Word: resorting
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...than in the slo-mo rental-car business, from which U.S. automakers have been peeling away as fast as they can (see box). Yet Silverman gladly paid $800 million last year for No. 2 Avis, a global brand that he views as a natural fit with his hotel and resort time-sharing businesses. After overhauling Avis, Silverman plans to sell a stake in the company to the public...
...What we try to do," Silverman says, "is assemble different brands that have huge internal synergies." Take yet another HFS business: time-share vacation properties. More than two million families are members of Resort Condominiums International, the world's largest time-share exchange network, which Silverman picked up for $825 million last year. "When members go to a time-share resort," he says, "they typically rent a hotel room on either side of the week [they have purchased], and obviously we have a hotel network to rent that room to them. Typically that owner will...
...part, Mexico, even as its diplomats fulminated about the dire consequences of decertification, took action to give Clinton cover. On Wednesday police arrested a drug trafficker named Oscar Malherbe de Leon. On Thursday the Mexican navy burned a ton of seized cocaine on the resort island of Cozumel. More substantively, Time has learned, President Zedillo will soon announce that he plans to scrap Mexico's existing narcotics-fighting apparatus--including the tainted National Institute to Combat Drugs, headed by General Gutierrez--and start fresh with an independent new agency modeled on the U.S. Drug Enforcement Administration. Under the plan...
President Clinton's use of the White House as a profit-earning resort has resulted in more institutional damage than even the most ingenious reveler could have accomplished back in 1829. While some details of our President's exploits are still being revealed, the available facts demand exposition...
...Gifford stresses that the group aims for cooperation and views legal measures as a last resort...