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San Juan Grand Beach Resort & Casino Acquired by Bass Hotel & Resorts for $75 million / August 2000
March 30, 2000
Hotel Online Special Report San Juan Grand Beach Resort & Casino Acquired by Bass Hotel & Resorts for $75 million ATLANTA, Aug. 17, 2000 - Bass Hotels & Resorts (NYSE: BAS; London) strengthens its commitment to Puerto Rico with the purchase of the 400-room San Juan Grand Beach Resort & Casino. The $75 million acquisition was announced by Thomas Arasi, president, Bass Hotels & Resorts - The Americas. The hotel, to be called the Inter-Continental San Juan Resort & Casino, supports the companys goal to expand the presence of the Inter-Continental brand in the North American market. The hotel was purchased from ...
Mary Rideout Named Director of Marketing at the Pan Pacific Hotel Vancouver / August 2000
March 30, 2000
Hotel Online Special Report Mary Rideout Named Director of Marketing at the Pan Pacific Hotel Vancouver August 21, 2000 - Steve Halliday, general manager of The Pan Pacific Hotel Vancouver and vice president Pan Pacific Hotels & Resorts, North America, is pleased to announce the appointment of Mary Rideout as director of marketing. Rideout, a well-known and respected Vancouver hotel industry professional, has returned from over two years in Portugal as director of sales & marketing in the five star Ritz Hotel in Lisbon. Although a native of Portugal, Rideout is pleased to return to Vancouver where she has ha...
What's the Difference Between a Banquet Hall and a High-tech Conference Room? $1 Million / August 2000
March 30, 2000
Hotel Online Special Report What's the Difference Between a Banquet Hall and a High-tech Conference Room? $1 Million NEW YORK, NY August 25, 2000 - Tired of meeting in re-tread banquet rooms also used to house weddings, birthday parties, bridal showers and bar mitzvahs? Millennium Conference Center is investing $1 million per room to create four new rooms specifically designed to host todays high-powered, high-tech meetings - and nothing else. The cost of creating a purpose-built conference room is about twice that of building a regular banquet room, but for the Millennium Conference Center, its a ...
March 30, 2000
Hotel Online Special Report ReservationSource.com Integrated into Curricula at University of Houstons Conrad N. Hilton College of Hotel and Restaurant Management HOUSTON Aug. 28, 2000 ReservationSource, Inc., a developer of operations management software and online reservations capabilities, has partnered with the University of Houstons Conrad N. Hilton College of Hotel and Restaurant Management to provide its proprietary floor management, customer relationship management (CRM) and Web-enabled reservations technology as part of the schools curricula. Students enrolled in the colleges Advanced Resta...
Ramada Franchise Systems Establishes Internet Access as Standard Amenity; The Fee Set at $9.95 per 24-hour Period for Unrestricted Access / August 2
March 30, 2000
Hotel Online Special Report Ramada Franchise Systems Establishes Internet Access as Standard Amenity; The Fee Set at $9.95 per 24-hour Period for Unrestricted Access PARSIPPANY, N.J., Aug. 16, 2000 - Ramada Franchise Systems announced today its decision to provide high speed Internet access at its over 1,000 hotels and nearly 135,000 guest rooms nationwide. The addition of the technology marks the introduction of a new standard amenity that meets the ever-changing needs of the business traveler and permits them to work in the comfort of their room. The fee for the service is $9.95 per 24-hour period for unrestr...
Increases in the Average Daily Rate and Occupancy at Boca Resorts Produce Improved Year End Results / August 2000
March 30, 2000
Hotel Online Special Report Increases in the Average Daily Rate and Occupancy at Boca Resorts Produce Improved Year End Results Fourth Quarter Results Exceed Analyst Expectations BOCA RATON, Fla., Aug. 16, 2000 - Boca Resorts, Inc. (NYSE: RST), a leading owner and operator of luxury resorts and entertainment and sports businesses, today reported operating results for its fourth quarter ended June 30. Net income for the three months ended June 30, 2000, was $7.8 million, or $0.19 per diluted share, compared to a loss of $9.6 million, or $0.23 per diluted share for the three months ended June 30, 1999. The o...
