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November 4th, 2024
Host Marriott Corporation Acquiring the The Fairmont Kea Lani Maui for $355 million, or $789,000 per room; Will Continue to be Managed by Fairmont / J
February 28, 2004
Hotel Online Special Report Host Marriott Corporation Acquiring the The Fairmont Kea Lani Maui for $355 million, or $789,000 per room; Will Continue to be Managed by Fairmont Fairmont Hotels & Resorts Inc. To Realize $110 Million Gain TORONTO, June 7, 2004 - Fairmont Hotels & Resorts Inc. today announced that it has agreed to sell The Fairmont Kea Lani Maui to Host Marriott Corporation for $355 million, or $789,000 per room. The resort will continue to be known as The Fairmont Kea Lani Maui and will be managed by Fairmont under the existing long-term management contract. The transaction is expected to close ...
Long-delayed $45.4 million Renovation of the Historic President Hotel on Track, Developer Ron Jury Obtains Permanent Construction Loan for the 214-r
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy Kevin Collison, The Kansas City Star, Mo.Knight Ridder/Tribune Business News Jun. 2, 2004 - KANSAS CITY, Mo. -- The long-delayed renovation of the historic President Hotel is expected to resume in earnest this month now that developer Ron Jury has completed his private financing. Jury said Tuesday that he signed a $12.9 million permanent construction loan with the Marshall Investments Corp. of Minnesota late last week, wrapping up the financing package required for the $45.4 million project. He already had obtained a commitment for a $15 million city-backed loan and $17.5 million in f...
The Occupancy Rate for Kansas City Area's 29,000 Rooms Was an Anemic 56% in 2003; 1st Qtr 2004 Occupancy of 51% Projects to 58% for the Year /
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy Rick Alm, The Kansas City Star, Mo.Knight Ridder/Tribune Business News Jun. 8, 2004 - Kansas City's troubled lodging industry is in recovery and doing well so far in 2004. A modest first-quarter bounce in the percentage of area hotel rooms occupied was very good news, said industry consultant Jeff Marvel of Horwath Horizon Hospitality Advisors of Kansas City. "It was only two points, but that was a pretty good jump," Marvel said. "It's the best we've seen since the late '90s." For all of 2003, Marvel charted the occupancy rate for the area's 29,000 rooms at an anemic 56 percent, the loca...
JeCheon City, South Korea in Design Phase for Massive Ski and Golf Resort Project Expected to Cost $822 million / June 2004...
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy Kristi Arellano, The Denver PostKnight Ridder/Tribune Business News June 11, 2004 - Seven golf courses and five ski slopes lie nestled among picturesque lakes and mountains. Themed villages -- including a hot springs resort and an "ecotherapy" center -- dot the landscape. There's a bustling industrial development, an "English town" -- even a Universal Studios-esque media complex. Welcome to the future of JeCheon City, where officials are launching a sweeping tourist and business development that will raise the profile of the central South Korean city of 150,000. And welcome to the world...
Jim Chapman Appointed Executive Chef of Food Operations in Yellowstone National Park / June 2004...
February 28, 2004
Hotel Online Special Report Jim Chapman Appointed Executive Chef of Food Operations in Yellowstone National Park YELLOWSTONE NATIONAL PARK, May 28, 2004 - Xanterra Parks & Resorts, operator of restaurants, lodging and activities in Yellowstone National Park, has appointed Jim Chapman executive chef of its food service operations in the park. Chapman is responsible for dining rooms, cafeterias, delis and snack shops in nine hotels located throughout the 2.2 million-acre park. Prior to joining Xanterra, Chapman was executive chef at a casino and resort in Mississippi as well as resorts in South Carolina, Vermont a...
MeriStar Hospitality Corporation Acquires the 484-room Marriott Irvine for $92.5 million / June 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 MeriStar Hospitality Corporation Acquires the 484-room Marriott Irvine for $92.5 million ARLINGTON, Va., June 28, 2004 MeriStar Hospitality Corporation (NYSE: MHX), one of the nations largest hotel real estate investment trusts (REIT), today announced that it had completed the acquisition of the Marriott Irvin...
