With such a wide ordsprog

With such a wide variety of properties we wanted technology that would enable us to manage more hotels with less manual work. Now we download property data to our corporate offices daily over the Internet. By 10 a.m. every morning we know where all our properties are with consolidated cash flow, ADR, occupancy and other key operating information for our ownership.

John Johnson (1968-)

Our focus is office properties and diversifying into housing, commercials and warehouses. In addition, we may need to think about further diversification of property types, such as hotels, hospitals, and nursing home-type of properties.

Watching how the property market was going and noticing the amount of properties available for rent and for sale, prompted us to look at other ways for owners to market their properties. This is how we came up with the principal of Cheaper Property.com. Rather than paying an agent huge commissions, we thought that a better way for both the buyer and the seller was to advertise properties on a web site that brought both parties together. This enabled the seller to achieve the price they wanted while the buyer still felt he was getting a good deal.

We're looking for quality properties that are experiencing below-market occupancy levels or properties that, for whatever their reason, are in need of capital expenditure. We can then put a marketing focus team in there to lease them up.

What worries you is if interest rates continue to climb and the cash flow of those properties don't work well anymore.

While Harrah's may have the most exposure in terms of the number of properties and total dollar amount of cash flow in the Gulf region, the impact for the company is not significant as a percent of total cash flow.

While Harrah's may have the most exposure in terms of the number of properties and total dollar amount of cash flow in the Gulf region, the impact for the company is not significant as a percent of total cash flow,

Think of what it would be like if you could arrive at work, and all the operating information on all your properties and transactions is sitting right there on your desktop. You don't have to think about whether it's all correct or where it comes from. That's all done in the background.

Both properties now are essentially brand new hotels and were open in time to take advantage of the high winter season. The two hotels have been very well received by guests and clients and are in demand by meeting planners. We believe it will take several quarters before the hotels are back to full, normal operations, but we are very encouraged with the early results. Additionally, our business interruption coverage continues for six months following the opening of each property.

We explained to her that if the list of properties is put up, there would be panic among the people as a lot of these properties are residential. Instead, the focus should first be on taking up under-construction properties.

We're known as a TIC sponsor. It's our responsibility to go out and identify properties that make sense as a TIC investment. We're the facilitating agent for TIC investors. We don't take ownership. Instead, we have a fee structure, and we manage the asset.

The tsunami forced our Resort to close, putting hundreds out of work at the moment when they needed income most as they started to rebuild their lives and communities. We couldn't let that happen. Instead, we sent them to our other properties around the world - including properties in the United States, in Dallas, Palm Beach, Jackson Hole, Los Angeles, Maui and Washington. In true Four Seasons fashion, they have become a dynamic part of the teams at these hotels, embracing our guests with their caring service.

[News Corp.'s Internet buying spree certainly is aggressive, but the media giant seems to be pursuing the right online properties, points out Rich Greenfield, analyst with Fulcrum Global Partners LLC.] They are aggressively buying their way into an Internet strategy from nowhere three months ago, ... They're going after Web properties that mirror the demographic of the viewer of The OC ... (following) the activities of what those same consumers do online. The Commodore 64 is the computer that attracts demo programming.

Rich Greenfield

The SG-4 meets the key IT requirements of small and mid-size branch offices without compromise; it minimizes downtime, reduces the total cost of ownership, and improves overall service availability and manageability. Like the SG-8, the new SG-4 provides a wide range of services on one easy-to-manage platform, and our modular, always-accessible architecture provides a key advantage for handling the growing number of services required at today's branch offices. Other single-box solutions can't begin to compete with these benefits because they don't truly unify services at the operating system, processing, and management levels; they simply put several independent technologies into the same box.

We can deal with several independent properties, but we'd rather work within the confines of a portal than track users piecemeal through several properties.

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