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January 30, 2000
Hotel Online Special Report $100 million Casino and Hotel Project Proposed by Rincon San Luiseno Band of Mission Indians and Harrah's in Southern California LAS VEGAS, Jan. 18, 2000 - Harrahs Entertainment, (NYSE: HET) today announced that one of its subsidiaries signed a letter of intent with the Rincon San Luiseno Band of Mission Indians (Rincon) to develop and operate a $100 million casino and hotel project on Rincon tribal land in Southern California. This is the first agreement reached between a California Indian tribe and a major gaming company. Rincons 600 tribal members are seeking the self...
Radisson Creates New Brand Identity and New Company Name / Jan 2000
January 30, 2000
Hotel Online Special Report Radisson Creates New Brand Identity and New Company Name MINNEAPOLIS, Jan. 18, 2000 - Radisson Hotels Worldwide, culminating a major refinement of brand positioning and a record-breaking period of global growth, today unveiled a striking, contemporary new brand identity and new company name, reflecting the companys 21st century strategy for leadership in the worlds travel industry. Today company officials unveiled the new look of Radisson: a contemporary, stylized signature of the Radisson name, reflective of an artists script and underlined with a bold, distinctive g...
Boca Resorts, Inc. Second Quarter Results Validate Strategy of Owning Premier Resorts in Markets with Significant Barriers to New Properties / Jan 2
January 30, 2000
Hotel Online Special Report Boca Resorts, Inc. Second Quarter Results Validate Strategy of Owning Premier Resorts in Markets with Significant Barriers to New Properties FORT LAUDERDALE, Fla., Jan. 26, 2000 - Boca Resorts, Inc. (NYSE: RST), a leading owner of luxury resorts and entertainment and sports businesses, today reported operating results for its second quarter ended December 31. Net income for the three months ended December 31, 1999 was $3.5 million, or $0.09 per diluted share, and was $0.01 better than consensus estimates as reported by market service, First Call/Thomson Financial. Second quart...
January 30, 2000
Hotel OnlineSpecial Report Priyan Jayetileke, Director of Engineering at Vancouvers 385 room, Four Seasons Hotel, Tackles Corrosion of Copper Water Lines Servicing the Hotel A Comparison of Traditional and Modern Approaches to Repairing the Effects of Corrosion of Piping Systems A Hidden Time Bomb - Corrosion of Piping Systems A Comparison of Traditional and Modern Approaches to Repairing the Effects of Corrosion of Piping Systems A Hidden Time Bomb - Corrosion of Piping Systems January 2000 - Consistently rated the worlds premier luxury hospitality company, the Four Season...
Payless Lodging Providing Online Internet Reservations for Independent Lodging Operators / Jan 2000
January 30, 2000
Hotel Online Special Report Payless Lodging Providing Online Internet Reservations for Independent Lodging Operators ST. PETERSBURG, FL January 17, 2000 - Payless Car Rental System, Inc. launched a new website to provide on-line Internet reservations to independent lodging operators through its new subsidiary Payless Lodging. The Payless Lodging system can accommodate a variety of properties that range anywhere from Bed & Breakfasts, Hotels, Motels, Resorts, Suites, Condominiums, Vacation Homes, Apartments and Efficiencies. The website offers detailed pages with photos, property information, real-time rates a...
Korea Based HotelWeb Using Pegasus for Hotel Booking Capabilities / Jan 2000
January 30, 2000
Hotel Online Special Report Korea Based HotelWeb Using Pegasus for Hotel Booking Capabilities DALLAS, Jan. 18, 2000 - Dallas-based Pegasus Systems, Inc. (Nasdaq: PEGS) today announced GL Network International, a travel reservation service company based in Seoul, Korea, is tapping Pegasus to power the hotel booking capabilities for its new full-service Internet site, HotelWeb (www.hotelweb.co.kr). Recently launched, HotelWeb is available for the general public, as well as in a private label version for the corporate intranets of some of Koreas largest corporations. Pegasus Systems is a leading provider of hot...
