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November 4th, 2024
Middle East Hotel Markets Continue to Suffer; Travel and Tourism to the Region Plummet / December 2001
April 30, 2001
Hotel Online Special Report Middle East Hotel Markets Continue to Suffer; Travel and Tourism to the Region Plummet London - 5 December 2001 - Andersen, the professional services firm and premier provider of hotel performance data to the industry outside North America, have today released analysis of October results from the Middle East and Africa edition of the Andersen Hotel Industry Benchmark Survey. Hoteliers around the world continue to reel from the post-September 11 slump in room bookings, those in the Middle East and Africa have not been spared, with revPAR in US dollars declining in all but one market tra...
Miami Area Hotel Occupancy Rising Some, But Generated In Part By Cutting Rates / Dec 2001
April 30, 2001
Hotel Online News for the Hospitality Executive Miami Area Hotel Occupancy Rising Some, But Generated In Part By Cutting Rates The Miami Herald Knight Ridder/Tribune Business News Dec. 12--South Florida's hotel occupancy levels inched past the state and national averages in early December, but economic development officials say that's no cause for unbridled optimism. On the eve of the tourism high season, room rates and occupancy levels are still well below a year ago. Meanwhile, other industries, such as international trade, which have traditionally taken some of the sting out of tourism downturns, are entering p...
Popcorn Puffs Up Dent in Marcus Corp. Quarterly Earnings / Dec 2001
April 30, 2001
Hotel Online News for the Hospitality Executive Popcorn Puffs Up Dent in Marcus Corp. Quarterly Earnings By Rick Romell, Milwaukee Journal Sentinel Knight Ridder/Tribune Business News Dec. 21--Marcus Corp. Thursday reported a big hit on quarterly earnings -- not surprising for a hotel company in the post-Sept. 11 environment -- but the blow was partly cushioned as Marcus, figuratively speaking, landed on a soft bed of very profitable popcorn. As Marcus executives like to point out, it was a quarter in which the firm's diversity served it well. While combined operating income in Marcus' two lodging divisions dropp...
Convention Bureau Chief Angers Local Leaders, Prompts Most Board of Directors to Quit Before Being Fired / Dec 2001
April 30, 2001
Hotel Online News for the Hospitality Executive Convention Bureau Chief Angers Local Leaders, Prompts Most Board of Directors to Quit Before Being Fired By David van den Berg, Belleville News-Democrat, Ill. Knight Ridder/Tribune Business News Dec. 4--After angering local leaders, prompting most of his board to quit and costing the Southwestern Illinois Tourism and Convention Bureau much of its state money, Mark Westhoff lost his job as the bureau's chief Monday. But his departure does not mean the bureau will automatically get all of its state funding back, according to a spokesman for the Illinois Department of...
Vail Resorts Reports Wider Loss for 1st Qtr; Aggressive Cost Reductions and a Myriad of Marketing Initiatives Ongoing / December 2001
April 30, 2001
Hotel Online Special Report Vail Resorts Reports Wider Loss for 1st Qtr; Aggressive Cost Reductions and a Myriad of Marketing Initiatives Ongoing December 12, 2001 - Resort Revenue for the quarter, which excludes revenue from real estate and technology operations, decreased 5.4% to $57.4 million from $60.7 million in the comparable period of fiscal 2001. Total Revenue for the quarter, which includes revenue from real estate and technology operations, grew 5.5% to $74.3 million versus $70.4 million in the fiscal first quarter last year. For the first quarter of fiscal 2002, the Company reported ...
Melanie Spangler Joins iHotelier Team; Former Wyndham Hotels Analyst to Head Up GDS Services / Dec 2001
April 30, 2001
Hotel Online Special Report Melanie Spangler Joins iHotelier Team; Former Wyndham Hotels Analyst to Head Up GDS Services HOUSTON, Texas (December 4, 2001) iHotelier, a division of Webvertising, Inc., enthusiastically announces the addition of Ms. Melanie Spangler of Wyndham Hotels and Resorts to head up their Global Distribution System (GDS) Services Department. Ms. Spangler will officially join the iHotelier team as Director of GDS Services on January 3, 2002. Ms. Spangler has almost eight years of GDS experience with her last three deeply involved with the GDS operations of the Wyndham Database Group for Caribbe...
