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Earth Pledge Foundation Buys the Historic Hotel Easton; Renovation Will Focus on Environmental Technologies / July 2000
March 30, 2000
Hotel Online Special Report Earth Pledge Foundation Buys the Historic Hotel Easton; Renovation Will Focus on Environmental Technologies Easton, Pennsylvania, July 11, 2000 ---- Theodore W. Kheel, President of the Earth Pledge Foundation (EPF), announced today that EPF has agreed to buy the Hotel Easton (the Hotel) in the name of Easton Hotel Restoration, LLC (Restoration, LLC). EPF will invest $1 million toward the purchase and restoration of the Hotel, which is scheduled to re-open to the public in 2002. Kheel will serve as Chairman of Restoration, LLC, and Peter Koehler, his partner in Koehler/Kheel Realt...
Alpine Financial Group Assigns Hostmark the Management Contract for 17 Best Inns / July 2000
March 30, 2000
Hotel Online Special Report Alpine Financial Group Assigns Hostmark the Management Contract for 17 Best Inns Schaumburg, IL, July 10, 2000-Hostmark Hospitality Group announced that it has been awarded a management contract for a portfolio of seventeen Best Inn Properties by Alpine Financial Group. Hostmarks 35-year industry reputation of solid marketing and effective cost control measures made the company the top choice to manage these properties, according to the New York-based property owners. The new management contract includes Best Inn properties throughout the central and southern United States. ...
Hawaii's May 2000 Visitor Arrivals at All-time High for Any May in History / July 2000
March 30, 2000
Hotel Online Special Report Hawaii's May 2000 Visitor Arrivals at All-time High for Any May in History May 2000 Arrivals at a Glance June 28, 2000 - Hawaii visitor arrivals continue to set records according to a DBEDT report released today. The May 2000 visitor arrivals were an all-time high for any May in history. This is the fourth consecutive month that visitor arrivals are at record levels, signaling the probability of a record-breaking year. Visitor days increased by 8.8 percent compared to the same period last year. A total of 554,641 visitors came to Hawaii in May, an increase of 8.0 percent over May 1999...
Canadian Lodging Outlook / May 2000 Year to Date Statistics / HVS International – Canada / July 2000
March 30, 2000
Hotel Online Special Report Canadian Lodging Outlook May 2000 Year to Date Statistics HVS International - Canada May 2000 Year to Date Market Number of Rooms Occupancy Rate % Average Room Rate $ RevPAR $ Room Supply % change Room Demand % change 2000 1999 2000 1999 2000 1999 Nova Scotia Area 1,193 53.7 55.9 69.49 66.58 37.32 37.22 0.0 -4.0 Halifax, NS 2,281 61.7 63.8 104.80 95.39 64.66 60.86 0.2 -3.0 Montreal, QC 13,825 61.2 62.2 118.29 112.50 72.39 69.98 0.5 -1.2 Quebec City, QC ...
March 30, 2000
Hotel Online Special Report Whats Hot and Whats Not in Western Canadian Hotel Markets by Betsy MacDonald, MAI, AACI, RIBC HVS - March 2000 The Canadian hotel market is holding its own with annual occupancy at approximately 63.4% in 1999 and an average room rate of $94. Although our annual occupancy is comparable to that of the United States, our average room rate is approximately $10 higher, if you take our dollar at par. In BC, occupancy was roughly the same as the country as a whole 62.3%, with an average room rate of approximately $124. Alberta had an annual occupancy of 65.1%, with a $111 average room rat...
Herman Turk Named General Manager of the 282-room Renaissance Hotel – Asheville, N.C / July 2000
March 30, 2000
Hotel Online Special Report Herman Turk Named General Manager of the 282-room Renaissance Hotel - Asheville, N.C. LOS ANGELES & ASHEVILLE, N.C. - July 11, 2000 -- Los Angeles-based Windsor Hospitality Group, a division of Windsor Capital Group, has named Herman Turk General Manager of the 282-deluxe room and suite Renaissance Hotel Asheville, N.C. As general manager, Turk is responsible for the overall operation of the newly renovated hotel located in the heart of historic downtown Asheville and adjacent to the Thomas Wolfe Memorial. Throughout his more than 19 years in the hotel industry, Herman has si...
