Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
InterContinental Hotels Group Signs Nine New Management Contracts in China / May 2004
February 28, 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 InterContinental Hotels Group Signs Nine New Management Contracts in China Beijing, May 26, 2004 - InterContinental Hotels Group's market dominance in China received another major boost with the signing of nine new management contracts. The signing, which took place at last night's cocktail event at Crowne Plaza...
Travellers Deciding to Forgo a Trip to Greece this Summer; Olympic Games are Failing to Boost the Greek Economy / May 2004
February 28, 2004
Hotel Online News for the Hospitality ExecutiveSunday Business, LondonKnight Ridder/Tribune Business News May 23, 2004 - The Olympic Games are failing to boost the Greek economy, with holiday bookings falling by about a third on the same period last year, say industry sources. Tourists are turned off by the surge in hotel prices in Athens, fear of terrorism and the strength of the euro. Noel Josephides, managing director of Sunvil Holidays, specialising in holidays to Greece, told The Business: "From what I have been told by people in Greece, total bookings are down by about 30 percent on the same time last year. For my own company, ...
Great Wolf Lodge, Kansas City, Kansas Enjoyed Outstanding First Year of Business / May 2004
February 28, 2004
Hotel Online Special Report Great Wolf Lodge, Kansas City, Kansas, Enjoyed Outstanding First Year of Business KANSAS CITY, Kan. - May 19, 2004 -- A year ago this week, a massive log cabin resort at 10401 Cabela Drive opened its doors inviting families to enjoy an 84-degree, year-round getaway in their own neck of the woods. Since that opening, over 300,000 guests have enjoyed the woodsy decor, slept in the oversized log-framed beds, stood under the 1,000 gallon tipping bucket, and created hundreds of thousands of family fun memories. It's been nearly one year since developers, The Great Lakes Compan...
Grand America Hotel in Salt Lake City Selects TravelCLICK as Electronic Distribution Partner / May 2004
February 28, 2004
Hotel Online Special Report Grand America Hotel in Salt Lake City Selects TravelCLICK as Electronic Distribution Partner . CHICAGO (May 17, 2004) - Ray Cohen, president and co-CEO of TravelCLICK, announced today that the 775-room luxury Grand America Hotel in Salt Lake City, UT has selected TravelCLICK's iHotelier booking engine for its GDS and Web site connectivity. The agreement replaces the hotel's distribution agreement with Leading Hotels of the World, effective March 31, 2004. TravelCLICK now supplies Grand America Hotel with its suite of electronic distribution solutions for the hospitality industry. Th...
Golf Trust of America Has Sold 38 of its 47 Golf Courses; Needs to Complete Fire Sale Before Going Out of Business / May 2004
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy Aaron Sharockman, St. Petersburg Times, Fla.Knight Ridder/Tribune Business News May 6, 2004 - PALM HARBOR, Fla. -- The company waiting to take over the troubled Westin Innisbrook Resort doesn't exactly have deep pockets. Golf Trust of America has spent the past few years trying to sell its golf courses and go out of business. Since 2001, the company has dumped 38 of its 47 golf courses, some at huge losses, after its business plan misfired. Meanwhile, Golf Trust's stock dropped from a high of nearly $34 per share to $2.35. When the South Carolina company formed in 1996, it was champione...
February 28, 2004
Hotel Online Special Report Global Update: Whos Where and Doing What March/April 2004 Heads Above the Rest The Newsletter of The Boutique Search Firm The Americas Brian Young has been promoted to Vice President of Operations by Rosewood Hotels and Resorts. He was previously their General Manager at Caneel Bay for four years. Prior to that, Young was the General Manager at the Metropolitan in Vancouver. A well-known hotelier in the Caribbean, he also was the General Manager at Cotton House, the Resident Manager at the Four Seasons Nevis and the Manager at Cap Juluca. Kerman Beriker is the new General Man...
February 28, 2004
Hotel Online Special Report StayOnline Connects Atlantas Historic Georgian Terrace Hotel . Complimentary Wireless Internet Service Now Available for Guests Atlanta, GA (May 3, 2004) - The historic Georgian Terrace Hotel recently launched its complimentary wireless Internet service available for hotel guests, becoming one of the growing number of hotel hot spots in the United States. From the conference center and lobby to the Savoy Bar & Grill and the terrace, hotel guests now have the freedom to access the Internet without being confined to their work desk or modem port. The new complimentary wireless syste...
GTECH Holdings Corp. and Marsella Development Corp. Proposed $43-million, 193-room Hotel in Downtown Providence Will Not Move Forward / May 2004
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy Andrea L. Stape, Providence Journal, R.I.Knight Ridder/Tribune Business News May 27, 2004 - The hotel in downtown Providence proposed last fall by GTECH Holdings Corp. and Marsella Development Corp. is dead. The $43-million, 193-room hotel was to be built about a block from a new headquarters building that GTECH is planning at the corner of Memorial Boulevard and Francis Street. But Ron Marsella, an established downtown developer, could not secure long-term financing for the hotel project and became concerned that there are already too many hotels proposed for the area. "It's not goin...
