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Boykin Lodging Sells French Lick Springs Resort and Spa for $25 Million / April 2005
February 28, 2005
Hotel Online Special Report Boykin Lodging Sells French Lick Springs Resort and Spa for $25 Million CLEVELAND, April 12, 2005 - Boykin Lodging Company (NYSE: BOY), a hotel real estate investment trust, today announced that it has entered into an agreement to sell the French Lick Springs Resort and Spa in French Lick, Indiana, to an unrelated third party for a price of $25.0 million. The sale includes the hotel and the Company's landholdings in Orange County, Indiana. The Company expects the sale to close on April 13, 2005 and intends to use the net proceeds for general corporate purposes. The sale of the...
Independent Boutique Hotels Can Compete With their Big Box Neighbors / Neil Salerno / April 2005
February 28, 2005
Hotel Online Special Report Independent Boutique Hotels Can Compete With their Big Box Neighbors By: Neil Salerno, Hotel Marketing Coach April 2005 For many years, small independent hotels suffered from a tilted marketing playing field dominated by their big budget neighbors. When the time came to promote their hotels during lower demand periods, independent hotels had to contend with larger franchised hotels possessing a larger sales talent-base, GDS exposure, and much larger advertising budgets. The Internet is leveling the sales playing field. Its the great equalizer because it is affordable for even the s...
Board to Sell Off Unusable Items From Radisson During Switch to Sheraton / April 2005
February 28, 2005
Hotel Online Special Report Board to Sell Off Unusable Items From Radisson During Switch to Sheraton MYRTLE BEACH, S.C. (April 27, 2005) -- Need some slightly used bed comforters? How about a large Radisson sign? If so, the Myrtle Beach Hotel Board Corp. has a deal for you. The board is unloading items that can't be used by the new operator of the city-financed hotel. Sheraton is replacing Radisson and plans to be in place at the Myrtle Beach Convention Center hotel by June 1. A system for folks to buy the leftover merchandise hasn't been set yet. There's a lot to change ...
Hilton Hotels Guarantees Up to $25 million for Baltimore's Publicly Financed 752 room Convention Center Hotel in the Event Hotel Fails to Meet
February 28, 2005
Hotel Online News for the Hospitality ExecutiveBy Lorraine Mirabella, The Baltimore SunKnight Ridder/Tribune Business News Apr. 12, 2005 - Baltimore officials plan to introduce legislation Monday seeking City Council approval to issue up to $305 million in revenue bonds for a convention headquarters hotel that would be developed and owned by the city. In a lengthy briefing with council members yesterday, a phalanx of city development, tourism and finance officials as well as financial advisers and consultants defended the plan to publicly finance the proposed 752-room Hilton, which they said was essential to boost the Baltimore Conve...
Local Investor Group Acquiring the Historic Black Point Inn in Prouts Neck, Maine / March 2005
February 28, 2005
Hotel Online Special Report Local Investor Group Acquiring the Historic Black Point Inn in Prouts Neck, Maine Prouts Neck, Scarborough, ME April 13, 2005 - The Black Point Inn, listed on the National Registry of Historic Hotels of America and one of Maines grandest seaside resorts, is being acquired by BPI Partners, LLC, an investor group with deep roots in the local community. Newly formed under the leadership of Ogden Hunnewell and Bob Gould, both long-time owners of residential properties neighboring the inn on Prouts Neck, BPI Partners, LLC assumed control of the Black Point Inn on Monday, April 4, 2005 thro...
World's Largest Hotel Chain Welcomes Best Western Pottstown Inn / April 2005
February 28, 2005
Hotel Online Special Report World's Largest Hotel Chain Welcomes Best Western Pottstown Inn POTTSTWON, Pa. (April 26, 2005) — Best Western International announces the opening of the Best Western Pottstown Inn located at 1600 Industrial Way in Pottstown, Pennsylvania. The hotel offers 122 guest rooms with wireless high-speed Internet and premium cable. Guests will appreciate features including an outdoor pool, fitness center, deluxe continental breakfast and meeting space which can accommodate up to 50 people. Leisure activities and entertainment within a short distan...