Rick Richards Named SVP / General Manager at The Hard Rock Hotel and Casino in Las Vegas / August 2000
March 30, 2000
Hotel Online Special Report Rick Richards Named SVP / GM at The Hard Rock Hotel and Casino in Las Vegas LAS VEGAS, Aug. 10, 2000 - Peter Morton, Chairman of the Hard Rock Hotel and Casino (The Company) in Las Vegas, announced today that Rick Richards has been named the new Senior Vice President/General Manager of his Las Vegas resort. Richards, most recently Senior Vice President of Casino Operations at New York New York in Las Vegas, will take over at the property immediately. Prior to that, he was the Vice President of Gaming Operations at the Hard Rock Hotel for one year. He will oversee all the day...
ProfitWatch Hotel Call Accounting Certified For Use In Hilton Hotels / Aug 2000
March 30, 2000
Hotel Online Special Report ProfitWatch Hotel Call Accounting Certified For Use In Hilton Hotels August 1, 2000 - Metropolis Technologies, Inc., an innovator of call accounting technology, has announced that its Windows 98/NT/2000 hospitality call accounting product, ProfitWatch, has successfully completed Hilton Hotels Call Accounting Interface Certification. ProfitWatch is immediately eligible for installation at all Hilton locations that use the PPIC Hilton Property Management System. ProfitWatch is already certified for use with the Hilton/Promus System/21 Property Management System. With its comprehensi...
Restaurant and Bar Owners in Princeton NJ Win Lawsuit Overturning Anti-smoking Ordinance / August 2000
March 30, 2000
Hotel Online Special Report Restaurant and Bar Owners in Princeton NJ Win Lawsuit Overturning Anti-smoking Ordinance ---- State Superior Court Judge Rules Regional Health Commissions Smoking Ordinance Violates State Law ALEXANDRIA, Va., Aug. 29, 2000 - Smokers and members of the Princeton restaurant and bar community on Tuesday cheered a state court decision overturning one of New Jerseys most sweeping anti-smoking ordinances. Superior Court Judge Linda R. Feinberg today ruled that the Princeton Regional Health Commission (PRHC) was preempted by state law from passing its smoking ban in all public places withi...
Preparing for Disasters (& Successful Insurance Claims) / JMBM / August 2000
March 30, 2000
Hotel Online Special Report Preparing for Disasters (& Successful Insurance Claims) Do You Need a Disaster Plan Audit? 10 Questions to Help You Decide August 2000 Hurricane season is once again upon us. Earthquakes, floods, fires, bombings and riots also fill the headlines almost everyday. Whether "Acts of God" or man-made, they all can spell disaster for property owners and operators. JMBM's disaster experts have more than 25 years of experience in helping clients with disaster issues - from preparation with a Disaster Planning Audit to collecting from reluctant insurers. And last year the Firm augmented ...
Pending Approval, Preferred Hotels & Resorts to Create a New Holding Company, With MultipleBrands, To Serve as a Protector of Independent Hotels and
March 30, 2000
Hotel Online Special Report Pending Approval, Preferred Hotels & Resorts to Create a Holding Company with Multiple Brands, To Serve as a Protector of Independent Hotels and Provide Marketing Resources Aggressive Global Plan Designed to Link Multiple Brands through a Holding Company to Meet Competitive Challenges and Grow Revenues, Scale, Operating Resources and Brand Strengths CHICAGO - Aug. 14, 2000 -- Preferred Hotels & Resorts Worldwide, Inc., plans to create a new holding company organization, made up of multiple brands of independent hotels and resorts, to provide the added resources independent ...
MONY and Destination Hotels & Resorts Enhancing The Pointe South Mountain; Appoints RonOlstad Managing Director / August 2000
March 30, 2000
Hotel Online Special Report MONY and Destination Hotels & Resorts Enhancing The Pointe South Mountain; Appoints Ron Olstad Managing Director ENGLEWOOD, Colo., Aug. 21, 2000 - As of August 21, 2000, Destination Hotels & Resorts (DH&R) is the new management company of the Pointe South Mountain Resort (formerly The Pointe Hilton South Mountain Resort) in Phoenix. Owned by MONY/PSM Properties, the 640-suite resort is retaining its world-class amenities and its long-standing team of resort professionals, while enhancing guest service with new on-site sales, marketing and reservations staffs, as well as a host of...
