Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
Local Investors Continue to Dominate Australian Tourist Accommodation Ownership / Feb 2002
January 30, 2002
Hotel Online Special Report Local Investors Continue to Dominate Australian Tourist Accommodation Ownership Sydney, February 6, 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. The results of the survey, which spans 137 major owners, 395 establishments and over 69,200 rooms across Australia, show that 55% of Australias tourist accommodation is owned by local investors. The results will form part of Jones Lang LaSalle Hotels Digest Australia, 2001/02 ...
La Quinta Lodging Revenues for the Fourth Quarter Down 14.0% Compared to Last Year; Eliminates 60 Corporate Positions / Lodging Statistics / Feb 2002
January 30, 2002
Hotel Online Special Report La Quinta Lodging Revenues for the Fourth Quarter Down 14.0% Compared to Last Year; Eliminates 60 Corporate Positions Lodging Statistics DALLAS, Feb. 25, 2002 - La Quinta® Corporation (NYSE: LQI) today announced financial results for the fourth quarter and full year ended December 31, 2001. La Quinta will hold a conference call today to discuss these results and other matters. La Quintas operating results continued to be impacted by the slowdown in travel and a decline in lodging demand resulting from the U.S. economic downturn and the September 11 terrorist attacks, which w...
Online Bookings for The Leading Hotels of the World Doubled from 7,017 in 2000 to 17,121 in 2001/ Feb 2002
January 30, 2002
Hotel Online Special Report Online Bookings for The Leading Hotels of the World Doubled from 7,017 in 2000 to 17,121 in 2001 Company Expects $50 Million in Sales From Internet Site in 2002 NEW YORK Feb. 12, 2002 - Chalk it up to instant luxury gratification...boomer demand for convenience...or perhaps a greater comfort with e-commerce transactions. No matter how you characterize it, The Leading Hotels of the World, Ltd. is seeing phenomenal growth in online bookings at rates that are a minimum of $10 higher than through traditional booking sources (toll-free voice reservations or travel agency GDS bo...
Lodging Executives Sentiment Vaults Positive – after 10 Months of No Growth or Decline / Feb 2002
January 30, 2002
Hotel Online Special Report Lodging Executives Sentiment Vaults Positive after 10 Months of No Growth or Decline Durham, N.H., Jan. 31, 2002 Whew! We made it! The preliminary reading of the Lodging Executives Sentiment Index moved very positive to 61.7 in January from 50.0 in December, 2001 and after 10 months of hovering around the flatline indicating little growth and some decline. The Current Situation Index recorded a 33.3 reading, its first significant jump in eight months equaling both April and May of 2001. Id say were hanging by our fingernails. While our hotels have better occupancies than those ...
OPINION: Florida's Kissimmee-St. Cloud Area Is a Good Bet to Get Casinos / Feb 2002
January 30, 2002
Hotel Online News for the Hospitality Executive OPINION: Florida's Kissimmee-St. Cloud Area Is a Good Bet to Get Casinos By Mike Thomas, The Orlando Sentinel, Fla. Knight Ridder/Tribune Business News Feb. 14--There will be casino gambling in Florida. The county that may well be first in line is Osceola. Tourism, like the dot-com industry, is going through a huge shakeup in Central Florida. Economic Darwinism is rejecting the gaudy motel strip on U.S. Highway 192 as a mutation that will not work. The business drop-off there far exceeds the drop-off at International Drive. It is so bad that hotel owners are asking to...
International Society of Hospitality Consultants Honors Bill Kimpton (Posthumously) for his Pioneering Leadership in the U.S. Boutique Hotel Market /
January 30, 2002
Hotel Online Special Report International Society of Hospitality Consultants Honors Bill Kimpton (Posthumously) for his Pioneering Leadership in the U.S. Boutique Hotel Market WASHINGTON, D.C. February 5, 2002 - International Society of Hospitality Consultants Executive Director Lori Raleigh announces the Societys decision to bestow the 2002 ISHC Pioneer Award honor on veteran boutique hotel leader Bill Kimpton, posthumously. The award will be accepted by long-time associate and Chairman/CEO of the Kimpton Hotel & Restaurant Group, LLC, Thomas W. La Tour. ISHC Chairman Gary Bernes and President Rick Past...
