Grand Rapids Superior Hospitality, Inc. Acquries the Lexington Hotel Suites – Grand Rapids, MI for $4,700,000 or $38,843 per Room / Sept 2000

March 30, 2000

Hotel Online Special Report Grand Rapids Superior Hospitality, Inc. Acquries  the  Lexington Hotel Suites - Grand Rapids, MI  for $4,700,000 or $38,843 per Room  CHICAGO ­ September 12, 2000  -- Hotel Source, Inc. completed the sale of the 121-suite  Lexington Hotel Suites - Grand Rapids, Michigan.  The hotel was purchased by Grand Rapids Superior Hospitality, Inc., a Michigan based private partnership and was sold by Property Corporation of America. The hotel will be managed by the new Owner.  The sale was handled with the assistance of Steve Marx of Hotel Source, Inc.  The hotel was sold for $4,700,000 or $38,84...

Harveys Casino Hotel in Council Bluffs, Iowa Provides Substantially Increased Profits for Harveys Casino Resorts / Sept 2000

March 30, 2000

Hotel Online Special Report Harveys Casino Hotel in Council Bluffs, Iowa  Provides Substantially Increased Profits  for Harveys Casino Resorts LAKE TAHOE, Nev., Sept. 25, 2000 - Chuck Scharer, president and chief executive officer of Harveys Casino Resorts, today announced record revenues and EBITDA for the third quarter and nine months ending August 31, 2000. This marks the 23rd consecutive quarter with an increase in net revenues and EBITDA over the same quarter in the previous year. For the fiscal quarter ended August 31, 2000, the Company achieved record third quarter EBITDA (operating income, excluding non-recurring ...

March 30, 2000

Hotel Online Special Report    Harrah’s Data Warehousing Maximizing the Value of Each Customer Relationship; Receives Data Warehousing Institute Award LAS VEGAS, Sept. 6, 2000 - Harrah’s Entertainment, Inc.  (NYSE: HET) announced today it has received the prestigious 2000 Leadership in Data Warehousing Award from the Data Warehousing Institute (TDWI) in recognition of the highly successful Total Rewards customer-loyalty program. The award recognizes Harrah’s Entertainment as a world leader in the area of data warehousing, and is the company’s second such award this year; in July, the TDWI presented Harrah’s wi...

HVS Launches Technology Strategies Division / Sept 2000

March 30, 2000

Hotel Online Special Report HVS Launches Technology Strategies Division HVS Technology Strategies  performs "technology due diligence"  on behalf of hotel owners, developers, and operators September 18, 2000 - HVS International is pleased to announce the launch of a new division: HVS Technology Strategies, based in Boulder, Colorado, offering innovative and practical technology solutions for a new lodging environment.  “By combining our operational and financial hospitality expertise with a technology focus, we are expanding our unique position as the largest hospitality-specific consulting firm,” says HVS Boulder Ma...

March 30, 2000

Hotel Online Special Report advertisement What’s Hot and What’s Not in Eastern Canadian Hotel Markets The Canadian Lodging Outlook is a joint monthly publication of Smith Travel Research and HVS International, Vancouver and Toronto, Canada Canadian Lodging Outlook -  June 2000; By: Lorenzo Palumbo The Canadian hotel market is continuing its positive operating performance. The average room rate is up 5.9%, as of June 2000, with a slight decrease in occupancy from 59.9% to 59.2%. These mid-year results are encouraging, given the lower occupancies experienced across the country for the first few months of the ...

$2.4 Billion (36%) Decrease in Casino Development Since 1999 / Sept 2000

March 30, 2000

Hotel Online Special Report advertisement $2.4 Billion (36%) Decrease in Casino Development Since 1999 /  2000 HREC Annual Casino Development Survey Denver, Colorado - September 8, 2000 -  As of September 1, 2000, $4.3 billion in non-Indian casino development is currently under construction or slated for imminent development in the United States, an approximate 36% or $2.4 billion decrease from last year in terms of development cost.  This is just one of the highlights from the 2000 HREC Annual Casino Development Survey, a study completed by Hospitality Real Estate Counselors, Inc. (“HREC”). Additional hig...

