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Aqua Hotels to Manage the Former Mauka Tower in Waikiki; 72 room Hotel Renamed Ocean Tower Hotel at Waikiki Beach / January 2006
January 30, 2006
Hotel Online Special Report Aqua Hotels to Manage the Former Mauka Tower in Waikiki; 72 room Hotel Renamed Ocean Tower Hotel at Waikiki Beach HONOLULU, Hawaii - January 16, 2006 - Mike Paulin, owner and CEO of Aqua Hotels & Resorts, announced today that Aqua has signed a contract to manage the former "Mauka Tower" of the ResortQuest Waikiki Beach Hotel. The property was recently purchased by Z Tower, LLC - a Hawaii-based investment group affiliated with real estate ventures in California, Nevada and Arizona. The property is scheduled for complete renovation with the intent to transform it into a c...
Marshall Management Signs Five Management Contracts in the 2005 Fourth Quarter / January 2006
January 30, 2006
Hotel Online Special Report Marshall Management Signs Five Management Contracts in the 2005 Fourth Quarter SALISBURY, Md., January 4, 2006Marshall Management, a leading, mid-sized hotel management company, today announced that it signed five new management contracts in the 2005 fourth quarter. Three of the five properties are located in North Carolina and two are in Florida. We had a very active year in 2005, a trend we see continuing into 2006, said Michael Marshall, president. We continue to aggressively pursue new management opportunities with owners who want operators who can maximize returns and enh...
Ashford Hospitality Trust Acquiring the 225- room Marriott at Research Triangle Park in Durham, NC for $28.0 million / January 2006
January 30, 2006
Hotel Online Special Report Ashford Hospitality Trust Acquiring the 225- room Marriott at Research Triangle Park in Durham, NC for $28.0 million Acquisition Highlights: Acquired at a trailing pro-forma twelve-month cap rate of 8.2%, EBITDA multiple of 10.0x, and EBITDA yield of 10.0% using a 5% FF&E Reserve Strong brand, excellent location near Research Triangle Park and expected post-renovation rate and operating margin gains make for compelling investment Ashford's direct hotel portfolio to increase to 79 assets totaling 13,220 rooms DALLAS, Jan. 26, 2006 - Ashford Hospitality Trust, Inc. (NYSE: AHT) announ...
Marriott Planning a Revolutionary Transformation of Lobbies and Public Space With the Great Room Concept; The Welcome Zone, the Individual Zone, the S
January 30, 2006
Hotel Online Special Report Marriott Planning a Revolutionary Transformation of Lobbies and Public Space With the Great Room Concept; . The Welcome Zone, the Individual Zone, the Social Zone, and the Business Zone WASHINGTON, Jan. 12, 2006 - Marriott International, Inc. (NYSE: MAR) today announced plans for its great room concept -- a revolutionary transformation of public space in its Marriott Hotels & Resorts and Renaissance Hotels & Resorts. The new concept is designed specifically for the 24/7 work patterns of business travelers today, who smoothly transition and mix work, relaxation, socializing and p...
The Fort Lauderdale Marina Marriott Hotel Cancels Room Blocks Amid Sale Speculation / January 2006
January 30, 2006
Hotel Online News for the Hospitality Executive By Tom Stieghorst, South Florida Sun-Sentinel Knight Ridder/Tribune Business News Jan. 18, 2006 - The Fort Lauderdale Marina Marriott Hotel has cancelled room blocks for 16 major business meetings through November amid speculation that the hotel is close to being sold. The 579-room hotel was severely damaged during Hurricane Wilma and nearly half of its rooms are not in use. Located across the 17th Street Causeway from the Broward County Convention Center, the Marriott hosts part of nearly every sizeable convention grou...
Holiday Inn in Marietta, Ga. Temporarily Closes Following Fatal Fire; Fire Spread Quickly Because the 30 Year Old Hotel Did Not Have Sprinklers / Janu
January 30, 2006
Hotel Online News for the Hospitality Executive By Don Plummer, The Atlanta Journal-Constitution Knight Ridder/Tribune Business News January 17, 2006 - A weekend hotel fire in Marietta that left one person dead and 20 injured spread quickly because the hotel, which is more than 30 years old, did not have sprinklers, fire officials said. Marietta fire Chief Jackie Gibbs on Monday called the 3 a.m. Sunday blaze one of the worst hotel fires in the city's history. "We've had hotel fires, but we've never had one this large," said Gibbs, who has been with the department 28 years. A sprinkler system would have ke...