Developer Intell Boston Harbor LLC Begins Construction on 424-room InterContinental Hotel in Boston / June 2004...
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy Chris Reidy, The Boston GlobeKnight Ridder/Tribune Business News June 10, 2004 - Construction began at 500 Atlantic Ave. this week on a 424-room InterContinental Boston hotel, whose upper floors will house 130 luxury condos, developer Intell Boston Harbor LLC said yesterday. Today the site in the Financial District between the proposed Rose Kennedy Greenway and Fort Point Channel is occupied by structures that are part of the ventilation system for the new depressed Central Artery, including two 237-foot high cement towers, said Brian Fallon, an owner of Intell Boston Harbor. Plans ca...
Jumeirah International and Interactive Sites Complete Phase One of Major Hotel Website Overhaul / June 2004...
February 28, 2004
Hotel Online Special Report Jumeirah International and Interactive Sites Complete Phase One of Major Hotel Website Overhaul Dubai (June 9, 2004) -- Jumeirah International has completed a major redesign of its website www.jumeirahinternational.com, as part of a three-stage development program. The enhanced look and user-friendly format, designed for the company by Interactive Sites of Scottsdale AZ, highlights Jumeirah Internationals commitment to meet the continuously changing needs and expectations of their customers for online content and improved functionality. Phase One has concentrated on design, navigation...
Bed and Breakfast Innkeeper's Lifestyle; Finance, Marketing, Maintenance, Chef…/ June 2004...
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy Anne Krishnan, The Herald-Sun, Durham, N.C.Knight Ridder/Tribune Business News June 22, 2004 - When Monica Edwards cleans, she's tackling thousands of square feet. When she cooks, it's often breakfast for six or eight. Edwards and her husband, Daniel, are innkeepers. As owners of Morehead Manor Bed & Breakfast, they open their 8,000-square-foot Durham house to guests who prefer the inn's more intimate experience to staying in a hotel. "It's running a home to a different level -- you just have strangers staying with you quite often," Monica Edwards said. The couple began traveling and s...
Pyramid Advisors and the Morgan Stanley Real Estate Fund Spending $6.5 million to Convert the Adam's Mark Hotel & Suites in Indianapolis to a
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy J.K. Wall, The Indianapolis StarKnight Ridder/Tribune Business News June 9, 2004 - New owners at the Adam's Mark Hotel & Suites Downtown are about to make a $6.5 million bet that they can score more business travelers willing to pay more for their rooms. Officials at Boston-based Pyramid Advisors and the Morgan Stanley Real Estate Fund, who jointly purchased the Downtown Adam's Mark in December, want to raise the hotel's average room rate per night to $130 to $140, up as much as 22 percent from the current $115 average. To do this, Pyramid and Morgan Stanley plan to change the hotel t...
InterContinental Hotels Group Opens 23 Hotels in March and April 2004 / June 2004...
February 28, 2004
Hotel Online Special Report InterContinental Hotels Group Opens 23 Hotels in March and April 2004 InterContinental Hotels Group Opened 23 Hotels in March and April 2004 Across the Americas ATLANTA, June 3, 2004 - InterContinental Hotels Group (LON: IHG), (NYSE: IHG) (ADRs), the world's largest and most global hotel company, today announced it opened 23 hotels in March and April 2004, an addition of more than 2,809 rooms across the Americas. Another notable addition to IHG portfolio during this time period is the announcement of a seventh brand -- Hotel Indigo(TM). Hotel Indigo is a new lodging alternative for...
InterContinental Hotels Group Provides Incentive Program to Attract African-American, Hispanic and Native American Entrepreneurs to Hotel Industry; Re
February 28, 2004
Hotel Online Special Report InterContinental Hotels Group Provides Incentive Program to Attract African-American, Hispanic and Native American Entrepreneurs to Hotel Industry; Reduces the Initial Application Fee to $10,000 ATLANTA, June 28, 2004 - InterContinental Hotels Group (LON: IHG) (NYSE: IHG) (ADRs), has announced a new incentive plan to attract African-American, Hispanic and Native American developers to its already diverse family of owners and operators of InterContinental Hotels & Resorts, Crowne Plaza, Holiday Inn, Holiday Inn Express, Staybridge Suites and Candlewood Suites branded hotels in ...