Hotel Reservations Network Room Sales Volume Grows at Rapid Pace Due to Increasing Consumer Demand / July 2000
March 30, 2000
Hotel Online Special Report Hotel Reservations Network Room Sales Volume Grows at Rapid Pace Due to Increasing Consumer Demand DALLAS, July 6, 2000 - Hotel Reservations Network, Inc. announced today that on June 29, 2000 it sold its one millionth room night for calendar year 2000. In 1999, HRN reached the one million-room threshold on November 7th, selling a total of 1,229,000 room nights for the 1999 calendar year. The rapidly increasing pace of room nights sold is being driven by strong consumer demand for HRNs discounted hotel rooms through its multiple distribution channels that include: HRNs websites ...
March 30, 2000
Hotel Online Special Report Starwood Forms Sheratons Vacation Ownership Resorts; in Planning Stages for Vacation Ownership at The Phoenician in Arizona ORLANDO, Fla. - July 24, 2000 - Starwood Hotels & Resorts Worldwide Inc. today announced continued integration plans for its vacation ownership subsidiary, Vistana, Inc., which was acquired in October, 1999 to establish an immediate presence in the growing vacation ownership market. Plans are in place to brand current and new resorts under the Sheraton and Westin flags. In addition, the vacation ownership subsidiary will be renamed Starwood Vacation Ownership, In...
Starwood Has 10,088 New Rooms in the Pipeline Over Next Three Years / July 2000
March 30, 2000
Hotel Online Special Report Starwood Has 10,088 New Rooms in the Pipeline Over Next Three Years WHITE PLAINS, N.Y., July 21, 2000 - Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) has announced that a total of 40 hotel management/franchise contract deals have been finalized year-to-date as the company continues its global expansion strategy through its St. Regis, Luxury Collection, Westin, Sheraton, Four Points and W Hotels brands. As we continue to divest our non-strategic assets, Starwood is focused on continuing our momentum of increasing market share and EBITDA through aggressive franchise and management...
Starwood North America Hotels RevPAR increased 12.8% During Second Quarter 2000; Rapid Improvements Seen with the Sheraton Brand / July 2000
March 30, 2000
Hotel Online Special Report Starwood North America Hotels RevPAR increased 12.8% During Second Quarter 2000; Rapid Improvements Seen with the Sheraton Brand WHITE PLAINS, N.Y., July 27, 2000 - Second Quarter Financial Highlights Second quarter diluted EPS from continuing operations increased 30% to $0.56 when compared to pro forma comparable diluted EPS for the same period of 1999. Total revenues increased 19% to $1.15 billion. Operating income increased 24% to $289 million. REVPAR for Same-Store Owned Hotels in North America increased 12.8%. Occupancy rates at Same-Store Owned Hot...
Host Marriott REVPAR Grows 7% in 2nd Qtr 2000 Over Prior Year; YTD Occupancy at 79.2% for 114 Properties / July 2000
March 30, 2000
Hotel Online Special Report Host Marriott REVPAR Grows 7% in 2nd Qtr 2000 Over Prior Year; YTD Occupancy at 79.2% for 114 Properties Hotel Operational Data Second Quarter 2000 Funds From Operations Increases 15 Percent BETHESDA, Md., July 20, 2000 - Host Marriott Corporation (NYSE: HMT - news) today reported record diluted Comparative Funds From Operations per share for the second quarter 2000 of $.55 per diluted share, an improvement of nearly 15 percent over second quarter 1999. On a year-to-date basis, diluted Comparative FFO per share increased over 9 percent to $.94 per diluted share versus 1999. The company...
Hotel Information Systems Appoints LodgCon as Sales Agent for Its Property Management Systems in the Eastern United States / July 2000
March 30, 2000
Hotel Online Special Report Hotel Information Systems Appoints LodgCon as Sales Agent for Its Property Management Systems in the Eastern United States IRVINE, Calif. - June 29, 2000 -- Hotel Information Systems (HIS), a division of MAI Systems Corp. (AMEX:NOW) and leading provider of hotel property management software applications, Thursday announced the appointment of privately-held, Atlanta-based LodgCon Inc. as a non-exclusive sales agent for its products in the Eastern United States. Under the terms of the agreement, LodgCon will represent, market and sell HIS LodgingTouch and CLS property management syste...
