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November 4th, 2024
Vail Resorts Reports Net loss for the 2004 Fiscal Year of $6.0 million Compared to a Net Loss of $8.5 million for Previous Year; Resort Revenue Up 7.4
March 31, 2004
Hotel Online Special Report Vail Resorts Reports Net loss for the 2004 Fiscal Year of $6.0 million Compared to a Net Loss of $8.5 million for Previous Year; Resort Revenue Up 7.4% VAIL, Colo., Sept. 30, 2004 - Vail Resorts, Inc. (NYSE: MTN) announced today financial results for the fiscal year ended July 31, 2004, incorporating financial results for the fiscal fourth quarter also announced today. Record fiscal year Resort revenue, up 7.4% over last fiscal year Fiscal year Resort expense growth contained, up only 1.7% over last fiscal year Effective Ticket Price (ETP) for the year up 10.4% compared to...
Market Positioning Group Opens Its First Hotel, The Beach House in Barbuda / September 2004...
March 31, 2004
Hotel Online Special Report Market Positioning Group Opens Its First Hotel, The Beach House in Barbuda BARBUDA, West Indies (September 2004) New York-based hotel management company MPg, or Market Positioning Group, made its first foray into the marketplace this spring with the opening of its inaugural hotel, The Beach House in Barbuda. The recently opened, 21-room property exemplifies MPgs three core principles of a consolidated chain of command, highly exacting service and design elements that reflect the local culture and incorporate modern European touches. Collectively, these values achieve the compa...
Melissa Morales and Kimberly Freer Appointed to Corporate Director Positions for Tiburon Hospitality Management / September 2004...
March 31, 2004
Hotel Online Special Report Melissa Morales and Kimberly Freer Appointed to Corporate Director Positions for Tiburon Hospitality Management Carefree, AZ . September 20, 2004.. Melissa Morales has been appointed corporate director of financial operations for Tiburon Hospitality Management, according to Greg Champion, president and chief operating officer. Morales brings more than 9 years of diversified experience in accounting, finance and operations management. Her areas of expertise include budgeting, forecasting, internal controls, financial analysis, productivity and profit maximization and corporate rel...
In August 2004, RevPAR Drops 2.1% for the French Hotel Industry / MKG Consulting / September 2004...
March 31, 2004
Hotel Online Special Report In August 2004, RevPAR Drops 2.1% for the French Hotel Industry Paris, 27 September 2004 In August, results of the French hotel industry follow the same trend as observed in July. Indicators indicate a drop in the overall activity (-2.1% in RevPAR versus August 2003). However, the cumulative results over 8 months at the end of August show that RevPAR held itself up at +2.2% versus 2003. Ile de France, and Paris in particular have seen a particularly delicate month of August. The drop in occupation was accompanied by a very costly price war in terms of RevPAR (-8.8% in the city of Par...
In July, the Average Occupancy Rate for the French Hotel Industry Drops / MKG Consulting / September 2004...
March 31, 2004
Hotel Online Special Report In July, the Average Occupancy Rate for the French Hotel Industry Drops Morose beginning of the month for the French hotel industry Paris, 2 September 2004 In July, the average occupancy rate of the entire territory recorded a slight drop (-1.0 points), which was a contrast to the beginning of a recovery in April and the good activity results for the months of May and June. With a modest increase in the average room rate of 0.3%, overall RevPAR saw a drop of 1.1%. The Atlantic coast and Paris did better than the South of France. Monthly results of the corporate chain h...
In July 2004, the Occupancy Rates of the European Hotel Industry Virtually Unchanged Over Last Year; France, Spain, and Italy Only Countries in the Eu
March 31, 2004
Hotel Online Special Report In July 2004, the Occupancy Rates of the European Hotel Industry Virtually Unchanged Over Last Year; - France, Spain, and Italy Only Countries in the European Union to Post Drops in Occupancy Paris, 7 September 2004 The European hotel industry continued its recovery in July With a rise in RevPAR that was up by 1.7% in July, the pickup in the hotel industry in Europe has not been halted even though the rise was less spectacular than that of the month of June (+5.6% in RevPAR). Occupancy rates are quite stable (+0.5 points) and the average room rates are also near to those...
Molinaro Koger Structures Sale of Renaissance Hotel Ft. Lauderdale / September 2004...
