Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
February 28, 2002
Hotel Online Special Report Hospitality Upgrade Magazine to Produce the Industrys First CIO Summit ATLANTA June 20, 2002 Hospitality Upgrade magazine, the technology source, will produce the hospitality industrys first CIO Summit on September 4-5, 2002, at the Hotel du Pont in Wilmington, Del. The prestigious two-day event will gather 25 chief information officers (CIOs) from the industrys leading companies. The CIO Summit 2002 will offer two key sessions. The first session is educational and examines the potential impact that customer data privacy and security legislation may have on the hospitality i...
The Once-grand 1,100 room Statler Towers in Downtown Buffalo In a Real Estate Limbo amid Rumors the Senecas Want to Use it for a Casino / June 2002
February 28, 2002
Hotel Online News for the Hospitality Executive The Once-grand 1,100 room Statler Towers in Downtown Buffalo In a Real Estate Limbo amid Rumors the Senecas Want to Use it for a Casino By Lisa Haarlander, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Jun. 24--The once-grand Statler Towers in downtown Buffalo is in a kind of real estate limbo amid the continuing battle over bringing casino gambling to the city. The 17-story landmark, which once boasted 1,100 hotel rooms, has long been an affordable office building. But for years, many tenants have lived with month-to-month leases. For some, cheap rent and ...
February 28, 2002
Hotel Online Special Report Global Update: Whos Where and Doing What June 2002 Heads Above the Rest The Newsletter of The Boutique Search Firm The Americas The City of Angels extends a warm welcome to a disappointingly meagerly attended worldwide conference of the Leading Hotels of the World. Some blame poor attendance on the economy, others claim Los Angeles is too far. Far from what? I thought we were the center of the world. Others feel the recent creation of Leading Small Hotels brought in properties so small they cannot afford the financial nor human cost of the conference. The Italians and tho...
February 28, 2002
Hotel Online Special Report Daniel Bouluds NYC Restaurants Puts Coyle Hospitality Group on the Menu Quality Assurance Audits Performed for Bouluds Dinex Group New York City, June 5th, 2002 -- Coyle Hospitality Group (CHG), a leading provider of consulting services to the hospitality industry, today announced that the company will be providing Quality Assurance Audits for all of Daniel Bouluds NYC restaurants-- Daniel, Cafe Boulud, and DB Bistro Moderne. "Top Restaurateurs and hoteliers understand that hospitality is an art-form. Daniel Boulud's management team exemplifies what it takes to reach ...
Boston's $800 million Convention & Exhibition Center Turns to Free Rent; Only 11 Firm Bookings for First Decade / June 2002
February 28, 2002
Hotel Online News for the Hospitality Executive Boston's $800 million Convention & Exhibition Center Turns to Free Rent; Only 11 Firm Bookings for First Decade By Thomas C. Palmer Jr., The Boston Globe Knight Ridder/Tribune Business News Jun. 8--Sign up to have your meeting during the first six months the new Boston Convention & Exhibition Center is open, and get your rent free. That's the deal the Massachusetts Convention Center Authority will make to bring customers to the $800 million facility, which has logged an underwhelming number of bookings for its first few years. It's due to open in June 2004. So far, sp...
With Bookings Lagging at the New $600 million Boston Convention Center, Officials Considering a Private Marketing Group / June 2002
February 28, 2002
Hotel Online News for the Hospitality Executive With Bookings Lagging at the New $600 million Boston Convention Center, Officials Considering a Private Marketing Group By Thomas C. Palmer Jr., The Boston Globe Knight Ridder/Tribune Business News Jun. 7--Acknowledging that generating business for the Boston Convention & Exhibition Center is harder than anyone expected, Massachusetts Convention Center Authority officials yesterday proposed a new, privately run marketing group dedicated to bringing conventions to Boston. Although the new plan would reduce the role of the Greater Boston Convention & Visitors Bureau, which...
