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Hilton Hotels Corp. 4th Quarter Profit Up 62%; Strong Demand Brings Double-digit RevPAR Growth in All Major Markets / Hotel Operating Statistics / Ja
January 30, 2006
Hotel Online Special Report Hilton Hotels Corp. 4th Quarter Profit Up 62%; Strong Demand Brings Double-digit RevPAR Growth in All Major Markets . Hotel Operating Statistics BEVERLY HILLS, Calif - Jan. 31, 2006 -- Hilton Hotels Corporation (NYSE:HLT) today reported financial results for the fourth quarter and fiscal year ended December 31, 2005. Fourth quarter highlights: Reported diluted EPS of $.26 versus $.16 in 2004 period, an increase of 63 percent; recurring EPS $.22 versus $.17 in 2004 period, an increase of 29 percent. Comparable owned hotel RevPAR up 13.5 percent; double-digit RevPAR ...
HFTP to Underwrite Guestroom 2010 at HITEC 2006, a Guestroom Prototype with the Latest and Near-future Technologies for the Modern Hotel Room / Januar
January 30, 2006
Hotel Online Special Report HFTP to Underwrite Guestroom 2010 at HITEC 2006, a Guestroom Prototype with the Latest and Near-future Technologies for the Modern Hotel Room January 20; AUSTIN, TX -- In recent years, the guestroom experience has changed dramatically as hotel companies progressively incorporate modern technology to provide comforts and conveniences for their guests. The confluence of many of these ideas is the Hospitality Industry Technology Exposition and Conference (HITEC), where industry professionals gather annually for a four-day education conference and an over 300-company exhibition. To...
HEI Hospitality Wraps Up $1.5 Billion, Three-Year Hotel Acquisition Program; Adds Four Senior Execs to Support Acquisition and Development Activity /
January 30, 2006
Hotel Online Special Report HEI Hospitality Wraps Up $1.5 Billion, Three-Year Hotel Acquisition Program; Adds Four Senior Execs to Support Acquisition and Development Activity NORWALK, Conn., January 23, 2006 HEI Hospitality, a rapidly growing hospitality investment and operating company, today announced that it has completed hotel acquisitions valued at approximately $1.5 billion over the past three years and is positioned to invest up to an additional $1.5 billion over the coming three years. To facilitate its planned growth, the company is building significant depth into its acquisition and operation teams, as ...
Bjorn Gullaksen and Nancy Johnson Assume New Executive Vice President Roles at Carlson Hotels / January 2006...
January 30, 2006
Hotel Online Special Report Bjorn Gullaksen and Nancy Johnson Assume New Executive Vice President Roles at Carlson Hotels MINNEAPOLIS (Jan. 20, 2006) ---- Carlson Hotels Worldwide today announced two key appointments in its senior leadership team. Bjørn Gullaksen, formerly executive vice president of Full Service Hotels, has been named executive vice president of Managed Hotels & Resorts. Also, Nancy Johnson, who served as executive vice president of Select Service Hotels, was named executive vice president of Full Service Hotels. Both Gullaksen and Johnson directly report to Yvonne La Penotiere, president o...
The Grand Emperor Hotel Enters Macau's Gaming Industry / January 2006...
January 30, 2006
Hotel Online Special Report The Grand Emperor Hotel Enters Macau's Gaming Industry HONG KONG, Jan. 5, 2006 - Emperor Entertainment Hotel Limited (the "Group") (HKSE Code: 296) announced that its flagship project, the Grand Emperor Hotel in Macau, has commenced business today. Officiating guests who attended the opening ceremony included international star, Dr. Jackie Chan, well-known comedian, Mr. Michael Hui and popular idol, Mr. Louis Koo. On the first day of operation, the casino of the hotel has achieved an impressive customer flow of approximately 20,000 people. Ms. Vanessa Fan, E...
Gordon Companies Opens Hampton Inn in Bennington Vermont / January 2006...
January 30, 2006
Hotel Online Special Report Gordon Companies Opens Hampton Inn in Bennington Vermont Albany NY (January 6, 2006) The 80-room Hampton Inn Bennington, owned by a family partnership which includes the Albany-based Gordon Companies, opened at 51 Hannaford Square in Bennington Vermont. The new Hampton Inn Bennington is the first new hotel in the city in five years and is the first-ever unit of a nationally-franchised mid-scale hotel. Hampton Inn is part of the Hilton Hotel family. The Bennington hotel will be managed by Ocean Hospitalities, Ltd. The Gordon Companies also recently broke ground for a 96-room Lak...
