Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
Mitsui Fudosan Co., Limited and Mandarin Oriental Developing Luxury Hotel in Tokyo / June 2001
February 28, 2001
Hotel Online Special Report Mitsui Fudosan Co., Limited and Mandarin Oriental Developing Luxury Hotel in Tokyo HONG KONG - June 18, 2001-- Mandarin Oriental International Limited announced today that it will manage a new luxury hotel in Tokyo due to open in late 2006. The Group will enter into a long-term lease agreement with the owner and developer of the hotel, Mitsui Fudosan Co., Limited. Mandarin Oriental has committed to invest approximately US$37 million, principally in 2004 and 2005, into furniture, fixtures, equipment and pre-opening costs. The hotel, to be named Mandarin Oriental, Tokyo, will occupy ...
Manchester Resorts Submits Plans to City of Oceanside, Calif for Golf Resort on a 455-acre Former Sand Quarry / June 2001
February 28, 2001
Hotel Online News for the Hospitality Executive Resort Company Submits Plan for Golf Course, Hotel in Oceanside, Calif. By Ron Raposa, North County Times, Escondido, Calif. Knight Ridder/Tribune Business News Jun. 1--OCEANSIDE, Calif.--Manchester Resorts has submitted to the city an initial plan for its proposed El Corazon golf resort, the companion project to its planned beachfront hotel near the Municipal Pier. The draft master plan for the golf resort on a 455-acre former sand quarry in the center of the city was submitted Wednesday to the city's Planning Department. The golf resort also would include a hotel. ...
Vail Resorts, Inc Reports Total Skier Visits Up 7.6% for Nine Months, Revenues up 4.1% / June 2001
February 28, 2001
Hotel Online Special Report Vail Resorts, Inc Reports Total Skier Visits Up 7.6% for Nine Months, Revenues up 4.1% VAIL, Colo., June 6, 2001 - Vail Resorts, Inc. (NYSE: MTN - news) today announced financial results for the third fiscal quarter and nine months ended April 30, 2001. For clarity of analysis, the year-over-year information in the following text highlights performance excluding the impact of Reduced Skier Day Insurance in fiscal 2000, and the impact of one-time non-recurring taxes owed for prior years charged in the second quarter of fiscal 2001. THIRD QUARTER, FISCAL 2001 Resort revenue (which exclud...
Meditrust to Change Name to La Quinta to Reflect Lodging Focus / June 2001
February 28, 2001
Hotel Online Special Report Meditrust to Change Name to La Quinta to Reflect Lodging Focus Meditrust Completes New $350 Million Credit Facility DALLAS (June 11, 2001) -- The Meditrust Companies ("Meditrust" or "the Companies") (NYSE: MT) announced today the closing of a $350 million credit facility, consisting of a $200 million revolving line of credit and a $150 million term loan. This bank debt has an initial interest rate of LIBOR plus 350 basis points and matures on May 31, 2003 with extensions available at the Companies' option. Proceeds were used to payoff existing bank term debt maturing on July...
Michael Silberstein Named Managing Director of the 896-room New York Palace Hotel / June 2001
February 28, 2001
Hotel Online Special Report Michael Silberstein Named Managing Director of the 896-room New York Palace Hotel New York, June 8, 2001 -- Michael Silberstein has been named Managing Director of the 896-room New York Palace hotel. A second-generation career hotel executive, Mr. Silberstein has more than 25 years experience operating and managing four- and five-star hotels. For the past two years he has been involved in hotel/commercial development both in New York and in Europe. Mr. Silberstein was with Crowne Plaza Hotels and Resorts for 12 years. He served most recently as Vice President Operations, The Ame...
Michael E. Nalley Appointed Hospitality Management Trainer for Best Western International / June 2001
February 28, 2001
Hotel Online Special Report Michael E. Nalley Appointed Hospitality Management Trainer for Best Western International PHOENIX, Ariz., June 25, 2001- Michael E. Nalley has been named hospitality management trainer for Best Western International in Phoenix, Ariz. In his new position, Nalley will provide training in customer service, leadership and supervision, project management and team building for staff in member hotels across North America. Nalley comes to Best Western International from G.S.I. Consulting where he was a customer service consultant. Prior to that, Nalley was employed by the Scottsdale Princess ...