Host Marriott Corporation Acquires the 1,139-room Boston Marriott Copley Place for $214 million, or $188,000 per Room / June 2002
February 28, 2002
Hotel Online Special Report Host Marriott Corporation Acquires the 1,139-room Boston Marriott Copley Place for $214 million, or $188,000 per Room June 18, 2002 - Host Marriott Corporation today announced that it acquired the 1,139-room Boston Marriott Copley Place, located in the famous Back Bay district of Boston, Massachusetts. The hotel was purchased for $214 million, or $188,000 per room. The purchase price includes the assumption of $97 million of debt, with an interest rate of 8.39% and a maturity date in 2006. In 2001, the Earnings Before Interest Expense, Taxes, Depreciation, Amortization and other...
Fairfield Resorts, Inc. Developing a 744-unit Timeshare Resort at the Bonnet Creek Resort Development in Orlando / June 2002
February 28, 2002
Hotel Online Special Report Fairfield Resorts, Inc. Developing a 744-unit Timeshare Resort at the Bonnet Creek Resort Development in Orlando ORLANDO, Fla., June 27, 2002 - Fairfield Resorts, Inc., the largest vacation ownership company in the world, today announced that it has reached a definitive agreement with Bonnet Creek Venture, Ltd. to purchase 46 acres at the Bonnet Creek Resort development in Orlando, Fla. Fairfield Resorts plans to construct a 744-unit timeshare resort at the location beginning in early 2003. The transaction is expected to close October 1, 2002. Fairfield Resorts will be the ...
The Ninth Annual Frank Berkman Tourism Achievement Awards Banquet Set for June 27, 2002 in NYC / June 2002
February 28, 2002
Hotel Online Special Report The Ninth Annual Frank Berkman Tourism Achievement Awards Banquet Set for June 27, 2002 in NYC NEW YORK, NY (June 6, 2002) The hospitality, meetings, travel and tourism industries will join forces to honor and award the New York City firefighters, police, Port Authority police and emergency medical technicians under the banner of the Hospitality Sales & Marketing Association International (HSMAI) at the Ninth Annual Frank Berkman Tourism Achievement Awards banquet June 27 at the Regent Wall Street Hotel. HSMAI officials selected the uniformed services personnel of Ne...
Benchmark Hospitality Acquires New Properties at Record Pace with Support from Ramesys / June 2002
February 28, 2002
Benchmark Hospitality Acquires New Properties at Record Pace with Support from Ramesys June 2002 - Benchmark Hospitality moves quickly when it comes to acquiring new properties. They are able to be successful at this because they can react quickly and confidently. Their formula for success includes an IT partner that is able to keep up with their pace, no matter how little advance notice is given. Benchmark (www.benchmarkhospitality.com) operates luxury resorts, hotels, spas, golf clubs and conference centers. With 25 properties across the United States, Canada and Japan, Benchmark has taken the lead among its peers with pro...
Barnsley Gardens Charms the World Using Integrated Sales and Catering, PMS from Northwind / June 2002
February 28, 2002
Hotel Online .Special Report Barnsley Gardens Charms the World Using Integrated Sales and Catering, PMS from Northwind Strives to Shift Mix from 65% Corporate Management Groups to Ideal of 60% Small Group Incentive Travel; S&C Module Eliminates Clerical Position, Pays for Itself in Four Months June 2002 - An hour north of Atlanta in a fertile valley that was once sacred Cherokee Indian land, Barnsley Gardens Resort rises on 1,300 acres in the foothills of the Blue Ridge Mountains. Named one of Americas Three Favorite Country Inns by Town & Country Magazine, the luxury resort is famed for its culture of genui...
Barry Diller Acquires Interval International for $578 million in Cash and Stock / June 2002
February 28, 2002
Hotel Online News for the Hospitality Executive Barry Diller Acquires Interval International for $578 million in Cash and Stock By Tom Stieghorst, South Florida Sun-Sentinel Knight Ridder/Tribune Business News Jun. 1--Media and e-commerce guru Barry Diller added Interval International, a Miami-based timeshare service firm, to his growing stable of online travel concerns on Friday, paying $578 million in cash and stock. Diller is chairman of USA Interactive, formerly USA Networks, which has recently acquired Expedia and Hotels.com. It also has a controlling stake in Ticketmaster. USA Interactive also owns Precision ...
