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Full bus tour lasts 50 minutes if you stay on the bus. Ticket is valid for 1 DayStart time
First bus starts at 9:45am and departs every 60 minutes until 4:05pm
Full Loop: 55 minutes
Katoomba Railway Station (Savoy Bus Stop), easily reached by train from SydneyEnding Point
Katoomba Railway Station
Join the tour at Katoomba station (easily reached by train from Sydney), or from any of the other stops. Sit back and enjoy the entertaining live commentary.
Whenever you feel like it, jump off to enjoy the many attractions of this stunningly beautiful area. The tour route, with 13 convenient stops, gives you access to easy bush trails and stupendous views of the mountains, forest and famous waterfalls. Don't miss the chance to ride the Katoomba Scenic Railway – the steepest in the world – past lush forest and rock walls frothing with ferns.
Plus you can visit Echo Point and see the striking rock formation known as The Three Sisters. Learn the aboriginal legend attached to them. Or go to the amazing Toy and Railway Museum, and the glorious Everglades Gardens and much more.
When you're done with sightseeing, you can always hop back on the bus, or stop to enjoy a relaxing coffee and snack. It's your call!
To join your Hop-On Hop-Off Blue Mountain Explorer Bus Tour from Sydney you should take the train to Katoomba Railway Station and catch the Blue Mountain Explorer Bus at the Savoy Bus Stop. The first tour bus starts at 0945h (9:45am) and departs every 60 minutes until 1605h (4:05pm). You can join the tour at any of the stops on the route.
This is a hop-on hop-off tour which means that you can get off at any stop to go sightseeing and jump back on again when you are ready. With buses arriving every 30 minutes this is easy to do. Your ticket is valid for 1 day , which gives you lots of time to look around.
If you want to just stay on the bus and see the sights through the windows, while listening to a live commentary in English, then the full round trip takes 50 minutes.
The tour has 13 stops, each with its own special attractions nearby.
• Katoomba Railway Station : Starting and ending point for the Blue Mountain Explorer. Opened in 1874, it serves intercity trains and is one of the main stations in the Blue Mountains.
• Craft Shops, Art Galleries : Hop off the bus here to explore the enticing art galleries, antique shops and craft shops of Katoomba.
• Waterfalls Rainforest Walk : This delightful walk shows you beautiful views, birdlife, rainforest and luxuriant ferns and dramatic waterfalls.
• Katoomba Cascades : The best stop for the exciting Scenic Railway – the steepest in the world! Or you can stroll down to the popular Katoomba Cascades.
• Three Sisters Plaza: Closest stop for the Three Sisters and Prince Henry Cliff Walk. The Walk starts at Gordon Falls Picnic Area and follows the cliff top past Leura Cascades and Echo Point, ending near the top of the Scenic Railway in Katoomba.
• Cliff Top Walk: Glorious views and plenty of fresh air
• Leura Cascades: There is a short and easy walk down the canyon to the top of Bridal Veil Falls. No steep stairs, suitable for most people.
• Toy and Railway Museum: A world famous collection of toys and dolls, teddy bears, tinplate, ships, automobiles, airplanes, and trains, plus a permanent Barbie Doll exhibition and NSW Railway memorabilia. The collection is housed in a glorious 5 hectare historic Blue Mountains garden and family mansion.
• Leura Village: A pretty village with a well-preserved historic streetscape. Leura is home to many formal, English-style gardens which open to the public in early October each year.
• Everglades Gardens: One of Australia's foremost heritage gardens, dating from the 1930s. It sits in 12 ½ acres of European-style gardens and native Australian bush with breathtaking views over the Jamison Valley.
• Leura Resorts: Easy access to Leura's hotels.
• Leura Railway Station: Opened in 1890 this is a regional railway station on the Blue Mountains Line of the CityRail intercity network.
• Katoomba Railway Station: Back to the starting point. Here you can catch the train back to Sydney.
You can end the tour at your own convenience at any of the 13 stops.
Your ticket is valid for 1 Day
The route of the hop-on, hop-off tour is subject to change.
At present the bush fires in the Blue Mountains have not reached the tourist areas and many tours are operating as normal or with slight itinerary amendments. However it may be necessary to cancel a tour in which case a full refund will be given.
Voucher information: You must print and surrender a paper version of your booking voucher for this activity (showing your voucher on a smartphone is not accepted). No refund can be given for customers without a printed copy of their voucher.
Your voucher will be valid for 3 months from the date chosen at the time of booking.
Partial wheelchair access - No ramp but wheelchair space on board the bus.
Ability to load & store fold up - not fully accessible yet.
Beautiful scenery, easy to locate clean buses, fabulous fun friendly drivers, great value, will highly recommend, thank you...Mr B Whittet
I remember your driver, I sadly forgot what his name is, but he greeted us with all the languages he has/knows. Very friendly and gave us good tips on the place...Johanna Kay L Lim
The tour was excellent, the bus covered all areas of Sydney with knowledgable drivers. The buses were regular and I could hop on, hop off at any time....Miss K A Kinnear


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Our Person of the Week Guides Young Women Toward a Promising Future
Our Detroit 2020 Person of the Week is someone we've run into several times over the last few months.
We selected her because the work she's doing now is likely to pay off by the year 2020.
The first time we met Lynn Burdell was when the Detroit 2020 team was on a tour of the Don Bosco hall in the Cody Rouge neighborhood of Detroit.
Lynn is director of the Community Resource Center which provides access to cultural arts, educational, recreational and family support programs. There are the traditional youth programs like basketball and after-school tutoring. And, according to Lynn,"We have other more innovative type programs that are our graphic design, our robotics, we have the College for Creative Studies that teaches art, we have Pewabic Pottery that teaches pottery and actual skills in those areas."
She was also part of a meeting between the Detroit 2020 team and community leaders from Cody Rouge.
But what impressed us most about Lynn was what happened the evening after that meeting.
She brought a group of about 20 young women to tour the channel seven studios as part of a developing partnership between Cody rouge and Detroit 2020. It was part of a mentoring program.
"What we do is develop a curriculum around things we think they need to know and around things they want to know," Lynn explained
The girls have attended plays together, they've met with professional women in the community. Now they're planning an outing to an Alvin Ailey dance performance. But the program is about more then field trips.
"I wanted them to have a place where they could come and feel safe, learn, be exposed to get an opportunity to see other women to model and mimic and at the same time be comfortable enough to tell us things that they might not be comfortable saying to someone else and knowing that no matter what happens we will be there for them."
So for being there for the next generation, we recognize Lynn Burdell as our Detroit 2020 Person of the Week.
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subset: commoncrawl


text:
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WhenIt's flexible! We'll work with your schedule.
WhereThis is a Virtual Opportunity, with no fixed address.
TeenCentral.Net is a unique, personalized, anonymous and safe internet resource to help kids face and overcome crisis and life's daily challenges. Volunteers will be trained to counsel teens and help them deal with the many obstacles they face daily. College and University Internships are available to students. All work done by volunteers or interns is checked by Master's or Doctorate level Clinicians. Teens ultimately get professional help within 24-hours of submission, anonymously and safely. Write for more information.
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text:
Perhaps your usage of L' Hopital was inappropriate.
Pardon the notation, but...
Why do you need any fancy theorem?
I could use some help with an integral. The problem asks to determine whether a given integral converges or diverges. I know that the answer is "diverges" but I'm not sure why.
I used integration by parts to get:
Then I evaluated
I understood to require the use of L' Hopital's rule which I applied as follows: If this were true, the improper integral would evaluate to -1 - 0 = -1 and would converge. Can anyone tell me where I went wrong?
Is not true.
But, just noticing and going back to your integration by parts, the above is not true as well (you did the by parts incorrectly).
.........I did the limits on this before on your by parts, but since TKHunny already did this and I don't feel like doing it again with the correct equation I will leave it be. His answer satisfies why.
I realized after I posted that, my careless integration errors, i.e., missing the factor of 1/2.
But my real error was interpreting 1/(e^-2b) as b approaches negative infinity as resulting in 1/e^infinity rather than e^infinity. Thank you for clearing things up all, I'm okay now, I think!!


text:
Learn about Medicare
September 3, 2014
HONESDALE, PA — Everything you wanted to know about Medicare but were afraid to ask, at Wayne County Public Library, 1406 Main St., Wed., Sept. 3, 12noon-1PM. Lunch is provided. Presented by Pat Perkins, APPRISE coordinator and senior center director. www.waynelibraries.org/ or 570/253-1220.
For More Information:
Contact Phone #:


text:
1. The just-updated Economic Time™ for Thailand is a mirage: we currently diagnose an excess supply of money and excess supply of goods.
2. However, we cannot caution enough that this Economic Time is morphing into a cat on a hot tin roof:
a. First, inflation, especially the demand-pull type, is rising;
b. Second, fourth quarter GDP (up 5.8% in real terms over 4Q07) was driven very much by government outlays, and
c. Finally, we just do not think that global investors are going to flock to a market where populist domestic politics are getting rickety along with those in neighboring countries.
3. As economists, we note with particular concern that the new PM, Samak, wants monetary policy to be growth-friendly. This concerns us: Thailand's inflation needs to be controlled by the Central Bank. But he well could disallow this.
4. Caveat emptor!