Hilton Hotels Corporation Adds More New Hotel Rooms in the Mid-scale and Upscale Segments During First Half of 2000 Than Any Other Hospitality Company

March 30, 2000

Hotel Online Special Report Hilton Hotels Corporation Adds More New Hotel Rooms  in the Mid-scale and Upscale Segments During  First Half of 2000 Than Any Other  Hospitality Company BEVERLY HILLS, Calif. - Sept. 25, 2000 -- Hilton Hotels Corporation (NYSE:HLT), today announced that the company, through its highly regarded family of brands — Hampton Inn, Hampton Inn & Suites, Embassy Suites Hotels, Homewood Suites by Hilton, Hilton Garden Inn, Hilton and Doubletree hotels — added more new hotel rooms in the mid-scale and upscale segments in the first half of 2000 than any other hospitality company, according to indust...

Johnson & Wales University Now Offers Degree with Emphasis in Golf Management / Sept 2000

March 30, 2000

Hotel Online Special Report Johnson & Wales University Now Offers Degree  with Emphasis in Golf Management  NORTH MIAMI, Fla. - Sept. 6, 2000 --This fall registration marks the launch of Johnson & Wales University’s bachelor degree in Sports/Entertainment/Event Management with a concentration in Golf Management. “We are extremely pleased,” said Dr.  Donald G. McGregor, president of the Florida Campus. “Already we have over 40 students enrolled in the program that we developed this January. As America’s Career University®, we research and design programs of study to parallel what industry is lacking. Studies sh...

Former Sunterra VP, Gary Hyde, Appointed as Regional Vice President for Shell Hospitality Group, Inc. / Sept 2000

March 30, 2000

Hotel Online Special Report Former Sunterra VP, Gary Hyde, Appointed as Regional Vice President for Shell Hospitality Group, Inc. NORTHBROOK, IL—September 11, 2000 -- A  resort property management executive with nearly two decades of experience has recently been selected as Regional Vice President for Shell Hospitality Group, Inc. In his new position, Gary Hyde serves as a Regional Vice President of operations and business development for the Northbrook, Illinois-based hotel and resort management company. His areas of responsibility include fiscal and site operations for the 357-unit Inn of Chicago hotel and the 172...

GHS Global and LodgCon Team Up To Provide Technology Solution for Small and Mid-Size Hotels / Sept 2000

March 30, 2000

Hotel Online Special Report GHS Global and LodgCon Team Up To Provide Technology Solution for Small and Mid-Size Hotels SAN FRANCISCO, CA and ATLANTA, GA – September 21, 2000 - GHS Global Inc. ,a provider of integrated e-property management software for small to mid-size hotels, and LodgCon, Inc., experts in hospitality technology consulting and on-site implementation, have agreed to mutually represent each company’s products and services in the small to mid-size hotel sector.  The alliance represents a consolidation of industry experience and leading-edge technologies and services that will enable properties to understan...

What Is Your Optimum AAA Rating / Harry Nobles / Aug 2000

March 30, 2000

Hotel OnlineSpecial Report The Future of AAA Ratings  E-mail:  hospsvc001@aol.com September 2000 - What is the future of the AAA Diamond Ratings system?  How long will on-site physical inspections and service evaluations continue to be a part of the ratings process?  AAA has rated lodgings and restaurants since 1963;  the current one to five-diamond  ratings system began in 1977. Four and five-diamond rating have always been based on the results of an overnight service evaluation of lodgings and a dining experience at restaurants.  In the instantaneous, electronic, on-line age of the 21st century, is this “ol...

Accor Takes over Fortland Hotel Group's Porfolio of Seven Australian Hotels / Sept 2000

March 30, 2000

Hotel Online Special Report Accor Takes over Fortland Hotel Group's Porfolio  of Seven  Australian Hotels 19 September 2000:  Australia’s largest hotel group, Accor, is to add seven hotels in key centres in Queensland and the Northern Territory, when it takes over the leases and management contracts of hotels that are currently part of the Fortland Hotel Property Trust.  Accor will take over leases on six hotels: Fortland Burke & Wills and Outback Motor Inn in Mt Isa;  Fortland Leichardt Hotel in Rockhampton;  Fortland Burke & Wills Hotel in Toowoomba;  Fortland Four Dice Hotel in Mackay;  and F...

