Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
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USA's Largest Hotel, the 5,034-room MGM Grand, Getting a Makover at the Old Age of 10 / March 2004
January 30, 2004
Hotel Online News for the Hospitality Executive USA's Largest Hotel, the 5,034-room MGM Grand, Getting a Makover at the Old Age of 10 By Chris Jones, Las Vegas Review-Journal Knight Ridder/Tribune Business News Mar. 11, 2004 - In the ultracompetitive game of "Here, here! Look at me!" that helps dictate success or failure for properties up and down the Strip, it never pays to come across as too old or outdated. That's why the nation's largest hotel is getting a face lift at the ripe old age of 10, a bit of preteen cosmetic surgery that MGM Grand executives and industry experts believe will allow the 5,034-room property...
Michael Consuelo Appointed Director of Group Sales at Grand Wailea Resort Hotel & Spa / 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 Michael Consuelo Appointed Director of Group Sales at Grand Wailea Resort Hotel & Spa WAILEA, (MAUI) Hawaii (March 16, 2004) -- Grand Wailea Resort Hotel & Spa welcomes a new director of group sales to the resort's sales team, Michael Consuelo. As a Certified Hospitality Marketing Executive (CHME), Grand Wailea R...
Marcus Corporation Reports Net Earnings were $2.3 million for the 3rd Qtr 2004; Improved Performance from Baymont Inns & Suites / March 2004
January 30, 2004
Hotel Online Special Report Marcus Corporation Reports Net Earnings Were $2.3 million for the 3rd Qtr 2004; Improved Performance from Baymont Inns & Suites MILWAUKEE - March 18, 2004--The Marcus Corporation (NYSE: MCS) today reported increased revenues and earnings for the third quarter ended February 26, 2004. Total revenues for the third quarter of fiscal 2004 were $94,431,000, a 2.7% increase from revenues of $91,986,000 for the third quarter of the prior year. Net earnings were $2,284,000 or $0.08 per diluted share for the third quarter of fiscal 2004, a 31.6% increase from net earnings of $1,735,000 o...
Mandalay Resort Group Reports 2003 4th Qtr Net Income Rose to $22.8 million from $4.2 million a Year-earlier; 22% Increase in RevPAR for Las Vegas Str
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 Mandalay Resort Group Reports 2003 4th Qtr Net Income Rose to $22.8 million from $4.2 million a Year-earlier; 22% Increase in RevPAR for Las Vegas Strip Hotels LAS VEGAS, March 4, 2004 - Mandalay Resort Group (NYSE: MBG) today announced results for its fourth quarter and fiscal year ended January 31, 2004. For the ...
Los Angeles Hoteliers Experience Hosting the 2000 Democratic National Convention Sets Example and Warning to Boston Hoteliers / March 2004
January 30, 2004
Hotel Online News for the Hospitality Executive Los Angeles Hoteliers Experience Hosting the 2000 Democratic National Convention Sets Example and Warning to Boston Hoteliers By Keith Reed, The Boston Globe Knight Ridder/Tribune Business News Mar. 28, 2004 - LOS ANGELES -- When 35,000 people came here for the 2000 Democratic National Convention, business at the Millennium Biltmore Hotel shot through the roof. The hotel's 683 rooms were 100 percent full for a week in August, when downtown hotels are usually half empty. Demand for rooms helped double room rates at the hotel, to about $200 a night -- a premium during the ...
Dubai and Mauritius the Top Two Long Haul Destinations from the UK; Have Displaced the Caribbean and Canary Islands / March 2004
January 30, 2004
Hotel Online Special Report Discount Hotels London, Sydney, Rome, Amsterdam Paris, Melbourne, Lisbon, Barcelona, Berlin, Hong Kong, New York, Auckland Discount Hotels London, Sydney, Rome, Amsterdam Paris, Melbourne, Lisbon, Barcelona, Berlin, Hong Kong, New York, Auckland Dubai and Mauritius the Top Two Long Haul Destinations from the UK; Have Displaced the Caribbean and Canary Islands (Dubai, February 2004): Dubais strategic location as the closest long-haul destination to Europe is helping the emirate to secure increased incentive travel, according to the industrys...