Mandalay Resort Group Sues Firm for Canceling September 18th Convention; Does Not Accept the View the Conference Canceled Because of Attacks / Dec 200
April 30, 2001
Hotel Online News for the Hospitality Executive Mandalay Resort Group Sues Firm for Canceling September 18th Convention; Does Not Accept the View the Conference Canceled Because of Attacks By Danielle Herubin, The Orange County Register, Calif. Knight Ridder/Tribune Business News Dec. 4, 2001 - An Irvine-based travel company is being sued by a large Las Vegas resort for canceling a convention following the Sept. 11 terrorist attacks. The Mandalay Resort Group charged Irvine-based Conference and Travel Management Inc. acted in "bad faith" when it called off a Sept. 18 gathering it had organized. "(The company) se...
ike Goodson Named Senior Vice President, Finance at Six Continents Hotels / December 2001
April 30, 2001
Hotel Online Special Report Mike Goodson Named Senior Vice President, Finance at Six Continents Hotels December 3, 2001 - Six Continents Hotels, one of the world's leading hotel companies, announced today that Mike Goodson has been named senior vice president, finance, for the Americas. In this role, Goodson will be based in Atlanta and will have responsibility for the management of financial operations for all Six Continents Hotels financial services, management and financial reporting, hotel accounting, and financial planning and analysis for North America and Latin America. "We are delighted to welcome Mike...
Steve Wynn's Planned 2,455-room, 42-story Le Reve Megaresort Planning March 2002 Construction Start / Dec 2001
April 30, 2001
Hotel Online News for the Hospitality Executive Steve Wynn's Planned 2,455-room, 42-story Le Reve Megaresort Planning March 2002 Construction Start By Jeff Simpson, Las Vegas Review-Journal Knight Ridder/Tribune Business News Dec. 25--Construction of Steve Wynn's Le Reve megaresort is now expected to get under way by March, with a planned December start delayed by excavations on the Desert Inn site, Wynn's brother said. Steve Wynn said in October that he anticipated beginning construction on his water-themed Le Reve project by the end of December. Kenny Wynn, director of Wynn Development & Design, said recently ...
Greater Fort Lauderdale Has 13 Hotels with Approximately 4,200 rooms Under Construction / December 2001
April 30, 2001
Hotel Online Special Report Greater Fort Lauderdale Has 13 Hotels with Approximately 4,200 rooms Under Construction GREATER FORT LAUDERDALE, FL - December 13, 2001 - Greater Fort Lauderdale offers more than 30,000 guest accommodations in 600 properties. The following is a summary of the latest construction developments in lodging facilities in Greater Fort Lauderdale (13 new hotels with approximately 4,200 rooms): Luxury Resorts International is developing The Atlantic, a five-star 123-suite hotel and condominium to be managed by Starwood Hotels & Resorts Luxury Collection on Fort Lauderdale Beach Boule...
State Street Bank Forecloses on Ramada Inn Brunswick Conference Center in Lancaster, PA; Appoints Hostmark as Manager / Dec 2001
April 30, 2001
Hotel Online News for the Hospitality Executive State Street Bank Forecloses on Ramada Inn Brunswick Conference Center in Lancaster, PA; Appoints Hostmark as Manager Lancaster New Era, Pa. Knight Ridder/Tribune Business News Dec. 14--A Boston bank has filed a lawsuit in Lancaster County Court to take over ownership of the downtown Ramada Inn Brunswick Conference Center because the hotel's owner has fallen behind on debt payments. Attorneys for State Street Bank and Trust Co. claim L.A. Brunswick Associates LP, the Ramada Inn's owner, owes the bank almost $5.2 million. The bank is moving in court to foreclose on the ...
Lodgian Files for Chapter 11 Protection; Owns 106 Hotels in the United States and Canada / Dec 2001
April 30, 2001
Hotel Online News for the Hospitality Executive Lodgian Files for Chapter 11 Protection; Owns 106 Hotels in the United States and Canada By Shelia M. Poole, The Atlanta Journal-Constitution Knight Ridder/Tribune Business News Dec. 21--Lodgian, one of the nation's largest independent hotel owners, filed for Chapter 11 protection under the U.S. bankruptcy code on Thursday. Lodgian owns and operates 106 hotels in the United States and Canada. The hotels operate under the Marriott, Holiday Inn, Hampton Inn and Radisson brands. The Atlanta-based company listed assets of $1.07 billion and liabilities of $968.7 million, a...