Sol Melia Increases its Ski Resort Portfolio with the Melia Formigal in Huesca, Spain / Sept 2000

March 30, 2000

Hotel Online Special Report Sol Melia Increases its Ski Resort Portfolio with the  Melia Formigal in Huesca, Spain  September, 2000 - The hotel company Sol Meliá has taken another step towards the diversification of its hotel portfolio with the incorporation of the Meliá Formigal, the company’s fifth ski resort property. The hotel is a first for the company in the Spanish province of Huesca. It is owned by the real estate company IZAS 2002 and will be managed by Sol Meliá. Located in the popular Spanish ski resort of Formigal, the hotel is scheduled to open in October 2002. The Meliá Formigal will initially open wit...

Foresthills Hotels and Resorts Partners to Acquire Days Inn in Atlanta; Planning $22million Restoration into Small Luxury Hotel; Company Has Ten Hotel

March 30, 2000

Hotel Online Special Report Foresthills Hotels and Resorts Partners to Acquire  Days Inn in Atlanta; Planning $22 million Restoration  into Small Luxury Hotel Company Has Ten Hotels and Resorts Operating or Under Development DALLAS – August 22, 2000 - Atef Mankarios, Chairman and President of Foresthills Hotels and Resorts, announced today that it has partnered with several Atlanta-based companies for the purchase of the historic Days Inn Hotel in midtown Atlanta. The agreement was reached between Diversified Peachtree, Ltd., and a partnership made up of Crow Hospitality Investment Group of Atlanta, prominent hist...

Hostmark Hospitality Group Names Philippe Fontanelli General Manager of The Montauk Yacht Club / Sept 2000

March 30, 2000

Hotel Online Special Report Hostmark Hospitality Group Names Philippe Fontanelli General Manager of The Montauk Yacht Club  Montauk, New York, September 21, 2000-Hostmark Hospitality Group, one of the nation’s largest independent third party hospitality management firms, today announced the appointment of Philippe J. Fontanelli as General Manager of the newly renovated Montauk Yacht Club Resort and Marina, Montauk, New York.  In his new position Fontanelli will be responsible for the hotel’s daily operations as well as the property’s economic development and expansion. A 30-year veteran of the industry, Fontanelli bega...

FS/TEC 2000 Keynote Speakers Include Tom Giordano, Jack Vinchesi and Arthur Esch / Sept 2000

March 30, 2000

Hotel Online Special Report FS/TEC 2000 Keynote Speakers Include  Tom Giordano, Jack Vinchesi and Arthur Esch Rockville, MD — September 13, 2000 -- Dozens of outstanding speakers and panelists are scheduled for the Fifth Annual International Foodservice Technology Expo -- FS/TEC -- the foodservice industry’s largest technology show.  More than 250 exhibitors and over 4,000 restaurant operators, foodservice executives and others will attend this year’s show. The show will be held in Long Beach, Calif. November 5-8, 2000 at the Long Beach Convention and Entertainment Center, with a special bonus event on November 5.  K...

The Fifth Annual International Foodservice Technology Exposition / Sept 2000

March 30, 2000

Hotel Online Special Report   The Fifth Annual International  Foodservice Technology Exposition Long Beach Convention Center   Long Beach, CA November 5 - 8, 2000 The Premier Foodservice Technology e-Vent of the Year! Register Now September 7, 2000 - For technology-minded executives, there's no better show than FS/TEC, produced and managed by Nation's Restaurant News with Robert N. Grimes of CynterCorp. FS/TEC is 5 years old and this year’s exposition looks to be the best!  Within a short five years, FS/TEC has grown to be not only an outstanding educational conference, but also an exposition that is ...

March 30, 2000

Hotel Online Special Report advertisement FelCor Publishes One-of-a-kind Cookbook Proceeds Benefit the Company’s  Charity of Choice  IRVING, Texas…September 14, 2000 – FelCor Lodging Trust Incorporated (NYSE: FCH), one of the nation’s largest hotel real estate investment trusts (REITs), announced that it has published a 200-page cookbook, “Cooking The FelCor Way.”  Just off the press, the cookbook features 300 recipes submitted from FelCor-owned hotels around the country and the Company’s corporate office.  All proceeds from cookbook sales will benefit the Juvenile Diabetes Foundation (JDF), the Com...

