Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
Merchandining – Merchandising During the Dining Experience / Lee Simon – Drawing Conclusions / June 2004
February 28, 2004
Drawing Conclusions Foodservice Design By Lee Simon / The General Group / June 2004 For whatever reason, I reluctantly have refused to adopt the proper methods for typing throughout my schooling and career. Sure, I took the required typing class in middle school, but I was able to meet all of the requirements, speed and accuracy, while maintaining my classic hunt and peck style. Back then, I wasnt as open minded and willing to learn as I should have been. The truth is, I have more typographical errors these days as a result of my stubborn, short-sighted approach. But recently, I had a typographical error t...
Wright Investment Properties Completes Renovation of Historic William Len Building into 90 suite Residence Inn – Memphis; Was 240-room Hotel
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy Kate Miller Morton, The Commercial Appeal, Memphis, Tenn.Knight Ridder/Tribune Business News June 23, 2004 - The renovation of the historic William Len Building into an art deco-styled Residence Inn is complete and the doors are now open. Memphis-based Wright Investment Properties opened the 12-story, 90-suite hotel at Main and Monroe on Friday, just in time for the National Baptists Congress of Christian Education convention taking place this week. The company spent 10 months converting the former apartment building into a Residence Inn by Marriott. Wright Investment Properties presid...
Meadowood, Napa Valley's First Luxury Hotel, Undergoing Improvements / June 2004
February 28, 2004
Hotel Online Special Report Meadowood, Napa Valley's First Luxury Hotel, Undergoing Improvements St. Helena , CA - June 1, 2004 - This year, Meadowood, the first luxury hotel in America 's premier wine region, celebrates its 25th year as Napa Valley 's best-loved lodging destination. Established in an era when the Napa Valley was still largely planted to orchards and boasted only a fledgling wine industry, Meadowood has stood the test of time relying on its dedication to preserving the property's natural beauty, protecting the privacy of its guests, offering warm hospitality and - perhaps most of all - standin...
Maxim Revenue Management Solutions and TravelCLICK Sign Strategic Alliance; Introduce Revolutionary Executive-level Revenue Management Product / June
February 28, 2004
Hotel Online Special Report Maxim Revenue Management Solutions and TravelCLICK Sign Strategic Alliance; Introduce Revolutionary Executive-level Revenue Management Product CHICAGO, June 22, 2004 - Maxim Revenue Management Solutions (MaximRMS), a leading global provider of Revenue Management and Profit Optimization software and services for the hospitality industry and TravelCLICK, the leading provider of solutions that help hotels maximize profit from electronic distribution channels, announced the signing of a strategic partnership agreement aimed at delivering a best-in-class industry-leading portfolio of Revenue...
Pyramid Advisors LLC and Morgan Stanley Partnership Reflags Adam's Mark Houston as Houston Marriott Westchase / June 2004
February 28, 2004
Hotel Online Special Report Pyramid Advisors LLC and Morgan Stanley Partnership Reflags Adam's Mark Houston as Houston Marriott Westchase WASHINGTON, June 3, 2004 - Marriott International, Inc. announced today that the Adam's Mark Hotel in Houston has been reflagged as the Houston Marriott Westchase. The 600-room hotel is located at 2900 Briarpark Drive and will operate as a Marriott franchise, owned by a partnership consisting of Pyramid Advisors LLC and Morgan Stanley. The property will be managed by Pyramid Advisors. "This project is exciting and comprehensive," said James Dina, Pyramid Advisors principal an...
New Slip-in Cooling Cartridges Now Available to Replace Discontinued ACP / ClimateMaster VTAC Series Vertical PTAC / June 2004
February 28, 2004
Hotel Online Special Report New Slip-in Cooling Cartridges Now Available to Replace Discontinued ACP / ClimateMaster VTAC Series Vertical PTAC - June 7, 2004 - Orlando, Florida, USA - Marra A/C Services today announced their New slip-in replacement cooling cartridge for the discontinued ACP/ ClimateMaster VTAC series of vertical PTACs is now available for delivery. The new cartridge is precisely engineered to replace the original factory unit with no modifications needed to the existing room enclosure, exterior louver, electrical connections or sheet metal (each property must be field surveyed for site ...