The 394-room Orlando North Hotel, Maitland, Florida Will Re-open Under Sheraton Flag Following Extensive Renovation / January 2006
January 30, 2006
Hotel Online Special Report The 394-room Orlando North Hotel, Maitland, Florida Will Re-open Under Sheraton Flag Following Extensive Renovation WHITE PLAINS, NY - January 19, 2006 Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announces a luxurious new hotel rising in the Maitland Center that will be flagged as a Sheraton, the upscale and most global brand of Starwood under a long-term license agreement. Formerly an independent hotel, the completely renovated Sheraton Orlando North is slated to open summer '06 and promises to be North Orlando's premier, upscale conference and lodging facility. ...
Renzo Macchiavello Named Executive Chef for Hotel Huntington Beach in Huntington Beach, California / January 2006
January 30, 2006
Hotel Online Special Report Renzo Macchiavello Named Executive Chef for Hotel Huntington Beach in Huntington Beach, California HUNTINGTON BEACH, CA, January 26, 2006 Hotel Huntington Beach, operated by Broughton Hospitality Group of Southern California, has enlisted the expertise of Executive Chef Renzo Macchiavello to take the reins in the kitchen and bring his Peruvian faire to the table. Macchiavello intends to enhance the guest and local communitys experience with dishes that are lighter, feature fresh ingredients and appeal to the adventurous palate of todays diner. Macchiavello, formerly of the P...
The Scottsdale Plaza Resort Promotes Michael Teed to President / January 2006
January 30, 2006
Hotel Online Special Report The Scottsdale Plaza Resort Promotes Michael Teed to President Scottsdale, AZ - John W. Dawson, Chairman and CEO of The Scottsdale Plaza Resort and The Dawson Companies, Ltd., has announced the promotion of Michael Teed to President. Teed, formerly Senior Vice President, Sales for The Plaza, has developed long-term associations with a variety of companies who continually choose The Scottsdale Plaza Resort as their meeting destination. Under Teed's direction, the resort has seen continued growth. His ability to provide clients with an excepti...
Two Professors at Michigan State University's School of Hospitality Business Identify Seven Dimensions of a Consumer Experience / January 2006
January 30, 2006
Hotel Online Special Report Two Professors at Michigan State University's School of Hospitality Business Identify Seven Dimensions of a Consumer Experience EAST LANSING, Mich. Two professors at Michigan State University and Publicom Inc., a services marketing consultancy, partnered in a landmark study about the customer experience. Study results identified the seven important dimensions of a consumer experience that can be used as an effective management tool for business. Its a universally recognized truth that you cant manage what you cant measure, said Bonnie J. Knutson, Ph.D., one of the stu...
Mark Murphy Appointed General Manager of The Hotel Telluride Condominium in Colorado / January 2006
January 30, 2006
Hotel Online Special Report Mark Murphy Appointed General Manager of The Hotel Telluride Condominium in Colorado TELLURIDE, Colo. - Premier Resorts has announced the appointment of Mark Murphy as General Manager of The Hotel Telluride Condominium in Colorado. Murphy takes over the post following the departure of Tammy Burden. The announcement was made by Barbara Zimonja, president of Premier Resorts, the Park City, Utah-based company that manages the 59-room property. Murphy was previously the Rooms Director with The Peaks Resort and Golden Door Spa in Telluride. He has prior general manager experien...
Molinaro Koger Announces Record $2.2 Billion in Hotel Transactions in 2005 / January 2006
January 30, 2006
Hotel Online Special Report Molinaro Koger Announces Record $2.2 Billion in Hotel Transactions in 2005 Los Angeles, California January 24, 2006 Molinaro Koger (MK) announced today at the Americas Lodging Investment Summit that MK closed on a record $2.2 billion in hotel transactions and funding in 2005. According to Robert T. Koger, President of the firm, 2005 is the most active transactional year in the companys 47-year history. This active year is a sign that the hotel industry is very healthy, said Mr. Koger. The past year was outstanding for the industry and associated real estate investment. Pri...
