EURHOTEC 2001: How new technology is revolutionising the hotel sector / Jan 2001

January 30, 2001

Hotel Online Special Report EURHOTEC 2001  How New Technology Is  Revolutionising the Hotel Sector 19th to 21st February 2001 Palais des Congrès Paris Paris, January 27, 2001 Reservation systems, telecommunications, hotel technology, audiovisual technology and community access to the Internet: as a result of new technology, the hotel and restaurant sector is currently experiencing a profound upheaval that will be the focus of the discussions at the next Eurhotec event on 19th, 20th and 21st February 2001 at the Palais des Congrès, Paris. Eurhotec 2001 will offer interactive presentations and s...

Equity Inns Signs Agreement with Hilton Hotels Corporation to Manage 16 Hotels; Properties Previously Leased and Managed by Interstate Hotels Corporat

January 30, 2001

Hotel Online Special Report    Equity Inns Signs Agreement with Hilton Hotels Corporation to Manage 16 Hotels;  Properties Previously Leased and Managed by  Interstate Hotels Corporation GERMANTOWN, Tenn., Jan. 8, 2001 - Equity Inns, Inc., a hotel real estate investment trust (REIT), today announced that it has signed an agreement with Hilton Hotels Corporation to manage 16 of the REIT’s hotels for a term of two years.  All 16 hotels are Hilton-branded properties, including 15 Hampton Inns and one Homewood Suites by Hilton.  The properties previously were leased and managed by Interstate Hotels Corporation. ...

Extended Stay America Reports Occupancy of 76% and Average Weekly Room Rates of $307 for the 4th Qtr / Jan 2001

January 30, 2001

Hotel Online News for the Hospitality Executive advertisement Extended Stay America Reports Occupancy of 76%  and Average Weekly Room Rates of $307 for the 4th Qtr Net Income Increases by 56% FORT LAUDERDALE, Fla - Jan. 23, 2001-- Extended Stay America, Inc., a leading provider of extended stay lodging, today reported the results of its operations for the three months and twelve months ended December 31, 2000. Net income for the fourth quarter increased by 56% to $14.8 million or $0.15 per diluted share, compared with $9.5 million or $0.10 per diluted share for the fourth quarter last year. Net income for the ye...

The Devil's Advocate… inventorying the population of the average hotel corporate office / Benoit Gateau-Cumin / Jan 2001

January 30, 2001

Hotel Online Special Report The Devil’s Advocate...inventorying the population  of the average hotel corporate office by Benoit Gateau-Cumin Heads Above the Rest The Newsletter of The Boutique Search Firm January 2001 Since we have just jumped into a fresh New Year, in a brand new century, within a new millennium, why not consider doing things differently. Once again. Let¹s just suppose that we are buying one of the largest hotel groups currently open for sale. Let us call them Brand M. and let us make the assumption that we have 125 or so luxury hotels under the same banner, worldwide. Some landmark proper...

January 30, 2001

Hotel Online Special Report     Delta Hotels Commences Management for ClubLink Corporation’s Four Muskoka Resorts;  Chris Lund Appointed Regional Director Resorts Ontario TORONTO, January 9, 2001 – Delta Hotels announced that it has entered into a management contract effective January 8, 2001, for ClubLink Corporation’s (“ClubLink”) four Muskoka resorts:  Delta Lake Joseph Resort, Delta Sherwood Inn, Delta Grandview Inn and Delta Rocky Crest Resort.   “We are delighted to begin the New Year welcoming these four Muskoka resorts to our portfolio. These properties feature outstanding golf facilities located...

Dermot De Loughry Named General Manager at Colony Club Hotel, Barbados / Jan 2001

January 30, 2001

Hotel Online Special Report     Dermot De Loughry Named General Manager at  Colony Club Hotel, Barbados BARBADOS (Jan. 10,2001) -The Elegant Hotels Group, with six luxury resorts in the Caribbean, has announced the appointment of Dermot De Loughry as general manager of Colony Club Hotel on the west coast of Barbados. De Loughry will take up his post as general manager of Colony Club at the end of January 2001.  De Loughry joins the Elegant Hotels Group from the Posthouse Hotel in Edinburgh, where he held the position of general manager since October 1998. He managed the opening of this property, launching it int...