Benchmark Hospitality Assumes Management of Landmark Glen Cove Mansion & Conference Center in Glen Cove, Long Island, New York / January 2006...
January 30, 2006
Hotel Online Special Report Benchmark Hospitality Assumes Management of Landmark Glen Cove Mansion & Conference Center in Glen Cove, Long Island, New York The Woodlands (Houston), Texas, January 5, 2006 - Benchmark Hospitality International, which manages 30 award-winning resorts, conference centers and hotels in the United States and Japan, announced today the addition to its management portfolio of the landmark Glen Cove Mansion & Conference Center, located in Glen Cove, Long Island, New York. "The Glen Cove Mansion & Conference Center is a remarkable property with a long tradition of hospitality to New ...
San Diego city and Convention Center Officials Say the Proposed Gaylord Hotel and Convention Facility in Chula Vista May Siphon Business from the Sa
January 30, 2006
Hotel Online News for the Hospitality Executive By Jennifer Davies, The San Diego Union-Tribune Knight Ridder/Tribune Business News Jan. 31, 2006 - A proposed hotel and meeting facility on the Chula Vista waterfront would siphon business from the San Diego Convention Center and its nearby hotels, resulting in lower hotel tax revenue for the city of San Diego, says a report by PricewaterhouseCoopers. The analysis, which the San Diego Convention Center Corp. commissioned, found that the proposed Gaylord Hotel could result in the loss of six to 11 events annually. Those events...
Debra Williams Named Director of Sales and Marketing and Jana Howser as Sales Manager at the Garrett Creek Ranch Conference Center, of Paradise, Texas
January 30, 2006
Hotel Online Special Report Debra Williams Named Director of Sales and Marketing and Jana Howser as Sales Manager at the Garrett Creek Ranch Conference Center, of Paradise, Texas JANUARY 3, 2006 - Paradise, Tx: The Garrett Creek Ranch Conference Center, of Paradise, Texas, is please to announce the hiring of Debra Williams as Director of Sales and Marketing and Jana Howser as Sales Manager. Williams, a business major at the University of Kansas, comes to Garrett Creek Ranch, after serving as a sales representative for Colgate Palmolive, in New York, and the recent sale of her own Dallas-based restaurant, Bens Halfyard ...
Rocco Forte Hotels Appoints Georg Plesser as General Manager of Villa Kennedy in Frankfurt / January 2006...
January 30, 2006
Hotel Online Special Report Rocco Forte Hotels Appoints Georg Plesser as General Manager of Villa Kennedy in Frankfurt 24 January 2006 - Rocco Forte Hotels is delighted to announce the appointment of Georg Plesser as General Manager of Villa Kennedy in Frankfurt, effective immediately. Villa Kennedy, due to open on 1 March 2006, is one of three German properties that Rocco Forte Hotels is currently developing, making it the countrys market leader with regard to luxury hotels. A German national, Georg Plesser has spent his entire working life in the hotel industry. Most recently, he was General Manager of Ermita...
Gail Harding Named Assistant Director of Marketing for ResortQuest Hawaii Portfolio of 28 Properties / January 2006...
January 30, 2006
Hotel Online Special Report Gail Harding Named Assistant Director of Marketing for ResortQuest Hawaii Portfolio of 28 Properties HONOLULU - ResortQuest Hawaii, formerly Aston Hotels & Resorts, has named Gail Harding assistant director of marketing. Harding will manage the execution of marketing activities for the company's 28 properties on the Islands of Oahu, Maui, Kauai, and Hawaii. She will also supervise ResortQuest Hawaii's advertising, public relations, programs, and promotions staff, and oversee the marketing communication account integration of the company's advertising and public relations firm...
The 517 room Radisson Plaza in Downtown Ft Worth Planning a $10.5 million Renovation, Brand Change to Hilton / January 2006...
January 30, 2006
Hotel Online News for the Hospitality Executive By Barry Shlachter, Maria Perotin and Jim Fuquay, Fort Worth Star-Telegram, Texas Knight Ridder/Tribune Business News Jan. 16, 2006 - Remington Hotel Corp. in Dallas, the management company of the Radisson Plaza Hotel at 815 S. Main St., said it plans to announce this week changes it will be making to the historic hotel, and word on the street is that the property will be take on the Hilton name. The Fort Worth Chamber of Commerce is reporting in an e-mail newsletter to members that Stan Kennedy, vice president and general manager at t...
