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Florida International University - School of Hospitality and Tourism Management - Hospitality and Tourism Industry News
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With the holiday season fast approaching, restaurant and retail operators are poised to take advantage of an uptick in catering-related business for Thanksgiving, Christmas and New Year. But according to Technomic research, substantial off-premise catering opportunities may begin prior to the big event. Consumers indicate that they often rely on party platters or catered foods for consumption on the day before a major holiday.
Yum! Brands Inc. (NYSE: YUM) Board of Directors declared a dividend of $0.21 per share of common stock, which will be distributed February 5, 2010, to shareholders of record at the close of business on January 15, 2010.
TripAdvisor next year plans to introduce summaries of a hotel's reviews - a way to provide a quick highlight of the gestalt of the property and its amenities - as a means for consumers to avoid having to wade through hundreds, even thousands of user critiques about a singl
In 2009, HVS provided valuation and expert testimony for the Yellowstone Club in US Court. The appraisal of the private club, resort and master planned community, financed by Credit Suisse, shares insights into causes of the global financial crisis.
The time period for the hotel development cost survey has been expanded to include data from the first half of 2009; as such, the 2009 cost survey reports updated per-room development costs for 2008/09.
