Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
Finova Capital Corp. Foreclosing on Time Share Units at Sheraton Vistana Resort / June 2002
February 28, 2002
Hotel Online News for the Hospitality Executive Finova Capital Corp. Foreclosing on Time Share Units at Sheraton Vistana Resort By Earl Daniels, The Florida Times-Union, Jacksonville Knight Ridder/Tribune Business News Jun. 15--The owner of the time-share complex at the World Golf Village in St. Augustine is facing a foreclosure sale of its property. Vistana WGV Ltd., the owner of the time share, has failed to sell a year's worth of weekly time shares for about 100 rooms at the Sheraton Vistana resort, according to records filed at the St. Johns County Courthouse. That caused it to default on its loan. The comple...
Videoconferencing, Teleconferencing and Webcasting Decreasing Corporate Travel / June 2002
February 28, 2002
Hotel Online News for the Hospitality Executive Videoconferencing, Teleconferencing and Webcasting Decreasing Corporate Travel By Betty Lin-Fisher, Akron Beacon Journal, Ohio Knight Ridder/Tribune Business News Jun. 10--When company officials at Eliokem want a potential job candidate in Akron to meet someone at headquarters in France, often no airplanes are involved. Instead, the specialty chemicals business sets up a videoconference session. It gives the job candidates an opportunity to see and talk to key people in France without the company spending thousands of dollars to send people there, said Communications ...
The Venetian Resort Hotel Casino Selects IDeaS Revenue Management Las Vegas Resort Casino Selects IDeaS after Two-year Search / June 2002
February 28, 2002
Hotel Online Special Report The Venetian Resort Hotel Casino Selects IDeaS Revenue Management Las Vegas Resort Casino Selects IDeaS after Two-year Search MINNEAPOLIS, June 19, 2002 IDeaS, Inc., a leading provider of revenue management solutions and one of Americas fastest growing technology companies announced today that it has been selected by The Venetian Resort-Hotel-Casino to install its revenue management system. After an extensive two-year assessment of revenue management systems worldwide, we have concluded IDeaS is unquestionably the best-of-breed, stated Rom Hendler, Director of Revenue Management at T...
Former Las Vegas Waiter Tells Senate Panel of Problems Forming Union / June 2002
February 28, 2002
Hotel Online News for the Hospitality Executive Former Las Vegas Waiter Tells Senate Panel of Problems Forming Union By Tony Batt, Las Vegas Review-Journal Knight Ridder/Tribune Business News Jun. 21--WASHINGTON -- A Culinary Local 226 organizer told a Senate panel Thursday he was beaten and then fired from his job as a waiter at Santa Fe in 1996 after he tried to form a union there. The charges by Mario Vidales were disputed after the hearing by Paul Lowden, whose family controlled the company that owned Santa Fe when Vidales worked there. Vidales told the Senate Health Education, Labor and Pensions Committee tha...
Value Volatility; Some thoughts to Share / Lori E. Raleigh / June 2002
February 28, 2002
Hotel Online Special Report Value Volatility; Some Thoughts to Share June 2002 by Lori E. Raleigh Introduction: Ms Raleigh, Executive Director ISHC, recently participated as a panelist in the session on Value Volatility moderated by Roger Cline, President and CEO of Roundhill Hospitality, at the International Hospitality Industry Investment Conference held in New York. Other panelists include Scott Butera, Executive Director, UBS Warburg LLC, Mark Elliott, Managing Director, Hodges Ward Elliott, Karen Rubin, Vice President Investment Analysis Starwood Hotels & Resorts and Lawrence Wolfe, Ma...
Online Hotel Reservation Service Gets Immediate Results For Valley Forge Convention & Visitors Bureau / June 2002
February 28, 2002
Hotel Online Special Report Online Hotel Reservation Service Gets Immediate Results For Valley Forge Convention & Visitors Bureau June 4, 2002 - A newly launched online hotel reservation service began generating bookings less than 24 hours after it was added to the Valley Forge Convention & Visitors Bureaus web site at www.valleyforge.org, officials announced today. Adding online reservations to our web site at www.valleyforge.org has been one of our top priorities, in providing service and convenience in booking to benefit our member hotels and the public, said Bureau President Paul R. Decker. We launched t...
