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Starwood Hotels Names Thomas Mangas EVP, CFO

Starwood Hotels Names Thomas Mangas EVP, CFO

STAMFORD, Conn.—Starwood Hotels & Resorts Worldwide announced that Thomas B. Mangas has been named executive vice president, chief financial officer, effective Sept. 29, 2014. Mangas will be a member of Starwood’s senior leadership team and report to president and chief ...

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Hotel Accused of Sandy Price Gouging to Pay $65K

A hotel in Egg Harbor Township, N.J., that reportedly raised its room rates by as much as 150 percent after Gov. Chris Christie declared a state of emergency in advance of Superstorm Sandy has agreed to pay nearly $65,000 to ...

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Judge Rejects Lawsuit Motions Against AAHOA

Judge Rejects Lawsuit Motions Against AAHOA

ATLANTA—A federal court judge has ruled against individuals seeking to remove the entire Asian American Hotel Owners Association (AAHOA) Board of Directors. In a ruling issued Wednesday, Judge Harold Murphy rejected the plaintiff’s motions citing long-standing law which showed the ...

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40% of Americans Leave Vacation Days on the Table

40% of Americans Leave Vacation Days on the Table

Fear of being replaced and work piling up coupled with a lack of employer support and communication is keeping Americans from using the time off they have earned, according to the new study, Overwhelmed America: Why Don’t We Use Our ...

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U.S. Resorts Spark Investor Interest

U.S. Resorts Spark Investor Interest

U.S. resort transaction volume totaled $6.1 billion in 2013, which included $1.3 billion of investment by off-shore capital. The combination of strong operating fundamentals, a constrained development pipeline, and improving debt markets make the U.S. resort sector attractive to investors, ...

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