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November 4th, 2024
Isle of Capri Casino & Hotel in Tunica Yet to Turn Profit After Two Years of Operations / August 2001
March 30, 2001
Hotel Online News for the Hospitality Executive Isle of Capri Casino & Hotel in Tunica Yet to Turn Profit After Two Years of Operations By David Flaum, The Commercial Appeal, Memphis, Tenn. Knight Ridder/Tribune Business News Aug. 28--Isle of Capri Casino & Hotel in Tunica County has yet to turn its first dime of profit although it has been open two years. But, executives believe they can get the smallest of the 10 Robinsonville, Miss., properties to the break-even point in terms of cash operations within the next year. Analysts who follow the company believe that is possible. "We're not going to close it -- ...
Marriott Vacation Club International Developing its First Resort in Arizona, 252 Villas Proposed at Desert Ridge / Aug 2001
March 30, 2001
Hotel Online Special Report Marriott Vacation Club International Developing its First Resort in Arizona, 252 Villas Proposed at Desert Ridge ORLANDO, Fla., - August 23, 2001 - Marriott Vacation Club International (MVCI), the Vacation Ownership division of Marriott International Inc. (NYSE:MAR), announced today the development of its first resort in Arizona, Marriotts Canyon Villas at Desert Ridge. MVCI will begin construction Spring 2002 on the 252-villa (proposed) Vacation Ownership resort located in Phoenix, Ariz. Targeted to open in July 2003, the 22-acre resort is adjacent to an 18-hole Nick Fald...
Park Place Opens 503-room, $62 million, Hotel at Caesars Indiana / Aug 2001
March 30, 2001
Hotel Online Special Report Park Place Opens 503-room, $62 million Hotel at Caesars Indiana BRIDGEPORT, Ind.-- Aug. 29, 2001-- Park Place Entertainment Corporation (NYSE: PPE) today announced the opening of a new 503-room hotel and adjoining 3,000-space parking structure at Caesars Indiana. Located in southern Indiana, across the Ohio River from Louisville, Ky., the new hotel and parking facility were constructed at a total cost of approximately $80 million ($62 million hotel, $18 million parking structure). The 10-story hotel, which opened on Monday, Aug. 27, features 19 suites, a cafe and lobby bar, exercis...
Pacifica Hotel Company Names Craig Stevenson Chief Executive Officer / Aug 2001
March 30, 2001
Hotel Online Special Report Pacifica Hotel Company Names Craig Stevenson Chief Executive Officer Santa Barbara, California -- August 16, 2001 - Pacifica Hotel Company and its acquisition affiliate, Pacifica Hotel Investors, LLC, are pleased to announce that Craig Stevenson has been named Chief Executive Officer. Stevenson reports directly to Dale J. Marquis, who continues as Chairman and President of the company. Stevenson will be primarily responsible for assisting Marquis in the overall strategic planning and direction of the company from both hotel operations and growth perspectives. Stevenson origina...
Carol Sage-Robin Joins Dow Hotel Company as Corporate Director Human Resources / Aug 2001
March 30, 2001
Hotel Online Special Report Carol Sage-Robin Joins Dow Hotel Company as Corporate Director Human Resources 13 August 2001 - The Dow Hotel Company is pleased to announce that Carol Sage-Robin joined our company as Corporate Director of Human Resources. She will be based in the Seattle office and be active in all DHC Managed hotels. We believe that adding a hospitality Training and Human Resources professional of Carols caliber to our team will provide the support needed to grow The Dow Hotel Company to the next level of professionalism, said Murray L. Dow, II President. In addition to her significant exp...
Craig Madison, VP and GM of The Grove Park Inn Resort & Spa in Asheville, N.C. Elected Chairman of the International Resort Managers Association / Aug
March 30, 2001
Hotel Online Special Report Craig Madison, VP and GM of The Grove Park Inn Resort & Spa in Asheville, N.C. Elected Chairman of the International Resort Managers Association ST.LOUIS, MO (August 2001) -- Craig Madison, Vice President and General Manager of The Grove Park Inn Resort & Spa in Asheville, N.C. has been elected to serve as the first Chairman of the International Resort Managers Association (IRMA). "Craig not only brings a wealth of experience to this position, but also a sincere interest in furthering education, networking and professional development opportunities for everyone in the resort industry...
