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Infinium Hospitality and Gaming VP Interviewed by HITEC Online / July 2002
March 30, 2002
Hotel Online Special Report July 29, 2002 - Founded over 20 years ago and claiming a leading Las Vegas hotel-casino among its first customers, Infinium is known for its ability to help hospitality and gaming organizations run their complex, behind-the-scenes operations and meet the payroll needs of a large, diversified staff. Debbie Hawkins, VP of Infiniums Hospitality and Gaming Division, was interviewed at the recent HITEC tradeshow by Kevin Heilbronner, editor of HITEC Online, and asked about Infiniums approach to serving the hospitality industry. She joins a distinguished group of industry players who were interv...
Kempinski Hotel Airport Munich Installs IDeaS Revenue Management Solution / July 2002
March 30, 2002
Hotel Online Special Report Kempinski Hotel Airport Munich Installs IDeaS Revenue Management Solution MINNEAPOLIS JULY 22, 2002 IDeaS, Inc., a leading provider of revenue management solutions, announced today that the Kempinski Hotel Airport Munich has successfully completed the installation of the IDeaS e-yieldTM revenue management solution. The Kempinski Hotel Airport Munich is a 5 star hotel, which is operated by Kempinski Hotels & Resorts. The hotel offers 389 rooms equipped with modern features and the latest technology, various renowned bars and restaurant, excellent conference and banqueting facilities, and a...
Hampton Hotels Opens 9 Hotels Representing 827 Rooms During June 2002 / July 2002
March 30, 2002
Hotel Online Special Report Hampton Hotels Opens 9 Hotels Representing 827 Rooms During June 2002 Includes the conversion of one Hampton Inn & Suites hotel in Denver, Colorado MEMPHIS, Tenn., July 8, 2002Hampton®, the national brand of more than 1,100 mid-priced Hampton Inn® and Hampton Inn & Suites® hotels, today announced that it opened nine Hampton hotels representing 827 rooms during June 2002, including the conversion of one Hampton Inn & Suites hotel in Denver, Colorado. The new openings include four Hampton Inn hotels and five Hampton Inn & Suites hotels. Our growth pipeline remains quite act...
KBL Investments Breaks Ground on Third Hotel in Duluth, Georgia / July 2002
March 30, 2002
Hotel Online Special Report KBL Investments Breaks Ground on Third Hotel in Duluth, Georgia Atlanta (July 2002) After successfully opening and operating two previous hotels in Gwinnett County, Georgia, KBL Investments broke ground on the site of a new La Quinta Inn in Duluth, Georgia. The new 83-room, 3-story La Quinta Inn will be built adjacent to the Camden Suites of Duluth, also owned and operated by KBL Investments. We feel strongly that Gwinnett is the place to build, states Ray Ashman, Vice President of Operations for KBL Investments. There are so many positive things happening in the area, a...
Revenue Management in Challenging Times / Dr. Gabor Forgacs / July 2002
March 30, 2002
Hotel Online Special Report Revenue Management in Challenging Times by Dr. Gabor Forgacs July 2002 Most hotels midsize and up, have implemented a version of a revenue management system with varying degrees of automation. The question is whether they found a satisfactory solution to their revenue generating challenges? Why are hotels, which invested significant dollars in revenue management systems still struggling to meet revenue performance objectives? Definition There is no single golden definition, which would be accepted by each source. However, most attempts seem to agree in the literature on this: Reve...
Accor Brand Formule 1 Opens Second Hotel In Japan / July 2002
March 30, 2002
Hotel Online Special Report Accor Brand Formule 1 Opens Second Hotel In Japan 24 July 2002: The second Formule 1 hotel in Japan has soft-opened at Numazu, in the heart of the high-technology industrial area of Shizuoka Prefecture, 140 km west of Tokyo. The hotel will be officially opened on 2 August, but already on its first night, the F1 recorded a 63% occupancy rate, reflecting the potential of the hotel. The Formule 1 has a very visible position, just south of the Numazu Interchange off the Tomeu Expressway and on "Gourmet Street", the main thoroughfare into the city of Numazu and further beyond to Izu a...
