Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
Vancouver Based Larco Investments Ltd Wins Bid for 541-room Regent Las Vegas; $80 million Sale Price Is Less than Half Appraised Value / Sept 2001
March 30, 2001
Hotel Online News for the Hospitality Executive Vancouver Based Larco Investments Ltd Wins Bid for 541-room Regent Las Vegas - $80 million Sale Price Is Less than Half Appraised Value By Jeff Simpson, Las Vegas Review-Journal Knight Ridder/Tribune Business News Sep. 26--A federal bankruptcy court judge on Tuesday ordered the $80 million sale of the troubled Regent Las Vegas to a Canadian investment firm. Judge Clive Jones made the order after the other leading bidder for the property withdrew its $85 million offer. Jones also decided that three other offers for the 54 1/2-acre property weren't qualified bids. ...
Hilton Musters Significant Relief Efforts in NYC / Sept 2001
March 30, 2001
Hotel Online Special Report Hilton Musters Significant Relief Efforts in NYC BEVERLY HILLS, Calif - Sept. 27, 2001--Hilton Hotels Corp. today announced that it has completed a companywide fundraising campaign benefiting The American Red Cross Disaster Relief Fund. Employees from Hilton's nearly 2,000 hotels nationwide, together with Hilton Hotels Corp. and the Conrad N. Hilton Foundation contributed a total of more than $1,000,000.00 to the fund. Of that total, more than $400,000 was donated by individual team members. "Our thoughts continue to be with those who have been affected by...
Designed by WATG, The Hilton Mauritius Resort & Spa Opens / Sept 2001
March 30, 2001
Hotel Online Special Report Designed by WATG, The Hilton Mauritius Resort & Spa Opens NEWPORT BEACH, Calif, September 2001- A spectacular fireworks show and Olympic themed cocktail party launched the opening of a new, world-class resort and spa situated on the west coast of Mauritius. Designed by Wimberly Allison Tong & Goo (WATG) to integrate with its beachfront and wilderness environment, the 193-room resort lies on the edge of a tranquil lagoon on the western shores of the Indian Ocean. Jeremy Heyes, WATG project architect, describes the challenges inherent in working in this part of the world...
Sunterra Corporation Sells the 59-room Harbour Lights Resort in San Diego, California, to American Property Management for Approximately $8.65 millio
March 30, 2001
Hotel Online Special Report Sunterra Corporation Sells the 59-room Harbour Lights Resort in San Diego, California, to American Property Management for Approximately $8.65 million Los Angeles, CA September 5, 2001 Sunterra Corporation has sold the 59-room Harbour Lights Resort in San Diego, California, to American Property Management in a transaction valued at approximately $8.65 million. The Harbour Lights Resort opened in 2000 and is located in Downtown San Diegos historic Gas Lamp Quarter, capturing a significant share of the areas leisure demand while still appealing to convention a...
The World's Largest Hotel Database For Travel Professionals! / Sept 2001
March 30, 2001
Hotel Online Special Report The World's Largest Hotel Database For Travel Professionals! SECAUCUS, N.J. (September 18, 2001) --Hotel & Travel Index, the travel professional's leading hotel directory, just re-launched its website, Hotel & Travel Index online @ (http://www.htihotelink.com), a b2b website for travel professionals. The new Hotel & Travel Index online, is quick and easy to navigate through, and contains detailed information on over 78,000 hotels! The new site also includes property photos, Weissmann Mini- Reports, restaurant listings, currency conversion, weather, enhanced search options, s...
HSMAI and NYU Schedule a Solution-oriented Forum in New York City on Oct. 17, 2001; Industry in Crisis – Interactive Strategy Conference / Sept
March 30, 2001
Hotel Online Special Report HSMAI and NYU Schedule a Solution-oriented Forum in New York City on Oct. 17, 2001; - Industry in Crisis Interactive Strategy Conference WASHINGTON, D.C. (Sept. 27, 2001) The Hospitality Sales & Marketing Association International (HSMAI) and New York University are collaborating to spearhead an Industry in Crisis Interactive Strategy Conference, a special HSMAI Executive THINK session designed to produce immediate solutions to the problems and issues facing the hospitality, travel and tourism industry as a result of the recent terrorist attacks. To be held on Wednesday...