InterContinental Hotels Will Operate a 424 room Hotel at the 500 Atlantic Avenue Project in Boston; Signs Long-term Lease with Intell for the First Tw
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 Will Operate a 424 room Hotel at the 500 Atlantic Avenue Project in Boston; Signs Long-term Lease with Intell for the First Twelve Floors June 11, 2004 - Boston, MA - The InterContinental Boston and luxury residential project at 500 Atlantic Avenue is set to begin construction, announce...
Hotelier Morris Moinian Set to Buy Former 1,000-Room Hyatt Orlando; Plans to Renovate and Include Time-shares / June 2004...
February 28, 2004
Hotel Online News for the Hospitality ExecutiveThe Orlando Sentinel, Fla.Knight Ridder/Tribune Business News June 18, 2004 - The former Hyatt Orlando near Walt Disney World, which closed last September, may get new life under a New York-based owner. Hotelier Morris Moinian said Thursday that he has a contract to buy the nearly 1,000-room hotel off Interstate 4 and U.S. Highway 192 and expects to close "in short order." The hotel, which opened in the early 1970s, was the highest-profile victim of the economic downturn that claimed a handful of small motels in the Kissimmee area and north Orlando, and the Four Points Sheraton in downto...
Innovative Training Option Offered by HotelTraining.com / June 2004...
February 28, 2004
Hotel Online Special Report Innovative Training Option Offered by HotelTraining.com Dallas, TX June 1, 2004 - HotelTraining.com announced today the company has redeveloped the company's web site to offer a new purchase option. On-line purchasing can now be done with a "shopping cart". Individuals or companies can now purchase training for Reservations or Sales and Catering one individual at a time. "Our training is now even more accessible as this purchase option eliminates long term agreements or a requirement for a minimum number of people. said Jay Delerno, President of MacDel Inc., d/b/a HotelTraining.com ...
BringYourPet.com primes Pet Owners on Proper Hotel PETiquette / June 2004...
February 28, 2004
Hotel Online Special Report BringYourPet.com primes Pet Owners on Proper Hotel PETiquette Knoxville, TN -- June 17, 2004 In response to the upward trend of traveling pet owners and their pets staying in pet-friendly hotels, BringYourPet.com has updated their Web site pet etiquette section to reflect the needs of both hoteliers and pet owners alike. Yes, we have noticed a substantial increase in the number of travelers with pets in the past year, stated Pamela Wolff, Regional Director of the Vista Host Hotels. And we expect to see this upward trend continue. Although most traveling pets are very well-behaved, ...
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February 28, 2004
Hotel Online Special Report Yielding Software Must Have or Luxury? June 15, 2004 - In todays fast-paced hotel world, revenue managers face the daunting task of having to set prices for highly perishable inventory in multiple distribution channels for constantly changing demand. Maintaining rate integrity while maximizing online exposure has become a real challenge in hospitality cyberspace. Maximizing online market exposure by working with as many Internet providers as possible, still translates into increased bookings. However, reality is that many cutting-edge, new-millennium hoteliers actually limit their num...
HOFEX 2005 Exhibition in Hong Kong Teams Up with HOSTEC / June 2004...
February 28, 2004
Hotel Online Special Report HOFEX 2005 Exhibition in Hong Kong Teams Up with HOSTEC Hong Kong, China and Gaithersburg, MarylandJune 17, 2004 Accuvia and Hong Kong Exhibition Services Ltd, today announced a groundbreaking new move to better serve the technology sector in the Asian hospitality, foodservice and catering industries by co-locating the successful HOSTEC Conference and Exhibition alongside HOFEX to be run at the Hong Kong Convention and Exhibition Centre, Wanchai, Hong Kong from May 10th to 13th 2005. . . The Asia-Pacific hospitality technology sector receives a huge boost at next year's HOFEX 20...
Eduard Hoogeweegen Appointed General Manager, Dusit Inya Lake Resort, Myanmar / June 2004...