British Airways Sells New York City Hotel to an Affiliate of Hotel Properties Limited, Singapore for $31 million / June 2002
February 28, 2002
Hotel Online Special Report British Airways Sells New York City Hotel to an Affiliate of Hotel Properties Limited, Singapore for $31 million Airline Enters Agreement for Continued Crew Use New York - June 5, 2002 - Insignia/ESG Hotel Partners is pleased to announce that it has arranged the sale of British Airways' hotel at 127 East 55th Street in Midtown Manhattan, with an agreement for the continued exclusive use by British Airways flight personnel. An affiliate of Hotel Properties Limited, Singapore acquired the hotel for US$31 million. Fitzpatrick Hotels, which operated the property on behalf ...
Across Australia, Demand for Tourism Accommodation Increased by 2.4% Over March 2001/ June 2002
February 28, 2002
Hotel Online Special Report Across Australia, Demand for Tourism Accommodation Increased by 2.4% Over March 2001 Sydney, June 27, 2002 - Demand for tourism accommodation recorded its largest increase since before the Olympics, according to the latest Hotel Property Digest update from Jones Lang LaSalle Hotels. Across Australia, demand for tourism accommodation increased by 2.4% over March 2001 the largest increase over the same previous period since June 2000. The result is evidence of the success of Federal and State Government support packages and tourism marketing initiatives directed towards the do...
Cyrela Brasil Realty and Atlantica Hotels Open Prototype Extended-stay Hotel, The Quality Suites Long Stay in São Paulo / June 2002
February 28, 2002
Hotel Online Special Report Cyrela Brasil Realty and Atlantica Hotels Open Prototype Extended-stay Hotel in São Paulo, The Quality Suites Long Stay SÃO PAULO, June 3, 2002 Atlantica Hotels International, South Americas second-largest hospitality company, is adding three hotels to its portfolio of operating properties. The hotels are the 135-room Comfort Suites Flamboyant in Goiânia, the 334-room Quality Suites Long Stay in São Paulo and the 130-room Comfort Hotel Guarulhos near São Paulos Guarulhos International Airport. At a time when funding for hotel projects throughout the world appears to...
Harold Rapoza Named VP-Operations Planning and Special Projects at ASTON Hotels & Resorts Hawaii Seven Other New Management Positions Appointed / June
February 28, 2002
Hotel Online Special Report Harold Rapoza Named VP-Operations Planning and Special Projects at ASTON Hotels & Resorts Hawaii Seven Other New Managers Appointed HONOLULU (June 17, 2002) - With a reputation for promoting from within, ASTON Hotels & Resorts Hawaii, a ResortQuest International Company, is proud to announce the appointments of eight of its employees to new management positions and the hiring of a new general manager. Harold Rapoza has been promoted to vice president-operations planning and special projects. Rapoza, who joined ASTON in mid-1997, will be responsible for property transitions and...
February 28, 2002
Hotel Online .Special Report The Worlds Leading Lock Group Combines Three North American Hotel Security Brands to Form ASSA ABLOY Hospitality Inc. DALLAS, TX - (June 25, 2002) ASSA ABLOY AB, the worlds leading supplier of locking and security solutions, with over 100 affiliated companies around the globe, has announced the formation of ASSA ABLOY Hospitality Inc. This dynamic new group combines the resources of the organizations three leading North American hospitality industry brands, including VingCard, Elsafe and TimeLox. Prior to the formation of the new group, the three brands operated independently as VingCard...