E-tourism Undergoing Another Revolution / Opinion Piece by Dr Karsten Karcher / Feb 2002
January 30, 2002
Hotel Online .Special Report E-tourism Undergoing Another Revolution / Opinion Piece by Dr Karsten Kärcher Online Travel Is Dead, Long Live Online Travel 02 February 2002 - The internet has already changed the way the travel industry operates: online technology and the rise of e-commerce have revolutionised the way people research and book travel, and industry players have been forced to restructure to cater for customers' demands for a more flexible approach to buying travel. However, a second and equally significant revolution is about to hit the tourism sector, with massive rewards promised to i...
Lodging Industry in Kansas City Reports Worst Occupancy in a Decade / Feb 2002
January 30, 2002
Hotel Online News for the Hospitality Executive Lodging Industry in Kansas City Reports Worst Occupancy in a Decade By Rick Alm, The Kansas City Star, Mo. Knight Ridder/Tribune Business News Feb. 5--The lodging industry in Kansas City posted its worst year in a decade as occupancy rates in 2001 slipped to their pre-boom, 60 percent levels of 1991-1992. Local market expert Jeff Marvel said the drop from 63 percent in 2000 "reflects the stagnant first half of the year...that deteriorated rapidly after Sept. 11." Marvel's year-end report was not all bad news. "In today's reality," he said, "the absolute 60 percent ...
Kevin M. Ball Appointed General Manager of the Peery Hotel, Salt Lake City, Utah / Feb 2002
January 30, 2002
Hotel Online Special Report Kevin M. Ball Appointed General Manager of the Peery Hotel, Salt Lake City, Utah NEW YORK, NY, February 4, 2002 - Kevin M. Ball has been appointed General Manager of the Peery Hotel, a historic 73-room property in downtown Salt Lake City, Utah. The hotel, known as the jewel of Salt Lake City, will be managed by the Boutique Hotel Group, a leading hotel management company located in New York and specializing in the boutique sector. The Peery Hotel joins five prominent Manhattan properties in the collection. As General Manager, Mr. Ball will be responsible for managing the hotel's ...
John Q. Hammons Hotels Reports Full Year Loss of ($0.61) Per Share; More than Half of Loss Attributed to Defective Windows at Nine Hotels / Hotel Oper
January 30, 2002
Hotel Online Special Report John Q. Hammons Hotels Reports Full Year Loss of ($0.61) Per Share; More than Half of Loss Attributed to Defective Windows at Nine Hotels Hotel Operating Data Fourth Quarter RevPAR Exceeds Industry, Well-Poised for 2002 SPRINGFIELD, Mo. - Feb.13, 2002 - John Q. Hammons Hotels, Inc. (AMEX:JQH) today reported on its full-year and fourth-quarter 2001 results. Full-Year Results Total revenue was $436.7 million for the 2001 year, up slightly compared to the 2000 year total revenue of $436.6 million. Total earnings before interest expense, taxes, depreciation, and amortization (EBITDA...
January 30, 2002
Hotel Online Special Report iHoteliers Parent Company, Webvertising, Appoints New Board Member Former CEO of Greenlight.com and Saab, USA, Joel Manby Joins the Webvertising Team HOUSTON, Texas (February 26, 2002) Webvertising, Inc. announced today the appointment of Mr. Joel Manby to the companys Board of Directors. Mr. Manby became a Director of Webvertising in December, 2001. We are extremely excited about having Joel on our board to help us guide Webvertising through the very exciting growth opportunities the company faces, said Dougal Cameron, Chairman of Webvertisings Board of Directors. His...
JMI Realty To Partner With Omni Hotels for Long Planned 512 Room Hotel Adjacent to San Diego Convention Center / Feb 2002
January 30, 2002
Hotel Online Special Report JMI Realty To Partner With Omni Hotels for Long Planned 512 Room Hotel Adjacent to San Diego Convention Center IRVING, Texas (February 6, 2002) - Omni Hotels today announced that they have teamed up with JMI Realty of San Diego to develop a new luxury hotel in downtown San Diego. Construction on the $124 million development project is expected to resume this April with an estimated completion date of April 2004. The Omni San Diego Hotel is located directly across from the recently expanded San Diego Convention Center and will be connected by a sky bridge to the new San Diego Padres Ballp...
