Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
Eric E. Pfeffer Elected President of the International Hotel & Restaurant Association for 2002; Previously Served as President in 1998 / December 2001
April 30, 2001
Hotel Online Special Report Eric E. Pfeffer Elected President of the International Hotel & Restaurant Association for 2002; Previously Served as President in 1998 Paris, 30 November 2002 - Eric E. Pfeffer, of CENDANT Corp., was elected President of the International Hotel & Restaurant Association (IH&RA) for 2002 at the Association's General Assembly, convened in London on 16 November 2001. Pfeffer previously served as IH&RA Vice-President in 1997 and IH&RA President in 1998. Pfeffer's name is well recognised around the world, having served as Chairman and CEO of the largest Hotel Franchise, CENDANT's, H...
Equity Inns Suspends Quarterly Dividend on Common Shares, Amends Terms of $125 Million Line of Credit Facility / December 2001...
April 30, 2001
Hotel Online Special Report Equity Inns Suspends Quarterly Dividend on Common Shares Amends Terms of $125 Million Line of Credit Facility GERMANTOWN, Tenn. - Dec. 5, 2001-- Equity Inns, Inc. (NYSE: ENN), a hotel real estate investment trust (REIT), today announced that its board of directors has suspended payment of a quarterly cash dividend on the company's common shares for the 2001 fourth quarter. Year to date, the company has paid a total of $0.75 per share in dividends to common shareholders, which is equivalent to an annualized dividend yield of approximately 10 percent, based on Tuesday's closing stock price...
Hotel Employees and Restaurant Employees Local 99 Declares Boycott of Duluth, MN Hotels / Dec 2001...
April 30, 2001
Hotel Online News for the Hospitality Executive Hotel Employees and Restaurant Employees Local 99 Declares Boycott of Duluth, MN Hotels By Craig Lincoln, Duluth News-Tribune, Minn. Knight Ridder/Tribune Business News Dec. 5--A local hotel union is using new tactics to try to organize employees at hotels in Duluth's Canal Park. The union will hold a rally and march Thursday to declare a boycott of the hotels. Leaders of the Hotel Employees and Restaurant Employees Local 99 said it will ask union members not to do business with Canal Park hotels until the hotels agree to an expedited form of union organizing. Most...
Macau Hopes to Transform Seedy Casino Business into Something Resembling Las Vegas; Stanley Ho, Macau's Casino Kingpin, Losing Monopoly / Decembe
April 30, 2001
Hotel Online News for the Hospitality Executive Macau Hopes to Transform Seedy Casino Business into Something Resembling Las Vegas; Stanley Ho, Macau's Casino Kingpin, Losing Monopoly By Angela Mackay, Sunday Business, London Knight Ridder/Tribune Business News Dec. 16--Hong Kong's legendary Stanley Ho is set to lose his 40-year monopoly over the world's richest casino franchise if several foreign competitors, including Aspinall's of the UK, have their way. Macau, the former Portuguese enclave close to Hong Kong which was returned to Beijing two years ago, is auctioning three casino licences in a move that has a...
Prudential Real Estate Investors Appoints Dow Hotel Company as Manager of the Radisson Inn Cleveland Airport / December 2001...
April 30, 2001
Hotel Online Special Report Prudential Real Estate Investors Appoints Dow Hotel Company as Manager of the Radisson Inn Cleveland Airport December 3, 2001 - The Dow Hotel Company is pleased to announce that they been selected as the new management group of the 140 Room Radisson Inn Cleveland Airport on behalf of the hotels ownership group, Prudential Real Estate Investors. DHC began managing the hotel effective December 1st, 2001. We are delighted to become involved with this quality asset. With the challenges abounding in our industry this year, we are continuing to be recognized as a quality managemen...
Zero-Entry Pools at Disney Resorts Improves Accessibility / Dec 2001...
April 30, 2001
Hotel Online News for the Hospitality Executive Zero-Entry Pools at Disney Resorts Improves Accessibility By Robert Johnson, The Orlando Sentinel, Fla. Knight Ridder/Tribune Business News Dec. 24--Disney World is building "zero-entry" pools that mimic beaches at a growing number of its resorts. More Walt Disney World swimming pools are being built or refurbished to resemble beaches or lakes. The concept, called "zero entry," is taking Walt Disney World resorts by storm this year. Not only has the recently opened Animal Kingdom Lodge's pool been built in the new style, there's also a new one at the posh Grand Floridian...
