Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
Outlook 2003: A Roundtable Discussion / The Global Hospitality Advisor / JMBM / Dec 2002
April 30, 2002
Hotel Online Special Report The Global Hospitality Advisor - . Outlook 2003: A Roundtable Discussion December 2002 Jim Butler, Chairman of the Global Hospitality Group at Jeffer, Mangels, Butler & Marmaro, recently spoke with several other leaders in the hospitality industry, exploring their outlook for the industry in the upcoming year and asking them to share their predictions with our readers. Here, Jim speaks with Jerry Earnest, Senior Vice President/Managing Director of GMAC Commercial Mortgage Corporation, Andreas Flaig, Vice President & Head of International Hotel Advisory of Aareal Bank AG, Bjo...
The Renaissance Miami Biscayne Bay Hotel $12 million Renovation Capitalizes on Miami's Performing Arts District / Dec 2002
April 30, 2002
Hotel Online Special Report The Renaissance Miami Biscayne Bay Hotel $12 million Renovation Capitalizes on Miami's Performing Arts District MIAMI, FL --2 Dec 2002 - The Renaissance Miami Biscayne Bay Hotel, located in downtown Miami, has launched a $12 million renovation program led by Atlanta-based Ai Group, to position the hotel to take advantage of the renaissance of the area as a performing arts district in Miami. The renovation program will be completed in phases to minimize the impact on the hotel guests. The first phase will include 370 guest rooms, guest room corridors, the front entrance and motor lobby, ...
Creating a Distinction Between Red Roof and Motel 6 a Challenge for Accor; Red Roof Spending $204 million Renovating 200 Older Properties / Dec 2002
April 30, 2002
Hotel Online News for the Hospitality Executive Creating a Distinction Between Red Roof and Motel 6 a Challenge for Accor; Red Roof Spending $204 million Renovating 200 Older Properties By Suzanne Marta, The Dallas Morning News Knight Ridder/Tribune Business News Dec. 18, 2002 - With corporations slashing business travel budgets, hotel occupancy rates in free fall and room revenue depressed, Red Roof Inns has embarked on what might be considered an unusual business strategy. The Dallas-based chain is adding about 140 hotels to its lineup, spending hundreds of millions of dollars more to renovate existing properties, ...
Richard Maxfield, General Manager, of the Omni Interlocken Resort Awarded the 2002 General Manager of the Year Award by the HSMAI'S Mile High Cha
April 30, 2002
Hotel Online Special Report Richard Maxfield, General Manager, of the Omni Interlocken Resort Awarded the 2002 General Manager of the Year Award by the HSMAI'S Mile High Chapter Broomfield, Colo. - Richard Maxfield, General Manager, of the Omni Interlocken Resort has been awarded the 2002 General Manager of the Year award by the Mile High Chapter of the Hospitality Sales and Marketing Association International. He accepted his award at the annual awards luncheon on Wednesday, December 18th, 2002. Phyllis Adkins, DOSM, of the Omni Interlocken Resort confirms that "Richard is and outstanding leader who i...
Royston O. Hopkin, CMG Appointed Chairman of the Caribbean Alliance for Sustainable Tourism / Dec 2002
April 30, 2002
Hotel Online Special Report Royston O. Hopkin, CMG Appointed Chairman of the Caribbean Alliance for Sustainable Tourism PUNTA CANA, Dominican Republic (December 5, 2002) - Royston O. Hopkin, CMG was appointed to the position of Chairman of the Caribbean Alliance for Sustainable Tourism (CAST), in an Extraordinary Meeting of the CAST Governing Council last Tuesday, when current Chairman Frank Rainieri announced his resignation. After seven years of leadership in the organization's Governing Council, founding Chairman Frank Rainieri, President of Punta Cana Group, nominated Hopkin, Grenadian entrepreneur a...
Richard Greaves and Adam Myott Apointed General Managers for Hyatt International / Dec 2002
April 30, 2002
Hotel Online Special Report Richard Greaves and Adam Myott Apointed General Managers for Hyatt International Chicago, IL, December 9, 2002 Mr. Bernd Chorengel, president of Hyatt International Corporation, is pleased to announce the following executieve announcements. Richard Greaves has been appointed general manager of Grand Hyatt Erawan Bangkok, effective January 6, 2003. Greaves, a graduate of the University of Surrey, UK, strengthened his studies with work experience at Hyatt Carlton Tower in London. He joined the pre-opening support team of the Hyatt Regency Cologne in 1988, and following further...