text:
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Because you never know when you'll need a light, beaming light that is, carry this convenient credit card size flashlight in your pocket, purse or carry on bag. Quickly charges by plugging in to a USB port.


text:
RAGBRAI 2012: The man with a musical plan
Sun, Jul 22, 2012 | by Kyle MunsonShare
Sunday, Jan. 22 (Day 1) — I'm still lusting after the bazooka stereos (see photo below) that some RAGBRAI riders strap onto the backs of their bikes.
They pump deep, rich bass, and I certainly don't want to lug one of those heavier boom boxes fashioned out of a plastic cooler and towed on a trailer. (The music that spurred me up the hills would be offset by the weight drag.)
So I accosted John Taylor of Des Moines as he rolled into downtown Orange City with his bazooka blaring an oldies crooner playlist — part of the strict schedule apparent from the back of his shirt as a guide to his methodically categorized musical ride.
Taylor even printed separate schedule for A.M. and P.M. riding, with a Beatles brunch at noon — kudos, John — and more upbeat fare to spur on his fellow riders through the oppressive afternoon heat.
Some guy in Tucson, Ariz., sells these bazookas out of his garage for $250 apiece, Taylor said. He added a $60 solar panel to power it. All the songs are chosen and volume adjusted from his tiny iPod within easy reach on his handlebars. (As one of those custom cooler boom boxes rolled by, Taylor cranked his volume for some good-natured sparring.)
Taylor purchased his two-wheeled blaster last year shortly before RAGBRAI and didn't have a chance to map out a precise playlist. So for the 40th RAGBRAI he spent all year agonizing over his ideal soundtrack.
Taylor, who trains financial advisors for ING in Des Moines, might want to look into a little DJ work on the side.
In contrast to his meticulous musical ways, he's lost count of how many RAGBRAIs he's ridden. Maybe 20?
Taylor biked away from me to the tune of the theme song from "Gilligan's Island."
RAGBRAI – a perennial tale of a fateful trip if ever there was one.


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Every given SundayOctober 04,2013
Vermont is becoming safer for high school athletes, thanks to legislation advanced into law this year in part by Montpelier High School football coach John Murphy and his father, Sen. Richard Sears of Bennington.
Act 68, which was signed into law in June, expands the definition of sports that have a high risk of concussions (so-called collision sports); requires concussion training for sport officials; and requires that by July 2015 all athletic competitions must be attended by a medical professional who is certified in concussion management. This last requirement is dependent on the findings of the Concussion Task Force, which is made up of a mix of educational, health and athletic representatives, and has met three times so far. The first round of conclusions from the task force is due in December.
The sports that the law identifies as having a higher concussion risk include some that may appear obvious, as well as others that we dont typically associate with repeated head trauma: football, lacrosse, wrestling and ice hockey.
The task force primarily has the job of finding ways for schools to absorb the significant financial impact of the rules. Posting a certified concussion specialist at every applicable sporting event may cost more than $10,000 per season, per sport. Initially the bills wording called for this requirement to have an effective date of 2014, which was later changed to allow the task force more time to adjust the requirements in the face of the financial impact that would have on small schools.
Beyond that effort, the law is already having a positive impact, first of all with increasing awareness and better training. When the law goes fully into effect, the outcome will be greater safety for our teenage athletes, whose brains are still in a developmental stage, and who are in general competing for the fun of it, rather than financial gain.
This is not so true in professional sports, in particular football and ice hockey.
The danger from repeated concussions is clear, particularly when viewed from a national level, where the National Football League has slowly begun to confront a health crisis caused by the violent nature of the sport.
Emblematic of this crisis is the story of former San Diego Chargers and New England Patriots linebacker Junior Seau, who killed himself in 2012, after struggling with wild behavior swings, irrationality, forgetfulness, insomnia and depression after a 20-year career in the National Football League. Tests on Seaus brain after his death showed evidence of a disease related to traumatic brain injuries. His family has since sued the NFL, saying the league has consistently disavowed, covered up or denied the link between the repeated violent collisions on the field and the disease Seau suffered from. He is not the only one.
In November of last year, an Associated Press review found that more than 3,800 former NFL players had sued the league over head injuries. Among other things, the suits claim that the league has denied or covered up evidence that the repetitive, violent trauma sustained by football players results in serious brain injuries and lifelong health issues.
The NFL has consistently denied these claims, and in August settled a major portion of these lawsuits in federal court for $765 million and promptly sealed the documents related to the lawsuit, including reams of testimony on the terrible effects of traumatic brain injuries players suffer in the course of their career.
The scientific validity of the NFLs own research on brain injuries in its players has been called into question for nearly a decade, even as the league hyped and promoted the very violent and traumatic aspect of the sport that caused the trauma: big hits, physical play and a play-through-pain attitude. The August settlement is just a continuation of that disconnect. Also in August the NFL abruptly repudiated, and pressured the sports network ESPN to repudiate, a long-term investigation into concussions with the public television show Frontline after a screening of the first cut of the show.
The motivation to minimize the publicity of long-term damage to players is simple: money. The NFL (and ESPN) cant afford to have its Sunday devotees suddenly turn off because they find that the sport they love is responsible for the physical and mental destruction of many of its players.
We are lucky that at the state level, the motivation is far less about money and far more about making things work with the money we have, with the safety of our athletes in first place. Thats the way it should be.MORE IN EditorialsPhil Scott will take office next month after winning with a margin of 51.11 percent to 43. Full StoryIdeologues and partisans work from the outcome backward. Full StorySeventy-five years ago on Dec. 7, Japan launched its surprise attack on Pearl Harbor in Hawaii. Full Story
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text:
Newmarket Fox & Houndshistorical era: date unknown
Bury St
Something we've got wrong about this establishment? Something more you think we should know about it? Please email us
CAMRA West Suffolk & Borders branch.last updated 17/04/2016
This pub may not actually have existed. We have only seen references to it in one place, which is known to be distinctly unreliable.
(Most pub, location & historic details collated by Nigel, Tony or Keith - original sources are credited)
(some old PO directory information courtesy of londonpublichouse.com)


text:
Our Products Are Made With Renewable Materials
All our paper and paperboard is made with renewable materials, trees from forests where responsible forestry practices are used. In fact, the U.S. Forest Service data show that the amount of wood growth in the states where get our wood exceeds use. However, we believe that renewable means more than just regrowth. It involves other elements such as utilization of responsible forestry practices and minimizing environmental impacts. Healthy forests also minimize erosion and provide habitat for many species and ecosystems. This provides us with a source of renewable material for our products while protecting wildlife, soils, and water quality.
We also work closely with our suppliers to promote responsible forestry practices. That's one of the key reasons why we developed the award winning Evergreen Forest Certification® (EFC) program. Learn more about how the Evergreen Forest Certification Program program is working with small landowners to increase the amount of certified forests.
We Rely on Renewable Resources. Naturally.
We are committed to promoting responsible forestry and using third party certification to verify responsible forestry practices. Evergreen Packaging has outlined its commitment to sustainable forestry practices through its Fiber Procurement Policy
Our fiber procurement programs are certified to meet the Sustainable Forestry Initiative® (SFI®) Certified Sourcing standards. All of our North American facilities, including pulp and paper mills, extrusion coating plants, and converting plants, have independent third-party chain-of-custody certifications, such as Forest Stewardship Council® (FSC®), the Programme for the Endorsement of Forest Certification (PEFCTM), and the Sustainable Forestry Initiative® (SFI®). Our paper products are made from 100% US-sourced wood which can be traced to the district of origin.
To ensure our wood comes from responsible sources:


text:
The ESD-6060 6 band™ radar detector is one of Cobra's lower-end models. The Cobra ESD 6060 responds to all types of radar currently in use by police, and provides 360 degree detection of all types of laser guns laser. The Cobra ESD-6060 is immune to the VG-2 detector, and provides alerts when VG-2 is in use. Basic support is included for the Safety Alert® system as well.
› Cobra Radar Detector Comparison


