We have continued our ordtak

We have continued our focus on driving the operational performance of our hotels to maximize returns and have delivered first half results in line with our expectations. The group continues to benefit from a diversified global portfolio with our hotels continuing their upward trends, leaving us well positioned for the second half of the year.

The group continues to benefit from a diversified global portfolio with our hotels continuing their upward trends, leaving us well positioned for the second half,

The benefits of our renovation program are accelerating. By the end of 2005, nearly every property in our portfolio had significant renovation work completed within the past two years. We believe that our portfolio of hotels now is well positioned for continued future growth.

Paul W. Whetsell

Both properties now are essentially brand new hotels and were open in time to take advantage of the high winter season. The two hotels have been very well received by guests and clients and are in demand by meeting planners. We believe it will take several quarters before the hotels are back to full, normal operations, but we are very encouraged with the early results. Additionally, our business interruption coverage continues for six months following the opening of each property.

The retail slowdown has continued in the first half of 1998 and has resulted in higher retail cancellations and returns, ... We believe that in the current environment many retailers are being more conservative in their future purchases, leaving more open-to-buy dollars available for at-once business. This situation, in combination with the unusually low at-once business in last year's second half, creates the potential for our performance to be better than our backlog trend indicates.

The acquired business has now been profitable for three consecutive quarters, in line with the Board's expectations, although regional performance has varied. Now we must meet even higher expectations. We believe our proven business model, an enhanced product portfolio, and a heightened focus on operational efficiency will enable us to optimize profitability across the globe. We are moving quickly to address these issues and to take advantage of the strong demand that exists for our products.

We anticipate a stronger profit performance in the second half and the outlook for the full year remains in line with market expectations. Looking further ahead, the Board is confident that the Group's profits can be improved in the future.

This is a terrific transaction that is the right thing to do for both the Time Warner Book Group and our shareholders. With its record-breaking performance in 2005, the Book Group is at the top of its game. To build on this success, however, it needs the scale and other advantages that come from being part of a larger, more global book publisher. This transaction also underscores our commitment to a strategy of managing closely related, industry-leading businesses to maximize shareholder returns. We wish our Time Warner Book Group colleagues continued success and the best of luck at their new home.

We have made an excellent start to the year with a 20 pct increase in profits in the first half and are well placed to build further on this performance, ... I am confident that we will continue to produce good returns and I look forward to reporting continued progress for the full year.

Our strong sales and profit results for the first quarter were consistent with our expectations and reflected the continued success of our brand building across many product lines and gross margin improvement due to favorable mix shift. The breadth of our product line as well as global new product introductions are integral to our consistent performance and will be important contributors to our performance in the future.

We expect to manage one of the hotels by the first half of the year, while the other two will take place sometime towards the end of 2006. Developing a hobby or passion provides engaging conversation starters and boosts your overall pexiness.

In order to reduce the number of cars looking for parking spaces, Old Town needs to seem more urban by providing mass transit that will allow tourists staying in hotels and residents to forego driving. Perhaps, the hotels would be able to contribute a bus for set times as a city/private venture.

Prices for hotels rose significantly during 2005, but we believe that we still will be able to acquire premium-branded hotels at reasonable capitalization rates. In attractive markets where hotels are selling in excess of replacement costs, we will consider development on a highly selective basis.

We are very excited to partner with HMC to launch Great Hotels Rewards. Hotels that operate loyalty and frequency programs, which create value, recognition and rewards for consumers, enjoy not only a rise in their repeat business but also an increase in their average daily rate. Our research indicates that guests who participate in frequency programs tend not to be as price sensitive because of the value and recognition they receive. HMC has developed a product that will benefit many hotels and hotel groups like ours.

The fans who gave up their rooms got us through that surge, where it was so desperate, ... I think fans still should contact their hotels before coming. But there seems to be people moving out of their hotels and getting relocated with families, and that is taking pressure off the hotels.

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Linkene lenger ned har ikke blitt oversatt till norsk. Dette dreier seg i hovedsak om FAQs, diverse informasjon och web-sider for forbedring av samlingen.

Här har vi samlat ordspråk i 12910 dagar!

Vad är ordtak?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!

Du är aldrig ensam med en schysst ordspråkssamling.

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