April 30, 2002
Hotel Online Special Report La Quinta Achieves Franchising Success: An Owners View December 16, 2002 - As CEO of a diversified hotel, real estate and financial services empire the Diplomat Companies, including Diplomat Hotels, which has sixteen hotels under multiple brands throughout the southeast , R.C. Patel knows his way around the hotel development process. In fact, you could say that few people are better qualified to offer advice for aspiring hotel owners and franchisees in the current challenging economic environment. All the more reason to take notice when he says that the one of the most in...
Jay Pritzker Unsuccessfully Tried to Ensure Smooth Business Transition / December 2002
April 30, 2002
Hotel Online News for the Hospitality Executive Jay Pritzker Unsuccessfully Tried to Ensure Smooth Business Transition By Barbara Rose, Chicago Tribune Knight Ridder/Tribune Business News Dec. 23--Four years before Jay Pritzker's death, the scion of the billionaire Chicago family tried to ensure that his family's business dynasty would survive into the next generation. He called a family meeting and distributed a two-page memo to 11 heirs, naming his son, Thomas, as his successor and outlining the family's business philosophy. Writing as a father sensitive to family jealousies, Jay Pritzker also named the manageme...
Whom to Blame in the Pritzker Mess / Dec 2002
April 30, 2002
Hotel Online News for the Hospitality Executive Whom to Blame in the Pritzker Mess By David Greising, Chicago Tribune Knight Ridder/Tribune Business News Dec. 13, 2002 - If you want to know whom to blame in this whole Pritzker mess, the answer is pretty obvious: It's Nick's fault. Nick Pritzker, the immigrant from Kiev who founded the family that built the fortune, had a funny idea about retaining the family's wealth as his three sons entered business. He thought everyone should work from a joint checking account. That wouldn't work these days. For starters, it wouldn't make sense to keep a $15 billion fortune ...
Liesel Pritzker's Lawyers Plunge Into Byzantine Network of Trusts – Claiming the Short End of the Stick / Dec 2002
April 30, 2002
Hotel Online News for the Hospitality Executive Liesel Pritzker's Lawyers Plunge Into Byzantine Network of Trusts - Claiming the Short End of the Stick Chicago Tribune Knight Ridder/Tribune Business News Dec. 15, 2002 - A.N. Pritzker knew he had made a mistake. As he sat in the witness stand in Cook County Circuit Court, the patriarch of Chicago's rich and powerful Pritzker family acknowledged that he had used his children's trust fund money in a way that violated a trust agreement he himself had set up. But Pritzker realized his error only after an Internal Revenue Service agent had flagged it. At that point, Pri...
Prime Hospitality Invests $5 million in Technology and Facilities for Central Reservations Center / Dec 2002
April 30, 2002
Hotel Online Special Report Prime Hospitality Invests $5 million in Technology and Facilities for Central Reservations Center December 13, 2002 - Prime Hospitality Corp.(R) has unveiled a new Central Reservations Center in Fairfield, New Jersey to handle nationwide reservations services for its AmeriSuites(R) and Wellesley Inns & Suites(R) hotel brands. Previously subcontracted to a third-party vendor, the new Prime-owned and operated reservations center will not only handle reservations via telephone, but will also service guests through the Prime branded websites and other Internet distribution channels...
Clarion Hotel Powerhouse in Brisbane Acquired by View Hotels Pty Limited / Dec 2002
April 30, 2002
Hotel Online Special Report Clarion Hotel Powerhouse in Brisbane Acquired by View Hotels Pty Limited Sydney, December 11, 2002 Jones Lang LaSalle Hotels has sold the Clarion Hotel Powerhouse in Brisbane (formerly Powerhouse Boutique Hotel) to the hotel management group, View Hotels Pty Limited. The sale, negotiated by Mike Batchelor, Executive Vice President of Jones Lang LaSalle Hotels, is the fourth hotel to be sold in Queensland this year. This is in contrast to the previous year, when only one major hotel sale (over A$5 million) was achieved, said Mr Batchelor. Clearly, investors are kee...
