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Host Marriott Enters Into an Agreement to Sell 85% of its Courtyard Joint Venture Interest for Approximately $92 Million; Proceeds Targeted for Luxury
April 30, 2004
Hotel Online Special Report Host Marriott Enters Into an Agreement to Sell 85% of its Courtyard Joint Venture Interest for Approximately $92 Million; Proceeds Targeted for Luxury Hotel Acquisitions BETHESDA, Md., Dec. 15, 2004 -Host Marriott (NYSE: HMT) and Marriott International, Inc. (NYSE: MAR) today announced the signing of a purchase and sale agreement with Sarofim Realty Advisors ("Sarofim"), on behalf of an institutional investor, where Sarofim will acquire a majority interest in the Courtyard joint venture. Sarofim's initial equity investment will be used to acquire approximately 85% of Host Marriot...
Hampton Opens Five Hotels and Breaks Ground on 12 New Hotels in October and November 2004 / December 2004...
April 30, 2004
Hotel Online Special Report Hampton Opens Five Hotels and Breaks Ground on 12 New Hotels in October and November 2004 MEMPHIS, Tenn., December 9, 2004Hampton, the national brand of more than 1,270 mid-priced Hampton Inn® and Hampton Inn & Suites® hotels, announced the opening of five Hampton hotels in October and November 2004, representing 508 new rooms. The five new openings are all Hampton Inn & Suites hotels and each property is a franchised new-build with the exception of one conversion. The brand also announced it has broken ground on 12 new hotels during the past two months, including its 16th Canadi...
HTNG In-Room Technology Group Sets Goals for First Phase Deliverables; Deployment of Telephony, Entertainment Systems, and Guest Internet Access on a
April 30, 2004
Hotel Online Special Report HTNG In-Room Technology Group Sets Goals for First Phase Deliverables; - Deployment of Telephony, Entertainment Systems, and Guest Internet Access on a Common Network Infrastructure CHICAGO (December 12, 2004) -- Hotel Technology Next Generation (HTNG) announced today that the 21 leading hotel and technology vendors who are participating in its In-Room Technology Workgroup have completed their organizational phase, formed working teams, and established objectives for initial deliverables. These tasks were accomplished at the first face-to-face meeting, held on November 3...
Hospitality Properties Trust Acquiring 13 Hotels for $450 million from InterContinental Hotels Group; Includes 4 InterContinental Hotels / December 20
April 30, 2004
Hotel Online Special Report Hospitality Properties Trust Acquiring 13 Hotels for $450 million from InterContinental Hotels Group; Includes 4 InterContinental Hotels NEWTON, Mass. - Dec. 17, 2004 -- Hospitality Properties Trust (NYSE: HPT) today announced that it has agreed to purchase 13 hotels for $450 million. The 13 hotels to be purchased include four (4) full service luxury InterContinental Hotels, four (4) full service upscale Crowne Plaza Hotels, three (3) full service Holiday Inn Hotels and two (2) upscale, extended stay, all suites Staybridge Suites Hotels. These hotels have 3,946 rooms/suites and...
United Management Adds $1 million Water Park to Grand Forks Holiday Inn; Developed with Little Guidance from InterContinental Hotels Group / Decemb
April 30, 2004
Hotel Online News for the Hospitality ExecutiveBy Tu-Uyen Tran, Grand Forks Herald, N.D.Knight Ridder/Tribune Business News Dec. 7, 2004 -A new water park will be opening in Grand Forks this month, but it's not the one you might be thinking of. While Canad Inns' water park by the Alerus Center isn't expected to open for another year, Holiday Inn has been working on a smaller water park since early summer with the aim of opening it in time for the World Junior Hockey Championship. The 7,000-square-foot indoor water park replaces Holiday Inn's pool in the atrium. Manager Deb Steding said it's part of the hotel's general renovation since ...
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April 30, 2004
Hotel Online Special Report Coast Casinos Direct Connects to Expedia and Hotels.com via Hotel Information Systems epitome Interface to Save Time and Money Technology Streamlines More Than 30,000 Coast Casinos Reservations Booked Annually on Expedia BELLEVUE, Wash. December 14, 2004 Coast Casinos became the first hotel chain to install Expedia®s direct connect interface into its Hotel Information Systems epitome for iSeries property management system (PMS). The technology streamlines the reservations process for more than 30,000 bookings made annually on Expedia across all four Coast Casinos properties i...