text:
I think this is just gold. Today, The Session, the monthly celebration of one theme by beer bloggers all around the globe...was forgotten by The Barley Blog:
I need to pay attention to my own blog announcements — I forgot that today was Session #19. Well, I didn't really forget about the date, I just neglected to pick up an appropriate beer in advance. That said I am hitting up Total Wine on the way home today, so perhaps I'll get the motivation to post a late entry. Yeah, that sounds like a plan. See you then.
Excellent. I point this out not to make fun but to show solidarity. You know, generally. See, I forgot to think about what to think about. I knew that Stan was actually going to be in Germany. I knew plenty of others were going to be able to tell you more about brewing Teutonic as with this post over at Musings Over A Pint. But I didn't take the time to think about what I knew. Clearly the moment calls for one thing - faking it.
So, over the last 30 days, I took the time to carefully survey the beer market: the neighbourhood bierkelleren, the famous shirtless lederhosened lager pubs my Kingston is famous for and saw that there was one German beer we love more than any other and one that virtually flows in the streets...you know, when the maple syrup tap is shut: Berliner Weisse Bier! Ja! Ja!! Ja!!!
OK, this is a left over from our sour beer studies, I admit it. Ron, as always, tells you all you need to know about the style...or, in fact, simply style...here, here, here and here and here. There is likely more. How can't there be? I have the 1809 Weisse by Bayerische Staatsbrauerei Weihenstephan, the same good folks who make the excellent weissebier like the two we tried last November. It pours a lightly effervescent light cold with no head. On the nose, quite yeasty apple cider with just a little bit of barnyard. In the mouth, prickly. It's like a softened version of a dry fairly neutral Portugese white wine or a light sparkling Ozzie gone mostly flat. Hey - ich habe nicht es satt! Ja! Ja!! Ja!!! Stark and mineral but not overwhelmingly acidic or sharp like a lambic. Sure, there's some grassiness, some apple juice and white breadiness with a lighter sourish tang at the finish. But what a relief. And interesting to see how Ron notes "I find most interesting the fact that the beer was usually watered down just before packaging" as this is one of the more watery beers I have every had - though at 5% neither a true session beer or the beer that CAMWA was set up to promote.
This is a sure fire entry beer for the sours to come as one grows through beer. Tom at Yours for Good Fermentables has more about the Weihenstephan's 1809 Weisse here. Effusive praise from the BAers.


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Sheriff's Department Tired from Three Days of Searches
Laramie, Wy – This weekend the Albany County Sheriff's Department and others had to do three searches for lost snowmobilers. A total of eight people got lost or stuck in the Snowy Range. All spent nights in the wilderness, and they all did survive.
Lieutenant Michael Garcia from the Sheriff's Department says people can do a lot to increase the chances of getting found alive. Building a shelter before nightfall is primary because he says that gets them out of the elements.
Garcia says leaving details about where you are planning to sled also can cut down search time.
The cost of the searches comes from a state fund and the Albany County Sheriff Department's regular budget.


text:
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text:
27 Signs Your Long Distance Relationship is Ending ...
5. He Doesn't Use Endearing Nicknames for You Anymore
A healthy couple enjoys using many terms of endearment whenever they speak to each other.
Not only because its fun but because it can make you feel emotionally closer to one another.
He may already have one foot out the door if he stopped calling you silly and sweet nicknames like hunny bunny, baby cakes or love muffin.


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text:
EDISON - Hudson County Sheriff Francis Schillari has released the audio from the 911 call that sparked a large-scale police investigation around the Lincoln Tunnel.
The call, allegedly made by 39-year-old Donald Wallace, snarled rush-hour traffic on Tuesday for hours in the surrounding areas. Wallace allegedly told the dispatcher, "I have a D.C. sniper that's driving into your city right now."
Port Authority police say that Wallace was taken into custody in Manhattan. He faces charges of creating false public alarm and terroristic threats.
READ MORE: New Jersey Crime Stories
Emergency responders swarmed around the tunnel area after Weehawken police got a 911 call at around 5:15 p.m. Tuesday. The caller claimed the sniper was on top of a building overlooking the tunnel on the New Jersey side.
Police also ordered passengers off a light rail train near New Jersey's Lincoln Harbor station during the search.


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text:
Interest Level
Grades 2 - 5
Reading Level
Grade level Equivalent: 5.6
Lexile® Measure: 860L
Guided Reading: R
- Comedy and Humor
- Parties and Dances
- Pride and Self-Esteem
- Birthdays
- Friends and Friendship
About This Book
Oggie Cooder returns . . . this time showing what a party animal he can be (birthday party animal, that is)!
It's the party of the year!
Oggie Cooder's charving has already taken him to the top of the world. (Charving, if you didn't know, involves chewing and carving pieces of cheese.) But there's one place Oggie has never been allowed to go: Donnica Perfecto's pool.
This year might be different. Donnica's mother has made her invite Oggie to a pool party. And Oggie couldn't be more excited. Not only will he finally make it into the pool, but there's also going to be mini hot dogs and a juggling bear.
The only problem? Donnica does not want Oggie at her party. And she'll do anything to stop him from coming! But what she doesn't count on is the power of Oggie's charving, an unexpected visit from a local rock band, a creative use of a cherry picker, a dog that tweets like a bird, and a boy in a bear suit whose identity will change everything when it's revealed.
Once again, Sarah Weeks has created a funny hero who won't let anything — not wimpiness, not adversity, not haiku contests — stand in his way.
Items Added to Cart:
1 Paperback
2 Hardcover
1 Teacher's Edition
$48.99 Subtotal


text:
The hour is all but upon us, folks: The mighty Apple are getting ready to take the stage at the Yerba Buena Center for the Arts Theater in San Francisco and (finally) announce... something. You can cut the digital excitment with a digital knife, amIright?
We will be bringing you up-to-the-second news on everything Apple as the conference goes on, so keep refreshing our site.
After the news breaks, we'll be bringing you expert analysis, reaction, and in-depth Apple discussion. Then, you can tune into Attack of the Show tonight at 7PM for even more reaction, analysis and fun. You could say today is Apple Day, and you could say G4 is your source for all things Apple.
Have patience, the show is about to begin...


text:
May 9, 2015
Animals used in circuses such as Ringling Bros. and Barnum & Bailey live a dismal life in which they are dominated, confined, and violently trained. Workers routinely beat, shock, and whip them until they learn to perform ridiculous tricks that make no sense to them.
Most elephants used by circuses were captured in the wild. Once removed from their families and natural habitat, their lives consist of little more than chains and intimidation. Some baby elephants are born on breeding farms, where they are torn away from their mothers, tethered with ropes, and kept in isolation until they learn to fear their trainers. Throughout their lifetime, all that they will ever know is extreme loneliness and beatings with sharp bullhooks.
Starting with a 2009 investigation, PETA has documented cruelty to more than 20 elephants—ranging in age from just 2 years old to at least 54—who are on the road with Ringling. These sensitive and intelligent animals have spent an average of 30-plus years with the circus, and four elephants have each been in Ringling's possession for 43 long years.
These are just a few of the elephants who have been forced to perform with the circus in recent years:
Barack is a 2-year-old elephant born at Ringling's Florida breeding compound. He is forced to endure life on the road with his mother, Bonnie, whose lack of natural, maternal behavior toward Barack has alarmed elephant experts. In early 2010 and again in 2011, Barack was diagnosed with the elephant endotheliotropic herpesvirus (EEHV), a common killer of young, captive-born Asian elephants. EEHV is associated with stress, and symptoms include a pale or bluish tongue, swelling of the head and neck, and lethargy. Death is caused by massive internal hemorrhaging and heart failure. Barack was pulled from the show after his second diagnosis, and Ringling has not spoken publicly of his fate since then.
Nicole is a 34-year-old elephant who looks and acts twice her age, according to experts. Her front legs turn out, her wrists bow, and she has abnormal, swollen lumps on both front legs. Problems with feet and nails are a leading reason for euthanasia of captive elephants; all of Nicole's foot pads are overgrown and discolored, and she has evidence of abscesses on her nails. She has lameness consistent with arthritis, painful bone bruising, and ligament or tendon damage in her right knee, which manifests as instability on that limb. She grimaces in pain while walking and has difficulty exiting the train cars, scraping her back on the undersized doorway.
Sara is a 9-year-old survivor of the cruel training practices used by Ringling that were brought to light by whistleblower Sam Haddock. She is underweight, as is indicated by her very sunken face and prominent skull bones. Sara has suffered from chronic lameness since early 2009, but Ringling has not conducted adequate diagnostics, developed a treatment plan, or ensured that she receives prescribed treatments. Sara displays a high intensity and frequency of abnormal behaviors, including swaying and head-bobbing. She appears to be nervous around people and shows fear responses toward her trainer. She frequently thumps her trunk on the ground, an common indicator of anxiety, and she may walk with her mouth open, a sign of abdominal discomfort or thirst.
Karen is a 42-year-old elephant who was born in the wild in Asia. Experts have deemed her to be in such poor condition that the humane option would be to allow her to retire. Late in 2010, Karen was granted a reprieve and permitted to stop traveling, but as of March 2011, she is back with the Blue Unit. Karen is being forced to perform unnatural "tricks"—such as lifting a basket with a dog inside it with her mouth while standing on a rotating pedestal—despite needing veterinary care for dental problems and overgrown, inflexible foot pads, a condition that is painful and predisposes her to osteoarthritis.
Meet some of the elephants forced to travel with Ringling's Red Unit:
Tonka was born in captivity and has been with Ringling since about 1989. PETA captured on video an incident in which the 28-year-old elephant was hooked behind the ear, causing her to scream and bleed, while the elephants were being walked from the arena to the train in Austin, Texas. Her brother, Kenny, suffered a worse fate. In 1998, 3-year-old Kenny, who had been bleeding from his rectum and was clearly very sick, died alone in a stall after being forced to perform despite being sick. As a result, Ringling was charged with violations of the federal Animal Welfare Act and paid $20,000 in an out-of-court settlement.
Luna, an Asian elephant, is considered to be especially dangerous. Like Tonka, she and her siblings have also suffered horrible abuse at the hands of the circus industry. Luna's brother Ned was found to be emaciated and was confiscated from circus trainer Lance Ramos-Kollmann in 2008. Ned was placed at The Elephant Sanctuary in Tennessee, where he died on May 15, 2009. Luna's brother Benjamin drowned on July 26, 1999, when he was only 4 years old, as he tried to move away from a trainer who was jabbing him with a bullhook while he was swimming in a pond.
Angelica, 14, has been held captive by Ringling since the day that she was born. In 1999, a U.S. Department of Agriculture (USDA) report stated that there were large lesions on Angelica's leg, and a Ringling employee said that the scars were caused by rope burns resulting from the violent and terrifying process of separating Angelica from her mother. In January 2006, the USDA cited Ringling for causing trauma, behavioral stress, physical harm, and unnecessary discomfort to Angelica and another elephant who suffered injuries after the two elephants ran amok while performing in Puerto Rico.
Assan, Banana, and Baby were born in the wild in Asia, and all three have been with Ringling since about 1968. A humane officer discovered lacerations consistent with bullhook wounds on Assan and Baby during an inspection in California. A former Ringling employee reported that the elderly Banana, who suffers from arthritis, was not being given medication to help alleviate the pain.
Help the elephants who are held captive and beaten by Ringling Bros. Take action now!


