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November 4th, 2024
European Hotel Industry Sees Fourth Consecutive Month of Rising Monthly RevPAR; The First 6 Months of 2004 A Mixed Assessment / MKG Consulting / Aug 2
March 31, 2004
Hotel Online Special Report European Hotel Industry Sees Fourth Consecutive Month of Rising Monthly RevPAR; The First 6 Months of 2004 A Mixed Assessment / MKG Paris, 2 August 2004 The results of the month of June 2004 showed a continuation of the growth trend in RevPAR that began at the beginning of the year. Occupancy rates and average room rates were oriented upwards (+2.5 points and +1.9% respectively). The positive change in RevPAR concerns all categories, and notably the midmarket and upmarket categories that have posted significantly rising occupancy rates (+3.4 points in 3*, and +2.3% in 4*). ...
Molinaro Koger Advises on the Sale of the Beaver Creek Lodge / August 2004...
March 31, 2004
Hotel Online Special Report Molinaro Koger Advises on the Sale of the Beaver Creek Lodge McLean, Virginia August 17, 2004 Molinaro Koger, a leading hospitality brokerage and advisory company, served as advisor to FelCor Lodging Trust Incorporated in their recent sale of the Beaver Creek Lodge to The Kessler Enterprise, Inc. Located in Avon, Colorado at the base of the Beaver Creek Ski Mountain, the 72-unit all-suite hotel is part of a mixed-use condominium development that also includes luxury residential units and retail space. This transaction enabled our client, FelCor, to continue to execute their strat...
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March 31, 2004
Hotel Online Special Report Molinaro Koger Advises William Street Hotel Associates LLC on Sale of Doubletree Hotel Chicago OHare Airport McLean, Virginia August 20, 2004 Molinaro Koger, a leading hospitality brokerage and real estate advisory firm, advised William Street Hotel Associates, LLC in the sale of the Doubletree Hotel Chicago OHare Airport Rosemont, Illinois, to an investment advisory client of Lowe Enterprises Investment Management, LLC, a subsidiary of Lowe Enterprises Inc. Destination Hotels & Resorts, an affiliate company of Lowe Enterprises, Inc., will replace Hilton Hotels Corporation ...
MeriStar Hospitality Reports on Hurricane Charley Impact to Florida Properties; No Material Impact Expected on 2004 Earnings / August 2004...
March 31, 2004
Hotel Online Special Report MeriStar Hospitality Reports on Hurricane Charley Impact to Florida Properties; No Material Impact Expected on 2004 Earnings ARLINGTON, Va., August 17, 2004 MeriStar Hospitality Corporation (NYSE: MHX), one of the nations largest hotel real estate investment trusts (REIT), today said that its properties on Floridas Captiva and Sanibel Islands were affected to varying degrees by Hurricane Charley. While it is too early to fully estimate the extent of the damage, our initial assessment suggests that there was not a significant amount of structural damage to the facilities, b...
Michel Gehrig Named Executive Chef of Las Ventanas al Paraiso, Los Cabos / August 2004...
March 31, 2004
Hotel Online Special Report Michel Gehrig Named Executive Chef of Las Ventanas al Paraiso, Los Cabos LOS CABOS, Baja California, Mexico, August 12, 2004 -- Las Ventanas al Paraiso, a Rosewood Resort, has named consummate culinary professional Michel Gehrig the Executive Chef of the acclaimed Five-Diamond property in Los Cabos, announced Managing Director Luis Fernandes. "Its very exciting to have a new Executive Chef who is a star on the international culinary stage and bringing his demonstrated professionalism and delectable creativity to Las Ventanas," said Fernandes. Chef Gehrig is overseeing all the dining opti...
Mohegan Sun Reorganizes Top Management; Mitchell Etess Named President and CEO / August 2004...
March 31, 2004
Hotel Online Special Report Mohegan Sun Reorganizes Top Management; Mitchell Etess Named President and CEO UNCASVILLE, Conn., Aug. 24, 2004 - The Mohegan Tribal Gaming Authority, or the Authority, the operator of a gaming and entertainment complex located near Uncasville, Connecticut, known as Mohegan Sun, announced today a reorganization of top management of its Mohegan Sun casino operation. The changes were implemented to enhance the organization's ability to manage its expanding investments in operations outside Connecticut. William J. Velardo, currently chief executive officer under the A...
