Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
National Trust Historic Hotels of America Adding Corporate Partnerships / Feb 2001
January 30, 2001
Hotel Online Special Report National Trust Historic Hotels of America Adding Corporate Partnerships Strategic and Allied Partnerships Add Benefit to Members WASHINGTON, D.C., January 25, 2000 -- National Trust Historic Hotels of Americas members are now receiving additional services and visibility through partnerships with a number of new corporate allies. Initiatives include everything from discounts for goods and services that benefit member hotels to programs increasing awareness of the Historic Hotels of America brand name. Historic Hotels of America is offering more marketing programs and brand ...
Marcus Hotels and Resorts Opens the Company-owned Hilton Madison Monona Terrace in Madison, Wis. / Feb 2001
January 30, 2001
Hotel Online Special Report Marcus Hotels and Resorts Opens the Company-owned Hilton Madison Monona Terrace in Madison, Wis. MILWAUKEE - Feb. 26, 2001-- Marcus Hotels and Resorts, a division of The Marcus Corporation (NYSE:MCS - news), today announced the opening of its newest company-owned location, the Hilton Madison Monona Terrace in Madison, Wis. The 14-story, 240-room property will function as the Madison Monona Terrace Community and Convention Centers headquarters hotel. The Hilton Madison Monona Terrace is a truly unique hotel, said Lee Berthelsen, president and chief executive officer of Marcus Hotels...
January 30, 2001
Hotel Online Special Report Hawthorns New Ad Campaign Seeks to Create a Strong Association with Residence Inn as the #2 in the Upscale Extended-stay Market Hawthorn Suites; Proud To Be Number Two ATLANTA (Feb. 26, 2001) -- Stay at #2. Feel like #1. Thats the theme of Hawthorn Suites new ad campaign, which strives to launch the brand into prime position alongside the hospitality industrys upscale, extended-stay leader, Residence Inn. The message is clear, simple and strong, said Steve Hymans, Hawthorns vice president of marketing. Hawthorn is a solid #2 in numbers of properties to Residence ...
Starwood Reports Full Year 2000 REVPAR in North America Increased 11.0%, Total Revenues Increased 13%; Anticipates Selling CIGA Portfolio in 2001 / Fe
January 30, 2001
Hotel Online Special Report Starwood Reports Full Year 2000 REVPAR in North America Increased 11.0%, Total Revenues Increased 13%; Anticipates Selling CIGA Portfolio in 2001 Full Year Diluted EPS Rises 27% to $1.96 WHITE PLAINS, N.Y., Feb. 8, 2001 - Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) (Starwood or the Company) today reported record results for the fourth quarter and full year 2000. Fourth Quarter and Full Year Financial Highlights Fourth quarter diluted EPS from continuing operations increased 25% to $0.64 when compared to pro forma comparable diluted EPS of $0.51 for the sam...
HFTP® Now Accepting Nominations for Hospitality Technology Hall of Fame/ Feb 2001
January 30, 2001
Hotel Online Special Report HFTP® Accepting Nominations for Hospitality Technology Hall of Fame HFTP and the AH&MA Participate in Board Member Exchange AUSTIN, TEXASFebruary 20, 2001 Nominations are now being accepted for the Hospitality Financial and Technology Professionals (HFTP) International Hospitality Technology Hall of Fame, HFTPs highest level of recognition in the area of technology. Since the inception of the HFTP International Hospitality Technology Hall of Fame in 1989, 20 individuals have been recognized for their contributions to the hospitality industry at HITEC®, (Hospitality Industry Techno...
Two Conferences Designed for Hotel Controllers Scheduled by Hospitality Financial and Technology Professionals / Feb 2001
January 30, 2001
Hotel Online Special Report Two Conferences Designed for Hotel Controllers Scheduled by Hospitality Financial and Technology Professionals To Discuss Current Industry Issues February 7, 2001, AUSTIN, TEXAS Hospitality Financial and Technology Professionals will host two conferences specifically designed for hotel controllers. The same two-day conference will be held on separate dates, in different locations to offer better convenience to attendees. The conferences are scheduled for: March 2627, 2001 at the Embassy Suites in Ft. Lauderdale, Fla., and April 2324, 2001 at the Doubletree Hot...
