Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
WestCoast Hospitality Corporation Selling 11 Hotels; Will Use Proceeds to Make Improvements to 31 Red Lion Hotels / November 2004
April 30, 2004
Hotel Online Special Report WestCoast Hospitality Corporation Selling 11 Hotels; Will Use Proceeds to Make Improvements to 31 Red Lion Hotels SPOKANE, Wash., Nov. 29, 2004 - WestCoast Hospitality Corporation (NYSE: WEH) today announced it will invest $40 million to revitalize Red Lion Hotels throughout the company's 12-state and British Columbia operating region -- one of the most significant facility improvement programs in company history. The investment will enhance 31 hotels, accelerating WestCoast's ongoing program to improve hotel quality by increasing customer comfort, freshening decor and mod...
Wyndham Reports 3rd Qtr Loss of $15.6 million vs Loss of $89.1 for Prior Year; Total Debt Now $2.25 billion, a Reduction of $250.0 million from 2nd Q
April 30, 2004
Hotel Online Special Report Wyndham Reports 3rd Qtr Loss of $15.6 million vs Loss of $89.1 for Prior Year; Total Debt Now $2.25 billion, a Reduction of $250.0 million from 2nd Qtr 2004 / Hotel Operating Performance Wyndham International Reports Third Quarter 2004 Results DALLAS - Nov. 9, 2004--Wyndham International (AMEX:WBR): Results Summary: EBITDA, as adjusted, for the quarter was $43.7 million, consistent with previous guidance adjusted for asset sales, and notwithstanding lost business sustained from four hurricanes that impacted Florida and the Caribbean during the quarter. Wyndham reported a ne...
April 30, 2004
Hotel Online Special Report Its a Hat Trick! Three, Competing Resorts in Brainerd, Minnesota Choose Visual One Systems! - V1s powerful software integration overcomes sites fierce competition ROCKVILLE, MD (USA) November 30, 2004 Visual One Systems Corporation, a supplier of management software to the hospitality industry since 1977, will be installing their property management, sales & catering, restaurant POS, retail POS, spa reservations, golf course management, condominium accounting, activity scheduler, dining room reservation software, and interfaces to other systems at three, competing resorts in ...
Ken Brown Joins VingCard Elsafe As SVP Marketing and Sales, North America / November 2004
April 30, 2004
Hotel Online Special Report Ken Brown Joins VingCard Elsafe As SVP Marketing and Sales, North America Former managing director of EDS, Brown brings technology and customer-service culture to leading manufacturer of electronic-locks and in-room safes DALLAS - NOVEMBER 14, 2004 - To support its ongoing commitment to customer service and to help grow its portfolio of electronic-locking systems and in-room safe solutions for hotels and resorts in North America, VingCard Elsafe welcomes Ken Brown to the position of Senior Vice President, Marketing and Sales. Brown comes to VingCard Elsafe from Electronic Data System...
Hotel Performance Heats Up in Hanoi and Ho Chi Minh / November 2004
April 30, 2004
Hotel Online Special Report Hotel Performance Heats Up in Hanoi and Ho Chi Minh November 2004 - Vietnam, a country rich in cultural heritage and history continues to lure tourists from all corners of the globe. The country's stable political and economic conditions, combined with a number of government initiatives are making the country an attractive destination for both tourists and investors. According to the HotelBenchmark Survey by Deloitte year-to-September 2004 figures show that both Hanoi and Ho Chi Minh have seen significantly stronger growth in revenue per available room (revPAR) than South-East Asia as ...
Vantis Gets Aggressive, Applies Travel Agent Incentives, GDS Promotions to Pull Guests to Golf Destinations / November 2004
April 30, 2004
Hotel Online Special Report Vantis Gets Aggressive, Applies Travel Agent Incentives, GDS Promotions to Pull Guests to Golf Destinations The Celtic Manor Resort, Ryder Cup Venue in 2010, and Brookstreet Hotel in Ottawas Silicon Valley North, Partner with Vantis November 3, 2004 - The Celtic Manor Resort is one of Europes leading convention, golf and leisure destinations. It boasts a 400 bedroom Five-Star hotel, a 1500-delegate Convention Center with dedicated exhibition hall, three Trent Jones-designed championship golf courses, including the first Academy Course in Europe, two health clubs and spa. This...
