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Las Vegas Sands Corp. and Starwood Hotels Reach Agreement on Management Deal; Starwood to Manage Planned 1,200-room Sheraton and a 300-room St. Regis
January 30, 2006
Hotel Online Special Report Las Vegas Sands Corp. and Starwood Hotels Reach Agreement on Management Deal; Starwood to Manage Planned 1,200-room Sheraton and a 300-room St. Regis on the Cotai Strip, Macao LAS VEGAS, Feb. 22, 2006 - Las Vegas Sands Corp. (NYSE: LVS) and Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today the addition of a new 1,200-room Sheraton hotel and a new 300-room St. Regis hotel to the Cotai Strip currently being developed by Las Vegas Sands in the People's Republic of China Special Administrative Region of Macao. The parties have entered into a non-binding letter of intent and e...
Hotel Ezra Cornell, a Student-run Hospitality Conference, Set for April 6-8 in Ithaca; Hospitality Media Leaders to Make Up Keynote Panel / February 2
January 30, 2006
Hotel Online Special Report Hotel Ezra Cornell, a Student-run Hospitality Conference, Set for April 6-8 in Ithaca; Hospitality Media Leaders to Make Up Keynote Panel Ithaca, N.Y., February 6, 2006 - Who better to answer the hospitality industry's urgent questions than the media leaders who are among the industry's most knowledgeable insiders? Attendees at the 81st Hotel Ezra Cornell will find out on April 7, when these leaders convene a panel to address pressing issues in the industry. Hotel Ezra Cornell is a student-run hospitality conference - an 81-year tradition at the Cornell School of Hotel Administration. Thi...
The Coralville Marriott Hotel & Conference Center Set to Open in August, 2006; The 286-room City Owned Property with 60,000 Sq Ft of Meeting Space Wil
January 30, 2006
Hotel Online Special Report The Coralville Marriott Hotel & Conference Center Set to Open in August, 2006; The 286-room City Owned Property with 60,000 Sq Ft of Meeting Space Will Open Smoke Free CORALVILLE, Iowa February 7, 2006 The great state of Iowa is preparing to unveil its first-ever smoke free full-service hotel with the Coralville Marriott Hotel & Conference Center, opening August 15, 2006. The 286-room property with 60,000 square feet of meeting space is owned by the City of Coralville and operated by Marriott International. To further demonstrate their commitment to promoting a smoke free environment, a...
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January 30, 2006
Hotel Online Special Report The Global Hospitality Advisor A Developers Nightmare: - How Municipal Ordinances Can Make Condo Hotels Securities by Catherine D. Holmes, February 2006 It seems that as fast as condo hotel building approvals are requested, municipal governments are responding with new ordinances to regulate these multi-use projects. In some cases, these increasingly detailed ordinance provisions are counterproductive both to the sale and operation of the condo hotel. But developers must be cautious about how they get involved in the adoption of municipal ordinances, or they run the risk o...
Doubletree Hotel Los Angeles International Airport Sold; Colliers International Hotels Acts as Advisor to the Seller / February 2006...
January 30, 2006
Hotel Online Special Report Doubletree Hotel Los Angeles International Airport Sold . Colliers International Hotels Acts as Advisor to the Seller El Segundo, CA -- February 16, 2006 -- Colliers International Hotels announces that it has arranged the sale of the Doubletree Hotel Los Angeles International Airport (LAX) for a price of $30.5 million. Bob Kaplan, Bob Eaton and Mark McDermott of Colliers International Hotels advised the seller, a local partnership, on the transaction. The seller had owned the hotel since June 2003. . . The seven-story hotel features 215 guest rooms, 4,500 square feet of ...
The Longtime Radisson Hotel in San Bernardino Now a Clarion Hotel / February 2006...
January 30, 2006
Hotel Online News for the Hospitality Executive By Jim Steinberg, San Bernardino County Sun, Calif. Knight Ridder/Tribune Business News Feb. 7, 2006 - San Bernardino's longtime Radisson hotel now wears the name Clarion. A plastic banner, flapping in the wind, ended the mystery and speculation that has been swirling around town since the Radisson name was covered up Wednesday. The temporary sign read "Clarion." Clarion is one of the nameplates of Maryland-based Choice Hotels International, one of the world's largest lodging franchisers, marketing more than 5,0...
Choice Hotels Names its 2005 Franchise Sales and Development Award Winners / February 2006...
