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November 4th, 2024
New York City Hotel Occupancies for the Month of March, 2004 Reached their Highest Level for any March since 1969 / April 2004
February 28, 2004
Hotel Online Special Report New York City Hotel Occupancies for the Month of March, 2004 Reached their Highest Level for any March since 1969 Hotels fill, even as room rates rise New York, NY. April 13, 2004. New York City hotel occupancies for the month of March, 2004 reached their highest level for any March since 1969, according to John A. Fox, Sr. Vice President of PKF Consulting, the international hospitality advisory firm. According to Mr. Fox, preliminary data gathered by PKF/C for the month indicate City occupancies averaged nearly 85%. This is an extremely significant increase in occupa...
US Leisure Travel Reached a Record High in 2003; However, the Share of Leisure Traveler Visits to National and State Parks Reached a 10-year Low / Ap
February 28, 2004
Hotel Online Special Report US Leisure Travel Reached a Record High in 2003; However, the Share of Leisure Traveler Visits to National and State Parks Reached a 10-year Low Falls Church, VA April 29,2004 - US leisure travel reached a record high in 2003; however, the share of leisure travel parties reporting visits to historic sites and National/State parks reached a 10-year low. Park visitation volume has increased slightly over the past decade, but the proportion of leisure travel parties visiting parks is down significantly. With declining park budgets, maintenance problems, and park offerings remaining...
Historic New England Inns and Resorts Association Focuses on 21st Century Service for 320 Member Properties / April 2004
February 28, 2004
Hotel Online Special Report Historic New England Inns and Resorts Association Focuses on 21st Century Service for 320 Member Properties N. Hampton NH (April 21, 2004) -- The New England Inns and Resorts Association, the oldest hotel professional organization in the country, has just clarified its 21st century identity and membership/marketing mission to move aggressively toward its Centennial in 2007. The effort, which began last fall with a name change from the New England Innkeepers Association. includes new promotional and website resources to aid its growing member base which now includes 320 member ...
Radisson's Management Contract for Myrtle Beach Financed Hotel Needs Revision to Maintain Tax-exempt Status of the Bonds / April 2004
February 28, 2004
Hotel Online News for the Hospitality Executive Radisson's Management Contract for Myrtle Beach Financed Hotel Needs Revision to Maintain Tax-exempt Status of the Bonds By Dawn Bryant, The Sun News, Myrtle Beach, S.C. Knight Ridder/Tribune Business News Apr. 7, 2004 - Changes in federal regulations have put the city and the Radisson Plaza Hotel back at the negotiating table, hammering out a management contract for the hotel's operation. While taking care of wording to update legal changes with "qualified management agreements," officials are revisiting other items in the contract that shouldn't increase the city's co...
Myrtle Beach, S.C., Council Agrees to Bail Out the City-financed Radisson Plaza Hotel by Issuing $47.7 million in Bonds / April 2004
February 28, 2004
Hotel Online News for the Hospitality Executive Myrtle Beach, S.C., Council Agrees to Bail Out the City-financed Radisson Plaza Hotel by Issuing $47.7 million in Bonds By Dawn Bryant, The Sun News, Myrtle Beach, S.C. Knight Ridder/Tribune Business News Apr. 1, 2004 - Myrtle Beach will take on more debt to bail out the city-financed Radisson Plaza Hotel by issuing $47.7 million in bonds, a move approved Tuesday that could slow down some downtown redevelopment. Pushed to approve a plan before Thursday's bond default, City Council decided 4-2 to issue new bonds once negotiations for a buyout of current hotel bond holder...
Russia's President Hotel Selects Revelation from InfoGenesis / April 2004
February 28, 2004
Russia's President Hotel Selects Revelation from InfoGenesis SANTA BARBARA, CA - One of Russias finest five star hotels, the Moscow President Hotel, recently selected Revelation by InfoGenesis to manage all food and beverage transactions throughout the property. ImagePoint Ltd., a reseller of InfoGenesis software working through Hogatex Software GmbH, completed the sale and implementation. After an extensive technology evaluation, the President Hotel, located in the heart of Moscow on the picturesque banks of the Moscow River, selected InfoGenesis to replace an existing point-of-sale (POS) system. Revelations use of adva...