Best Western Napoleon Inn & Suites Joins the World's Largest Hotel Chain / April 2005
February 28, 2005
Hotel Online Special Report Best Western Napoleon Inn & Suites Joins the World’s Largest Hotel Chain Napoleon, Ohio (April 26, 2005) — Best Western International announces the opening of the newly-constructed Best Western Napoleon Inn & Suites located at 1290 Independence Drive in Napoleon, Ohio. The hotel offers 31 guest rooms and 17 suites complete with free high-speed Internet, microwave, coffee maker and refrigerator. Guests will appreciate such property features as an indoor pool and spa, and exercise facility. In addition, there are several 24-hour ...
Benchmark Hospitality Names 2005 Top Sales Executives / April 2005
February 28, 2005
Hotel Online Special Report Benchmark Hospitality Names 2005 Top Sales Executives THE WOODLANDS (HOUSTON), TEXAS, March 2005 ... Benchmark Hospitality International has announced the recipients of its annual Top Sales Executives Awards. Presented at Benchmark's National Sales Meeting, held recently at North Maple Inn in Basking Ridge, New Jersey, award winners were selected from among more than 125 sales and marketing professionals system-wide. Awards are given out based on exemplary sales performance, team participation, and strong leadership exhibited throughout the year. Recipients of Benchmark's 2005 Top S...
Benchmark Hospitality International Takes Over Management the French Lick Springs Resort / April 2005
February 28, 2005
Hotel Online Special Report Discount Hotels London, Sydney, Rome, AmsterdamParis, Melbourne, Lisbon, Barcelona, Berlin, Hong Kong, New York, Auckland Discount Hotels London, Sydney, Rome, AmsterdamParis, Melbourne, Lisbon, Barcelona, Berlin, Hong Kong, New York, Auckland Benchmark Hospitality International Takes Over Management the French Lick Springs Resort THE WOODLANDS (HOUSTON), TEXAS, April 19, 2005 - Benchmark Hospitality International, which manages 29 award-winning resorts, conference centers and hotels in the United States and Japan, has announced the addition of French Lic...
Bartech Develops Custom Minibar for the Famous Palms Casino Resort in Las Vegas / April 2005
February 28, 2005
Hotel Online Special Report Bartech Develops Custom Minibar for the Famous Palms Casino Resort in Las Vegas-- Minibar Leader Reaches More Than 15,000 Minibars in U.S. Casinos -- BWI CORRIDOR, Md. (April 26, 2005) – Bartech Systems International, a provider of minibar solutions and one of the the leaders in automatic minibar technology, has announced that it has developed a customized automatic minibar for new 300-room south tower of The Palms Casino Resort in Las Vegas. Known as one of Las Vegas’ hippest destinations, the Palms asked Bartech to design a minibar system satisfying...
A $1.2 billion Mega Resort/Casino Envisioned on Nassau's Cable Beach / April 2005
February 28, 2005
Hotel Online News for the Hospitality ExecutiveBy Douglas Hanks III, The Miami HeraldKnight Ridder/Tribune Business News Apr. 8, 2005 - A rival to the Bahamian mega-resort Atlantis will rise across the harbor in Nassau with a Las Vegas-style casino, developers announced Thursday. It would mark the first real challenge to Atlantis' dominance atop both the Nassau skyline and the Bahamian tourist economy. Baha Mar Development says it will spend $1.2 billion building a new resort on Nassau's Cable Beach, a strip of sand that's about 20 minutes by taxi to Nassau's Paradise Island, home to Atlantis and other resort properties owned by Kerz...
LTD Management Co. LLC Developing Two Hotels Side by Side at Baltimore Washington International Airport; A 203-room Sheraton and a 260-room Westin
February 28, 2005
Hotel Online News for the Hospitality ExecutiveBy Lorraine Mirabella, The Baltimore SunKnight Ridder/Tribune Business News Apr. 13, 2005 - Two new hotels will be built near Baltimore Washington International Airport, adding 463 rooms to the area's booming hotel market, the hotels' parent company said yesterday. A 203-room Sheraton will be built on Old Elkridge Landing Road in Linthicum, in Anne Arundel County, and will open by fall 2006. Next door, a 260-room Westin Hotel will open, also on Old Elkridge Landing Road, in spring 2007. The hotels will be developed by Brentwood Hotels and managed LTD Management Co. LLC of Chesapeake, Va....