Gary Marshall Named Vice President of the Great Hotels Organisation Asia Pacific / May 2004
February 28, 2004
Hotel Online Special Report Gary Marshall Named Vice President of the Great Hotels Organisation Asia Pacific 13 May 2004 - The Great Hotels Organisation, headquartered in the UK, has announced the opening of offices in Australia, which will spearhead the expansion of GHO into the Asia Pacific region. Under the direction of Gary Marshall, the Great Hotels Organisation Asia Pacific will also be responsible for supporting the company's 240 global hotel members through sales and marketing initiatives within the region. Peter Gould, CEO of the Great Hotels Organisation, commented, "Our expansion into the Asia Pacific regio...
GL Resorts to Implement a Web Based, Multi-Property PMS, Online Reservation and CRM Solution from Ramesys / May 2004
February 28, 2004
GL Resorts to Implement a Web Based, Multi-Property PMS, Online Reservation and CRM Solution from Ramesys Ramesys (NJ), May 11, 2004 - The leading provider of enterprise IT solutions to the hospitality and lodging industry, and GL Resorts (FL), announce that they have signed an agreement to install the Entirety Enterprise Suite covering all the group's properties and newly-established automated central reservations office. The agreement, which will see the Entirety PMS module installed at GL Resorts, in Florida and Massachusetts, will also be integrated into www.glresorts.com - GLR's web site which is currently not able to offer ...
Extended Stay America Founder George Dean Johnson Expected to Net More Than $150 million After Sale to Blackstone Group / May 2004
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy Chris Winston, Herald-Journal, Spartanburg, S.C.Knight Ridder/Tribune Business News May 9, 2004 - George Dean Johnson is burning up. But he's not yet ready to talk about the flames. It's no secret that Johnson, who will complete the sale of Spartanburg-based Extended Stay America this week for $3.2 billion, has big plans for the future. But he's not talking about it. "I'm on fire now," said Johnson, who started the hotel chain nine years ago. "But I can't let you see in my shoebox yet." Apparently, Johnson's shoebox is full. He constantly carries pieces of paper in his pocket with idea...
RevPAR of Chain Hotels in France Rose by 8.1% in March 2004 / MKG Consulting / May 2004
February 28, 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 RevPAR of Chain Hotels in France Rose by 8.1% in March 2004 / MKG Consulting May 10, 2004 - The RevPAR of chain hotels in France rose by 8.1% in March 2004, which allowed recording a high of 3.6% by the end of the first trimester. One must look back to June 2001 to find such a high monthly increase. These ...
Innkeepers USA Trust Acquires the 216-room Four Points by Sheraton in Ft. Walton Beach, Florida, for $30 million / May 2004
February 28, 2004
Hotel Online Special Report Innkeepers USA Trust Acquires the 216-room Four Points by Sheraton in Ft. Walton Beach, Florida, for $30 million PALM BEACH, Fla., May 19, 2004 Innkeepers USA Trust (NYSE: KPA), a hotel real estate investment trust (REIT) and a leading owner of upscale, extended-stay hotel properties throughout the United States, today announced that it had closed on the acquisition of the 216-room Four Points by Sheraton in Ft. Walton Beach, Florida, for $30 million. The purchase was funded by borrowing on the companys unsecured line of credit. Dimension Development Company, Inc. wi...
After Being Vacant for 15 Years the Redevelopment Plan for Historic Skirvin Hotel Approved by Council in Oklahoma City / May 2004
February 28, 2004
Hotel Online Special Report After Being Vacant for 15 Years the Redevelopment Plan for Historic Skirvin Hotel Approved by Council in Oklahoma City May 18, 2004 OKLAHOMA CITY, OK The historic Skirvin Hotel in downtown Oklahoma City is about to undergo a transformation on a scale that would make the hotels namesake William Balser "Bill" Skirvin proud that his 225 room hobby as he called it is finally getting the attention it deserves after being vacant for more than 15 years. A final redevelopment plan prepared by Skirvin Partners LLC, the joint venture group that was awarded the project last year for...
Four Seasons Records 2004 1st Qtr Net Earnings of $11.5 million Compared to a Loss of $9.3 million in Prior Year; Expects to Add 14 New Hotels by End
February 28, 2004
Hotel Online Special Report Four Seasons Records 2004 1st Qtr Net Earnings of $11.5 million Compared to a Loss of $9.3 million in Prior Year; Expects to Add 14 New Hotels by End of 2005 Hotel Operating Statistics Schedule of Hotels Under Construction and Development TORONTO, May 6, 2004 - Four Seasons Hotels Inc. (TSX Symbol "FSH"; NYSE Symbol "FS") today reported its results for the first quarter ended March 31, 2004. Overview of the Quarter (results for the three months ended March 31, 2004, as compared to the same period in 2003) As described in greater detail in the accompanying Management's Discussion ...