Perisher Manor Ski Resort in Kosciuszko National Park, Australia – Is for Sale / August 2000
March 30, 2000
Hotel Online Special Report Perisher Manor Ski Resort in Kosciuszko National Park, Australia - Is for Sale Jones Lang LaSalle Hotels Markets Resort in Southern Hemispheres Largest Ski Desination Sydney, Australia, August 16, 2000 - Jones Lang LaSalle Hotels and TransAct Hotel and Motel Brokers have been appointed to market the Perisher Manor Ski Resort for sale on behalf of Keenhold Pty Ltd, a private family holding company. The resort is located on Mount Perisher in Perisher Blue Ski Resort approximately 500 kilometers southwest of Sydney. The Perisher Manor Hotel is a virtual goldmine returning ...
The 531 Room New Park Centra Hotel Singapore To Be Marketed for Sale / August 2000
March 30, 2000
Hotel Online Special Report The 531 Room New Park Centra Hotel Singapore To Be Marketed for Sale Jones Lang LaSalle Hotels Selected to Sale Hotel on behalf of Owner, Hotel Plaza Ltd Singapore, August 8, 2000 - Jones Lang LaSalle Hotels has been selected to market the New Park Centra Hotel Singapore for sale on behalf of Hotel Plaza Ltd. - a company that owns approximately 15 hotels in the Asia Pacific. In Hotel Plaza Ltds 1999 Annual Report, the New Park Centra Hotel Singapore was valued at US$78.37 million (S$135.4 million). According to Richard Goddard, Senior Vice President of Jones Lang LaSalle Hotels, ...
The Pricing of Lodging Stocks: A Reality Check / PKF / August 2000
March 30, 2000
Hotel Online Special Report The Pricing of Lodging Stocks: A Reality Check By Anwar R. Elgonemy, Associate, PKF Consulting San Francisco The debate whether lodging stocks are fairly valued may boil down to the fundamental difference between valuation for stock-buying purposes versus what constitutes a good company with profitable and valuable underlying assets. In other words, what makes a strong company may not necessarily qualify in the New Economy as an attractive stock-buy for an investor in search of high returns within a short time span. The Issues Hotel companies claim that investment banking secu...
March 30, 2000
Hotel Online Special Report Pegasus Business Intelligences Data Mining Shows Internet Hotel Bookings and Average Daily Rate are up for Labor Day Weekend Travel DALLAS (August 22, 2000) Pegasus Solutions, Inc. (Nasdaq: PEGS) today revealed that the Internet has significantly increased in popularity with travelers planning Labor Day weekend getaways this year, and the average daily rate (ADR) for hotels booked on the Web is up $9 over the same weekend in 1999. The "travel snapshot" was prepared by Pegasus Business Intelligence, using Internet reservations data from all of the Web sites whose hotel reservatio...
In Excess of $34 million in Hotel Commissions Sent Out Per Month by Pegasus Commission Processing / Aug 2000
March 30, 2000
Hotel Online Special Report In Excess of $34 million in Hotel Commissions Sent Out Per Month by Pegasus Commission Processing Now Serves 100,000 Travel Agencies DALLAS and SINGAPORE (August 2, 2000) Pegasus Solutions, Inc. (Nasdaq: PEGS) today announced it has achieved the milestone of 100,000 travel agency locations around the world subscribing to its Pegasus Commission Processing Service. According to Jeff Bzdawka, senior vice president of Pegasus Financial Services, the 100,000 milestone is especially impressive since the consolidated commission processing service was launched in 1992 with 1,224 travel agen...
