Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
The Hard Fought Settlement Between the Royal Palm Crowne Plaza Hotel and Miami Beach Over Construction Costs May Be in Jeopardy / November 2004
April 30, 2004
Hotel Online News for the Hospitality ExecutiveBy Douglas Hanks III, The Miami HeraldKnight Ridder/Tribune Business News Nov. 11, 2004 - The hard-fought settlement between the Royal Palm Crowne Plaza hotel and Miami Beach over construction costs may be in jeopardy, a development that could bring significant complications for the subsidized resort. A year after both sides declared the dispute resolved, developer R. Donahue Peebles still has not signed the settlement agreement that allows the Royal Palm to delay rent payments to Miami Beach and convert part of the hotel into condominium units, City Manager Jorge Gonzalez said. The deal...
The Ritz-Carlton Palm Beach Completes Repairs and Renovations After Hurricane Closure; 450 Employees Back to Work / November 2004
April 30, 2004
Hotel Online News for the Hospitality ExecutiveBy Tom Stieghorst, South Florida Sun-SentinelKnight Ridder/Tribune Business News Nov. 23, 2004 - After a nearly three-month gap, guests once again are checking into the Ritz-Carlton Palm Beach hotel in Manalapan, which closed on Sept. 2 as Hurricane Frances approached and decided to remain closed after damage from that storm and Hurricane Jeanne. The 270-room Ritz reopened Monday with most rooms occupied for the four-day Thanksgiving Day weekend. With a few exceptions, nearly all of the Palm Beach County hotels that closed after Jeanne have reopened. The Jupiter Beach Resort is not schedu...
Vail Resorts Selling its Share of the Ritz-Carlton Hotel at Bachelor Gulch / November 2004
April 30, 2004
Hotel Online News for the Hospitality ExecutiveBy Jason Blevins, The Denver PostKnight Ridder/Tribune Business News Nov. 30, 20o4 - Vail Resorts is selling its share of the Ritz-Carlton hotel at Bachelor Gulch, one of Colorado's toniest. Money generated from the sale of the 49 percent stake could pay down the Avon-based company's debt or help it finance the $500 million renovation plans at its property in the town of Vail, 10 miles east of Bachelor Gulch. The company will make the announcement soon, people familiar with the transaction said. The buyer is Continental Gencom Holdings, which is controlled by Karim Alibhai, a Miami real es...
Heritage Hotels and Resorts CEO Jim Long's Strategy – Buy Hotels Losing Money in Regions Rich with History / November 2004
April 30, 2004
Hotel Online News for the Hospitality ExecutiveBy Lynda Edwards, The Arizona Daily Star, TucsonKnight Ridder/Tribune Business News Nov. 20, 2004 - Heritage Hotels and Resorts CEO Jim Long sees himself as a turnaround artist who transforms hotel beasts bleeding money into profitable beauties. Long just completed a $5.5 million renovation of his first Arizona acquisition, Rio Rico Resort & Country Club. The resort, about 45 miles south of Tucson, is now named Esplendor Resort. A $9,000 antique Peruvian table and a 200-year-old fertility chair carved with lions and pregnant women are now centerpieces in Esplendor's lobby. Bricks colored...
Hilton Garden Inn San Leandro Achieved 20-Percent Increase in RevPAR Since Management Takeover by Richfield / November 2004
April 30, 2004
Hotel Online Special Report Hilton Garden Inn San Leandro Achieved 20-Percent Increase in RevPAR Since Management Takeover by Richfield Management companys unique Revenue Management and e-Commerce Division generates quick upturn in RevPAR and profits for this California Hilton Garden Hotel brand DENVER November 30, 2004 If you want to be a leader in revenue per available room within your competitive set, then perhaps its time to enlist the services of Richfield Hospitality and its dedicated Revenue Management and e-Commerce Division. In the first four months after taking over management of the property...
Four Points by Sheraton® Pittsburgh Retains Richfield to Reposition, Manage Property / November 2004
April 30, 2004
Hotel Online Special Report Four Points by Sheraton® Pittsburgh Retains Richfield to Reposition, Manage Property Suzan Collins, new Richfield Corporate Director of Sales and Marketing, will support the Pittsburgh property through sales, e-marketing and revenue management in order to increase top-line revenues DENVER November 1, 2004 Richfield Hospitality, Inc., a company that provides a full complement of successful management services to a broad range of limited-service, full-service and resort hotels, has been retained by RIYA Pittsburgh LLC to manage its Four Points by Sheraton hotel in Pittsburgh, Pa. ...