Kerzer Wants the Water Park Business to be Centerpiece of the Atlantis Brand and Significant Contributor to the Bottom Line; Hires Chief Marine Office
February 28, 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 Kerzer Wants the Water Park Business to be Centerpiece of the Atlantis Brand and Significant Contributor to the Bottom Line; Hires Chief Marine Officer PARADISE ISLAND, The Bahamas - May 3, 2004 -- Kerzner International Limited today announced that Frank Murru will join the Company as Chief Marine Officer effectiv...
Hilton, Kimpton, Sol Melia, Best Western, Hotwire, Priceline and WorldRes to Discuss Revenue Optimization Strategies in the Hospitality Sector / May 2
February 28, 2004
Hotel Online Special Report Hilton, Kimpton, Sol Melia, Best Western, Hotwire, Priceline and WorldRes to Discuss Revenue Optimization Strategies in the Hospitality Sector May 6, 2004 - On June 16-17 pricing and revenue management executives from all sectors of the travel industry will gather in Las Vegas for EyeforTravels second annual Revenue Management and Pricing in Travel conference. This years event sees a particularly strong focus on the hospitality industry. In a series of presentations and roundtable discussion, hotel revenue management experts from the corporate, leisure and casino resort sectors will be...
European Hotel Room Revenues Rose 10% in March 2004; Rome the Strongest Market with revPAR Rising by 17%, Frankfurt Fared Worst Recording a 21% Declin
February 28, 2004
Hotel Online Special Report European Hotel Room Revenues Rose 10% in March 2004 . Rome the Strongest Market with revPAR Rising by 17%, Frankfurt Fared Worst Recordinga 21% Decline in revPAR 6 May 2004 - European hotel room revenues rose 10 percent in March, according to data from the HotelBenchmark Survey by Deloitte, which reveals that revenue per available room (revPAR) for hotels in Europe reached €67, up €6 on last year. The rise in room yields was largely as a result of increased bookings. Occupancies averaged 65 percent in March, a rise of 8.3 percent on last year. Average room rates mov...
REIT Equity Inns Maintains Stable Dividend Since 9/11, May Acquire a Dozen Hotels to Existing Portfolio of 92 / May 2004
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy David Flaum, The Commercial Appeal, Memphis, Tenn.Knight Ridder/Tribune Business News May 14, 2004 - Germantown-based Equity Inns owns 92 hotels, and the real estate investment trust plans to add a dozen or more to its portfolio by year-end. Equity Inns is buying properties and looking to add others, executives told a handful of shareholders and officers at the company's annual meeting Thursday. "We think we've turned the corner in the hotel business," said Phillip McNeill Sr., chairman and chief executive officer. "That's nice to see since we've been there (in a weak market) since 19...
Environmental Management Practices in US Hotels / Ishmael Mensah / May 2004
February 28, 2004
Hotel Online Special Report Environmental Management Practices in US Hotels By Ishmael Mensah May 2004 Introduction Environmental management has become an important issue in the hospitality industry, with a number of hotels adopting sound environmental management practices in response to the growing concerns for sustainable tourism products. Worcester reports that environmental management, which emerged in the 1980s, is a new and important aspect of management and will be adopted by an increasing number of firms by the 1990s. The increasing adoption of environmental management in hotel firms seems to have been...
Encore Enterprises to Complete in 2004 the Renovation of 9 Marriott Branded Hotels / May 2004
February 28, 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 Encore Enterprises to Complete in 2004 the Renovation of 9 Marriott Branded Hotels Gulfport, Mississippi April 29, 2004 - Encore Enterprises, Inc. one of Marriott Internationals premier Franchisees has completed renovations on 3 Fairfield Inn by Marriott hotels within its portfolio and has 4 more hotel renovat...
February 28, 2004
Hotel Online Special Report Foxwoods, the Largest Resort Casino in the World, Selects Eatecs Back-Office Solution to Manage Foodservice Operations Emeryville, CA, May 4, 2004 Foxwoods Resort Casino, the largest resort casino in the world, selected Eatec Corporations back-office solution, EatecNetX, to manage its entire foodservice operation. Eatec Corporation is a leading provider of enterprise solutions for the foodservice and hospitality industries. Foxwoods is located in Mashantucket, Connecticut and is owned by the Mashantucket Pequot Tribal Nation. Foxwoods is comprised of six casinos and two hotels w...
February 28, 2004
Hotel Online Special Report Educational Institute Releases Three New Titles in 10-Minute Trainer Series ORLANDO, Fla., May 2004 Theres always time for training with the 10-Minute Trainer video series from the Educational Institute of the American Hotel & Lodging Association. The three newest titles in this series cover the vital areas of front office, security, and sales. 10-Minute Trainer: Front Office features seven segments that cover check-in, handling problems, walking guests, upselling, responding in an emergency, speaking on the telephone, and reducing energy costs. 10-Minute Trainer: Securi...
Giant Leap In Dubai, 31 Hotels Being Built or Confirmed for Future Construction / May 2004
February 28, 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 Giant Leap In Dubai, 31 Hotels Being Built or Confirmed for Future Construction May 2, 2004 - Dubai has more hotels under construction or planning today than ever before. According to research by The Consulting House, a new hotel consulting firm based in Dubai, there are 31 new 5- and 4-star hotels either being bu...
