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William Weld of Allegiant Named Chairman at HSMAI for 2000-01 / August 2000
March 30, 2000
Hotel Online Special Report William Weld of Allegiant Named Chairman at HSMAI for 2000-01 WASHINGTON, DC (August 1,2000) - The HSMAI Nominating Committee officially announced the organization's new Executive Committee officers and Board of Directors. The new leadership became effective at the start of the annual HSMAI Sales & Marketing Summit last week, which marked the beginning of the 2000-2001 administrative year. The new seven-member Executive Committee includes: Chairman: William (Bill) Weld, CHME, vice president of sales and marketing, Allegiant. Chairman-elect: Bruce Himelstein, senior vice president...
March 30, 2000
Hotel Online Special Report The Norwegian Chapter Honored with HSMAIs Frank W. Berkman Global Chapter of the Year Award WASHINGTON, DC (August 29, 2000) - The Norwegian Chapter of the Hospitality Sales & Marketing Association International (HSMAI) was named the first ever Frank W. Berkman Global Chapter of the Year at HSMAIs recent Annual Sales & Marketing Summit in New York. The Greater Phoenix Chapter was named the Frank W. Berkman North American Chapter of the Year. Robert A. Gilbert, CHME and President and CEO of HSMAI, noted that this new award category truly reflects the global growth of the ass...
March 30, 2000
Hotel Online Special Report The Peninsula New York Making Material Contribution to the Hongkong and Shanghai Hotels, Limited Profits; Hotels occupancy for the First 6 Months of 2000 was 76% with ADR of US$499 Compared to 52% and US$458 for 1999 The Hongkong and Shanghai Hotels, Limited Business Gains Momentum in Improving Economic Enrironment Hong Kong, August 3, 2000 Following sustained improvement in the economic environment, The Hongkong and Shanghai Hotels, Limited (HSH) today announced a 43% increase in unaudited group operating profit of HK$369 million for the six months to June 30, 2000, comp...
2000 HFTP Annual Convention & Tradeshow will be October 18-21, 2000, in Toronto, Ontario; Expecting 600 Attendees and 40 Exhibits / Aug 2000
March 30, 2000
Hotel Online Special Report 2000 HFTP Annual Convention & Tradeshow will be October 18-21, 2000, in Toronto, Ontario; Expecting 600 Attendees and 40 Exhibits Focus on the Future! The 2000 HFTP Annual Convention & Tradeshow will be October 18-21, 2000, at the Regal Constellation Hotel in Etobicoke (Toronto), ON Canada. We are expecting more than 600 attendees and more than 40 exhibits that display the latest hospitality products and services. Early registration deadline is September 18, 2000. Please mark your calendars now, as you dont want to miss out on one of the most successful conventions and tr...
March 30, 2000
Hotel Online Special Report Harrahs East Chicago Building $47 million Hotel; Will Capitalize on the Projected Double-digit Growth of the Chicagoland Gaming Industry LAS VEGAS, Aug. 1, 2000 - Harrahs Entertainment, Inc. (NYSE: HET - news) plans to build a $47 million hotel addition to its Harrahs East Chicago casino. Construction on the 292-room luxury hotel is scheduled to begin in September, with completion slated for the fall of 2001. This project will reinforce Harrahs East Chicagos position as one of the premier casino entertainment facilities in the Chicagoland area, said Harrahs Entertainmen...
Nightlife Entrepreneur Rande Gerber Files Lawsuits Against Ian Schrager; Declares Ian Schrager Breached Contract With Rande Gerber / August 2000
March 30, 2000
Hotel Online Special Report Nightlife Entrepreneur Rande Gerber Files Lawsuits Against Ian Schrager; Declares Ian Schrager Breached Contract With Rande Gerber LOS ANGELES, Aug. 15, 2000 - Businessman Rande Gerber announced today that he has filed two separate lawsuits against hotelier Ian Schrager in the California Supreme Court for breach of contract and fiduciary duty as well as for declaratory relief. Mr. Gerbers company is suing Mr. Schrager for breach of contract at SKYBAR, Gerbers famous night-spot at the Mondrian Hotel. The lawsuit claims that Mr. Schragers attempt to terminate Mr. Gerbers i...
