Aviator Hotel Prepares for 2012 Summer Games

BJT Waypoints
The Aviator Hotel at Farnborough Airport
The Aviator Hotel at Farnborough Airport
Friday, February 24, 2012 - 12:45pm

Farnborough Airport-based Aviator Hotel is preparing to welcome guests for the London Olympics (July 27-August 12). Because it works in partnership with the airport, says the TAG-owned Aviator, it can provide a complete “accommodation solution” for crew and visitors by coordinating requests, aircraft handling and flight schedules. Central London is a 35-minute train ride from Farnborough. Some vacancies are still available.

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““CEOs go to their vacation homes just after companies report favorable news, and CEOs return to headquarters right before subsequent news is released. More good news is released when CEOs are back at work, and CEOs appear not to leave headquarters at all if a firm has adverse news to disclose. When CEOs are away from the office, stock prices behave quietly with sharply lower volatility. Volatility increases immediately when CEOs return to work.” —David Yermack, a New York University finance professor, whose recently released study shows a correlation between when CEOs take their private jets on vacation and movements in their companies’ stock price ”

-David Yermack