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November 4th, 2024
Auditors Ernst & Young Issue Warning about Trump Hotels & Casino Resorts Ability to Continue as a Going Concern / March 2004
January 30, 2004
Hotel Online Special Report Auditors Ernst & Young Issue Warning about Trump Hotels & Casino Resorts Ability to Continue as a Going Concern Report of Independent Auditors - Ernst & Young Form 10-K for Trump Hotels & Casino Resorts Inc. 30-Mar-2004 Annual Report Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations This section contains forward-looking statements that involve risks and uncertainties, many of which are beyond our ability to control or predict. Our actual results may differ substantially from the results discussed in the forward-looking statements. T...
Donald Trump's Problems in Atlantic City Can Start with the Books and the $1.8 billion in Debt / March 2004
January 30, 2004
Hotel Online News for the Hospitality Executive Donald Trump's Problems in Atlantic City Can Start with the Books and the $1.8 billion in Debt By Elise Young, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Mar. 2, 2004 - An accountant trying to get a grip on Donald Trump's problems in Atlantic City can start with the books and the $1.8 billion in debt. Anyone else can hit the Boardwalk and marina, home to three of his casinos. It won't take long to see why Trump felt compelled to hand over control of his only public company, Trump Hotels & Casino Resorts Inc., in exchange for $400 million from an i...
East West Partners Poised to Begin Work On a $3 billion Project to Transform the Modest Town of Truckee, California Into a Resort Gateway / March 2004
January 30, 2004
Hotel Online News for the Hospitality Executive East West Partners Poised to Begin Work On a $3 billion Project to Transform the Modest Town of Truckee, California Into a Resort Gateway By Jason Blevins, The Denver Post Knight Ridder/Tribune Business News Mar. 28, 2004 - TRUCKEE, Calif. -- This rugged railroad town that straddles Interstate 80 near the north shore of Lake Tahoe is Avon 15 years ago: a home for worker bees from nearby resorts, a fill-'er-up stop on the highway. That's all about to change. Vail-based East West Partners, creator of the town of Beaver Creek and developer of downtown Denver's expansive...
Brewing Labor Dispute at the Travelodge San Francisco North Operated by Westmont Hospitality Group / March 2004
January 30, 2004
Hotel Online Special Report Brewing Labor Dispute at the Travelodge San Francisco North Operated by Westmont Hospitality Group SOUTH SAN FRANCISCO, Calif. - March 30, 2004 -- Today Local 340 of the Hotel Employees & Restaurant Employees Union (HERE) launched www.WestmontSFOTravelodgeWatch.info for information on the escalating labor dispute at the Travelodge San Francisco North. The hotel is located at 326 South Airport Boulevard in South San Francisco, and is operated by Houston-based Westmont Hospitality Group. Workers at the Travelodge SFO North have been in negotiations since October of 2003 with little progress...
AAA Signs with Travelweb for Access to Competitive Hotel Inventory / March 2004
January 30, 2004
Hotel Online Special Report AAA Signs with Travelweb for Access to Competitive Hotel Inventory Deal Expands AAA Members' Selection of Discounted Hotel Rooms from Leading Hotel Brands DALLAS - March 24, 2004 - Increasing access to quality hotel accommodations at discounted prices, AAA and Travelweb announced today a distribution agreement to provide AAA members access to Travelwebs net-rate inventories from more than 12,000 hotels worldwide. Through the agreement, AAA members can now book some of AAAs preferred partner hotels at more competitive rates. Travelweb is helping AAA increase its member benefits b...
Top Ten Pitfalls for Hoteliers To Avoid When Managing Online Travel Sites / March 2004
January 30, 2004
Top Ten Pitfalls for Hoteliers To Avoid When Managing Online Travel Sites March 2004 RATE PARITY AND RATE INTEGRITY IS QUESTIONABLE OR INNACURATE - When the consumer finds a different rate on every website they begin to wonder WHY, as well as question the integrity of both the hotel and the online travel website. This will most likely turn the consumer away from your property. POOR SITE PLACEMENT - Failure to work with travel site market managers will most likely leave you off the front page of their website. How often do YOU look past the front page? How often do YOUR customers look past the front page? ...