Park Hyatt Chicago Chooses GuestWare to Power Call Center; Hotel is Seventh Hyatt Branded Hotel to Select Industry Leading CRM Solution / December 20
April 30, 2004
Park Hyatt Chicago Chooses GuestWare to Power Call Center; Hotel is Seventh Hyatt Branded Hotel to Select Industry Leading CRM Solution CHICAGO December 8, 2004 The Park Hyatt Chicago, a 200-room hotel located in the heart of the Windy City, has selected GuestWare customer relationship management (CRM) software to power its new communication center. Park Hyatt personnel will use GuestWares CRM solution to respond quickly and efficiently to guest requests and simultaneously improve guest satisfaction. We are very excited that the prestigious Park Hyatt Chicago has selected GuestWare, says Mike Benjamin, v.p....
Mexican Tourism Is On the Rise and So is Grupo Posadas Hotel Portfolio / December 2004...
April 30, 2004
Hotel Online Special Report Mexican Tourism Is On the Rise and So Is Grupo Posadas Hotel Portfolio Mexico City - Dec. 3, 2004 - With Mexican tourism numbers up 10 percent in the first three quarters of 2004 compared to the same time last year, Grupo Posadas, Mexico's largest hotel company, is poised to keep pace in the race to welcome foreign visitors. The recently reported 10 percent jump in tourism numbers equates to more than 15 million foreign visitors to Mexico during the first nine months of 2004, said the Mexican Tourism Board. With its own net sales revenue up 14 percent in third quarte...
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April 30, 2004
Hotel Online Special Report Safe & Sound . Operators and Guests Sleep Easy with Green Suitesâ Internationals Organic Bedding and Bath Linens Superior sleep experience accompanies down-to-earth pricing on flat and fitted sheets, pillow cases and shams, duvet covers, bed skirts, wash cloths, hand and bath towels all made from Indian organically grown, chemical / insecticide - free cotton Upland, Calif. Nov. 30, 2004 Sometimes, in the hustle-and-bustle of daily hotel operations, one forgets why most people stay with us. When one comes right down to it, its really all about gett...
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April 30, 2004
Hotel Online Special Report Top Ten Must Do's for a Successful Luxury Hotel Opening By Karen Weiner Escalera, December 2004 Who said that a celebrity studded gala, a million dollar party, or other big price tags are the only ways to get a new deluxe hotel or resort noticed? Effective public relations launches dont have to break the bank. Whether it's a launch or a repositioning of a brand, a technology, a destination or a hotel, certain principles are fundamental to each new challenge: know the competitive environment, plan early and remember the adage that first impressions are lasting ones. Successful ...
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April 30, 2004
Hotel Online Special Report Guests Get Royal Treatment at the Don CeSar Beach Resort, a Loews Hotel; . Concierge Operations Shine with Help from GoConcierge.nets Web-based Solution LOS ANGELES December 22, 2004 The Don CeSar Beach Resort, a Loews Hotel with a design reminiscent of a Mediterranean castle, is treating its guests like royalty with the help of GoConcierge, the lodging industrys leading concierge operations solution. Web-based GoConcierge is produced by GoConcierge.net, Los Angeles. GoConcierge is a perfect fit for the four-diamond Don CeSar Beach Resort because it operates such a busy conc...
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April 30, 2004
Hotel Online Special Report Global Update: Whos Where and Doing What December 2004 Heads Above the Rest The Newsletter of The Boutique Search Firm The Americas Michael Glennie has been appointed Executive Vice President, Real Estate, for Fairmont Hotels & Resorts. Glennie was most recently the President and Chief Operating Officer of Ripplewood Lodging and the Phoenix Resort in Japan. Prior to that, Glennie was employed by Boca Resorts as President of the Boca Raton Resort & Club, then Senior Vice President, Resort Operations. Speaking of Boca Resorts, Jean-Jacques Pergant has been appointed President ...