March 30, 2000
Hotel Online Special Report Glaciers Concessionaire, Glacier Parks, Inc., Plans to Rehabilitate Lodges Under Scrutiny of National Parks Conservation Association Says No to Glacier Hotel Rehabilitation WASHINGTON, June 27, 2000 - The following was issued by the National Parks Conservation Association: Statement of William J. Chandler Vice President for Conservation Policy National Parks Conservation Association on H.R. 4521, To Authorize and Provide Funding for Rehabilitation of the Going-to-the Sun Road in Glacier National Park, and for other purposes Before the Subcommittee on National Parks...
Graphic Systems International Battles Winter Weather To Complete Signage Conversion For Four Points Sheraton Minneapolis / July 2000
March 30, 2000
Hotel Online Special Report Graphic Systems International Battles Winter Weather To Complete Signage Conversion For Four Points Sheraton Minneapolis Minneapolis, MN July 30, 2000: Graphic Systems International, Inc. (GSI) announces the completion of the signage contract with Starwood Hotels and Resorts Worldwide, Inc. to convert the Sheraton Metrodome Minneapolis to the Four Points Sheraton Minneapolis. The contract scope includes new brand conversion signage and new ADA compliant interior signage as part of the renovation of the guest floors and meeting spaces earlier this year. According to Rob Kisstoth,...
E. Gail Barron Name Vice President, Client Services for Association and Event Management Company, Challenge Management / July 2000
March 30, 2000
Hotel Online Special Report E. Gail Barron Name Vice President, Client Services for Association and Event Management Firm, Challenge Management Dallas, Texas - July 18, 2000 - Challenge Management, Inc., an association and event management company, has expanded its executive staff by hiring E. Gail Barron, CAE. Ms. Barron, an experienced association professional who served most recently as director of meetings & events for the 3-million member U.S. Youth Soccer Association, joins the Dallas-based company as Vice President of Client Services. Ms. Barron will complement Challenge Managements professional ...
Wiredinn.com and ViewInternet Team to Provide Free Broadband Internet Access to the Hospitality Industry / July 2000
March 30, 2000
Hotel Online Special Report Wiredinn.com and ViewInternet Team to Provide Free Broadband Internet Access to the Hospitality Industry DALLAS and SINGAPORE July 18, 2000 Wiredinn.com and ViewInternet, worldwide providers of broadband Internet solutions for the hospitality industry, jointly announced today an agreement that will give the companies the ability to provide guests free high-speed laptop Internet connectivity and the content-rich Wiredinn Portal while staying in the world¹s premier hotels. According to the agreement, ViewInternet will install the network infrastructure at each hotel, enabling high-spee...
hglobe.com Expands into Food and Beverage Supplies by Aligning with FSbuy.com / July 2000
March 30, 2000
Hotel Online Special Report hglobe.com Expands into Food and Beverage Supplies by Aligning with FSbuy.com IRVINE, July 13, 2000 FSbuy, the leading F&B supplier for the food-service industry, revealed today the creation of a strategic partnership with hglobe.com, the hospitality industrys premier online provider of customized e-procurement marketplaces. Dubbed the industrys first full-service e-procurement marketplace, the alliance enables FSbuy and hglobe.com to fulfill the purchasing needs of the entire supply chain for full-service properties and management companies. The alliance is the first g...
Wyndham El Conquistador Resort & Country Club in Puerto Rico Plans Expansion Including New Condos, Time Share Units and Golf Course / July 2000
March 30, 2000
Hotel Online Special Report Wyndham El Conquistador Resort & Country Club in Puerto Rico Plans Expansion Including New Condos, Time Share Units and Golf Course Refinanced through Bear, Stearns Funding, Inc. and the Government Development Bank for Puerto Rico DALLAS (July 12, 2000) -- Wyndham International, Inc. announced today that it has completed a $131 million refinancing of the 918-room Wyndham El Conquistador Resort & Country Club in Puerto Rico, paving the way for the expansion of the resorts luxury accommodations and the development of a master plan for additional golf, beach, residential and famil...