Delaware North Parks Services Environmental Management Program Earns Registration Under ISO 14001 / December 2001...
April 30, 2001
Hotel Online Special Report Delaware North Parks Services Environmental Management Program Earns Registration Under ISO 14001 December 4, 2001 - Hospitality management company Delaware North Parks Services (DNPS) has earned registration of its environmental management system, GreenPath, through the International Organization for Standardization (ISO). This registration-ISO 14001-demonstrates the company's commitment to the environment and its stewardship of the unique locations in which it operates. A Buffalo, N.Y.-based corporation that manages food service, lodging, retail, recreation and transportation operations i...
Michael A. DeNicola Named Executive Vice President and Chief Investment Officer for FelCor / December 2001...
April 30, 2001
Hotel Online Special Report Michael A. DeNicola Named Executive Vice President and Chief Investment Officer for FelCor IRVING, Texas...December 5, 2001 - FelCor Lodging Trust Incorporated (NYSE: FCH), one of the nation's largest hotel real estate investment trusts (REITs), today announced Michael A. DeNicola as Executive Vice President and Chief Investment Officer. Mr. DeNicola, 42, was most recently with Lend Lease Real Estate Investments, where he was Principal and Head of the Lodging and Leisure Group. In his role, Mr. DeNicola was responsible for managing a $1.1 billion hotel portfolio of 21 properties, ...
Gary A. DeLapp Named President and CEO and F. Joseph Rogers as CFO for Homestead Studio Suites Brand / December 2001...
April 30, 2001
Hotel Online Special Report Gary A. DeLapp Named President and CEO and F. Joseph Rogers as CFO for Homestead Studio Suites Brand Atlanta, Ga. DECEMBER 6, 2001 - BRE / Homestead Village L.L.C. recently announced the appointment of Gary A. DeLapp to President and Chief Executive Officer and F. Joseph Rogers as Chief Financial Officer. DeLapps promotion from Managing Director to President and CEO became effective with the acquisition of Homestead Studio Suites Hotels by an affiliate of The Blackstone Group on November 20. In his new role, DeLapp will be responsible for managing all aspects of the company...
Day Hospitality Group Opens13th Hotel, a SpringHill Suites by Marriott at the Mall of Georgia / December 2001...
April 30, 2001
Hotel Online Special Report Day Hospitality Group Opens13th Hotel, a SpringHill Suites by Marriott at the Mall of Georgia ATLANTA (December 17, 2001) Day Hospitality Group (DHG) celebrated the opening of its 13th hotel, a SpringHill Suites by Marriott on Georgia Highway 20, west of Interstate 85. Located directly across the street from the Mall of Georgia, the Gwinnett County regional mega-mall north of Atlanta, the hotel stands five stories tall and features 97 rooms and boardroom meeting space. The 90th hotel in fast-growing Gwinnett County, SpringHill Suites stands adjacent to the Hampton Inn,...
Crustacean, a Beverly Hills' Five-star Restaurant Fighting Discrimination Allegations; Something Went Very Wrong at the EEOC / December 2001...
April 30, 2001
Hotel Online Special Report Crustacean, a Beverly Hills' Five-star Restaurant, Fighting Discrimination Allegations; Something Went Very Wrong at the EEOC Beverly Hills, Tuesday, December 4, 2001 - Elizabeth An, chief executive officer of Crustacean, one of Beverly Hills most internationally famous five-star restaurants, said that she vigorously denies the allegations of two former disgruntled employees made to the Equal Employment Opportunity Commission (EEOC). Ms. An, and her Vietnamese family, who fled when Saigon fell to the Communists, immigrated to the United States, and started their restaurant busi...
Cape Advisors Inc. Spending $22 million On Painstaking Two-year Renovation of the 1878 Congress Hall Hotel in Cape May, N.J. / Dec 2001...
April 30, 2001
Hotel Online News for the Hospitality Executive Cape Advisors Inc. Spending $22 million On Painstaking Two-year Renovation of the 1878 Congress Hall Hotel in Cape May, N.J. By Jacqueline L. Urgo, The Philadelphia Inquirer Knight Ridder/Tribune Business News Dec. 10--CAPE MAY, N.J.--Like an elegant dowager, she had good bones. But her insides -- the ancient electrical wiring and pipes, cracked wooden joists, and crumbling foundations that propped up the Congress Hall hotel -- were another story. In more of a head-to-toe remake than a simple face-lift, owners are spending $22 million on the circa 1878 landmark while ...