Focusing on Labor Can Improve More Than Just Cost / Hospitality Upgrade Magazine / Summer 2002
March 30, 2002
Hotel Online Special Report Focusing on Labor Can Improve More Than Just Cost This article is from the Summer 2002 issue of Hospitality Upgrade magazine. To view more articles covering technology for the hospitality industry please visit the Hospitality Upgrade Web site or to request a free publication please call (678) 802-5303 or e-mail. . Summer 2002 by Scott A. Smith In todays business environment labor is both a key to driving revenue growth and the largest cost item in the operating budget. Given this, establishing a solid strategy and tactics for managing labor cost is crucial. Whats your ...
Driven by Desire to Do Right by the Environment, Chefs Wading Into Fisheries Management / July 2002
March 30, 2002
Hotel Online News for the Hospitality Executive Driven by Desire to Do Right by the Environment, Chefs Wading Into Fisheries Management By Michelle Cole, The Oregonian, Portland, Ore. Knight Ridder/Tribune Business News Jul. 24--Chefs and seafood retailers are wading into one of the hottest natural resource issues of the day: fisheries management. It's no longer unusual for chefs to refuse to serve a species they thinks to be at risk of extinction or for a retailer to promote seafoods that are abundant and part of a healthy marine ecosystem. Most say they're driven by the desire to do right by the environment. So...
Feliz Jarvis Named VP of Sales for La Quinta Corporation / July 2002
March 30, 2002
Hotel Online Special Report Feliz Jarvis Named VP of Sales for La Quinta Corporation July 16, 2002 - La Quinta® Corporation announces the addition of Feliz Jarvis to lead its national sales efforts as vice president of sales. In her new position, Ms. Jarvis will be responsible for increasing system-wide revenues and managing three regional sales teams. Ms. Jarvis will report to Francis W. Butch Cash, president and CEO for La Quinta Corporation. Increased occupancy and RevPAR growth are essential to the continued profitability of La Quinta, said Mr. Cash. We believe Feliz has the proven ability to provide ...
Educational Institute Offers New Diploma in Food and Beverage Management / July 2002
March 30, 2002
Hotel Online Special Report Educational Institute Offers New Diploma in Food and Beverage Management LANSING, Mich., July 2002 - The Educational Institute of the American Hotel & Lodging Association has introduced a new diploma curriculum in food and beverage management in response to customer requests for expanded academic offerings in this area of hospitality management. "Several of the schools that offer our five-course Food and Beverage Management Area of Specialization have expressed an interest in offering a more extensive food and beverage curriculum," explained Mari Behrendt, director, academic programs...
Hotel Delinquency Rate Remains Low, Despite Dramatic Declines in RevPAR in 2001, 2002 / July 2002
March 30, 2002
Hotel Online Special Report Hotel Delinquency Rate Remains Low, Despite Dramatic Declines in RevPAR in 2001, 2002 NEW YORK, July 25, 2002 - PricewaterhouseCoopers forecasts that delinquency rates will peak this year at 5.5 percent of outstanding loans, well below the levels in 1991 and 1992 of 16 percent. According to PricewaterhouseCoopers' research, the majority of problem loans already have become delinquent or are currently being restructured. In addition, PricewaterhouseCoopers' analysis reveals low maturity risk for lodging C-Corp and REIT loans, as improvements in RevPAR (revenue per available r...
David McManus Named General Manager of the Eastgate Tower Hotel, New York City / July 2002
March 30, 2002
Hotel Online Special Report David McManus Named General Manager of the Eastgate Tower Hotel, New York City NEW YORK, July 1, 2002 Manhattan East Suite Hotels, New Yorks largest all-suite hotel collection, is proud to announce the appointment of David McManus as General Manager of the Eastgate Tower Hotel. McManus will be responsible for the day-to-day operations of the hotel as well as the sales and marketing of the property. McManus has been with Manhattan East since 1997 and has held a number of impressive positions within the company. Most recently he was Assistant General Manager of the B...