Multi-million dollar Renovation of the Embassy Suites in Flagstaff, Arizona, and the Embassy Suites – Phoenix Airport Completed / November 2004
April 30, 2004
Hotel Online Special Report Multi-million dollar Renovation of the Embassy Suites in Flagstaff, Arizona, and the Embassy Suites - Phoenix Airport Completed DALLAS, Nov. 18, 2004 - Remington Hotel Corporation announced it has completed the multi-million dollar renovation of the Embassy Suites in Flagstaff, Arizona, and the Embassy Suites - Phoenix Airport in Phoenix, Arizona. As part of its project management assignment, Remington performed the purchasing as well as oversaw design and construction of the simultaneous renovations. Mark Sharkey, Chief Operating Officer of Remington, stated, "We embarked on this pr...
April 30, 2004
Hotel Online Special Report Ramada Repositioning Includes Termination of Thousands of Substandard Rooms; Improving Overall Product Quality a Priority to Ensure Brands Competitiveness PARSIPPANY, N.J. (Nov. 8, 2004) Cendant Corporations Hotel Group today announced a multimillion-dollar repositioning of its Ramada brand aimed at improving overall product quality, guest experience and value to ensure its future growth and competitiveness in the mid-market segment. The repositioning will entail significant enhancements including a new Ramada logo and signage, a new prototype, upgraded standards and amenities, ...
The 249 room Ramada Inn KCI, near Kansas City International Airport, Files Chapter 7 Bankruptcy / December 2004
April 30, 2004
Hotel Online News for the Hospitality ExecutiveBy Dan Margolies, The Kansas City Star, Mo.Knight Ridder/Tribune Business News Dec. 1, 2004 - KANSAS CITY, Mo. -- The Ramada Inn KCI, an 11-story, 249-unit hotel near Kansas City International Airport, filed Tuesday for Chapter 7 bankruptcy to stave off foreclosure. The hotel closed its doors about a month ago after its mortgage lender, Point Center Financial Inc. of San Juan Capistrano, Calif., moved for the appointment of a receiver. The hotel's owner, KC Hotel LLC, owes Point Center more than $2 million. The hotel's bankruptcy attorney, Neil Sader, said KC Hotel was obtaining refinanci...
The ES Hotel in Rome Being Re-branded as the Radisson SAS Rome / 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 The ES Hotel in Rome Being Re-branded as the Radisson SAS Rome Brussels, November 2004 Rezidor SAS, the Brussels-based multi-brand hospitality company, announces that it has signed a management agreement with the ES Hotel in Rome to convert and re-brand the hotel Radisson SAS. The hotel is located in the center...
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 Rocco Forte Hotels Appoints Stuart Johnson General Manager of Browns Hotel in London LONDON, Nov. 4, 2004 Richard Power, managing director for Rocco Forte Hotels, has announced the appointment of Stuart Johnson as general manager of Browns Hotel in London. He will assume his new role in January 2005. J...
R. Donahue Peebles Poised to Sell the Royal Palm Crowne Plaza Resort to The Falor Companies; Sale Would Mark End of a High-profile Venture / Decemb
April 30, 2004
Hotel Online News for the Hospitality ExecutiveThe Miami HeraldKnight Ridder/Tribune Business News Nov. 30, 2004 - The owner of the Royal Palm Crowne Plaza Resort, the key concession that ended a three-year black tourist boycott of Miami-Dade County, has signed a contract to sell it to a white-owned hotel development company, according to documents obtained by The Herald. The deal, which could face significant hurdles, calls for R. Donahue Peebles to sell the oceanfront resort for $128 million and pay back city subsidies requiring black ownership. Industry experts said the price would be the highest ever paid for a Miami Beach hotel....