Intrawest's Condominium Market Thrives at Squaw Valley Ski Resort / Dec 2001...
April 30, 2001
Hotel Online News for the Hospitality Executive Intrawest's Condominium Market Thrives at Squaw Valley Ski Resort By Clint Swett, The Sacramento Bee, Calif. Knight Ridder/Tribune Business News Dec. 12--With the economy in recession and Sept. 11 still casting a pall over the nation, this might not seem the ideal time to sell high-end vacation homes. But Intrawest Corp., developers of a slope-side condominium complex at the famed Squaw Valley ski resort, this week put 52 units on the market, priced from $300,000 to more than $1 million, banking that there's enough demand to sell them all by April. Tom Jacobson, vi...
Dr. Kaye Chon Awarded for Research and Education in Hospitality; Will Be First Recipient of the The University of Delaware Michael D. Olsen Research A
April 30, 2001
Hotel Online Special Report Dr. Kaye Chon Honored for Research and Education in Hospitality Will Be First Recipient of the The University of Delaware Michael D. Olsen Research Achievement Award December 7, 2001 - Dr. Kaye Chon, Chair Professor and Head of the School of Hotel and Tourism Management at the Hong Kong Polytechnic University has been selected as the first recipient of The University of Delaware Michael D. Olsen Research Achievement Award, which honors Dr. Olsen of Virginia Tech for his contribution to the body of hospitality knowledge and for his mentoring of graduate students at Virginia Tech. ...
With 39% of the Rooms Booked Electronically, Choice Hotels Canada Revitalizes Web Site / December 2001...
April 30, 2001
Hotel Online Special Report With 39% of the Rooms Booked Electronically, Choice Hotels Canada Revitalizes Web Site TORONTO, ON, December 4, 2001 - Welcome to Choice Hotels Canada's (Choice Canada) new online experience! Canada's largest hotel chain proudly announces the launch of its revitalized web site, choicehotels.ca. As the only mid-market lodging group to feature a Canadian web site, choicehotels.ca provides online visitors with a greater range of electronic booking services, as well as comprehensive hotel and corporate information. "With more travelers turning to the Internet to research and book thei...
Mark Hagopian and Charles Hajjar Convert an 1886 Residence in Boston's Back Bay into 33 Room Boutique, The Charlesmark Hotel / December 2001...
April 30, 2001
Hotel Online Special Report Mark Hagopian and Charles Hajjar Convert an 1886 Residence in Boston's Back Bay into 33 Room Boutique, The Charlesmark Hotel December 4, 2001 - The month of January heralds the opening of The Charlesmark Hotel, a charming European-style boutique hotel with state-of- the-art amenities, warm personal attention, and competitive rates for both business and leisure travelers. The two founders, Mark Hagopian and Charles Hajjar, identified a shortage of hotel accommodations of this type in Boston, and teamed up to create a hotel that is centrally located and luxurious, but more intimate than most ...
Historic Casa Monica Hotel Making New History in St. Augustine, Florida; Talented Management Team Usher in a New Era for Elegantly Restored Landmark /
April 30, 2001
Hotel Online Special Report Historic Casa Monica Hotel Making New History in St. Augustine, Florida; Talented Management Team Usher in a New Era for Elegantly Restored Landmark December 17, 2001 - Making history in a city whose heritage dates back to the 16th century is no easy task but Troy S. Bennett, the general manager of St. Augustines elegantly restored Casa Monica Hotel, is doing just that. Since he opened this 140-room, AAA four diamond-rated historic hotel in 1999, he has been instrumental in ushering in a new era of elegance and leadership in the hospitality industry in St. Augustine, a city t...
Dearth of Tourists Strikes Caribbean Like a Hurricane / Dec 2001...
April 30, 2001
Hotel Online News for the Hospitality Executive Dearth of Tourists Strikes Caribbean Like a Hurricane The Orlando Sentinel, Fla. Knight Ridder/Tribune Business News Nov. 30--PHILIPSBURG, St. Maarten -- The aftershocks of Sept. 11 are spreading far beyond this Caribbean tourism haven that Mafleur Fleurineaux has called home for 16 years. Poolside at the Great Bay Beach Hotel and Casino, her employer, is almost empty. Now working only five days a week instead of six, she is behind on her rent and can't send the usual $300 a month to her parents in Port-au-Prince, Haiti. Investors paralyzed by the fallout from the ...
