Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
Agua Caliente Casino in Rancho Mirage, Calif. Obtains $70 million Debt Financing Arranged by Miller & Schroeder / Sept 2000
March 30, 2000
Hotel Online Special Report Agua Caliente Casino in Rancho Mirage, Calif. Obtains $70 million Debt Financing Arranged by Miller & Schroeder PALM SPRINGS, Calif., and MINNEAPOLIS, Sept. 21, 2000 - The Agua Caliente Band of Cahuilla Indians and Miller & Schroeder Financial, Inc., jointly announced today that they have closed a $70 million debt financing transaction to support the completion and opening of a new casino to be operated by the Agua Caliente Band in Rancho Mirage, Calif. The new financing adds to the more than $1 billion in Indian gaming finance transactions that have been completed by Miller & Schroeder, inc...
Accor Economy Lodging Participating in EPA's Voluntary Water Conservation Program / Sept 2000
March 30, 2000
Hotel Online Special Report Accor Economy Lodging Participating in EPA's Voluntary Water Conservation Program Company expects to save more than 800 million gallons of water annually DALLAS - Sept. 6, 2000 -- Amidst a record-breaking drought characterized by more than 68 consecutive days without rain in the Dallas/Fort Worth Metroplex, Dallas-based Accor Economy Lodging (AEL) today signed an official agreement with the United States Environmental Protection Agency (EPA) to join its voluntary water conservation program. By participating in WAVE (Water Alliances for Voluntary Efficiency), AEL estimates its prope...
Accor Enjoys Sharp Increase in First Half 2000 Results / Sept 2000
March 30, 2000
Hotel Online Special Report Accor Enjoys Sharp Increase in First Half 2000 Results Paris - September, 27, 2000 Accor First Half 2000 Results (EUR million) H1 99 H1 00 Change Consolidated Sales 2,854 3,316 + 16.2% EBITDAR 683 851 + 24.6% Total Income from Operations 239 326 + 36.1% Net Income, Group Share 155 196 + 26.9% Higher Results and Profitability Consolidated Sales rose by 20.7% excluding disposals and currency impact. Of this total, 14.8% reflects new business development (notably the acquisition of Red Roof Inns in the US in July 1999). EB...
The Acapulco CVB Reports Hotel Occupancy Up More than 4% Over Last Year / Sept 2000
March 30, 2000
Hotel Online Special Report The Acapulco CVB Reports Hotel Occupancy Up More than 4% Over Last Year ACAPULCO, Mexico, Sept. 19, 2000 - The Acapulco Convention and Visitors Bureau (ACACVB) announced today that SECTUR confirmed Acapulco has experienced more growth than any other beach destination in Mexico over the past six monthsand the trend is expected to continue. The ACACVB attributes the increase in hotel occupancy to added direct flights from cities throughout the U.S. and internationally, and to ongoing investments that provided for development of new hotels, attractions and upgrades to existing properties. Says...
LASV Enterprises, Inc. to Acquire the Acapulco Plaza Resort; Consolidates As An Integrated Vacation Company / Sept 2000
March 30, 2000
Hotel Online Special Report LASV Enterprises, Inc. to Acquire the Acapulco Plaza Resort LASV Consolidates As An Integrated Vacation Company HOUSTON, Sept. 15, 2000 - LASV Enterprises, Inc. (OTC Bulletin Board: LSVE), announced it is in final negotiations to acquire the Acapulco Plaza Beach Resort in Acapulco, Mexico. The resort consists of a hotel tower with 506 rooms, a shopping mall and twin condominium towers with 502 condominium suites. The complex has five restaurants, a ballroom, conference rooms, a pool club, tennis courts and is located in central Acapulco Bay, considered the most beautiful beach in Mexico ...
American Resort Development Association Appoints Fifteen New Committee Members / September 2000
March 30, 2000
Hotel Online Special Report American Resort Development Association Appoints Fifteen New Committee Members Washington, D.C. August 31, 2000 -- Following an intensive search and recruitment effort, the American Resort Development Association (ARDA) has assembled a group of high-level members to serve on its Membership Development Committee for 2000/2001. Upon the term expirations of the highly effective previous committee, Chairman Joel Lazar RRP sought fifteen volunteers for the new committee. Each of these individuals posses the specific experience and expertise to meet the challenge of producing over $2 milli...