Donald J. Landry Joins UniFocus Advisory Board / July 2002
March 30, 2002
Hotel Online Special Report Donald J. Landry Joins UniFocus Advisory Board CARROLLTON, TX -- Donald J. Landry, former CEO of Sunburst Hospitality Corporation and well-known 30-year veteran of the hospitality industry, recently joined the advisory board of UniFocus, a performance system company based in Carrollton, TX. Landrys addition to the UniFocus advisory board brings to the hospitality research and software firm the perspective of an experienced hotel operator, said Mark Heymann, UniFocus chief executive officer. Landry was first a client of Heymanns in 1978 and most recently used UniFocus services for ...
Donald J. Landry Joins UniFocus Advisory Board / July 2002
March 30, 2002
Hotel Online Special Report Donald J. Landry Joins UniFocus Advisory Board CARROLLTON, TX -- Donald J. Landry, former CEO of Sunburst Hospitality Corporation and well-known 30-year veteran of the hospitality industry, recently joined the advisory board of UniFocus, a performance system company based in Carrollton, TX. Landrys addition to the UniFocus advisory board brings to the hospitality research and software firm the perspective of an experienced hotel operator, said Mark Heymann, UniFocus chief executive officer. Landry was first a client of Heymanns in 1978 and most recently used UniFocus services for ...
Electric Fog Free Shower Mirror Receives Patent / July 2002
March 30, 2002
Hotel Online Special Report Electric Fog Free Shower Mirror Receives Patent ST. PAUL, MN, July 17, 2002 NewHome Bath and Mirror, Inc. today announced the receipt of the patent for its highly popular Shower ClearMirror. The patent covers any electrical mirror-defogging system that is to be used in shower and sauna surround applications. The announcement was made by Reid Sellgren, Vice President of NewHome Bath and Mirror, Inc. and co-designer of the product line. The Shower ClearMirror and its battery-operated cousin, the SRA ClearMirror are complete systems that make shaving in the shower a realistic and...
Four Years Later Accounting Woes Still Dominate Cendant Corp. / July 2002
March 30, 2002
Hotel Online News for the Hospitality Executive Four Years Later Accounting Woes Still Dominate Cendant Corp. By Kevin G. DeMarrais, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Jul. 13--Where are the spate of corporate accounting fraud and financial chicanery cases headed? Only time will tell. But the experiences of one prominent North Jersey company provides a good road map of the long and costly route the companies face. Cendant Corp., whose operations are based in Parsippany, came face to face in 1998 with many of the issues confronting Enron, Tyco, WorldCom, and a growing list of compan...
Nav Yuga Hospitality LLC Opens Candlewood Suites in Hopewell, Virginia / July 2002
March 30, 2002
Hotel Online Special Report Nav Yuga Hospitality LLC Opens Candlewood Suites in Hopewell, Virginia July 2, 2002 - The Candlewood Suites Petersburg/Hopewell, a mid-price 60-suite extended stay hotel, welcomed nearly 175 businesspeople, dignitaries, and guests to its grand opening at 5113 Plaza Drive in Hopewell on May 29. Attendees were treated to a down-home barbecue from 10 a.m. till 2 p.m., with the official ribbon cutting at 1 p.m. by hotel owner Rama Gara and Linda Forehand, President-Elect of the Hopewell-Prince George Chamber of Commerce. According to hotel General Manager Aaron Bruns, the event ...
The Global Approach To Hotel Valuations / Canadian Lodging Outlook / June 2002
March 30, 2002
Hotel Online Special Report The Global Approach To Hotel Valuations CANADIAN LODGING OUTLOOK March 2002 Year to date The Canadian Lodging Outlook is a joint monthly publication of Smith Travel Research and HVS International, Vancouver and Toronto, Canada By: Stephen Rushmore - MAI, CHA, CRE, president and founder of HVS International, a global hotel consulting firm. Valuing a hotel is both an art and a science. The science involves using mathematical formulae to reflect the value calculations of typical hotel investors. The art is composed of the various input assumptions that feed the formulae and produce the v...
