Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
Lowe Enterprises Acquires Skamania Lodge in Washington State, Destination Hotels & Resorts to Manage the Property / July 2005
March 30, 2005
Hotel Online Special Report Lowe Enterprises Acquires Skamania Lodge in Washington State, Destination Hotels & Resorts to Manage the Property STEVENSON, Wash. - July 14, 2005 -- Lowe Enterprises Investors has acquired the 254-room Skamania Lodge located on the Columbia River Gorge in Stevenson, Wash., just 40 minutes from Portland, Ore., on behalf of an investment client. The mountain-style lodge, set on 175 acres featuring an 18-hole golf course, full-service spa and 22,000 square feet of meeting space, was acquired from Beta West and CS First Boston. Skamania will be managed by Lowe's affiliate company, Destination H...
Joint Venture Led by Oxford Lodging Acquires San Francisco Landmark Sir Francis Drake Hotel; Will Undergo $20-million Renovation, Kimpton Remains as M
March 30, 2005
Hotel Online Special Report Joint Venture Led by Oxford Lodging Acquires San Francisco Landmark Sir Francis Drake Hotel - Will Undergo $20-million Renovation, Kimpton Remains as Manager of the Property SAN FRANCISCO - June 30, 2005 -- The 417-room Sir Francis Drake Hotel in San Francisco, the Union Square landmark built in 1928 to mirror the spirit of a proud new city rebounding from the great earthquake and fire, has been purchased by SFD Partners, LLC -- a joint venture between Oxford Lodging Advisory & Investment Group, LLC, of San Francisco and Longwing Real Estate Ventures, LLC, a member of the Dubai Invest...
Signature Worldwide Honored with Excellence in Exporting Award / July 2005
March 30, 2005
Signature Worldwide Honored with Excellence in Exporting Award COLUMBUS, OH (July 26, 2005) Signature Worldwide, a provider of training and business building solutions, recently received the Ohio Excellence in Exporting Award (E Award). The award, given by Ohio Governor Bob Taft, recognizes Ohio companies that have displayed outstanding growth in the international and domestic marketplace. Since its inception, Signature has implemented training in every U.S. state and served more than 5,000 clients worldwide across a multitude of industries. During the past three years, the companys export revenue has grown 37 perc...
Signature Worldwide Licensee Plans to Contribute to China's Growing Tourism Industry / July 2005
March 30, 2005
Signature Worldwide Licensee Plans to Contribute to China's Growing Tourism Industry Columbus, OH (July 19, 2005) Signature Worldwide, a leading provider of training and business building solutions, continues to expand its global presence by licensing its programs to Asian American Training and Marketing, Inc. (AATMI), a New York-based company with offices in Beijing. China marks Signatures seventh licensee, covering five continents and 40 countries. According to the World Travel and Tourism Council, over the next ten years the growth of travel and tourism in China is expected to make it the fourth fastest growing t...
First Hospitality Group Inc. Plans to Convert the Upper floors of Chicago's Majestic Building to a 135 room Hampton Inn / July 2005
March 30, 2005
Hotel Online Special Report First Hospitality Group Inc. Plans to Convert the Upper Floors of Chicago's Majestic Building to a 135 room Hampton Inn Rosemont, Ill.- July 5, 2005 First Hospitality Group Inc. (FHG), has announced plans to convert the upper floors of the Majestic Building, which houses the Shubert Theater in Chicago, into a hotel. The hotel phase of a decade-long effort to establish a theater district in the Loop, will involve redesigning the top 17 floors of the 20-story building, will be finished spring 2006. The plan is for a 135 room Hampton Inn. We are excited about the project a...
Condo-hotel Sales Halted by the Owners at the Hip Shore Club Hotel in South Beach / July 2005
March 30, 2005
Hotel Online News for the Hospitality ExecutiveBy Douglas Hanks Iii, The Miami HeraldKnight Ridder/Tribune Business News Jul. 27, 2005 - A dispute between the owners at the Shore Club has prompted a halt in the sales of condo-hotel units there, just weeks after Ian Schrager quit as head of the company that runs the hip South Beach resort, Schrager said Tuesday. Schrager said the friction was not related to his resigning earlier this month as chief executive of Morgans Hotel Group, which manages the Shore Club and owns the nearby Delano. He will remain a consultant and minority owner at the company, but his leaving the top job marks a...