April 30, 2004
Hotel Online Special Report Vantis Launches Package Select Dynamic Online Booking Engine Deerhurst Resort Guests Add Services and Amenities to Hotel Reservations from Deerhursts Website with Package Select Calgary, Alberta, Canada November 23, 2004 Vantis today announced the rollout of Package Selecttm, a dynamic new online booking engine for hotel websites. The innovative products advanced capabilities allow hotels to link profitable services and amenities to online room reservations. Additionally, shoppers may add personal requirements, such as event tickets and in-room dining, quickly and co...
Unite Here Los Angeles Hotel Workers Call for Boycott of Nine Luxury Hotels as Contentious Labor Talks Continue / November 2004
April 30, 2004
Hotel Online Special Report Unite Here Los Angeles Hotel Workers Call for Boycott of Nine Luxury Hotels as Contentious Labor Talks Continue Los Angeles -- November 10, 2004 - Elected officials, community groups and clergy vow to honor request "to avoid eating, meeting or sleeping" at hotels in labor dispute to put financial pressure on the Hotel Employers Council, comprised of nine luxury hotels in the city. Until date, without a boycott announcement, hotels have lost approximately $1 million dollars since the labor dispute began last Spring. The hotels affected by the boycott are: Millennium Biltmore, ...
Donald Trump Drives Trump Hotels and Casinos into Second Bankruptcy, Bondholders Ge t Haircut, Shareholders Almost Wiped Out; Trump to Collect a $2
April 30, 2004
Hotel Online News for the Hospitality ExecutiveThe Record, Hackensack, N.J.Knight Ridder/Tribune Business News Nov. 23, 2004 - "I'm the biggest developer in New York! I have the No. 1 show on television! The Trump brand is so hot, I want to make the casino company as hot as everything else is!" That was Donald J. Trump on the phone Monday, talking about how a Chapter 11 bankruptcy filing was a good move for his Atlantic City-based casinos. So good, in fact, that if a federal judge approves, Trump will stay on as chairman of Trump Hotels & Casino Resorts, hold most of the stock and collect a $2 million yearly salary. The paperwork, fi...
Morgan Stanley and Beal Bank Believe Trump's Three Atlantic City Casinos a Good Bet; Providing $600 million to Refurbish / November 2004
April 30, 2004
Hotel Online News for the Hospitality ExecutiveBy Suzette Parmley, The Philadelphia InquirerKnight Ridder/Tribune Business News Nov. 17, 2004 - Donald J. Trump's casino operations are expected to file for Chapter 11 bankruptcy as early as Monday, as part of an effort to upgrade his Atlantic City gaming properties and refinance $1.8 billion in debt. It will be Trump's second attempt since August to turn around his casinos. The first ended in late September when the developer and reality TV star halted negotiations with Credit Suisse First Boston and began looking for new investors. Under a new refinancing plan announced last month, Mo...
Toftrees Resort and Conference Center Acquired by State College, PA Businessmen; Appoint Shaner Hotel Group to Manage / November 2004
April 30, 2004
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 Toftrees Resort and Conference Center Acquired by State College, PA Businessmen; Appoint Shaner Hotel Group to Manage STATE COLLEGE, Penn. - (November 18, 2004) - A group of leading businessmen with strong ties to State College have acquired control of the historic Toftrees Resort and Conference Center and named lo...
Tishman Realty Affiliates and JPMorgan Fleming Acquire the 362 suite Renaissance Chicago O'Hare Hotel; The Hotel Was Completed in 2003, But Neve
April 30, 2004
Hotel Online Special Report Tishman Realty Affiliates and JPMorgan Fleming Acquire the 362 suite Renaissance Chicago O'Hare Hotel . The Hotel Was Completed in 2003, But Never Opened Under Original Ownership CHICAGO, November, 2004 OHare Chicago Hotel LLC, a partnership comprised of affiliates of Tishman Realty Corporation and JPMorgan Fleming Asset Management on behalf of its institutional clients, recently closed on the purchase of the 362-suite Renaissance Chicago O'Hare Hotel. The hotel was completed in 2003, but never opened under its original ownership. With the new ownership team now in place, ...
