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Hilton, Hyatt, Marriott, Six Continents and Starwood Hotels Are Founding Participants of Hotel Distribution System (HDS), LLC; Pegasus to Provide Tech
January 30, 2002
Hotel Online Special Report Hilton, Hyatt, Marriott, Six Continents and Starwood Are Founding Partners of Hotel Distribution System (HDS), LLC; Pegasus to Provide Technology for Internet Marketing Venture A New Competitor in Hotel Online Booking Five hotel chains -- Hilton Hotels, Hyatt Corporation, Marriott International, Six Continents Hotels and Starwood Hotels -- and Pegasus Solutions, the world's leading provider of technology solutions for the lodging industry, today announced the formation of Hotel Distribution System (HDS), LLC, a new venture that will market hotel rooms over the Internet thro...
Grenelefe Golf and Tennis Resort Goes Bankrupt; Parent Company, Sports Shinko Group, Shuts Down 30 Year Old Resort / Feb 2002...
January 30, 2002
Hotel Online News for the Hospitality Executive Grenelefe Golf and Tennis Resort Goes Bankrupt; Parent Company, Sports Shinko Group, Shuts Down 30 Year Old Resort By Bill Heery, Tampa Tribune, Fla. Knight Ridder/Tribune Business News Feb. 20--HAINES CITY, Fla.--Francis Blendell and Maria Colbert of Albany, N.Y., stood outside the Grenelefe Golf and Tennis Resort office Tuesday morning, pondering where they are going to spend their next four weeks of vacation. Owners of the 1,000-acre resort in northeast Polk County filed for Chapter 7 bankruptcy Monday in U.S. Bankruptcy Court in Tampa. Later that day, the resort st...
Documents Shed Light on Firing of Richard Goeglein Former CEO Aladdin Hotel Casino / Feb 2002...
January 30, 2002
Hotel Online News for the Hospitality Executive Documents Shed Light on Firing of Richard Goeglein Former CEO Aladdin Hotel Casino By Jeff Simpson, Las Vegas Review-Journal Knight Ridder/Tribune Business News Feb. 7--A disagreement over whether to publicly release warnings about the poor financial status of the Aladdin led property executives to fire the megaresort's former chief executive officer, state court documents show. Former Aladdin Chief Executive Officer Richard Goeglein was fired by the Aladdin's board of directors on Sept. 21, one week before the $1.05 billion Aladdin filed for bankruptcy protection i...
The Glickman Group Awarded Public Relations Contract for Palmilla Resort / Feb 2002...
January 30, 2002
Hotel Online Special Report The Glickman Group Awarded Public Relations Contract for Palmilla Resort Acclaimed Mexican Hideaway Joins Pinehurst, The Homestead and Barton Creek In Glickman Groups Stable Of Exclusive Luxury Resorts Charlottesville, VA February 1, 2002 The Glickman Group, a public relations agency focusing on the hospitality industry, has been awarded the public relations contract for Palmilla Resort in Los Cabos, Mexico. Long known as a glittering getaway for some of Hollywoods biggest stars, this Los Cabos resort is known to many as the Jewel of the Baja. Palmilla is one of t...
The Gleneagles Hotel in Scotland, a member of Leading Hotels of the World, selects IDeaS Revenue Management / Feb 2002...
January 30, 2002
Hotel Online Special Report The Gleneagles Hotel in Scotland, a Member of Leading Hotels of the World, Selects IDeaS Revenue Management World famous Gleneagles Resort selects IDeaS to increase revenue MINNEAPOLIS, February 25, 2002 IDeaS, Inc., a leading provider of revenue management solutions, announced today that Gleneagles Hotel & Resort in Scotland, a member of Leading Hotels of the World, has selected IDeaS e-yieldTM Revenue Management Solution. The system will be installed at the hotel within the next few months. We went through a thorough analysis of the systems available on the market and selecte...
The Gideon Putnam Hotel & Conference Center in Saratoga Springs, N.Y. In Year Two of Enhancement Program. / Feb 2002...
