Business English Lesson – Advanced Level''''s archiveThe Hospitality Industry docx

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Business English Lesson – Advanced Level''''s archiveThe Hospitality Industry docx

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Business English Lesson – Advanced Level's archive The Hospitality Industry 1. According to Michael Stoler, an influx of capital into the New York real estate market is the hotel market. dogging driving hounding riding 2. "The availability of funds both on the debt and equity sides from the of lending institutions and opportunity funds for hotel projects in the Big Apple is plentiful," the principal of Eastern Consolidated, Alan Miller, said. peccadillo penchant pleonasm plethora 3. Numerous groups are seeking to be part of the tremendous wave of hospitality demand we are experiencing, from the construction of ground hotels or the conversion of existing buildings to the repositioning of certain hotel assets. floor out up zero 4. The market is in capital chasing hotels. aboard ashore awash away 5. With the strong need for more rooms in Manhattan, with the fact that there are no longer any undesirable' neighborhoods, the entire island south of 125th Street from river to river represents a good hotel site. complete complicated conducive coupled 6. Highgate Holdings is planning to convert the Chinatown Holiday Inn at 138 Lafayette St. into a hotel. bazaar bistro boutique buvette 7. "The of hotels is probably at an all-time high, which might lead to increased competitiveness and price wars," Mr. Hennessey said. deadline lifeline pipeline timeline 8. It will likely hurt those hotels that have benefited from the of Manhattan's demand. compression expression impression repression 9. The greater risk is that the city's economy , and what many of the newly minted hoteliers don't realize is that a small drop in revenue can cause a huge drop in profitability. falters festers filters flickers 10. When the slowdown eventually comes, a reverse effect is expected whereby the properties living off of the Manhattan-displaced demand, particularly those without adjacent commercial development, will feel the downturn first. rattle ripple waffle wobble . Business English Lesson – Advanced Level's archive The Hospitality Industry 1. According to Michael Stoler, an influx of capital. penchant pleonasm plethora 3. Numerous groups are seeking to be part of the tremendous wave of hospitality demand we are experiencing, from the construction of ground hotels or the conversion

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