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January 30, 2006
Hotel Online Special Report . fresh ideas for hospitality The Pineapple has been a symbol of hospitality for centuries. According to legend, captains of New England would mount a pineapple on their fence posts when they had a safe return from sea. This served as an invitation for family and friends to visit and share a meal together. Today, the pineapple serves as a symbol for the highest quality in hospitality . . Fresh Air: The New Hospitality Amenity - Pineapple Hospitality Launches FreshStay, an Online Directory of Hotels Offering Better Indoor Air Quality FreshStay's Ratings System: 2...
Four Seasons Hotels and Resorts Finalize Cotai Strip Management Deal; Also Signs Agreements for Hotels in Barbados, Shanghai and Taipei / January 2006
January 30, 2006
Hotel Online Special Report Four Seasons Hotels and Resorts Finalize Cotai Strip Management Deal; Also Signs Agreements for Hotels in Barbados, Shanghai and Taipei LAS VEGAS, Jan. 18, 2006 - Las Vegas Sands Corp. (NYSE: LVS) and Four Seasons Hotels and Resorts (TSX: FSH.SV - News; NYSE: FS) announced today that the two companies have reached an agreement in which Four Seasons Hotel and Resorts will manage a 400-room hotel being built by Las Vegas Sands Corp. on the Cotai Strip in the People's Republic of China Special Administrative Region of Macao. Four Seasons will manage the Hotel and the serviced vacation suites, w...
First Hospitality Group, Inc. Assumes Management of the Radisson Hotel & Conference Center in Pleasant Prairie, WI / January 2006...
January 30, 2006
Hotel Online Special Report First Hospitality Group, Inc. Assumes Management of the Radisson Hotel & Conference Center in Pleasant Prairie, WI Rosemont, IL, January 4, 2006 First Hospitality Group, Inc. is pleased to announce that they have secured an equity position in the Radisson Hotel & Conference Center in Pleasant Prairie and in addition, have assumed management of the hotel as of December 19, 2005. The Radisson Hotel & Conference Center in Pleasant Prairie offers guests quality accommodations and conference facilities with features such as complimentary high-speed internet access, heated indoor swimming poo...
John Ferchill of The Ferchill Group Leading the $89 million Redevelopment to Resurrect the Historic Bedford Springs Hotel / January 2006...
January 30, 2006
Hotel Online Special Report John Ferchill of The Ferchill Group Leading the $89 million Redevelopment to Resurrect the Historic Bedford Springs Hotel January 12, 2006 - The Ferchill Group, Cleveland, OH, and development partner The Bedford Springs Company, LLC, Dallas, TX, announced that they have secured and closed $88.5 million in funding for the redevelopment of The Bedford Springs Hotel, located in Bedford, PA. The Bedford Springs Hotel was constructed over time between 1804 and 1930, and became renowned throughout the 1800s for its seven mineral springs. During that time, such notable figures as A...
Fairmont to Take Equity Interest in the Wight Group's Hotel and Condo Development in the Turks & Caicos / January 2006...
January 30, 2006
Hotel Online Special Report Fairmont to Take Equity Interest in the Wight Group's Hotel and Condo Development in the Turks & Caicos TORONTO, Jan. 3, 2006 - Fairmont Hotels & Resorts Inc. ("Fairmont" or the "Company") (TSX/NYSE: FHR) today announced that it has entered into an agreement with The Wight Group to manage a mixed-use luxury development on the west coast of North Caicos in the Turks & Caicos Islands. The project will be comprised of a 150-room resort, a 150-room condo hotel, several Fairmont branded residential developments including Fairmont Heritage Place, a Willow Stream spa and a championship...
Fairmont Announces Agreement To Be Acquired By Kingdom Hotels And Colony Capital; Fairmont and Raffles to Combine, Creating a US$5.5 Billion Global Lu
January 30, 2006
Hotel Online Special Report Fairmont Announces Agreement To Be Acquired By Kingdom Hotels And Colony Capital; Fairmont and Raffles to Combine, Creating a US$5.5 Billion Global Luxury Hotel Leader TORONTO, Jan. 30, 2006 - Fairmont Hotels & Resorts Inc. ("Fairmont" or the "Company") (TSX/NYSE: FHR) today announced that it has entered into an Acquisition Agreement whereby a Canadian company owned by Kingdom Hotels International ("Kingdom") and Colony Capital ("Colony") will acquire all of Fairmont's outstanding common shares at a price of US$45.00 per share in cash. The total value of this transaction, including debt and ...
