Following three months of negotiations with Unite Here Local 6,
Elad Properties, the new owner of New York City's Plaza hotel, has
adjusted its plans for converting hotel rooms into condominiums.
About 350 rooms will remain guest rooms, up from a previously
planned 150, and the Grand Ballroom will not be converted to retail
space, though the property still will feature a retail component.
The hotel closes April 30 for an 18-month conversion process.
The New York Giants football team signed a deal last week with
acting New Jersey governor Richard Codey to replace the old Giants
Stadium in the Meadowlands with a new, $750 million facility next
door, to open in time for the 2008 NFL season. The new stadium will
have 80,000 seats, more luxury boxes than the old venue and
improved concessions. Before the project can proceed, the Giants
must work out a deal with the developers of the Xanadu project, a
massive entertainment center being built in the same complex, to
minimize traffic in the area.
Starwood Hotels & Resorts plans to open two new properties
adjacent to Baltimore-Washington International Airport: A 203-room
Sheraton will debut in fall 2006, while a 260-room Westin hotel
will open in spring 2007. The Sheraton will have 4,600 square feet
of meeting space, and the Westin will have 7,300 square feet.
Last weekend the Washington, D.C.-based National Association of
Home Builders announced it is pulling out of its commitment to hold
the 2007 and 2008 International Builders' shows in Atlanta, where
the event has been held for the past 25 years. In a statement, NAHB
president David F. Wilson claimed the show's attendance figures
have ballooned from 65,000 to 100,000 since the association's
initial signing with Atlanta, and the association is complying with
all of its contractual obligations in the termination. The NAHB has
not indicated where it will hold the 2007 and 2008 shows. This is
the second time the association has backed out of future contracts.
The association currently is in settlement talks with the New
Orleans Metropolitan Convention and Visitors Bureau, which sued for
the group's cancellation of its commitment with the city for 2013
Groundbreaking on a convention center in Raleigh, N.C., took
place on April 6. Opening in spring 2008, the facility will have
150,000 square feet of exhibit space, 16 meeting rooms and a
32,000-square-foot ballroom for up to 2,400 people. A 400-room
Marriott is scheduled to open at the same time, featuring a
The Green Meeting Industry Council has launched an improved
website to help planners make their meetings more environmentally
friendly. The site, www.greenmeetings.info, offers information on best
practices, links to award programs and resources on how to address
specific environmental issues such as food waste, recycling and
United Airlines will implement new three-tiered pricing for all
of its corporate accounts. The program will include negotiated
discounts on every published domestic fare. United said the pricing
policy, which will be unveiled shortly, is part of a sales
reorganization aimed at injecting value into its corporate