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El Cid Resorts Building the $40-million 350 suites Hotel Marina El Cid in Cancun Riviera Maya / October 2005
April 30, 2005
Hotel Online Special Report El Cid Resorts Building the $40-million 350 suites Hotel Marina El Cid in Cancun Riviera Maya CANCUN, Mexico (Oct. 4, 2005) El Cid Resorts will open its sixth hotel this December as part of the company's new, $200 million complex bordering Puerto Morelos National Reef Park in the Cancun Riviera Maya. The oceanfront resort, Hotel Marina El Cid Cancun Riviera Maya, will be located 12 miles south of the Cancun International Airport, halfway between the city of Cancun and the town of Playa del Carmen. El Cid's new, 617 acre complex boasts a state-of-the-art marina, now in operation a ...
Shun Tak Holdings and Hongkong Land Sign Mandarin Oriental to Operate 210 room Hotel Planned in Macau / October 2005
April 30, 2005
Hotel Online Special Report Shun Tak Holdings and Hongkong Land Sign Mandarin Oriental to Operate 210 room Hotel Planned in Macau HONG KONG, September 30, 2005 Mandarin Oriental Hotel Group today announced that it has agreed to sign a long term contract to manage its second luxury hotel in Macau, which will be part of the prestigious mixed-use complex soon to be developed on a prime site on the Macau waterfront. The overall project, which will be owned and developed through a joint venture between Shun Tak Holdings and Hongkong Land, is scheduled to open in 2009. The 2.6 million square foot mixed-use project is be...
April 30, 2005
Hotel Online Special Report Multi-Systems Inc. Purchases PMSs from Pegasus Solutions Inc. - Acquisition brings more than 450 Best Western properties to MSIs growing portfolio PHOENIX OCTOBER 21, 2005 Multi-Systems Inc. (MSI), the hospitality industrys leading provider of fully integrated property-management and marketing systems, announced today that it has signed an agreement to purchase the NovaPlus and GuestView® property-management systems from Dallas-based Pegasus Solutions Inc. (Nasdaq: PEGS). Pegasus is a leading provider of technology and services to hotels and travel distributors. The Pegasus NovaPl...
April 30, 2005
Hotel Online Special Report To Improve PMS Interface Consistency, MSI Joins HTNGs Distribution Solution Workgroup Phoenix October 5, 2005 To foster better communications via the Internet and level the playing field across all distribution channels, Multi-Systems Inc., the hospitality industrys leading provider of fully integrated property-management and marketing systems, is participating in a Property/Distribution Solution Workgroup formed by Hotel Technology Next Generation, that is creating consistent interface solutions across multiple applications from a wide variety of system providers. The H...
Michael Pownall Named Chief Executive of the Sandy Lane Hotel & Golf Resort on Barbados / October 2005
April 30, 2005
Hotel Online Special Report Michael Pownall Named Chief Executive of the Sandy Lane Hotel & Golf Resort on Barbados (St. James, Barbados October 20, 2005) The owners of the luxurious Sandy Lane Hotel & Golf Resort have announced the appointment of Michael Pownall as Chief Executive. In this new position, Mr. Pownall will oversee all aspects of the award-winning resort including the 112 luxury rooms and suites, the five-bedroom private villa, four unique restaurants, five bars, 47,000-square-foot spa and 45 holes of internationally acclaimed golf. Commented Dermot Desmond, Chairman of the Sandy Lane Board, We...
TIG Global Announces New Senior Management Appointments / October 2005
April 30, 2005
Hotel Online Special Report TIG Global Announces New Senior Management Appointments - Seasoned technology and creative executives reinforce TIG Globals commitment to best-of-breed applications and design Washington, D.C. Oct. 6, 2005, TIG Global, the leading interactive marketing company for the hospitality industry, recently announced the addition of two new management team members, Matt Heller as vice president of technology, and Dan Benderly as creative director. These new hires support TIG Globals commitment to providing industry-leading services to its clients by recruiting and retain...