Noble House Hotels and Resorts Renovating The Portofino Hotel & Yacht Club, Redondo Beach, CA / Dec 2002
April 30, 2002
Hotel Online Special Report Noble House Hotels and Resorts Renovating The Portofino Hotel & Yacht Club, Redondo Beach, CA REDONDO BEACH, CALIF. - (December 3, 2002) - The Portofino Hotel & Yacht Club, the only waterfront hotel in Redondo Beach, announces the start of a renovation project, which began November 18, 2002. The renovation seeks to upgrade the property while maintaining the charm and beauty of the landmark hotel, which remains a South Bay favorite for guests and locals alike. The renovation will include the remodeling of primary guest areas such as the lobby and registration, guestrooms, and corrido...
Ground Breaking Planned for Baymont Inn & Suites in Plymouth / December 2002
April 30, 2002
Hotel Online Special Report Ground Breaking Planned for Baymont Inn & Suites in Plymouth PLYMOUTH, WISCONSI (December 20, 2002) Baymont Inns & Suites has entered into a franchise agreement with Jim Pankow and Gary Edler under the name Hospitality Investments, LLC. Their first hotel will be located at the southwest corner of Highway 57 and US Route 23. The hotel will break ground in 2003 with a scheduled opening date in the Spring of 2004. The three-story, 60-room Baymont Inn & Suites will feature special Ovation rooms, indoor pool, conference room, and deluxe continental breakfast. "We owned this property and fe...
Planet Hollywood and Starwood Hotels May Acquire Bankrupt Aladdin Hotel and Casino; Offering Between $400 million and $500 million / Dec 2002
April 30, 2002
Hotel Online News for the Hospitality Executive Planet Hollywood and Starwood Hotels May Acquire Bankrupt Aladdin Hotel and Casino; Offering Between $400 million and $500 million By Jeff Simpson, Las Vegas Review-Journal Knight Ridder/Tribune Business News Dec. 22--Planet Hollywood and Starwood Hotels & Resorts Worldwide are emerging as the front-runners to buy the bankrupt Aladdin hotel-casino, an inside source said Friday. A partnership led by the two American companies and including unnamed other partners is offering between $400 million and $500 million for the Strip resort, which would pay off most or all of the...
Philadelphia's Convention Center's Main Business Has Been Internal Politics / December 2002
April 30, 2002
Hotel Online News for the Hospitality Executive Philadelphia's Convention Center's Main Business Has Been Internal Politics By Marcia Gelbart, The Philadelphia Inquirer Knight Ridder/Tribune Business News Dec. 22--There's no question what the "P" actually stands for in PCCA, the abbreviation for the Pennsylvania Convention Center Authority. But given the center's recent history, these words might also apply: politics, power and patronage. Those three P's contributed to last week's unexpected resignation of the center's board chairman, Bernard C. Watson, a distinguished, longtime Philadelphia civic leader se...
Second Global Summit on Peace Through Tourism Goal is to Build Peace Through Tourism / Dec 2002
April 30, 2002
Hotel Online Special Report Second Global Summit on Peace Through Tourism Goal is to Build Peace Through Tourism Roger Moore Keynote Speaker Geneva (CICG), February 5-8, 2003 -- The Second Global Summit on Peace through Tourism will feature Roger Moore, Goodwill Ambassador for UNICEF, as a Keynote Speaker. The Summit is being held at the International Conference Center, Geneva (CICG), February 5-8, 2003. Honoring the legacy of U.N. Secretary General Dag Hammarskjold as a Man of Peace, the Summit is being organized by the International Institute for Peace through Tourism in partnership with the World Trave...
Passkey Releases Latest Version 6.0 / Dec 2002
April 30, 2002
Hotel Online Special Report Passkey Releases Latest Version 6.0 . Users Provided with Greater Control & Flexibility QUINCY, Mass. December 3, 2002 Taking their cue from user feedback and input, Greg Pesik, President and CEO of Passkey International, the meetings and conventions standard for group reservations management and distribution, announced today the release of its latest version, Passkey 6.0, for its 7,250 active users worldwide. The new version provides its Passkey-enabled(SM) global network of users, including meeting planners, hotels, CVBs, PCOs and meeting management companies, with increased control ...
