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November 4th, 2024
Oakwood Web Site Netted Close to $20 million in Sales Last Year; New Version Launched/ April 2000
February 28, 2000
Hotel Online Special Report Oakwood Web Site Netted Close to $20 million in Sales Last Year; New Version Launched --- Oakwood Managing the Gold Arch Residence in Guangzhou LOS ANGELES- April 6, 2000 - Slow must go, declared Robbie Gluckson, VP e-commerce for Oakwood Worldwide, while today launching a new version of the companys oakwood.com home page designed to double the speed of loading and navigationand make it the fastest site in the entire lodging industry. Go, Speed Racer, Go! exclaimed Gluckson while surfing the new oakwood.com, which features a sleek new look, 24-hour-a-day reservations, v...
Park Lane Hotels International Building $25 million Courtyard by Marriott in Downtown Oakland; First Hotel Built in Downtown in 17 Years / April 2000
February 28, 2000
Hotel Online Special Report Park Lane Hotels International Building $25 million Courtyard by Marriott in Downtown Oakland; First Hotel Built in Downtown in 17 Years OAKLAND, Calif. - April 25, 2000 -- With an eye on the Chinese lunar calendar, city and hotel officials will break ground Saturday, April 29 at 11:00 a.m. at the entrance to Chinatown for the new Courtyard by Marriott, Oakland Downtown. It will be the first hotel built in downtown in 17 years. Our Chinese colleagues have taught us the lunar calendar is an important part of Asian traditions, said William Morton, senior vice president of Park ...
February 28, 2000
Hotel Online Special Report On Command Providing Small Hotels with OCX Interactive Services Platform, Previously Available Only in Large Properties San Jose, CA, Monday, April 24, 2000 - Enhancing in-room entertainment for the growing number of lodging properties with 150 rooms or less, On Command Corporation (NASDAQ: ONCO) today introduced a small-hotel version of its groundbreaking OCX interactive, multimedia services platform. The new version of OCX allows smaller hotels to provide their guests with a full complement of in-room services previously available only in large properties. These services includ...
Accor Names Beau de Loménie GM at Peace Hotel Beijing; Will Rebrand as Novotel / April 2000
February 28, 2000
Hotel Online Special Report Accor Names Beau de Loménie GM at Peace Hotel Beijing; Will Rebrand as Novotel 12 April 2000 - The worlds largest hotel and tourism company, Accor, has taken over the management of one of Beijings most renowned hotels, the Peace Hotel. The hotel will be rebranded over a five-month period and is scheduled to be officially relaunched as the Novotel Peace Hotel Beijing in August, 2000. As part of the rebranding process, Accor - managers of Novotel hotels - has appointed Tristan Beau de Loménie as General Manager of the hotel. A highly experienced General Manager, Mr Beau de Loménie...
Zayne Boon GM at the 178 room Novotel Adelaide on Hindley, Formerly the Adelaide Parkroyal / April 2000
February 28, 2000
Hotel Online Special Report Zayne Boon GM at the 178 room Novotel Adelaide on Hindley, Formerly the Adelaide Parkroyal Tuesday 18 April 2000: Following the rebranding of the Adelaide Parkroyal to the Novotel Adelaide on Hindley today, Novotel is the only hotel brand in Australia to be represented in every state and territory and every mainland capital city. The first quarter of 2000 has proven to be the Novotel brands most significant period in Australia since the first Novotel was launched in Sydney in 1991. In the first three months of 2000, one of Australias highest profile hotels - the Novotel Homebush Bay a...
Nordic Hills Resort Sold By Montclair Hotel Investors & Olympus Real Estate / April 2000
February 28, 2000
Hotel Online Special Report Nordic Hills Resort Sold By Montclair Hotel Investors & Olympus Real Estate BLOOMINGDALE, Ill. - (April 7,2000) - Montclair Hotel Investors, headquartered in Bloomingdale, IL and its partner, Dallas based Olympus Real Estate Corporation have sold Nordic Hills Resort in Itasca, IL. to Amstar Group LTD, a Denver based investment firm. Terms of the sale were not disclosed. Montclairs managing partners are Peter Cyrus and Dennis Langley. According to Langley, This transaction enables Montclair and Olympus to achieve a very attractive return on its investment. Additionally, we can now...