Molinaro Koger Structures Sale of Radisson Hotel Charleston / April 2004
February 28, 2004
Hotel Online Special Report Molinaro Koger Structures Sale of Radisson Hotel Charleston McLean, Virginia April 2, 2004 The accelerated pace of hotel real estate investor activity in the full-service sector is demonstrated by Molinaro Kogers announcement today that the firm closed the sale of the Radisson Hotel, Charleston, South Carolina, on behalf of Airport Properties Inc. The 159-room, eight-story hotel was purchased by Raj Parikh of Parikh & Parikh Associates, a Maple Shade, New Jersey-based hotel owner/operator with a portfolio of 16 hotels on the eastern seaboard. The Charleston purchase is Parikh...
Cynthia Mohr and Randall Tarr Named Sales Managers for the The Radisson Plaza Hotel Myrtle Beach / April 2004
February 28, 2004
Hotel Online Special Report Cynthia Mohr and Randall Tarr Named Sales Managers for the The Radisson Plaza Hotel Myrtle Beach April 20, 2004, Myrtle Beach, S.C. - The Radisson Plaza Hotel Myrtle Beach has named Cynthia Mohr and Randall Tarr as Sales Managers for the hotel's growing sales and marketing department. Their responsibilities include generating business by internal and external sales calls; attending appropriate travel and trade shows; client relations; coordinating all group sales efforts and generating conference and meeting business for the hotel. Mohr joins the Radisson Plaza Hotel from Kingston...
Miraval Resort's Spa Garner's Nations Best Spa from Four Magazines / April 2004
February 28, 2004
Hotel Online News for the Hospitality Executive Miraval Resort's Spa Garner's "Nations Best Spa" from Four Magazines By Karen Mracek, The Arizona Daily Star, Tucson Knight Ridder/Tribune Business News Apr. 13, 2004 - Four national publications have named Miraval Life in Balance the nation's best spa in the past year. In this month's Conde Nast Traveler magazine, Miraval is recognized as the best destination spa in the United States. The spa, north of Tucson in Catalina, also has been recognized as the world's best overall spa by Travel + Leisure magazine, the nation's best destination spa by Zagat Survey and the nati...
Choice Hotels' Minot Reservations Call Center Produced $74.5 million in Revenue in 2003; Sales Representative Christa Bjordahl the Top Revenue Pr
February 28, 2004
Hotel Online Special Report Choice Hotels' Minot Reservations Call Center Produced $74.5 million in Revenue in 2003; Sales Representative Christa Bjordahl the Top Revenue Producer MINOT, N.D. (April 2, 2004) -- At the 7th Annual Million Dollar Club Celebration recently held at Minots new 126-unit Sleep Inn, Inn & Suites, Chuck Ledsinger, President and CEO of Choice Hotels International, and other key Choice executives honored 64 sales representatives of Minots Million Dollar Club. The Million Dollar Club is a recognized program for sales representatives who produce at least $1 million in revenue wit...
Venice, Rome, Florence and Milan Manage to Achieve Some of the Highest RevPARs in the World; the Italian hotel market / Deloitte / April 2004
February 28, 2004
Hotel Online Special Report Venice, Rome, Florence and Milan Manage to Achieve Some of the Highest RevPARs in the World; The Italian Hotel Market / Deloitte April 2004 - Milans fashion week came to an end last month, with Tom Ford presenting his last show for the fashion house Gucci, signifying an end of an era in fashion. Whilst this era may be over, a new era is starting to emerge in terms of the relationship between the fashion and hotel industries. Next month sees the opening of the Bulgari hotel in Milan. Cerruti and Armani branded hotels are also planned and it is seems likely that both will c...
MeriStar to acquire the Ritz-Carlton Pentagon City in Arlington, Va. for $93 million / April 2004
February 28, 2004
Hotel Online Special Report MeriStar to acquire the Ritz-Carlton Pentagon City in Arlington, Va. for $93 million ARLINGTON, Va. - April 6, 2004 -- MeriStar Hospitality Corporation (NYSE: MHX), one of the nation's largest hotel real estate investment trusts (REIT), today announced that it had signed a definitive agreement to acquire the four-star, four-diamond Ritz-Carlton Pentagon City in Arlington, Va. for $93 million. Located 10 minutes from downtown Washington, D.C., and five minutes from Reagan National Airport, the 366-room luxury hotel will be operated by Ritz-Carlton. The transaction is expected to clo...