El Ad Properties NY LLC Acquires The Plaza Hotel, New York City, for $675 million / August 2004...
March 31, 2004
Hotel Online Special Report El Ad Properties NY LLC Acquires The Plaza Hotel, New York City, for $675 million 13 August 2004 - On 12 August 2004, Plaza Operating Partners Ltd ('POP'), in which Millennium and Copthorne Hotels plc ('M&C') has an effective 50% interest, entered into an agreement with CPS One LLC, an affiliate of El Ad Properties NY LLC, a US property investment company, for the sale of The Plaza, New York (including its hotel business) and the adjoining property for a cash consideration of $675 million (approximately #370 million), subject to completion adjustments. Completion of the transaction...
Mike Butts, New Executive Director of Visit Charlotte, Steps into Leadership Role with 40 Employees and a $5.2 million Budget / August 2004...
March 31, 2004
Hotel Online News for the Hospitality ExecutiveBy Leigh Dyer, The Charlotte Observer, N.C.Knight Ridder/Tribune Business News Aug. 26, 2004 - Mike Butts, the newly named head of Visit Charlotte, has stepped into leadership amid sweeping change in the area's tourism industry. His agency, with 40 employees and a $5.2 million budget that comes from a combination of hotel/motel taxes and private funds, is now part of the newly created Charlotte Regional Visitors Authority. The city created the group this summer by merging Visit Charlotte with the body that controls the Charlotte Convention Center, Cricket Arena, the Charlotte Coliseum an...
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March 31, 2004
Hotel Online Special Report Tenth Lodging Conference to Feature Essentials of Hotel Ownership Workshop Lasky, Cauvin, Belmonte to focus on finances, franchising, operational fundamentals during two-hour session CHICAGO (Aug. 2, 2004) The Essentials of Hotel Ownership workshop is back by popular demand. The workshop, created by Lodging Unlimited President and C.E.O. Morris Lasky, Lodging Unlimited West C.O.O. John Cauvin, and Steve Belmonte, President and C.E.O. of Hospitality Solutions LLC and partner in Belmonte/Lasky Asset Management LLC, will be held for the third time this year, this time at t...
Savvy Developer Drake Leddy Makes Hotel Projects Happen / August 2004...
March 31, 2004
Hotel Online News for the Hospitality ExecutiveBy Adolfo Pesquera, San Antonio Express-NewsKnight Ridder/Tribune Business News Aug. 27, 2004 - As savvy as Drake Leddy is at making hotel projects happen, he knows all too well that his present fortunes came in a big way by the grace of Lady Luck. There are moments when near-disaster strikes so quickly that we, obliviously shuffling along, are left dazed and shocked, yet unharmed, and exclaiming in hoarse whispers, "Jeez, that was close!" Leddy, a stocky, middle-aged and unassuming developer who dresses casual to work, is today crafting million-dollar deals all over the United States. H...
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March 31, 2004
Hotel Online Special Report Las Ventanas Named Top International Resort of 2004 by Andrew Harpers Hideaway Report LOS CABOS, Baja California, Mexico, Aug. 27, 2004 Las Ventanas al Paraiso, the Rosewood resort that has been among the worlds most heralded since it opened in 1997, has again been named the Top International Resort by the readers of prestigious Andrew Harpers Hideaway Report. The Worlds Best Hotels, Resorts & Hideaways annual readers poll, which has been conducted for 23 years, is the oldest and among the most respected surveys of its kind. The readers of Andrew Harpers Hide...
Langham Place Hotel, Hong Kong Appoints Key Executives / August 2004...
March 31, 2004
Hotel Online Special Report Langham Place Hotel, Hong Kong Appoints Key Executives Hong Kong, July 2004 Mr Brett Butcher, Managing Director of Langham Place Hotel is pleased to announce the following executive appointments: Benedict Li - Benedict Li has been appointed as the Financial Controller of Langham Place Hotel. Prior to joining the Langham Place Hotel, Mr Li held a position as the Financial Controller for Langham Hotels International Ltd since 1998. Mr Li holds a MBA degree majoring in Finance. Wing Ho Lam - A veteran engineer with over 19 years of solid experience in engineering, Wing Lam joins the ...
Parisian Landmark La Trémoille Named Preferred Hotels® & Resorts Hotel of the Year for 2004 / August 2004...