HSMAI's Affordable Meetings®, Distinguishes Itself As an Essential and Informative Forum / Sept 2001
March 30, 2001
Hotel Online Special Report HSMAI's Affordable Meetings®, Distinguishes Itself As an Essential and Informative Forum WASHINGTON, DC (Sept. 26, 2001) HSMAIs Affordable Meetings® is not just a trade show bringing together industry salespeople and meeting planners some hotels and meeting planners negotiated and signed business on the trade show floor, indicating the strong need for opportunities such as this in which industry executives are brought together to network. This comes at a time when the economy has forced many companies to take a closer look at both short-term and long-term...
With Occupancy Declining and RevPar Plummeting, HSMAI Asks GM's 'Are You Doing All You Can to Compete in Troubled Times?' / Sept 2001
March 30, 2001
Hotel Online Special Report With Occupancy Declining and RevPar Plummeting, HSMAI Asks GM's Are You Doing All You Can to Compete in Troubled Times? Practical and Strategic Solutions Will Help Address These Troubling Times; First Forum Slated for Sept. 10-11 WASHINGTON, DC (Aug. 30, 2001) In these times of great economic uncertainty, with occupancy declining and RevPar plummeting, the Hospitality Sales & Marketing Association International (HSMAI) asks Are you doing all you can to compete in troubled times? To address this critical concern, and identify solutions to the most u...
Hilton Postpones Two Previously Announced Vacation-ownership Properties in Las Vegas and Orlando; All Maintenance Capital Spending Continues / Sept 2
March 30, 2001
Hotel Online Special Report Hilton Postpones Construction of Vacation-ownership Properties in Las Vegas and Orlando; All Maintenance Capital Spending Continues BEVERLY HILLS, Calif. - Sept. 24, 2001-- As part of its ongoing commitment to "managing for recovery,'' Hilton Hotels Corp. (NYSE:HLT) today described its capital expenditure plans for 2002. The company's maintenance capital spending at its owned hotels will proceed as planned. Maintenance capital expenditures, required to keep hotels in optimal physical condition, plus technology spending will total approximately $170 million in 2002. Si...
Hospitality Financial and Technology Professionals Will Proceed with Annual Convention & Tradeshow October 17-20, 2001, Phoenix, Ariz. / Sept 2001
March 30, 2001
Hotel Online Special Report Hospitality Financial and Technology Professionals Will Proceed with Annual Convention & Tradeshow October 17-20, 2001, Phoenix, Ariz. AUSTIN, TX September 17, 2001 Hospitality Financial and Technology Professionals (HFTP) announced this morning that they will proceed as scheduled with their Annual Convention & Tradeshow slated for Phoenix, Ariz., October 17-20, 2001. Our association has a duty to our members, our industry, the country of our headquarters and the world to get back to business, Executive Vice President and CEO Frank Wolfe said. Many of our members use o...
Wendy K. Zurstadt, Controller at the Hartford Golf Club in Hartford, Conn., Chairs the 2002 HITEC Advisory Council / Sept 2001
March 30, 2001
Hotel Online Special Report Wendy K. Zurstadt, Controller at the Hartford Golf Club in Hartford, Conn., Chairs the 2002 HITEC Advisory Council AUSTIN, TX September 4, 2001 Hospitality Financial and Technology Professionals (HFTP) recently announced the 2002 Hospitality Industry Technology Exposition and Conference (HITEC) Advisory Council. The 2002 HITEC Advisory Council Chairman is Wendy K. Zurstadt, CPA, CHAE, CHTP. Zurstadt is the controller at the Hartford Golf Club in Hartford, Conn. "This panel of industry leaders is instrumental in the development of the educational programs at HITEC...
Harrah's Entertainment Reports Gaming Revenues and Hotel Occupancy Levels Have Rebounded to Near Normal/ Sept 2001
March 30, 2001
Hotel Online Special Report Harrah's Entertainment Reports Gaming Revenues and Hotel Occupancy Levels Have Rebounded to Near-normal LAS VEGAS - Sept. 25, 2001 -- "The September 11 terrorist attacks on the United States had a profound impact on the nation and left us all grieving for the victims and families who suffered devastating losses in this tragedy,'' Phil Satre, Chairman and Chief Executive Officer of Harrah's Entertainment, Inc. (NYSE:HET - news), said today. "Like many other casino companies, Harrah's Entertainment posted declines in gaming revenues and hotel occupancy in the week following the at...