January 30, 2001
Hotel Online Special Report Harrahs Entertainment Reports Year 2000 Loss Caused by JCC Holding and National Airlines Bankruptcies LAS VEGAS, Feb. 7, 2001 - Harrahs Entertainment, Inc. (NYSE: HET), the leading consumer marketing company in the gaming industry, today reported a loss per share of (10) cents for the year-ended December 31, 2000, compared with earnings of $1.62 per diluted share in the year-ago period. As previously reported, the companys 2000 results included the following restructuring and other special charges, which were recorded in the fourth quarter: Reserves of $220 million...
The Grand America Hotel Installs a $1.4 million Central Laundry for 1,625 Guest Rooms / Feb 2001
January 30, 2001
Hotel Online Special Report The Grand America Hotel Installs a $1.4 million Central Laundry for 1,625 Guest Rooms SALT LAKE CITY, Feb. 14, 2001 - The Grand America Hotel, a luxury hotel in downtown Salt Lake City scheduled to open in March 2001, has installed a 23,000 square-foot, high-tech centralized laundry operation that will service not only The Grand America, but also its adjacent sister property, the Little America Hotel and Towers. This state-of-the-art laundry facility will provide first-class, same day laundry and dry-cleaning services to guests in the 1,625 guest rooms of the two hotels. The Gr...
A Five-star Gran Meliá Roma Planned for an Ancient 16th Century Palace in Rome / Feb 2001
January 30, 2001
Hotel Online Special Report A Five-star Gran Meliá Roma Planned for an Ancient 16th Century Palace in Rome February 2001 - After the adjudication process held by the company Sant Onofrio SRL, with several of the worlds major hotel companies taking part, Sol Meliá has been chosen to lease and operate the Gran Meliá Roma, an exclusive luxury hotel with a magnificent location in the historical centre of the Italian capital, very near the Castello de Sant Angello and the Vatican. The five-star deluxe Gran Meliá Roma will be in an ancient 16th. century palace and will provide, amongst other facilities, 140 luxur...
Gerard Dumont Named Vice President at Benchmark; Retains Title as GM of Lansdowne Resort / Feb 2001
January 30, 2001
Hotel Online Special Report Gerard Dumont Named Vice President at Benchmark; Retains Title as GM of Lansdowne Resort THE WOODLANDS, TEXAS, January 30, 2001 Benchmark Hospitality has announced the promotion of Gerard (Jerry) Dumont to vice president. He will also retain his title as general manager of Lansdowne Resort, a 305-guestroom property located in Leesburg, Virginia, just outside Washington, DC. Lansdowne Resort is Benchmarks East Coast flagship property. Sam Haigh, chief operating officer for Benchmark, made the announcement. In each position of increasing responsibility within the Benchmark organizat...
Accor Planning to Expand the Budget Formule 1 Network to 20 hotels by 2002 in Australia; Motel Formule 1 Brisbane Airport Opens / Feb 2001
January 30, 2001
Hotel Online Special Report Accor Planning to Expand the Budget Formule 1 Network to 20 hotels by 2002 in Australia; Motel Formule 1 Brisbane Airport Opens 19 February 2001: As Brisbane Airport prepares for major expansion, the first Formule 1 motel in Queensland is today opening its doors. Comprising 93 rooms, the motel is located in the Airport Gateway estate in Hendra, near the race course and just 15 minutes from the city centre. The new budget motel will greatly enhance plans by Brisbane Airport chiefs to build a city within a city around the airport. Formule 1 has revolutionised budget travel, providi...
The Fairmont San Francisco Completes $85 Million Restoration / Feb 2001
January 30, 2001
Hotel Online Special Report The Fairmont San Francisco Completes $85 Million Restoration SAN FRANCISCO - Feb. 8, 2001-- The Fairmont San Francisco, which has hosted every American president since William Howard Taft as well as showcased the 20th centurys greatest entertainers in its legendary Venetian Room, will commemorate its $85 million restoration with a gala featuring eight-time Grammy Award-winning vocalist Natalie Cole and Tony Award-winning actor Michael Crawford, who played the lead in The Phantom of the Opera, on February 9, 2001. Nat King Cole performed in The Venetian Room in the 1950s ...