Shangri-La Hotels and Resorts Now Guarantees Best Rates on the Group's Website / July 2005
March 30, 2005
Hotel Online Special Report Shangri-La Hotels and Resorts Now Guarantees Best Rates on the Group's Website Hong Kong (July 2005) - Shangri-La Hotels and Resorts, Asia Pacific's leading luxury hotel group, has introduced an online "best rate guarantee" on the group's website www.shangri-la.com. Shangri-La guarantees its customers that no other website will offer a better room rate than what is available on www.shangri-la.com. Should an online booker find a lower room rate elsewhere within 24 hours of making a reservation online, the hotel will not only match the lower rate but apply a further 10% discoun...
Shangri-La Academy, the Beijing Employee Training Center for Shangri-La Hotels and Resorts, Opens the School to the Public / July 2005
March 30, 2005
Hotel Online Special Report Shangri-La Academy, the Beijing Employee Training Center for Shangri-La Hotels and Resorts, Opens the School to the Public Hong Kong (July 2005) - Shangri-La Academy, the centralized employee training center of Asia Pacific's leading luxury hotel group, Shangri-La Hotels and Resorts, will offer public enrollment starting August 2005. Students with a secondary education or above are invited to enroll online at www.shangri-la-academy.com to join Shangri-La employee students at the Beijing-based Academy. Students will undergo 12 weeks of classroom training in culinary arts, food and beverage se...
The City of Seaside, California Agrees to Sell a Piece of the Famed Bayonet & Black Horse Golf Course for the Construction of a 330 room Resort Hotel
March 30, 2005
Hotel Online News for the Hospitality Executive By Sukhjit Perewal and Clarissa Algentera - The Monterey County Herald, Calif. Knight Ridder/Tribune Business News July 8, 2005 - One of the biggest development deals in recent Seaside history was approved unanimously by the City Council on Thursday night. The agreement to sell a piece of the famed Bayonet & Black Horse golf course property for the construction of a resort hotel will bring the city $19 million to $20 million -- over time. The deal is expected to ultimately bring millions in additional revenue annually in taxes from the hotel, the time share units a...
The Scranton Hilton's Owner and Lender File Papers Seeking a Consensual Foreclosure Prior to Expected Change in Ownership / July 2005
March 30, 2005
Hotel Online Special Report The Scranton Hilton's Owner and Lender File Papers Seeking a "Consensual Foreclosure" Prior to Expected Change in Ownership SCRANTON, Pa. - July 19, 2005 -- The Hilton Scranton & Conference Center has received enthusiastic support from the national hotel chain whose name it proudly bears. Hilton Hotels Corporation issued a statement Tuesday afternoon to emphasize that it expects Scranton's newest downtown hotel to be a major part of the city's future. "We are 100 percent behind Spectrum Origination, LLC and Boykin Management Group. We are certain they will continue to make the Hilton Scra...
La Quinta Appoints Steven A. Schumm as Executive Vice President, Chief Financial Officer / July 2005
March 30, 2005
Hotel Online Special Report La Quinta Appoints Steven A. Schumm as Executive Vice President, Chief Financial Officer Dallas (July 25, 2005) La Quinta Corporation today announced that it has appointed Steven A. Schumm as Executive Vice President, Chief Financial Officer. Mr. Schumm will report to Francis W. (Butch) Cash, La Quintas Chairman and Chief Executive Officer. Mr. Schumm brings to La Quinta more than 30 years of public accounting as well as corporate financial, administrative and operational experience, much of that time being spent in roles of increasing responsibility with Ernst & Young, L...
Tourism Heats Up in Santa Fe, New Mexico; Hotel Occupancy Through May Up 5% Over Last Year / July 2005
March 30, 2005
Hotel Online News for the Hospitality ExecutiveBy Bob Quick, The Santa Fe New MexicanKnight Ridder/Tribune Business News Jul. 17, 2005 - Santa Fe's important tourist industry is having a strong summer. Most of the indicators are positive - hotel occupancy rates are up, Santa Fe has just been named the third-best destination by a major travel publication, and August, the busiest month of the year, is just around the corner. Out on Cerrillos Road, in what may be a positive development for modestly priced motels, a 25-room motel has been closed and is being converted to a business center. That means that the remaining motels on Cerrillos...