The Changing World of E-Travel / PATA / January 2000
January 30, 2000
Hotel Online Special Report The Changing World of E-Travel The Changing World of E-Travel January 2000 - A slew of emerging new products and processes testify to the way technology is revolutionising distribution patterns, industry alliances, booking systems and marketing theories. Many were on show at the 1999 World Travel Market in London. How they will affect each segment of the Pacific Asia travel industry is becoming eminently dear. The following are a few that we found to be of interest. The Threat British tour operators nearly all agree that e-commerce is critical to the...
Novotel Survey Highlights Difference Between Men and Women Hotel Guests / Jan 2000
January 30, 2000
Hotel Online Special Report Novotel Survey Highlights Difference Between Men and Women Hotel Guests 10 January 2000: As 2000 starts, the annual Novotel survey has found that the sexes do agree - bacon and eggs is absolutely the best New Years day breakfast, and Berocca is a must have for any millennium hangover! The Novotel survey, now in its third year, highlights that women are fussier eaters, make more complaints and call for more doctors when staying at hotels, whereas men have a better knowledge of wine when ordering dinner, are more likely to buy a round of drinks for their mates and are noi...
Creating Atmosphere / Harry Nobles / January 2000
January 30, 2000
Hotel Online Special Report Creating Atmosphere E-mail: hospsvc001@aol.com by Harry Nobles, January 2000 Last month I attempted to define and describe atmosphere in a fine hotel; lets look now at steps you can take to create the atmosphere you want. I suggest that the first step should be to ensure that your door and bell staff know how important their appearance and conduct are in setting the tone. An alert, properly attired and groomed doorman exhibiting professional posture who greets me immediately and cordially at the door or on the curb tells me a lot about what I can expect at the property. ...
Newmarket Installs 516 Systems in 1999, Grows Revenue by 43% / Jan 2000
January 30, 2000
Hotel Online Special Report Newmarket Installs 516 Systems in 1999, Grows Revenue by 43% PORTSMOUTH, N.H. (January 13, 2000) - At its annual Kickoff meeting last week, Newmarket International announced its final numbers for 1999 and outlined its goals for the year 2000. Newmarket grew revenue by 43 percent in 1999 to over $40 million. Newmarket President Steve Giblin attributed the increase to the ahead-of-schedule launch of the company?s 7.2 product line, which includes the hotel cluster sales solution Delphi Multi-Property Edition, and the upgraded enterprise application Global SFA, which distrib...
On Command and LodgeNet Reveal Top Ten Movie Lists / Jan 2000
January 30, 2000
Hotel Online Special Report On Command and LodgeNet Reveal Top Ten Hotel Movie Lists On Command's Top Ten Movie List SAN JOSE, CA, January 6, 2000 - The Matrix was the most popular movie purchased by hotel guests during 1999, according to results released today by On Command Corporation (NASDAQ:ONCO), the leading provider of video-on-demand movies to hotels worldwide through its On Command and Spectravision services. The complete list follows: Top 10 Hotel Movies for 1999 1 - The Matrix (Warner Bros.) 2 - Enemy of the State (studio) 3 - Saving Private Ryan (studio) ...
Moyar Enterprises Inc. Hotels (MEI Hotels) Opens Boutique Hotel in Charlotte, North Carolina / Jan 2000
January 30, 2000
Hotel Online Special Report Moyar Enterprises Inc. Hotels (MEI Hotels) Opens Boutique Hotel in Charlotte, North Carolina CHARLOTTE, NC. January 13, 1999 - Moyar Enterprises Incorporated Hotels (MEI Hotels) is proud to announce the unveiling of its newest property, the Morgan Hotel and Suites of Charlotte, North Carolina. The hotel, located at 315 East Woodlawn Road, has undergone $4 Million of construction and renovation since it was taken over by MEI Hotels at the beginning of 1999. The Morgan concept was developed by MEI Hotels and its sister company, MEI Development. Art deco inspired furnishin...