Martin Elsner Named Pre-opening General Manager for Three Rocco Forte Hotels Opening in Germany / October 2005
April 30, 2005
Hotel Online Special Report Martin Elsner Named Pre-opening General Manager for Three Rocco Forte Hotels Opening in Germany 17 October 2005 - Rocco Forte Hotels is pleased to announce the appointment of Martin Elsner as Pre-opening General Manager Germany. Elsner will be responsible for launching all three German properties currently under development. The first, Villa Kennedy, will open in Frankfurt in January 2006, followed by Berlins Hotel de Rome in July 2006 and Munichs Hotel Ludwig in Spring 2007. Elsner will be temporarily based in Frankfurt and Berlin prior to the opening of these two hotels, befor...
April 30, 2005
Hotel Online .Special Report MEETINGScope by UniFocus Continues to Drive Meeting Planner Satisfaction and Loyalty DALLAS Oct. 12, 2005 UniFocus announced today that MEETINGScope, an essential relationship-management tool for meeting sales providers and their meeting planner partners, continues to become an industry-standard for delivering quality services and repeat business. MEETINGScope users repeatedly report that they rely on it to be an important part of their quality assurance programs. Furthermore, they are realizing increased loyalty and, therefore, profitability from this key revenue segment. MEET...
Michael Barnard Appointed President and Chief Operating Officer, Pacifica Hotel Company / October 2005
April 30, 2005
Hotel Online Special Report Michael Barnard Appointed President and Chief Operating Officer, Pacifica Hotel Company SANTA BARBARA, Calif. - Oct. 3, 2005 - -Invest West Financial and Pacifica Hotel Company, whose real estate holdings include choice California coastal hotels and commercial properties throughout the Western United States, announced that it has realigned its top management team. "One of our major strengths over the past 35 years has been the expertise and experience of our senior management team," said Dale J. Marquis, founder of both companies, who will now serve as Chairman and CEO. "We have positione...
Marriott International Reports 3rd Qtr Net Income of $149 million Up from the $133 million in the Same Qtr a Year Earlier; RevPAR Up 8.8% at North Ame
April 30, 2005
Hotel Online Special Report Marriott International Reports 3rd Qtr Net Income of $149 million Up from the $133 million in the Same Qtr a Year Earlier; RevPAR Up 8.8% at North American Properties WASHINGTON, Oct. 6, 2005 - Marriott International, Inc. (NYSE: MAR) today reported diluted earnings per share (EPS) of $0.65 in the third quarter of 2005 and income from continuing operations of $148 million. Results included a $17 million pre-tax impairment charge ($0.05 per share after-tax) related to an investment in a Delta Air Lines leveraged aircraft lease. EPS excluding this charge was $0.70, up 27 percent from comparable ...
Luxury Travel Now… And What's Next / Karen Weiner Escalera / October 2005
April 30, 2005
Hotel Online Special Report Luxury Travel Now... And What's Next By Karen Weiner Escalera, October 2005 The mass market in the United States continues to trade up as people want to act and feel rich. Theyve taken elements of luxury brands and the vocabulary of the luxury lifestyle and appropriated them to mass culture. The result? The upscale consumer is starting to go elsewhere. Some are going the route of ultra-luxe as in six or seven star hotels, residence clubs, ever more remote destinations, and exclusive events and services with high price tags. Though small but growing in number, others are choosing to go t...
You Just Gotta Love The Hotel Business! In Spite of its Self-inflicted Roadblocks and Blunders / Neil Salerno / October 2005
April 30, 2005
Hotel Online Special Report You Just Gotta Love The Hotel Business! In Spite of its Self-inflicted Roadblocks and Blunders By: Neil Salerno October 2005 I really love this business, but lately it seems to be saturated with gamesmanship, innuendo, and unusual interpretation of data. Theres actually so much data available that I guess one can find data to support almost any position one may want to take. An adaptation of the old saying Figures can lie and liars can figure. One of my favorites is the data which shows the increase in direct-to-supplier Internet bookings versus third-party aggregators....