Vail Resorts Reports FY 2002 Third Quarter Net Income Reaches $46.9 Million; Sale of Memberships in Private Member Clubs Under Accounting Review / Jun
February 28, 2002
Hotel Online Special Report Vail Resorts Reports FY 2002 Third Quarter Net Income Reaches $46.9 Million; Sale of Memberships in Private Member Clubs Under Accounting Review VAIL, Colo., June 6, 2002 - Vail Resorts, Inc. today announced financial results for the third quarter of fiscal 2002, ending April 30, 2002. The Company also announced that it will no longer separately report its technology activities as a unique segment. Technology activity will be included in Resort EBITDA, both currently and for prior periods. THIRD QUARTER PERFORMANCE Resort revenue for the quarter, which excl...
Ramada Inn University Conference Center in Tucson Reflagged Vagabond Plaza Hotel / June 2002
February 28, 2002
Hotel Online Special Report Ramada Inn University Conference Center in Tucson Reflagged Vagabond Plaza Hotel LOS ANGELES, CA June 17, 2002 - Vagabond Franchise System, Inc. today announced the addition of its first property in Arizona. The newly flagged Vagabond Plaza Hotel is located in Tucsons University District. Formerly a Ramada Inn, the property Vagabond Plaza Hotel is located at 1601 N. Oracle Road and offers 196 guest rooms and suites, junior Olympic swimming pool, six acres of lush grounds, and meeting and banquet space for gatherings of up to 300 people. Additional amenit...
Goliath Retreats – Pegasus Withdraws Bid for VIP – Management Buy Out Successful / June 2002
February 28, 2002
Hotel Online Special Report Goliath Retreats - Pegasus Withdraws Bid for VIP - Management Buy Out Successful Calgary, Canada June 4, 2002 VIP International president, Kelly Blake said: After a long and intense battle, our management buy out is now complete. We are pleased to announce that we are not being purchased by Pegasus. Trimin Capital is the financial backer of the VIP International/HARS Systems Inc. management buy out. As a highly respected investment company, they acquire large equity interest in open businesses and build value through applying strategic financial skills and planning. We...
New York Hotelier Henry Kallan Taps Unirez to Provide Reservation Services for His Four Outstanding Boutique Hotels / June 2002
February 28, 2002
Hotel Online Special Report New York Hotelier Henry Kallan Taps Unirez to Provide Reservation Services for His Four Outstanding Boutique Hotels DALLAS, TX / New York, NY (June 14, 2002) Henry Kallan, New Yorks most fashionable boutique hotel operator, has selected Unirez to provide reservation services for his four luxury properties. Under the agreement, Unirez will provide seamless connectivity to all Global Distribution Systems as well as booking capability through all major alternate distribution channels including Travelocity, Expedia, Orbitz and Travelweb. Each of my hotels is committed to excellence. ...
Gary, Indiana Riverboat Casino Workers Upset with Trump Condo Plan in Chicago / June 2002
February 28, 2002
Hotel Online Special Report Gary, Indiana Riverboat Casino Workers Upset with Trump Condo Plan in Chicago Gary, Indiana - June 26, 2002 - Riverboat workers were recently angered to learn of the Trump Organization's plan to develop a skyscraper of offices and super-luxury condominiums on the site of the Chicago Sun-Times building in downtown Chicago. This lavish development stands in stark contrast to Trump Indiana Casino's attempts to eliminate affordable health coverage for low-wage workers in Gary. In Chicago, these luxury condos may fetch as much as $1,000 per square foot, says HERE Local 1 spokesperson Clare F...
United Investments Portugal (UIP) in Middle East consortium to Develop Luxury Hotels & Vacation Club Resorts on Palm Island-Dubai-UAE / June 2002
February 28, 2002
Hotel Online Special Report United Investments Portugal (UIP) in Middle East Consortium to Develop Luxury Hotels & Vacation Club Resorts on Palm Island-Dubai-UAE Dubai-one of the worlds fastest growing business and tourists destinations (WTO) 19th June 2002-Dubai - Kuwait-based International Financial Advisors (IFA) consortium has signed a deal to build resorts on the Jumeirah Palm project, (palmisland.co.ae) acquiring three resort sites (1,000,000 Sq Ft) at a cost of $45 million. IFA is a consortium of Kuwaiti Real Estate Company (KREC), International Finance Company (IFC) of Kuwait and United Investment...