text: My name is Travis Parrish and my buddy from Fort Myers and I went out to the Indian River not too long ago to go fishing. We were searching for some nice fat reds for a tournament we were entering that weekend. I found a nice clean bank with a good drop off and a variety of bait in the area. The water was nice and cool, so I knew some big trout would be around. As I was polling, looking for some reds, I saw what appeared to be a snook cruising the bank. The shoulders were broad and he swam like he owned the place. I told my buddy Matt to cast on him as he was about 15 yards away and without hesitation this beast crashed his jerk bait. Within five minutes we had him in the net and onto my boat. It was a shock to see his big ole yellow mouth; it was by far the biggest trout I had personally ever seen caught. After weighing it on my boga grip and taking it to sunrise marina, it turned out to be just over 12lbs and 33 1/4 inches. After we went home and did a little research, the current length IGFA record is 79cm which is just over 31 inches. We had just landed the world's longest trout.


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Sabri Ben-Achour appears in the following:
90 Seconds: The Technology and Investment Behind Plane Evacuations
Monday, July 08, 2013
(Marketplace) Investigators from the U.S. and Korea are meeting today with the pilot of Asiana flight 214 to help determine what caused it to crash at San Francisco International Airport on Saturday. Officials have confirmed that two of the 291 passengers on board died in the crash. Over the years airlines and aircraft manufacturers have invested in technology to improve crash survivability.


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'Dancing With The Stars': Latest Star Gets Knocked Out Of Competition
On performance night of "Dancing with the Stars" megastar Stevie Wonder celebrated his musical career by performing live for each of the dances plus a few extra songs. On results night Stevie revealed that he had an incredible night - adding that he is not only a big fan of the show but wants to be a part of the show as a contestant.
The night of music and results began with a performance by British pop star Olly Murs who performed his platinum selling hit "Troublemaker".
In the first results Kellie and Derek and Aly and Mark were announced safe for another week.
In the fan voted encore dance, Team Paso – Zendaya, Valentin, Ingo, Kym, Victor, Lindsay, Jacoby, and Karina – reprised their Paso Doble.
The next results revealed that Zendaya and Valentin were safe but Sean and Peta were in jeopardy of going home.
Grammy winning urban music star will.i.am gave the network television debut of his new single "That Power" from his new album "Will Power".
The next two couple to learn their results were Ingo and Kym who were safe and Victor and Lindsay who were the second couple in jeopardy of going home.
In the Macy's Stars of Dance choreographer A.J. Jones choreographed the performance.
The professional dancers gave a little preview of what's to come next week when they gave a performance that included a fire dancer.
The last two couples learned their results when Jacoby and Karina were safe but Andy and Sharna became the last couple in jeopardy.
In the final results for the week Andy and Sharna were safe leaving Sean and Peta and Victor and Lindsay in the bottom two and facing elimination.
The couple going home after six weeks of performances that landed them at the bottom of the leader board and in the bottom two was Victor Ortiz and Lindsay Arnold. Victor said that he had a blast while on the show and invited the cast to sit ringside for his next championship fight.
Next week is Latin Week and multi Latin Grammy Award winning Columbian star Juanes will perform the songs live in the Ballroom.


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Today, I had sex with my girlfriend. Being the stud that I am, after a short time I turned to her and said "You think you're ready for a round two?" She replied "No, but I do think I'm ready for the rest of round one." FML
by saddude / 03/04/2009 at 2:03am / United States (District of Columbia) / Intimacy
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Access: Take I-15 Exit 16 to Hurricane City (SR 9); take the exit ramp south toward Hurricane. Follow SR 9 east for approximately 19.6 miles, just past the town of Virgin. Turn left on the Dalton Wash Road and continue for 1.7 miles until you come to a fork in the road. Take the left fork and follow the main road 2.4 miles along the main dirt road that skirts around the base of the mesa to the east and eventually climbs a steeper section of road (high-clearance, 4WD vehicle recommended) to the top of this mesa. Follow the road as it curves southeast and find a dirt parking area at the trailhead on your right.


text: Whether you have a jewel box loo to dazzle, or want traditional elegance for a resort-chic luxury, the bathroom deserves a gorgeous wallpaper design. Your powder room provides a unique opportunity to have fun with the walls, or "gild the lily" as they say! Toile wallpaper can put a Victorian sophistication on your bath, plaid or polka dots will invite a country-chic comfort, while faux tiles can easily provide a spa-like wall update. From sleek, chic and modern to whimsical or rustic, wallpaper in the bathroom has a captivating presence.