American Real Estate Partners, L.P. Acquiring Interest In Stratosphere Hotel & Casino; Will Complete the Addition to the Hotel / Sept 2000
March 30, 2000
Hotel Online Special Report American Real Estate Partners, L.P. Acquiring Interest In Stratosphere Hotel & Casino; Will Complete the Addition to the Hotel MOUNT KISCO, N.Y., Sept. 19, 2000 - American Real Estate Partners, L.P., (NYSE: ACP) (AREP) announced today that it has agreed with Carl C. Icahn and Stratosphere Corporation, (Stratosphere) which owns and operates a hotel and casino in Las Vegas, to acquire the remaining shares of Stratosphere that AREP does not currently own. AREP currently owns approximately 51% of Stratosphere and Mr. Icahn owns approximately 38.6%. Stratospheres Board of Direc...
March 30, 2000
Hotel Online Special Report Instill Raises Financing of $71.8 million to Target Foodservice Industrys e-business REDWOOD CITY, Calif.- June 27, 2000 -- Instill Corporation, a leading provider of e-business services for the $376 billion foodservice industry, today announced it has raised $25.6 million in the first closing on its mezzanine round of financing, bringing Instills total financing raised to date to $71.8 million. A premier group of institutional investors and partners participated in this round, including lead investor Octane Capital Management and Instill customers Procter & Gamble and Applebees...
Hyatt International Hotels Installing inter-touch in Pacific Region; 2,773 Guest Rooms / July 2000
March 30, 2000
Hotel Online Special Report Hyatt International Hotels Installing inter-touch in Pacific Region; 2,773 Guest Rooms Sydney, 4 July 2000 - Guests at Hyatt International Hotels throughout the Pacific region will have high-speed access to the Internet and other advanced office technologies, under an agreement signed by the hotel chain with inter-touch, a leading global provider of Internet and broadband services for mobile Internet users and business travellers. The partnership will see nine Hyatt International Hotels install inter-touch in all 2773 guest rooms and 58 meeting rooms, allowing travellers to connect ...
iSeatz.com and DineOnline.com Team Up; Making Jobs Easier for Hotel Restaurants / July 2000
March 30, 2000
Hotel Online Special Report iSeatz.com and DineOnline.com Team Up; Making Jobs Easier for Hotel Restaurants New Orleans, LA June 22, 2000 iSeatz.com, the premier online restaurant reservation network and DineOnline.com, the foremost restaurant portal, announced a strategic alliance that will position iSeatz.com as reservations provider on the DineOnline site. DineOnline is an online meeting place for restaurants and their customers. The integrated functionality of the two sites will enable consumers who peruse DineOnline.com to order take-out and delivery, purchase gift certificates and now make free,...
March 30, 2000
Hotel Online Special Report hsupply.com Depolys 80 Properties On its e-procurement Site During June; Named to Forbes.coms First Best of The Web: B2B Guide ATLANTA, June, 30, 2000 -- In Forbes.coms first annual Best of The Web: B2B guide, their team of editors have handicapped some B2B companies and picked 200 of the most promising and competitive in 25 industries, one of which is hospitality and travel. hsupply.com, a leading e-procurement company, made the cut. Each company was judged on its strategy, its execution, its financial staying power and its web site. And its no surprise that hsupply was hig...
Hospitalitygoods.com Launches Procurement Network for Hospitality Industry; Sourcing Directly from Manufacturers / July 2000
March 30, 2000
Hotel Online Special Report Hospitalitygoods.com Launches Procurement Network for Hospitality Industry; Sourcing Directly from Manufacturers LOS ANGELES - June 28, 2000 -- Hospitalitygoods.com, a new company that promises to value engineer the e-commerce fulfillment gap, has been founded by principals who own hotels in both Asia and the United States and manufacturing facilities worldwide. We know that hotel operators are constantly searching for hospitality-related durable goods at best values both in terms of price and quality, said John Wong, one of the founders of hospitalitygoods.com. Hospitalityg...