Turnaround for Most Major Hotel Markets to Commence in Third Quarter 2002 / June 2002
February 28, 2002
Hotel Online Special Report advertisement Turnaround for Most Major Hotel Markets to Commence in Third Quarter 2002 HRG and TWR Expect Recovery by Late 2003 Boston, MA and Atlanta, GA, June 14, 2002 - Updated lodging industry performance forecasts prepared by Boston-based Torto Wheaton Research (TWR) and Atlanta-based The Hospitality Research Group (HRG), the research affiliate of PKF Consulting, were recently released to clients and subscribers. The forecasts are based on HRG/TWR proprietary forecasting models and reveal that most major lodging markets around the nation will bottom out in the second quarte...
Travel Hero Partners with Metropolitan Tucson Convention and Visitors Bureau to Design Online Reservation Software / December 2001
February 28, 2002
Hotel Online Special Report Travel Hero Partners with Metropolitan Tucson Convention and Visitors Bureau to Design Online Reservation Software TUCSON, Ariz. (June, 2002) -- The Metropolitan Tucson Convention and Visitors Bureau has formed a partnership with Travel Hero, Inc. to provide an online accommodations booking service at Tucsons website www.visitTucson.org. This partnership launches the new Travel Hero product, called Event Hero, which allows the Tucson Bureau the ability to offer and confirm special negotiated rates for Tucson resorts, hotels, guest ranches, and bed and breakfasts. Travel Hero playe...
Top 10 European Destination Markets for GDS Room Nights First Quarter 2002 / TravelCLICK / June 2002
February 28, 2002
Hotel Online Special Report Top 10 European Destination Markets for GDS Room Nights First Quarter 2002 / TravelCLICK CHICAGO - 18 June, 2002 - TravelCLICK released results today for the top ten destination markets in Europe, based on hotel room nights booked electronically through the Global Distribution Systems (GDS) during the first quarter of 2002. While London and Paris remained the two leading markets, Frankfurt moved up to the number three ranking. However, electronic booking growth for the European hospitality industry continued to be suppressed by the overall slowdown in global travel. Of the...
Restaurant Owners Restless Over Supreme Court Backing the IRS on Using Estimates of Servers' Tips / June 2002
February 28, 2002
Hotel Online News for the Hospitality Executive Restaurant Owners Restless Over Supreme Court Backing the IRS on Using Estimates of Servers' Tips By Pamela Yip, The Dallas Morning News Knight Ridder/Tribune Business News Jun. 18--The U.S. Supreme Court served up a record-keeping headache to restaurants and wait staff on Monday, ruling that the Internal Revenue Service can use estimates to make sure it is collecting enough taxes on cash restaurant tips. The ruling is seen as a defeat for the estimated 200,000 restaurants with tipped workers and for many other businesses whose employees receive tips. Restaurant indu...
1-to-1 Marketing Tool Revolutionizes Hotel Marketing/ June 2002
February 28, 2002
Hotel Online Special Report 1-to-1 Marketing Tool Revolutionizes Hotel Marketing Timeless Hospitality Solution Enables Individual Hotels and Hotel Groups to Compete With Large Chains and Travel Portals New York, NY June 25, 2002 Timeless Hospitality introduced its Guest MarketNOW solution today, providing hotels with advanced marketing tools to increase business and improve guest loyalty. Guest MarketNOW enables hotels to leverage valuable email information from current and prospective customers (collected from Timeless Hospitalitys Hotel Internet Booking Engine, BookOnLineNOW) to create qualified, opt-in l...
Housing Horizons Considering Hotel for Historic Texaco Building in Houston / June 2002
February 28, 2002
Hotel Online News for the Hospitality Executive Housing Horizons Considering Hotel for Historic Texaco Building in Houston By Ralph Bivins, Houston Chronicle Knight Ridder/Tribune Business News Jun. 8--Downtown Houston's historic Texaco Building, which has been vacant for years, has been bought by a company that is considering transforming it into a hotel. The Texaco Building, built in 1915, is one of Houston's finest architectural specimens of old office buildings, according to Stephen Fox, architectural historian at Rice University. The 13-story Texaco Building is on a block bounded by Rusk, Capitol, Fannin and ...