Putting Leadership Back in the Executive Committee / HVS International/The Ference Group / Sept 2000

March 30, 2000

Hotel Online Special Report Putting Leadership Back in the  Executive Committee By Gene Ference, Ph.D. / HVS International/The Ference Group / September 2000 Ask hoteliers how many guests they can afford to leave dissatisfied and the answer seems to be a no-brainer: none. But ask a hotel’s inside customers—its employees—the same question and it changes to how many staff members can a hotelier afford who are dissatisfied or display poor attitude. Most executives would again say none, mainly because little data is available to measure dissatisfaction or identify and gauge the critical areas of communications, teamwork, m...

Everest Broadband Networks Strategy for Hotel Industry: Not Giving Away Internet Access / Sept 2000

March 30, 2000

Hotel Online Special Report Everest Broadband Networks Strategy for Hotel Industry: "Not" Giving Away Internet Access FORT LEE, N.J., September 18, 2000--Everest Broadband Networks, a provider of high-speed Internet access and broadband services to hotels, commercial and residential buildings, has selected Atreus Systems Corporation, a Santa Clara, Calif.-based pioneer in broadband service creation solutions, as the IP service delivery platform for Everest-served hotel properties.  “The selection of the Atreus Systems’ platform follows an exhaustive search,” said Dayna L. Kully, vice president of the Everest Hospitality ...

Hoteliers Named to E-site Marketing Advisory Board / Sept 2000

March 30, 2000

Hotel Online Special Report Hoteliers Named to E-site Marketing Advisory Board Washington D.C. (September 1, 2000) – E-site Marketing, the first Internet marketing company to exclusively target the hospitality industry, has reached out to top executives, including hoteliers and educators, and leaders in advertising, sales and web design to form its advisory board.  “We wanted our advisory board to reflect the diversity of the services, and the quality of the products that E-site Marketing provides to its clients,” said Felix Laboy, President, E-site Marketing.  The advisory board is regularly consulted upon to dis...

Environmental Survey Shows Growing Importance Of Environment For Hotel Guests / Sept 2000

March 30, 2000

Hotel Online Special Report Environmental Survey Shows Growing Importance  of Environment for Hotel Guests 12 September 2000: Reflecting Sydney Olympic Park’s commitment to a ‘Green Games’, Accor’s Novotel and Hotel Ibis Homebush Bay have recently completed a comprehensive survey ascertaining the impact of environmental initiatives on hotel guests and how, if at all, they affect the guest experience.  The Novotel and Ibis Homebush Bay are the first-ever hotels to be built in an Olympic Park and they are also the first hotels in Australia to have their environmental management systems recognised by being awarded I...

Starwood Outsources Energy Management to Enron; Seeking $200 Million in Energy Costs Savings Over the Next Decade / Sept 2000

March 30, 2000

Hotel Online Special Report    Starwood Outsources Energy Management to Enron: Seeking $200 Million in Energy Costs Savings  Over the Next Decade HOUSTON, Sept. 6, 2000 - Enron Energy Services, a subsidiary of Enron Corp. (NYSE: ENE), and Starwood Hotels & Resorts Worldwide, Inc.  (NYSE: HOT), one of the largest hospitality companies in the world, today announced a ten-year energy management agreement.  The agreement covers Westin, Sheraton, St. Regis, Luxury Collection, Four Points and W hotels in North America, and is valued in excess of  $1 billion over the ten-year period. Through this agreement, Enron wi...

Elscint Acquires The Sherlock Holmes Hotel in London; Intends to Refurbish and Operate under the Park Plaza Tradename / Sept 2000

March 30, 2000

Hotel Online Special Report    Elscint Acquires The Sherlock Holmes Hotel  in London;  Intends to Refurbish and Operate under  the "Park Plaza" Tradename HAIFA, Israel, Sept. 5, 2000 - Elscint Ltd. (NYSE: ELT), a subsidiary of Elbit Medical Imaging Ltd. (Nasdaq: EMITF), today announced that on September 1st, 2000, a Dutch company in which its wholly owned subsidiary, BEA Hotels NV, holds a 45 percent interest, has entered into an agreement for the acquisition of the long term lease rights in and to the Sherlock Holmes Hotel situated on Baker Street in London. The remaining shareholders in the Dutch purchasing ...