Word: stayed
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...good news, though, is that recent research suggests that as long as you don't lose your job, your mood probably won't sour as much as the GDP. What's more, you're unlikely to stay feeling down for long, even if the recession turns out to be a particularly long and economically painful...
...troubles, there's not much chance that Bosnia, short of war, will get the attention from the West to change its intractable status quo. As for the local politicians, they have learned long ago that selling bigotry at home (with its nuisance value abroad) is the best way to stay afloat. Until the Bosnians decide to elect better leaders, they will just have to bear the weight of an uneasy peace...
...Crimson will stay on the West Coast through the weekend to compete in the Women of Troy Basketball Classic at the University of Southern California. Harvard will take on Siena Friday evening and the host Trojans on Sunday. Tip-off for both contests is scheduled for 7:45 p.m., Eastern Time...
Anxious guests are choosing to stay away, and industry associations say room occupancy in the large cities is down to 60% occupancy, even as room rates are being pared down by as much as 25%. According to event managers in Mumbai and New Delhi, many Christmas and New Year's bashes at leading hotels have either been cancelled or scaled down. "We've seen 30% to 40% cancellations for New Year's eve in our Goa property," says Anjali M. Chatterjee of Bharat Hotels, who run the Lalit Goa Resort, "Usually there's a spike in bookings for December...
Some industry watchers, however, say the slowdown may help existing hotels to stay afloat by delaying commissioning of newer competitors. "Projects that have only just got underway, which are aimed at opening in 2010-11, will be put off," says Jain of JLLM, "They will face constraints in terms of financing and ability to complete projects, as well as downbeat forecast for the sector. This will reduce the pressure on [room rates] by keeping competition down." That may be a relief to some players, but will be small consolation for the industry as a whole...