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GLG News by Experts in the Leisure & Lodging Council

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September 18, 2008
Airlines Selling "Free" Air
Analysis of: Airline Stocks Fly Through the Downturn | www.thestreet.com
Author: Timothy O'Neil-Dunne, Managing Partner, T2Impact Ltd.
Airlines have been milking their frequent flyer programs and essentially selling something for nothing. But with IFRIC13 there is now a significant impact on their balance sheets. Are airlines opening themselves up for a problem that will haunt them for the future?
September 18, 2008
LOOK LIKE "IGT" IS NOT THE ONLY GAMING RELATED BUSINESS TO FEEL THE DOWN TURN
Analysis of: IGT TO IMPOSE LAYOFFS | www.casinocitytimes.com
Author: Ron Lodge, Former Senior Marketing Executive (former), Venetian Casino Resort Inc
Seems that the only way most companies can cope with business being off is to cut payroll. Laying off good staff member is not the way to go. There are other measures that can be worked out. How much will these reduced staff actually help IGT,  and is it premature to think that there is a break...
September 17, 2008
MGM MIRAGE NEW CITYCENTER PROJECT LOOKS LIKE A SOLID WINNER FOR LAS VEGAS AND THE GAMING INDUSTRY
Analysis of: DESPITE ITHER STALLED PROJECTS, CityCenter STILL ON TRACK | www.lasvegassun.com
Author: Ron Lodge, Former Senior Marketing Executive (former), Venetian Casino Resort Inc
How will this beautiful new mega resort affect the dynamics of the Las Vegas gaming industry.? Will it start a trend as the Mirage did when it opened in1989? Can other top properties keep up and expand to keep up with this new trend? 
September 16, 2008
IS THERE A LINE TO BE DRWN BETWEEN INDIAN CASINOS AND GOVERNMENT
Analysis of: INDIAN POWER AND GAMBLING | www.latimes.com
Author: Ron Lodge, Former Senior Marketing Executive (former), Venetian Casino Resort Inc
Can California Indian gaming have the last word when dealing with government and it's representatives. Why such a big deal over charity gaming? It seems as though the Tribes already have a pretty solid monopoly.
John MacalusoSeptember 12, 2008
Casual/family dining DineEquity is running out of equity!
Analysis of: DineEquity Meltdown Predictable | biz.yahoo.com
Author: John Macaluso, President & Chief Executive Officer, Cornell Management Group
1.  DineEquity, now one of the largest casual/family dining chains is a bellweather for the segment.2. All the equity has been squeezed out of the balance sheet:     *Divested the real estate and corp. investment underlying franchise              ...
September 12, 2008
TWO MAJOR BRANDS WILL COME THROUGH THIS STRONGER THAN EVER
Analysis of: Restaurant Chains Concerned About Rising Commodity Prices and Energy Costs | www.chainleader.com
Author: GLG Expert Contributor
Restaurants are being heavily tested after many years of good times in this industry, especially in markets that have enjoyed wonderful building booms. As painful and difficult as it is, there are too many chairs to fill by too many entrepreneurs who think that if they can fry an egg, they can open...
September 11, 2008
Restaurants Have Good Reason for Concern
Analysis of: Restaurant Chains Concerned About Rising Commodity Prices and Energy Costs | www.chainleader.com
Author: GLG Expert Contributor
2009 Chain Restaurant Problems: Higher costs, tougher distribution environment & lower customer counts
September 11, 2008
If Julia Can't Do It - Nobody Can
Analysis of: DineEquity Meltdown Predictable | biz.yahoo.com
Author: GLG Expert Contributor
Julia Stewart's ability to make critical deals with Applebee's franchisees may make or break Dine Equity
September 11, 2008
Costs go up and quality takes the hit
Analysis of: Foodmakers plan big ad campaigns in down economy | ap.google.com
Author: GLG Expert Contributor
The reality of these investments is that operating a company is costing more (ingredents and financing) so things have to give.
September 11, 2008
Recent DineEquity Meltdown Predictable
Analysis of: DineEquity Meltdown Predictable | biz.yahoo.com
Author: GLG Expert Contributor
The DineEquity meltdown is symptomatic of the risks of doing business predicated on financial engineering. Stock price and The Street were slow to pick up on the risks on this business.

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