FocusOn Pacific Islands; Well Placed to Lead World Tourism Growth – Fiji, Cook Islands, Samoa, French Polynesia, Vanuatu and New Caledonia / Dec
April 30, 2002
Hotel Online Special Report FocusOn Pacific Islands; Well Placed to Lead World Tourism Growth The Pacific Ocean is said to be the largest geographical feature on earth. Yet little is known about it, and up until now, analysis of the hotel and tourism markets of the Pacific Islands has been very limited. This edition of FocusOn aims to rectify this by providing an up to date summary of the key tourism and hotel trading markets of the major Pacific Island destinations including Fiji, Cook Islands, Samoa, French Polynesia, Vanuatu and New Caledonia. Pacific Islands Overview Since 1991, internation...
Never Underestimate the Power of PR / Tory Parks / December 2002
April 30, 2002
Hotel Online Special Report Never Underestimate the Power of PR By Tory Parks Director of Sales & Marketing for Del Lago Resort, a Benchmark Hospitality Property December 2002 An effective marketing plan consists of many components advertising, direct mail, online activities, trade shows, events, direct sales and public relations. Why does PR get top billing? Because it is the one medium that has the least likelihood of being tuned out. Were all assaulted by advertising messages at every turn and even ATM machines and gas pumps have gotten into the act recently. Advertising will always be an important tool ...
In Australia, Asian Hotel Investers Return, but Domestic Owners Dominate / Dec 2002
April 30, 2002
Hotel Online Special Report In Australia, Asian Hotel Investers Return, but Domestic Owners Dominate Sydney, December 11, 2002 According to the results of Jones Lang LaSalle Hotels annual Top Owner survey, Australian hotel investors and owner/operators continue to dominate the ownership of tourist accommodation in Australia. However, Asian investors have launched a challenge, accounting for 80% of major sales transacted so far this year. The results of the survey, which spans 132 major owners, 393 establishments and over 66,500 rooms across Australia, show that 59% of Australias tourist accommod...
Outrigger's Wailea and Waikoloa Beach Resort Properties Seek Sales Boost; Enter Franchise Agreement with Marriott / Dec 2002
April 30, 2002
Hotel Online Special Report Outrigger's Wailea and Waikoloa Beach Resort Properties Seek Sales Boost; Enter Franchise Agreement with Marriott HONOLULU, OAHU, HAWAII - 18 Dec 2002 - Outrigger Enterprises, Inc., today announced that it intends to enter into a franchise agreement with Marriott International, Inc. designed to give Outrigger's Wailea and Waikoloa Beach resort properties access to a global sales organization and 17 million members of the Marriott Rewards® program. Tentatively scheduled for January 2003, the Outrigger Wailea Resort, located on Maui, will be known as the Wailea Marriott, ...
Efforts to Secure Convention Center in Osceola County, Florida., Began in 1979 / December 2002
April 30, 2002
Hotel Online News for the Hospitality Executive Efforts to Secure Convention Center in Osceola County, Fla., Began in 1979 By Todd Pack, The Orlando Sentinel, Florida Knight Ridder/Tribune Business News Dec. 23--Osceola County has been talking about building a convention center since the Carter administration, back when the Magic Kingdom and SeaWorld were the only parks in town. But every effort so far has ended in failure. Just this month, rumors of a developer's ties to Osama bin Laden's terrorist network scuttled the latest attempt. "It's just unfortunate that it has to happen to Osceola County again," s...
Fairmont Hotels & Resorts Inc. Complets Acquisition of The Orchid at Mauna Lani $140 million; Reflagged The Fairmont Orchid, Hawaii / Dec 2002
April 30, 2002
Hotel Online Special Report Fairmont Hotels & Resorts Inc. Complets Acquisition of The Orchid at Mauna Lani $140 million; Reflagged The Fairmont Orchid, Hawaii December 18, 2002 - Fairmont Hotels & Resorts Inc. ("FHR") announced today that it has completed the acquisition of The Orchid at Mauna Lani on the Island of Hawaii. The property will be officially flagged "The Fairmont Orchid, Hawaii" in January 2003. The purchase price for the property was approximately $140 million plus closing costs and was funded from existing credit facilities. "FHR has been actively seeking prudent growth in the United States...
