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.
Posts Tagged ‘Tourism’
Bankruptcy Watch – Tahiti Village
Wednesday, June 24th, 2009Bankruptcy Watch – Red Roof Inns
Wednesday, June 24th, 2009Red 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.
Bankruptcy Watch – Six Flags
Saturday, June 13th, 2009Six Flags has filed Chapter 11. This bankruptcy has widely been predicted since last summer when the $4+/gallon which resulted in large drops in attendance. The economic downturn hasn’t helped the situation. For now, the parks will stay open.