The Gaylord Texan Resort & Convention Center Performing Beyond Developer's Expectations — Without Stealing Business from Dallas Hotels /
April 30, 2004
Hotel Online News for the Hospitality ExecutiveBy Suzanne Marta, The Dallas Morning NewsKnight Ridder/Tribune Business News Dec. 11, 2004 - As the Gaylord Texan Resort & Convention Center was being built, local hoteliers and tourism officials nervously referred to the Grapevine behemoth as the "giant sucking sound to the west." But less than nine months after it opened, the Gaylord complex appears to be performing well beyond its developer's expectations -- without stealing business from the competition. "It certainly has increased the level of competition, but it's also brought more attention to the area," said Phillip Jones, chief ...
Gene Ammons Jr. Elected President of the Choice Hotels International International Operators Council / December 2004...
April 30, 2004
Hotel Online News for the Hospitality ExecutiveBy Al Greenwood, The Fayetteville Observer, N.C.Knight Ridder/Tribune Business News Dec. 3, 2004 - FAYETTEVILLE, N.C. -- A Fayetteville hotel owner will have a say on the central policies of a hotel franchise operation -- from the shampoos that go in the showers to the mattresses in the rooms. Choice Hotels International this week announced that Gene Ammons Jr. was elected president of the International Operators Council. His term will last one year and will be followed by another year as past president. The council is an advisory group for Choice. It represents the owners and operators ...
The Passing of Julia Child the Nation's No. 1 Food-related Story in 2004; So-called Cheeseburger Bill at No. 10 / December 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 Passing of Julia Child the Nation's No. 1 Food-related Story in 2004; So-called "Cheeseburger Bill" at No. 10 December 21, 2004 - The passing of Julia Child, the world's first celebrity chef, bubbled up as the nation's No. 1 food-related news story in 2004, according to a recent survey of the nation's food e...
Fitch Ratings' Outlook for the U.S. Lodging Sector for 2005 is Positive / December 2004...
April 30, 2004
Hotel Online Special Report Fitch Ratings' Outlook for the U.S. Lodging Sector for 2005 is Positive NEW YORK - Dec. 8, 2004 -- Fitch Ratings' outlook for the U.S. lodging sector for 2005 is positive, based on the expectation that the significant momentum of lodging demand fundamentals in 2004 will be sustained in 2005. Specifically, Fitch believes the rebound of business travel demand, which began in 2004, will continue to drive room rate increases and bolster already strong occupancy gains fueled by the return of leisure travelers. This strong demand scenario, combined with low supply growth should translate i...
First Half 2004 Hotel Profits Solidify 2005 Outlook; Industry Still Lags Far Behind its Past Peak Performance in 1998 / HRG & PKF Consulting / Decembe
April 30, 2004
Hotel Online Special Report First Half 2004 Hotel Profits Solidify 2005 Outlook; Industry Still Lags Far Behind its Past Peak Performance in 1998 HRG / PKF Consulting Greater Gains Expected In 2005 Atlanta, GA, December 6, 2004 - The Hospitality Research Group (HRG), the research affiliate of PKF Consulting, announced today that a typical full-service hotel achieved an 8.4 percent improvement in gross operating profits (GOP) in the first half of 2004, compared to the same period a year earlier. The results are based on an in-depth analysis of more than 700 full-service hotels across the United States. Bas...
Baltimore Officials Select Clarke/HRI to Develop Boutique Hotel at Fells Point's Pier; The 145-room Will Be Managed by Kimpton Group / December
April 30, 2004
Hotel Online News for the Hospitality ExecutiveBy Lorraine Mirabella, The Baltimore SunKnight Ridder/Tribune Business News Dec. 16, 2004 - City officials yesterday tapped Baltimore developer J.J. Clarke Enterprises Inc. and a New Orleans partner known for historic restoration to transform Fells Point's landmark Recreation Pier into a three-story, European-style boutique hotel, overriding the recommendation of a neighborhood task force. Housing Commissioner Paul T. Graziano said yesterday that he picked Clarke and HRI Properties plan for renovating the crumbling century old pier at the foot of Broadway over a proposal by Baltimore-bas...