Consumer-based Tourism Internet Site, Ottawahotels.com, to be Launched / August 2000
March 30, 2000
Hotel Online Special Report Consumer-based Tourism Internet Site, Ottawahotels.com, to be Launched Ottawa, Canada. - 17 Aug 2000 - Capital Publishers and Spyre Infostructure Inc. are pleased to announce an alliance to develop the consumer-based tourism internet site, Ottawahotels.com Capital Publishers is Ottawas largest publisher of local magazines, including WHERE Ottawa-Hull, Visitor Guide, Destination Planners Guide and Ottawa City Magazine. Spyre Infostructure Inc. is the creator of BOOKDirect Internet Reservations & Marketing System, the most powerful internet reservation system currently available to ...
All Conference Areas and Most Public Areas at Royal Orchid Sheraton Covered for Wireless Internet Access / August 2000
March 30, 2000
Hotel Online Special Report All Conference Areas and Most Public Areas at Royal Orchid Sheraton Covered for Wireless Internet Access August 28, 2000 - The 33rd Asean conference at the hotel was the ideal time for Royal Orchid Sheraton to go live with Wireless Internet Access in the morning of July 24th. All conference areas and most public areas are now covered for wireless Internet access with guests able to connect up while having their meals or just over a drink in the bars. Rudi Scherb, General Manager, states that there has been demand for this product and Royal Orchid wanted to be the first to provide this ser...
What Is Your Optimum AAA Rating / Harry Nobles / Aug 2000
March 30, 2000
Hotel OnlineSpecial Report What Is Your Optimum AAA Rating E-mail: hospsvc001@aol.com August 2000 - Before we can discuss your optimum AAA rating, we should agree on a definition of this term. I define your optimum rating as the highest rating your property can earn and maintain over time. It is also the rating at which your property is best positioned to compete locally with product and price. I consider this different from the maximum rating, which I define as the highest rating you might earn without regard to market segment, your guests desires and preferences, and without considering the long-term cost...
March 30, 2000
Hotel Online Special Report Ohios Travel and Tourism Industry Study Reveals Return on Tourism Promotion Investment Is 20:1 COLUMBUS, Ohio, Aug. 23, 2000 - The Ohio Department of Developments (ODOD) Division of Travel and Tourism today released statistics detailing the tourism industrys impact on Ohios economy in 1999. The statistics are a result of a new, integrated consumer-based research model that will enable the Division to better identify and market to the states visitors. Direct visitor spending and employment figures are essential factors to consider when evaluating the importance of travel ...
The Future of Electronic Payments From Paper to Plastic and Beyond / by J. David Oder / Hospitality Upgrade Magazine / Aug 2000
March 30, 2000
Hotel Online Special Report The Future of Electronic Payments - From Paper to Plastic and Beyond To view more articles covering technology for the hospitality industry please visit the Hospitality Upgrade Web site or to request a free publication please call (770) 953-2300 or email. By J. David Oder / President/CEO Shift4 Corporation / Reprinted from the Summer 2000 Issue of Hospitality Upgrade Magazine, formerly the Hotel & Restaurant Technology UPDATE Magazine A Brief Look Back Before attempting to peer into the future of the dynamic electronic payments industry, one should first take a look back to examine j...
March 30, 2000
Hotel Online Special Report Resort and Conference Center In Planning Stages at Whidbey Islands Oak Harbor OAK HARBOR, WA AUGUST 28, 2000 - Plans to create an upscale resort and conference center as a centerpiece to spur downtown renovation and attract new business to Whidbey Islands Oak Harbor received a major boost with the formation of an LLC to arrange the acquisition of property required for the resort. This could be the start of a new beginning for downtown Oak Harbor, according to Priscella Heidecker, executive director of the Oak Harbor Chamber of Commerce, who announced a consortia of area busines...
March 30, 2000
Hotel Online Special Report The Adams Mark Hotel - Dallas Completes Wireless Installation in all 1,825 Rooms DENVER, Co., Aug. 9, 2000 - On Command Corporation (Nasdaq: ONCO) announced today completion of the largest in-room wireless installation in American hotels. On Commands installation of its @Hotel(SM) suite now provides Internet access through the television as well as laptop connectivity at speeds up to 50 times faster than modems in 1,825 rooms at the Adams Mark Hotel - Dallas. On Commands @Hotel suite is a full-services Internet Service Provider (ISP) for the hospitality industry that integrates...