Tianjin Binhai Mass Transit Development Co. Ventures with InterContinental Hotels on the 250 room Holiday Inn Binhai Tianjin / November 2004
April 30, 2004
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 Tianjin Binhai Mass Transit Development Co. Ventures with InterContinental Hotels on the 250 room Holiday Inn Binhai Tianjin November 8, 2004 - InterContinental Hotels Group establishes the award-winning Holiday Inn brand in Tianjin in the Tianjin Economic and Development Area (TEDA), Tianjins business and economi...
The Softwear Group Introduces Exciting New Line of Plug & Play Components Based on OpenTravel Alliance Schema / November 2004
April 30, 2004
Spot Light International Hotel/Motel & Restaurant Show The Softwear Group Introduces Exciting New Line of Plug & Play Components Based on OpenTravel Alliance Schema Booth # 3347 WICHITA, KANSAS, November 13, 2004 At the International Hotel/Motel & Restaurant Show held in New York, New York, USA, The Softwear Group introduces an exciting new line of business software components that allow hotels to leverage technology advances to dramatically improve the guest experience. The Attribute Inventory Manager, AIM, allows a property to inventory room attributes (amenities) so that as guests make requests they can be ...
The Softwear Group Introduces Exciting New Line of Plug & Play Components Based on OpenTravel Alliance Schema / November 2004
April 30, 2004
Spot Light International Hotel/Motel & Restaurant Show The Softwear Group Introduces Exciting New Line of Plug & Play Components Based on OpenTravel Alliance Schema Booth # 3347 WICHITA, KANSAS, November 13, 2004 At the International Hotel/Motel & Restaurant Show held in New York, New York, USA, The Softwear Group introduces an exciting new line of business software components that allow hotels to leverage technology advances to dramatically improve the guest experience. The Attribute Inventory Manager, AIM, allows a property to inventory room attributes (amenities) so that as guests make requests they can be ...
Carlson Hotel's Regent Brand Tries for Comeback in Thailand Market / November 2004
April 30, 2004
Hotel Online News for the Hospitality ExecutiveBy Boonsong Kositchotethana, Bangkok Post, ThailandKnight Ridder/Tribune Business News Nov. 26, 2004 - Carlson Hotels Worldwide is aggressively relaunching its Regent brand -- absent from Thailand since November 2003 -- as part of a strategy aimed at rebuilding its local profile. The Minnesota-based group has struck a deal that will put Regent, its flagship five-star brand, back onto the Thai skyline with a 20-year agreement to run a four-billion-baht luxury hotel and residence on Sukhumvit Road, in front of the old Ambassador Hotel next to Soi 13, for Grande Asset Plc. Carlson has also ...
Sheraton World Resort Orlando to Install ExpressNet® AirLink; Over 1100 Guestrooms Plus Meeting Rooms Get Teledex High Speed Internet Solution / N
April 30, 2004
Hotel Online Special Report Sheraton World Resort Orlando to Install ExpressNet® AirLink . Over 1100 Guestrooms Plus Meeting Rooms Get Teledex High Speed Internet Solution New York, NY - November 16, 2004 --- Teledex announced today at the 2004 International Hotel/Motel and Restaurant Show that its innovative ExpressNet AirLink high-speed Internet access (HSIA) solution is being installed at the luxurious Sheraton World Resort in Orlando, Florida. ExpressNet AirLink will deliver simultaneous wireless and wired high-speed Internet access to over 1,100 guestrooms at this sprawling resort property, as well as meeti...
Teledex Wins 2004 Editors' Choice Award at IH/M&RS for ExpressNet® AirLink AirLink Voted Best New Technbology Product at Annual Trade Show a
April 30, 2004
Hotel Online Special Report Teledex Wins 2004 Editors' Choice Award at IH/M&RS for ExpressNet® AirLink . AirLink Voted Best New Technbology Product at Annual Trade Show and Conference New York, NY - November 16, 2004 --- Teledex announced today at the 2004 International Hotel/Motel and Restaurant Show that it has won the prestigious Editors' Choice Award for Best New Technology Product for its innovative ExpressNet AirLink high-speed Internet access solution. Over 130 entries in six categories competed for top honors at this annual trade show and conference, the industry's largest such event. The awards were annou...