January 30, 2002
Hotel Online Special Report The Gideon Putnam Hotel & Conference Center in Saratoga Springs, N.Y. In Year Two of Enhancement Program SARATOGA SPRINGS, N.Y., February 18, 2002 The Gideon Putnam Hotel & Conference Center in Saratoga Springs, N.Y. has begun the second part of a two-year enhancement program. Work launched or completed in 2002 will include installation of chandeliers, wall sconces, a parquet dance floor, ceiling, lighting, and new sound system in the Grand Ballroom; repair of the historic wall paintings in the Garden Room and Georgian Room; installation of new energy-efficient HVAC uni...
Manfred Gerling Named Vice President of Development For WestCoast and Red Lion / Feb 2002...
January 30, 2002
Hotel OnlineSpecial Report Manfred Gerling Named VP of Development For WestCoast and Red Lion February 19, 2002 - WestCoast Hospitality Corporation today announced the development team that will lead the combined WestCoast Family of Hotels franchise sales. Combining the two premiere hotel companies of WestCoast and Red Lion into one family of hotels that have a unified culture, sales and marketing system will propel the expansion and marketing penetration for both the Red Lion and WestCoast brands. Manfred Gerling has been named Vice President of Development. Mr. Gerling will lead the development division ...
Galveston, Texas, Approves Plan for $30 million Beachfront Convention Center / Feb 2002...
January 30, 2002
Hotel Online News for the Hospitality Executive Galveston, Texas, Approves Plan for $30 million Beachfront Convention Center By Kevin Moran, Houston Chronicle Knight Ridder/Tribune Business News Feb. 15--GALVESTON, Texas--City officials Thursday approved a deal with Houston businessman Tilman Fertitta to build a $30 million beachfront convention center expected to open by the end of 2003. The City Council unanimously approved a plan to issue bonds for the project and retire the debt partly with proceeds from a 2 percent hotel-tax increase that voters approved in December 2000 "We'll be able to have easily 2,000 ...
The Scotto Brothers Open All Suite Hotel on Long Island, The Inn at Fox Hollow / Feb 2002...
January 30, 2002
Hotel Online Special Report The Scotto Brothers Open All Suite Hotel on Long Island, The Inn at Fox Hollow Woodbury, New York Scotto Brothers of Long Island, owners and operators of the Islands premier catering and restaurant facilities including Chateau Briand, Fox Hollow and Westbury Manor, announces the February 1, 2002 opening of its first hotel, The Inn at Fox Hollow in Woodbury, New York. Located just 30 miles east of midtown Manhattan, this all-suite property is situated on an 8-acre campus that includes the Fox Hollow conference facility. It is easily accessible...
Accor's Formule 1 Creates Separate Booking Site / Feb 2002...
January 30, 2002
Hotel Online .Special Report Accor's Formule 1 Creates Separate Booking Site 4 February 2002: Motel Formule 1 is setting pace for budget accommodation, with the launch of its new online booking service and website - www.formule1.com.au - going live today. In addition, the budget motel chain has installed internet kiosks in each of its properties. Guests will be able to book their accommodation online and receive instant confirmation of their booking via email, view information about all Formule 1s in Australia and access Accor's other hotels in Australia, New Zealand and New Caledonia via a link to www.a...
Focus Enterprises Building $10 million Holiday Inn in Fort Wayne, Ind. / Feb 2002...
January 30, 2002
Hotel Online News for the Hospitality Executive Focus Enterprises Building $10 million Holiday Inn in Fort Wayne, Ind. By Doug LeDuc, The News-Sentinel, Fort Wayne, Ind. Knight Ridder/Tribune Business News Feb. 11--FORT WAYNE, Ind.--The company that tore down the former Days Inn at Lima Road and Interstate 69 a little more than a year ago plans to build a six- story, full-service hotel at that location. Valparaiso-based Focus Enterprises will begin construction this spring on a 130-room Holiday Inn there, said Kevin Carlson, executive vice president. The company plans to open it in the spring of 2003. It is looki...
2002 Florida Lodging Report / Major City Reports / Ernst & Young LLP / Feb 2002...
January 30, 2002
Hotel Online Special Report 2002 Florida Lodging Forecast Ernst & Young LLP Top Ten Thoughts Miami Report Miami Beach Report Fort Lauderdale Report Orlando Report Tampa Report Other Florida Market 2001 at a Glance The tragedy of Sept. 11 (9/11) plunged the already withering U.S. economy into an officially declared recession, distressing virtually all industries across the nation. The hospitality industry was certainly no exception, as it suffered through the worst short-term prospects since the Gulf War. Repercussions from the events were not evenly felt across the country, however, as several demand-bas...