Brian Garavuso Named Chief Technology Officer at MeriStar Hotels & Resorts / August 2000
March 30, 2000
Hotel Online Special Report Brian Garavuso Named Chief Technology Officer at MeriStar Hotels & Resorts WASHINGTON, D.C., August 15, 2000 -- MeriStar Hotels & Resorts (NYSE: MMH), the nations largest independent hotel management company, today announced that Brian Garavuso has been promoted to chief technology officer. In the newly created position, Garavuso will be responsible for the operations and tactical direction of the companys information technology for all of MeriStars 224 managed hotels and resorts, as well as their Doral divisions 12 managed golf courses and vacation ownership operations. Ga...
GMAC Commercial Mortgage Provides $33 Million Financing for Six Hotel Properties in Five States / August 2000
March 30, 2000
Hotel Online Special Report GMAC Commercial Mortgage Provides $33 Million Financing for Six Hotel Properties in Five States TownePlace Suites Obtains Fixed-rate Permanent Financing from GMAC HORSHAM, Pa., Aug. 16, 2000 - GMAC Commercial Mortgages (GMACCM) Hospitality Division has arranged $32.7 million in financing six hotel properties in five states. Two of the hotels are located in Texas and one each in Ohio, Florida, Michigan and Maryland. The properties include: Westin Great Southern Hotel, Columbus, Ohio First Hotel Assoc., LP & FH received $12 million floating-rate financing originated by the GM...
Four Seasons Hotels Inc. 39 Hotels Reporting 72.4% Occupancy and ADR of US$ 286 for First 6 Months of 2000 / August 2000
March 30, 2000
Hotel OnlineNews for the Hospitality Executive Four Seasons Hotels Inc. 39 Hotels Reporting 72.4% Occupancy and ADR of US$ 286 for First 6 Months of 2000 TORONTO Aug. 2, 2000 -- Four Seasons Hotels Inc. (TSE:FSH.) (NYSE:FS) today reported its results for the second quarter ended June 30, 2000. Net earnings increased 22.1% to $27.1 million ($0.78 basic earnings per share) for the three months ended June 30, 2000, as compared to $22.2 million ($0.64 basic earnings per share) for the second quarter of 1999. For the six months ended June 30, 2000, net earnings increased 28.7% to $41.5 million ($1.20 basic earnings per share), as...
FelCor RevPAR Exceeds 9% for Quarter; FelCor Identifies 25 Non-strategic Hotels Which it Intends to Sell, Will Focus on Full service hotels in Strate
March 30, 2000
Hotel Online Special Report FelCor RevPAR Exceeds 9% for Quarter; FelCor Identifies 25 Non-strategic Hotels Which it Intends to Sell, Will Focus on Full Service Hotels in Strategic Markets 25 non-strategic hotels for sell IRVING, Texas, Aug. 1, 2000 - FelCor Lodging Trust Incorporated (NYSE: FCH), one of the nations largest hotel real estate investment trusts (REITs), today announced that second quarter 2000 Funds From Operations (FFO) totaled $80.9 million, or $1.20 per share and unit, a record for FelCor since it became a public company, compared to the second quarter 1999 of $80.4 million, or $1.06 per...
Only a Few Places Left atE-commerce for Travel USA East / August 2000
March 30, 2000
Hotel Online Special Report Only a Few Places Left at E-commerce for Travel USA East This falls meeting place to discuss e-commerce in the travel industry August 24, 2000 - Over 80 top-class speakers, representing Americas biggest agencies and travel suppliers such as, Rosenbluth Interactive, Delta Air Lines, TNT Vacations, Royal Caribbean Cruises, Walt Disney Internet group, ANC Rental, Continental, Lonely Planet, American Express, Flightserv, United Airlines, British Airways will be at the second annual E-commerce for Travel USA East conference and exhibition to be held on September 11-12 this year (www.e...
March 30, 2000
Hotel Online Special Report Executive Inn Group Wins Canadas Fastest Growing Hotel Chain Award VANCOUVER, B.C. - Aug. 1, 2000 -- Executive Inn Group (EIG) (CDNX:EIG.) of Vancouver is Canadas fastest growing hotel brand, according to an award presented in July by Foodservice and Hospitality magazine, an authoritative 30-year-old national trade publication. The publications annual survey of the leading foodservice and hotel chains in Canada shows that EIG rose nearly 30 places in the Top 100 list for 2000. In 1999, EIG ranked 92 and, in the most recent survey, the company ranks 65. Over the survey period, EIG...
