand is falling quickly too. "There's [been] nothing like this in history, in terms of falling demand" says Bjorn Hanson an industry analyst with New York University's hotel school. With the strengthening dollar...
...which is pretty much unheard of,” Depasquale said. “A lot of cities and towns had it in their plans to pay off [the unfunded liability] by 2028, and if you were close to that date, obviously you [now] have a real problem. Fortunately for us, we have some more room to recover here...
...University. “The good manager looks at sweeping all the pennies, dimes, and nickels off the floor. He looks in the cracks, he does the hard work of analyzing his organization,” Holt said. “Anybody can throw bodies at a problem, but it takes some skills and experience to know how many bodies you need.” Economics faculty assistant Trina Ott said the administration should have placed specific budgetary constraints on departments—instead of halting staff hiring across the FAS—to allow them to determine how they...
...conflict-of-interest” and that “the black community on campus and the Association of Black Faculty Administrators and Fellows feel that our efforts to improve police and community relations have been stonewalled.”Matory said, however, that “a problem of this duration will not be discerned or solved quickly,” and that while he was “not confident that perfect results will emerge, I absolutely applaud [the task force’s approach] and respect the chairs.” —Staff writer Peter...
...Somalia has overtaken Nigeria as a piracy problem spot, as it claims the title of Ultimate Failed State. It is a haven for Islamic terrorists, currently poised to take Mogadishu and already expanding their operations to neighboring states (for example, killing more than 30 people with five car and suicide bombs at U.N. and foreign government buildings in the autonomous northern regions of Puntland and Somaliland); a departure point for hundreds of thousands of refugees (a refugee camp over the border in Kenya is now the biggest in the world); a center for human trafficking to the Middle East...