The Travel Industry Comes Together for Annual Meeting to Discuss E-Commerce / July 2000
March 30, 2000
Hotel Online Special Report The Travel Industry Comes Together for Annual Meeting to Discuss E-Commerce July 12, 2000 - The Sheraton Buckhead, Atlanta is the setting for the second annual E-commerce for Travel USA conference and exhibition to be held on September 11-12 this year (www.eyefortravel.com). Hundreds of attendees are expected to congregate to hear from over 70 top-class speakers, representing Americas biggest agencies and travel suppliers such as, United Airlines, American Express, Bass Hotels and Resorts, Delta Air Lines, Uniglobe, British Airways, Starwood Hotels, TNT Vacations, GO.com (Disney...
Lee Zaczkowski, Owner of Timberlane Resort in Park Rapids, MN, Elected as Chairman of Hospitality Minnesota / July 2000
March 30, 2000
Hotel Online Special Report Lee Zaczkowski, Owner of Timberlane Resort in Park Rapids, MN, Elected as Chairman of Hospitality Minnesota ST. PAUL, Minn. - July 10, 2000 - Lee Zaczkowski, owner and operator of Timberlane Resort in Park Rapids, MN, has been elected to a one-year term as chairman of Hospitality Minnesota - Minnesota's Restaurant, Hotel & Resort Associations. Arnold J. Hewes, CAE, president and CEO of Hospitality Minnesota was re-elected as president of Hospitality Minnesota at the organization's annual meeting. Other Hospitality Minnesota officers elected to one-year terms include: Vice Preside...
March 30, 2000
Hotel Online Special Report Larry Ross, The Ahwhanees GM, Unveils Acclaimed Yosemite Vintners Schedule 19th Annual Yosemite Vintners Program Showcases 24 Prominent California Wineries YOSEMITE NATIONAL PARK, Calif., July 5, 2000 - The Ahwahnee hotel in Yosemite National Park has announced an impressive schedule of California wineries for its 19th annual Vintners Holidays program. The acclaimed series, which begins November 26 and continues through December 14, 2000, showcases the diversity and excellence of 24 prominent California vintners such as Silver Oak Wine Cellars, Ferrari-Carano Winery, ...
Oxford Capital Partners, Inc. Acquires Xerox Document University, a 951 room Conference Center in Leesburg, VA / July 2000
March 30, 2000
Hotel Online Special Report Oxford Capital Partners, Inc. Acquires Xerox Document University, a 951 room Conference Center in Leesburg, VA June 29, 2000 - Oxford Capital Partners, Inc. announced today that the Xerox Document University campus and conference center business, located in Leesburg, Va., has been purchased by WXIII Oxford-DTC Real Estate LLC, a partnership between Oxford Capital Partners Inc. and Goldman Sachs & Co.'s Whitehall Funds, from Xerox Corporation. The sale includes 951 guest rooms, the 110-acre grounds, three living/learning buildings comprising over 200,000 square feet of m...
Wyndham Joins GetThere B2B; Seeking Reduced Distribution Costs and Enhanced Compliance for Corporate Travel Buyers / July 2000
March 30, 2000
Hotel Online Special Report Wyndham Joins GetThere B2B; Seeking Reduced Distribution Costs and Enhanced Compliance for Corporate Travel Buyers MENLO PARK, Calif., July 11, 2000 - GetThere, Inc. (Nasdaq: GTHR - news), the leading provider of Internet-based business-to-business travel procurement systems, announced that Wyndham International, Inc. (NYSE: WYN - news) has joined the GetThere Supplier Network in the GetThere Marketplace. Wyndham joins an expanding roster of leading travel suppliers using the marketplace as a new platform for selling travel directly to a base of corporate travel buyers r...
Springer-Miller Systems Partners with WorldRes to Increase Internet Booking for Hotels, Resorts / July 2000
March 30, 2000
Hotel Online Special Report Springer - Miller Systems Partners with WorldRes to Increase Internet Booking for Hotels, Resorts Stowe, VT, July 5, 2000-Springer-Miller Systems is pleased to announce that they will be partnering with WorldRes.com to develop a connectivity solution between the WorldRes.com booking engine and SMS|World, Springer-Millers Systems module for internet booking capability that integrates directly into the SMS|Host Hospitality Management System. WorldRes.com is a business services company that distributes hotel information and provides reservations booking capability to leisure travelers ...