ClubCorp Opening a Private Club in Luxembourg – Club Monnet Offers Dining and a Commitment to Fitness / Jan 2000
January 30, 2000
Hotel Online Special Report ClubCorp Opening a Private Club in Luxembourg - Club Monnet Offers Dining and a Commitment to Fitness DALLAS, Jan. 18, 2000 - ClubCorp, the worlds largest owner and operator of golf courses, private clubs and resorts, announces the grand opening of Club Monnet in Luxembourg. The newest member to the ClubCorp family is named after Jean Monnet, a champion for European integration and the first citizen of the United European States, which includes 15 Western European countries. ClubCorp began development in May 1998 and will officially open the club on January 21, 2000. Club Monne...
January 30, 2000
Hotel Online Special Report MarketFlash: NYC Hotel Occupancies DOWN for New Years Eve but Revenue Reaches Record Levels New York, January 7, 2000--Despite buoyant financial markets, strong retail sales, and the Y2K celebration, Midtown Manhattan hotels did not sell as many rooms on New Years Eve as last year. This taken from a survey of approximately 15,000 first-class hotel rooms in Midtown Manhattan. Occupancy levels on New Years Eve were down nearly four points from 1998, while room rates were up by more than 50 percent when the Millennium turned. While fears of terrorism and overcrowding may have...
Manhattan Lodging Report / Market Segment Analysis / Ernst & Young LLP / Jan 2000
January 30, 2000
Manhattan Lodging Report Market Segment Analysis Ernst & Young LLP 1999 AT A GLANCE The Waterford Crystal Ball's slow descent upon the millions of revelers in Times Square on December 31st signified the end of the Millennium, representing a symbolic backdrop to reminisce about the happenings of 1999 as well as the past century. Along with the festivities of the New Year, we celebrated another strong year for the Manhattan lodging market. The market was characterized by growth in average daily rates, healthy construction levels and increases to room night demand. Three new downtown hotels, the Wall Street Inn, the Ho...
Manhattan Lodging Report / Our Top Ten Thoughts for 2000 and Beyond / Ernst & Young LLP / Jan 2000
January 30, 2000
Manhattan Lodging Report - 1999 - Our Top Ten Thoughts for 2000 and Beyond - Including 20th Century Manhattan Milestones Ernst & Young LLP January, 2000 - The millennium and beyond should remain promising for the Manhattan lodging industry. Our top ten thoughts are as follows: 1. Stable to Decreasing Occupancy Levels: In 2000, we should see another slight decrease in overall Manhattan occupancy levels as new rooms continue to come on line as indicated in the Proposed Hotel Developments chart. Although, in Manhattan and on a national level, the economy is still quite robust, growth has moderated which has had an ...
Manhattan Lodging Report / Hotel Transactions & Developments / Ernst & Young LLP / Jan 2000
January 30, 2000
Manhattan Lodging Report - 1999 - Hotel Transactions - Including New Hotels and Developments Ernst & Young LLP January, 2000 - In 1999, Manhattan experienced nine major transactions (encompassing ten hotels) for a total consideration of $1.01 billion or $280,000 per room (excluding the Regal UN Plaza due to an undisclosed price) versus 1998 in which four major transactions (comprising nine hotels) were completed for approximately $607 million or $241,000 per room. Although the number of lodging transactions did not approach the volume of 1996 or 1997, it is clear that capital was more readily available in 1999 than ...
Manny Cortez, CEO of the Las Vegas Convention and Visitors Authority, Named theUnited States Person of the Year for 1999 by Travel Agent Magazine /
January 30, 2000
Hotel Online Special Report Manny Cortez, CEO of the Las Vegas Convention and Visitors Authority, Named the United States Person of the Year for 1999 by Travel Agent Magazine LAS VEGAS, Jan. 26, 2000 - Travel Agent magazine named Manuel J. Cortez, president and CEO of the Las Vegas Convention and Visitors Authority (LVCVA), the United States Person of the Year for 1999. The 70-year-old Travel Agent magazine is regarded internationally as the bible of the travel industry. In the selection process, editors and reporters nominated global leaders in the travel industry who have distinguished themselves thr...
