Fifteen Rema Brand Hotels in Germany to be Relagged Mercure / Jan 2002

January 30, 2002

Hotel Online Special Report Fifteen Rema Brand Hotels in Germany to be Relagged Mercure  Paris, 17 January 2002 - 15 new hotels (1,320 rooms), of which 12 franchises and 3 under lease, have been added to Accor hotel portfolio in Germany. These establishments, presently operated under the Rema brand name, will join the Mercure network in April 2002.  This operation further confirms Accor’s role as a consolidator in the European hotel market. The hotels are located primarily in the heart of major German cities:  Berlin, Dusseldorf, Frankfort, Hamburg, Leipzig, Nuremberg, Stuttgart, etc.  Two hotels in Berlin an...

American Hotel & Lodging Association to Lobby for Travel Promotion Funding; United States Secretary of Labor Elaine L. Chao to Speak / Jan 2002

January 30, 2002

Hotel Online  .Special Report American Hotel & Lodging Association to Lobby for Travel Promotion Funding During Legislative Action Summit; United States Secretary of Labor Elaine L.  Chao to Speak WASHINGTON -- January 25, 2002 - At the American Hotel & Lodging Association's (AH&LA) fifth annual Legislative Action Summit (LAS), hoteliers from across the country will gather to lobby their Members of Congress on issues important to the lodging industry, including an initiative to set up a fund to promote travel within and to the United States. Such a program disbursing federal funds to supplement existing s...

Joe McInerney, AH&LA President and CEO, Reveals Reorganization Plans; William Hanley Appointed New EVP / Jan 2002

January 30, 2002

Hotel Online Special Report Joe McInerney, AH&LA President and CEO, Reveals Reorganization Plans; William Hanley  Appointed New EVP Washington, January 15, 2002 - Keeping his pledge to streamline efficiency and strengthen the core operations of the American Hotel & Lodging Association (AH&LA), President & CEO Joe McInerney announced his first formal reorganization plans for the association.  Industry veteran William J. (“Bill”) Hanley will assume the newly created position of Executive Vice President, Corporate and Member Relations. Hanley, who is leaving the Cendant corporation as Senior Vice  Joe McIn...

Alfred Gorlick Named Hotelier Of The Year by Bahamas Hotel Association / Jan 2002

January 30, 2002

Hotel Online Special Report Alfred Gorlick Named Hotelier Of The Year by Bahamas Hotel Association January 15, 2002 - The Bahamas Hotel Association (BHA) has named Alfred Gorlick, CHA, Vice President & General Manager of the Sheraton Grand Resort Paradise Island, Hotelier Of The Year for 2001.      Gorlick, who has operated the 340-room resort since 1994, was honored at a recent luncheon of the BHA where he was presented with a plaque that reads: "In recognition by your peers of your outstanding achievements in hotel management and for your relentless pursuit of excellence in performance and standards." The aw...

Defying Predictions, Atlantic City's 12 Casinos Put Together a Strong Finish to 2001 / Jan 2002

January 30, 2002

Hotel Online News for the Hospitality Executive Defying Predictions, Atlantic City's 12 Casinos Put Together a Strong Finish to 2001 By Amy S. Rosenberg, The Philadelphia Inquirer Knight Ridder/Tribune Business News  Jan. 16--ATLANTIC CITY, N.J.-- Defying predictions of the first yearly revenue decrease in the history of New Jersey casino gambling, Atlantic City's 12 casinos put together a strong finish to 2001 and managed to keep intact a 23-year streak of winning more from gamblers each year than the last, if just barely.  Gamblers in Atlantic City lost $4.3 billion last year, a figure known as the "win" in the indus...

Atlantic City Casinos Bracing for Competition from Gaming in New York / Jan 2002

January 30, 2002

Hotel Online News for the Hospitality Executive Atlantic City Casinos Bracing for Competition from Gaming in New York By Teresa M. McAleavy, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News  Jan. 2--If Silvia De Julia were a betting woman, she would put her money on Atlantic City -- even if casinos come to New York State.  As president of the Saddle Brook Seniors, De Julia knows her contemporaries are Boardwalk-betting loyalists.  "I don't gamble myself, but I know the club members love Atlantic City," said De Julia, who runs monthly bus trips for about 100 North Jersey seniors to the famed seaside res...

iHotelier Powers Destination Marketing Efforts in Spain; CentraldeReservas.com is now powered by the iHotelier Central Reservation System / Feb 2002

January 30, 2002

Hotel Online Special Report     iHotelier Powers Destination Marketing Efforts in Spain CentraldeReservas.com is now powered by the iHotelier Central Reservation System HOUSTON, Texas (February 21, 2002) – iHotelier, a division of Webvertising, is now the central reservation system (CRS) behind www.centraldereservas.com. Catering to the European market and with 4,300 published lodging properties, the destination site, which has been online since 1996, promotes lodging and tourism within Spain and Andorra.  Different Travel, publisher of the site, is quickly converting hotels to the online reservations system and ...

