Posts Tagged ‘Las Vegas’

Bankruptcy Watch – Tahiti Village

Wednesday, June 24th, 2009

Another major advertiser on radio is preparing to file bankruptcy – the company that owned Tahiti Village, that “resort community” in Vegas giving away “free vacations” that was really selling people Time Shares…   In fact, some of my earliest “polls” were about this company’s misleading ads.  I wonder how Roseanne Barr feels today about her role. 

http://www.lvrj.com/business/48997596.html

Bankruptcy Watch – Red Roof Inns

Wednesday, June 24th, 2009

Bloomberg Story

Red Roof Inns has defaulted on $367 million in mortgage debt.   They aren’t yet filing for bankruptcy, but that’s pretty likely.   CitiGroup led the buyout of the company in 2007.