Business English Lesson – Advanced Level''''s archiveThe Hospitality Industry docx

According to Michael Stoler, an influx of capital into the New York real estate market is .... the hotel market.. "The availability of funds both on the debt and equity sides from the ..

Business English Lesson – Advanced Level's archive

The Hospitality Industry

1 According to Michael Stoler, an influx of capital into the

New York real estate market is the hotel market

dogging

driving

hounding

riding

2 "The availability of funds both on the debt and equity

sides from the of lending institutions and opportunity

funds for hotel projects in the Big Apple is plentiful," the

principal of Eastern Consolidated, Alan Miller, said

peccadillo

penchant

pleonasm

plethora

3 Numerous groups are seeking to be part of the

tremendous wave of hospitality demand we are

experiencing, from the construction of ground- hotels

or the conversion of existing buildings to the repositioning

of certain hotel assets

floor

out

up

zero

4 The market is in capital chasing hotels

aboard

ashore

awash

away

5 With the strong need for more rooms in Manhattan,

with the fact that there are no longer any

undesirable' neighborhoods, the entire island south of

125th Street from river to river represents a good hotel

site

complete

complicated

conducive

coupled

6 Highgate Holdings is planning to convert the Chinatown

Holiday Inn at 138 Lafayette St into a hotel

bazaar

bistro

boutique

buvette

7 "The of hotels is probably at an all-time high,

which might lead to increased competitiveness and price

wars," Mr Hennessey said

deadline

lifeline

pipeline

timeline

8 It will likely hurt those hotels that have benefited from

the of Manhattan's demand

compression

expression

impression

repression

9 The greater risk is that the city's economy , and

what many of the newly minted hoteliers don't realize is

that a small drop in revenue can cause a huge drop in

profitability

falters

festers

filters

flickers

10 When the slowdown eventually comes, a reverse

effect is expected whereby the properties living off

of the Manhattan-displaced demand, particularly those

without adjacent commercial development, will feel the

downturn first

rattle

ripple

waffle

wobble