January 30, 2002

Hotel Online Special Report     iHotelier & The Ad Factory Tag Team For Galveston’s Mardi Gras Success With almost one year since switching to iHotelier, 2002 Mardi Gras celebration proves to be another success for Galveston.com. HOUSTON, Texas (February 6, 2002) – iHotelier, a division of Webvertising, has much to celebrate with their Galveston destination - marketing partner, The Ad Factory, on the coming of their one-year anniversary in March.  In closing out this first year, the two realized very satisfying results from their work together.  Over a year that saw big downturns in both the technology and t...

Weekly Hotel Update Report / Feb 2002

January 30, 2002

Weekly Hotel Update Report Published each Friday, 48 weeks per year.  This recent week is provided courtesy of  Hotel-Online.com,  Research Report for Foodservice and ihospitality. Find out who, what, where and when before and as they open. Subscribers receive between 15-35 new hotel location openings per week. Report data is derived from more than 400 daily and weekly sources including legal filings, license filings, permits, press releases, web sites, newspapers and classified ads. Each day our research department verifies, qualifies and updates new and expanding activity in the hotel industry. Through daily interview wit...

Worldwide Hotel Room Nights Booked Electronically Through the Global Distribution Systems Down 12% Versus 4th Qtr Last Year / eMonitor / Feb 2002

January 30, 2002

Hotel Online Special Report   Worldwide Hotel Room Nights Booked Electronically Through the Global Distribution Systems Down 12% Versus 4th Qtr Last Year End-Of-Quarter Activity Indicates Hotel Industry Recovery CHICAGO - Feb. 5, 2002-- TravelCLICK's eMonitor results for the fourth quarter of 2001 show that worldwide hotel room nights and revenue booked electronically through the Global Distribution Systems (GDSs) decreased versus the same period last year. However, booking activity during the quarter showed a pattern of continuing recovery following the losses in hotel occupancy suffered after September 11th. ...

Boca Raton Resort & Club Opens The Yacht Club as the Fifth Accommodations Facility / Jan 2002

January 30, 2002

Hotel Online  .Special Report  Boca Raton Resort & Club Opens The Yacht Club as the Fifth Accommodations Facility Boutique Waterfront Hotel Opens Ahead of Schedule, Majority of Rooms Booked BOCA RATON, Fla. - February 1, 2002 - The Yacht Club at the Boca Raton Resort & Club opened today, two months ahead of schedule and with the majority of its 112 deluxe, waterfront guestrooms and suites booked.  The new boutique hotel was originally scheduled to open in April, but resort officials pushed the date up in an effort to have the facility open in time for the culmination of the Resort & Club's 75th anniversary ye...

Invitation-only Buyers Acquire All Freehold, Luxury Condominiums at Four Seasons Resort Whistler, Scheduled for Completion in 2004 / Feb 2002

January 30, 2002

Hotel Online  Special Report  Invitation-only Buyers Acquire All Freehold, Luxury Condominiums at  Four Seasons Resort Whistler, Scheduled for Completion in 2004 VANCOUVER, Feb. 26, 2002 - Intrawest Corporation, the premier developer of village-centered resorts in North America, today announced the complete sell-out of the Cdn. $152 million, 242-suite Four Seasons Resort Whistler. Demand was so strong that all available suites were purchased within five hours of the invitation-only sales launch today at the Four Seasons Hotel in Vancouver. Intrawest chairman, president and chief executive officer, Joe Houssian, ...