The Travel Industry Comes Together for Annual Meeting to Discuss E-Commerce / July 2000
March 30, 2000
Hotel Online Special Report Meet the People Who Drive the World's Biggest Online Market Learn to Unlock the Power of Web Content E-commerce for Travel USA East Conference and Exhibition Sheraton Buckhead, Atlanta, September 11-12, 2000 August 21, 2000 - LEARN to improve your companys efficiency by adopting the latest Customer Relationship Management techniques. HEAR about the practical solutions you need if youre going to deliver business winning broadband content. DISCOVER how companies are saving millions by taking advantage of the B2B revolution. EXAMINE the impact of glob...
Dave Shaw, Jr., Christy Williams, and Faye Deloso Appointed by USFS to Brand Director Positions / August 2000
March 30, 2000
Hotel Online Special Report Dave Shaw, Jr., Christy Williams, and Faye Deloso Appointed by USFS to Brand Director Positions ATLANTA (Aug. 9, 2000) Atlanta-based U.S. Franchise Systems, Inc. (Nasdaq: USFS), parent company of the franchisors of the Microtel Inns & Suites, Hawthorn Suites and Best Inns & Suites hotel chains, has announced the promotions of three individuals to head up key franchise resource and field support functions for each of its brands. Dave Shaw, Jr. will serve as Director of Franchise Resources for Best Inns & Suites; Christy Williams will become Director of Field Support for the separat...
Daniel Schulte Named Director of Development for Red Lion Hotels & Inns / August 2000
March 30, 2000
Hotel Online Special Report Daniel Schulte Named Director of Development for Red Lion Hotels & Inns VANCOUVER, Wash. - Aug. 17, 2000--Daniel Schulte has been named as director of development for Red Lion Hotels & Inns, a wholly owned subsidiary of Hilton Hotels Corporation. In this newly created position, Schulte is responsible for the growth of the Red Lion Hotels & Inns® brand throughout Washington, Oregon, Idaho, Montana, Wyoming and North and South Dakota. Schulte is based in Kalispell, Montana and reports to Manfred Gerling, director of development for Red Lion Hotels & Inns. Daniel Schultes vast experie...
David Perry Appointed Resident Manager at The Pan Pacific Singapore / August 2000
March 30, 2000
Hotel Online Special Report David Perry Appointed Resident Manager at The Pan Pacific Singapore Singapore, August 23, 2000 --- One of Australias leading hoteliers, David Perry, has joined Pan Pacific Hotels and Resorts flagship property, The Pan Pacific Singapore, as Resident Manager. For over five of the last seven years, Perry was General Manager of Melbournes six-star Hotel Como which won the Beat Hotel in Australia award for several consecutive years. He then moved on for a brief management position at the innovative South Yarra Hill Suites Tonwhouse Hotel, where he re-positioned and grew...
Hostmark Hospitality Names David King Regional Director of Operations / August 2000
March 30, 2000
Hotel Online Special Report Hostmark Hospitality Names David King Regional Director of Operations Fishers, IN, August 17, 2000 - Hostmark Hospitality Group, one of the nations largest independent third party hospitality management firms, today announced the promotion of David M. King, 36, to Regional Director of Operations. In his new position King will oversee the operation of nine Hostmark-managed hotels in the Midwest. Before joining Hostmark, King was Vice President of United States Franchise Systems. During his 16-year career in the hospitality industry, King served as General Manager for a number of hote...
Crestline Hotels & Resorts, Inc. Assigned to Manage the Franklin Marriott and Cool Springs Conference Center and Hyatt Regency Wichita / August 2000
March 30, 2000
Hotel Online Special Report Crestline Hotels & Resorts, Inc. Assigned to Manage the Franklin Marriott and Cool Springs Conference Center and Hyatt Regency Wichita BETHESDA, MD, August 28, 2000 Crestline Capital Corporation (NYSE: CLJ), a major investor, lessee and manager of hotel real estate, announced that its wholly-owned management subsidiary, Crestline Hotels & Resorts, Inc., has signed agreements to manage the Franklin Marriott and Cool Springs Conference Center and Hyatt Regency Wichita, effective August 1, 2000. The Franklin Marriott is owned by Cool Springs Hotel Associates, LLC and the Hyatt Regenc...
