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November 4th, 2024
Market Metrix Announces Fourth Quarter 2004 Hospitality Index Results; Wingate Inns, Midwest Airlines and Enterprise Rent-A-Car Take Top Industry Cat
January 30, 2005
Hotel Online Special Report Market Metrix Announces Fourth Quarter 2004 Hospitality Index Results . -- Wingate Inns, Midwest Airlines and Enterprise Rent-A-Car Take Top Industry Categories -- SAN RAFAEL, Calif. - February 1, 2005 -- Market Metrix, LLC, the leading provider of market research services for the hospitality industry, today announced results of the Market Metrix Hospitality Index (MMHI) for the fourth quarter of 2004. Wingate Inns, Midwest Airlines and Enterprise Rent-A-Car ranked number one in hotel, airline and rental car industry customer satisfaction, respectively. For the first time, a mid-scale (with...
InterContinental Hotels Group Names Mark Wells, SVP, Brand Performance, the Americas / February 2005...
January 30, 2005
Hotel Online Special Report InterContinental Hotels Group Names Mark Wells, SVP, Brand Performance, the Americas ATLANTA (Feb. 2, 2005) - InterContinental Hotels Group has named Mark Wells, senior vice president, Brand Performance, the Americas. Based in Atlanta and reporting to Steve Porter, president, the Americas, IHG, Wells is responsible for overall brand performance, including brand strategy, sales, marketing, revenue management and hotel performance support across all seven InterContinental Hotels Group brands, including InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Hotel Indig...
Unprecedented Turn-Around in Manhattan's Lodging Market Shows Resilience of New York City as World's Leading Business Center / February 200
January 30, 2005
Hotel Online Special Report Unprecedented Turn-Around in Manhattan's Lodging Market Shows Resilience of New York City as World's Leading Business Center NEW YORK, February 17 2005 - Knocked down for the count after September 11, Manhattan’s lodging market is now back on its feet and sparring for the next heavy-weight title, according to a major report released yesterday by Hotel Investment Management LLC, a hospitality consulting firm based in Maplewood, New Jersey. The author of the report and Principal of the firm, Mr. Ross Woods, said yesterday that by the end of 2005, the Manhattan lodging market will have expe...
The Combined Hotel and Retail Mall Format Evolving in India; Up to 15 New Hotel-Malls in Various Stages ofPlanning Across India / February 2005...
January 30, 2005
Hotel Online News for the Hospitality ExecutiveBy Raja Awasthi, The Economic Times, IndiaKnight Ridder/Tribune Business News Feb. 20, 2005 - NEW DELHI -- Luxury hotels may soon be moving out of their ivory towers and into the real world. And if you had seen the ultimate mall and mega mall, think again. There's a new trend coming -- hotel-cum-malls, much like the Grand Hyatt in Mumbai with global luxury brands as anchoring tenants. Though the new projects are likely to attract a more comprehensive retail mix, the stats are staggering. There are over 15 new hotel-cum-malls in various stages of planning and slated to come up across the ...
Religious Housing, Theological Conference Centers Occupancy Up 40%, Emerge as Growing Hospitality Segment, Competition in Some Markets / February 2005
January 30, 2005
Hotel Online .Special Report Religious Housing, Theological Conference Centers Occupancy Up 40%, Emerge as Growing Hospitality Segment, Competition in Some Markets Properties use Integrated Maestro PMS, Sales and Catering Software; Hospitality Sales Skills, to Attract and Manage Large Groups February 15, 2005 - Whether or not religious or theological housing competes directly with your hotel, this segment of the hospitality industry is quietly increasing in size and growing in importance to church-oriented traveling Americans. In some markets they operate outside the local hospitality industry’s interests, prov...
Apple Core Hotels Will Open Sixth Property, the 132 room La Quinta Inn Islip, Long Island / February 2005...
January 30, 2005
Hotel Online Special Report Apple Core Hotels Will Open Sixth Property, the 132 room La Quinta Inn Islip, Long Island NEW YORK, February 2005 — Cost-conscious leisure and business travelers flying in and out of Long Island, New York's MacArthur Airport will soon have a new place to rest their heads. Apple Core Hotels, a group of five moderately priced New York hotels operated in conjunction with several nationwide chains, has announced that it will open its sixth property, the 132 room La Quinta Inn Islip, Long Island, toward the end of 2005. "We're delighted about this expansion and growth of Apple Core Hotels"...