JMBM's Study of Hotel Financing Will Take the Pulse of the Industry from Wall Street and Main Street / Feb 2002
January 30, 2002
Hotel Online Special Report JMBM's Study of Hotel Financing Will Take the Pulse of the Industry from Wall Street and Main Street Los Angeles, California - February 4, 2002 - Jim Butler, Chairman of the Global Hospitality Group of Jeffer, Mangels, Butler & Marmaro LLP ("JMBM") announced today at the ALIS conference that the firm will sponsor a comprehensive survey of hotel lenders and report on the state of hotel finance, beginning in early 2002. A joint venture of JMBM, Zest Communications and LH - Lodging Hospitality Magazine, the JMBM Lender Survey and resulting report will detail trends and actual lender criteria ...
John Antun, research professor at the USC School of Hotel, Restaurant and Tourism Management Named Food Educator of the Year / Feb 2002
January 30, 2002
Hotel Online Special Report John Antun, Research Professor at the USC School of Hotel, Restaurant and Tourism Management, Named Food Educator of the Year Columbia, SC - February 2002 - The University of South Carolina School of Hotel, Restaurant and Tourism Management is proud to announce Foodservice Educators Network International and Chef Magazine have named John Antun, Ph.D. as the Foodservice Educator of the Year for 2002. Antun was presented the award at the Fourth Annual FENI Educators Summit on February 15, 2002 in Chicago, Illinois. He was selected from over 4000 foodservice educators in North America...
Jameson Inns, Inc Reports 2001 RevPAR Down 8% from Previous Year, Occupancy Rate for 124 Properties Was 52.4% / Hotel Statistics / Feb 2002
January 30, 2002
Hotel Online Special Report Jameson Inns, Inc Reports 2001 RevPAR Down 8% from Previous Year, Occupancy Rate for 124 Properties Was 52.4% Hotel Statistics ATLANTA, Feb. 12, 2002 - Jameson Inns, Inc. (Nasdaq: JAMS - news), a hotel real estate investment trust (REIT), and owner of Jameson Inns and Signature Inns, today announced results for the fourth quarter and year ended December 31, 2001. Fourth Quarter 2001 Overview Funds from operations (FFO) were $1.5 million, or $.13 cents per share of common stock, basic and diluted, for the fourth quarter 2001, versus FFO of $2.8 million, or $.25 cents per share, for the...
InnLink Positions for Growth – Launches New Web Site, Increases Staff and Enhances Services / Feb 2002
January 30, 2002
Hotel Online Special Report InnLink Positions for Growth - Launches New Web Site, Increases Staff and Enhances Services Hendersonville, TN InnLink, L.L.C., a company specializing in a variety of reservation representation services for hotels and hotel companies including toll-free, private label voice reservation services, seamless global distribution system (GDS) services, Internet distribution system (IDS) services, and Customer Relationship Management (CRM) programs announces the activation of its new web site (www.innlink.com) in addition to adding over 50 new staff members and enhancing its Customer Relationship...
Four Motels in Indianapolis May Have Licenses Revoked by City / Feb 2002
January 30, 2002
Hotel Online News for the Hospitality Executive Four Motels in Indianapolis May Have Licenses Revoked by City By Celeste Williams, The Indianapolis Star Knight Ridder/Tribune Business News Feb. 12--They're no Holiday Inns. Some are throwbacks to another era, when long, low-slung "motor hotels" with giant, gaudy signs were the rage. "Hot water," "Color TV" and "In-room phones" were neon come-ons to weary motorists. But Mayor Bart Peterson says some of the motels have become blights on the city landscape, magnets for drugs and prostitution, nuisances to neighbors and slums to their own guests. Peterson has been...
H.E.R.E. Local 1 Targets Indiana Casinos Over Health Care Costs / Feb 2002
January 30, 2002
Hotel Online Special Report H.E.R.E. Local 1 Targets Indiana Casinos Over Health Care Costs EAST CHICAGO, INDIANA - February 8, 2002 - Union workers from riverboat casinos Harrah's, Trump, Buffington Harbor and Majestic Star are gathering today to call on state legislators to amend the dockside gambling bill. The controversial bill, which passed the State Senate on January 31 by a vote of 27-23, will be considered by the State House as early as next week. The Union's proposed amendment would require the riverboats to reimburse the state for the cost of providing healthcare to uninsured workers and their dep...