Bob Prewitt Presented the International Association of Conference Center's Mel Hosansky Award for Distinguished Service / April 2005
February 28, 2005
Hotel Online Special Report Bob Prewitt Presented the International Association of Conference Center's Mel Hosansky Award for Distinguished Service Westchester, NY - April 2005 -- One of the highlights of the 24th Annual Conference of the International Association of Conference Centers was the presentation of the coveted Mel Hosansky Award for Distinguished Service to Bob Prewitt, a highly respected veteran of the hospitality industry. Established in 1985, each year IACC acknowledges one individual who has given the most to IACC and the conference center industry. Originally called the Distinguished Service Aw...
Bettina Landt Appointed General Manager at The Wauwinet, a Relais & Châteaux Property on Nantucket Island / April 2005
February 28, 2005
Hotel Online Special Report Bettina Landt Appointed General Manager at The Wauwinet, a Relais & Châteaux Property on Nantucket Island Nantucket, Mass. March, 2005 Nantucket Island Resorts, a collection of premier properties on Nantucket, has appointed Bettina Landt to oversee all hotel and restaurant operations at The Wauwinet, Nantuckets only Relais & Châteaux property. Formerly, as co-innkeeper, Bettina had shared the duties with her husband Eric Landt who was recently named general manager at the Jared Coffin House in Nantucket Town. As General Manager, Bettina assumes all management responsibilities a...
Oceans Resorts Buys Beachfront Daytona Hotel; Atlantic Las Brisas Inn & Suites Will Target The Budget Traveler / April 2005
February 28, 2005
Hotel Online Special Report Oceans Resorts Buys Beachfront Daytona Hotel . Atlantic Las Brisas Inn & Suites Will Target The Budget Traveler Daytona Beach, Fla. (April 13. 2005) Oceans Resorts, Daytonas leading hotel company, has purchased the 80-unit Atlantic Las Brisas Inn & Suites. The acquisition at 700 North Atlantic Avenue expands the company portfolio to more than 1,800 hotel rooms along the beachfront and gives Oceans Resorts a very competitive economy hotel in the heart of Daytona Beach. Rates at the Atlantic Las Brisas start at $45 a night. During Memorial Day weekend rates start at $79 a night. ...
Tourism Promotion Bill Will Help Market New Atlanta Aquarium / April 2005
February 28, 2005
Hotel Online Special Report Tourism Promotion Bill Will Help Market New Atlanta Aquarium ATLANTA, Ga. (April 27, 2005) -- Gov. Sonny Perdue signed a bill Tuesday to promote statewide tourism just a few steps away from the Georgia Aquarium, a venue its promoters are hoping will draw visitors, revitalize downtown Atlanta and pump dollars into the region's economy. Senate Bill 125 creates a public-private foundation to coordinate state, local and private sector tourism marketing efforts. The New Georgia Tourism Foundation will be charged with developing advertising ...
Ashford Hospitality Trust Sells Non-Core Hotels for $6.28 Million / April 2005
February 28, 2005
Hotel Online Special Report Ashford Hospitality Trust Sells Non-Core Hotels for $6.28 Million (April 25, 2005) -- Ashford Hospitality Trust, Inc. today announced it sold the Ramada Inn Hyannis Regency in Hyannis, Massachusetts, to Sleepy Time, LLC, for $4.75 million in cash, and the Ramada Inn Warner Robins to Care Hospitality, for $1.53 million in cash. Acquired by Ashford in March 2005 as part of a 21-hotel portfolio, the 196-room Ramada Inn Hyannis Regency and the 164 room Ramada Inn Warner Robins had been designated as non-core properties along with six other hotels in this ...
Ashford Hospitality Trust to Acquire 30-Hotel Portfolio for $465 Million / April 2005
February 28, 2005
Hotel Online Special Report Ashford Hospitality Trust to Acquire 30-Hotel Portfolio for $465 Million (April 27, 2005) -- Ashford Hospitality Trust, Inc. announced it has signed a definitive agreement to acquire a 30-property, 4,328-room hotel portfolio from CNL Hotels and Resorts for $465 million in cash. The purchase price equates to a trailing twelve-month net operating income capitalization rate of approximately 8.4% on the entire 30-hotel portfolio. The portfolio consists of 13 Residence Inns by Marriott in 9 states; 6 Courtyards by Marriott in ...