ARAMARK Completes Acquisition of the Harrison Conference Centers from Hilton Hotels Corporation for Approximately $49 million in Cash / June 2002
February 28, 2002
Hotel Online Special Report ARAMARK Completes Acquisition of the Harrison Conference Centers from Hilton Hotels Corporation for Approximately $49 million in Cash PHILADELPHIA - June 21, 2002 - ARAMARK (NYSE:RMK), a world leader in managed services, announced today that it has completed the acquisition of the Harrison Conference Centers portfolio of conference centers and university hotels from Hilton Hotels Corporation for approximately $49 million in cash. The transaction includes 11 Harrison Conference Center facilities, including: the Merrill Lynch Conference and Training Center in Princeton, N...
Accovia Enters the U.S. Travel Service Market – Global Travel Technology Leader to Help U.S. Travel Agencies, Suppliers and Distributors Increas
February 28, 2002
Hotel Online Special Report Accovia Enters the U.S. Travel Service Market Global Travel Technology Leader to Help U.S. Travel Agencies, Suppliers and Distributors Increase Profitability Montreal, Canada June 18, 2002 AccoviaTM Inc., the global leader in automated travel packaging, today announced the companys formal entrance into the United States market. Currently, Accovia provides travel automation and management technology solutions to more than 100 wholesalers, travel agencies, suppliers and distributors in 11 countries, servicing more than 20 million passengers per year. The company has secured addi...
Accor Casinos Pursues Its Development, Acquiring Grand Casino du Palais in Le Touquet and Opening Casino de Carnac / May 2002
February 28, 2002
Hotel Online Special Report Accor Casinos Pursues Its Development, Acquiring Grand Casino du Palais in Le Touquet and Opening Casino de Carnac Paris, June 27, 2002 - Accor Casinos today announced it had acquired the concessionaire of the Grand Casino in Le Touquet on Frances northern coast. The casino, located in the Palais des Congrès convention center, includes gaming tables, 151 slot machines, a restaurant and conference rooms. In 2001, the Grand Casino generated EUR 16.3 million in gross revenues. The leading casino on the northern Normandy coast, it serves both a French and an international clie...
ASU Travel Guide: Your Major Player in the Airline-Employee Travel Market / June 2002
February 28, 2002
Hotel Online Special Report ASU Travel Guide: Your Major Player in the Airline-Employee Travel Market "How can they miss!" read the lead of a major story in the San Francisco Chronicle on November 3rd, 1969, when the newspaper heard of the founding of Airline Services Unlimited. That successful company broadened its interests, creating the ASU Travel Guide in June 1971 under the auspices of Ronald A. Folkenflik. Still publisher today, this quarterly travel publication continues to be the main source of airline-employee travel discounts for airfares, hotels, condos, tours, cruises, car rentals and much more. The p...
February 28, 2002
Hotel Online Special Report Depressed Hotel Industry Recognizes ASU Travel Guides Airline Trade Magazine and Website as Best Way to Fill Rooms June, 2002 - With the travel industry still not fully rebounded to pre-September 11th levels, Hospitality Marketers are under much pressure. Those Hospitality Marketers in the know recognize the lucrative airline-employee travel market as the paramount way to fill rooms. In this regard, the ASU Travel Guide is the way to go, whether with its long-time print version or its newly revamped website, http://www.asutravelguide.com. ASU Travel Guide has been around for over thirty ...
AFM Hospitality Corporation Completes Acquisition Of Ten Management Contracts From Heyde Hospitality / June 2002
February 28, 2002
Hotel Online Special Report AFM Hospitality Corporation Completes Acquisition Of Ten Management Contracts From Heyde Hospitality Growth to be guided by newly expanded Board of Directors Toronto, Ontario (CANADA) June 24, 2002 AFM Hospitality Corporation (TSX:AFM) one of North Americas leading hospitality franchise and management companies, announced today that it has received regulatory approval to complete the acquisition of the ten management contracts from Heyde Hospitality as previously announced on May 1, 2002. This acquisition represents more than 1,000 rooms located in Minnesota and Wisconsi...