Four Seasons Hotels Reports 76% Decline in Fourth Quarter Earnings, Company Stress Tested But plans to Add Five New Hotels in 2002 and Seven in 2003 /
January 30, 2002
Hotel Online Special Report Four Seasons Hotels Reports 76% Decline in Fourth Quarter Earnings, Company "Stress Tested" But plans to Add Five New Hotels in 2002 and Seven in 2003 HOTEL OPERATING DATA TORONTO - Feb. 15, 2002 - Four Seasons Hotels Inc. (TSE:FSH) (NYSE:FS) today reported its results for the fourth quarter of 2001 and for the year ended December 31, 2001. In a period marked by significant economic and travel disruptions, net earnings for the quarter ended December 31, 2001 were $9.3 million ($0.27 basic and diluted earnings per share(1)), as compared to $38.5 million ($1.11 basic earnings per shar...
Frank Nardozza Leaves KPMG Consulting to Launch New Venture – REH Capital Partners, LLC / Jan 2002...
January 30, 2002
Hotel Online .Special Report Frank Nardozza Leaves KPMG Consulting to Launch New Venture - REH Capital Partners, LLC Fort Lauderdale, Florida (January 31, 2002) - In a move to capitalize on investment opportunities in this down market and to deliver "Big Firm" oriented professional services to clients through a smaller boutique firm format, Frank Nardozza, most recently National Practice Leader of Real Estate and Hospitality Consulting for KPMG Consulting, and former partner in KPMG, LLP, today announced the launch of REH Capital Partners, LLC, a nationally focused real estate and hospitality investment a...
Bill to Allow Gambling at Hotels with 500 rooms Proposed by Florida Legislator / Feb 2002...
January 30, 2002
Hotel Online News for the Hospitality Executive Bill to Allow Gambling at Hotels with 500 rooms Proposed by Florida Legislator By Erika Bolstad, The Miami Herald Knight Ridder/Tribune Business News Feb. 13--TALLAHASSEE, Fla.--Florida voters have turned down statewide gambling initiatives three times over the past 24 years, but South Florida legislators are still supporting bills that would expand the state's gaming laws. The newest proposal comes from Rep. Roger Wishner, D-Sunrise, in the form of a bill that would allow Las Vegas-style gambling at large hotels in counties with more than a million people. The bill ...
J.W. Marriott, Jr Speaks to 500 FIU Hospitality Management Students / Feb 2002...
January 30, 2002
Hotel Online .Special Report J.W. Marriott, Jr Speaks to 500 FIU Hospitality Management Students MIAMI, Fla. (Feb. 1, 2002) Florida International Universitys Hospitality Management students turned out to hear J.W. Marriott, Jr. speak about the hotel chains 75-year anniversary. To an audience of more than 500 hospitality students and 50 Marriott managers from South Florida, Marriott gave a detailed account of the companys roots and touched on the reasons why Marriott has been among the most successful hotel chains. There are five important points to remember when dealing in the hospitality in...
FelCor Reports Fourth-quarter Net Loss of $35.4 million, Reverses Profit of $35.1 million in the Year-earlier Period / Feb 2002...
January 30, 2002
Hotel Online Special Report FelCor Reports Fourth-quarter Net Loss of $35.4 million, Reverses Profit of $35.1 million in the Year-earlier Period Hotel Performance Statistics IRVING, Texas February 6, 2002 - FelCor Lodging Trust Incorporated (NYSE: FCH), one of the nations largest hotel real estate investment trusts (REITs), today reported operating results for the fourth quarter and year ended December 31, 2001. FelCors operating results for the fourth quarter and full year 2001 reflect the soft lodging demand resulting from the general economic recession and the aftermath of the September 11 events. Fourth Qua...
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January 30, 2002
Hotel Online Special Report Investors Believe Europes Hotel Market Not in a Prolonged Downturn; London Likely for Notable Turnaround Over the Medium Term Investors Believe in Medium Term Recovery For Europes Hotel Market Jones Lang LaSalle Hotels London, 13th February, 2002 Following the events of September 11th, investor sentiment towards the European hotel sector has weakened according to Jones Lang LaSalle Hotels Hotel Investor Sentiment Survey (HISS), which targets the worlds 1,800 largest investors and owners of hotel/resort properties. The encouraging news for the industry is that it is on...