Crestline Capital Corporation Enters into Agreement to Sell its Portfolio of 31 Senior Living Communities for $600 million / Aug 2001
March 30, 2001
Hotel Online Special Report Crestline Capital Corporation Enters into Agreement to Sell its Portfolio of 31 Senior Living Communities for $600 million BETHESDA, MD, August 9, 2001 Crestline Capital Corporation (NYSE:CLJ) announces that it has entered into an agreement to sell its portfolio of 31 senior living communities to Senior Housing Properties Trust (NYSE: SNH), a real estate investment trust (REIT) based in Newton, Massachusetts. Total consideration for the transaction is $600 million, including approximately $235 million of existing debt. The transaction is expected to close in the first q...
Recipients of 2001 California Lodging Industry Association Annual Awards / Aug 2001
March 30, 2001
Hotel Online Special Report Recipients of 2001 California Lodging Industry Association Annual Awards Awards To Be Presented at CLIA's Annual Gala Awards Dinner in Long Beach-September 9, 2001 Sacramento - August 29, 2001- California Lodging Industry Association (CLIA) Chairman of the Board, Carl Doughty has announced the recipients of CLIA's annual awards and scholarship. The awards will be presented at the association's Annual Gala Awards Dinner to be held at the Hyatt Regency-Long Beach on September 9, 2001, in conjunction with the Western Lodging Show held at the Long Beach Convention Center, Septemb...
Wyndham Recognized by CIO for Technological Advances Impacting Guest's Hotel Stay / Aug 2001
March 30, 2001
Hotel Online Special Report Wyndham Recognized by CIO for Technological Advances Impacting Guest's Hotel Stay DALLAS (Aug. 27, 2001) - Wyndham International, Inc. (NYSE: WYN) has been selected as winner of the 2001 CIO-100 award for positive business performance, from CIO magazine. Wyndham's delivery of innovative concepts such as The Room That Performs and the Wyndham ByRequest guest recognition program, helped to secure this prestigious award. The annual CIO award recognizes the top 100 companies around the world that exemplify a strong technological background and organizational excellence in a p...
The Caribbean Hotel Association Enhances CHA Marketplace 2002, Set for January 13-15, 2002 in Cancun / Aug 2001
March 30, 2001
Hotel Online Special Report The Caribbean Hotel Association Enhances CHA Marketplace 2002, Set for January, 2002 in Cancun CHA Marketplace 2002 January 13-15, 2002 Moon Palace Resort, Cancún, Mexico SAN JUAN, Puerto Rico (Aug. 29, 2001) The Caribbean Hotel Association (CHA) has enhanced the CHA Marketplace 2002 convention with five new features that are designed to provide a better experience for conference delegates. Experience the benefits of these improvements at CHA Marketplace 2002, which will be held Jan. 13-15, 2002 at the Moon Palace Resort in Cancún, Mexico. The new features for t...
The California Travel and Tourism Commission Provides Powerful Energy Saving Tips for Hoteliers and Innkeepers / Aug 2001
March 30, 2001
Hotel Online Special Report The California Travel and Tourism Commission Provides Powerful Energy Saving Tips for Hoteliers and Innkeepers California Tourism Launches Campaign To "Enlighten" Hospitality Industry on Energy Issues SACRAMENTO, July 30, 2001 The California Travel and Tourism Commission has launched "Enlighten," a national public information campaign aimed at visitors to and within the Golden State this year with additional energy-saving tools for hospitality-related businesses. Energy Saving Tips for hoteliers and innkeepers include NO COST Tips. Assuring travelers the lights are ...
With Travel a Cyclical Business, Analysts Are Lukewarm About Making Money on Hotel Stocks / Aug 2001
March 30, 2001
Hotel Online News for the Hospitality Executive With Travel a Cyclical Business, Analysts Are Lukewarm About Making Money on Hotel Stocks By Tom Belden, The Philadelphia Inquirer Knight Ridder/Tribune Business News Aug. 7--Like so many other sectors of the economy in this summer of discontent, the travel business has been full of gloomy news. Major U.S. airlines say that the sputtering economy has reduced the number of business trips so much that they expect to lose $1.5 billion this year. And hotel companies are warning investors that, while they aren't suffering as much as the airlines are, profits will be down ...