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Ashford Hospitality Trust, Inc. (NYSE:AHT)
Q3 2012 Earnings Call
November 1, 2012 11:00 AM ET
Monty Bennett - Chief Executive Officer
Douglas Kessler - President
David Kimichik - Chief Financial Officer
Jeremy Welter - Executive Vice President, Asset Management
Ryan Meliker - MLV & Co.
Will Marks - JMP Securities
Robin Farley - UBS
David Loeb - Robert W. Baird
Rob LaFleur - Cantor Fitzgerald
Welcome to the Ashford Hospitality Trust's third quarter 2012 conference call. (Operator Instructions) At this time, I would like to turn the conference over to (inaudible).
Unidentified Company Representative
Good day, everyone, and welcome to Ashford Hospitality Trust's conference call to review the company's results for the third quarter of 2012. On the call today will be Monty Bennett, Chief Executive Officer; Douglas Kessler, President; David Kimichik, Chief Financial Officer; and Jeremy Welter, Executive Vice President of Asset Management.
The results as well as a notice of the accessibility of this conference call on a listen-only basis over the internet were distributed yesterday afternoon in a press release that has been covered by the Financial Media.
At this time, let me remind you that certain statements and assumptions in this conference call contain or are based upon forward-looking information and are being made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to numerous assumptions, uncertainties and known or unknown risks, which could cause actual results to differ materially from those anticipated. These risk factors are more fully discussed in the section entitled, Risk Factors, in Ashford's Registration Statement on Form S-3 and other filings with the Securities and Exchange Commission. The forward-looking statements included in this conference call are only made as of the date of this call, and the company is not obligated to publicly update or revise them.
In addition, certain terms used in this call are non-GAAP financial measures, reconciliations of which are provided in the company's earnings release and accompanying tables or schedules, which have been filed on Form 8-K with the SEC on October 31, 2012, and may also be accessed through the company's website at www.ahtreit.com. Each listener is encouraged to review these reconciliations provided in the earnings release together with all other information provided in the release.
I will now turn the call over to Monty Bennett.
Monty Bennett
Thank you and good morning. We are pleased to report another solid quarter of EBITDA growth from improved RevPAR performance and operating margin expansion. Furthermore, our capital market strategies continued to enhance Ashford's financial flexibility. This mitigation is one of our key priorities as well as the ability to pursue accretive investments opportunities as they may rise.
During the quarter, we've seen RevPAR growth of 5.9% for all hotels and continuing operations, including 6.6% for all legacy hotels and 3.4% for hotels in the Highland Hospitality portfolio. Approximately 86% of this RevPAR growth was generated from increases in our average daily rate and we expect this trend to continue.
Overall, RevPAR growth continues to be driven by improving demand in the midst of a historically low period of hotel room supply. This improvement in the lodging industry fundamentals is occurring in spite of the sluggish economic growth. A positive change in any or all of these situations could lead to even greater acceleration in the already recovering lodging sector.
Looking ahead, PKF hospitality research continues to forecast strong RevPAR growth for U.S. hotels, a 6.2% in 2013 and 8.8% in 2014. A key factor in this growth is relatively low new supply due to the limited availability of hotel construction financing. In fact, the supply forecast on PKF have actually come down recently, projecting net new supply growth for 2012, 2013 and 2014 of 0.4%, 0.8% and 1.3% respectively. Given these favorable trends, we believe we are not even at the halfway point in this cycle, and maintain that this period appears to be a very attractive time to invest in lodging stocks.
In terms of adjusted EBITDA, we are very pleased to report on our strong growth of 14.4% over the prior year with an adjusted EBITDA of $80 million. We have seen hotel EBITDA margin improvement of 216 basis points for all of our hotels. We expect increasing revenues and our cost control measures will continue to drive improved performance. EBITDA growth is a major operational focus for our team, given that the benefits of this growth within our leverage platform and existing share count have strong potential for shareholder value creation.
In our legacy portfolio, we generated EBITDA flows of 70% and margin improvement of 221 basis points during the third quarter. In the Highland portfolio, we achieved EBITDA flows of 97% and margin improvement of 189 basis points. The Highland portfolio continued to experience strong EBITDA flow-through during the quarter, as a result of improved property management and the benefits of capital expenditures designed to unlock value in these assets.
The Highland portfolio continues to perform in line with our original underwriting expectations. And we continue to work on enhancing Highland's topline performance with the goal of achieving even better results in the quarters to come.
For the third quarter 2012, Ashford reported AFFO per diluted share of $0.31 compared to $0.38 a year ago. This year-over-year differences do impart to the gains we experienced from the interest rate hedges that terminated in 2011, affecting AFFO per share by $0.12. We expect to see declining impacts from our hedges in our financial reporting as the economic recovery continues and the hedges terminate.
As previously announced, our Board of Director declared a dividend of $0.11 per share for the third quarter of 2012, which represents an annual rate of $0.44 per share. This covered dividend is well above of our peer average. Based upon yesterday's closing price, the dividend yield is 5.1%, which is among the highest of our peer group.
Before I turn the call over to Kimo, I would like to note that we have included Jeremy Welter on this quarterly update. Jeremy is our Executive Vice President of Asset Management, and is response for overseeing the operational performance, brand relationships and the capital expenditures within our portfolio. We decided that investors might appreciate getting to here directly from Jeremy and his department from time to time.
With that, I will now turn the call over to Kimo to review our financial performance for the quarter.
David Kimichik
Thanks, Monty. For the third quarter, we reported a net loss to common shareholders of $23,637,000; adjusted EBITDA of $79,954,000; and AFFO of $26,030,000 or $0.31 per diluted share.
At quarter's end Ashford had total assets of $3.5 billion in continuing operations and $4.5 billion overall, including the Highland portfolio, which is now consolidated. We have $2.3 billion of mortgage debt in continuing operations and $3.1 billion overall, including Highland. Our total combined debt currently has a blended average interest rate of 4.9%.
With the maturing of some of our swap positions, we currently have 63% fixed rate debt and 37% floating rate all of which is caps. The weighted average maturity is 3.6 years. Since the length of the swap did not match the term of the underlying fixed rate debt, for GAAP purposes this swap is not considered an effective hedge.
The result of this is that the changes in market value of these instruments mostly run through our P&L each quarter as unrealized gains or losses on derivatives. These are non-cash entries that will affect our net income, but we added back for purposes of calculating our AFFO. The third quarter, it was a loss of $8 million and for the year it's a loss of $23.7 million.
At quarter's end, our legacy portfolio consisted of 95 hotels in continuing operations, containing 19,967 rooms. Additionally, we own 71.74% of the 28 Highland hotels, containing 5,800 net rooms in a joint venture. All combined, we currently own a total of 25,767 net rooms. We're also in a position in one performing mezzanine loan, the Ritz-Carlton and Key Biscayne in Florida with an outstanding balance of $4 million.
Hotel operating profit for all hotels, including Highland was up by $10.3 million or 13% for the quarter. Our share count currently stands at 85.8 million fully diluted shares outstanding, which are comprised of 68.2 million common shares and 17.6 million OP units.
During the quarter, we received a payment of $5 million from a guarantor on a previously fully impaired mezzanine loan. This payment is reflected on the income statement as a negative impairment charge and has been excluded for purposes of calculating adjusted EBITDA and AFFO.
Lastly, I'd like to take a moment to discuss the additional financial disclosure, we began providing last quarter, which is based on several conversations we had with many of you on this call. This includes a more detail disclosure of our debt and trailing 12 month EBITDA by a loan pool.
This quarter we added to one of the schedule, the trailing 12 month EBITDA debt yield. We hope that this additional information enables you to prepare a bottom-up valuation analysis on Ashford, rather than a top-down approach. We anticipate that this year will lead to more accurate indications of our value, when summarized into individual portfolios and taking them to consideration that all of our loan pools are non-recourse. We hope this additional disclosure helps you in refining your model and perspective on the company.
I'd now like to turn it over to Jeremy Welter, for some additional insight on asset performance during the quarter.
Jeremy Welter
Thank you, Kimo, and good morning everyone. As previously stated by Monty, our third quarter RevPAR increased 5.9% for all hotels in continuing operations, including 6.6% for our legacy hotels and 3.4% for the hotels in the Highland portfolio. Total portfolio RevPAR index slightly increased during the third quarter. We observe strong underlying market trend across our portfolio, which contributed to significant growth in average daily rate of 5.2% and 4.7% for our legacy and Highland portfolios respectively.
Leisure travel continued it's resurgence during a strong summer season. Group travel also outpaced our expectations and many of our key MSAs. However, some of the demand growth has been neutralized by a further reduction in government related room night utilization and ancillary spending across our portfolio.
As we have stated on previous calls, the lodging recovery is broad based, with our highest RevPAR growth and major markets coming from Houston, Jacksonville, Chicago as well as Tampa and Charlotte, all of which delivered over 15% RevPAR growth for the quarter.
It is worth highlighting some one-time events that impacted our results in the third quarter. The Republican and Democratic National Convention were held in Tampa and Charlotte respectively. Our five hotels in these markets benefited tremendously from the conventions and outperformed even our own internal expectation. Despite the conventions lasting less than a week, these five properties experienced RevPAR growth of over 20% for the entire quarter.
The five-day pickup for our Tampa and Charlotte assets translated into a 155% increase in ADR, a 44 point increase in occupancy and a 366% increase in RevPAR as compared to the prior year. Affecting the performance of the Highland portfolio was this year's timing of the Jewish Holidays as well as Hurricane Irene, which provided a boost to 2011s comparable results.
Setting aside one-time events, I'd like to give you some additional color on a few of our major markets. The Washington DC area is the largest market in our portfolio, representing approximately 10% of our rooms and approximately 15% of our EBITDA. But the number of our hotels centered in this Crystal City area near Reagan Airport, the ongoing base realignment and closure plan or BRAC being implemented by the Department of Defense has been challenging.
But resilient group travel and strong summer leisure travel drove RevPAR for our DC hotels higher by 6.1%, the best quarter of 2012 yet. Our asset management team recognize the challenges in DC and proactively work with our managers to group up for our big box DC assets during the quarter, which in turn led the RevPAR gains of 8.6% and 10.6% through the Marriott Gateway and the Capital Hilton respectively.
Looking ahead, group room bookings in 2013 are thus far solid, and the long-term fundamentals in Crystal City will remain strong due to its strategic location near the Pentagon and downtown Washington DC. While the DC's market growth is still slower relative to other gateway cities, we remain confident and it's excellent long-term prospects and expect to see improved performance following the Presidential Election.
Turning to other markets, the San Francisco Bay Area was one of our strongest performing MSA's in our portfolio this quarter with RevPAR increasing over 13%, driven almost entirely by increases in ADR. Our Orlando hotels, which represent 7% of our rooms, experienced RevPAR growth of 9.1% for the quarter, which again evidenced the pick up of summer leisure.
Our asset management team continues to be among the most aggressive in the industry in resisting cost free and controlling margins as evidenced by our hotel EBITDA flows of 74% and margin improvement of 216 basis points. The team continues to be laser focused with our third-party property and brand managers, by monitoring headcounts, labor cost and scheduling. We are also pleased by the team's success and working through the challenges, we represented with Marriott sales transformation, which impacted our Marriott manage portfolio during this rollout.
The final markets were rolled out in the third quarter of 2011, and we worked actively with Marriott on deployment, business development, key account coverage and overall sales and revenue management strategies. We're beginning to see the benefits of these initiatives with a net result of 9.6% increase in quarterly RevPAR in our Marriott managed legacy assets.
Looking ahead, we remain optimistic for 2013, particularly as we consider the favorable hotel demand and net new supply and balance. We've analyzed our properties and believe average net new supply for 2013 in our specific markets should be less than 1%.
In terms of capital expenditures, we continue to strategically invest the strength in our asset's competitive positions. Year-to-date we have invested $82 million. Of this amount, $27 million or 33% was owner-funded above and beyond our FF&E reserve. We recently completed transformational lobby and public space renovations for our two Highland portfolio DC independent hotels, the Churchill and Melrose. During the second quarter we completed the rooms renovation of our Key West asset, which benefited the property in the third quarter as it grew RevPAR by 9.8%.
Now, I'd like to turn the call over to Douglas to discuss our capital market strategies.
Douglas Kessler
Thank you, Jeremy, and good morning everyone. Throughout the year our capital market strategies have focused on two key themes. We're actively managing debt maturities and maintaining disciplined approaches to cash accessibility and utilization. Our capital goal remains to be in a strong position to whether any short-term market fluctuations. We're also being ready to pursue accretive investment opportunities.
We continue to carefully monitor the capital markets and has seen some improving trends, especially lately with regards to the availability of debt. We've successfully refinanced our 2012 maturities, and are already working on our loans maturing in 2013 and beyond.
The high debt yields on these upcoming refinancings, we do not expect any capital will be needed for the pay-downs. For example, we're in the process of refinancing our $101 million with loans maturing in the first and second quarter of 2013, on three very strong performing assets within Highland portfolio.
We also see an opportunity with the recent improvement in the debt markets to pursue an early refinance of the $154 million non-recourse loan currently at 12.72% interest rate that is set to mature in December 2015. We hope to make an announcement in the near future on these refinancing initiatives.
During the third quarter, we added a new participant to our senior credit facility, upsizing this facility to $165 million from $145 million. The terms of this credit facility remain unchanged and we retain the option subject to lender approval to further expand the facility to an aggregate size of $225 million.
The Syndicate now consist of six banks, including Bank of America Merrill Lynch, who they recently added, Deutsche Bank, Morgan Stanley, UBS, Credit Suisse and our lead arranger KeyBanc. Currently this facility remains undrawn and all other company debt is non-recourse.
On the transaction side during the quarter, we transferred the Hilton El Conquistador in Tucson, to receiver as part of a consensual foreclosure. By eliminating this hotel from our portfolio and removing the associated $19.7 million debt balance, it will be approximately $0.03 accretive to AFFO, based upon its trailing 12 month EBITDA contribution of negative $1.7 million.
The hotel sales effort, we mentioned earlier in the year, mainly the Doubletree Columbus has taken longer to complete. This unencumbered asset is relatively small in value and we have to report soon on our progress. Regarding other asset sales, the market for hotels remains attractive and we regularly receive interest from unsolicited buyers for several of our hotels.
Our preference is to hold on to these assets rather than selling them at this point in the lodging cycle. There are several reasons for this. We anticipate seeing improvement in net operating income in our hotels, and as a result it increase in value over time. Second, we continue to see more investment capital flowing into the lodging sector. Third, with capital flows increasing and the interest rate market remaining relatively low for the foreseeable future, we do not expect any near-term risk of cap rate expansion. Of course, we are constantly evaluating these factors and are also subject to change as conditions fluctuate.
Since we stated that it is not a good time for us to sell, you might wonder what we are buying at this point in the cycle. The answer is, refining accretive hotel investments remains a challenge for us, give our current cost of capital and share price. The acquisition market is extremely competitive for high quality hotels.
While we continue to actively underwrite opportunities, we see no need to issue equity at a depressed EBITDA multiple to chase investments. We want our growth to be meaningful and believe that our strategies are highly in line with shareholder interest, given our 21% insider ownership.
That concludes our prepared remarks, and we will now open it up for your questions.
Question-and-Answer Session
(Operator Instructions) First question is from Ryan Meliker with MLV & Co.
Ryan Meliker - MLV & Co.
Just a quick question with regards to the dividend. I'm wondering if you can give us some color on how the board is going to think about the dividend heading into 2013. It looks like you guys have some solid FFO, and basically FFO coverage depending on how your CapEx shapes out next year. How is the board going to think about the dividend in terms of a potential raise? Is it going to be based on AFFO and cash flow or is it going to be focused more on taxable income and potential uses of the cash aside from returning it to the shareholders?
Monty Bennett
Let me try to give you a little color, at least on how we're thinking about it as well. As you know, in our December board meeting is when we all get together and we set guidance for our coming dividend policy for the upcoming year. And last year, I think we were at $0.40 for the year and this year we're at $0.44. We're not constrained in any way by taxable income, and so we've got flexibility on the dividend, so there's kind of one marker in regards to that.
Because the amortization in our loans and because our Highland pool is a cash trap, and a couple of the others are cash trap, while the properties are performing well, a lot of our excess cash goes to pay down our existing debt. And that is materially deleveraging our silver time, which a number of our investors would like to hear.
On one hand we've got our profitability GAAP based or FFO based, which is very strong and attractive. On the other hand, cash flow is not as strong as it could be, because the money is going to pay down debt, which some people kind of account that in cash flow or not. And so those are kinds of book-ins of what we're looking at.