WorldRes.com Chosen by Forbes.com as a Best of the Web Company in the Hospitality and Travel Industry / July 2000
March 30, 2000
Hotel Online Special Report WorldRes.com Chosen by Forbes.com as a Best of the Web Company in the Hospitality and Travel Industry SAN MATEO, Calif., - June 29, 2000 - WorldRes.comTM, an online hotel distribution network for leisure travel, today announced that it has been named as one of Forbes.coms prestigious Best of the Web companies. WorldRes.com was one of just eight winners that Forbes.com recognized as the most promising business-to-business players in the hospitality and travel industry category. Each company was judged on its strategy, execution, financial staying power and web site. It is a...
WorldRes.com Expands Management Team and Its International Presence / July 2000
March 30, 2000
Hotel Online Special Report WorldRes.com Expands Management Team and Its International Presence SAN MATEO, Calif. - July 11, 2000 - WorldRes.comTM (www.worldres.com), an online hotel reservation network for leisure travel, today announced several new hires and promotions. Karen Aidem has been appointed Executive Vice President of Marketing for WorldRes.com. Aidem brings over 14 years of marketing and operations experience from prestigious companies such as Citibank, American Express and MobileComm. WorldRes.com has named Kimberly Ferris as Director of Investor Relations. Ferris will work closely with CFO ...
Ramesh and Lalita Dayal Open Best Inn in Woodland, Washington / July 2000
March 30, 2000
Hotel Online Special Report Ramesh and Lalita Dayal Open Best Inn in Woodland, Washington ATLANTA (July 7, 2000) - The Best Inns & Suites hotel chain continues to expand throughout the Western U.S. as Washingtons seventh Best Inn opens at 1500 Atlantic Street in Woodland. There are currently Best properties open in Ellensburg, Kent, Ritzville, Spokane and Vancouver (two), Wash. Our Best Inn will be one of a high quality, mid-priced hotel brand, and we look forward to providing the best hospitality, best breakfast and best value for the money, said Mike Chauhan, general manager of the property. The Woodlan...
Wingate Inns Outperforms Mid-market Competitive Set in Several Key Indicators as Reported by D.K. Shifflet / July 2000
March 30, 2000
Hotel Online Special Report Wingate Inns Outperforms Mid-market Competitive Set in Several Key Indicators as Reported by D.K. Shifflet PARSIPPANY, NJ (July 17, 2000) - After less than fours years of existence, Wingate Inn® hotels is making its mark on the hotel industry and consumers as the brand outperformed its mid-market segment competitive set in satisfaction, value and service as reported by D.K. Shifflet and Associates Ltd. According to just released statistics, 74% of all guests rated their satisfaction with the all-new construction brand as good or excellent as compared to only 59% for the overall mid-...
WestCoast Hospitality Corporation Enjoyed 5.9% RevPAR Growth During 2nd Qtr / July 2000
March 30, 2000
Hotel Online Special Report WestCoast Hospitality Corporation Enjoyed 5.9% RevPAR Growth During 2nd Qtr Hotel Statistics SPOKANE, Wash., July 25, 2000 - WestCoast Hospitality Corporation (NYSE: WEH) today reported results for the second quarter and six months ended June 30, 2000. Total revenues for the quarter climbed 18.1%, from $28.0 million in the second quarter of 1999 to $33.0 million in the second quarter of 2000, while the Company continued preparations to move forward under one hotel brand. During the quarter, the Company sustained favorable RevPAR (Revenues Per Available Room) growth of 5.9%. ...
The Aladdin and The Venetian Add Third-party Marketing and Reservations Provider, Utell, to Boost Worldwide Guest Traffic / July 2000
March 30, 2000
Hotel Online Special Report The Aladdin and The Venetian Add Third-party Marketing and Reservations Provider, Utell, to Boost Worldwide Guest Traffic SINGAPORE (July 14, 2000) Utell, the worlds largest third-party provider of representation, reservations and marketing services to the hotel industry, today announced it has entered the Las Vegas hotel market with the signing of three contracts. Utell will be providing representation and reservations services for The Venetian Resort-Hotel-Casino, The Aladdin Resort & Casino and Station Casinos, Inc. (NYSE: STN). Utell is one of several services recently acqu...