Loews New Orleans Hotel Set to Re-open October 17; Local Companies to Receive First Priority for Employee Housing and Office Space / October 2005
April 30, 2005
Hotel Online Special Report Loews New Orleans Hotel Set to Re-open October 17; Local Companies to Receive First Priority for Employee Housing and Office Space NEW ORLEANS Loews New Orleans Hotel is being restored to perfection and will begin the first phase of its re-opening as early as Oct. 17, 2005. The four-diamond hotel was spared from flooding and vandalism in the aftermath of Hurricane Katrina and is now in the midst of restoring the property and assisting in the recovery of New Orleans. The hotel will offer availability first to local companies that are searching for much-needed office space or employee hous...
A Lagging Canadian Lodging Sector Creates an Opportunity / Including 3rd Qtr 2005 Hotel Transaction Summary / October 2005
April 30, 2005
Colliers International Hotels . INNvestment Canada Third Quarter 2005 A Lagging Canadian Lodging Sector Creates an Opportunity Written by Michael Smith, CFA, Real Estate and Hospitality Analyst, National Bank Financial Introduction National Bank Financial covers three of the four Canadian hotel REITs: Legacy, Royal Host and CHIP. The fourth REIT is InnVest. Our hospitality sector coverage also includes Four Seasons, Fairmont and Intrawest Corporation. Of the 24 stocks/REITs in our coverage universe, Fairmont, whose stock price is being penalized by the slow recovery of the lodging industry in Canada, is our top p...
Lodgenet, Paramount Pictures Sign Landmark Agreement for High-Definition Movies On-Demand / October 2005
April 30, 2005
Hotel Online Special Report Lodgenet, Paramount Pictures Sign Landmark Agreement for High-Definition Movies On-Demand War of the Worlds and The Longest Yard Available Now at Hard Rock Hotel in Chicago Premium Content Secured by Pro:IdiomTM Encryption Technology Developed by LG Electronics . SIOUX FALLS SD and HOLLYWOOD CA, October 11, 2005 LodgeNet Entertainment Corporation (NASDAQ: LNET), the worlds largest provider of interactive television and broadband solutions to hotels, and Paramount Pictures today announced a landmark agreement granting LodgeNet the right to distribute high-definition ...
The Independent Restaurateur Challenge; Competing with the Formulas / John R Hendrie / October 2005
April 30, 2005
Hotel Online Special Report The Independent Restaurateur Challenge; Competing with the "Formulas" By John R. Hendrie, CEO, Hospitality Performance, Inc., October 2005 It has always been about the Experience and the ability to differentiate, and that is why the formula restaurants have the edge. We may bemoan the homogenization, the lackluster façade and ambiance, and the uninspired product and service, but the formulas have consistency, a known and familiar product, and usually an absence of surprises the experience anticipated will usually be met. Such is the reality and the challenge to independents. F...
Linking Staffing, Labor and Budgets / Ken Heymann / October 2005
April 30, 2005
Hotel Online Special Report Linking Staffing, Labor and Budgets By Ken Heymann, October 2005 Hotel budgets are done every year and all of them address revenues, expenses and labor costs. For many companies, the budget is a one-time a year exercise that focuses on analyzing past costs and projecting future costs. Many organizations use comprehensive spreadsheet models that incorporate basic principles of flex budgeting. In the most successful processes, senior and middle management participate so that all involved understand how the budget was constructed and what the underlying assumptions are. Once the budget is co...
Lancaster Host Resort & Conference Center Acquired by Milestone Hospitality; Janus Hotels & Resorts No Longer the Operator / October 2005
April 30, 2005
Hotel Online News for the Hospitality Executive By Tim Mekeel, Lancaster New Era, Pa. Knight Ridder/Tribune Business News Oct. 1, 2005 - A Florida company with a track record of remodeling its holdings has bought the Lancaster Host Resort & Conference Center for an undisclosed price. Milestone Hospitality acquired the Lincoln Highway East property Sept. 23, according to a letter from the motel's departing management company. The 39-year-old motel in East Lampeter Township is a cornerstone of the county's tourism industry. With 330 rooms, it's the county's second-largest motel, trail...