Nir E. Margalit Named Executive Vice President/General Counsel For Kimpton Group Holding LLC / June 2004
February 28, 2004
Hotel Online Special Report Nir E. Margalit Named Executive Vice President/General Counsel For Kimpton Group Holding LLC San Francisco, June 2, 2004 - Nir E. Margalit was recently named executive vice president/general counsel and secretary for Kimpton Group Holding LLC, parent company of Kimpton Hotels & Restaurants. In this role, he is responsible for the overall legal function of the company and its subsidiaries, including operations, development, investment, intellectual property/brand identity and corporate administration. "Kimpton Hotels & Restaurants maintains a strong commitment to growth. This sum...
2004 Manhattan Hotel Market Overview – HVS International / NYU / June 2004
February 28, 2004
Hotel Online Special Report 2004 Manhattan Hotel Market Overview HVS International / NYU June 7, 2004 Manhattan Market Showed Signs of Recovery in 2003 Manhattan to Achieve a RevPAR Increase of 7.8% by Year-End 2004 Manhattan to Reach 1999 Occupancy Levels by 2006 Manhattan to Reach 2000 Average Rate Levels by 2006 HVS International, a global hospitality consulting firm, in conjunction with New York Universitys Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management, recently completed the 2004 Manhattan Hotel Market Overview. The Manhattan lodging market ended in 2003 on a ver...
Mandalay Resort Group Accepts $7.9 billion Buyout Offer from MGM Mirage; Will Be World's Largest Gambling Company and Dominate Las Vegas Market
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 Mandalay Resort Group Accepts $7.9 billion Buyout Offer from MGM Mirage; Will Be World's Largest Gambling Company and Dominate Las Vegas Market LAS VEGAS, June 16, 2004 - MGM MIRAGE (NYSE: MGG) and Mandalay Resort Group (NYSE: MBG) today jointly announced that they have entered into a definitive merger agreement un...
Mandalay Resort Group Board Meets for 7 Hours Before Accepting MGM Mirage Offer; Deal Will Recieve Thorough FTC Investigation, Likely Causing Delay
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy Rod Smith, Las Vegas Review-JournalKnight Ridder/Tribune Business News June 16, 2004 - After a seven-hour meeting behind closed doors, Mandalay Resort Group's board of directors late Tuesday gave a thumbs up to MGM Mirage's $7.9 billion buyout proposal, an MGM Mirage executive said late Tuesday. MGM Mirage's board had met earlier in the day and approved a definitive agreement that would create the largest gaming company in the world with combined revenues of nearly $7 billion a year. Mandalay's board completed what many observers thought would be a routine vote, agreeing about 9:30 p....
Radisson SAS Hotels & Resorts Signs Management Contract for $30 million Radisson SAS Palace Hotel Located in Ohrid, Macedonia, To Open in 2006 / June
February 28, 2004
Hotel Online Special Report Radisson SAS Hotels & Resorts Signs Management Contract for $30 million Radisson SAS Palace Hotel Located in Ohrid, Macedonia, To Open in 2006 Brussels, June 2004 . Radisson SAS Hotels & Resorts, the first class hotel brand of Rezidor SAS Hospitality, has signed an agreement to manage its first hotel in Macedonia. The 25 million Euro (approx. $30 million U.S.) Radisson SAS Palace Hotel will be located in the city center of Ohrid on the northeastern coast of Lake Ohrid, and is slated to open in March 2006. The hotel is being designed by WAT&G and will offer 140 guest rooms including...
Marriott International Partners With M-Tech For Online Preventive Maintenance / June 2004
February 28, 2004
Hotel Online Special Report Marriott International Partners With M-Tech For Online Preventive Maintenance More than 400 Courtyard, Residence Inn, SpringHill Suites and TownePlace Suites properties are increasing asset value and improving guest satisfaction online with M-Techs PMWorks powered by HotSOS MIAMI JUNE 4, 2004 Management Technologies has completed todayin record timethe roll-out of its online preventive maintenance solution, PMWorkspowered by HotSOS (pronounced hot sauce) for over 400 select-service and extended-stay Marriott International brands, including all Courtyard, Resid...