Newmarket User Conference Draws 300 Customers / April 2000
February 28, 2000
Hotel Online Special Report Newmarket User Conference Draws 300 Customers PORTSMOUTH, N.H. (April 10, 2000) - Over 300 customers and technology partners of Newmarket International, Inc. met last month at the first annual Delphi User's Conference at the Opryland Hotel in Nashville. The conference took its name from Newmarket's core property-level sales and catering program, but attendees, which included users of Breeze and Delphi Multi-Property Edition, participated in a wide variety of educational seminars, presentations, and hands-on training on Newmarket's Web-enabled applications and services. Seminar topics ...
To Streamline Sales and Account Management for 72 Properties, MeriStar uses Delphi Multi-Property Servers / April 2000
February 28, 2000
Hotel Online Special Report To Automate Sales and Account Management for 72 Properties, MeriStar Uses Delphi Multi-Property Edition Servers PORTSMOUTH, N.H. - April 14, 2000 - Newmarket International, Inc.announced today that MeriStar Hotels & Resorts, a leading franchiser of Sheraton, Westin, Hilton, and Radisson hotels, has begun a major upgrade and consolidation of its national sales infrastructure by standardizing its operations on Newmarket's Delphi Multi-Property Edition (Delphi MPE). Delphi MPE is a sales and catering application that automates the operations of multiple hotels in a single system, enabling Me...
hsupply.com Empowering Hospitality Suppliers and Distributors to an e-fulfillment-enabled Operation / April 2000
February 28, 2000
Hotel Online Special Report hsupply.com Empowering Hospitality Suppliers and Distributors to an e-fulfillment-enabled Operation PHOENIX, April 12, 2000 - hsupply.com, the leading e-services company that is simplifying procurement for the $16 billion hospitality industry, today announced the completion of its National e-Commerce Distribution Network (NeDN) made up of the industrys premiere distributors from coast-to-coast. The announcement was made at the American Hotel Motel Associations (AHMA) Annual Conference in Phoenix, Ariz. Having this powerful distribution system reinforces hsupply.coms commitment t...
Mohegan Sun 2nd Qtr Net Revenues Increase17%; Marketing Program Expanding Brand Awareness and Market Share / April 2000
February 28, 2000
Hotel Online Special Report Mohegan Sun 2nd Qtr Net Revenues Increase 17%; Marketing Program Expanding Brand Awareness and Market Share UNCASVILLE, Conn., April 25, 2000 - The Mohegan Tribal Gaming Authority (Mohegan Sun) today announced results for both the three months and six months ended March 31, 2000. Mohegan Sun reported earnings before interest, taxes, depreciation, amortization, expansion costs and fees earned by Trading Cove Associates pursuant to the Management and Relinquishment Agreements (EBITDAM) of $63.5 million for the second quarter ended March 31, 2000. In the same period last year,...
Inn Group Inc Rebrands Two 4 B's Inns in Missoula to Best Inns Suites / April 2000
February 28, 2000
Hotel Online Special Report Inn Group Inc. Rebrands Two 4 B's Inns in Missoula to Best Inns Suites ATLANTA, April 26, 2000 - BH Enterprises and Atlanta-based U.S. Franchise Systems (Nasdaq: USFS), franchisor of the Best Inns Suites hotel brand, have opened Montanas first two Best Inn properties in Missoula. The Best Inn Conference Center (Best Inn South) is located at 3803 Brooks St., and the Best Inn North is at 4953 North Reserve St. Commented Rick Welch, vice president of brand marketing for the Best brand, Previously known as the 4 Bs Inns, Montanas first two Best Inns have held a well-respected pla...
February 28, 2000
Hotel Online Special Report Mills House Hotel-Historic Charleston Completes $2.5 Million Renovation; Preserving the Historic Character of the Hotel Built in the Early 1800s CHARLESTON, S.C. - April 24, 2000 -- The Mills House Hotel-Historic Charleston recently completed a $2.5 million renovation of its restaurant, lounge areas, guestrooms and meeting space. Our extensive renovations and upgrades have breathed new life into the hotel, while preserving the historic character of the Mills House, said General Manager John Edwards. Great care was taken to ensure that this well-known landmark closely resemb...
