Tag Archives: Troubles

Closure of Hilton Times Square may be ‘tip of the iceberg’ of troubles facing New York hotels

This week’s announcement of the permanent closure of the iconic 44-story Hilton Times Square hotel in the heart of New York City was a wake-up call for the embattled hospitality industry, especially in urban markets suffering from a coronavirus-driven tourism drought. The move follows a decision earlier this week by Ashford Hospitality to hand over the… Read More »

More Legal Troubles for Zuckerberg, and Why I’m Leaving Facebook

Facebook and its founder Mark Zuckerberg are facing legal problems on multiple fronts these days. There’s the class-action complaint alleging lax security measures increased users’ risk of identity theft, following the 2018 hack of 50 million user accounts.1,2 Then there’s the U.S. Federal Trade Commission (FTC) probe into Facebook’s compliance with a 2011 consent agreement… Read More »