March 31, 2004
Hotel Online Special Report Parisian Landmark La Trémoille Named Preferred Hotels® & Resorts "Hotel of the Year" for 2004 CHICAGO - August 9, 2004 - Preferred Hotels® & Resorts Worldwide awarded the world-famous Parisian landmark, La Trémoille as Hotel of the Year for 2004. The prestigious award recognizes marketing excellence among independent hotels and is based on their creative execution, support of the Preferred brand image and involvement in sales and marketing promotions through out the year. La Trémoille, adored by guests who have included Orson Welles and Richard Gere, is situated in the heart of th...
Hyatt Hotels Corp. Selects LRA for Quality Assurance Services / Aug 2004...
March 31, 2004
Hotel Online Special Report Hyatt Hotels Corp. Selects LRA for Quality Assurance Services Leading hotelier to partner with LRA to further enhance the Hyatt experience CHICAGO, Illinois/HORSHAM, Pennsylvania; July 19, 2004 Hyatt Hotels & Resorts and LRA Worldwide announced today that they have entered into an agreement whereby LRA will provide quality assurance services to Hyatt hotels and resorts throughout North America. The selection of LRA Worldwide reconfirms Hyatts commitment to setting the standard for delivering world-class hospitality experiences. At Hyatt, our goal is to consistently exceed our ...
Lodgian, Inc. Reports 2nd Qtr Loss from Continuing Operations of $11.8 million Compared to $0.6 million Loss for the 2nd Qtr of 2003, Plans to Reduce
March 31, 2004
Hotel Online Special Report Lodgian, Inc. Reports 2nd Qtr Loss from Continuing Operations of $11.8 million Compared to $0.6 million Loss for the 2nd Qtr of 2003 Plans to Reduce 87-hotel Portfolio by Nine Hotels ATLANTA - Aug. 9, 2004 -- Lodgian, Inc. (AMEX: LGN), one of the nation's largest independent owners and operators of full-service hotels, reported results for the second quarter and six months ended June 30, 2004. Second quarter 2004 room revenues from continuing operations increased 5.4 percent to $64.3 million, and total revenues from continuing operations rose 4.5 percent to $86.6 million. Durin...
Kor Hotel Group Converting The Four Points by Sheraton Santa Monica to the Sheraton Delfina / Aug 2004...
March 31, 2004
Hotel Online Special Report Kor Hotel Group Converting The Four Points by Sheraton-Santa Monica to the Sheraton Delfina Santa Monica, Calif. - August 2, 2004 - The Four Points by Sheraton, Santa Monica, has launched the second phase of its major $11 million renovation. Under the management of the Kor Hotel Group, the hotel is repositioning from the three-star Four Points brand to a full-service, luxury four-star Sheraton hotel, officially joining Kor's distinctive portfolio of luxury boutique and flagged hotels. "We have received great response from both business and leisure travelers who have already exp...
Kor Hotel Group Repositions Sheraton Gateway LAX As the New 802-Room Boutique/ August 2004...
March 31, 2004
Hotel Online Special Report Kor Hotel Group Repositions Sheraton Gateway LAX As a New 802-Room Boutique Los Angeles, Calif. -- August 13, 2004 - Los Angeles-based Kor Hotel Group has dramatically redefined the term boutique hotel with its recent reinvention of the Sheraton Gateway Hotel Los Angeles Airport. Following a $13.5 million renovation, the 802-room Sheraton hotel boasts a distinctive blend of style, comfort and convenience for its guests and brings parent Kor's signature boutique hotel experience to the LAX corridor. We have always considered the Sheraton the most conveniently l...
Kinseth Hospitality Companies Rebranding the Howard Johnson Airport Express Inn to Country Inn & Suites at the Cedar Rapids, Eastern Iowa Airport / Au
March 31, 2004
Hotel Online Special Report Kinseth Hospitality Companies Rebranding the Howard Johnson Airport Express Inn to Country Inn & Suites at the Cedar Rapids, Eastern Iowa Airport Cedar Rapids, IA August 11, 2004 - Extreme Makeover! Kinseth Hospitality Companies announces the renovation and opening of a Country Inn & Suites at the Cedar Rapids, Eastern Iowa Airport. Look for some major changes coming soon to the former Howard Johnson Airport Express Inn & Suites in Cedar Rapids, Iowa. Now known as the Cedar Rapids Airport inn & Suites, the extreme makeover has begun and the transition to be unveiled as the new Cou...