Michael Soll Named Vice President of Casinos for Hard Rock Cafe International / February 2005...
January 30, 2005
Hotel Online News for the Hospitality ExecutiveBy Jerry W. Jackson, The Orlando Sentinel, Fla.Knight Ridder/Tribune Business News Feb. 17, 2005 - Hard Rock Cafe International Inc. took another major step on the road to becoming a global player in casino gambling this week with the appointment of an industry expert from Las Vegas to the newly created position of vice president of casinos. Michael Soll, 39, said Wednesday that he sees great potential for the Orlando-based entertainment giant's future in casinos, both domestically and overseas such as in the United Kingdom. "You're going to see some exciting things from Hard Rock," said...
Molinaro Koger Structures Sale of Two Residence Inns Portland, Oregon / February 2005...
January 30, 2005
Hotel Online Special Report  Molinaro Koger Structures Sale of Two Residence Inns Portland, Oregon McLean, VA – February 22, 2005 – Molinaro Koger announced today that they brokered the sale of two Residence Inns located in metro-Portland, Oregon, on behalf of Innkeepers USA Trust (NYSE: KPA) based in Palm Beach, Florida. The two hotels, with a total of 232 rooms, were purchased by CSM Lodging. Minneapolis-based CSM Lodging, which has a strong presence in the Pacific Northwest, will manage the hotels. “Portland’s position as one of the nation’s tightest housing markets serves to drive high occupancy and rate at ...
Molinaro Koger Structures Sale of Lenox Suites Hotel Chicago / February 2005...
January 30, 2005
Hotel Online Special Report  Molinaro Koger Structures Sale of Lenox Suites Hotel Chicago CHICAGO, ILLINOIS – February 8, 2005 – Molinaro Koger announced today that they advised North Rush Street Associates, LP in the sale of Lenox Suites Hotel, Chicago, Illinois. The 324 all-suite hotel was purchased by James Hotels who will manage the property and complete a comprehensive public space and guest room renovation to position the hotel as a four-star destination. “Given the propertyÂ’s super-premium location, strong cash flow and recent VIP floor renovation, the Lenox Suites attracted significant investor interest,Â...
The 10 largest Hotel Groups and the 10 Largest Hotel Brands in the European Union; The MKG 2005 Ranking Shows the Incontestable Predominance of Accor
January 30, 2005
Hotel Online Special Report The 10 largest Hotel Groups and the 10 Largest Hotel Brands in the European Union . The MKG 2005 Ranking Shows the Incontestable Predominance of Accor Paris, January 27th 2005 With nearly 9,000 additional rooms, Accor strengthened its position as a leader in the European hotel industry. The merger between Travel Inn and Premier Lodge led to the creation of a giant in the hard-budget hotel sector in the United Kingdom. Marriott fell to ninth place after selling off its holdings in the Ramada International master franchise. As a preview of the in-depth European hot...
Hersha Hospitality Trust Names Melissa Hauser Director of Acquisitions and Asset Management / February 2005...
January 30, 2005
Hotel Online Special Report Hersha Hospitality Trust Names Melissa Hauser Director of Acquisitions and Asset Management PHILADELPHIA, Pa., February 3, 2005 — Hersha Hospitality Trust (AMEX: HT), a real estate investment trust (REIT) and owner of nationally franchised, premium branded, full-service and limited-service hotels, today announced that Melissa Hauser has joined the organization as director of acquisitions and asset management.  In her new position, she will underwrite new hotel acquisition opportunities and monitor the on-going yield, operations, and quality of Hersha’s growing portfolio of investment...
Michael K. Handlery the 18th Recipient of the California Hotel & Lodging Association Hall of Fame Award; Honored for Tireless Support of the Lodging I
January 30, 2005
Hotel Online Special Report Michael K. Handlery the 18th Recipient of the California Hotel & Lodging Association Hall of Fame Award Honored for Tireless Support of the Lodging Industry SACRAMENTO, Calif. - Feb. 2, 2005 -- The California Hotel & Lodging Association (CH&LA) inducted Michael K. Handlery, CHA into the CH&LA Hall of Fame last Thursday, in San Francisco at the Hotel Nikko San Francisco. The Hall of Fame award is CH&LA's most prestigious honor, presented to California hoteliers or industry executives recognized for outstanding contributions of leadership, service, and professionalism to the California lod...