Coconut Grove's Mayfair House Hotel, Aging Monument to High-Flying Miami of 1980s, Attracts Buyer / April 2004
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy Douglas Hanks III, The Miami HeraldKnight Ridder/Tribune Business News Apr. 16, 2004 - The Chicago company converting Islamorada's Cheeca Lodge into a condominium resort has a similar plan for Coconut Grove's Mayfair House hotel, executives familiar with the deal said Thursday. Falor Cos. has a contract to buy the Mayfair and would sell its 179 rooms to investors, who could stay in their units or try and rent them to guests. The hotel-condo arrangement is popular with South Florida developers as a way to raise upfront cash for a hotel project. The plan by Falor Cos. would pump $6.5 mi...
Larco Hospitality Opens the 249 room Renaissance Toronto Airport Hotel / April 2004
February 28, 2004
Hotel Online Special Report Larco Hospitality Opens the 249 room Renaissance Toronto Airport Hotel New Hotel Showcases Canadian Décor TORONTO - April 12, 2004 - Renaissance Hotels and Resorts, a full-service division of Marriott International, Inc. (NYSE:MAR), announced today the opening of the new Renaissance Toronto Airport Hotel. Located at 801 Dixon Road in Toronto, the Renaissance Toronto Airport Hotel boasts 249 elegant rooms, six suites, and one club floor and lounge. The hotel is owned by Vancouver-based Larco Hospitality. The Renaissance Toronto Airport Hotels unique property design o...
Marriott Vacation Club International Developing Eighth Resort on Hilton Head Island, S.C., Marriott's SurfWatch with 195 Villas / April 2004
February 28, 2004
Hotel Online Special Report Marriott Vacation Club International Developing Eighth Resort on Hilton Head Island, S.C., Marriott's SurfWatch with 195 Villas HILTON HEAD ISLAND, S.C., April 1, 2004 - Marriott Vacation Club International (MVCI), the vacation ownership division of Marriott International Inc. (NYSE: MAR - News), began sales today of the company's eighth resort on Hilton Head Island, S.C. Slated for first phase occupancy summer 2005, Marriott's SurfWatch is proposed to include 195 two- and three-bedroom villas on 31 seaside acres. Initial prices range from $7,900 to $40,900 per week of deeded ...
New 320-Room Ritz-Carlton and 591-Room JW Marriott Hotels Scheduled to Open In Beijing in 2007 / April 2004
February 28, 2004
Hotel Online Special Report New 320-Room Ritz-Carlton and 591-Room JW Marriott Hotels Scheduled to Open In Beijing in 2007 BEIJING, April 23, 2004 - Marriott International, Inc. (NYSE: MAR) will introduce two of its luxury hotel brands in Beijing in 2007 under a management agreement announced today by Beijing Guohua Real Estate Co., Ltd. Located on the eastern edge of the city's Central Business District on Changan Avenue, Beijing's most famous thoroughfare, the hotels are the 320- room The Ritz-Carlton, Beijing and the 591-room JW Marriott Hotel Beijing. Both properties will be part of a massive development...
Marriott Expects to Receive $200 million from Cendant for the Rights to the Domestic Ramada Brand / April 2004
February 28, 2004
Hotel Online Special Report Marriott Expects to Receive $200 million from Cendant for the Rights to the Domestic Ramada Brand Marriott International's Two Flags Joint Venture Interest Redeemed April 2, 2004 - Marriott International, Inc. today announced that Cendant Corporation has exercised its option to redeem Marriott's interest in the Two Flags joint venture, which owns the trademarks and licenses for the Ramada and Days Inn lodging brands in the United States. Marriott continues to own the trademarks and licenses for Ramada outside of the United States; operate and franchise hotels outside of the Un...
Bank that Seized the Palm Springs Marquis Hotel Finds a Buyer / April 2004
February 28, 2004
Hotel Online News for the Hospitality Executive Bank that Seized the Palm Springs Marquis Hotel Finds a Buyer By Jonathan Shikes, The Press-Enterprise, Riverside, Calif. Knight Ridder/Tribune Business News Apr. 8, 2004 - More than 15 months after it seized the Palm Springs Marquis Hotel, the bank that owns the vacant downtown Palm Springs resort has finally found a buyer. An affiliate of Las Vegas-based USA Investment Partners, which also owns 63 time-share units that used to be a part of the hotel, purchased the Marquis at the end of March, said Joseph Milanowski, president of USA Capital, by phone. "This isn't o...