Penn National Gaming Agrees to Purchase the Assets of the Bullwhackers Casino Operations for $6.5 million in Cash / Aug 2001
March 30, 2001
Hotel Online Special Report Penn National Gaming Agrees to Purchase the Assets of the Bullwhackers Casino Operations for $6.5 million in Cash WYOMISSING, Pa. & BLACK HAWK, Colo - Aug. 30, 2001 - Penn National Gaming, Inc. (NASDAQ:PENN) announced today that it has agreed to purchase the assets of the Bullwhackers Casino operations from Colorado Gaming and Entertainment Co., a subsidiary of Hilton Group plc, for $6.5 million in cash, enabling Penn National to expand its operations into the Colorado gaming market. The Bullwhackers assets consist of the Bullwhackers Casino, the adjoining Bullpen Sports Casino, the ...
IHM Inc. Opens Second Country Hearth Inn in Ripley, TN / Aug 2001
March 30, 2001
Hotel Online Special Report IHM Inc. Opens Second Country Hearth Inn in Ripley, TN ATLANTA - August 17, 2001 - Buckhead America Corporation (NASDAQ: BUCK) announces the opening of Country Hearth Inn in Ripley, Tn. on August 17. The Ripley Country Hearth Inn is owned by Ripley Hearth LLC, a related party to Country Hearth Inn master developer IHM INC. The property will be managed by The Lodge Keeper Group, a subsidiary of Buckhead America Corporation. The Ripley "mini-hearth" property is designed as a bed-and-breakfast, but it is complete with all the amenities of a traditional hotel. Amenities include data...
`Minority-, Black-Owned' Wording Is Center of Debate on Miami Hotel Fallout / Aug 2001
March 30, 2001
Hotel Online News for the Hospitality Executive `Minority-, Black-Owned' Wording Is Center of Debate on Miami Hotel Fallout By Charles Savage, The Miami Herald Knight Ridder/Tribune Business News Aug. 15--As the Broward County Commission debated Tuesday what to do about a convention center hotel after a four-year juggling act with developer R. Donahue Peebles collapsed, Commissioner Josephus Eggelletion made a subtle but critical shift in words. Eggelletion, the commission's only African American, was blaming the county for the deal's failure and exhorting his colleagues to honor the promise the commission made in...
Embassy Suites Hotel – Brookfield Files Lawsuit Charging Neighboring Sheraton Hotel of Covertly Enlisting Employees / Aug 2001
March 30, 2001
Hotel Online News for the Hospitality Executive Embassy Suites Hotel - Brookfield Files Lawsuit Charging Neighboring Sheraton Hotel of Covertly Enlisting Employees By Scott Williams, Milwaukee Journal Sentinel Knight Ridder/Tribune Business News Aug. 13--BROOKFIELD, Wis.--In an industry that thrives in an atmosphere of elegance and grace, Brookfield's two largest hotels are getting down and dirty. A battle between the posh Sheraton Hotel and neighboring Embassy Suites Hotel has erupted into a public brawl involving allegations of predatory competition and employee raiding. In a lawsuit filed in Waukesha County...
Apalachee Bay Properties, the Third Largest Apartment Finder Agency in Paris, Acquired by MeriStar's Bridgestreet Subsidiary / Aug 2001
March 30, 2001
Hotel Online Special Report Apalachee Bay Properties, the Third Largest Apartment Finder Agency in Paris, Acquired by MeriStar's Bridgestreet Subsidiary WASHINGTON - Aug. 29, 2001-- MeriStar Hotels & Resorts (NYSE:MMH), the nation's largest independent hotel management company, today announced that its BridgeStreet Corporate Housing Worldwide subsidiary has expanded its European operations with the acquisition of Paris-based Apalachee Bay Properties. Apalachee, which will be renamed BridgeStreet Paris, is an apartment finder service, third-party management and registered property sales brokerage business and th...
Boca Resorts Inc. Ditches Hockey Sticks, Planning $300 million Improvement at 963-room Boca Raton Resort & Club / Aug 2001
March 30, 2001
Hotel Online News for the Hospitality Executive Boca Resorts Inc. Ditches Hockey Sticks, Planning $300 million Improvement at 963-room Boca Raton Resort & Club By Tom Stieghorst, South Florida Sun-Sentinel Knight Ridder/Tribune Business News Aug. 12--Boca Resorts Inc. has finally ditched its hockey sticks. The odd collection of resort hotels, ice arenas and professional sports that started life as Florida Panthers Holdings Inc., became a pure lodging company on July 25 when it closed on the $101 million sale of the Panthers to a group of South Florida fans. But while the sale resolved the company's schizoid busin...