US Casino Workers Union Urges UK Shareholders to Reject London Clubs Proposal to Reward Senior Officers Involved in Aladdin Hotel & Casino Debacle /
January 30, 2004
Hotel Online Special Report US Casino Workers Union Urges UK Shareholders to Reject London Clubs Proposal to Reward Senior Officers Involved in Aladdin Hotel & Casino Debacle LAS VEGAS -- March 24, 2004 -- Today, a US casino workers union called on UK shareholders of London Clubs International PLC to vote down a company proposal to reward the senior officers with a long-term stock option plan who were involved in a Las Vegas venture that brought the company to the brink of collapse. "We represent over 80,000 gaming workers in the United States," said Maya Holmes, Culinary Workers Union, Local 226 Research Di...
Hotel Online: Hospitality News
January 30, 2004
Hotel Online News for the Hospitality Executive Loews Hotel Executives Draw Lessons from TLC Reality Show By Becky Pallack, The Arizona Daily Star, Tucson Knight Ridder/Tribune Business News Mar. 8--What happens when the CEO of a major resort hotel chain has to make the beds and carry the bags? Can he make a bed as well as he can make a budget? Or run a vacuum as well as a board meeting? That's the premise of a new TV show called "Now Who's Boss?" on The Learning Channel. Loews Hotels CEO Jonathan Tisch is the subject of tonight's debut episode, which airs at 11. During taping of the show in June, Tisch le...
Dramatic Increases in U.S. Lodging Industry IPOs, Equity Offerings and M&A Activity Will Occur in 2004 / March 2004
January 30, 2004
Hotel Online Special Report Dramatic Increases in U.S. Lodging Industry IPOs, Equity Offerings and M&A Activity Will Occur in 2004 March 2004 - PricewaterhouseCoopers estimates that the pace of Initial Public Offerings (IPOs), public equity raised and Mergers & Acquisitions (M&As) will increase significantly in 2004. IPOs (Intial Public Offerings) PricewaterhouseCoopers estimates that in 2004 the U.S. lodging industry IPO activity will be the highest since 1996, when there were 12 public offerings, and $1.06 billion raised. PricewaterhouseCoopers estimates that there will be four to seven IPOs, including s...
Owners Hope the Wyndham Banner Will Provide Success for the Lincoln Plaza Hotel & Conference Center in Reading, Pennsylvania / March 2004
January 30, 2004
Hotel Online News for the Hospitality Executive Owners Hope the Wyndham Banner Will Provide Success for the Lincoln Plaza Hotel & Conference Center in Reading, Pennsylvania By Christopher Hinz, Reading Eagle, Pa. Knight Ridder/Tribune Business News Mar. 3, 2004 - A long-rumored franchise deal between the Lincoln Plaza Hotel & Conference Center at Fifth and Washington streets and Dallas-based upscale hotel chain Wyndham International Inc. is nearing completion. The hotel is owned by John B. Rosenthal and Richard Barnhart of Philadelphia-based Pennrose Properties. Rosenthal said Tuesday that a new subsidiary corporati...
Hotel Online: Hospitality News
January 30, 2004
Hotel Online News for the Hospitality ExecutiveBed, Breakfast Lures Travelers to Scenic Laurens County, Ga., FarmBy Wayne Crenshaw, The Macon Telegraph, Ga.Knight Ridder/Tribune Business News Mar. 8--DUBLIN, Ga. -- At the end of a bumpy dirt road off Ga. 19 is one of Laurens County's best-kept travel secrets. But Heinz Krassnig hopes it won't be a secret for long. The Austrian and his girlfriend, Maria Runggaldier, opened Come Home to the County Bed & Breakfast Vacation Farm in November. With its remote location, the four-bedroom inn isn't well known at the moment -- there's not even a sign on the highway -- but Krassnig is hopeful the word ...