Fairmont Hotels Parent Company, Canadian Pacific Hotels, Acquires Control of the Kea Lani Resort in Wailea, Maui / Feb 2001
January 30, 2001
Hotel Online Special Report Fairmont Hotels Parent Company, Canadian Pacific Hotels, Acquires Control of the Kea Lani Resort in Wailea, Maui Toronto, Canada, February 1, 2001 Fairmont Hotels & Resorts today announced that its parent company, Canadian Pacific Hotels, has acquired control of the renowned Kea Lani Resort in Wailea, Maui from Kea Lani Limited Partnership. The intention is to re-flag the property The Fairmont Kea Lani Maui in the second quarter of 2001. Charles M. Sweeney, Chairman of Trinity Investment Trust L.L.C., managing general partner of the Kea Lani Limited Partnership said, We have...
Day Hospitality Group Oversees a $500,000 Renovation Converting a Fairfield Inn to a Fairfield Inn & Suites / Feb 2001
January 30, 2001
Hotel Online Special Report Day Hospitality Group Oversees a $500,000 Renovation Converting a Fairfield Inn to a Fairfield Inn & Suites ATLANTA (February 16, 2001) - Day Hospitality Group opened 18 suites at its Fairfield Inn hotel in Midtown and officially converts it to a Fairfield Inn and Suites by Marriott yesterday. The Fairfield Inn & Suites marks the first of its brand in Georgia and the fifth in the USA. Reflecting an increased interest in Midtown Atlanta, investors poured more that half a million dollars into the existing Fairfield Inn to renovate and upgrade it. Midtown Atlanta is a hot market, said...
Worldwide RevPAR Grows 9.5% for 39 Four Seasons Hotels During 2000 / Feb 2001
January 30, 2001
Hotel Online Special Report Worldwide RevPAR Grows 9.5% for 39 Four Seasons Hotels During 2000 Summary of Hotel Operating Data, Year 2000 Reports Record Earnings For 2000 TORONTO - Feb. 15, 2001-- Four Seasons Hotels Inc. (NYSE:FS) (TSE:FSH.) today reported its fourth quarter 2000 and year-end results for the year ended December 31, 2000. Net earnings for the quarter ended December 31, 2000 increased 13.6 % to $38.5 million ($1.11 basic earnings per share), as compared to $33.9 million ($0.98 basic earnings per share) for the quarter ended December 31, 1999. For the year ended December 31, 2000, net earnings incre...
FELCOR FINISHES 2000 with FFO UP 12.6% to $4.29 / Feb 2001
January 30, 2001
IRVING, Texas February 6, 2001 - FelCor Lodging Trust Incorporated (NYSE: FCH), the nations second largest hotel real estate investment trust (REIT), today announced that fourth quarter 2000 Funds From Operations ("FFO") totaled $62.4 million, or $0.94 per share, compared to the fourth quarter 1999 of $63.8 million, or $0.87 per share. This is an 8.0% increase on a per share basis. FelCors fourth quarter FFO results exceeded current analyst consensus estimates by $0.03 per share or 3.3%. Year ended December 31, 2000 FFO totaled $288.6 million, or $4.29 per share, as compared to $286.9 million, or $3.81 per share, for 1999, repre...
January 30, 2001
Hotel Online Special Report $3 million Renovation and New Name Set for Seattles Pacific Plaza Hotel SEATTLE - Feb. 15, 2001 -- Seattles Pacific Plaza Hotel made two major announcements today. First, Pacific Plaza Associates will invest over $3 million in Phase One of a major renovation project. General Manager, Dan Spurgeon, said, While our guests come from two different segments, business and leisure, they share the desire to get away from the chrome and glass look of the large chain hotels and enjoy instead a unique, boutique experience which combines state-of-the-art amenities like data ports and voice mail with ...
Increased Tourism Arrivals Help European Hotels Achieve Double-Digit Yield Growth / Feb 2001
January 30, 2001
Hotel Online Special Report Increased Tourism Arrivals Help European Hotels Achieve Double-Digit Yield Growth London- February 26, 2001- Arthur Andersen, the global professional services firm, today announced year-end 2000 trading performance data for Europe. The European hotel industry turned in another robust performance in 2000, with all markets reported on in the Arthur Andersen Hotel Industry Benchmark Survey recording positive rooms yield growth, when measured in euros. Rooms yield growth was all the more remarkable as nearly 70 percent of cities surveyed achieved double digit growth. In general terms, all h...