Hotel@MIT Markets Itself with a Focus on Technology / June 2001
February 28, 2001
Hotel Online News for the Hospitality Executive MIT Hotel Markets Itself with a Focus on Technology By Chris Reidy, The Boston Globe Knight Ridder/Tribune Business News Jun. 15, 2001 - -- Even hotels are attempting to brand themselves these days. Such is the case with Hotel@MIT, the shorthand nickname for a place that opened nearly three years ago under the more formal moniker of University Park Hotel at MIT. Looking to stand out from the Hiltons and the Marriotts, an inn between Central Square and the Charles River is attempting to position itself as "Cambridge's dot-com lifestyle hotel." Through event mark...
Marcus Hotels and Resorts Plans to Double Third-party Hotel Management Contract Business / June 2001
February 28, 2001
Hotel Online Special Report Marcus Hotels and Resorts Plans to Double Third-party Hotel Management Contract Business MILWAUKEE, Wis., June 7, 2001Marcus Hotels and Resorts, a division of The Marcus Corporation (NYSE: MCS), today announced that it plans to double the size of its third-party hotel management contract business over the next three to five years. The company recently increased its total managed portfolio to more than 3,000 rooms with the signing of two new contracts for the 225-suite Timber Ridge Lodge & Waterpark located at the Grand Geneva Resort and Spa, an hour north of Chicago at Lake Geneva, ...
Marriot's Web Site Hits Single-Day Booking Record, 10,000 Reservations / June 2001
February 28, 2001
Hotel Online Special Report Marriot's Web Site Hits Single-Day Booking Record, 10,000 Reservations WASHINGTON DC - Marriot International (NYSE: MAR) announced that it set a single-day company record in bookings on its web site Marriott.com, generating more than 10,000 reservations. Ranked as one of the industry's best lodging web sites, Marriott.com enables customers to easily make reservations at any of the company's 2,300 hotels worldwide. "Marriott.com is my favorite site for travel planning and making hotel reservations because it's fast and provides information about local activities, events and restauran...
Hotel Companies Looking at Cost Containment, Divestiture of Assets and Tax Minimization During Economic Slowdown / June 2001
February 28, 2001
Hotel Online Special Report Hotel Companies Looking at Cost Containment, Divestiture of Assets and Tax Minimization During Economic Slowdown NEW YORK - June 18, 2001-- Signs of an economic downturn are everywhere. Falling GDP forecasts, decreases in consumer confidence and corporate layoffs are daily headlines, each attempting to characterize and quantify the current economic slowdown. For the lodging industry, this slowdown has immediate implications, and requires immediate action, according to Chase Burritt, national director of Ernst & Young's Hospitality Services Group. "The best opportunities to improve th...
The $10.4 million The Lodge at Giants Ridge Golf and Ski Resort near Biwabik, Minn, Placed Into Receivership / June 2001
February 28, 2001
Hotel Online News for the Hospitality Executive Duluth, Minn.-Based Hotel Management Company Works on Plan to Save Resort By Lee Bloomquist, Duluth News-Tribune, Minn. Knight Ridder/Tribune Business News Jun. 7--A Duluth-based hotel management firm within 60 days will develop a plan to turn around operations and profitability of The Lodge, the 93-room hotel at Giants Ridge Golf and Ski Resort near Biwabik. The Lodge is 72 percent owned by the Iron Range Resources and Rehabilitation Board, a state agency. The Fourth Judicial Court in Hennepin County named O.H. Hospitality of Duluth manager and receiver of The Lod...
How Four Seasons Hotel Beat the Heat During the Georgetown Blackout; Manhole fires and power outages in Georgetown left residents and business owners
February 28, 2001
Hotel Online Special Report How Four Seasons Hotel Washington, D.C. Beat the Heat During the Georgetown Blackout Manhole fires and power outages in historic Georgetown, the city's prime shopping district, left residents and business owners without electricity June, 18, 2001 - The day is progressing normally. The house is full, with guests coming and going. Dinner reservations are being confirmed for the evening, and the weekend's wedding plans are being finalized. When, without warning: another explosion...another flying manhole cover....and once again, the Four Seasons the capital's most prest...
