Last Tuesday Dallas-based Taco Bueno Restaurants LP announced that it filed a voluntary petition for Chapter 11 bankruptcy protection with the U.S. Bankruptcy Court for the Northern District of Texas. The franchising firm plans to reorganize and emerge from insolvency under a prepackaged plan where multi-concept franchisee Sun Holdings will take over.
Motel 6 has agreed to pay $7.6 million to settle a class-action lawsuit that alleged the national hotel chain supplied immigration agents with personal data of guests who had Latino-sounding names, with some cases resulting in arrests and deportations.
It should be obvious, but one seldom sees it in the press or hears it mentioned in the same breath with Wall Street: running a restaurant chain to maximize short-term gains in its stock price while neglecting its long term care is asking for trouble down the road.
Danny Copus, owner of the Montecito Inn in Santa Barbara, California, unexpectedly found himself in grave danger from the Hill Fire, which was burning on both sides of the freeway he was on, Highway 101.
President Trump’s recently placed tariffs and an increased supply of beef and pork have made their impact through lower prices. Americans are taking advantage of the new circumstances by eating more beef and pork and less chicken.
The Skirvin Hilton Hotel is Oklahoma City’s oldest hotel. It was built by William Balser Skirvin, a native of Michigan who made his fortune in Texas land development and oil. In 1906, Skirvin and his family (including his daughter Pearl who would later become Perle Mesta, ambassador to Luxemborg and