MeriStar Hospitality Reports 4th Qtr Net loss of $17.7 million Compared with a Loss of $62.1 million a Year Earlier; RevPAR Up 5.8% in the Quarter / F
January 30, 2005
Hotel Online Special Report MeriStar Hospitality Reports 4th Qtr Net loss of $17.7 million Compared with a Loss of $62.1 million a Year Earlier; RevPAR Up 5.8% in the Quarter ARLINGTON, Va., February 16, 2005 — MeriStar Hospitality Corporation (NYSE: MHX), one of the nation’s largest hotel real estate investment trusts (REIT), today announced financial results for the fourth quarter and year ended December 31, 2004. RevPAR for the company’s comparable hotels in the fourth quarter rose 5.8 percent to $64.62 and for the full year 2004 rose 6.4 percent to $69.81, based on rooms not out-of-service due to renovati...
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January 30, 2005
Hotel Online Special Report Per Aquum Resorts & Spas Appoints Marc Gussing as Director of Operations – Huvafen Fushi, Maldives Maldives, February 7, 2005 – Per Aquum Resorts & Spas is delighted to announce the appointment of Marc Gussing as Director of Operations at Huvafen Fushi in the Maldives. Originally from Sweden, Marc will take on the role of co-ordinating the operations of Food and Beverage, Front Office, Housekeeping, Engineering, Transport and Spa. With over ten years of experience across a range of operational sectors, Marc is more than qualified to ensure the smooth running of the resort and maintain t...
MGM Mirage Reports Lower 4th Qtr Net Income of $67.9 million, Down from $91.7 million the Year Earlier / 2004 Most Profitable Year Ever, Driven by Rec
January 30, 2005
Hotel Online Special Report MGM Mirage Reports Lower 4th Qtr Net Income of $67.9 million, Down from $91.7 million the Year Earlier , 2004 Most Profitable Year Ever, Driven by Record Operating Performances at Bellagio, MGM Grand Las Vegas and Beau Rivage LAS VEGAS, Feb. 1, 2005 - MGM MIRAGE (NYSE: MGG) today reported record fourth quarter and full year financial results for 2004. Adjusted earnings per diluted share ("Adjusted EPS") rose 42% to $0.51 in the fourth quarter of 2004 from $0.36 in the 2003 quarter, representing the Company's best fourth quarter performance in its history. For the full year, the Co...
Marriott International Reports 4th Qtr Net Income of $189 million, Compared to $169 million in 2003; 2004 a Spectacular Year / Hotel Operating Statis
January 30, 2005
Hotel Online Special Report Marriott International Reports 4th Qtr Net Income of $189 million, Compared to $169 million in 2003; 2004 a Spectacular Year Hotel Operating Statistics Marriott International Reports Record Earnings Per Share From Continuing Operations of $2.47 for 2004, up 27 Percent From 2003 2004 incentive management fees increased 30 percent, driven by 10.5 percent (11.5 percent using actual exchange rates) worldwide company-operated revenue per available room (REVPAR) growth and a 130 basis point improvement in worldwide property house profit margins; A record $650 million was re...
M3 Hotel Accounting Completes Cash Management Enhancement / February 2005...
January 30, 2005
Hotel Online Special Report  M3 Hotel Accounting Completes Cash Management Enhancement Gainesville, GA - February 15, 2005 - M3 Hotel Accounting announced today the completion of its latest enhancement: Cash Management Features include: The tracking of deposits, withdrawals, credit card transactions, and money transfers between banks and companies. The processing of ACH payments and the importing credit card deposits and cleared checks. These features are helpful when tracking transactions between companies. Cash Management streamlines checking account reconciliations. ACH has become more popular, so...
Luxe Worldwide Hotels Announces Four New Global Sales Offices / February 2005...
January 30, 2005
Hotel Online Special Report Luxe Worldwide Hotels Announces Four New Global Sales Offices Los Angeles, California - February 22, 2005 - Efrem Harkham, CEO and President of the premiere hotel representation company Luxe Worldwide Hotels, announced today the addition of four new sales and marketing offices in Singapore/Hong Kong, Tokyo, Paris and Mexico City. “We are delighted with these new additions aimed to increase our global presence, “ Harkham says. “These offices are led by professionals who bring us their unique expertise in the hospitality industry. They will greatly enhance Luxe Worldwide’s ability to d...