Wendy K. Zurstadt, Controller at the Hartford Golf Club in Hartford, Conn., Chairs the 2002 HITEC Advisory Council / Sept 2001
March 30, 2001
Hotel Online Special Report Wendy K. Zurstadt, Controller at the Hartford Golf Club in Hartford, Conn., Chairs the 2002 HITEC Advisory Council AUSTIN, TX September 4, 2001 Hospitality Financial and Technology Professionals (HFTP) recently announced the 2002 Hospitality Industry Technology Exposition and Conference (HITEC) Advisory Council. The 2002 HITEC Advisory Council Chairman is Wendy K. Zurstadt, CPA, CHAE, CHTP. Zurstadt is the controller at the Hartford Golf Club in Hartford, Conn. "This panel of industry leaders is instrumental in the development of the educational programs at HITEC...
Nevadan At Work Column – Joe Fuscaldo, SVP and Regional Manager for Boyd Gaming Corp.'s Boulder Strip Division / Sept 2001
March 30, 2001
Hotel Online News for the Hospitality Executive Nevadan At Work Column - Joe Fuscaldo, SVP and Regional Manager for Boyd Gaming Corp.'s Boulder Strip Division By Dave Berns, Las Vegas Review-Journal Knight Ridder/Tribune Business News Sep. 2--Sam's Town boss Joe Fuscaldo knows competition is everywhere. He oversees the daily operations of the Boulder Highway hotel-casino that competes with the offerings of Station Casinos, Coast Resorts, video poker bars, restaurants, grocery stores and any other setting that offers the mechanized games of chance. There's also a re-energized entry in the battle for local dollar...
Tourism Knocked Down, But Not Out / Sept 2001
March 30, 2001
Hotel Online Special Report Tourism Knocked Down, But Not Out Madrid, 17 September, 2001 - The terrorist attacks on New York and Washington last week dealt a terrible blow to the tourism industry, but officials of the World Tourism Organization are predicting that the industry will demonstrate its characteristic resilience with a quick recovery. WTO Secretary-General Francesco Frangialli sent a message of sympathy and solidarity to the United States following the attacks, then flew to a meeting of tourism ministers from 11 CIS nations in Bishkek, Kyrgyzstan, where a declaration strongly condemning terrorism was ad...
Faust Golfreisen Names Radisson SAS Resort Schloss Fleesensee Germany's Best Luxury Hotel for Golfers / Sept 2001
March 30, 2001
Hotel Online Special Report Faust Golfreisen Names Radisson SAS Resort Schloss Fleesensee Germany's Best Luxury Hotel for Golfers Brussels, August 2001 The Radisson SAS Resort Schloss Fleesensee is Germany's best luxury hotel for Golfers according to "Faust Golfreisen", Germany's leading travel agency specialised in luxury golf trips. The evaluation was carried out by Faust's golf specialists throughout the country. Radisson SAS scored highest on all criteria, including overall hotel category, level of service, facilities, quality of food & beverage, quality ...
An Economic Generation & Recovery Task Force Convenes in Florida to Address the Tourism Crisis / Sept 2001
March 30, 2001
Hotel Online News for the Hospitality Executive An Economic Generation & Recovery Task Force Convenes in Florida to Address the Tourism Crisis By David Cazares, South Florida Sun-Sentinel Knight Ridder/Tribune Business News Sep. 27--MIAMI -- The terrorism attacks on New York and Washington and the resulting paralysis of the nation's airline system have dramatically slowed a South Florida economy dependent on tourism, and government and business leaders are scrambling to respond. On Wednesday, the Greater Miami Chamber of Commerce convened an Economic Generation & Recovery Task Force to address the tourism crisis, whic...
Fred Filippi, CTC, Named President and Chief Executive Officer at Creative Leisure International / Sept 2001
March 30, 2001
Hotel Online Special Report Fred Filippi, CTC, Named President and CEO at Creative Leisure International Sonoma County, CA (September 25, 2001) Creative Leisure International, a pioneer in customized vacations at privately - owned villas and resorts around the world, announced today the appointment of Fred Filippi, CTC, to President and Chief Executive Officer, effective immediately. He takes over the duties of Peter Henze, President & CEO since 1972. Henze will continue actively as Chairman and owner of the private company. Henze said Filippis appointment takes place at a time when Creative Leisure,...