La Paz, Mexico Experiencing a Flurry of Resort Community and Golf Course Development / October 2005
April 30, 2005
Hotel Online Special Report La Paz, Mexico Experiencing a Flurry of Resort Community and Golf Course Development LAGUNA BEACH, CA, October 3, 2005 La Paz, meaning Peace, as in calm waters and tranquility, is the capital of Baja California Sur. Known worldwide for sports fishing, diving, snorkeling, and whale watching, it is no wonder why Jacques Cousteau called this area of the Sea of Cortez the worlds aquarium. People have been drawn here for years because of its friendly, safe atmosphere and unique natural treasures. With their role as Protectors of the Sea of Cortez, Governor of Baja California S...
April 30, 2005
Hotel Online Special Report LRA Develops Innovative Quality Assurance/Mystery Shopping Program for Leading Canadian Hotel Company Audit to Measure Functional and Emotional Elements of The Delta Hotels Guest Experience TORONTO, Canada/HORSHAM, Pennsylvania; October 27, 2005 LRA Worldwide, Inc., one of North Americas leading providers of Customer Experience Management (CEM) services, will design and implement a unique quality assurance program for Delta Hotels, Canadas leading hotel management company. In keeping with the companys brand promise of warm and caring personal service, the mystery shopping pr...
La Quinta Corporation Net Reports Income of $14 million for 3rd Qtr 2005 Versus Net Loss of $12 million in 2004; Both La Quinta and Baymont Brands Pro
April 30, 2005
Hotel Online Special Report La Quinta Corporation Net Reports Income of $14 million for 3rd Qtr 2005 Versus Net Loss of $12 million in 2004; Both La Quinta and Baymont Brands Provided Strong Operating Results Lodging Operating Statistics DALLAS, Oct. 28, 2005 - La Quinta Corporation (NYSE: LQI) today announced financial results for the third quarter ended September 30, 2005. "We are very pleased with our excellent third quarter financial results," stated Francis W. ("Butch") Cash, chairman and chief executive officer. "For the quarter, RevPAR growth for total company owned hotels exceeded the upper end of our guidance...
Lodgian's Executive VP and Chief Financial Officer Linda Philp Resigns / October 2005
April 30, 2005
Hotel Online Special Report Lodgian's Executive VP and Chief Financial Officer Linda Philp Resigns ATLANTA, Ga., October 28, 2005Lodgian, Inc. (AMEX: LGN), one of the nations largest independent owners and operators of full-service hotels, today announced that Linda Borchert Philp will resign from her position as executive vice president and chief financial officer, effective December 16, 2005. Following her departure date, Philp will stay on as a consultant with the company for up to three days a week through as late as mid-March 2006, to assist with the year-end close, Sarbanes Oxley issues and filing the 10K annu...
Lovell Casiero Named Crescent Hospitality's Vice President of Sales and Marketing / October 2005
April 30, 2005
Hotel Online Special Report Lovell Casiero Named Crescent Hospitality's Vice President of Sales and Marketing FAIRFAX, Va. - Oct. 25, 2005 -- Officials of Crescent Hospitality, a rapidly growing hotel management company, today announced that Lovell Casiero has been named vice president of sales and marketing. In her new position, she will be responsible for direct sales strategy, revenue management, brand maximization, recruiting, interviewing and ongoing training of sales staff, supporting property-specific sales efforts and marketing. "Lovell has a 20-plus year record of success in hospitality sales and marketing," ...
The Knowland Group Announces Partnership with the Most Famous Hotels in the World / October 2005
April 30, 2005
Hotel Online Special Report The Knowland Group Announces Partnership with the Most Famous Hotels in the World . From Cesar Ritz to Conrad Hilton, from busy lobbyists to insomniac general managers, hotels and hoteliers have made a lasting impact on our society and culture Washington, D.C. (October 27, 2005) - In celebration of the hospitality industrys contributions to Americas (and the worlds) cultural heritage, starting today, the Knowland Groups 8 AM Comp Set Reports will include unique facts and historical tales culled from the archives of the worlds leading hospitality research center, www.f...