Randy Parker Is New Director of Sales and Marketing at The Fairmont Orchid, Hawaii / 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 Randy Parker Is New Director of Sales and Marketing at The Fairmont Orchid, Hawaii Kohala Coast, Hawaiis Big Island, November 2004 - The Fairmont Orchid, a luxury hotel located in the prestigious Mauna Lani Resort, has a new Director of Sales and Marketing: Mr. Randy Parker. Mr. Parker was born and raised on Oahu,...
Notice of Request for Qualification to Provide Management Services for Two Resorts and Golf Clubs / November 2004
April 30, 2004
Hotel Online Special Report Notice of Request for Qualification to Provide Management Services for Two Resorts and Golf Clubs November 5, 2004 - This Request for Qualification ("RFQ") prepared by PKF Consulting, Inc. on behalf of the North Georgia Mountains Authority (the Authority) within the Georgia Department of Natural Resources, contains information concerning the opportunity to provide management services for the Lake Blackshear Resort and Golf Club in Georgia Veterans State Park, Cordele, GA, and Brasstown Valley Resort in Young Harris, GA (together, the Resorts). Interested parties should submit three (3...
Financier Richard Alter to Invest $400 million in Las Vegas Alexis Park Site, Plans 1,500-room Resort / November 2004
April 30, 2004
Hotel Online News for the Hospitality ExecutiveBy Howard Stutz, Las Vegas Review-JournalKnight Ridder/Tribune Business News Nov. 26, 2004 - Los Angeles financier Richard Alter once had designs on owning an upscale Strip resort. But instead of purchasing any Las Vegas Boulevard address, Alter discovered a property where he could build a resort of the future, a little more than one mile east of Las Vegas Boulevard. Alter and his partner spent $62 million in May to purchase Alexis Park, a nongaming hotel on Harmon Avenue. He acquired a property that not only needed some cosmetic enhancements, but also an optimistic transfusion of owners...
Westin Hotel in Providence, R.I., Receives Bids from 15 Suitors / November 2004
April 30, 2004
Hotel Online News for the Hospitality ExecutiveBy Andrea L. Stape, The Providence Journal, R.I.Knight Ridder/Tribune Business News Nov. 24, 2004 - PROVIDENCE, R.I. -- Fifteen international, national and local companies have officially offered to buy the state-owned Westin Providence and build a new hotel tower next to it. The Rhode Island Convention Center Authority, which oversees the Westin, put the four-star hotel on the market in September. The authority started officially considering the bids yesterday during a closed session of its monthly board meeting. The names of the suitors have not been released to the public. The authori...
Circus Circus Adds Protect-A-Bed to 4,000 Beds; Ultimate Mattress Protection Provides Comfortable Sleep / November 2004
April 30, 2004
Hotel Online Special Report Circus Circus Adds Protect-A-Bed to 4,000 Beds . Ultimate Mattress Protection Provides Comfortable Sleep Bala-Cynwyd, PA, November 12, 2004 Protect-A-Bed, the ultimate in mattress and pillow protection, announced today that Circus Circus has covered 4,000 mattresses and is in the process of covering all of the mattresses within the hotel with a Protect-A-Bed mattress protector. Circus Circus hotel and resort manager, Tim Barnett commented, Our mission is to be the number one resort choice of families due to our superior comfort, cleanliness of our rooms, and superb entertainment. Pr...
Prospera Hospitality Forms Joint Venture with The Elmhurst Group; Elmhurst Investing $12 million in Transforming the Ramada Plaza Suites and Conferenc
April 30, 2004
Hotel Online Special Report Prospera Hospitality Forms Joint Venture with The Elmhurst Group . Elmhurst Investing $12 million in Transforming the Ramada Plaza Suites and Conference Center into the Doubletree Hotel Pittsburgh City Center PITTSBURGH Nov. 16, 2004 Prospera Hospitality, a Pittsburgh-based management company providing more than 100 collective years of hotel and resort experience, announces today a joint venture has been formed with The Elmhurst Group, also of Pittsburgh. Elmhurst is a regional real estate developer looking to expand nationally in the hospitality industry. Elmhurst secured an ...