Hoteles Microtel Inns de Argentina S.A Opens Microtel Inn & Suites in Buenos Aires / April 2000
February 28, 2000
Hotel Online Special Report Hoteles Microtel Inns de Argentina S.A Opens Microtel Inn & Suites in Buenos Aires ATLANTA (April 27, 2000) - Microtel Inns & Suites second international hotel has opened in Buenos Aires/Costa Salguero, Argentina. Located at Av. Rafael Obligado y Jeronimo Salguero s/n - Costanera, the hotel is owned and operated by Hoteles del Sol S.A. The new Microtel faces the Plate River and is five minutes from the Jorge Newbery Airport and the Costanera downtown shopping and entertainment area. There is also a Microtel property open in San Pedro Sula, Honduras. According to Charlie Pereira II...
Topline PROPHET Revenue Management System Installed At the MGM Grand Hotel/Casino in Las Vegas / April 2000
February 28, 2000
Hotel Online Special Report Topline PROPHET Revenue Management System Installed At the MGM Grand Hotel/Casino in Las Vegas COLUMBIA, Md.- April 26, 2000 -- The MGM Grand Hotel/Casino, The City of Entertainment, has recently installed the TopLine PROPHET revenue management system from OPUS 2 Revenue Technologies, a subsidiary of MICROS Systems, Inc. (NASDAQ: MCRS). Installation at the 5,034-room, 115-acre Las Vegas property was completed in mid-January of this year. A consulting team from OPUS 2 has worked closely with revenue management and MIS specialists at the MGM Grand to execute this record-breaking ins...
Amstar Group, Ltd Assigns MeriStar the Managment Contract for Nordic Hills Resort / April 2000
February 28, 2000
Hotel Online Special Report Amstar Group, Ltd Assigns MeriStar the Managment Contract for Nordic Hills Resort WASHINGTON - April 24, 2000 -- MeriStar Hotels & Resorts (NYSE: MMH) the nations largest independent management company, today announced that the company has signed an agreement to manage the Nordic Hills Resort & Conference Center in Itasca, Ill., a western suburb of Chicago. The property was recently purchased by an affiliate of Denver-based Amstar Group, Ltd. (Amstar), a private national real estate investment company. This is the second property we will manage for Amstar, and we are delighted to h...
Sol Melia Develops Further in The Mediterranean With Two New Hotels In Tunisia Owned by the El Mouradi Group / April 2000
February 28, 2000
Hotel Online Special Report Sol Melia Develops Further in The Mediterranean With Two New Hotels In Tunisia Owned by the El Mouradi Group Singapore, 28 April 2000 - Sol Meliá and the El Mouradi group have signed an agreement by which the leading hotel chain will incorporate two new franchised hotels in Tunisia: the Meliá Palmarina and the Meliá Africa. The agreement is a show of the confidence by the owners following a three year working arrangement which has resulted in the renewal of franchise contracts for the other 7 Sol Meliá hotels in Tunisia for another 5 years. According to the Vice Chairman of Sol M...
Tampa Marriott Waterside the 2000th Marriott Property Worldwide / April 2000
February 28, 2000
Hotel Online Special Report Tampa Marriott Waterside the 2000th Marriott Property Worldwide TAMPA, Fla., April 26, 2000 - Marriott International, Inc. (NYSE: MAR), which started as a nine-seat root beer stand in 1927, and J.W. Marriott, Jr., the son of its founder, celebrated the companys opening of its 2000th property worldwide today in ceremonies at the new Tampa Marriott Waterside convention resort hotel. Marriott Internationals chairman and chief executive officer marked the milestone by recognizing the companys 14 lodging brands, thanking its more than 145,000 employees, and emphasizing its growth c...
Mark Manring Named Vice President of Operations for Larry Blumberg & Associates / April 2000
February 28, 2000
Hotel Online Special Report Mark Manring Named Vice President of Operations for Larry Blumberg & Associates DOTHAN, Alabama (April 6, 2000) - - - - Larry Blumberg, Chairman and CEO, announces the appointment of Mark Manring as Vice President of Operations for Larry Blumberg & Associates, a full service hotel development and management company. Manring, a 20-year veteran of the hospitality industry, will be responsible for the operations of all 18 LBA-managed hotels, including the new Courtyard Lakeland (FL), and the Fairfield Inn Tallahassee (FL). He will also focus on expanding the companys equity partner an...