Laurence Geller's Provocative Outlook on the Hotel Industry – Strategic Hotel Capital CEO's Speech at New York University's Eight
April 30, 2001
Hotel Online Special Report Laurence Geller's Provocative Outlook on the Hotel Industry Strategic Hotel Capital CEO's Speech at New York University's Eighth Annual Stephen W. Brener Distinguished Lecturer Series October 25, 2001 TWAS THE BEST OF TIMES, TWAS THE WORST OF TIMES So starts Charles Dickenss A Tale of Two Cities. I want share my personal views about where we are and where were going to be in the next few years. Im not going to give you statistics, Im not going to talk about percentage RevPar declines, Im not going to say what the absolute dollar RevPar will be in upper upscale s...
Lodging Executives Future Expectations Out of Sight; Current Sentiment Inches Upward / Dec 2001
April 30, 2001
Hotel Online Special Report Lodging Executives Future Expectations Out of Sight; Current Sentiment Inches Upward Durham, N.H., Nov. 30, 2001 The composite Lodging Executives Sentiment Index (LEsI) reads 54.7 for the month of November v ery slight growth/expansion. This months index, like last months, is greatly affected by the future expectations index reading 100.0 since current expectations are at 9.4up from the 3.1 reading last month. 19% of the executives responding indicated that business is normal, and 81% indicated that business was bad. A LEsI reading of 50+ marks the lodging industry as genera...
Pan Pacific Hotel Kuala Lumpur Renovates and Opens Pacific Lounge 24 Hours a Day / December 2001
April 30, 2001
Hotel Online Special Report Pan Pacific Hotel Kuala Lumpur Renovates and Opens Pacific Lounge 24 Hours a Day 10 Dec 2001 - The Pan Pacific Hotel Kuala Lumpur is proud to announce its latest edition to the hotel, the Pacific Lounge. The renovation works to convert one of the hotel's suites into the Lounge started in June this year. This exercise, amounting to nearly RM1.3 million, has been completed and will be officially launched on November 1, 2001. The lounge will be exclusively for guests staying at the Pacific Floor, which are rooms located at level 28 to level 30. Guests will have access to the Pacific Loun...
Firmdale Hotels in the Forefront of London's boutique Hotel Boom / Dec 2001
April 30, 2001
Hotel Online News for the Hospitality Executive Firmdale Hotels in the Forefront of London's "Boutique" Hotel Boom By Christine Temin, The Boston Globe Knight Ridder/Tribune Business News Dec. 16--LONDON--In every hotel bedroom that Kit Kemp has designed -- and there are hundreds by now -- there is a female mannequin upholstered in one of the fabrics repeated elsewhere in the room. The whimsical touch is Kemp's signature. One night, one of these headless ladies became a sartorial scarecrow. "A guest hung her coat on it, woke up in the middle of the night, and scared herself silly thinking there was a ghost or a pr...
Woodbine Development Corporation's $180-million Westin Kierland Resort & Spa Set to Open in January 2003 / December 2001
April 30, 2001
Hotel Online Special Report Woodbine Development Corporation's $180-million Westin Kierland Resort & Spa Set to Open in January 2003 PHOENIX - December 5, 2001 - The Westin Kierland Resort & Spa placed a one-piece roof - that spans the size of a tennis court - atop its 120-foot tower as part of a commemorative topping off ceremony at 9 a.m. today. This unique roof placement marks the structural completion of the building, a significant milestone in the resorts construction process. Construction of The Westin Kierland Resort & Spa launched in December 2000 within the 262-acre development near Scottsdale Road a...