The Kessler Collection Promotes Three Executives; Deborah Golding, Mary C. Kenny and Brian Py / August 2004...
March 31, 2004
Hotel Online Special Report The Kessler Collection Promotes Three Executives; Deborah Golding, Mary C. Kenny and Brian Py Orlando, FL (August 24, 2004) The Kessler Collection is pleased to announce the promotion of three executives. Deborah Golding is promoted to corporate director of interior design, Mary C. Kenny is promoted to corporate director of marketing and public relations and Brian Py is promoted to vice president of development and finance. Deborah Golding joined the Kessler Collection in 2000. Overseeing the interior design process and purchasing of each property from concept to comple...
Kerzner International Reports 2nd Qtr Net Income of $30.1 million, Compared to $22.8 million in Prior Year; Atlantis, Paradise Island Drives Strong Pe
March 31, 2004
Hotel Online Special Report Kerzner International Reports 2nd Qtr Net Income of $30.1 million, Compared to $22.8 million in Prior Year - Atlantis, Paradise Island Drives Strong Performance Hotel Operating Statistics PARADISE ISLAND, The Bahamas, August 03, 2004 - Kerzner International Limited (NYSE:KZL) (the "Company"), a leading international developer and operator of destination resorts, casinos and luxury hotels, today reported results for the second quarter of 2004. The Company reported net income in the quarter of $30.1 million, compared to net income of $22.8 million in the same period last year, resulting in...
Kripa Shankar Named Regional General Manager for Accor Hotels in Greater Jakarta and Sumatra in Indonesia / August 2004...
March 31, 2004
Hotel Online Special Report Kripa Shankar Named Regional General Manager for Accor Hotels in Greater Jakarta and Sumatra in Indonesia BANGKOK, 11 August 2004 Accor Asia Pacific is pleased to announce the appointment of Mr Kripa Shankar as Regional General Manager in charge of the Greater Jakarta area and Sumatra in Indonesia. Kripa has been with Accor for nearly 15 years, commencing with the hotel Sofitel Cecil in Egypt and holding a variety of other positions there. He then moved to Israel where he last worked as Area Director Jerusalem & Dead Sea before relocating to China in 2002. He was most recent...
KSL Resorts Enters New Phase of Operations Following Sale of Six Resorts to CNL Hotels & Resorts, Inc / August 2004...
March 31, 2004
Hotel Online Special Report KSL Resorts Enters New Phase of Operations Following Sale of Six Resorts to CNL Hotels & Resorts, Inc KSL Resorts Enters Into Three Long-Term Management Agreements LA QUINTA, Calif., Aug. 19, 2004 - KSL Resorts, a leading luxury resort owner and manager since 1992, has launched a new phase of operations following its recent sale of six resorts to CNL Hotels & Resorts, Inc., the nation's second largest hotel real estate investment trust. KSL, under the terms of long term agreements, will now manage three of those marquee luxury resorts: Grand Wailea Resort Hotel & Spa (...
Kristie Pappas Appointed Sales Manager for the 171 room North Maple Inn at Basking Ridge, New Jersey / Aug 2004...
March 31, 2004
Hotel Online Special Report Kristie Pappas Appointed Sales Manager for the 171 room North Maple Inn at Basking Ridge, New Jersey BASKING RIDGE, NEW JERSEY, August 2004 - North Maple Inn at Basking Ridge, a Benchmark Hospitality International property, has appointed Kristie Pappas Sales Manager for the 171-guestroom hotel. Michael J. Taylor, general manager for the property, made the announcement. Ms. Pappas comes to North Maple Inn from Hamilton Park, a hotel and conference center located in Florham Park, New Jersey, where she was global sales manager. While at Hamilton Park, Pappas was responsible for successf...
Golden Tulip Hotels, Inns & Resorts Appoints a Number of Key Corporate Executives / Aug 2004...
March 31, 2004
Hotel Online Special Report Golden Tulip Hotels, Inns & Resorts Appoints a Number of Key Corporate Executives Amersfoort (The Netherlands), 4th August 2004 Golden Tulip Hotels, Inns & Resorts announces the appointment of a number of key corporate executives in the groups field and central services operations effective as per 1st August 2004. Klimis Messios will assume the role of Vice President of Franchise Operations. In this position, Klimis will oversee central disciplines, such as Procurement, Distribution & IT, Marketing Development & Design, Training and Partner Franchising. Klimis joined Golden Tul...