The 75 Year-old Warwick Now Brandishes the Radisson Name / Feb 2002

January 30, 2002

Hotel Online News for the Hospitality Executive The 75 Year-old Warwick Now Brandishes the Radisson Name  By Marcia Gelbart, The Philadelphia Inquirer Knight Ridder/Tribune Business News  Feb. 20--Bob Hope, Dwight D. Eisenhower and Sammy Davis Jr. all slept there. But these days, one of the city's most historic hotels is courting a different type of high-profile guest: the savvy business traveler.  With the Radisson name now on its awning and more meeting space under its roof, the 75-year-old hotel formerly known as the Warwick hopes to find its 21st century niche in Philadelphia's competitive hotel market.  "We'll b...

Wyndham Reports 2001 Net Loss of $266.9 million; Presents Business Plan to NYSE to Avoid De-listing / Hotel Operating Statistics / Feb 2002

January 30, 2002

Hotel Online Special Report  Wyndham Reports 2001 Net Loss of $266.9 million; Presents Business Plan to NYSE to Avoid De-listing Hotel Operating Statistics Permanent Amendment to Senior Credit Facilities Delivers Solution      DALLAS - Feb. 5, 2002-- Wyndham International, Inc. (NYSE:WYN) today reported results for the fourth quarter and full year ending Dec. 31, 2001.      Business Performance On a pro forma basis, which reflects adjustments for acquisitions and dispositions, earnings before interest, taxes, depreciation and amortization (EBITDA), as adjusted, was $76.8 million for the fourth quarter ve...

William J. Hoffman Appointed by Cook County, Illinois Court as Receiver for the Hyatt on Printers Row / Feb 2002

January 30, 2002

Hotel Online  Special Report  William J. Hoffman Appointed by Cook County, Illinois Court as Receiver for the Hyatt on Printers Row  SAN DIEGO, Calif. - William J. Hoffman was appointed by the Cook County, Illinois court to serve as Receiver for the 161-unit Hyatt on Printers Row.  The hotel is located in Chicago and features the award-winning Prairie Restaurant.  According to Hoffman, the hotel and restaurant are being operated by Hyatt Hotels under the terms of a management agreement between Hyatt and the owners of the hotel.  “This is unlike the typical scenario where it is necessary for Trigild to imme...

WestCoast Hospitality Reports For the Year Ended 2001 Eearnings of $0.59 Per Share; Hotel Occupancy at 60.5%, Down from 62.8% / Feb 2002

January 30, 2002

Hotel Online Special Report WestCoast Hospitality Reports For the Year Ended 2001 Eearnings of $0.59 Per Share;  Hotel Occupancy at 60.5%, Down  from  62.8% SPOKANE, Wash., Feb. 14, 2002 - WestCoast Hospitality Corporation (NYSE: WEH) today reported fourth quarter and year-end 2001 earnings for WestCoast and Red Lion Hotels and Inns.  For the year ended December 31, 2001, pro forma earnings per share reflecting the impact of the Red Lion Hotels and Inns acquisition as if it took place on January 1, 2001 was $0.69, compared to $0.45 in 2000.  For the same period, pro forma total revenue increased 61.9%, from $...

Las Vegas Loses a Much-needed Payday; Scrambles to Replace Tyson-Lewis Match / Feb 2002

January 30, 2002

Hotel Online News for the Hospitality Executive Las Vegas Loses a Much-needed Payday; Scrambles to Replace Tyson-Lewis Match By Dave Berns, Las Vegas Review-Journal Knight Ridder/Tribune Business News  Jan. 31--MGM Mirage executives are negotiating with representatives of Paul McCartney to have the legendary rocker appear at the MGM Grand Garden Arena on April 6, the same day Mike Tyson would have fought Lennox Lewis in a heavyweight championship bout at the Strip megaresort.  The concert talks, revealed Wednesday by a knowledgeable source, would create one part of a two-pronged effort that also would see the MGM Gr...

35 Million People Visited Las Vegas Last Year, a 2.3% Decline from 2000 / Feb 2002

January 30, 2002

Hotel Online News for the Hospitality Executive 35 Million People Visited Las Vegas Last Year, a 2.3% Decline from 2000 By Hubble Smith, Las Vegas Review-Journal Knight Ridder/Tribune Business News  Feb. 13--Slightly , a research analyst for the Las Vegas Convention and Visitors Authority reported Tuesday.  With a slumping U.S. economy and reduced demand for air travel, the numbers aren't expected to show much improvement in the coming year either, said Terry Jicinsky, research manager for the tourism agency.  After tallying 35.8 million visitors in 2000, the authority was projecting a 2.3 percent increase to 36.7 mil...