Michael Prager, Formerly of Bass Hotels, Named SVP and Managing Director of London-based Utell / April 2000
February 28, 2000
Hotel Online Special Report Michael Prager, Formerly of Bass Hotels, Named SVP and Managing Director of London-based Utell SINGAPORE (April 24, 2000) Dallas-based Pegasus Solutions, Inc. (Nasdaq: PEGS), a leading worldwide provider of hotel industry transaction processing and electronic commerce services, today announced the appointment of Michael Prager to senior vice president and managing director of London-based Utell, the hotel reservations and marketing service Pegasus acquired as a result of its acquisition of Phoenix-based REZsolutions, Inc. Based in London, Prager will be responsible for directing Ute...
February 28, 2000
Hotel Online Special Report Mirage Earnings Grow by 16% for1st Quarter 2000; Bellagios ADR Runs $171 at 99% Occupancy LAS VEGAS, April 19, 2000 - Mirage Resorts, Incorporated (NYSE: MIR) today announced record quarterly earnings for the first quarter of 2000 of $61.0 million ($0.31 per share) before preopening costs and unusual items. This surpasses the previous record of $59.4 million ($0.30 per share) set in the first quarter of 1996. The recent quarters earnings grew by $8.3 million, or 16%, over the comparable $52.7 million ($0.28 per share) reported in the first quarter of 1999. New quarterly re...
Mark Gordon Named Managing Director and Head of the Lodging and Leisure Group of Sonnenblick-Goldman Company / April 2000
February 28, 2000
Hotel Online Special Report Mark Gordon Named Managing Director and Head of the Lodging and Leisure Group of Sonnenblick-Goldman Company New York, NY - April 26, 2000 - Mark Gordon has been promoted to Managing Director and head of the Lodging and Leisure Group of Sonnenblick-Goldman Company. Mr. Gordon, who has also become a Principal of the firm, is based in Sonnenblick - Goldmans New York headquarters. Mr. Gordons primary responsibilities include the procurement of capital through structured finance and sale transactions for the firms lodging clients. In addition to these responsibilities, he will now b...
MGM Grand Obtains $4.3 billion in Bank Financing for Mirage Acquisition / April 2000
February 28, 2000
Hotel Online Special Report MGM Grand Obtains $4.3 billion in Bank Financing for Mirage Acquisition LAS VEGAS, April 13,2000 - MGM Grand, Inc. (NYSE: MGG) today announced that it has entered into agreements with a group of banks to provide $4.3 billion in credit facilities. The credit facilities are comprised of a $2.0 billion five-year revolving facility, a $1.0 billion 364-day revolving facility and a $1.3 billion one-year term loan. MGM Grand expects to draw on these facilities in connection with its pending acquisition of Mirage Resorts, Incorporated (NYSE: MIR). This completes the commercial bank financing for ...
MGM Grand Reports Record First Quarter Revenue, Cash Flow and Earnings; MGMGrand Las Vegas Recorded an ADR of $110 and Occupancy of 97.2% / April 200
February 28, 2000
Hotel Online Special Report MGM Grand Reports Record First Quarter Revenue, Cash Flow and Earnings; MGM Grand Las Vegas Recorded an ADR of $110 and Occupancy of 97.2% LAS VEGAS, April 18, 2000 - MGM Grand, Inc. (NYSE: MGG) today reported record results, which produced all-time record revenue, cash flow and earnings per share for the first quarter ended March 31, 2000. Earnings per share for the first quarter, before non-recurring expenses, doubled to 42 cents a share, up from 21 cents a share in the prior years quarter. These results exceeded the average estimate of 34 cents for the first quarter from ...
Marriott International 1st Quarter Boosted by Higher Room Rates at U.S. Hotels and Strong Interval Sales for Vacation Ownership Resorts / April 2000
February 28, 2000
Hotel Online Special Report Marriott International 1st Quarter Boosted by Higher Room Rates at U.S. Hotels and Strong Interval Sales for Vacation Ownership Resorts WASHINGTON, April 13, 2000 - Marriott International, Inc. (NYSE: MAR) today reported that its diluted earnings per share increased five percent to 40 cents in its 2000 first quarter ended March 24, before the impact of a one-time charge in its distribution services business. Net income before the charge rose three percent to $103 million. Sales totaled $2.2 billion, an increase of 14 percent compared to the 1999 first quarter. The company said that its...
