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American Airlines and its parent company are filing for bankruptcy protection as they seek to cut costs and unload massive debt built up by years of high jet fuel prices and labour struggles.
The third-largest U.S. airline also said Tuesday that CEO Gerard Arpey had stepped down and was replaced by company president Thomas W. Horton.
Dozens of hard-line Iranian students stormed the British Embassy in Tehran today, bringing down the British flag and throwing documents from windows, the AP reports. The students clashed with anti-riot police and chanted "the Embassy of Britain should be taken over" and "death to England."
The U.S. hotel industry experienced increases in all three key performance metrics during the week of 13-19 November 2011, according to data from STR.
In year-over-year comparisons for the week, occupancy rose 4.1 percent to 59.4 percent, average daily rate increased 3.7 percent to US$102.11, and revenue per available room finished the week with an increase of 7.9 percent to US$60.63.
Budget hotelier Travelodge has entered into a £27m deal with upscale supermarket chain Waitrose to open three mixed-use developments next year.
The pair will open hotels with ground-floor supermarkets in Aylesbury (Buckinghamshire), Sidcup (Kent) and in Vauxhall (London) in the second half of 2012.
LOS ANGELES, California - Green Globe announced today that following a long-term commitment to sustainable corporate initiatives with regard to the environment, local community, and employees, Mövenpick Hotel&Resort Beirut has been successfully certified for its triple bottom-line approach to operation and management. The completion of an independent audit found Mövenpick Hotel&Resort Beirut achieved 80 percent of all criteria.
Mövenpick Hotel&Resort Beirut General Manager Alain Chatel said: “Mövenpick Hotel&Resort Beirut is fully committed to promoting sustainability. This commitment is reflected in our management principles and our daily practices, which aim to advance a sustainable future for the generations to come.
Airline warn that a strike by Border Agency staff could cause delays of up to 12 hours.
However, most airlines insist they will continue to operate normal services throughout the day despite fears that airports could grind to a standstill.
British Airways said that it is still planning to operate "a normal schedule" in the face of a plea from airports operator BAA that airlines halve the number of passengers landing on Wednesday.
The hospitality industry is expecting a “fair” summer holiday season for Cape Town, where a number of hotels and restaurants have closed this year.
The Federated Hospitality Association of Southern Africa (Fedhasa) Cape had its annual meeting yesterday and released the results of its pricing survey, in which city hotel rates were compared with some overseas.
More than 90 percent of Fedhasa Cape’s members expected that occupancy levels would be good this season.
Die besten Wellnesshotels im deutschsprachigen Europa gaben sich am 15. Oktober im Leonardo Royal Hotel Munich ein Stelldichein, um für ihre herausragenden Leistungen in acht Kategorien die Wellness Aphrodite 2011 entgegenzunehmen.