Business Travelers Feel Safe and Value Security Assurances / April 2005
February 28, 2005
Hotel Online Special Report Business Travelers Feel Safe and Value Security Assurances-- Global Poll of More Than 1000 Business Travelers Unveils Expectations For an Increase in Travel, Coupled With Valued Security Assurances -- NEW YORK, N.Y. (April 27, 2005) -- American Express Business Travel unveiled today its Global Business Traveler Survey of more than 1000 business travelers around the world, revealing that a large majority of business travelers expect to see an increase in business trips over the next year. The survey also found that w...
Albuquerque Seeks Answers on How to Fund and Build a $120 million 600-room Convention Center Hotel / April 2005
February 28, 2005
Hotel Online News for the Hospitality ExecutiveBy Rosalie Rayburn, Albuquerque Journal, N.M.Knight Ridder/Tribune Business News Apr. 14, 2005 - ALBUQUERQUE -- A city of Albuquerque task force has hired an international consulting firm to study potential ways to finance the building of a full-service hotel with as many as 600 rooms near the Convention Center. The task force chaired by the city's Economic Development Department director Fred Mondragon recently signed a contract worth up to $18,000 with HVS International, a hospitality consulting firm with offices in the United States, Europe and South America. The task force was establ...
Hard Rock Hotel & Casino Las Vegas Selects Lodging Management System, DataMagine from Agilysys / April 2005
February 28, 2005
Hotel Online Special Report Hard Rock Hotel & Casino Las Vegas Selects Lodging Management System, DataMagine from Agilysys Industry-Leading Software Chosen to Streamline Efficiency, Enhance Guest Service CLEVELAND April 21, 2005 Agilysys, Inc., (NASDAQ: AGYS) a leading provider of enterprise computer solutions and hospitality software solutions, announced that Hard Rock Hotel & Casino Las Vegas has selected the Lodging Management System (LMS) and DataMagine to streamline operations at the 668-room property. The hotel also selected LMS ResNet, LMS ARTS and LMS SPA modules to enhance guest service. LMS pr...
Las Vegas Hilton Selects Lodging Management System from Agilysys; Industry-Leading Software Improves Efficiency, Enhances Guest Service / April 2005
February 28, 2005
Hotel Online Special Report Las Vegas Hilton Selects Lodging Management System from Agilysys; Industry-Leading Software Improves Efficiency, Enhances Guest Service CLEVELAND April 4, 2005 Agilysys, Inc., (NASDAQ: AGYS) a leading provider of enterprise computer solutions and hospitality software solutions, announced that the Las Vegas Hilton has selected the Lodging Management System (LMS), as well as modules LMS ShowGate and LMS ShowNet, to streamline operations at the 3,000-room property. The Las Vegas Hilton is owned by Colony Capital, LLC, Los Angeles. LMS is an integrated property management software system d...
Agilysys Partners with Group 1 Software To Enhance Industry-Leading Property Management System / April 2005
February 28, 2005
Hotel Online Special Report Agilysys Partners with Group 1 Software To Enhance Industry-Leading Property Management System Address Verification Technology Integrates into Lodging Management System To Ensure Mailing Accuracies Lanham, MD and Cleveland, OH April 14, 2005 - Group 1 Software, a Pitney Bowes Company (NYSE: PBI), and Agilysys Inc. (NASDAQ: AGYS), today announced that Agilysys will incorporate Group 1s Universal Coder address hygiene software into the Lodging Management System (LMS), one of the hospitality industrys leading property management systems. Group 1s Universal Coder will be int...
Agilysys Announces Customized Hospitality Solution For IBM iSeries Platform / April 2005
February 28, 2005
Hotel Online Special Report Agilysys Announces Customized Hospitality Solution For IBM iSeries Platform New IBM eServer iSeries Solution Edition Offers Affordability, Superior Reliability With Lodging Management System CLEVELAND, Ohio (April 27, 2005) – Agilysys, Inc., (NASDAQ: AGYS) one of the leading providers of enterprise computer solutions and hospitality software solutions, has announced the release of a new IBM eServer iSeries Solution Edition for the hospitality sector. The IBM eServer i5 550 server will be optimally configured with the Lodging Management System (LMS) f...