So there's no appetite to do anything besides keeping it or raising it. But I would imagine that if it is raised, it be a modest raise, because the board and the management team just don't want to get ahead of ourselves too much on just pure raw cash flow. So I think that's our thoughts for now.
Ryan Meliker - MLV & Co.
I guess just to pry a little bit, can you help me understand other specific metrics that the board looks at to understand where they come from, whether it's a percentage of cash available for distribution after those debt amortizations, et cetera, that they're comfortable paying out or is there something else that they're really looking at to get, so we can understand if those metric start to outperform then we might be able to see a potential for some changes?
Monty Bennett
We haven't even talked about with the board this year, so what I'm relaying to you is kind of just what I can gather from our board meetings, but not specifically related to the dividends. What they will be looking at is, total cash flow without paying down the debt and amortizing, and then FFO, and AFFO, and CAD, and on and on. I wish I could give you more color on that, but I'll just be stepping out ahead of myself. It's going to be those metrics they're going to look at and deciding what to do next year.
Ryan Meliker - MLV & Co.
And then, just the second question I had is, without providing any guidance, I know you guys hate that G-word. Can you just give us some color on if you're seeing any changes in trends over the past month or so, and heading into 4Q in 2013, that would make you want to adjust how you're operating your properties, take a more cautious approach to, whether it be revenue management or managing your other properties from staffing standpoint.
Monty Bennett
You're right. We don't give the guidance, but we will talk about the industry. And the industry still seems to be hanging in there quite well. We don't see any signs, why the industries can do anything, but continue to move up and demands continue to move up, and we all know that the net new supply is pretty modest.
So we continue to remain optimistic. The question mark that everyone has with so called fiscal cliff, and how much of the drag on GDP is going to be, and then the backup to that is how much will it effect hotel room demand, because hotel room demand has been cruising along pretty well, very well actually compared to GDP performance.
And that's just an unknown. And actually that's political decision that's got to be made sometime in the not too distant future. And there's probably a lot of people that speculate on that better than we could, but those estimates, that that drag on GDP could be anywhere from 0% to 1.5% to 3%, depending upon all different types of scenarios.
But at least right now, overall in the industry we don't see that affecting the industry. And we just don't see it yet, doesn't mean it won't. All that being said we are particularly focused on costs and especially labor. And we set our labor schedules very short term, so we can flex them and we will look at the upcoming week or few weeks or months and adjust our labor accordingly.
And so you can expect that if revenue is still softened little bit that will be very responsive. Those responsive efforts are usually done much quicker and better by our affiliate at Hamilton and the brands take longer to convince them, that they should shift gears and adjust the course. So if something like that happens I think you'll see that our inventory management portfolio can adjust and will adjust immediately. And the brands just take longer as we've got a convince them that they need to start coming back.
Ryan Meliker - MLV & Co.
And then just one quick follow-up here, and I know in 3Q business investment spend turned negative, does that concern you at all or in your end, from what you just said, it sounds like you're not seeing any indication that negative turn in business investment spend, is leading to a slowing in demand, to start the fourth quarter.
David Kimichik
We haven't seen it. The overall economic indicators are fairly mixed, and they just continue to stay mixed. And as you know, Ryan, the hotel industry is typically a lagger to overall GDP. And so whatever GDP does it shows up, a couple of quarters later in hotel demand. And so it would be natural that if that declining business then were to affect hotel demand that it wouldn't have affect it yet. And we're not seeing it.
Your next question is on line of Will Marks with JMP Securities.
Will Marks - JMP Securities
I just had a little bit of a follow-up related to no guidance but has your own view changed at all? I mean if you were giving guidance, is your outlook for the year a little bit lower than it was three months ago?
David Kimichik
We just can't comment on it. We just can't comment guidance for our own portfolio. Regarding the industry, the industry seems to be doing well. So we don't see any big changes or movements. But again, for our own portfolio, we just aren't a habit of providing guidance.
We just don't find it constructive, because we find analyst and investors and the management team become more concerned about hitting one specific number or another rather than focusing on operations and improving performance. And as you could see, lining up our performance against our peers at this quarter end, year-to-date or even historically, our team continues to post just really great numbers on it, flow-through and EBITDA growth and the like. So I wish I could answer more of that for you.
Will Marks - JMP Securities
Did you try to look at your portfolio geographically representative of the country as a whole, but with plans are hoped to outperform?
Monty Bennett
Historically, we have focused our portfolio, just trying to be fairly representative of the entire industry, so that our RevPAR performance didn't bear materially. Over the past couple of years, that has been the case as much because in it's recovery, we found that upper-upscale hotels, especially in the last year or so, has been one of the underperforming segments. And we believe that's due to the fact while transient rebounded quickly after the fall-off in '07 and '08, group is still just slow coming back. It is just slow.
And all the additional money that are spend with group, F&B add-ons, et cetera, it's slower. And so it's interesting as you see hotels because you'll find mid-scale hotels are doing very well, and luxury hotels are starting to rebound very well and there is some rebound because they're able to cut their price and steal all the groups that's out there.
And so that leased upper-upscale hotels like Marriott and Hiltons and the like which we and most of our competitors in the REIT space own, struggling a little bit more on the group side. And whenever we can get a good solid group base, like we did in DC, at a couple of hotels this quarter, then we can really knock it out of the park, because with new manage that's a transient business.
So that is our desire, and never what I would have thought that having high quality upper-upscale hotels will cause us to under perform the overall industry for the past year or two. But that has been the case and it has been the case for our competitors. If you look at the RevPAR growth for our competitors and ourselves compared to the overall industry, the public traded REITs by in large have underperformed.
Hopefully that will start to change as group demand solidifies and absorbs all the new supply addition and start to get some traction on the group side, but it's just a slow process coming.
Your next question is from the line of Robin Farley with UBS.
Robin Farley - UBS
First is your comment on DC, it seems like a quarter ago, your body language was a little bit more, I'm talking about how that might be difficult to come back over the next year or two, there was some at the office space. So I'm just wondering what the out performance in this quarter, if there were something kind of one-time that drove out. And then you mentioned your Crystal City location is better than overall DC, but your tone seems a little different than a quarter ago. So I wanted to ask about that.
Monty Bennett
My tone on DC still remains over the next year or two, and that we finally get to earn a position of very little net new supply in the DC area. And demands is going slowly grow out there deepening upon what the federal government does, with their expenditures. And we seem to be at the bottom of the office space absorption with the BRAC closing process out of Crystal City. And so we're going to be on a long trend improving out there, but it's just going to take some time.
That said, off to the side, if you have a quarter, we have a good group month, well than you can do well. And this quarter we happen to do pretty well at the Marriott Crystal City with some nice groups and at the Capital Hilton and little bit at the Melrose Hotel with some nice groups. And so it just depends upon weather you can get some good crew bases.
And the stars and moons happen to align in the third quarter for some good groups. And we will have a nice quarter going forward, if we can get that group in there. But as you without group, it's spotty. Sometimes you meet a great quarter, sometimes you can't. In stronger times we can offset that with more transient, but with the condition of DC market that's just much harder to do. So we see gradual improvement in the DC market and then in our hotels, but I think you'll see little few bounces along the way.
Robin Farley - UBS
My another question is, I was going to ask about kind of gap between the Legacy and Highland portfolio. I think you mentioned there was East Coast exposure and Hurricane Irene last year, and I guess that was kind of suggesting that Hurricane Irene had actually been a positive for you last year. So I guess in light of Hurricane Sandy, I wonder if you could comment at all on what the impact that you've seen or that you expect from that for Q4?
Monty Bennett
Regarding Sandy, it looks like our physical damage is could be under a $1 million. Now these reports are still coming in and so we can get a surprise from somewhere as the damage reports go through the managers and back to us. But we think that damage is going to be fairly modest. We're calculating the revenue loss at about $3 million. Now, that could grow a little bit, because we still have a couple of properties without power, Hyatt Long Island and our Courtyard, Basking Ridge in New Jersey.
So that could continue to rise. However, we've already offset some of that revenue loss with incremental business from people having to stay at our hotels because their homes are without power or because of construction cruise, no light coming through. And that's been a pickup so far of about $0.5 million. And we expect that to grow certainly more materially than we expect the BI to grow.
On the revenue loss I should say, we are making application with our carriers to recover this loss business. It's a very technical process about what qualifies and what doesn't, but right now we're kind of ball parking it as maybe we'll get about half of that back of the $3 million we lost in insurance reimbursements. So that's about where we are on Sandy. And it could ultimately be in that increase. We will have to see how much incremental business we can pickup.
Robin Farley - UBS
And last year was Irene an incremental positive?
David Kimichik
It was an incremental positive. And in comparison to, I mean our Highland assets that are East Coast concentrated, they have that comparison, and didn't performed as well preferably, because Irene was a net positive for us.
Robin Farley - UBS
And maybe this is obvious, is there something you're seeing with this year that would may get not in that positive or is it just that new more business travel would have been taking place in October versus August, last year? And that the kind of business that's disrupted is more valuable this year?
Monty Bennett
It's just hard to say. A lot of it is trying to estimate how many people say are without power and need to come and stay in our hotels and for how long and that's just hard to predict, right? How long does it take for people to get power backup in their homes for one storm versus another. The longer they're without power, the longer they stay with us. And also how close our hotels happen to be to areas that need to be rebuild and construction, and that just depends on what kind of construction crew. So I wish I could give you a little guidance on it, but it's just hard to say. It's just too early.
(Operator Instructions) Next question is from the line of David Loeb with Robert W. Baird
David Loeb - Robert W. Baird
Monty, I have a question about the margin growth and flow-through. You've had extraordinary results really in both portfolios, but particularly so in Highland portfolio of late. How long can that go on, and what should we expect this kind of normalized flow-through when you're done with kind of excess cost cutting?
Monty Bennett
The normalized flow-through as you know our internal target is about 50% and that's what we target and that's what we'd hope for. Revealing when we'd get to that 50% flow-through is probably little more guidance that I'm comfortable saying. But maybe one comment that we're pleasantly surprised that we've been able to continue those flow-throughs up through this date. At the outset, I would have thought that we would have wrung all out by now, but the crews continue to do well in bringing those flow-throughs out.
David Loeb - Robert W. Baird
And can you also just talk a little bit about Highland and in terms of exit strategy, both yours and your partners. What's the time horizon for Prudential and what sort of your longer term thought on that portfolio?
David Kimichik
We like the assets. There is always a few that we'd like to peel off, but generally we'd like to hold the assets for the longer term. These assets are in the funded Prudential's, that's not a long term. They hold these kinds of investments for maybe four years, five years. And so I'd expect in couple, or three years Prudential would be interested in trading out of their 20% position. They know that we'd interested in buying it. And so I imagine in a couple of years, we'll start having a dialog about that, about doing something along those lines.
David Loeb - Robert W. Baird
Do you have some pre-negotiated buy-sell terms?
David Kimichik
This will be just negotiated at the time.
And our next question is from the line of Rob LaFleur with Cantor Fitzgerald.
Rob LaFleur - Cantor Fitzgerald
Couple of question, one, did I hear you correctly that you said PKF has got their RevPAR forecast accelerating from six unchanged to eight unchanged next year?
Monty Bennett
Accelerating from 215 to 214.
Rob LaFleur - Cantor Fitzgerald
And then the second question, sort of along the lines with some of the earlier questions. When you look at your business, and are trying to gage whether that conditions are continuing with the strength, they are starting to fray a little bit at the edges. What are some of the sort of proverbial scenarios in the coal mines you look for at the asset level? What are some of the first thing that shows up when business starts to soften up, that you're on guard for right now?
Monty Bennett
The coal mine is really how the overall economy is doing, because our business lags the overall economy. And so those indicators are usually not within our portfolio as much as they are in all the public staff that are out there, GDP and the like. So again, since we're a lagger industry, we can see it coming in that direction.
As far as within our own portfolio and business, you'll see people being a little more reluctant to book group, and maybe shortening the booking window. And as far as impact on transient, many times you won't see really material impacts on those pick ups for a week or two out. So the trend is very difficult to forecast very far in advance.
Rob LaFleur - Cantor Fitzgerald
And I know you guys do a lot of the industry research. How do you sort of think about the fact that this industry is able to produce demand in excess of GDP growth, right now. Are there particulars about this economy, and where the strength is that is helping it produce more hotel demand or is this still just residuals recovering from a very deep down cycle?
David Kimichik
I think it has to do with the way this recovery has been. Overall, the unemployment rate is about 8% or even higher, depending upon how measure it but if you're a post-graduate student, the unemployment rate is 2.5%. If you're a college grad, it's 4%. If you've got a high school diploma only, it's 10% and if you have no high school diploma it's 20%. So there is a huge diversity in the unemployment rates depending upon education levels.
And so the people that travel both, on a corporate basis, and that have discretionary dollars are people that are more highly educated and have more disposable income. And so those people in this economy are really doing, okay. Its the folks that's make a lot less, and that are further down on the economic change, that are not doing so well. And that are really pulling the unemployment rate to the higher end. But those people simply don't travel. And we think that that is what's going on here.
(Operator Instructions) Please continue with any closing remarks.
Monty Bennett
Thank you for your participation today. We appreciate your continued support. And we look forward to seeing many of you at NAREIT in a couple of weeks. Thank you.
Ladies and Gentlemen, that does conclude our conference for today. If you'd like to listen to a replay of today's conference, please dial 303-590-3030 or 1800-406-7325. The access code is 4569160 followed by the pound sign. Thank you for your participation. You may now disconnect.
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Emmy Lou by Marty Links
- February 10, 2013
- From Beginning
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Comments (11) (Please sign in to comment)
This is actually really true and very funny. Also, Emmy Lou does like her ponchos, doesn't she?
I think a lot of us liked ponchos back then. As a college freshman in 1967, I wore my grandmother's wool tweed cape.
My grandma knit me a poncho that I was happy to wear in the early 70's.
The poncho got new visibility, thanks to Ugly Betty and Guadalajuara.
Why does her friend have two different shoes on?
Her shoes match my socks!
Hi! Marty's son-in-law here. Really luv the comments. Thanx so much!
We thought we'd start out with a few Emmy Lou comics from 1970 and then branch out from there. We'll definitely read all comments and try our best to take them into consideration as we move forward. btw…Marty loved ponchos especially during that era.
Also…every Monday I'll add in this comment section a fun Marty story or fact. I'll post one tomorrow, my favorite, that happened to me when having lunch with Marty and Charles "Sparky" Schultz up at Sparky's skating rink in Santa Rosa.
Correction! I spelled Schulz wrong(Schultz) in my last comment. To many Schultz's in my life I guess!!
@ofcr124 "Why does her friend have two different shoes on?"
My guess is that the shoes are the same, and that they're white sandals being worn with dark tights. Either the girl's foot has slipped so far back that we don't see the toes of her back foot, or Marty forgot to color them in! Best explanation I can think of.
Hi annieb1012!
I better be careful how I explain this Annie…I do feel Marty is still looking over her Emmy Lou! She might've missed drawing in the dark tights on the left foot. It happens. Marty always said "She was the quickest draw in the West"
So true!…. I wonder what Emmy Lou's friends name is? Also, didn't she have a dog?
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State Representative Kevin Parker and Tim Henkel join the KXLY crew to talk about Saturday's event "Cleaning from the Core," as well as "Spokane Gives Week."
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Kids React To The Walkman [VIDEO]
You may have seen videos similar to this one in the past. They put kids in a room and ask them questions either about a video or an object. All they ask them to be is honest.
This video was a little painful as the kids reacted to The Walkman.
I'll warn you ahead of time. Here are some of the phrases that might make you feel very old and hurt just a little:
- "Is this like in the movies?" (while staring at a cassette)
- "This is like…horrible."
- "This is the worst thing."
- "My grandpa has these" (when handed a pair of headphones)
- "I'm such a '90s kid but I wasn't born in the '90s."
- "What is this old-time music??"
- "You have to actually do stuff."
- "I cannot imagine living in your guys' days with these."
Subscribe to 106.5 WYRK on
If you've got kids, remember, they'll be incredibly happy to get tickets to "KidsFest"! It's coming up May 3, and there's tons of stuff to do!