The Practice of Hoteliers Outsourcing Their Laundry Is Growing / March 2004
January 30, 2004
Hotel Online News for the Hospitality Executive The Practice of Hoteliers Outsourcing Their Laundry Is Growing By D. E. Leger, The Miami Herald Knight Ridder/Tribune Business News Mar. 29, 2004 - Seated in an armchair in the vast lobby of a South Beach hotel teeming with spring breakers, Tom Bresson leaned over to share a practice that hotels might prefer to keep to themselves: "You'd be surprised to learn how many hotels don't iron their sheets," he said. "They plop them on beds with all their wrinkles!" But for Bresson, a hotel's wrinkled linens mean opportunity. Bresson is the owner of Triple-A-Linen, which sp...
Great Eagle Holdings Limited Will Assume Management and Rebrand as Langham the Sheraton Towers Southgate in Melbourne, Australia and Sheraton Auckland
January 30, 2004
Hotel Online Special Report Great Eagle Holdings Limited Will Assume Management and Rebrand as Langham the Sheraton Towers Southgate in Melbourne, Australia and Sheraton Auckland Hotel & Towers in Auckland Hong Kong,15th March 2004 ----- Langham Hotels International (LHI) the hotel operating and asset management arm of Great Eagle Holdings Limited, announced today that the management contracts with the Starwood Group in relation to its wholly-owned Sheraton Towers Southgate in Melbourne, Australia and Sheraton Auckland Hotel & Towers in Auckland, New Zealand would expire by agreement on 31st December 2004. ...
La Quinta Inn & Suites in Galveston, Texas Is 100th Franchised Property for La Quinta Corporation / March 2004
January 30, 2004
Hotel Online Special Report La Quinta Inn & Suites in Galveston, Texas Is 100th Franchised Property for La Quinta Corporation LAS VEGAS (March 16, 2004) Celebrating more than two years of record growth and achievement, Dallas-based La Quinta Corporation (NYSE: LQI) announced the opening of its 100th franchised property, a La Quinta Inn & Suites in Galveston, TX, during the companys 2004 National Conference for owners and general managers. The brand new 71-room, four-story hotel is conveniently located for leisure and business travelers at 8710 Seawall Boulevard, steps from the oceanfront, and less than two ...
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 Larry E. York to Head Virginia Techs Donaldson Brown Hotel and Conference Center BLACKSBURG, March 4, 2004 The Hilton Hotel Corporation has named Larry E. York of Hardy, Va., to serve as assistant general manager of Virginia Techs Donaldson Brown Hotel and Conference Center (DBHCC). In his new capacity, York ...
Neumann to Manage Benchmark's Cheyenne Mountain Resort / 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 Laura Neumann to Manage Benchmark's Cheyenne Mountain Resort THE WOODLANDS, TEXAS, March 5, 2004 — Benchmark Hospitality has announced the appointment of Laura A. ...
Kuwait City Hotel Occupancy Nearly Doubles Since 2000 Despite the Expansion of New Hotel Rooms / 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 Kuwait City Hotel Occupancy Nearly Doubles Since 2000 Despite the Expansion of New Hotel Rooms Boom in the hospitality sector set to continue Kuwait, March 2004: Results in a leading hospitality consultancy survey revealed this week that Kuwait City has jumped to top spot in worldwide rankings for hotel occupa...
Hotel Online: Hospitality News
January 30, 2004
Hotel Online News for the Hospitality ExecutiveIn Remote Koh Talu, a Dream Resort Is Being BuiltBy Walailak Keeratipipatpong, Bangkok Post, ThailandKnight Ridder/Tribune Business News Mar. 11--Nearly 20 years ago, Preeda Charoenphat suddenly decided to sell his entire fleet of fishing boats. The reason? One day his crews went out and pulled up their nets, only to find them empty. "I decided to sell all 13 of the boats that I had paid for bit by bit over two decades," said Mr Preeda, a native of Ban Laem, a fishing village in Phetchaburi. The time to change careers had come. Mr Preeda, 58, saw that catches in the Gulf of Thailand were dwindli...