Benchmark Hospitality and Eastern Star Real Estate PCL, to Develop Eastern Star Resort into a World-class Property / July 2000
March 30, 2000
Hotel Online Special Report Benchmark Hospitality and Eastern Star Real Estate PCL, to Develop Eastern Star Resort into a World-class Property THE WOODLANDS, TEXAS, June 30, 2000 Benchmark Hospitality International and Eastern Star Real Estate PCL, located in Bangkok, Thailand, have entered into a long-term agreement to develop Eastern Star Resort into a world-class property -- the premier conference resort in Thailand. Eastern Star, which is located in Thailands growing Eastern Seaboard area, already has on site a Robert Trent Jones, Jr. golf course, as well as high end condominiums and residences. ...
Edwin H. McMullen Sr. Resigns as Managing Director at Shell Vacations LLC / July 2000
March 30, 2000
Hotel Online Special Report Edwin H. McMullen Sr. Resigns as Managing Director at Shell Vacations LLC Northbrook, IL -- June 30, 2000 -- Shell Vacations LLC announced today that Edwin H. McMullen Sr. has resigned his position as Managing Director and his operational involvement with the company. He had been with Shell Vacations since November 1997. McMullen plans to develop an insurance products business specializing in the vacation ownership and resort real estate markets. He will continue his business relationship with Shell Vacations through the installation of a vacation insurance product that will provide...
Outrigger Hotels & Resorts Appoints Joe Durocher as SVP and Chief Information Officer, Formerly Hilton's CIO / July 2000
March 30, 2000
Hotel Online Special Report Outrigger Hotels & Resorts Appoints Joe Durocher as SVP and Chief Information Officer, Formerly Hilton's CIO HONOLULU, OAHU, HAWAII - July 24, 2000 - After a four-year absence from the islands, Joe Durocher has returned to Hawaii and to Outrigger Enterprises, Inc., as Senior Vice President and Chief Information Officer. In his new position with Outrigger, Durocher is responsible for the strategic development and implementation of all information technology needs for Outrigger Enterprises and its affiliated companies, including Outrigger Hotels & Resorts and OHANA Hotels of Hawaii. Duroc...
Radisson SAS Assigned Management Contract for The Diplomat Hotel in Manama, Bahrain; Le Meridien Hotels Had Managed Hotel for the Past 25 Years / July
March 30, 2000
Hotel Online Special Report Radisson SAS Assigned Management Contract for The Diplomat Hotel in Manama, Bahrain; Le Meridien Hotels Had Managed Hotel for the Past 25 Years July 2000.....Today, in a landmark signing ceremony in Bahrain, Radisson SAS Hotels & Resorts took management control of The Diplomat Hotel in Manama, Bahrain. The signing marks the award winning chains entry into Bahrain and takes the chains Middle and Near East network to seven properties with three more under construction in Egypt. Bahrain has long since proved its tourism potential both for leisure and business travellers and we have...
llied Hotel Properties to Acquire the Delta Bow Valley Hotel in Calgary, Alberta / July 2000
March 30, 2000
Hotel Online Special Report Allied Hotel Properties to Acquire the Delta Bow Valley Hotel in Calgary, Alberta Vancouver, B.C. - July 24, 2000 - Allied Hotel Properties Inc. (Allied, stock symbol AHP) has entered into an agreement to acquire the Delta Bow Valley Hotel in Calgary, Alberta. The 398 room Delta Bow Valley Hotel is located in downtown Calgary and managed by Delta Hotels Limited (Delta). Hotel amenities include 11,432 ft2 of meeting space, an indoor pool, whirlpool, fitness room and business centre. The 24-storey building was built in 1980 and has three levels of parking below grade. Allie...
David G. Lagarce Appointed GM for The Chattanoogan, Benchmark's $43 million Conference Center Under Construction in Chattanooga, Tennessee / Jul
March 30, 2000
Hotel Online Special Report David G. Lagarce Appointed GM for The Chattanoogan, Benchmark's $43 million Conference Center Under Construction in Chattanooga, Tennessee THE WOODLANDS, TEXAS, May 30, 2000 Benchmark Hospitality has announced the appointment of David G. Lagarce, C.H.A., to the position of General Manager for The Chattanoogan, a new $43 million conference center currently under construction in the heart of Chattanooga, Tennessee. Upon completion, the property is expected to be the nations most technologically advanced. The announcement was made by Sam Haigh, Chief Operating Officer for Benchma...