The 206-room Daytona Beach Radisson Resort Acquired for $12.5 million by Oceans Resorts from Boykin / Jan 2001

January 30, 2001

Hotel Online Special Report     The  206-room Daytona Beach Radisson Resort Acquired for $12.5 million by Oceans Resorts from Boykin CLEVELAND, Jan. 15, 2001 - Boykin Lodging Company (NYSE: BOY) today announced that it has sold its 206-room Daytona Beach Radisson Resort for $12.5 million to Oceans Resorts, a company that owns other hotels in Daytona Beach, Florida.  The property was called the Whitehall Hotel when Boykin Lodging bought it in 1997.  Boykin closed it, completely renovated it, and reopened it as a Radisson in January 1998.   “We profited from our renovation strategy with this property,” said R...

Day Hospitality Group Breaks Ground On Its 13th Hotel / Jan 2001

January 30, 2001

Hotel Online News for the Hospitality Executive advertisement Day Hospitality Group Breaks Ground  On Its 13th Hotel 97 Room Springhill Suites at Georgia Mall ATLANTA (January 22, 2001) – Atlanta-based Day Hospitality Group (DHG) broke ground recently for 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 regional mega-mall in Gwinnett County north of Atlanta, the hotel will stand five stories tall and feature 97 rooms. An August 2001opening is planned.    “SpringHill Suites will be the 90th hotel t...

January 30, 2001

Hotel Online News for the Hospitality Executive advertisement Wyndham Opening Five Shula’s Steak Houses; Creating Dining Destination for Local Residents MIAMI LAKES, Fla. - Jan. 23, 2001 - Legendary Coach Don Shula, the winningest Coach in history, with son Dave Shula and Wyndham International, Inc. announce the opening of six new Shula’s restaurants during first quarter 2001.  By March, Shula’s Steak Houses will have 23 locations making them one of the top five steak houses in America. Created in 1989, Shula’s has established a strong reputation for itself as “One of the Best Steak Houses in America.”  ...

January 30, 2001

Hotel Online Special Report  Teri Fox, USFS’ VP of Franchise Support, Presented the Mike Leven Award for Outstanding Service  Additional USFS Staff Also Honored ATLANTA (Jan. 29, 2001) – Mike Leven, Chairman and CEO of Atlanta-based US Franchise Systems, Inc. (USFS) has inaugurated the “Mike Leven Award for Outstanding Service” and presented it to Teri Fox, USFS’ Vice President of Franchise Support.  Fox, who has been with the Company since its inception in 1995, oversees the Franchise Resources, Field Support and Training departments.  She has 18 years of hospitality experience and throughout her career,...

Contact LLC Acquires Telux / Jan 2001

January 30, 2001

Hotel Online Special Report Contact LLC Acquires Telux SACRAMENTO, Ca., January 3, 2001 – Furthering the expansion of Contact as a premier communications service and installation provider to the hospitality industry, on January 1, 2001, Contact added Contact Com LLC to its folds.  Contact Com consists of the previous customers of Telux, a Dallas Texas based interconnect, and will add Texas, Oklahoma, Louisiana, and Missouri as part of Contact’s nationwide coverage.  Incorporating Contact Com to the Contact group of companies, in addition to the franchising opportunities offered by Contact, is consistent with Contac...

Saunders Hotel Group Opens the Largest Comfort Inn in the US; John Mitchell is GM at The Revere, MA 208 Room Hotel / Jan 2001

January 30, 2001

Hotel Online News for the Hospitality Executive advertisement  Saunders Hotel Group Opens the  Largest Comfort Inn in the US;   John Mitchell is GM at The Revere, MA 208 Room Hotel Boston, MA  - January 23, 2001- The largest Comfort Inn & Suites in the United States has opened in Revere, Mass., near Boston’s Logan International Airport.  The eight-story, 208-room property is the first collaboration between Choice Hotels International and the renowned Saunders Hotel Group of Boston.  The family-operated Saunders Hotel Group owns and operates the 100-year-old, AAA Four Diamond Lenox Hotel, which was recent...