January 30, 2001
Hotel Online Special Report 15 Embassy Suites Hotels Earn Top Quality Assurance and Customer Satisfaction Scores in Brands Balanced Scorecard Results for Year 2000 MEMPHIS, Tenn. - Feb. 20, 2001- As part of the Balanced Scorecard program to measure quality assurance and customer satisfaction at Embassy Suites Hotels®, 15 Embassy Suites Hotels earned the highest scores among all 142 participating properties for the year 2000. While all of the Embassy Suites Hotels continually provide excellent service and product and are committed to exceeding our guests expectations on a consistent basis, we are delighted to re...
Ernst & Young Creates University Hotel Development Service / Feb 2001
January 30, 2001
Hotel Online Special Report Ernst & Young Creates University Hotel Development Service NEW YORK - Feb. 9, 2001 -- Ernst & Young LLPs Hospitality Services Group, announced the formation of a dedicated University Hotel Development Service to help universities and colleges that are considering the development of on-campus hotels. The announcement was made by M. Chase Burritt, National Director of the Practice. Today, many universities and colleges are faced with fierce competition for prospective students and tuition dollars, said Chase Burritt. Also, these same universities and colleges are pressured t...
Value Enhancement Fund IV, L.P. Purchases the 636 Room Doubletree National Airport in Arlington, Virginia / Feb 2001
January 30, 2001
Hotel Online Special Report Value Enhancement Fund IV, L.P. Purchases the 636 Room Doubletree National Airport in Arlington, Virginia New York, NYFebruary 1, 2001 -- Sonnenblick-Goldman Company, acting as exclusive advisor to Arlington Hotel Co., has arranged the sale of the Doubletree National Airport in Arlington, Virginia. Value Enhancement Fund IV, L.P., a Georgia limited partnership, purchased the 636-key hotel. The strength and diversity of the Washington, D.C. economy, coupled with the expanded National Airport, the addition of the new Convention Center and many area leisure attractions, bodes well for the...
Dolce and DLJ Real Estate Capital Partners Acquire the Skamania Lodge in Washington; Plan $15-million Expansion / Feb 2001
January 30, 2001
Hotel Online Special Report Dolce and DLJ Real Estate Capital Partners Acquire the Skamania Lodge in Washington; Plan $15-million Expansion MONTVALE, NEW JERSEY (February 22, 2001). Skamania OPCO, LLC a partnership between leading conference center company Dolce International and DLJ Real Estate Capital Partners, has purchased Skamania Lodge, a 195-room conference resort in Stevenson, Washington. Andrew Dolce, Chairman and Chief Executive Officer of Dolce International, said After four and a half years of managing Skamania Lodge, we are fortunate to partner with DLJ Real Estate Capital Partners in acquiring this pro...
Indicators Reflect an Increase in Denver Tourism in 2000 / Feb 2001
January 30, 2001
Hotel Online News for the Hospitality Executive Indicators Reflect an Increase in Denver Tourism in 2000 By Jason Blevins, The Denver Post Knight Ridder/Tribune Business News Feb. 22--For the first time in five years, metro-area hotel occupancy increased last year. A study of tourism in the Denver area revealed that hotel occupancy in the Denver area was up 8.5 percent in the last three months of 2000 and up a total of 6.2 percent for the year. Since 1995, the area's hotels have reported decreases in annual occupancy, mostly due to the increase in the number of hotel rooms. "The resiliency of the Denver market h...
Sol Meliá Appoints Yoot Danphakdikul to General Manager of Sol Twin Towers in Bangkok, Thailand / Feb 2001
January 30, 2001
Hotel Online Special Report Sol Meliá Appoints Yoot Danphakdikul to General Manager of Sol Twin Towers in Bangkok, Thailand Singapore, 26th February 2001 - Leading European hotel chain Sol Meliá today announced the appointment of Mr. Yoot Danphakdikul as the new General Manager and the promotion of Ms Supawan Tanomkieatipume to Executive Assistant Manager of Sol Twin Towers in Bangkok, Thailand. Prior to his appointment as General Manager for Sol Twin Towers, Mr. Danphakdikul was the Financial Controller and Acting General Manager for Sol Twin Towers. Mr. Danphakdikul brings to the post more than 25 years experience,...