January 30, 2006
Hotel Online Special Report Choice Hotels Names its 2005 Franchise Sales and Development Award Winners Honorees Represent Best In Sales Across the Chains Diverse Brands Silver Spring, Md. (February 27, 2006) Choice Hotels International, Inc., (NYSE:CHH) recently honored its franchise sales and development team for their performance in 2005 at the groups annual awards dinner at The Corcoran Gallery of Art in Washington, D.C. "Our 2005 salesperson of the year award winners have brought great value to Choice as a result of their efforts," said David Pepper, senior vice president, fra...
Carlson Hotels Worldwide Adds Eight Franchise Locations to its Portfolio of Brands in January 2006 / February 2006...
January 30, 2006
Hotel Online Special Report Carlson Hotels Worldwide Adds Eight Franchise Locations to its Portfolio of Brands in January 2006 MINNEAPOLIS (Feb. 9, 2006) ---- Carlson Hotels Worldwide today announced that the company has added eight new franchise locations to its portfolio of brands in January. These include a new Radisson SAS property in Brussels, Belgium, a new Park Plaza Hotel & Conference Centre in Ontario, Canada, and a new Country Inn & Suites By Carlson in Grand Rapids, Mich. The new additions bring Carlson's global portfolio to 924 hotels with 147,204 rooms in 69 countries. Carlson hotel brands include: Regent ...
.Cable Beach Resorts Targets $85 million Capital Investment Program for its Radisson and Wyndham Properties in Nassau, The Bahamas; Includes Complete
January 30, 2006
Hotel Online Special Report Cable Beach Resorts Targets $85 million Capital Investment Program for its Radisson and Wyndham Properties in Nassau, The Bahamas - Includes Complete Renovation and Re-branding of the 691-room Radisson Cable Beach Plantation, FL, February 3, 2006 Cable Beach Resorts announced a dramatic capital investment program exceeding $85 million for its Radisson and Wyndham properties. The plan, which includes $15 million in property renovations announced last year, consists of a complete renovation and re-branding of the 691-room Radisson; and extensive renovations and upgrades to th...
8th Annual Caribbean Conference on Sustainable Tourism Development Set for April 25-29, 2006 in Puerto Rico / February 2006...
January 30, 2006
Hotel Online Special Report 8th Annual Caribbean Conference on Sustainable Tourism Development Set for April 25-29, 2006 in Puerto Rico BRIDGETOWN, Barbados (Feb. 3, 2006) -- The economic benefits of sustainable tourism and its implications for the social and cultural environment, will be the central focus of the 8th Annual Caribbean Conference on Sustainable Tourism Development, also known as the Sustainable Tourism Conference (STC-8), to be held this year in San Juan, Puerto Rico. The April 25-29 conference, which has as its theme, Keeping the Right Balance Economic Progress and Sustainable Tourism, will stress th...
HFTP to Feature the RFI for Club Technology at Club Managers' Association of America's 79th World Conference / February 2006...
January 30, 2006
Hotel Online Special Report HFTP to Feature the RFI for Club Technology at Club Managers' Association of America's 79th World Conference AUSTIN, TEXAS; February 27, 2006 - This week, Hospitality Financial and Technology Professionals (HFTP) will promote the standardized Request for Information for Club Technology at the Club Managers' Association of America's 79th World Conference on Club Management in Honolulu, HI. Developed jointly by CMAA and HFTP, the RFI is a reference tool and guideline in developing requests for information from technology vendors. The purpose is to provide a starting point for clubs when beginning...
Corporate Housing Providers Association Announces 2006 Tower of Excellence Award Winners; Shamrock Corporate Housing Named Company of the Year / Febru
January 30, 2006
Hotel Online Special Report Corporate Housing Providers Association Announces 2006 Tower of Excellence Award Winners; - Shamrock Corporate Housing Named "Company of the Year" Newport Beach, CA, February 14, 2006 -- The Corporate Housing Providers Association (CHPA), an international organization representing corporate housing companies around the globe, presented their fifth annual Tower of Excellence awards at their annual conference in Newport Beach on February 9, 2006. CHPA is the only trade association dedicated to the corporate housing industry. As the industry continually evolves, members gain insight and ...