Canadian Hotel Investment Report 2001 – Colliers International Hotel Realty / Jan 2001

January 30, 2001

Canadian Hotel Investment Report 2001 Colliers International Hotel Realty Investment Report Overview January 2001 The prognosis for the Canadian economy remains strong. Canada is forecast to top G7 estimates for economic growth at 3.4% in 2001, slightly above the 3.0% forecast for the United States, and well above the forecasts for Europe. While this bodes well for the Canadian lodging industry, HVS International reports national room night demand increased by only 0.1% during the first three quarters of 2000, while supply increased by 1.7% for the same period – two alarms that contributed to the erosion in value i...

January 30, 2001

Hotel Online Special Report Restaurateur Jeffrey Chodorow Opens Tuscan Steak  At Ian Schrager’s St Martins Lane In London NEW YORK, Jan.16, 2001 - On January 12th, restaurant impresario Jeffrey Chodorow thrilled Londoners and international guests at Ian Schrager’s St Martins Lane with the premier of his critically acclaimed Miami and New York eateries, Tuscan Steak.  With the opening of Tuscan Steak in the previous Saint M space, Schrager’s visionary restaurant partner brings to London an innovative sharing-style menu with a combination of classic and modern Tuscan cuisine, served in a sophisticated and stylish atmosph...

Ontone Limited, an Affiliate of Allied Group, Opening a 31-storey Budget Hotel in Hong Kong; Century International Hotels Will Manage the Property / J

January 30, 2001

Hotel Online Special Report Ontone Limited, an Affiliate of Allied Group, Opening  a 31-storey Budget Hotel in Hong Kong Century International Hotels Will Manage the Property December 2000 … Century Inn North Point is scheduled to open on 5 January 2001 and is targeted at budget travellers coming to Hong Kong. With its distinctive yellow ochre and blue modern exterior, Century Inn North Point is set to be a recognizable landmark in North Point, a fast developing commercial district on Hong Kong Island.  This 31-storey budget hotel has 210 very compact rooms and suites with some rooms offering views of Victori...

January 30, 2001

Hotel Online Special Report    New YorkÂ’s Hotel Carlyle Sold to Maritz, Wolff & Co.; Rosewood Hotels & Resorts to Manage ST. LOUIS, Jan. 4, 2001 - New YorkÂ’s legendary Hotel Carlyle is being sold by the partnership that has owned it for more than 30 years to Maritz, Wolff & Co. Upon closing of the sale, The Carlyle will be operated by Rosewood Hotels & Resorts, the premier manager of ultra-luxury hotels throughout the world.  Rosewood is owned in a joint partnership by Maritz, Wolff & Co. and the Rosewood Corporation.   “Rosewood and Maritz, Wolff & Co. have the deepest respect for the legacy of The Carlyle,Â...

Candlewood Suites Switches Reservation Service Providers to VIP International and the SynXis Agent / Jan 2001

January 30, 2001

Hotel Online Special Report  Candlewood Suites Switches Reservation Service Providers to VIP International and the SynXis Agent™ Calgary, Alberta, Canada — On Tuesday, January 16, 2001, VIP International successfully switched 93 Candlewood Suites from their former reservation service provider over to VIP’s complete reservations solution.  VIP International, through its business partnership with SynXis Corporation, is now providing all 93 Candlewood Suites across the United States with Global Distribution System (GDS) connectivity, using the simple yet revolutionary SynXis Agent™ system. VIP international is also ...

January 30, 2001

Hotel Online Special Report advertisement Limited-Service Growth in Canada – Where’s it Going? CANADIAN LODGING OUTLOOK November 2000 Year-to-Date The Canadian Lodging Outlook is a joint monthly publication of Smith Travel Research and HVS International, Vancouver and Toronto, Canada by Monique Rosszell, Consulting and Valuation Analyst, HVS Toronto Canadian Lodging Outlook -  November 2000;  Over the past ten years both leisure and business travelers have become much more discriminating with regard to their dollars spent on accommodation. Overnight hotel guests frequently only want a comfortable clean ...