French Resort Builder Pierre Schnebelen, Jack Nicklaus and Ritz Carlton Among Players in $3 billion Resort Project in the Dominican Republic / Dec 200
April 30, 2001
Hotel Online News for the Hospitality Executive French Resort Builder Pierre Schnebelen, Jack Nicklaus and Ritz Carlton Among Players in $3 billion Resort Project in the Dominican Republic By Cara Buckley, The Miami Herald Knight Ridder/Tribune Business News Dec. 23--Six weeks ago, a team of developers, architects and financial titans broke ground on a $3 billion, 30,000-acre resort on the Dominican Republic's east coast designed to lure high flying travelers to the middle brow destination, a goal others have reached for with mixed success. "This is the moment for the Dominican Republic," said Ricardo Hazoury, pre...
The Effect on Capitalization Rates and Discount Factors After September 11 / Canadian Lodging Outlook / Dec 2001...
April 30, 2001
Hotel Online Special Report The Effect on Capitalization Rates and Discount Factors After September 11 CANADIAN LODGING OUTLOOK October 2001 October 2001 Year-to-Date The Canadian Lodging Outlook is a joint monthly publication of Smith Travel Research and HVS International, Vancouver and Toronto, Canada By: Elizabeth D. MacDonald, MAI, AACI and Salim Gulamani - HVS International - Canada HVS International estimated hotel value declines after the September 11th attacks. This decline is estimated based on the Hotel Valuation Index, a measure of trends in hotel values for major markets. The HVI is developed t...
Callaway Gardens Renovating the Southern Pine Cottages / December 2001...
April 30, 2001
Hotel Online Special Report Callaway Gardens Renovating the Southern Pine Cottages Cottages offer nature-based accommodations PINE MOUNTAIN, Ga. (Dec. 5, 2001) The 155 two-bedroom Southern Pine Cottages at Callaway are undergoing a renovation designed to showcase the simple elegance of a casual country lifestyle. The Cottages will provide spacious accommodations for conference guests to The Southern Pine, a top-level meeting center opening Sept. 2002. "By refreshing our Southern Pine Cottages, we're improving the charm and comfort of these wonderful private retreats where our guests may enjoy ...
The Numbers are Phenomenal at Connecticut's Two Indian Casinos / Dec 2001...
April 30, 2001
Hotel Online News for the Hospitality Executive The Numbers are Phenomenal at Connecticut's Two Indian Casinos By Ann Baldelli, The Day, New London, Conn. Knight Ridder/Tribune Business News Dec. 15--The Mashantuckets and Mohegans got more than turkey for Thanksgiving, with gamblers at Connecticut's two American Indian casinos losing $120 million in November, boosting the two tribes' year over year slot machine win by 16.2 percent. The war on terrorism and uncertainty about the economy didn't deter players from feeding $1.4 billion into 12,653 slot machines at the two casinos and leaving $57 million of it at Mohega...
CSM Lodging Named as Marriott's Developer of the Year Two Years in a Row / December 2001...
April 30, 2001
Hotel Online Special Report CSM Lodging Named as Marriott's Developer of the Year Two Years in a Row December 21, 2001 - CSM Lodging has been named as Marriott's Developer of the Year in an unprecedented two years in a row. "The quality of CSM's buildings is exemplary as is the customer service provided by their hotels," says Daryl Nickel, Vice President of Marriott International. "They have contributed to the tremendous growth and increase in market presence and share of limited service Marriott hotels." Nickel's presented this prestigious award to CSM Lodging owner Gary Holmes, Friday, November 30th at the...
Caribbean Hotel Association Moves Forward to Steer Hospitality Industry Through Crisis / December 2001...
April 30, 2001
Hotel Online Special Report Caribbean Hotel Association Moves Forward to Steer Hospitality Industry Through Crisis SAN JUAN, Puerto Rico (November 29, 2001) -- The terrorist attacks in the United States on September 11th, 2001, have sent shockwaves around the globe. The uncertainty that followed continues to reverberate throughout the world, impacting every major industry and in particular, the travel and tourism industry. Further, the crash of the American Airlines flight from New York to the Dominican Republic on November 12th indicates that from now on safety and security will always be on the forefront of th...