February 28, 2004
Hotel Online Special Report Exciting New ASP From M-TECH Helps Hotels Deliver On Service Promises And Exceed Guests Expectations Internet-powered Hotel Service Optimization System (hotSOS) coming to HITEC; System recently rolled out in record time at more than 450 hotels. Miami June 21, 2004 This week thousands of hospitality information-technology and purchasing professionals will flock to Dallas to attend the Hospitality Industry Technology Exposition & Conference, June 22 - 24, in search of the technology solution to help them deliver a consistent guest experience, better guest service, and inc...
Vail Resorts Inc. Reports 3rd Qtr Net Income of $62.5 million; Best Ever Third Quarter / June 2004
February 28, 2004
Hotel Online Special Report Vail Resorts Inc. Reports 3rd Qtr Net Income of $62.5 million; Best Ever Third Quarter VAIL, Colo., June 14, 2004 - Vail Resorts, Inc. (NYSE: MTN) announced today financial results for the third quarter of fiscal 2004 ended April 30, 2004. Record third quarter Resort revenue, up 10.4% over same period last year Effective Ticket Price (ETP) for the quarter up 11.9% compared to same period last year Record third quarter Resort Reported EBITDA, 15.7% higher than last year Net income for the quarter up 86.3% to $62.5 million Resort Reported EBITDA guidance range for fis...
Martin Sinclair Appointed General Manager Four Seasons Resort Nevis; Departing General Manager Robert Whitfield to Take Helm at New Four Seasons Hotel
February 28, 2004
Hotel Online Special Report Martin Sinclair Appointed General Manager Four Seasons Resort Nevis - Departing General Manager Robert Whitfield to Take Helm at New Four Seasons Hotel in Palo Alto, California NEVIS, West Indies June 24, 2004 Four Seasons Hotels and Resorts is pleased to announce the appointment of Martin Sinclair to General Manager. Sinclair joined Four Seasons Resort Nevis in September 2002 in the role of Resort Manager. A seasoned hospitality executive, he brings to his post more than 20 years of experience in Four Seasons Hotels and Resorts across the world. Effective August 1,...
The 2004 Ranking of Hotel Groups; Including the Ten Hotel Groups with the Greatest Increase in Number of Rooms / MKG Consulting / June 2004
February 28, 2004
Hotel Online Special Report The 2004 Ranking of Hotel Groups; Including the Ten Hotel Groups with the Greatest Increase in Number of Rooms Paris, 4 June 2004 - The detailed assessment of the worldwide hotel industry undertaken each year by MKG Consulting is now available. It broadens the preliminary results published on March 29 of the 10 largest groups in the world, and the 20 largest brands established throughout the world. The detailed assessment concerns the analysis of 180 hotel groups having at least 2,000 rooms. At the top of the ranking, three European groups have come to contest the American supremacy wi...
French Chain Hotel Performance On the Rise, May 2004 RevPAR Up +8.5% Over Previous Year / MKG Consulting / June 2004
February 28, 2004
Hotel Online Special Report French Chain Hotel Performance On the Rise, May 2004 RevPAR Up +8.5% Over Previous Year / MKG French hotel activity in May 2004 Paris, 21 June 2004 - Last May, all French chain hotel performance indicators, in all categories, were on the rise, with the sole exception of a price-stabilisation in the 3-star category. With a +8.5% rise, revenue per available room (RevPAR) saw its strongest growth since the crisis following September 11th 2001. The return to normal activity partly explains the recovery over May 2003, which was marked by a significant drop. But more than ever, the reduced nu...
Michael Gallegos' Company, American Property Management Corp., Has Acquired 45 hotels and Sold Six 14 years; Recieves Ernst & Young Entrepreneu
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 Michael Gallegos' Company, American Property Management Corp., Has Acquired 45 hotels and Sold Six 14 years; Recieves Ernst & Young Entrepreneur of the Year Award SAN DIEGO, June 24, 2004 - Michael Gallegos, president and CEO of San Diego-headquartered American Property Management Corp. (APMC), has been honored w...