Choice Hotels Reports Full Year 2005 Net Income of $87.6 million Compared to Prior Year Net Income of $74.3 million; Executes 639 New Domestic Hotel F
January 30, 2006
Hotel Online Special Report Choice Hotels Reports Full Year 2005 Net Income of $87.6 million Compared to Prior Year Net Income of $74.3 million; Executes 639 New Domestic Hotel Franchise Contracts Hotel Operating Statistics SILVER SPRING, Md. - Feb. 14, 2006 -- Choice Hotels International, Inc., (NYSE:CHH - News) today reported the following highlights for the fourth quarter and full-year 2005, including records for full-year and fourth-quarter earnings per share, revenues and domestic hotel franchise contracts: Diluted earnings per share (EPS) for full-year 2005 were $1.32 compared to $1.08 for 2004; Diluted ea...
Hotel-Online and BuildCentral Add/Update 50 Hotel Projects to the New Hotel Construction Projects Database / February 2006...
January 30, 2006
Hotel Online Special Report Hotel-Online and BuildCentral Add/Update 50 Hotel Projects to the New Hotel Construction Projects Database Chicago, IL. February 21, 2006 - Hotel-Online and BuildCentral have added or updated 50 hotel projects in the last two weeks to the New Hotel Construction Projects database. Notable projects entered in the last two weeks include: The Murphys Historic Hotel Development, Murphys CA Convention Center Hotel, Natchez MS The Sails, Fort Lauderdale FL Port Navarre, Navarre FL Hotel at White Oak Plantation, Green Creek NC Convention Center Hotel, Syracuse ...
Hotel-Online and BuildCentral Add/Update 37 Hotel Projects to the New Hotel Construction Projects Database / February 2006...
January 30, 2006
Hotel Online Special Report Hotel-Online and BuildCentral Add/Update 37 Hotel Projects to the New Hotel Construction Projects Database Chicago, IL. February, 6 2006 - Hotel-Online and BuildCentral have added or updated 37 hotel projects in the last two weeks to the New Hotel Construction Projects database. Notable projects entered in the last two weeks include: Dulles North Corporate - Hampton Inn and Suites, Sterling VA Saratoga Gaming and Raceway Expansion, Saratoga Springs NY Fountains at Arbor Lake, Maple Grove MN Aloft Hotels, Charlotte NC Sugar House Casino, Philadelphia PA Pa...
Notes from the ALIS Conference / David Brudney ISHC / February 2006...
January 30, 2006
Notes from the ALIS Conference: By David M. Brudney, ISHC, Februray 2006 Thanks to all of you that noticed: my articles have been missing since last summer and I do promise to fix that. I attended The Americas Lodging Investment Summit (ALIS) last month in Los Angeles. It was very upbeat. Everyone seemed to agree that the lodging industrys good times should continue through 2009, some predicting through 2010 and even longer. Why? Demands return is the driving force. Some notes this writer made to share with you: Randy Smith reported that demand and supply are even for the first time in 17 years ...
2006 Projections for the Boston/Cambridge Lodging Market / Pinnacle Advisory Group / February 2006...
January 30, 2006
Hotel Online Special Report 2006 Projections for the Boston/Cambridge Lodging Market Boston, Massachusetts February 6, 2005 Pinnacle Advisory Group announced today that it is projecting that Revenues Per Available Room in Boston will grow by 10.6 percent in 2006. In its annual outlook presentation in July 2005 Pinnacle projected growth of 9.7 percent. According to Matthew Arrants, Managing Director of Pinnacle Advisory Group, 2006 is shaping up to be a banner year for the market. In addition to the record 29 citywide conventions on the books, the winter leisure advertising budget for the state more tha...
$70 million Lawsuit Against the Borgata Hotel Casino & Spa in Atlantic City Will Test How Far an Employer Can Go in Promoting Image Standards / Febr
January 30, 2006
Hotel Online News for the Hospitality Executive By Suzette Parmley, The Philadelphia Inquirer Knight Ridder/Tribune Business News Feb. 1, 2006 - In a case that tests how far an employer can go in promoting an image and appearance standard, two former "Borgata Babes" cocktail servers filed a lawsuit this week against the Borgata Hotel Casino & Spa in Atlantic City. The suit, filed Monday in Atlantic County Superior Court by Renee Gaud, 36, and Trisha Hart, 28, states the Borgata fostered "a sexual and gender-hostile environment and sex discrimination." The women are seeking ...