Fourteen Camino Real Hotels in Mexico and Texas Join the Hilton® Family of Brands / Jan 2001

January 30, 2001

Hotel Online Special Report   Fourteen Camino Real Hotels in Mexico and Texas  Join the Hilton® Family of Brands Hilton Hotels Corporation Signs Affiliate Agreement With  Hoteles Camino Real BEVERLY HILLS, Calif. and MEXICO CITY, Jan. 17, 2001 - Hilton Hotels Corporation (NYSE: HLT - news), one of the world’s leading lodging hospitality companies, and Hoteles Camino Real, S.A. de C.V. (HOCASA), Mexico’s preeminent and most respected hotel chain, today signed an agreement to affiliate 14 Camino Real hotels and resorts in Mexico and Texas with the Hilton® family of brands. Effective April 1, 2001, Camino R...

Chuck Scharer Resigning as President and CEO of Harveys Casino Resorts / Jan 2001

January 30, 2001

Hotel Online Special Report    Chuck Scharer Resigning as President and CEO of Harveys Casino Resorts LAKE TAHOE, Nev., Jan. 10, 2000 - Chuck Scharer announced today he would resign as president and CEO of Harveys Casino Resorts, effective January 31, 2001.   Scharer, 45, who joined Harveys in November 1982, said he wanted to spend more time on personal endeavors and planned to take some time off before determining future plans. In February 1999, Scharer and other members of management joined with an affiliate of Colony Capital, LLC, a Los Angeles-based private investment firm, to acquire Harveys and take the co...

CNL Hospitality Corp. Begins Development Strategy With the Ground Breaking of Two Florida Hotels / Jan 2001

January 30, 2001

Hotel Online Special Report     CNL Hospitality Corp. Begins Development  Strategy With the Ground Breaking of  Two Florida Hotels ORLANDO, FL – January 11, 2001 - CNL Hospitality Corp. (“CNL”) announced its entry into hotel development with the ground breaking of two properties in Florida, a 350-suite Residence Inn by Marriott in Orlando and a 174-room Courtyard by Marriott in Weston (Fort Lauderdale area).  “By implementing our strategy to start four or five new development projects per year, CNL is well positioned to compliment its acquisition pipeline.  We are fortunate to be able to compliment our ...

Carl Doughty, President of Pacific Hotels, Oakland, California Elected 2001 President of California Lodging Industry Association / Jan 2001

January 30, 2001

Hotel Online Special Report    Carl Doughty, President of Pacific Hotels, Elected 2001 President of California Lodging Industry Association Sacramento, CA. - January 10, 2001 - California Lodging Industry Association has announced the election of Carl Doughty, President of Pacific Hotels, Oakland, to serve as President of CLIA for 2001.  Other officers include: Board Vice President is J. P. Patel, owner and operator of the Best Western Colony Inn, Atascadero, CA. and other Central Coast properties. Secretary Jill Macdonald, Quality Inn – Eureka;  Treasurer Bill O’Connell, Managing Partner of four Bes...

Millennium Partners Closes On $215 Million Construction Financing for Four Seasons Hotel and Tower Miami / Jan 2001

January 30, 2001

Hotel Online Special Report     Millennium Partners Closes On $215 Million Construction  Financing for Four Seasons Hotel and Tower Miami NEW YORK - Jan. 11, 2001 - Millennium Partners announced today that it has closed on a $215 million construction loan from Fleet National Bank, Westdeutsche ImmobilienBank and Ocean Bank for the development of an 800-foot tall Four Seasons Hotel and Tower on Brickell Avenue in Miami. The Tower, which will become a new landmark on the Miami skyline, will consist of 176 luxurious condominiums, 84 condo/hotel units, a 222-key hotel and spa facility and 200,000 square feet of Class ...

January 30, 2001

Hotel Online Special Report  Boykin Lodging’s Swap with Hilton Voted  Deal of the Year At UCLA Extension’s 16th  Annual Hotel Industry Investment Conference CLEVELAND, Jan. 25, 2001 -  Boykin Lodging Company, a hotel real estate investment trust, said today that last September’s exchange of certain properties with Hilton Hotels Corporation was voted “Deal of the Year under $30 million” at the UCLA Extension’s 16th Annual Hotel Industry Investment Conference held in Los Angeles last week.  The award was jointly accepted by Robert W. Boykin, chairman and chief executive officer of Boykin, and Matthew J. Hart,...