Results for Hotel Chains per Category, in France in 2005/ January 2006
January 30, 2006
Hotel Online Special Report Results for Hotel Chains per Category, in France in 2005 January 9, 2006 - In accordance with the forecasts of MKG, the rise of RevPar for French hotels exceeds 3% in 2005 RevPAR in rise of 3,1% over the year 2005, drawn by a progression from the average prices of 2,3% Occupancy rates in light increase (+0,5 point over the year 2005) The economic and 4* categories post the best performances After a delicate year in 2003 for the French hotel industry, the engaged renewal of activity in 2004 is confirmed in 2005: all categories included, at a constant sample, the RevPAR records an i...
Cincinnati Office of Molinaro Koger Sells Holiday Inn Cincinnati North / February 2006
January 30, 2006
Hotel Online Special Report Cincinnati Office of Molinaro Koger Sells Holiday Inn Cincinnati North Cincinnati, Ohio February 8, 2006 Molinaro Koger announced today that they acted as advisor to Sharonville Hotel Corporation in the sale of the Cincinnati Holiday Inn North to Hauck Hospitality, LLC, for an undisclosed price. Terry OBrien, Managing Director of Molinaro Kogers Cincinnati office, structured the transaction for Sharonville Hotel Corp. The hotel will remain a Holiday Inn and Columbus Hospitality will manage the hotel. This was a great opportunity to acquire a well-located, quality asset at well ...
MGM Grand Macau Secures $700 million in Project Financing; Total Cost Budgeted at USD $1.06 billion / January 2006
January 30, 2006
Hotel Online Special Report MGM Grand Macau Secures $700 million in Project Financing; Total Cost Budgeted at USD $1.06 billion LAS VEGAS, Jan. 9, 2006 - MGM Grand Macau, a hotel-casino resort currently under construction in Macau S.A.R., today announced significant enhancements to the project and that it has secured $700 million in project financing from a consortium of leading financial institutions. MGM Grand Macau is 50/50 owned and will be jointly operated by MGM MIRAGE (NYSE: MGM) and Pansy Ho Chiu-king. The enhancements to the project include a premier entertainment venue and an iconi...
Mandarin Oriental Edges Out Ritz-Carlton and Four Seasons as Brand that Delivers Best Customer Experience / Luxury Institute Survey / January 2006
January 30, 2006
Hotel Online Special Report Mandarin Oriental Edges Out Ritz-Carlton and Four Seasons as Brand that Delivers Best Customer Experience Luxury Institute Survey NEW YORK - Jan. 18, 2006 -- A new Luxury Customer Experience Index survey (LCEI), from New York-based Luxury Institute, finds the Mandarin Oriental earning top honors as the luxury hotel brand that delivers "the best customer experience" as rated by their own wealthy customers. Ritz-Carlton and Four Seasons tied for second; St. Regis was a close third. Wealthy customers rated 11 leading Luxury Hotels based on their individual experiences. These inc...
Luxe Worldwide Hotels Adds the Seneca and Belden-Stratford / January 2006
January 30, 2006
Hotel Online Special Report Luxe Worldwide Hotels Adds the Seneca and Belden-Stratford Los Angeles, CA, January 16, 2006 - Luxe Worldwide Hotels ( www.luxehotels.com ), a leading provider of marketing services within the hospitality industry, proudly announces the addition of the Seneca (http://www.senecahotel.com/) and Belden-Stratford (http://www.beldenstratfordhotel.com/) to its international network of acclaimed resorts. Both hotels are in highly popular sections of Chicago, with the Seneca just a block away from the famed Magnificent Mile and the Belden-Stratford across from the Conservatory and Lincoln Park Zoo. "Th...
January 30, 2006
Hotel Online Special Report The 53rd International Congress of Les Clefs dOr Concierges Set for Washington DC January 10-15, 2006; Features Top Government and Hospitality Leaders WASHINGTON DC, JANUARY 10-15, 2006: Global challenges in delivering service, trends in hospitality markets worldwide and the future of the concierge profession will be featured at the 53rd annual International Congress of Les Clefs d Or Concierges, Jan. 10-15, 2006 in Washington DC at the Capital Hilton Hotel. Held for only the second time in the United States, over 400 concierges , representing the top three percent of the overall con...