Online Travel Buyers Are Divided as to Which Type of Site Gets the Sale — Supplier or Online Travel Agency / PhoCusWright / March 2004
January 30, 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 Online Travel Buyers Are Divided as to Which Type of Site Gets the Sale -- Supplier or Online Travel Agency Suppliers Challenge Online Travel Agencies for Consumer Wallet Share Channel Switching Now Integral Part of Shopping Process by Stacy J. Moran March 1, 2004 - In 2003, 45% of online travel buyers purc...
Doubletree Recognizes Top Hotels for Performance During 2003 / March 2004
January 30, 2004
Hotel Online Special Report Doubletree Recognizes Top Hotels for Performance During 2003 BEVERLY HILLS, Calif., March 10, 2004 Doubletree recognized its properties for outstanding efforts in 2003 as part of the brands Hotel Performance Awards Program, which was held March 2-5 during the Hilton Hotels Corporations Full-Service Brand Conference in Chicago. Eleven awards were presented to hotels chosen from the brands 160 hotels across the U.S., Canada and Latin America. Each hotel received a trophy and individual recognition at specially planned celebratory receptions during the conference. ...
Final Deadline in Search for Top 100 People Who Dramatically Influenced the Hotel Industry / March 2004
January 30, 2004
Hotel Online Special Report Final Deadline in Search for Top 100 People Who Dramatically Influenced the Hotel Industry Phoenix, AZ (March 9, 2004) - Due to positive response from literally dozens of people around the globe and requests for additional time to submit more details on nominees, hotelier and educator John Hogan has extended an earlier closing date to 3/31/04 in order receive information and nominations on the Top 100 People of all time who Influenced and Changed the Hotel Industry While Hogans research will be used as partial fulfillment of his current quest to complete his doctorate in Interna...
Tony Bruno, VP and General Manager of Disneyland Resort Hotels, Maps Out 2004 Changes / Sandi Cain / March 2004
January 30, 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 Tony Bruno, VP and General Manager of Disneyland Resort Hotels, Maps Out 2004 Changes By Sandi Cain, March 2004 The Disneyland Resort has seen its share of management changes in recent years. But, through it all, Walt Disney Co. veteran Tony Bruno has been there to guide the resorts hotels. Bruno, a 16-year Disne...
Ritz-Carlton South Beach Selects Titan Of New York for Asset Management and Sales & Marketing Support / March 2004
January 30, 2004
Hotel Online Special Report Ritz-Carlton South Beach Selects Titan Of New York for Asset Management and Sales & Marketing Support MIAMI, Fla. FEBRUARY 27, 2004 - Titan of New York, LLC announced that its consulting and asset management firm has been retained to support the new Ritz-Carlton South Beach in Miami Beach, which opened on December 31, 2003. Titan founder D.C. Becker will be responsible for providing consulting services for sales, marketing, and strategic planning for the $200 million development located on the ocean in the heart of South Beachs Art Deco district. Becker described the new resort as...
Three of Five Lodging Segments (Upper Upscale, Upscale and Midscale without F&B) Experiencing Robust Performance Improvements in 2004 / March 2004
January 30, 2004
Hotel Online Special Report Three of Five Lodging Segments (Upper Upscale, Upscale and Midscale without F&B) Experiencing Robust Performance Improvements in 2004 NEW YORK, March 8, 2004 After three years of industry wide contraction, PricewaterhouseCoopers forecasts lodging demand will increase 4.5 percent in 2004, and lodging industry supply will grow 1.4 percent in 2004. As a result, lodging occupancy will advance by 0.9 percentage points to 61.2 percent, and RevPar for the industry will increase by 5.3 percent. (PricewaterhouseCoopers forecast more than a year ago, in December 2002, that 2004 RevPAR...