Value Investors, Not Vultures, Will Dominate the 2002 U.S. Hotel Investment Markets / Jones Lang LaSalle Hotels / Feb 2002

January 30, 2002

Hotel Online Special Report Value Investors, Not Vultures, Will Dominate the 2002 U.S. Hotel Investment Markets NEW YORK, February 7, 2002 — Jones Lang LaSalle Hotels compares today's U.S. hotel investment market fundamentals with those of the early 1990s and reports on the short-term transaction landscape, seller/buyer motivation and the likelihood of a V-shaped economic recovery.    According to Jones Lang LaSalle Hotels, hotel buyers and sellers are looking at the same economic data, yet they are drawing two very distinct conclusions: "Capital flows to real estate have been declining since their peak in 1998...

Vail Resorts Reports Total Skier Days Down 5.4%, Net Loss of $1.5 million for the First Half of Fiscal 2002 / Feb 2002

January 30, 2002

Hotel Online  Special Report  Vail Resorts Reports Total Skier Days Down 5.4%,  Net Loss of $1.5 million for the First Half of Fiscal 2002 February 27, 2002 - Vail Resorts, Inc. today announced financial results for the second quarter of fiscal 2002, ending January 31, 2002. Resort revenue for the quarter, which excludes revenue from real estate and technology operations, increased 0.6% to $180.0 million from $178.9 million in the comparable period of fiscal 2001. Total revenue for the quarter (including revenue from real estate and technology operations) was $217.8 million compared to the $189.4 million in the ...

Vagabond Adds Properties in Lompoc and Blythe, California / Feb 2002

January 30, 2002

Hotel Online Special Report   Vagabond Adds Properties in Lompoc and Blythe, California LOS ANGELES, CA – February 1, 2002 - Vagabond Franchise System, Inc. today announced the addition of two California locations to its expanding network of economy and mid-market properties.   The former Inn of Lompoc at 1122 North H Street is now the Vagabond Inn Lompoc in the California central coast community.  The property offers 90 guest rooms, indoor swimming pool, meeting space and a cocktail lounge.  Makveera LLC owns the hotel.  Sid Patel is the general manager.  The Vagabond Inn Lompoc is rated 3-diamonds by the Am...

Environmental Groups Not Happy About $300 million Invested in Utah Ski Resorts / Feb 2002

January 30, 2002

Hotel Online News for the Hospitality Executive Environmental Groups Not Happy About $300 million Invested in Utah Ski Resorts By Stephen R. Miller, Environmental News Network, Berkeley, Calif. Knight Ridder/Tribune Business News  Feb. 8--Utah skiing used to be known for its rustic no-frills atmosphere, but developers at the dozen resorts just miles from Salt Lake City are seizing the Olympic moment to turn the mountains into a playground for the jet set.  "Ski industry development has been phenomenal," said Gavin Noyes, director of Save Our Canyons, an environmental group trying to curtail the growth. "It has not been...

January 30, 2002

Hotel Online Special Report HSMAI – New England Coordinating Large Tourism Unity Rally in Boston BOSTON – February 19, 2002   - The Hospitality Sales and Marketing Association International (HSMAI) and The Massachusetts Lodging Association (MLA) announced a Tourism Unity Rally, scheduled for March 6, 2002 at the Statehouse in Boston.  The rally is a joint effort between the MLA, the Massachusetts Restaurant Association (MRA), the Hospitality Sales and Marketing Association International (HSMAI), the Retailers Association of Massachusetts, the Hotel Workers Union, and the thirteen statewide Regional Tourism Coun...

U.S. Hotel Investors Pessimistic on Short-term Performance; Very Strong Negative Sentiment Found in Hawaii, Orlando and San Francisco / Jones Lang LaS

January 30, 2002

Hotel Online Special Report U.S. Hotel Investors Pessimistic on Short-term Performance; Very Strong Negative Sentiment Found in Hawaii, Orlando and San Francisco Banking on Recovery NEW YORK, February 13, 2002 - Investors are pessimistic on the short-term performance of the hotel sector, according to Jones Lang LaSalle Hotels' Hotel Investor Sentiment Survey (HISS), the only global hotel investor survey which targets 1,800 of the largest investors and or owners of hotel/resort properties.   However, investors are confident that this downturn will be short lived and are optimistic for the performance outlook i...