March 31, 2004
Hotel Online Special Report Molinaro Koger Structures Sale of Renaissance Hotel Ft. Lauderdale McLean, Virginia September 14, 2004 Molinaro Koger announced today that the firm has structured the sale of the Renaissance Ft. Lauderdale-Plantation Hotel, on behalf of LNR Property Corp., to HEI Hospitality. "We continue to seek to acquire upscale hotels and resorts in major markets and resort destinations," said Roger Clark, HEI Senior Vice President. "We have the flexibility and financial strength to structure unique transactions for both individual hotels and portfolios." Built in 2002, the 250-room hotel overlo...
Marvin Davis Dies at 79, Former Owner of Pebble Beach Company, the Beverly Hills Hotel and the Aspen Skiing Company / September 2004...
March 31, 2004
Hotel Online Special Report Marvin Davis Dies at 79, Former Owner of Pebble Beach Company, the Beverly Hills Hotel and the Aspen Skiing Company BEVERLY HILLS, Calif., Sept. 25, 2004 - Marvin Davis, the former owner of 20th Century Fox, the Pebble Beach Company, the Aspen Ski Company, and the Beverly Hills Hotel, who was known in the oil and gas industry as "Mr. Wildcatter," died earlier today. He was 79 years old. He died peacefully at his home in the presence of his family. Mr. Davis is survived by his loving, devoted wife of more than 53 years, Barbara, their five children, Patricia Ann Dav...
Marco Barros, Executive Director for the San Antonio Area Tourism Council, Invited to Speak to the Poland Travel Industry / September 2004...
March 31, 2004
Hotel Online Special Report Marco Barros, Executive Director for the San Antonio Area Tourism Council, Invited to Speak to the Poland Travel Industry September 27, 2004 - Marco Barros, Executive Director for the San Antonio Area Tourism Council has been invited to speak to Warsaw, Poland to the Hotel Industry in Poland and the new Warsaw Destination Alliance, an organization that comprises of hotels, airlines and businesses who depend on the tourism industry. Marco was the right choice to speak about tourism partnerships and the importance of tourism in economic development, explained Alex Kloszewski, the allia...
Independent Hoteliers Require their Own Distinct Understanding of the Online Marketing Process / Miriam Allenson / September 2004...
March 31, 2004
Hotel Online Special Report Independent Hoteliers Require their Own Distinct Understanding of the Online Marketing Process by Miriam Allenson, September 2004 Consider this scenario: business traveler to New York wants to book a room close to the Javits Center where she will be attending a show. Shes unfamiliar with Manhattan but knows shell want to stay at a nearby hotel. So she goes online to a search engine like Google and keys in hotels near Javits Center. Her results page will list dozens of nearby hotels from which she can choose. Will she then make a reservation online? Will she choose a hotel through...
CSM Lodging Achieves its Goals Faster Using M3 Hotel-Specific Accounting Software / September 2004...
March 31, 2004
Hotel Online Special Report CSM Lodging Achieves its Goals Faster Using M3 Hotel-Specific Accounting Software Minneapolis, MN - September 23, 2004 - CSM Lodging, a division of Minneapolis-based CSM Corporation, a diversified real estate development company, has implemented the Hotel-Specific® accounting software of M3 Hotel Accounting of Gainesville, Georgia. CSM now owns and operates 34 hotels across the United States. The decision to move to M3 Accounting was two-fold: CSM Lodging will save thousands of dollars a year by allowing M3 to host their back office accounting system. Additionally, they will gain vita...
Lodgian Reports on Impact of Hurricane Frances to Five Florida Properties; Three Hotels Are Fully Open, Two Sustain Water Damage / September 2004...
March 31, 2004
Hotel Online Special Report Lodgian Reports on Impact of Hurricane Frances to Five Florida Properties; Three Hotels Are Fully Open, Two Sustain Water Damage ATLANTA, Ga., September 13, 2004Lodgian, Inc. (AMEX: LGN), one of the nations largest independent owners and operators of full-service hotels, today announced that its five Florida properties have experienced damage ranging from minor to significant due to Hurricane Frances. We, along with many other hotel companies, were affected by the one-two punch of Hurricanes Charley and Frances, said W. Thomas Parrington, president and chief executive off...