March 30, 2000
Hotel Online Special Report One Quarter of Lodgings Profiles in Leadership Champions Hold Professional Certification from Educational Institute of the AH&MA EI Now Offerting Certification of Specialization in International Hotel Management ORLANDO, Fla., August 28, 2000 Eighteen of the hospitality leaders featured in Lodgings August 2000 Profiles in Leadership share another common bond: they all hold professional certification from the Educational Institute of the American Hotel & Motel Association. They represent one-quarter of the 75 individuals who were selected by Lodging magazine for their si...
Canadian Hotel Transaction Overview – Summer 2000 / Colliers International Hotel Realty / August 2000
March 30, 2000
Hotel Online Special Report Canadian Hotel Transaction Overview / Colliers International Hotel Realty Hotel Transaction Summary for Year-to-date, June 2000 The Canadian hotel investment market ended the second quarter 2000 with only five hotel transactions, comprising 785 rooms at an aggregate value of $55.6 million. This represents a decrease of 16.3% from first quarter results of approximately $66.4 million, however compared to second quarter 1999 results, transaction volume increased a dramatic 22.5% from $45.4 million with the average price per room increasing 40.8% from $50,248 in 1999 to $70,764 in 2000. O...
Conduit Lending for the Hotel Industry: A Lifeline to Capital or Just Another Pipe Dream? / Colliers International Hotel Realty / August 2000
March 30, 2000
Hotel Online Special Report Conduit Lending for the Hotel Industry: A Lifeline to Capital or Just Another Pipe Dream? by Norman I. Kahn, Summer 2000 As everyone in the hospitality industry understands too well, the heavy real estate component Of the business requires large amounts of capital. The scarcity of well priced sources of such capital have played havoc with the ability of developers and purchasers of hotel properties to fill their appetite and to permit them to seize opportunities in the industry. In the early to mid-eighties limited partnership vehicles, usually with tax deferral incentives,...
Cendant Corporation to Acquire AmeriHost Inn and AmeriHost Inn and Suites Brand Names and Franchising Rights / August 2000
March 30, 2000
Hotel Online Special Report Cendant Corporation to Acquire AmeriHost Inn and AmeriHost Inn and Suites Brand Names and Franchising Rights New York, NY, August 18, 2000Cendant Corporation (NYSE: CD) and Amerihost Properties, Inc. (NASDAQ: HOST) today announced that they have signed a definitive agreement for Cendants acquisition of the AmeriHost Inn and AmeriHost Inn and SuitesSM brand names and franchising rights. Terms were not disclosed. AmeriHost Inn and AmeriHost Inn and Suites are new construction, limited service, mid-priced hotels. Amerihost Properties, Inc. (API) and Cendant intend to grow the Amer...
Kessler Enterprise's Doubletree Castle Hotel only Doubletree to Receive Five Promus Outstanding Evaluations / August 2000
March 30, 2000
Hotel Online Special Report Kessler Enterprise's Doubletree Castle Hotel only Doubletree to Receive Five Promus Outstanding Evaluations Orlando, Fla. -- (August, 2000) -- The fantasy Doubletree Castle Hotel located on the famous International Drive, received its fifth coveted Outstanding quality assurance rating, a feat no other Doubletree Hotel in the nation has achieved. The first Outstanding came in May 1998 when the Castle was one of 17 hotels to receive the top rating. The outstanding quality assurance rating is a rating given by Hilton Corporation to hotels that consistently exceeds the rigorous clean...
Candlewood Suites Streamlines Financial and Operational Management with Chain-Wide Implementation of LodgingTouch PMS / Aug 2000
March 30, 2000
Hotel Online Special Report Candlewood Suites Streamlines Financial and Operational Management with Chain-Wide Implementation of LodgingTouch PMS IRVINE, Calif.-- - Aug. 2, 2000 -- Hotel Information Systems (HIS), the hospitality division of MAI Systems Corp. (AMEX:NOW), Wednesday announced an agreement with Candlewood Hotel Co. Inc. (Nasdaq:CNDL) for the installation of HIS Microsoft® Windows NT® LodgingTouch Property Management System (PMS) at Candlewood Suites and Cambridge Suites hotels. The agreement also calls for the installation of a fully integrated Central Information System (CIS) which, togethe...