Brian Ebbs and Mark Pearson Appointed MainStay Suites Franchise Sales Directors / April 2004
February 28, 2004
Hotel Online Special Report Brian Ebbs and Mark Pearson Appointed MainStay Suites Franchise Sales Directors SILVER SPRING, Md. (April 13, 2003) -- Choice Hotels International, Inc. (NYSE:CHH) has augmented its MainStay Suites franchise sales team with two seasoned industry professionals. As Choice Hotels franchise sales directors, Brian Ebbs and Mark Pearson will be responsible for selling MainStay Suites franchises in the eastern and midwestern regions of the U.S. As a Choice Hotels franchise sales director, Ebbs is responsible for expansion of the MainStay Suites brand in the eastern part of the United...
Marc Pujalet Appointed President and Chief Marketing Officer for Noble House Hotels and Resorts / April 2004
February 28, 2004
Hotel Online Special Report Marc Pujalet Appointed President and Chief Marketing Officer for Noble House Hotels and Resorts SEATTLE, WA (April 21, 2004) -- Noble House Hotels and Resorts announced today that it has appointed Marc Pujalet to the position of president and chief marketing officer. In this role, Pujalet retains his responsibilities as CMO, and assumes operations responsibility for the Noble House management company. In the year that Marc has been with Noble House, he has achieved tremendous results in the sales and marketing arena and demonstrated a dynamic leadership style that has been a...
Mary Jo Martin, a SVP with PKF Consulting, Recipient of Richard L. Swig Hospitality Leadership Award / April 2004
February 28, 2004
Hotel Online Special Report Mary Jo Martin, a SVP with PKF Consulting, Recipient of Richard L. Swig Hospitality Leadership Award Annual Award Given by University of San Francisco to Lifetime Achievers in Bay Area Hotel Industry San Francisco. April 19, 2004. The University of San Franciscos Hospitality Management Program at the McLaren College of Business today presented its seventh annual Richard L. Swig Hospitality Leadership Award to Mary Jo Martin, a Senior Vice President with national hotel consulting firm PKF Consulting. The award was presented at the Richard L. Swig Hospitality Leadersh...
Mike Leven, CEO and President of U.S. Franchise Systems Inc., Reminds Johnson & Wales University Hospitality Students that Customer Service a Prior
February 28, 2004
Hotel Online News for the Hospitality ExecutiveBy Paul Grimaldi, Providence Journal, R.I.Knight Ridder/Tribune Business News Apr. 16, 2004 - PROVIDENCE, R.I. -- A veteran hotel industry executive returned to New England to remind Johnson & Wales University hospitality students that customer service should be the priority guiding their day-to-day work. Mike Leven, chief executive officer and president of Atlanta-based U.S. Franchise Systems Inc., visited the capital city last week as part of a lecture tour of the university's campuses. Leven, a Boston native and graduate of both Tufts and Boston universities, has spent more than 40 ye...
MGM MIRAGE Reports Significant Incremental Progress in its Diversity Efforts in Employment, Purchasing, Construction, Sales, Diversity Relations and P
February 28, 2004
Hotel Online Special Report MGM MIRAGE Reports Significant Incremental Progress in its Diversity Efforts in Employment, Purchasing, Construction, Sales, Diversity Relations and Philanthropy LAS VEGAS, April 20, 2004 - The gaming industry's first company to launch a formal diversity initiative today reported its latest accomplishments at a meeting attended by more than 400 suppliers, contractors, diversity partners, company executives, business and community leaders. In delivering his third annual diversity address, Terry Lanni, Chairman and CEO of MGM MIRAGE (NYSE: MGG), reported significant incremental p...
MGM MIRAGE Reports 1st Qtr 2004 Net Profit of $105.8 million Double from 2003; Most Profitable Quarter Ever / April 2004
February 28, 2004
Hotel Online Special Report MGM MIRAGE Reports 1st Qtr 2004 Net Profit of $105.8 million Double from 2003; Most Profitable Quarter Ever LAS VEGAS, April 21, 2004 - MGM MIRAGE (NYSE: MGG) today reported its first quarter 2004 financial results. Adjusted earnings from continuing operations per diluted share ("Adjusted EPS") increased to an all-time record $0.70 in the first quarter of 2004 from $0.38 in the 2003 quarter. The increase resulted from strong visitor levels and customer spending in all areas, highlighted by a significant 11% increase in REVPAR (revenue per available room) at the Company's Las ...