LibGO Travel Inc. Deploys Accovia Air Solution; Second Largest Tour Operator in North America Selects Accovia for its Next Generation Travel Packagin
March 31, 2004
Hotel Online Special Report LibGO Travel Inc. Deploys Accovia Air Solution Second Largest Tour Operator in North America Selects Accovia for its Next Generation Travel Packaging Solution Montreal -- September 20, 2004 -- Accovia Inc., the global leader in travel packaging technology, and LibGO Travel Inc., the nations' largest privately owned leisure travel agency, today announced that LibGO Travel has selected Accovia to provide part of its next generation travel system. LibGO Travel, North Americas second largest tour operator, is implementing Accovias Air Solution as a key component of its new reservation env...
General Manager Philippa Perry Heads Management Team for Les Mars Hotel Opening in Fall 2004 in Healdsburg, California / September 2004...
March 31, 2004
Hotel Online Special Report General Manager Philippa Perry Heads Management Team for Les Mars Hotel Opening in Fall 2004 in Healdsburg, California HEALDSBURG, Calif. (September 13, 2004) - David and Sarah Mars, owners of the new Les Mars Hotel, today announced a projected opening date of November 2004 for the newest entrant among Healdsburg's increasingly sophisticated array of luxury hospitality offerings. The couple will operate the hotel, designed to recreate the gracious ambiance of the classic European family owned inns, with their daughters Christina Mars Sharp and Gretchen Anne Mars and son in-law, ...
Centered on the Color White, Palace Resorts Plans New Luxury Brand: Le Blanc Spa Resort Debuting in Cancun / September 2004...
March 31, 2004
Hotel Online Special Report Centered on the Color White, Palace Resorts Plans New Luxury Brand: Le Blanc Spa Resort Debuting in Cancun MIAMI - Sept. 29, 2004 -- Palace Resorts is proud to announce the launch of its new luxury hotel brand, Le Blanc Spa Resort, a new upscale all-inclusive adults-only property that will debut in Cancun in the winter 2005. Le Blanc Spa Resort is not just a hotel; it's a destination, centered on the color white. All its interiors including walls, ceilings, and furniture are in white with a contemporary and minimalist decoration touched with primitive, tropical, and Mexican elements that ...
Las Vegas Recovered from Sept. 11 Attacks More Quickly than other Destinations / September 2004...
March 31, 2004
Hotel Online News for the Hospitality ExecutiveBy Hubble Smith, Las Vegas Review-JournalKnight Ridder/Tribune Business News Sep. 11, 2004 - Las Vegas, the city of 24-hour action, came to an eerie halt when two commercial jet airliners slammed into the World Trade Center in New York City and another struck the Pentagon in Arlington, Va., on Sept. 11, 2001, the most egregious act of terrorism ever witnessed on U.S. soil. Slot machines stopped ringing, roulette wheels sat idle, playing cards lay dormant. Casino dealers stood at tables with their arms crossed, waiting for gamblers who seldom arrived. The effects of 9-11 were numbing for Am...
La Cabana All Suite Beach Resort & Casino in Aruba Remains on the Cutting-edge of Sustainable Technologies to Minimize Impact on the Environment / Sep
March 31, 2004
Hotel Online Special Report La Cabana All Suite Beach Resort & Casino in Aruba Remains on the Cutting-edge of Sustainable Technologies to Minimize Impact on the Environment ORANJESTAD, Aruba (Sept. 28, 2004) Remaining on its green path, La Cabana All Suite Beach Resort & Casino in Aruba has instituted a variety of sustainable practices in the past year to further reduce its impact on the environment. We recognize the necessity of implementing environmentally-sound practices in order to protect the precious resource of our island, said Lou Roelofsen, La Cabanas general manager. Our extremely activ...
Port Authority of New York and New Jersey Partners with LRA Worldwide to Manage and Improve Customer Experience / September 2004...
March 31, 2004
Hotel Online Special Report Port Authority of New York and New Jersey Partners with LRA Worldwide to Manage and Improve Customer Experience NEW YORK, New York/HORSHAM, Pennsylvania; September 15, 2004 - The Port Authority of New York and New Jersey recently announced a partnership with LRA Worldwide, a Pennsylvania-based consulting firm, designed to improve the customer experience for air travelers in the New York metropolitan area. Under the initiative, the three airports managed by the Port Authority - Newark Liberty International, JFK International and LaGuardia - will undergo a rigorous program of facility inspect...