Ty Warner Acquires Rancho San Marcos Golf Course from Premier Golf International / July 2005
March 30, 2005
Hotel Online Special Report Ty Warner Acquires Rancho San Marcos Golf Course from Premier Golf International SANTA BARBARA, CA July 15, 2005 - Today, local property owner Ty Warner purchased Rancho San Marcos Golf Course from Premier Golf International, a continued sign of Mr. Warners devotion to invest in properties that define the community for the betterment of the region and its residents. Rancho San Marcos has suffered financially in recent years. Mr. Warner seeks to improve the beauty and ecological-friendliness of the course through new advancements in environmental maintenance procedures, as well as e...
San Francisco Convention & Visitors Bureau Reports Visitor Statistics for the First Five Months of 2005 Trending Upward; Hotel Occupancy, Average Dail
March 30, 2005
Hotel Online Special Report San Francisco Convention & Visitors Bureau Reports Visitor Statistics for the First Five Months of 2005 Trending Upward . Hotel Occupancy, Average Daily Room Rate and Airport Arrivals All Up July 20, 2005 - When the San Francisco Convention & Visitors Bureau (SFCVB) released 2004 visitor statistics in mid-March visitor volume and spending were on the rise. Recent data reported for the first five months of 2005 confirms that this upward trend is gaining traction. "Three major benchmarks of a healthy hospitality industry - hotel occupancy, average daily room rate and airport arrivals - c...
Summary of San Francisco Hotel Market; Cap Rates, New Hotel Construction, Occcupancy / Anwar Elgonemy / July 2005
March 30, 2005
Hotel Online Special Report Summary of San Francisco Hotel Market; Cap Rates, New Hotel Construction, Occcupancy By Anwar Elgonemy, Vice President, Jones Lang LaSalle Hotel, San Francisco San Francisco Commands Top Interest Among U.S. Cities July 2005 An almost frenzied competition for assets has shifted cap rates down to their lowest level on record. San Francisco has highest investor demand - there is extremely limited product on the market and the market has the highest imbalance of demand for hotels vs. hotels for sale. In Jones Lang LaSalle Hotels most recent Hotel Investment Sentiment Surve...
The Proposed 150 room Solis Hotel in San Antonio to be Located in the La Cantera Area / July 2005
March 30, 2005
Hotel Online News for the Hospitality ExecutiveBy David Hendricks, San Antonio Express-NewsKnight Ridder/Tribune Business News Jul. 28, 2005 - An Atlanta-based hotel group that plans a new luxury hotel chain competing with Ritz-Carlton and Four Seasons will open a 150-room hotel -- the Solis Hotel -- in San Antonio near the Dominion in late 2007, the group announced Wednesday. West Paces Hotel Group will spend $700 million to open six hotels launching the Solis Hotels & Resorts chain, said company CEO Horst Schulze, a former president and chief operating officer for Ritz-Carlton. The other hotels opening in 2007 will be in Chicago, P...
The Marketing and Reservation Brand Small Luxury Hotels of The World Provided Member Hotels an Average Rate of $326 for Rooms Booked through the SLH S
March 30, 2005
Hotel Online Special Report The Marketing and Reservation Brand Small Luxury Hotels of The World Provided Member Hotels an Average Rate of $326 for Rooms Booked through the SLH System in June 2005 NEW YORK, July 27, 2005 After a strong start to 2005, Small Luxury Hotels of the World has continued its growth through the second quarter of the year with a 12% increase in revenue YTD over the same period last year. As travelers geared up for their summer vacations, the luxury brand saw an increase in both total reservations and room-nights through June by roughly 10% each. Not only were more people trave...
Shawn Goodway Appointed General Manager of the Gideon Putnam Resort and Spa in Saratoga Springs, N.Y. / July 2005
March 30, 2005
Hotel Online Special Report Shawn Goodway Appointed General Manager of the Gideon Putnam Resort and Spa in Saratoga Springs, N.Y. DENVER, July 5, 2005 - Shawn Goodway has been appointed general manager of the Gideon Putnam Resort and Spa in Saratoga Springs, N.Y. The 120-room resort is operated by Denver-based Xanterra Parks & Resorts. A long-time employee of the resort and a native of the Saratoga Springs area, Goodway served as controller for the resort for 17 years. He also has been controller of New Seabury Resorts in Mashpee, Mass., controller for Oakline Lumber & Millwork in Watervliet, N.Y., and assistant c...