TeleAdapt Brings In-Room Revenue Generating Solutions to IH/M&RS 2004 / November 2004
April 30, 2004
Spot Light International Hotel/Motel & Restaurant Show TeleAdapt Brings In-Room Revenue Generating Solutions to IH/M&RS 2004 Booth # 3187 New York, NY, November 11, 2004 - TeleAdapt, the global provider of connectivity solutions and retail consumer products introduces its retail product line to the hospitality sector at IH/M&RS 2004. The line was developed to increase guest revenues by attracting the gadget impulse shopper and assisting the business traveler in need of a replacement item. The product line for hospitality sales are packaged to optimize space and are ideal for sale from the hotel minibar, souvenir shop,...
TeleAdapt Bridges the Gap Between Wired and Wireless Networks / November 2004
April 30, 2004
Spot Light International Hotel/Motel & Restaurant Show TeleAdapt Bridges the Gap Between Wired and Wireless Networks Booth # 3187 New York, NY, November 09, 2004 TeleAdapt bridges the wired to wireless networking issues, allowing those less wireless to access a wireless network. The DeskBridge is the only networking hospitality device on the market that puts out the welcome mat for Ethernet only laptops. Capturing the Wi-Fi signal from your Hot Spot, the DeskBridge makes your propertys wireless network accessible via a retractable RJ45 cable. The DeskBridge is fully compatible with both IEEE 802.11b a...
Caesars Tahoe Casino Resort to be Acquired by Columbia Sussex Corporation for Approximately $45 million / November 2004
April 30, 2004
Hotel Online Special Report Caesars Tahoe Casino Resort to be Acquired by Columbia Sussex Corporation for Approximately $45 million LAS VEGAS - Nov. 19, 2004 -- Caesars Entertainment Inc., (NYSE: CZR) today announced that it has entered into a definitive agreement to sell its Caesars Tahoe casino resort to an affiliate of Columbia Sussex Corporation, a hotel, resort and casino operator based in Fort Mitchell, Kentucky, for approximately $45 million. The purchase agreement with Columbia Sussex is subject to the right of the owner of the land on which the Caesars Tahoe property is located to purchase the property on ...
Tim D. Smith Promoted to Vice President, Operations at Delaware North Companies Parks & Resorts at Yosemite / November 2004
April 30, 2004
Hotel Online Special Report Tim D. Smith Promoted to Vice President, Operations at Delaware North Companies Parks & Resorts at Yosemite BUFFALO, N.Y. (Nov. 22, 2004) Delaware North Companies is pleased to announce the appointments of several new additions to the Delaware North Companies Parks & Resorts management team. Tim D. Smith has been promoted to vice president, operations at Delaware North Companies Parks & Resorts at Yosemite. Smith joined the Yosemite management team nearly two years ago as director of hotels. He has more than 23 years of hospitality management experience, including management p...
Timothy L. Loughman Named Managing Director for Winston-Salem Hotels and Convention Center Complex / November 2004
April 30, 2004
Hotel Online Special Report Timothy L. Loughman Named Managing Director for Winston-Salem Hotels and Convention Center Complex Noble Investment Group Names Executive Management Team ATLANTA, Ga., November 30, 2004 Noble Investment Group, one of the hospitality industrys leading owner/operators of upscale and premium branded hotels, today named three executive management team key members for its newly acquired properties in Winston-Salem, N.C. Timothy L. Loughman has been named managing director of the complex that includes the Benton Convention Center and the Adams Mark hotel, which is currently ...
2004 is the Year of Recovery the Travel Industry Has been Waiting For; Some Sectors Finally Exceeding 2000 Levels / November 2004
April 30, 2004
Hotel Online Special Report 2004 is the Year of Recovery the Travel Industry Has been Waiting For; Some Sectors Finally Exceeding 2000 Levels PHOENIX and SCOTTSDALE, Ariz., Oct. 29, 2004 - After years of little travel volume growth combined with significantly lower travel spending, this is the year of recovery the travel industry has been waiting for. It's the first year since 2000 that all travel industry sectors are showing increases in demand, with some finally exceeding 2000 levels. But some sectors remain troubled by weak revenues. Attendees at the Travel Industry Association of America's (TIA's)...