Mike Leven Recipient of the 1999 ISHC Pioneer Award for Trend-Setting Work in Hotel Franchising / Jan 2000
January 30, 2000
Hotel Online Special Report Mike Leven Recipient of the 1999 ISHC Pioneer Award for Trend-Setting Work in Hotel Franchising MEMPHIS, Jan. 3, 2000 The International Society of Hospitality Consultants (ISHC) has selected Mike Leven, president and CEO of U.S. Franchise Systems, Inc. (Nasdaq: USFS) as the recipient of the 1999 ISHC Pioneer Award for his trend-setting work in hotel franchising. The Society annually recognizes an individual or organization that has advanced the hospitality industry by making an outstanding contribution, achievement or improvement. Judith L. Singer, chairm...
LeSPORT, St. Lucia, Completes a Comprehensive $9 million Refurbishment and Enhancement / Jan 2000
January 30, 2000
Hotel Online Special Report LeSPORT, St. Lucia, Completes a Comprehensive $9 million Refurbishment and Enhancement Cap Estate, St. Lucia (January 5, 2000) - LeSPORT, St. Lucia, has completed a comprehensive $9 million project with the addition of 52 rooms and suites and the refurbishment and enhancement of the public areas. With 15 new Grand Luxury Ocean Front Rooms, seven Grand Luxury Ocean Front Junior Suites, a Penthouse Suite and 29 Single Garden Rooms, the all-inclusive resort now has a total of 154 rooms and suites. One of the highlights is the addition of dedicated singles rooms. To cater ...
Vincent J. LaRuffa Named VP of Sales and Marketing at Stormont Trice Corp / Jan 2000
January 30, 2000
Hotel Online Special Report Vincent J. LaRuffa Named VP of Sales and Marketing at Stormont Trice Corp ATLANTA, Ga (December 1999)Vincent J. LaRuffa has been promoted to vice president of sales and marketing for Stormont Trice Corporation. Previously, he was corporate director of sales and marketing for the company. In his new position, LaRuffa will oversee the sales, marketing and revenue efforts of the companys 16 properties. In addition, he will be responsible for marketing Stormont Trice Corporation to the development and investor community. A hospitality industry veteran, LaRuffa began his ...
Landauer Economist Expects No Recession or Systemic Downturn in Real Estate Prices / Jan 2000
January 30, 2000
Hotel Online Special Report Landauer Economist Expects No Recession or Systemic Downturn in Real Estate Prices NEW YORK, Nov. 18, 1999 -- A steady real estate investment environment and vibrant economy continuing through the year 2000 was forecast by Landauer Realty Group, Inc. Chief Economist Hugh F. Kelly at a news briefing today. Landauer is the research and consultative services unit of Grubb Ellis Company (NYSE: GBE). The destiny of the real estate industry is, in large part, a function of embedded demographic patterns, Kelly said. The substantial population growth among 55-64 year-olds will create op...
Lodgian Reviewing Strategic Alternatives to Enhance Shareholder Value; Retaines Morgan Stanley Dean Witter / Jan 2000
January 30, 2000
Hotel Online Special Report Lodgian Reviewing Strategic Alternatives to Enhance Shareholder Value; Retains Morgan Stanley Dean Witter ATLANTA, Jan. 12, 1999 - Lodgian, Inc., (NYSE: LOD), one of the nations largest owners and operators of hotels, today provided the following investor communications in advance of fourth quarter 1999 earnings currently scheduled for release on March 22, 2000: Dear Lodgian Shareholders: Since concluding our first year following the December 11, 1998 merger of Servico and Impac Hotel Group, your companys Board of Directors would like to take this opportunity...
Keith Daub Named President and COO at Winegardner Hammons, Inc. / Jan 2000
January 30, 2000
Hotel Online Special Report Keith Daub Named President and COO at Winegardner Hammons, Inc. CINCINNATI, Jan. 3, 2000 - Winegardner Hammons, Inc. (WHI) President J. Erik Kamfjord is announcing changes in company leadership and responsibilities, effective January 1, 1999. The board of directors approved the promotions and changes to meet the challenges of the new millennium and continue the growth and success of WHI. J. Erik Kamfjord, president and chief executive officer (CEO) since 1978, is assuming his new role of company chairman while remaining CEO. Kamfjord will continue to provide the leadership, vision and...