March 30, 2005
Hotel Online Special Report Californias Sycuan Band of the Kumayaay Nation Donates $5.5 million to San Diego State University - Will Establish the Sycuan Institute on Tribal Gaming and Offer Undergraduate Degree Program in Tribal Gaming SAN DIEGO (Monday, July 25, 2005) San Diego State University will offer the nations first undergraduate degree program in tribal gaming and a university-based research institute to focus solely on tribal gaming, university and local tribal leaders announced Monday. Californias Sycuan Band of the Kumayaay Nation donated $5.5 million to San Diego State that also will be use...
Hotel Performance in Key Markets Across Russia Enjoys Significant Improvements Over the Past Four Years; Need for Mid-market Hotel Performance in Key
March 30, 2005
Hotel Online Special Report Hotel Performance in Key Markets Across Russia Enjoys Significant Improvements Over the Past Four Years . . Need for Mid-market and Economy Hotels in Russia Grows July 2005 - Russia is the largest country in the world extending over 11 time zones and two continents. Often called the bridge between Europe and Asia, this vast country covers 17.1m square kilometres - the equivalent of the USA and Europe. With immense landscapes and exciting cultures, Russia continues to be a key destination on travellers' wish lists. Year-to-May 2005 results from the European edition of the HotelBen...
Partners Donald J. Trump and Phil G. Ruffin Begin Construction of the Trump International Hotel & Tower Las Vegas; 100% of the 1,282 Condominium Hote
March 30, 2005
Hotel Online Special Report Partners Donald J. Trump and Phil G. Ruffin Begin Construction of the Trump International Hotel & Tower Las Vegas; 100% of the 1,282 Condominium Hotel Units Already Reserved for Purchase LAS VEGAS, July 12, 2005 - Tuesday, July 12th, 2005, is destined to be a monumental day in the history of Las Vegas, as partners Donald J. Trump and Phil G. Ruffin personally lead a ceremonious groundbreaking at the site of The Trump International Hotel & Tower Las Vegas. Designed to be the most opulent condominium hotel ever built in Las Vegas -- if not the entire world -- The Trump International Ho...
Resorts International Holdings Inc. Names Roger P. Wagner as Chief Operating Officer / July 2005
March 30, 2005
Hotel Online Special Report Resorts International Holdings Inc. Names Roger P. Wagner as Chief Operating Officer LAS VEGAS- July 6, 2005-- Resorts International Holdings Inc., an affiliate of Colony Capital LLC (Resorts/Colony), the nation's largest privately held gaming company, today announced the appointment of Roger P. Wagner as its chief operating officer. Wagner served as chief operating officer of Jack Binion's Horseshoe Gaming Holding Corp. from 1998 to 2004 and led that company to unprecedented growth. Horseshoe was sold to Harrah's Entertainment in July 2004. Wagner will manage Resorts operations from its new cor...
Environmentalists Win Battle Forcing the Ritz-Carlton Half Moon Bay To Move Signature 18th Hole Away from Sea Bluff / July 2005
March 30, 2005
Hotel Online News for the Hospitality ExecutiveBy David Herbert, San Jose Mercury News, Calif.Knight Ridder/Tribune Business News Jul. 6, 2005 - Environmentalists and Half Moon Bay residents will score a major victory next week when the owners of a renowned golf course submit plans to dismantle a controversial seawall protecting the course's trademark 18th hole. Ocean Colony Partners, the real estate developer that owns and manages the course adjacent to the Ritz-Carlton, has been wrangling with the California Coastal Commission since 2002, when the Sierra Club discovered that the developer had dumped hundreds of boulders on a public...
Rezidor SAS Hospitality And Carlson Hotels Worldwide Complete Strategic Agreement / July 2005
March 30, 2005
Hotel Online Special Report Rezidor SAS Hospitality And Carlson Hotels Worldwide Complete Strategic Agreement Brussels, Belgium and Minneapolis, MN, June 30, 2005 ----- Rezidor SAS Hospitality, the Brussels-based subsidiary of the SAS Group, today jointly announced with US-based Carlson Hotels Worldwide, that they have completed the strategic agreement, originally announced in March, 2005, which results in an enhancement of their long-time franchise partnership into a shareholder agreement. Carlson Hotels has now acquired a 25 percent shareholding in Rezidor SAS from SAS Group in return for renegotiated commercial...