Lodging Unlimited Lands Contracts for Two New Hotels in Upstate New York / February 2005...
January 30, 2005
Hotel Online Special Report Lodging Unlimited Lands Contracts for Two New Hotels in Upstate New York Morris Lasky’s Chicago-based firm chosen to open and manage Cooperstown and Geneva properties scheduled to debut in June Chicago — (Feb. 24, 2005) — Lodging Unlimited Inc., a Chicago-based full-service management company, has landed management contracts for two new hotels in upstate New York: the Howard Johnson Inn & Suites in Cooperstown and the Hampton Inn in Geneva. Both hotels are under construction and scheduled to open in June. The Cooperstown Howard Johnson is owned by Northern Lights Land Company, LLC., ...
Create Impact by Developing a Link Strategy For Your Hotel Web Site / Neil Salerno / February 2005...
January 30, 2005
Hotel Online Special Report Create Impact by Developing a Link Strategy For Your Hotel Web Site By: Neil Salerno, CHME, CHA – February 2005 One often neglected method of increasing the popularity of your hotel web site and getting a better ranking by search engines is to develop reciprocal link agreements for your site. For those unfamiliar with the term, these are links on your site directed to another site which, in turn, has a link directed to your web site. These reciprocal links can have a powerful impact on the popularity of your web site. Many people feel that it is very clever to post external links (out...
Dolce International Awarded the Management Contract for Lakeway Inn Conference Resort in Austin, Texas by New Owners, Behringer Harvard Funds / Februa
January 30, 2005
Hotel Online Special Report Dolce International Awarded the Management Contract for Lakeway Inn Conference Resort in Austin, Texas by New Owners, Behringer Harvard Funds Montvale, NJ (February 22, 2005) -- Dolce International has been awarded the management contract for Lakeway Inn Conference Resort in Austin, Texas by new owners, Behringer Harvard Funds of Dallas, Texas. The 239-room Lakeway Inn will undergo an extensive re-development and re-positioning over the next 12-18 months. "Lakeway Inn Conference Resort is brimming with potential," said Jon Dooley, Behringer Harvard's senior vice president of ...
Placo Development Planning 200 room Hotel On Lake Norman Near Charolotte, North Carolina / February 2005...
January 30, 2005
Hotel Online News for the Hospitality ExecutiveBy Kathryn Wellin, The Charlotte Observer, N.C.Knight Ridder/Tribune Business News Feb. 12, 2005 - An Iredell County businessman has filed plans with the Mooresville Planning Department for a 17-story hotel on Lake Norman -- complete with condominiums, restaurants, conference space and a nautical museum. Placo Development says 40 condos would top the 200-room hotel. A skywalk, doubling as a nautical museum and aquarium of the 23 fish native to Lake Norman, would connect the hotel to a lakeside restaurant. Developer Burton Gellman's proposal says the restaurant would bring 40 jobs to the ...
Orient-Express Hotels Reopens La Residencia on Mallroca after Extensive Refurbishments / February 2005...
January 30, 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 Orient-Express Hotels Reopens La Residencia on Mallroca after Extensive Refurbishments NEW YORK, NY (February 8, 2005) - La Residencia, the idyllic hideaway in the north west of the Spanish island of Mallorca, celebrates its 21st anniversary this year and has just reopened its doors following a three-month closure. ...
Grupo Posadas Selects LRA Worldwide to Conduct Customer Satisfaction and Loyalty Research / February 2005...
January 30, 2005
Hotel Online Special Report Grupo Posadas Selects LRA Worldwide to Conduct Customer Satisfaction and Loyalty Research LRA to Conduct eSurvey Program for Latin America’s Leading Hotel Company MEXICO CITY, Mexico / HORSHAM, Pennsylvania; February 9, 2005 – Grupo Posadas, S.A. de C.V., the leading hotel company in Latin America, has chosen LRA Worldwide to design and implement a Guest Satisfaction and Loyalty research program for its 87 hotel and resort properties in Mexico, Argentina and Brazil. LRA will administer the innovative “eSurvey” product via e-mail to guests immediately post-stay. LRA was selected for...
