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Hospitality Net: News
Hospitality Conversations - Keys To Success | By Dr. John Hogan CHE CHA MHS
10 Mar 2010 at 2:07pm
Property Improvement Plans or PIPS, are a reality to today?s hotel owners and management groups. If a property is part of a franchised system, dealing with PIPS can be an expensive proposition both at the time of sale as well as in continuing operations. The purpose of PIPs is to keep properties in compliance with all existing and new brand standards, as franchisors strive to maintain brand standards to protect their brands as well as the investments of all the other franchisees.
Onity Enters the Israeli Safes Market with OS200 Model
10 Mar 2010 at 2:19pm
Onity announced today that the first installations of OnityŽ electronic in-room safes have begun taking place in Israel this month. Following the notable success of the latest OS Series, there are two Israeli hotels to feature Onity safes in their guestrooms. Both properties, with a total of 163 units between them, have chosen the OS200 model. Onity, one of the world's leading providers of electronic locking solutions, is part of UTC Fire & Security, a unit of United Technologies Corp. (NYSE:UTX).
Reuters: Business News
Bets on economy lift Wall Street; banks, tech lead
10 Mar 2010 at 5:56pm
NEW YORK (Reuters) - Bank and technology shares lifted Wall Street on Wednesday on hopes a revival in business demand will boost corporate profits.
Best Buy bets on 3D TV, but no quick payoffs seen
10 Mar 2010 at 7:03pm
NEW YORK (Reuters) - While James Cameron's 3D sci-fi epic "Avatar" took the box office by storm instantly, the road to success will be much longer for Best Buy Co Inc, which is making a big bet on 3D televisions this year.
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