February 28, 2004
Hotel Online Special Report Eduard Hoogeweegen Appointed General Manager, Dusit Inya Lake Resort, Myanmar June 15, 2004 - Mr. Khampi Suwanarat, Chief Operating Officer of Dusit Hotels & Resorts, recently announced the appointment of Eduard Hoogeweegen as General Manager, Dusit Inya Lake Resort, Myanmar. Prior to joining Dusit Inya Lake Resort, Mr. Hoogeweegen was a Managing Partner of Café Adriatico, a specialty restaurant in Cebu City, Philippines from 2002-2003, and General Manager of Bayview Park Hotel Manila, Philippines in 1999-2001. His career as a hotelier has spanned various positions in the hotel indust...
Unique Agreement With Non-Profit Salvation Army Allows for Contruction of Homewood Suites by Hilton in Salt Lake City / June 2004...
February 28, 2004
Hotel Online Special Report Unique Agreement With Non-Profit Salvation Army Allows for Contruction of Homewood Suites by Hilton in Salt Lake City MEMPHIS, Tenn. - June 10, 2004 -- Homewood Suites by Hilton(R), the national brand of upscale all-suite, residential-style hotels, announced today a unique agreement for a 124-suite hotel in Salt Lake City. Rio Grande Development, LLC, a partnership between the Salvation Army and US Development, Inc., located in Layton, Utah, is developing the hotel, scheduled to open spring of 2005. Hilton Hotels Corporation will manage the hotel. The hotel has just broken grou...
LaSalle Hotel Properties Acquires the 241 room Hilton Alexandria Old Town for $59 million; Sandcastle Resorts & Hotels Named Manager / May 2004...
February 28, 2004
Hotel Online Special Report LaSalle Hotel Properties Acquires the 241 room Hilton Alexandria Old Town for $59 million; Sandcastle Resorts & Hotels Named Manager LaSalle Hotel Properties Acquires the Hilton Alexandria Old Town Hotel; Sandcastle Resorts & Hotels Named Manager of 241-room Upscale Full-Service Urban Hotel BETHESDA, Md. - May 28, 2004 -- LaSalle Hotel Properties (NYSE:LHO) today announced it has acquired the Hilton Alexandria Old Town for $59.0 million. The 241-room upscale full-service hotel is located in the heart of historic downtown Alexandria, Virginia, one of the most vibrant markets in the...
Highpointe Goes 100% Wireless with StayOnline / June 2004...
February 28, 2004
Hotel Online Special Report Highpointe Goes 100% Wireless with StayOnline Atlanta and Dallas, June 24, 2004 -- By the end of August, StayOnline will have installed 11 of Highpointe Hotel Corporations properties in the southeast with its high-speed wireless Internet solution. Highpointe, which currently manages 12 properties in Florida and Louisiana, chose StayOnline after an extensive search because of the excellent service the company offers its customers. Some of the HSIA providers will tell you that the installation and what follows will be flawless, said Dave Spangrud, Highpointes Regional Director, Hot...
Leona Helmsley, Now 83, Continues to Run Her New York Hotel Business; Occasional Forgetfulness May Be a Problem...
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy Joanna Molloy, Daily News, New YorkKnight Ridder/Tribune Business News June 15, 2004 - Friends and business associates of Leona Helmsley are worried about her -- saying the controversial billionaire hotel queen has become increasingly forgetful in recent months. She has failed to recognize longtime associates, gotten lost on several occasions and often appears confused, several sources told the Daily News. Helmsley, who turns 84 on the Fourth of July, continues to run the hotel business that her late husband Harry Helmsley left to her with the iron scepter that has earned her the epit...
Owner of the Helena Holiday Inn Downtown Ponders Reorganization Under Bankruptcy / June 2004...
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy John Harrington, Independent Record, Helena, Mont.Knight Ridder/Tribune Business News June 27, 2004 - Kevin DeTienne sees a bright future for the hospitality industry in Helena. And despite some recent financial troubles, the owner of the Holiday Inn Downtown believes he'll be around to see that future. After missing some payments on a $3 million remodel completed in late 1999, DeTienne's Holiday Inn has been threatened with a September foreclosure. DeTienne said he's pursuing long-term financing options to stave off his creditors, but that if he can't line something up, reorganizatio...