Proposed MGM Mirage-Mandalay Merger Might Eliminate Some Deep Discounting of Room Rates on the Internet / June 2004
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy Rod Smith, Las Vegas Review-JournalKnight Ridder/Tribune Business News June 13, 2004 - Mandalay Resort Group may be saying no to a marriage with MGM Mirage, but industry insiders, analysts and experts still see some merits to a union between the two gaming giants. Despite some doubting Thomases, most of the gaming experts last week said the proposed $7.65 billion merger, which Mandalay rejected Friday afternoon, could have a tidal effect on Las Vegas gaming that would lift all boats forever rather than just a ripple effect that would shake up the industry. Deutsche Bank analyst Andrew...
MGM Mirage Offers to Buy Mandalay Resort Group for $7.65 billion / June 2004
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy Rod Smith, Las Vegas Review-JournalKnight Ridder/Tribune Business News Jun. 5, 2004 - In what would be a marriage of gaming industry titans, MGM Mirage announced late Friday that it has offered to buy Mandalay Resort Group for $7.65 billion. "The combination of these two great companies would provide Mandalay shareholders with a premium price for their shares and provides several strategic benefits to shareholders in MGM Mirage," MGM Mirage Chairman Terry Lanni said in a prepared statement. MGM Mirage is offering to pay $68 per share in a cash transaction that would include the assump...
Pansy Ho Chiu-king and MGM MIRAGE Will Co-own and Jointly Operate a Major Hotel Casino in Macau S.A.R. / June 2004
February 28, 2004
Hotel Online Special Report Pansy Ho Chiu-king and MGM MIRAGE Will Co-own and Jointly Operate a Major Hotel Casino in Macau S.A.R. LAS VEGAS, June 21, 2004 - MGM MIRAGE, (NYSE: MGG) announced today that it has entered into a joint venture agreement with Pansy Ho Chiu-king to develop, build and operate a major hotel-casino resort in Macau S.A.R. The facility, which will use the "MGM Grand" name, will be 50/50 owned and jointly operated by the two partners. The resort will be located on a prime waterfront site next to the planned Wynn Resorts facility and near the Lisboa hotel-casino, an area destined to become the...
JJW Hotels & Resorts Group Acquires the De Vigny and Balzac Hotels in Paris for $65 million / June 2004
February 28, 2004
Hotel Online Special Report JJW Hotels & Resorts Group Acquires the De Vigny and Balzac Hotels in Paris for $65 million MBI International finalizes $102 million luxury hotel acquisition in France; Acquisitions include De Vigny and Balzac boutique hotels for $65 million. London, 3 June 2004: MBI International, a $3 billion multinational with strong interests in the Middle East and Europe, has finalized a $102 million luxury hotel acquisition in France through its JJW Hotels & Resorts group, which includes two boutique hotels in the heart of Paris. The purchase marks the 15th anniversary of JJWs operat...
Marcos Agostini Named Chairman of The Caribbean Hotel Association Timeshare Committee / June 2004
February 28, 2004
Hotel Online Special Report Marcos Agostini Named Chairman of The Caribbean Hotel Association Timeshare Committee Miami, FL, June 28, 2004 - The Caribbean Hotel Association (CHA) recently named Marcos Agostini, region director for the Caribbean and Latin America for Interval International, as the Chairman of the newly formed CHA Timeshare Committee. The Timeshare Committee was designed to create awareness of the opportunities in timesharing - one of the fastest-growing segments of the hospitality industry. "Marcos Agostini's considerable knowledge of the industry and the region made him the prime candidate f...
February 28, 2004
Hotel Online Special Report MAI Canada, Ltd Will Exhibit at HITEC for the First Time; Showing New Vision Sales & Catering Application June 10, 2004 - MAI Canada, Ltd., (formerly a wholly owned subsidiary of MAI Systems Corporation) is now a privately held organization conducting business in Canada for over 35 years. The company is headquartered in Richmond Hill, Ontario and provides a wide array of services in primarily the Hospitality market by supplying software, hardware, training and support, as well as full consulting and networking facilities. For more than three decades, MAI Canada was the Canadian subsidiary ...