Lexington Services' New SPIRIT System, Powered by CSC Services, to Debut at HITEC / June 2001
February 28, 2001
Hotel Online Special Report Lexington Services' New SPIRITTM System, Powered by CSC Services, to Debut at HITEC New integrated distribution and marketing system offers expanded reservation functions to hotels and chains DALLAS (June 18, 2001) Lexington Services new reservation system, SPIRIT TM, powered by Computer Sciences Corporation Services (NYSE: CSC), will debut at HITEC 2001, Orlando, Fla., June 26-28 at Booth #517. The integrated distribution and marketing system for centralized hotel reservations is offered in an ASP service model and is a proven, state-of-the-art system that recently under...
S. Lee Bowden Named General Manager at The Sagamore Replacing the Retiring W. Robert McIntosh / June 2001
February 28, 2001
Hotel Online News for the Hospitality Executive New Leader Takes Over Albany, N.Y.-Area Hotel, Conference Center By Kevin Harlin, Times Union, Albany, N.Y. Knight Ridder/Tribune Business News Jun. 5--A new leader has taken the helm at The Sagamore and another has left the historic hotel and conference center on Lake George. S. Lee Bowden, who for the past 10 years was general manager of The Equinox, a resort in Manchester, Vt., now manages the day-to-day operations at The Sagamore and will oversee the hotel's multimillion-dollar renovation. He began his new duties at the end of May. W. Robert McIntosh, who was m...
The Nob Hill Lambourne Creates 'Rebalancing Services' for Professional Women Travelers / June 2001
February 28, 2001
Hotel Online Special Report The Nob Hill Lambourne Creates 'Rebalancing Services' for Professional Women Travelers SAN FRANCISCO, June 19, 2001 - The Nob Hill Lambourne, a 20-room boutique hotel located atop San Francisco's posh Nob Hill, is once again breaking ground with a unique collection of services and amenities perfectly suited for the traveling professional woman and mommies on the road. These new "rebalancing" services help take the edge off stressful traveling and include complimentary amenities for mothers; a "Rebalancing Basket" for keeping fit while traveling; and a full line of Sprayology homeopath...
The 343-room Holiday Inn on the Hill Hotel, Washington DC, Acquired by LaSalle Hotel Properties / June 2001
February 28, 2001
Hotel Online Special Report The 343-room Holiday Inn on the Hill Hotel, Washington DC, Acquired by LaSalle Hotel Properties Crestline Hotels & Resorts Named Manager BETHESDA, Md., June 1, 2001 - LaSalle Hotel Properties (NYSE: LHO) today announced the acquisition of I&G Capitol, Inc., which owns the Holiday Inn on the Hill Hotel. The 343-room upscale full-service hotel is located on Capitol Hill in the heart of Washington, D.C., and is the closest hotel to the U.S. Capitol. LaSalle Hotel Lessee, Inc., the Company's taxable subsidiary, will lease the property and has retained Crestline Hotels & Reso...
Las Vegas International Hotel & Restaurant Show Set for June 21; Exhibitors Up 15% / June 2001
February 28, 2001
Hotel Online Special Report Las Vegas International Hotel & Restaurant Show Set for June 21; Exhibitors Up 15% WHITE PLAINS, NY, May 1, 2001 With over 350 exhibitors, keynote sessions, seminar programs, competitions and special features, the 22nd Las Vegas International Hotel & Restaurant Show, June 21-22, 2001 at the Las Vegas Convention Center, will offer more than ever to Show attendees. More than 350 exhibitors will be represented at the LVIH&RS, offering a wide variety of products and services for the lodging and foodservice industries. Exhibit growth, represented from both lodging and foodservic...
Kimpton Hotel & Restaurant Group, LLC Converts 34 Hotels to RezView® Central Reservations System / June 2001
February 28, 2001
Hotel Online Special Report Kimpton Hotel & Restaurant Group, LLC Converts 34 Hotels to RezView® Central Reservations System SAN FRANCISCO, June 14, 2001 Kimpton Hotel & Restaurant Group, LLC recently announced they have successfully migrated their properties inventory and rates to Pegasus Solutions, Inc.s (Nasdaq: PEGS) RezView® central reservations system (CRS), taking advantage of the complete scope of Pegasus service offerings. Kimpton Groups 34 European-style boutique hotels, located nationwide and in Canada, now have customization and use of Pegasus CRS; Internet and global distribution system...