Thayer Interactive Group Receives Top Honors for Website Marketing Excellence at HSMAI Adrian Awards Show / March 2004
January 30, 2004
Hotel Online Special Report Thayer Interactive Group Receives Top Honors for Website Marketing Excellence at HSMAI Adrian Awards Show TIG Presented with Three Prestigious Awards for Hotel Website Design NEW YORK, NY March 15, 2004 Thayer Interactive Group (TIG) was recognized with three distinguished awards for web marketing excellence by the Hospitality Sales & Marketing Association International (HSMAI). The awards were handed out as part of the 2003 HSMAI Adrian Awards Competition in New York City, which attracted more than 1,500 entries from 50 countries. We are pleased to be recognized amo...
General Manager Dimitrios Zarikos Oversees the Opening of Four Seasons Resort Provence at Terre Blanche / March 2004
January 30, 2004
Hotel Online Special Report General Manager Dimitrios Zarikos Oversees the Opening of Four Seasons Resort Provence at Terre Blanche TORONTO, March 25, 2004 - Opening today, Four Seasons Resort Provence at Terre Blanche is located in a secluded and spectacularly scenic region of Provence, close to the Cote d'Azur. The 115-suite property has been built into a hillside just outside the villages of Tourrettes and Fayence, in the Domaine de Terre Blanche, with a backdrop of sloping vineyards, olive groves and lavender fields. The second property in France for Four Seasons Hotels and Resorts, this new Resort has b...
TeleAdapt Now Provide Disposable Cameras to Hotels and Resorts / March 2004
January 30, 2004
Hotel Online Special Report TeleAdapt Now Provide Disposable Cameras to Hotels and Resorts TeleAdapt diversifies its Minibar range of retail products 20 February 2004 - Disposable cameras are an exciting and universal way to capture those memories that you want to treasure forever. Often enough, when picture perfect moments arise, nobody has a camera at hand. With TeleAdapts disposable camera, those situations can be remedied! The TeleAdapt Group (www.teleadapt.com), a leading supplier of complete communications solutions and hotel accessories adds a high quality, custom branded disposable camera to its ...
January 30, 2004
Hotel Online Special Report TeleAdapts DeskHub Range of Internet Connection Points Short Listed for New Product Award at Eurotec/Hostec Exhibition 23 February 2004 - The TeleAdapt Group (www.teleadapt.com), a leading manufacturer of custom designed in-room connectivity solutions and a comprehensive range of retail mini-bar products, is delighted to have its DeskHub range of Internet connection points short listed for the New Product Award technology category at the Eurotec/Hostec show. The DeskHub® line currently consists of wired and wireless Internet access points, making connection to existing infrastructu...
The 20 Year Old Sheraton Tacoma Hotel For Sale; Asking Price: $36 million / March 2004
January 30, 2004
Hotel Online News for the Hospitality Executive The 20 Year Old Sheraton Tacoma Hotel For Sale; Asking Price: $36 million By Al Gibbs, The News Tribune, Tacoma, Wash. Knight Ridder/Tribune Business News Mar. 11, 2004 - The Sheraton Tacoma Hotel, a Broadway Plaza landmark since it opened 20 years ago, is for sale. Asking price: $36 million. "This is a unique moment in time, with low interest rates, the economy's beginning to recover and there are a number of hotel companies out there looking to buy," said Mark Matthews, the hotel's general manager. "With Tacoma's (downtown) recovery, it seems like an opportune time t...
Thomas Parke Appointed Director of Sales & Marketing for Turtle Bay Resort on Oahu's North Shore / March 2004
January 30, 2004
Hotel Online Special Report Thomas Parke Appointed Director of Sales & Marketing for Turtle Bay Resort on Oahu's North Shore NORTH SHORE, OAHU, HAWAII, March 2004 Benchmark Hospitality of The Woodlands, Texas, has appointed Thomas Parke director of sales & marketing for Turtle Bay Resort, the landmark property located on Oahu's North Shore. Mr. Parke brings 20 years of experience in marketing luxury properties to his new position at Turtle Bay Resort. Abid Butt, managing director, made the announcement. As director of sales and marketing, Parke will develop national and international marketing & sales strat...