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The Building and Construction sector in Uganda has been continually growing & many key players in the industry have followed suit.
Oxford General Contractors is one such key player in this industry. The company was founded by Mr Settenda Jasper Ntege, who has experience in Business Administration and Project Management within Uganda and is now based in the UK.
More Information
Chief Executive Director>……….Settenda Jasper Ntege
Company Secretary>………. Alexandria Nkonge
Marketing>……………….. Jacqueline Yaourtoglou
Administration>………………… Eria Ssempara
- Oxford General Contractors has brought together skilled professionals to assist our clients each step of the way towards making each project a reality. We work with respected professionals in the building industry in order to achieve the dreams & aspirations of our clients. One such company is Unit Consult Ltd, email for their company profile.
- Oxford General Contractors encourages the use of local labour within the locality of each project. This makes it possible to build relationships as well as help to improve the well being and standards of those living within these communities.
- Our workforce is committed to achieving the highest standards in each area of its activities. We have a working relationships with other firms and individual consultants in fields relevant to each project undertaken, building a strong network consisting of project managers, surveyors, technicians, engineers and more.


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CCCAS Fagatogo Youth community service at Hope House in Fatu-o-Aiga on Saturday March 17 — St. Patrick's Day.
The group donated a variety of things such as food and clothes for the Hope House mission.
Federal prosecutors have filed with the federal court in Oakland, Calif., its sentencing recommendation for Julie Matau, former grant administrator of the now closed U'una'i Legal Service Corporation, and her daughter Andrea Matau, the office's former legal assistant.
Last December, Julie Matau, 49, pled guilty to one count of wire fraud and Andrea Matau, 28, pled guilty to one misdemeanor count of theft of federal funds.
Gov. Togiola Tulafono will be asking the Fono to amend the $3 million loan for the LBJ Medical Center so that after the loan from the Workmen's Compensation Account is paid off by the new 2% wage tax, all revenues collected thereafter will be earmarked specifically for medicine and special supplies for the hospital.
Togiola made the revelation on his weekend radio program responding to a caller who inquired about this new wage tax, which is already being deducted from paychecks of government workers beginning with last week's payroll.
CJ Floor Jr., who recently earned a Silver Medal at the African/Oceania Qualification Tournament representing American Samoa in the sport of wrestling last week in Morocco, will be returning home on this Thursday night's flight, according to his father Carl Floor Sr.
The silver medal winner has qualified for the 2012 Summer Olympics in London, England, that will be taking place from this July 27-August 12.
The American Samoa Environmental Protection Agency is urging members of the public to report businesses who are still using the plastic shopping bags. That is the plea from AS-EPA's counsel Nathan Mease who told Samoa News the importance of enforcing the ban on plastic shopping bags to protect American Samoa's land and ocean environments.
Mease said the major issue AS-EPA is facing is that the stores are using plastic bags on weekends and after hours, when businesses know that EPA officers are off of work.
The family of Rufo Alvear Jr., who died in 2010 while in ASG custody due to his immigration status, has filed a lawsuit against the American Samoa Government for negligence and wrongful death.
The detainee, Alvear Jr, was admitted to the LBJ hospital for several months due to multiple medical problems. Alvear suffered from diabetes, and lung and kidney failure.
The lawsuit was filed with the High Court earlier this month by Mark Ude who represents the family of the detainee.
Curtis Yandall of Pago Pago is denying the charges of manslaughter and criminally negligent homicide against him in connection with the death of Darren Smith Tualaulelei on October 28, 2010.
Yandall was arraigned in High Court yesterday morning, after he waived his right to a preliminary examination hearing in the District Court Monday morning. He's out on a surety bond of $7,500 which was reduced from the initial bail of $10,000. Pre-trial conference for Yandall has been scheduled for May 25, 2012.
Hawaiian Airlines will be adding a third weekly flight on Tuesdays between Honolulu and Pago Pago during the busy summer travel months. The Honolulu-based carrier will also adjust the Sunday flight to a Monday flight in July.
The airline says the third weekly flight will operate on Tuesdays from June 5 to August 21 to "accommodate increased travel demand" between Pago Pago and Honolulu during the peak summer period.
PAGO PAGE, AS — Velleros, the leading provider of mass notification and content delivery for regional wireless carriers, has announced that Blue Sky Communications is deploying the Velleros Aggregation and Syndication Technology (VASTtm) platform in compliance with the Federal Communications Commission's (FCC) initiative for providing alert delivery.
The American Samoa Community College (ASCC) University Center for Excellence on Developmental Disabilities (UCEDD) is promoting and supporting the Developmental Disabilities Awareness Month, which is in March," said the Community Trainer for the UCEDD, Paulia Pao-Pelenato.
Tonight (Saturday NZ time), undefeated Samoan prospect Vaitele Soi will...
Tourism is a multi-million-dollar global industry and in independent...