Larry Brown Named General Manager of The Renaissance Las Vegas Hotel / September 2004...
March 31, 2004
Hotel Online Special Report Larry Brown Named General Manager of The Renaissance Las Vegas Hotel LAS VEGAS -- September 1, 2004 - Opening in January 2005, The Renaissance Las Vegas Hotel announces Larry Brown as general manager of the hotel. Browns responsibilities include directing hotel operations, sales and marketing efforts and revenue management as well as overseeing opening initiatives for the new hotel adjacent to the Las Vegas Convention Center. A 30+ year veteran of the hospitality industry, Brown brings a wealth of hospitality experience to the property. He most recently served as vice president/hotel ma...
Kinseth Breaking Ground on 84 room Country Inn & Suites in St. Charles, Missouri / September 2004...
March 31, 2004
Hotel Online Special Report Kinseth Breaking Ground on 84 room Country Inn & Suites in St. Charles, Missouri North Liberty, Iowa, September 9, 2004 - Kinseth Hospitality Companies, an Iowa-based hotel management company, is announcing the construction of a Country Inn & Suites. The new hotel will be located at 1190 S. Main Street near the AmeriStar Casino and the historical downtown district. "We're excited to join LePique & Orne Architects, Waterworks Hotel Development Group, Reliance Bank and Blanton Construction Company in the development of this beautiful new hotel," said Bruce Kinseth, Senior Vice-Preside...
Kinseth Hospitality and Little Dixie Construction Building 134 room Courtyard by Marriott Hotel and Conference Center in Columbia, Missouri / Septembe
March 31, 2004
Hotel Online Special Report North Liberty, IA, September 9, 2004 - Kinseth Hospitality Companies, an Iowa-based hotel management company, and Little Dixie Construction, a real estate development and construction company located in Columbia, are announcing the construction of a Courtyard Hotel and Conference Center and Bennigan's Grill and Tavern. The site of the new complex will be within the LeMone Industrial Park. "We're excited to join Little Dixie Construction in the development of this new full-service hotel, conference center and restaurant," said Bruce Kinseth, Senior Vice President. "As a brand extens...
Florida Keys and Key West Hotel Occupancy Hit 10 Year Low of 62.6% Occupancy for August 2004, September Likely to be Way Off / September 2004...
March 31, 2004
Hotel Online News for the Hospitality ExecutiveBy Christie Phillips, Florida Keys Keynoter, MarathonKnight Ridder/Tribune Business News Sep. 29, 2004 - Hotel occupancy rates in Key West and throughout Monroe County were at a 10-year low for the month of August -- and things are looking worse for September. "The August numbers are down, but September is going to be way off," said Peter Ilchuk, president of the Lodging Association of the Florida Keys and Key West. "I think August was the beginning of a slow time," said M.J. Neel, president of the Marathon Chamber of Commerce. "The kids went back to school earlier than in years past and...
The Capital Partners Ltd. Investing $40 million in Two Renaissance Hotels in Aktau and Atyrau, Kazakhstan / September 2004...
March 31, 2004
Hotel Online Special Report The Capital Partners Ltd. Investing $40 million in Two Renaissance Hotels in Aktau and Atyrau, Kazakhstan Washington , DC - 22 September 2004 - Marriott International (NYSE:MAR) will manage two new Renaissance-branded properties in Kazakhstan in 2005 under agreements reached with CP Hotels Aktau LLC and CP Hotels Atyrau LLC, both of which are subsidiaries of Capital Partners LLC. Currently under construction, the hotels are the: 120-room Renaissance Aktau Hotel 202-room Renaissance Atyrau Hotel When opened, the hotels will be the first Marriott International properties in K...
The Hilton New Orleans Riverside Appoints Kathleen Titus as Northeast Senior Sales Manager / September 2004...
March 31, 2004
Hotel Online Special Report The Hilton New Orleans Riverside Appoints Kathleen Titus as Northeast Senior Sales Manager New Orleans, LA (September 29, 2004) - In response to a survey of its customer base and the increase of corporate meeting demand from the northeast region, the Hilton New Orleans Riverside has hired Kathleen Titus as Northeast Senior Sales Manager. The hotel makes a habit of responding to its guests. Earlier this year, the hotel completed $37.6 million worth of renovations that were made in response to customer feedback and are presently finalizing additional plans in the upcoming year. ...