FaulknerUSA Pledges $77.3 million to Develop $215 million San Antonio Convention Center Hotel; Eclipses Proposals from Hines and Related Lodging Gro
April 30, 2004
Hotel Online News for the Hospitality ExecutiveBy Greg Jefferson, San Antonio Express-NewsKnight Ridder/Tribune Business News Dec. 17, 2004 - The City Council sought assurances Thursday that proposals to build a 1,000-room Convention Center hotel -- a twice-thwarted project -- contained no fairy dust. "We've gone through Round One, we've gone through Round Two and here we are in Round Three," Councilman Art Hall said. "We've got to make this thing happen." Last week, Austin-based FaulknerUSA caught the council's eye by pledging $77.3 million to the deal. That eclipsed the financing offered by its two competitors, Houston-based Hines ...
FaulknerUSA Unanimously Chosen By San Antonio City Council to Build 1,000 room Convention Hotel; Commits $77.3 million to $215 million Project / De
April 30, 2004
Hotel Online News for the Hospitality ExecutiveBy Greg Jefferson, San Antonio Express-NewsKnight Ridder/Tribune Business News Dec. 22, 2004 - The City Council on Tuesday unanimously chose FaulknerUSA of Austin to build a long-sought Convention Center hotel that already has seen two developers fall by the wayside. That history goes back nearly 20 years, and council members were mindful as they demanded that talks with FaulknerUSA not be allowed to linger. "We need to be able to insure success for a project that will have a dramatic impact on the community for a very long time to come," said Councilman Roger Flores Jr., whose District ...
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April 30, 2004
Hotel Online Special Report FastBookings Booking Engine Adds Unique Revenue Generating Features to Sites for Fitzpatrick Hotel Group, Book Italy Hotels NEW YORKDecember 9, 2004Fitzpatrick Hotel Group, a New York-based company with six hotels, and Book Italy Hotels, an on-line hotel portal for more than 100 of Italys finest hotels, have seen significant Web revenue results thanks to FastBookings Internet booking engine technology. FastBooking provides either local or central access to each of the hotels available through www.fitzpatrickhotels.com and www.bookitalyhotels.com and enables them to manage and c...
The Fairmont Orchid Goes Chemical-Free, Comprehensive Efforts in Housekeeping, Landscaping and Reef Protection / December 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 Fairmont Orchid Goes Chemical-Free, Comprehensive Efforts in Housekeeping, Landscaping and Reef Protection Kohala Coast, Hawaiis Big Island, November 30, 2004 - Guests at The Fairmont Orchid, Hawaii may not have noticed, but there was something missing in their last stay: synthetic cleaning chemicals, ferti...
Fairmont Joint Venture Acquiring the Monte Carlo Grand Hotel in Monaco; The 619-room Property Will be Flagged The Fairmont Monte Carlo, Receive $50 mi
April 30, 2004
Hotel Online Special Report Fairmont Joint Venture Acquiring the Monte Carlo Grand Hotel in Monaco; The 619-room Property Will be Flagged The Fairmont Monte Carlo, Receive $50 million Renovation TORONTO, Dec. 22, 2004 - Fairmont Hotels & Resorts Inc. (Fairmont) (TSX/NYSE: FHR), Kingdom Hotels International (Kingdom) and Bank of Scotland Corporate, a division of HBOS plc announced today that they have formed a joint venture to invest in luxury hotels in key European markets. The joint venture will have a potential buying capacity of pnds stlg 800 million (US$1.5 billion) and will be equity funded 50% by Bank of Scot...
The Fairhaven Village Inn, Like Many Small Hotels, Is In a Battle with A Major Online Travel Agency / December 2004...
April 30, 2004
Hotel Online Special Report The Fairhaven Village Inn, Like Many Small Hotels, Is In a Battle with A Major Online Travel Agency Is Goliath Allowing a Fair Haven? Would you allow a competing hotel to switch on your "No Vacancy" sign at will? What about the one advertising your status to the entire world on the Internet? No, neither would I. Yet that's exactly what is happening to one hotel in Fairhaven Washington, and to hotels elsewhere throughout the world. I could write about all of them, and maybe if enough approach me, I will write about more of them. Two months ago, I met an interesting couple ...