Posadas Hotel Group Opens First Luxury Hotel in More than 10 Years in Mexico City, the Fiesta Americana Grand Chapultepec / Sept 2001
March 30, 2001
Hotel Online Special Report Posadas Hotel Group Opens First Luxury Hotel in More than 10 Years in Mexico City, the Fiesta Americana Grand Chapultepec MEXICO CITY, D.F. September 6, 2001 Fiesta Americana Grand, the luxury brand of the Posadas Hotel Group, launches its first property in an urban setting with the opening of the 203-room Fiesta Americana Grand Chapultepec. The 19-story luxury hotel boasts soaring views of Chapultepec Park and treats upscale business travelers to finely appointed art deco surroundings accented by indigenous Mexican art. The first luxury hotel to open in Mexico C...
Florida State University Department of Hospitality Administration Dedicated as Dedman School of Hospitality Following $7 million Gift from the Robert
March 30, 2001
Hotel Online Special Report Florida State University Department of Hospitality Administration Dedicated as Dedman School of Hospitality Following $7 million Gift from the Robert and Nancy Dedman Foundation TALLAHASSEE, Fla.- September 2001 - Because of a $7 million gift from the Robert and Nancy Dedman Foundation, the FSU department of hospitality administration, which is one of the nation's oldest hospitality management programs, has graduated into being a school. The 54 year old department officially became the Dedman School of Hospitality at the final Florida Board of Regents meeting this past June...
March 30, 2001
Hotel Online Special Report Dont Miss the Foodservice Technology Show of the Year! FS/TEC 2001 - FS/TEC is six years old and we are very proud to announce that this years exposition looks to be our best! Within a few short years, FS/TEC has grown to be not only an outstanding educational conference, but also an exposition that is known for its spotlight on cutting-edge technologies that benefit the entire foodservice and hospitality industry. This year, the Dallas Convention Center in Dallas, Texas will house the Sixth Annual International Foodservice Technology Exposition, FS/TEC 2001 from October 21...
South Florida Hotels Reporting 30% Occupancy; Major Conventions Scheduled for Early October Still Coming / Sept 2001
March 30, 2001
Hotel Online News for the Hospitality Executive South Florida Hotels Reporting 30% Occupancy; Major Conventions Scheduled for Early October Still Coming By Cara Buckley, The Miami Herald Knight Ridder/Tribune Business News Sep. 20--South Florida is losing at least $22 million a day in hotel, restaurants and retail receipts. Hotel occupancy levels have been sliced in half, in some cases upwards of 70 percent. Scores of hotel employees are receiving pink slips. "There have been layoffs and cutbacks in hours," said Lisa Cole, spokeswoman for the Fontainebleau Hilton in Miami Beach, where an undisclosed number of ...
Financing Associated with the FelCor – MeriStar Merger Has Been Obtained or Committed / Sept 2001
March 30, 2001
Hotel Online Special Report Financing Associated with the FelCor - MeriStar Merger Has Been Obtained or Committed IRVING, Texas...September 4, 2001 - FelCor Lodging Trust Incorporated (NYSE: FCH), the nation's second largest hotel real estate investment trust (REIT), today announced that it received a minimum commitment of $325 million for a non-recourse first mortgage loan and related mezzanine financing. Morgan Guaranty Trust Company of New York and Deutsche Bank are providing the first mortgage loan, and Deutsche Banc Alex.Brown is arranging the mezzanine financing. The $325 million financing is being put...
European Hotel Industry Braces for Downturn / Sept 2001
March 30, 2001
Hotel Online News for the Hospitality Executive European Hotel Industry Braces for Downturn By Matthew Goodman, Sunday Business, London Knight Ridder/Tribune Business News Sep. 16--The European hotel industry is braced for a downturn in business in the aftermath of the terrorist attacks in New York and Washington. But calculating the extent of a drop-off in business is a tough call for industry executives, who say any forecasts will depend on the retaliatory steps taken by the United States. Leading hotel companies expect a decline in the number of travellers, but suggest comparisons with the 1991 Gulf war, which ...