Preferred Hotels® & Resorts Worldwide Adds Six Independent Hotels to its Portolio / November 2004
April 30, 2004
Hotel Online Special Report Preferred Hotels® & Resorts Worldwide Adds Six Independent Hotels to its Portolio CHICAGO, November 15, 2005 - Preferred Hotels® & Resorts Worldwide, a luxury brand representing 128 of the world's finest independently owned and operated hotels and resorts, announced today it has added six new hotels to its brand, further increasing its portfolio which is renowned for its individuality, authenticity and personality. These new hotels stretch from West to East with new properties in Hawaii, Chicago, New York, Paris and Greece. Turtle Bay Resort, Oahu, Hawaii Turtle Bay Resort has just reo...
FCC Adopts Rules for Broadband over Power Lines to Increase Competition; Telkonet Comments / November 2004
April 30, 2004
Hotel Online Special Report FCC Adopts Rules for Broadband over Power Lines to Increase Competition; Telkonet Comments Telkonet Comments on FCC's Milestone Decision to Affirm Widespread Deployment of Broadband over Powerlines Decision Expected to Accelerate Adoption of Broadband over Powerline Technology Germantown, MD November 1, 2004 - Telkonet, Inc. (Amex: TKO), the leader in providing in-building broadband access over existing electrical wiring, commented today on the recent groundbreaking decision by the Federal Communications Commission to affirm the widespread deployment of Broadband over Po...
Portfolio Hotels and Resorts Launches as New Management and Consulting Company / November 2004
April 30, 2004
Hotel Online Special Report Portfolio Hotels and Resorts Launches as New Management and Consulting Company CHICAGO November 10, 2004 In line with the hospitality industrys cell-splitting process of growing new companies, Coastal Hotel Groups founders Helmut Horn and Graham Hershman, together with Coastals former Vice President of Marketing, Ralph Aruzza, have formed Portfolio Hotels and Resorts. Portfolios new DNA will undoubtedly showcase the trios industry recognized abilities, skillfully managing to significantly enhance value within narrow timeframes and tight budgets. Portfolio will manage signature...
The U. S. Department of Labor Sues Plumbers Union for Diverting More than $36 million in Employee Benefit Plan Assets to Renovate and Operate the Kono
April 30, 2004
Hotel Online Special Report The U. S. Department of Labor Sues Plumbers Union for Diverting More than $36 million in Employee Benefit Plan Assets to Renovate and Operate the Konocti Harbor Resort and Spa on Clear Lake in Kelseyville, California WASHINGTON, Nov. 22, 2004 - The U. S. Department of Labor sued current and former trustees, the plan administrator, and Local 38 of the United Association of Plumbers, Pipefitters and Journeymen for diverting more than $36 million in assets of five employee benefit plans to renovate and operate the Konocti Harbor Resort and Spa facilities on Clear Lake in Kelseyville, Calif...
No Shortage of Takers for Condos on Top Floors of New York's Plaza and St. Regis Hotels / November 2004
April 30, 2004
Hotel Online News for the Hospitality ExecutiveDaily News, New YorkKnight Ridder/Tribune Business News Nov. 28, 2004 - How much would you pay to live 24/7 like a pampered guest at The Plaza hotel? Try $3 million -- for a cozy one-bedroom apartment. The world's rich and famous are lining up to fork over $3,000 per square foot for condos at the famed hotel and at the St. Regis just steps down Fifth Ave., New York magazine reports in its upcoming issue. "I must've had a hundred calls," Dolly Lenz, a broker with the Douglas Elliman agency, told the magazine. Sheiks, European princes and assorted multimillionaires will get one of the most pr...
Pinnacle Realty Investments Continues to Execute on Behalf of its Clients Nationwide / November 2004
April 30, 2004
Hotel Online Special Report Pinnacle Realty Investments Continues to Execute on Behalf of its Clients Nationwide November 17, 2004 - PRI acted as the Exclusive Advisor for Cornerstone Real Estate Advisers, a subsidiary of Massachusetts Mutual Insurance Company, in the sale of the 215 room Omni Indianapolis North Hotel in Indiana to HEI Hospitality, a privately held hospitality investment firm. PRI acted as the Exclusive Advisor to Lehman Brothers in the sale of the 285 room Hilton Hotel in Beaumont, Texas to a local investor. PRI acted as the Exclusive Advisor to Wellesley Inn Incorporated in the sale of the Wellesley I...