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Off Topic Forums > Off Topic Forum
Spencer proposes to Dustin at Home Depot in SLC
<< < (2/4) > >>
I watched this yesterday on FB and loved it, even made me a wee bit teary.ArohaJan :-*
Loved it! I am impressed he was able to get right into the choreography on the beat of the music, without looking back to see where the others were in the routine. I would think the nerves would have made me forget where everyone was in the choreography. I assume they love Home Depot. Or, Homo Depot, as it is known. We spend so much time there and Lowes, that I guess it would be an appropriate place for us.I liked that one proposal, where the guy has their family and friends holding iPads with words on the screens, and they "pass" the IPad off to another family member or friend, who are located at various places. I can't find the video. Anyone know the name of it? I searched gay proposals, but didn't see it. However, Rep Aaron Schock kept coming up.
Very sweet!
Here's another proposal. A bit more wild to say the least. Wonder how they described the dress code? Only wish they had a microphone to hear the proposal.http://www.youtube.com/watch?v=w74pKOtGXCY
In my previous reply, I asked about another proposal video. I just remembered I posted it here a while back. Duh. Still can't find it on YouTube though. But, it's here.http://www.advocate.com/politics/marriage-equality/wedding-channel/2013/04/19/watch-man-proposes-his-boyfriend-creative
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