Foxwoods and Mohegan Sun Casinos Revenues Increase in June / July 2002
March 30, 2002
Hotel Online News for the Hospitality Executive Foxwoods and Mohegan Sun Casinos Revenues Increase in June By Karen Florin, The Day, New London, Conn. Knight Ridder/Tribune Business News Jul. 16--Gamblers kept feeding coins into the slot machines at Foxwoods Resort Casino and Mohegan Sun last month while investors hesitated to take risks in the stock market. The two casinos both reported growth in slot machine revenue over the last year and contributed a total of $30.8 million to the state under their revenue sharing agreement. Executives noted that business remained strong despite the sluggish economy and the nati...
California Hotels May Be Eligible for Temporary Reduction of Real Estate Property Taxes / July 2002
March 30, 2002
Hotel Online Special Report California Hotels May Be Eligible for Temporary Reduction of Real Estate Property Taxes July 5, 2002 - Under California state law, if the trended base assessment for a property is greater than its current market value, temporary assessment relief may be granted. Proposition 8 allows for the temporary (one year) reduction of an assessment, provided that the taxpayer provides compelling evidence that the current market value for the tax year exceeds the current assessed value on the property tax roll. If a reduction is granted, the reduced assessment of the property ...
Travel Industry Association of America Forecasting Business Travel Turnaround by 2003 / July 2002
March 30, 2002
Hotel Online Special Report Travel Industry Association of America Forecasting Business Travel Turnaround by 2003 WASHINGTON, DC -- July 23, 2002 - The Travel Industry Association of Americas (TIA) official Travel Forecast projects that the decline in business travel that many sectors of the travel industry are feeling will turn around. After three straight years of declines, TIA forecasts that business/convention travel volume will increase slightly (+1.4%) in 2002. However, business travel is not forecast to climb back to 2000 levels until some time in 2003. -- -- Despite the terrorist attacks and economic...
Buffalo Lodging Associates Opens the 80 room The Inn at Williamsville, NY / July 2002
March 30, 2002
Hotel Online News for the Hospitality Executive Buffalo Lodging Associates Opens 80 room The Inn at Williamsville, NY By Lisa Haarlander, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Jul. 24--The Buffalo area is getting its first new hotel in more than a year. The Inn at Williamsville, behind the new Rite-Aid on Main Street in the village, will open Aug. 1 with 80 rooms, including 10 suites. Buffalo Lodging Associates, a division of Benderson Development Co., built the four-story inn at Main and Los Robles streets. The inn includes an indoor heated pool, exercise center, whirlpool, meeting rooms and shu...
Brands Stepping up Loyalty Programs to Fill Rooms and to Get Points off the Books / July 2002
March 30, 2002
Hotel Online News for the Hospitality Executive Brands Stepping up Loyalty Programs to Fill Rooms and to Get Points Off the Books By Caroline Wilbert, The Atlanta Journal-Constitution Knight Ridder/Tribune Business News Jul. 5--Double your points. Earn a free night's stay. Get free Internet access. With occupancy still lagging, hotel companies are ramping up their loyalty programs. Hotels want to ensure they keep existing customers happy, since fewer folks are traveling these days. The extra perks may be particularly important for Atlanta hotels, which depend heavily on business travel, a segment that isn't bou...
Royal Spa at Le Royal Meridien Bahrain Pays Homage to Thalassotherapy / July 2002
March 30, 2002
Hotel Online Special Report Royal Spa at Le Royal Meridien Bahrain Pays Homage to Thalassotherapy DUBAI, July 2002: Bahrain was once thought to have been the Garden of Eden and The Royal Spa is certainly reminiscent of a place where the world, for a few hours at least, seems a simpler place. Its not just the architectural elegance of the spa overlooking the crystal clear waters of the Arabian Gulf that take your breath away. The meticulous attention to detail, including fresh orchid petals scattered upon big fluffy towels and purifying oils scenting the air, stamps the spa as one of the finest in the world. The s...