February 28, 2001
Hotel Online Special Report Kimpton Hotel & Restaurant Group Installs the 26th LANmark Property Management System at Hotel Monaco New Orleans Atlanta, GA June 6, 2001- AremisSoft Corporation (Nasdaq:AREM), a leading international supplier of enterprise-wide software and Internet-enabled solutions for the manufacturing, hospitality, healthcare and construction industries, is proud to announce that their LANmark property management system (PMS) has been selected for installation at the Hotel Monaco New Orleans managed by Kimpton Hotel & Restaurant Group. This is the twenty-sixth installation of an AremisSoft H...
February 28, 2001
Hotel Online Special Report Kea Lani Resort in Wailea Re-flagged as The Fairmont Kea Lani Maui; Fairmonts First Resort in the Pacific Toronto, Canada, June 15, 2001 - Fairmont Hotels & Resorts today announced that the renowned Kea Lani Resort in Wailea, Maui will be officially re-flagged as The Fairmont Kea Lani Maui on June 15th. Acquired by Fairmonts parent company on February 1, 2001, the Kea Lani is Fairmonts first resort in the Pacific, giving the luxury brand a presence in one of the most coveted travel destinations in the world. Fairmonts entry into the Hawaiian Islands represents a s...
Linen Distribution Company Kahn & Company, Inc. Acquires Competitor Andy Anderson Company in Memphis, Tenn / June 2001
February 28, 2001
Hotel Online Special Report Linen Distribution Company Kahn & Company, Inc. Acquires Competitor Andy Anderson Company in Memphis, Tenn June 11, 2001 - Kahn & Company, Inc., of Savannah, GA, nationwide distributor of linens servicing primarily the hospitality industry, has acquired the Andy Anderson Company in Memphis, TN. David G. Kahn, president and CEO of the 72 year old Kahn & Company, said merger of the two companies was completed earlier this month. The expanded Kahn & Company will continue to operate the Andy Anderson offices and warehouse, with Bill Anderson remaining as division head. Kahn expec...
Owensboro, Ky., Holiday Inn Offers Free High-Speed Internet Access from All 145 Rooms / June 2001
February 28, 2001
Hotel Online News for the Hospitality Executive Owensboro, Ky., Holiday Inn Offers Free High-Speed Internet Access By Keith Lawrence, Messenger-Inquirer, Owensboro, Ky. Knight Ridder/Tribune Business News Jun. 24--A generation ago, Bob Desai says, his Holiday Inn in Owensboro became the first in the country to offer free HBO. Now, he's moving into the 21st century. The 39-year-old hotel, which underwent major renovations last fall, added free wireless high-speed Internet access in all 145 rooms two weeks ago. "A lot of hotels charge for it," said Desai, whose Green River Motel Management owns nine hotels in K...
Boston Hotel Developers on Edge When Dealing with Local Hotel Workers Union / June 2001
February 28, 2001
Hotel Online News for the Hospitality Executive Labor Leader's Unusual Tactics Draws Notice in Boston By Richard Kindleberger, The Boston Globe Knight Ridder/Tribune Business News Jun. 12--When Mayor Thomas M. Menino arrived at John Hancock Hall in January to deliver his State of the City address, he had to push through a crowd of angry firefighters upset about the progress of negotiations between the city and their union over a new contract. But not all labor leaders stayed outside the hall. Janice Loux, head of the local hotel workers union, crossed the picket line to support the mayor, adding to her reputation f...
Jody Colletti, CTP, Appointed Stonebridge Companies Regional Director of Tour and Travel / June 2001
February 28, 2001
Hotel Online Special Report Jody Colletti, CTP, Appointed Stonebridge Companies Regional Director of Tour and Travel ENGLEWOOD, Colo. June 11, 2001 Stonebridge Companies has appointed Jody Colletti, CTP, regional director of tour and travel. Colletti is responsible for marketing all Stonebridge properties to group tours as well as frequent individual travelers. She concentrates her efforts on both domestic and international travelers through extensive attendance at industry conferences and association events. Prior to joining Stonebridge, Colletti was director of national accounts for Denver-based Sa...
