Hotel Security Sacrificed?

Article Abstract:

Hyatt International Hotels and Resorts is encouraging its Asian units to increase security spending in the wake of the U.S. terrorist attacks. Currently, Asian hotels are facing difficult times and trying to keep costs down.

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Manila mulls scrapping floor price for historic hotel at next auction

Article Abstract:

The Philippine government recently announced plans to lower the floor price for the historic Manila Hotel when it comes up again on the auction block. The government had earlier tried to get bidders for a 30% stake in the 83-year-old hotel but many backed out in view of the $17.2 million floor price and the possibility of government interference in running the renowned hotel. Government officials have expressed willingness to address the concerns of potential investors and many have been encouraged by this development.

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The makings of a great city: some of Asia's metropolises are addressing the human side of urban life

Article Abstract:

To become a truly great city is the preoccupation of some of Asia's most important cities. These metropolises, which include Hong Kong, Singapore and Shanghai, admittedly have much to accomplish if they are to evolve into cities similar to London and New York. A great city is defined as having world-class art, architectural heritage, concerts and drama, a creative, diverse population and an aesthetically pleasing, clean and green environment.

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