January 30, 2004
Hotel Online Special Report Terry OLeary Appointed Senior Vice President, Asset Management at Highland Hospitality Corporation MCLEAN, VA, March 16, 2004 Highland Hospitality Corporation (NYSE:HIH) announced the appointment of Terry OLeary as Senior Vice President, Asset Management. Terry most recently served as Senior Vice President of Business Development for Prime Hospitality Corp. in Fairfield, New Jersey where he spent the last nine years in franchising and food and beverage. Prior to Prime Hospitality, Terry spent almost 25 years in other hospitality and food and beverage businesses. T...
Hotel Online: Hospitality News
January 30, 2004
Hotel Online News for the Hospitality Executive By Mike Pare, Chattanooga Times/Free Press, Tenn. Knight Ridder/Tribune Business News Mar. 6--An $11 million upgrade of the Read House is about 25 percent done as developers restore the historic hotel, double the size of a planned Starbucks and prepare to reflag the site as a Sheraton. "It's not a Band-Aid job. It will be an old hotel but have a very new look," said Jack Ward, an owner of the 78-year-old building. ...
Thompson Calhoun Fair, LLC, Brokers Sale of Clarion Inn & Suites Blue Ash in Cincinnati and the Homegate Studios in San Antonio / March 2004
January 30, 2004
Hotel Online Special Report Thompson Calhoun Fair, LLC, Brokers Sale of Clarion Inn & Suites Blue Ash in Cincinnati and the Homegate Studios in San Antonio ATLANTA, Georgia, March 30, 2004 - Thompson Calhoun Fair, LLC, an Atlanta-based hotel real estate firm, announced today it advised Midland Loan Services, Inc. in the disposition of the Clarion Inn & Suites Blue Ash located at the southwest corner of Interstate 71 and Pfeiffer Road in Cincinnati, Ohio. Blue Ash is located approximately 12 miles northeast of downtown Cincinnati. The six-story Clarion Inn & Suites offers 177 guest rooms including 45 two-room executive s...
Teri Burns Named Executive Director of Utah Hotel and Lodging Association / March 2004
January 30, 2004
Hotel Online News for the Hospitality Executive Teri Burns Named Executive Director of Utah Hotel and Lodging Association By Jeff DeMoss, Standard-Examiner, Ogden, Utah Knight Ridder/Tribune Business News Mar. 12, 2004 - An Ogden resident and long-time advocate for local tourism has been chosen to lead the largest promotional group for Utah's $4 billion hospitality industry. The Utah Hotel and Lodging Association recently selected Teri Burns, who has spent the last 25 years managing lodging properties and serving on a multitude of tourism-related committees, bureaus, and boards, as its new Executive Director. Bur...
Sunstone Hotels Investors Spending $2.4 million to Convert Radisson Hotel in Oxnard to a Courtyard by Marriott / March 2004
January 30, 2004
Hotel Online News for the Hospitality Executive Sunstone Hotels Investors Spending $2.4 million to Convert Radisson Hotel in Oxnard to a Courtyard by Marriott By Deborah Crowe, Ventura County Star, Calif. Knight Ridder/Tribune Business News Mar. 17, 2004 - The Radisson Hotel in Oxnard is undergoing a $2.4 million renovation in preparation for its conversion to a Courtyard by Marriott this spring. The makeover is one of the most prominent renovations occurring at several of the city's hotels amid stepped-up competition for business and leisure travelers with nearby Ventura hotels, which have spruced up their facilities ...
Measurements of Success; Don Farrell, Chairman of Signature, Talks to the 'Top Dogs' of Linchris Hotel Corporation / March 2004
January 30, 2004
March 2004 - Its my observation, that owners and operators who do well on the Signature training program usually do well at a lot of other things, says Signature's chairman, Don Farrell. Don was so interested in his observation that he hit the road to uncover how top industry performers such as Linchris, Northwest Management Company and The Hotel Group become top Signature performers. His interest wasnt limited to how these companies rose to the top but how theyve been able to maintain and sustain their legendary performance levels. These organizations not only provide excellent service to current and potential guest...