Boca Raton Resort & Club Embarks on a Multi-million dollar Refurbishment Headed Up by Three Designers: Thierry Despont, Alexandra Champalimaud, and To
January 30, 2006
Hotel Online Special Report Boca Raton Resort & Club Embarks on a Multi-million dollar Refurbishment Headed Up by Three Designers: Thierry Despont, Alexandra Champalimaud, and Tony Chi Boca Raton, FL - February 22, 2006 - Florida's Boca Raton Resort & Club, originally built in 1926 by legendary architect Addison Mizner, has embarked on a multi-million dollar refurbishment headed up by an ensemble of world-renowned designers. Assembled for the project by LXR Luxury Resorts which manages the landmark property, these celebrated designers will bring a fresh new look and feel to the legendary resort while drawing heav...
W Sydney Hotel Acquired by Taj Hotels for USD $27.1 million; Taj Renames Property BLUE, Woolloomooloo Bay, Sydney / February 2006...
January 30, 2006
Hotel Online Special Report W Sydney Hotel Acquired by Taj Hotels for USD $27.1 million; Taj Renames Property BLUE, Woolloomooloo Bay, Sydney SYDNEY, FEBRUARY 1, 2006 - The Indian Hotels Company Limited (IHCL), which owns and operates Taj Hotels Resorts and Palaces, this morning officially opened and launched its newest acquisition BLUE, Woolloomooloo Bay, Sydney. The 100 room, five-year old hotel, located on The Finger Wharf at Woolloomooloo Bay, was formerly known as the W. The hotel is among the top hotels in Sydney and is Taj Hotels Resorts and Palaces' first foray into Australia. General Manager Mi...
Developer CMA Companies Expects to Raise Prices as 200 of 1,300 Condo/hotel Residences Sell in 24 Hours; The Blue Rose Resort Yet to Break Ground in
January 30, 2006
Hotel Online Special Report Developer CMA Companies Expects to Raise Prices as 200 of 1,300 Condo/hotel Residences Sell in 24 Hours; The Blue Rose Resort Yet to Break Ground in Orlando ORLANDO, Fla., February 28, 2006 The Blue Rose, Orlandos most spectacular new luxury condo hotel, which celebrated its grand opening on Thursday February 23rd celebrated again: The Blue Rose sold more than 200 luxury condo hotel residences in less than 24-hours, representing more than $100 million dollars in sales. Our project will bring a Las Vegas, New York and Miami/style atmosphere to Orlando and people seem to find i...
CMA Cos. Planning $850 million Luxury Hotel Near Orlando's Orange Country Convention Center; Called the Blue Rose Resort, Includes 1,300 rooms
January 30, 2006
Hotel Online News for the Hospitality Executive By Christopher Boyd, The Orlando Sentinel, Fla. Knight Ridder/Tribune Business News Feb. 10, 2006 - Construction is expected to begin late this year on a towering luxury hotel project that would add 1,300 rooms and a 1,000-seat performing-arts theater to southwest Orlando. Called the Blue Rose Resort, the development is expected to cost $850 million and take as long as three years to build. It is planned for midway between the Orange County Convention Center and Universal Orlando. CMA Cos., a Miami development group, ex...
The Blackstone Group Now Controls 1,430 Hotels; Some Speculate Blackstone Preparing an Initial Public Offering / February 2006...
January 30, 2006
Hotel Online News for the Hospitality Executive By Joe Lauria in New York, The Business, London Knight Ridder/Tribune Business News Feb. 26, 2006 - The Blackstone Group's $2.6bn (£1.5bn, E2.1bn) acquisition last week of MeriStar Hospitality's 57 hotels is the latest piece of the private equity group's expanding hotel empire and yet another sign of consolidation in the industry. It was Blackstone's fifth hotel chain takeover in just 12 months at a cost of nearly $12bn. It spent $3.4bn in the past year acquiring the La Quinta and $3.2bn on Wyndham International groups. It al...
City of Bellingham Files Federal Lawsuit Against Hotels.com, Priceline.com, Travelocity.com and Other Booking Web Sites Claiming Evasion of Lodging
January 30, 2006
Hotel Online News for the Hospitality Executive By Jon Gambrell, The Bellingham Herald, Bellingham, Wash. Knight Ridder/Tribune Business News Feb. 9, 2006 - The city of Bellingham has filed a federal lawsuit against a host of Web sites that offer cheap hotel rooms, hoping every city and county in the state can recoup tax money lost to the online brokers. However, Washington State Department of Revenue officials say the city will withdraw the lawsuit at its request over concerns the issue should be resolved administratively, not through the courts. The lawsuit, filed ...