Top 5 New Years Resolutions For Marketing My Hotel; Leading travel content-management and -distribution companies Leonardo and ICE Portal advise on m
January 30, 2006
Hotel Online Special Report Top 5 New Years Resolutions For Marketing My Hotel; . Leading travel content-management and -distribution companies Leonardo and ICE Portal advise on making the Internet your best marketing tool in 2006 By David Elton and Henry Woodman, January 2006 According to industry indices, worldwide electronic hotel revenue from the global-distribution systems and key internet sites continues to climb. Electronic room nights, average daily rates and length of stays are higher month over month in 2005 compared to 2004. Theres no indication that the trend will shift and that e-distribution and ...
LaSalle Hotel Properties Acquiring the Le Parc Suite Hotel in West Hollywood, California, for $47.0 million / January 2006
January 30, 2006
Hotel Online Special Report LaSalle Hotel Properties Acquiring the Le Parc Suite Hotel in West Hollywood, California, for $47.0 million BETHESDA, Md. - Jan. 10, 2006 -- LaSalle Hotel Properties (NYSE:LHO) today announced it has signed an agreement to acquire the Le Parc Suite Hotel in West Hollywood, California, for $47.0 million. The independent upscale hotel features 154 spacious suites and is located at 733 North West Knoll Drive in a serene and quiet neighborhood in the heart of West Hollywood, near Melrose Avenue and La Cienega Boulevard, just minutes from Sunset and Santa Monica Boulevards. The transaction is e...
Westin Hotel to Be the Centerpiece of Le Paradis, St. Lucia's New Luxury Development / January 2006
January 30, 2006
Hotel Online Special Report Westin Hotel to Be the Centerpiece of Le Paradis, St. Lucia's New Luxury Development PRASLIN BAY, St. Lucia, Jan. 23, 2006 - Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) and DCG Properties, Ltd., announce plans for a major Westin hotel as the centerpiece of Le Paradis, a new luxury development on the idyllic Caribbean island of St. Lucia. This luxury condominium resort will feature 232 guest rooms, as well as an 18-hole Greg Norman-designed golf course managed by Troon, an international spa with 26 treatment rooms. Future construction includes a 40-slip marina, marina village, fiv...
The Valencia Group Takes Over Management of the Lancaster Hotel in Downtown Houston / January 2006
January 30, 2006
Hotel Online News for the Hospitality Executive By David Kaplan, Houston Chronicle Knight Ridder/Tribune Business News Jan. 3, 2005 - The moment the new year arrived, the Lancaster Hotel found itself under new management. The historic boutique hotel in downtown's Theater District is now operated by Houston-based Valencia Group, a company that also runs Hotel Valencia Riverwalk in San Antonio and Hotel Valencia Santana Row in San Jose, Calif. Valencia also has plans to operate a hotel in Telluride, Colo. The Lancaster will keep its name and culture while getting an upgrade, sa...
Shrinking Labor Force is Top Challenge for Global Hospitality, Tourism & Service Industries / Jeff Coy / January 2006
January 30, 2006
Hotel Online Special Report Shrinking Labor Force is Top Challenge for Global Hospitality, Tourism & Service Industries ISHC Top 10 Issues 2006 . By Jeff Coy, ISHC January 3, 2006 --- A shrinking labor force is the number one challenge facing the global hospitality industry, according to the International Society of Hospitality Consultants, which recently convened to brainstorm world issues and rank them according to importance. Many of us, whether employer, employee or consumer, are beginning to feel the effects of a shrinking labor force in the service industries, but few of us understand the causes of a smaller ...
Las Vegas' Travel Industry Is Growing Faster than its Airport and Roadways Can Handle; Ended 2005 with Approximately 134,200 Hotel Rooms, Up fr
January 30, 2006
Hotel Online News for the Hospitality Executive By Chris Jones, Las Vegas Review-Journal Knight Ridder/Tribune Business News Jan. 18, 2006 - Las Vegas' travel industry is growing faster than its airports and roadways can handle. And like it or not, widespread traffic jams and frequent backups at McCarran International could become increasingly common if the city's recent success continues. Rossi Ralenkotter, president of the Las Vegas Convention and Visitors Authority, and Clark County Aviation Director Randall Walker on Tuesday shared their vision of the future with ...