OPINION: Indian Gaming is Different from Other Forms of Gambling / Feb 2002
January 30, 2002
Hotel Online News for the Hospitality Executive OPINION: Indian Gaming is Different from Other Forms of Gambling By Deron Marquez, Indian Country Today, Oneida, N.Y. Knight Ridder/Tribune Business News Feb. 12--There is a dangerous trend in the media, namely, stories that compare Indian gaming with other forms of gambling. A recent Los Angeles Times editorial railed against the expansion of gaming in California, such as off-track betting and Internet gambling, grouping these with Indian gaming. The Times is right: There is indeed a dangerous potential for vastly expanded gaming in California -- but this should not be...
Ikal del Mar, Located on Mexico's Caribbean Coast, Joins Small Luxury Hotels of the World / Feb 2002
January 30, 2002
Hotel Online Special Report Ikal del Mar, Located on Mexico's Caribbean Coast, Joins Small Luxury Hotels of the World DALLAS, February 2002 - Small Luxury Hotels of the World (SLH) has announced the addition of the luxury consortium's newest North American member, Ikal del Mar (Poetry of the Sea). Located in Playa Xcalacoco on Mexico's Caribbean coast, this new resort nestled between eight miles of pristine beach and offers individual villas with private pools, Ethnic Mayan SPA and Temazcal facilities, and a gourmet restaurant fusing Mediterranean and Yucatan cuisines. SLH member hotels are selected for leve...
Hotel Palace Berlin, a member of Summit Hotels & Resorts, Installs IDeaS e-yieldTM Revenue Management Solution / Feb 2002
January 30, 2002
Hotel Online Special Report Hotel Palace Berlin, a Member of Summit Hotels & Resorts, Installs IDeaS e-yieldTM Revenue Management Solution MINNEAPOLIS, February 7, 2002 IDeaS, Inc., a leading provider of revenue management solutions, announced today that the Hotel Palace Berlin has installed and is operating the IDeaS Revenue Management Solution, known in the hospitality industry as e-yield. We choose IDeaS because of their superior reputation in the market especially in Berlin, where six other five-star properties have already installed the IDeaS Revenue Management Solution. The proven incremental financial r...
Basketball Tournaments Deliver Boost to Huron, South Dakota Area Economy / Feb 2002
January 30, 2002
Hotel Online News for the Hospitality Executive Basketball Tournaments Deliver Boost to Huron, S.D.-Area Economy By Kay Humphrey, Indian Country Today, Oneida, N.Y. Knight Ridder/Tribune Business News Feb. 12--HURON, S.D.--The Dakota Oyate Tournament, an annual All-Indian boys' basketball tournament, brought a boost to the Huron area's economy as fans descended on the northeastern South Dakota town for one of the largest tournaments in the region. The tournament, which was formerly known as the All-Indian Tournament, is one of three large Native American tournaments that will be played in Huron this year. The t...
Technology and the Human Touch / Dan Phillips / Hospitality Upgrade Magazine / Feb 2002
January 30, 2002
Hotel Online Special Report Technology and the Human Touch This article is from the upcoming Hospitality Upgrade Spring 2002 issue. For more technology articles please visit our Web site. To receive the upcoming issue of Hospitality Upgrade magazine register on the Web site or e-mail . . Spring 2002 By Dan Phillips Ten years ago, my mothers mother began suffering from Alzheimers and had to be put in a nursing home. My mother and her sister both would travel up to New London, Conn., to visit and to keep her personal effects in order. On their first trip, after my grandmothers house had been sold,...
HubX Helps Integrate Ocean Properties' Legacy Systems and Operations Functions / Feb 2002
January 30, 2002
Hotel Online Special Report HubX Helps Integrate Ocean Properties' Legacy Systems and Operations Functions Newton MA (February 18, 2002) -- HubX has signed an agreement with Ocean Properties, manager of and investor in 80 properties in the US and Canada. HubX is providing two key applications to enable Ocean Properties' growing e-commerce capabilities: X-SITE a service that allows hotels and hotel companies to create and mange their web sites without the cost, effort or complexities normally associated with web designers, programmers and hosting facilities. An X-SITE option offers advanced web search engine op...