Profile: Bob Sambol Taking Steak HouseVenture to San Francisco's Omni Hotel / Aug 2001
March 30, 2001
Hotel Online News for the Hospitality Executive The Dallas Morning News Ideas at Work Column Profile: Bob Sambol Taking Steak HouseVenture to San Francisco's Omni Hotel By Cheryl Hall, The Dallas Morning News Knight Ridder/Tribune Business News Aug. 19--STEAKHOUSE OWNER ADDING NEW LOCALES: Bob Sambol spends hours these days focused on his latest ventures: a Bob's Steak & Chop House in San Francisco that will open in January and another slated for next June in Plano. Neither decision came lightly. Mr. Sambol, whose steakhouse stands out in a town of big beef, has turned down scores of temptations to open a se...
Black Hawk Casinos Report Record Monthly Adjusted Gross Proceeds from Gaming in July / Aug 2001
March 30, 2001
Hotel Online Special Report Black Hawk Casinos Report Record Monthly Adjusted Gross Proceeds from Gaming in July Black Hawk, Colorado - August 21, 2001 - Black Hawk casinos were hotter than a firecracker in July, shooting to an all-time monthly record AGP, according to figures released yesterday by the Colorado Division of Gaming. The 20 casinos in Black Hawk posted a monthly AGP (Adjusted Gross Proceeds) figure for July of over $42.9 million. Thats up almost 7% from last Julys $40.1 million (previously the second-highest month in history), 9% more than Junes $39.3 million, and 2 ½%...
President Casinos Inc. the Fifth Casino-related Business On the Mississippi Gulf Coast to File for Chapter 11 in Nine Years / Aug 2001
March 30, 2001
Hotel Online News for the Hospitality Executive President Casinos Inc. the Fifth Casino-related Business On the Mississippi Gulf Coast to File for Chapter 11 in Nine Years By Joey Bunch, The Sun Herald, Biloxi, Miss. Knight Ridder/Tribune Business News Aug. 1--BILOXI, Miss.--President Casinos Inc. probably won't meet the 120-day deadline it has to file a payment plan to emerge from Chapter 11 bankruptcy for its hotel and resort operations in Biloxi, said John S. Aylsworth, the President's chief operating officer Aylsworth said the company and its chief creditor, Lehman Brothers brokerage house, will probably wor...
Orange County Hotels Beating the Bushes in Search of New Business / Sandi Cain / Aug 2001
March 30, 2001
Hotel Online Special Report Orange County Hotels Beating the Bushes in Search of New Business By Sandi Cain Staff Reporter Orange County Business Journal August 2001 Attendance at Orange County conventions is expected to top 1 million for the first time since 1994 this year and leisure business is healthy, if not robust. But full-service hotels are still feeling a bit of a pinch from lower-than-projected visitor counts and cutbacks in corporate business travel that is the mainstay of most hotels weekday business. That fall-off has caused hoteliers to search for new business with promotions that range from discount...
Randall Baumberger Named Senior Vice President, Disneyland Resort Hotels and Downtown Disney / Aug 2001
March 30, 2001
Hotel Online Special Report Randall Baumberger Named Senior Vice President, Disneyland Resort Hotels and Downtown Disney ANAHEIM, Calif., Aug. 22, 2001 - Randall Baumberger has been named Senior Vice President, Disneyland Resort Hotels and Downtown Disney, Cynthia Harriss, President of The Disneyland Resort, announced today. Baumberger will report directly to Harriss. In his new role, Baumberger, 35, is responsible for the Resort's three hotels -- the 500-room Paradise Pier Hotel, the 1,000-room Disneyland Hotel and the 750-room Grand Californian Hotel -- as well as Downtown Disney, the 300,000-sq...
Best Western Adds 59 Hotels to It's Worldwide Portfolio, Now in 83 Countries / Aug 2001
March 30, 2001
Hotel Online Special Report Best Western Adds 59 Hotels to It's Worldwide Portfolio, Now in 83 Countries PHOENIX, Aug. 7, 2001 - Best Western International continued its targeted expansion efforts adding 59 new hotels to the brand's worldwide portfolio during the second fiscal quarter ending May 31. At the end of the quarter, the brand was represented in 83 countries and territories. In North America, 36 hotels were added between March and May compared to 35 added during the first quarter. International development was down slightly during the second quarter with 23 additions, however...