10 Green Ways You Can Blacken You Bottomline
February 28, 2002
Hotel Online Special Report 10 Green Ways To Blacken Your Bottom-line Green Suites Internationals ecological solutions significantly reduce day-to-day operating expenses while increasing hotels efficiency, profitability and image with todays 43 million environmentally aware travelers Upland, Calif.(June 4, 2002) With a disappointingly soft travel economy and record new rooms supply, more than ever before lodging properties must embrace cost-saving strategies that are easy to implement, inexpensive and provide immediate and sustained significant returns on investments. Green Suites International ...
Super High-tech Hotels; How the Heck Do You Turn Off the TV / June 2002
February 28, 2002
Hotel Online Special Report Super High-tech Hotels; How the Heck Do You Turn Off the TV Hotel Asia Pacific June 2002 How Shangri-La is facing its technological challenges By Steve Shellum When Max Fankhanel checked into one of those new super-high-tech hotels in Dubai, with guestrooms containing more gadgets than NASAs control centre, he was faced with a dilemma: how the heck do you turn off the TV? Given that Fankhanel is Shangri-Las group director of engineering and deals with technology every day of his working life, that particular incident reflects just how far some hotels have lost the pl...
Anthony R. Genth and Tanco Resorts Berhad Terminate Agreement / June 2002
February 28, 2002
Hotel Online Special Report Anthony R. Genth and Tanco Resorts Berhad Terminate Agreement Boulder, Colorado - June 19, 2002 -- Alton Leisure Industries LLC recently announced the termination of an agreement between its managing partner, Anthony (Tony) R. Genth and the Tanco family of companies. Based in Kuala Lumpur, Malaysia, Tanco is a diversified public company with extensive real estate and business interests throughout Asia. Alton is an international consulting company providing services to clients around the world. Genth had previously served as CEO of Tanco's Sunshine MarketPlace Inc. (SMI). ...
Tammera Bolsch, Director of Sales and Marketing for the Wellesley Inn & Suites® Hotel in Columbia, Maryland, Crowned Winner of the Mrs. Maryland P
February 28, 2002
Hotel Online Special Report Tammera Bolsch, Director of Sales and Marketing for the Wellesley Inn & Suites® Hotel in Columbia, Maryland, Crowned Winner of the Mrs. Maryland Pageant FAIRFIELD, NEW JERSEY (June 11, 2002) ---- Tammera Bolsch of Annapolis, Maryland was crowned winner of the Mrs. Maryland Pageant Saturday evening, May 4, 2002. Mrs. Bolsch is Director of Sales and Marketing for the Wellesley Inn & Suites® hotel in Columbia, Maryland. In addition to her duties as a full-time professional, wife and mother of two toddlers, Mrs. Bolsch serves extensively in her community. Most recently, she organi...
Tom Oliver's Six Continents Hotels Gameplan for Asia Pacific / Five Goals for Increasing Revenues / June 2002
February 28, 2002
Hotel Online Special Report Tom Oliver's Six Continents Hotels Gameplan for Asia Pacific Five Goals for Increasing Revenues Hotel Asia Pacific June 2002 By Steve Shellum Let's get the numbers out of the way first. Ever since Bass sold off its UK brewing business and re-emerged as Six Continents Hotels, it has been on a non-stop buying spree that has earned it the title of the worlds most global hotel company. Depending on how you look at it, the numbers involved look mightily impressive or mightily scary. The sale of its brewing assets early last year gave the company a massive war chest of nearl...
Summit Hotels & Resorts, and TIV Operations Group Sign Pact to Improve Telecom Profits / June 2002
February 28, 2002
Hotel Online Special Report Summit Hotels & Resorts, and TIV Operations Group Sign Pact to Improve Telecom Profits TIV CompuCallSM is at the heart of corporate telecom improvement project June 24, 2002 Dallas, Texas & London, U.K. TIV Operations Group, Inc. and luxury hotel group Summit Hotels & Resorts today announced a joint accord to offer The TIV CompuCall Telephone Revenue Yield Management system to all Summit hotels. Commenting on the new agreement with Summit Hotels & Resorts, Louis A. Martinelli, President, TIV stated, We are delighted at the prospect of working with Summit to deliver advan...