Top 10 Destination Markets for Total GDS Room Nights in Europe During the Fourth Quarter, 2001 / TravelCLICK / Feb 2002...
January 30, 2002
Hotel Online Special Report Top 10 Destination Markets for Total GDS Room Nights in Europe During the Fourth Quarter, 2001 / TravelCLICK CHICAGO 12 February, 2002 TravelCLICK released results today for hotel room nights booked electronically through the Global Distribution Systems (GDS) during the fourth quarter of 2001 versus the same period last year. Several of the top ten European cities experienced growth in GDS hotel bookings in fourth quarter. On a worldwide basis, GDS hotel bookings were down 11.7% compared to the fourth quarter of 2000, due primarily to the events of September 11th. The results w...
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January 30, 2002
Hotel Online .Special Report Europes Hospitality Industry in 2001: France is Doing Better than its European Neighbours Despite the events of 11 September that penalised the entire hospitality industry, this year France posts a new record with a RevPAR that has grown by +1.6%. February 2002 Methodology: This survey was carried out using a sampling of 3,700 hotels that belong to corporate operated chains in Europe, representing 380,000 rooms. The data has been collected hotel by hotel, on a monthly basis. It has been organised according to the distribution by category of the supply of corporat...
EcoRooms & Green Suites Accommodations Open Doors to Property-Wide Programs / December 2001...
January 30, 2002
Hotel Online Special Report EcoRooms & Green Suites Accommodations Open Doors to Property-Wide Programs Green Suites International programs combine a bakers dozen of ecological solutions that provide economic benefit to hotel operators Upland, Calif. (Feb. 18, 2002) Ask not what you can do for the environment, but what it can do for you. Thats the philosophy of Ray Burger, Vice President Sales & Marketing of Green Suites International, hospitalitys leading provider of ecological solutions providing economic benefits. Dont take this wrong: Burger is big on environmental initiatives. He just knows firsthand...
1913 Eccles Building Transformed into Crowne Plaza Ogden-Eccles Center / Feb 2002...
January 30, 2002
Hotel Online Special Report 1913 Eccles Building Transformed into Crowne Plaza Ogden-Eccles Center ATLANTA (February 19, 2002) - The Crowne Plaza Ogden-Eccles Center (Salt Lake City) joins the upscale hotel portfolio of Six Continents Hotels following a complete transformation of the 1913 Eccles Building into a 137 - room hotel. One of ten Crowne Plaza hotels to open over the next six months, the hotel is the first Crowne Plaza in Utah, which opened just in time to host guests during the winter Olympics. The striking property incorporates Art Deco elements into an eclectic design utilizing rich fabric, metal, ...
Seattle Report / 2002 National Lodging Forecast / Ernst & Young LLP / Feb 2002...
January 30, 2002
Hotel Online Special Report Seattle Report 2002 National Lodging Forecast Ernst & Young LLP National Lodging Trends, Outlook & Segment Reports Local Market Reports Atlanta Baltimore Boston Chicago Dallas Denver Detroit Hawaii Houston Los Angeles Manhattan Miami Orlando Philadelphia Phoenix Puerto Rico San Antonio San Diego San Francisco Seattle Washington DC Atlanta Baltimore Boston Chicago Dallas Denver Detroit Hawaii Houston Los Angeles Manhattan Miami Orlando Philadelphia Phoenix Puerto Rico San Antonio San Diego San Francisco Seattle Washington DC In...
San Francisco Report / 2002 National Lodging Forecast / Ernst & Young LLP / Feb 2002...
January 30, 2002
Hotel Online Special Report San Francisco Report 2002 National Lodging Forecast Ernst & Young LLP National Lodging Trends, Outlook & Segment Reports Local Market Reports Atlanta Baltimore Boston Chicago Dallas Denver Detroit Hawaii Houston Los Angeles Manhattan Miami Orlando Philadelphia Phoenix Puerto Rico San Antonio San Diego San Francisco Seattle Washington DC Atlanta Baltimore Boston Chicago Dallas Denver Detroit Hawaii Houston Los Angeles Manhattan Miami Orlando Philadelphia Phoenix Puerto Rico San Antonio San Diego San Francisco Seattle Washington ...