Kimpton Hotels & Restaurants Expanding into New York, Boston and San Diego / March 2004
January 30, 2004
Hotel Online Special Report Kimpton Hotels & Restaurants Expanding into New York, Boston and San Diego San Francisco, CA March 23, 2004 Kimpton Hotels & Restaurants, a San Francisco-based company known for its collection of stylish hotels coupled with fine chef-driven restaurants, announces expansion plans for 2004 and 2005. Upcoming openings include: Onyx Hotel and Ruby Room lounge in downtown Boston in June of 2004, 70 Park Avenue Hotel in New York City in July of 2004 and the Hotel Solamar in San Diego in April of 2005. Since 2001, Kimpton has opened 11 new hotels in six new markets and we cont...
Starwood Acquires the 413 room Sheraton Kauai for $40 million from the Obayashi Corporation / 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 Starwood Acquires the 413 room Sheraton Kauai for $40 million from the Obayashi Corporation WHITE PLAINS, N.Y. - March 4, 2004 -- Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) closed on the purchase of the 413-room Sheraton Kauai Resort, Poipu Beach, Kauai, Hawaii on March 3, 2004. Starwood paid $40 million t...
Hotel Online: Hospitality News
January 30, 2004
Hotel Online News for the Hospitality ExecutiveSeveral Key West, Fla., Firms Gear Up to Provide Hotels with Wireless AccessBy Michael Welber, Florida Keys Keynoter, MarathonKnight Ridder/Tribune Business News Mar. 10--It used to be that an amenity at a hotel was a TV with free HBO. But nowadays, in order to compete, hotels must offer much more. One of the latest weapons in that competitive battle in other markets is free Internet service. Now Keys hotels are beginning to consider offering it. While residents of the Keys like to think that travelers come down to enjoy our sunny skies and warm waters, many visitors still bring their cell phone...
Kimberly K. Schaller Named VP, Chief Marketing Officer and Timothy R. Bugas Named VP of Sales for Hershey Entertainment & Resorts Company / March 2004
January 30, 2004
Hotel Online Special Report Kimberly K. Schaller Named VP, Chief Marketing Officer and Timothy R. Bugas Named VP of Sales for Hershey Entertainment & Resorts Company HERSHEY, PA, Feb. 25, 2004 Hershey Entertainment & Resorts Company and its board of directors have elevated two key employees into newly created roles. Effective immediately, Kimberly K. Schaller is Vice President, Chief Marketing Officer and Timothy R. Bugas becomes Vice President of Sales. The company-wide roles will streamline these leadership roles to affect the entire brand, according to Scott J. Newkam, Chairman, President and CEO, Her...
Kimberly Agas takes on dual role as Vice President-Operations, Waikiki Beachfront Division, and General Manager, Outrigger Reef on the Beach
January 30, 2004
Hotel Online News for the Hospitality Executive Kimberly Agas Takes on Dual Role as Vice President-Operations, Waikiki Beachfront Division, and General Manager, Outrigger Reef on the Beach HONOLULU - March 10, 2004 - Barry Wallace, vice president of operations for Outrigger Hotels & Resorts, is pleased to announce the promotion of Kimberly Agas to the newly created position of Vice President-Operations, Waikiki Beachfront Division. In addition, she is moving from the Outrigger Waikiki to assume the duties of general manager of t...
Jurys Doyle Hotel Group Reports 2003 Occupancy Levels in Ireland, the UK and the United States Down by Less than 1% Compared to 2002; Pre-tax Profits
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 Jurys Doyle Hotel Group Reports 2003 Occupancy Levels in Ireland, the UK and the United States Down by Less than 1% Compared to 2002; Pre-tax Profits Amounted to €45.8 million LONDON, February 26, 2004 Preliminary Reults of Jurys Doyle Hotel Group PLC for the 12 months Ended December 31, 2003 Highlights: ...