The 750-room Westin Kierland Resort and The 950-room Desert Ridge Marriott Resort Both Slated to Open in About a Year / Dec 2001
April 30, 2001
Hotel Online News for the Hospitality Executive The 750-room Westin Kierland Resort and the 950-room Desert Ridge Marriott Resort Both Slated to Open in About a Year By Donna Hogan, The Tribune, Mesa, Ariz. Knight Ridder/Tribune Business News Dec. 5--Unexpected rain showers on Tuesday kept the $180 million Westin Kierland Resort & Spa at the Scottsdale-Phoenix border from hoisting a tennis court-sized chunk of its roof into place atop the massive steel skeleton. The symbolic "topping off" ceremony, rescheduled for today, marks a major milestone for the 750-room luxury hotel, one of two slated to open in just abo...
Karyn Marasco, Former Lodgian COO, Appointed Regional Managing Director, Americas & Caribbean for Le Meridien Hotel Group / December 2001
April 30, 2001
Hotel Online Special Report Karyn Marasco, Former Lodgian COO, Appointed Regional Managing Director, Americas & Caribbean for Le Meridien Hotel Group December 3, 2001 - Le Meridien Hotel Group has appointed Karyn Marasco Regional Managing Director, Americas & Caribbean, according to Richard Mahoney, Chief Operating Officer. Marasco will supervise and oversee the operations of Le Meridien's owned and managed hotels in the United States, Canada, the Caribbean, and Latin America. She will be based at the company's New York regional office. Since 1997, Marasco has served as Executive Vice President and Chief...
Kansas City Area Casino's Take Increases 12.8% from November 2000; Well Ahead of Traditional Destination Such as Atlantic City, Up 2% for the Mon
April 30, 2001
Hotel Online News for the Hospitality Executive Kansas City Area Casino's Take Increases 12.8% from November 2000; Well Ahead of Traditional Destination Such as Atlantic City, Up 2% for the Month By Rick Alm, The Kansas City Star, Mo. Knight Ridder/Tribune Business News Dec. 12--Despite war, recession, unemployment lines and Christmas shopping bills, Kansas City gamblers lost $48 million at the riverboats during November, the casinos' seventh-richest month on record. The latest financial report from the Missouri Gaming Commission said the area boats' take increased 12.8 percent from November 2000 and was well ahead o...
Jacques Villeneuve Appointed General Manager for The Pan Pacific San Francisco / December 2001
April 30, 2001
Hotel Online Special Report Jacques Villeneuve Appointed General Manager for The Pan Pacific San Francisco San Francisco, CA --- December 17, 2001 - Pan Pacific Hotels and Resorts has appointed Jacques Villeneuve as the new General Manager for The Pan Pacific San Francisco, according to President Ichigo Umehara. Villeneuve succeeds Volker Ulrich who has been General Manager for the last eight years. Ulrich is retiring after a successful career in the hospitality industry and looks forward to building a home on Maui with his wife Valerie. Prior to his appointment as General Manager of The Pan Paci...
John Groom Named President of Caesars Palace; Role as Interim President Ends Today / December 2001
April 30, 2001
Hotel Online Special Report John Groom Named President of Caesars Palace; Role as Interim President Ends Today LAS VEGAS - Dec. 12, 2001-- Caesars veteran and gaming industry leader John Groom has been named president of Caesars Palace. The announcement was made by Wallace R. Barr, chief operating officer of Park Place Entertainment Corporation (NYSE:PPE), parent company of the famed resort. Groom, 56, has served as Caesars Palace's interim president since September 5. He takes the helm as permanent president effective today. "During our executive search for the right individual to lead Caesars P...
Infinium enables the world's largest hotels, resorts, and casinos to optimize their workforce, streamline business / December 2001
April 30, 2001
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Gentner Family Selling Portland's Imperial Hotel; New Owners to Renovate the 128 room Hotel to Modern Boutique Named Hotel Lucia / Dec 2001
April 30, 2001
Hotel Online News for the Hospitality Executive Gentner Family Selling Portland's Imperial Hotel; New Owners to Renovate the 128 room Hotel to Modern Boutique Named Hotel Lucia By Boaz Herzog, The Oregonian, Portland, Ore. Knight Ridder/Tribune Business News Dec. 7--Downtown Portland's Imperial Hotel will close Monday and reopen in May reborn as a more modern looking boutique named Hotel Lucia, its new Portland-based owners said Thursday. Terms of the sale, which is expected to close early next month, were not disclosed. Multnomah County records place the market value of the hotel at $6.11 million. The Aspen...
