July 23, 1990 |
The Radisson Hotel people are shipping in the furniture, computers and facsimile machines in preparation for the fall opening of the first American-managed hotel in the Soviet Union. The Radisson Slavjanskaya, a 430-room enterprise connected to a 165-suite business center, is a challenge like none other for Radisson, a unit of the $6.2-billion (annual revenue) Carlson Companies of Minneapolis.
March 22, 1988 |
A new market is emerging in the lodging industry as many traditional family reunions move from the back yard barbecue or grandma's porch to the nearest hotel. Homes and families are smaller, and no one has room to put up the relatives. Both husbands and wives work outside the home, so there's no time to plan for, much less cook for, a family reunion. Steven E. Trombetti, spokesman for the American Hotel & Motel Assn. in Washington, saw the trend emerging.
September 14, 1986 |
The gold rush in hotel development is nearing an end. With the passage of federal tax reforms requiring more equity in real estate projects, the race to build hotels that began with pent-up demand in 1980 and was fueled by tax incentives in 1981 and 1982, is expected to slow down. The slowdown already has started in some areas. In others, it might not be apparent until 1987 or even 1988.