Francis Purvey Named Director of Sales and Marketing for Both Radisson Aruba Resort & Casino and Radisson St. Martin Resort & Spa / January 2006...
January 30, 2006
Hotel Online Special Report Francis Purvey Named Director of Sales and Marketing for Both Radisson Aruba Resort & Casino and Radisson St. Martin Resort & Spa ARUBA, January 4, 2005 Carlson Managed Hotels & Resorts has announced the appointment of Francis Purvey as director of sales and marketing for both Radisson Aruba Resort & Casino and Radisson St. Martin Resort & Spa, slated to open December 2006. In this position, he is responsible for all domestic and international sales and marketing initiatives for the resorts, supervising a staff of 11 in Fort Lauderdale, Fla., Aruba and St. Martin who promo...
RevPAR and Average Rate Rankings for Top European Cities / January 2006...
January 30, 2006
Hotel Online Special Report RevPAR and Average Rate Rankings for Top European Cities UK hotels boast double the growth rate to that of Europe Scandinavia outperforms rest of Europe in RevPAR stakes Weekend occupancy vital to hotel business models says KPMG Revenue per Available Room UK hotels achieved growth levels in RevPAR (Revenue per Available Room) almost two and half times greater than the whole of Europe according to new data from research marketing information company The Bench and professional services firm KPMG. The UK recorded a 5.5 per cent growth in RevPAR in 2005 compared to 2.2 p...
Encore Enterprises and its Management Company, Pineapple Management Services, Survived 2 Hurricanes, Lost their Corporate Offices and Acquired 15 Hote
January 30, 2006
Hotel Online Special Report Encore Enterprises and its Management Company, Pineapple Management Services, Survived 2 Hurricanes, Lost their Corporate Offices and Acquired 15 Hotels in 2005 Gulfport, MS January 3, 2005 - It has been a very busy year for Encore Enterprises and its management company, Pineapple Management Services. On January 1, 2005 Encore Enterprises owned and operated 19 hotels comprising 1,510 rooms in eight states. By December 31, 2005 Encore Enterprises had teamed up with institutional partner, Five Arrows Realty, Securities IV L.P., survived 2 Hurricanes, lost their Corporate Offi...
Fire Damage to Windsor Hospitality Group's Embassy Suites Lompoc Was Minimal, There is No Reason to Believe it Was Arson / January 2006...
January 30, 2006
Hotel Online Special Report Fire Damage to Windsor Hospitality Group's Embassy Suites Lompoc Was Minimal, There is No Reason to Believe it Was Arson LOMPOC, Calif., Jan. 10, 2006 - General Manager Toby Simmons is remarkably calm considering the arson buzz about the fire at the Embassy Suites Lompoc. "Everyone has blown this completely out of proportion," he says matter-of-factly. This Windsor Hospitality Group property's renovations are in progress, but the hotel is still in tact and fully operational. Late Sunday night the renovation team was at the property, unloading a number of new chai...
Great Opportunity for Independent Hotels – Cash-in on Electronic Sales / Neil Salerno / January 2006...
January 30, 2006
Hotel Online Special Report Great Opportunity for Independent Hotels - Cash-in on Electronic Sales By: Neil Salerno January 2006 For many independent hotels, electronically generated sales are the only viable means to compete in todays hotel business environment. Yet, there are still many independent hoteliers who think that volume electronic sales are out of reach, too costly or too complicated to implement. Perhaps the most frequently asked question I hear is I know about electronic sales, but where do I start? Start with a commitment to do more than simply hire someone to design a web site. There are sev...
Arizona Hotel & Lodging Association Recognizes the 100 Year Old El Tovar Hotel / January 2006...
January 30, 2006
Hotel Online Special Report Arizona Hotel & Lodging Association Recognizes the 100 Year Old El Tovar Hotel GRAND CANYON NATIONAL PARK, January 25, 2006 - The Arizona Hotel & Lodging Association (AzHLA) presented Grand Canyon National Park's El Tovar Hotel with a special award for its centennial event held in April 2005. The award was presented at the AzHLA Stars of the Industry awards luncheon in December. The centennial event at the 78-room hotel on the South Rim of the Grand Canyon marked the completion of a $4.6 million renovation as well as the 100th anniversary of the hotel. A series of publ...
