Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
Denise Troche, DOS at Las Colinas, TX, Candlewood Suites, Awarded Director of Sales of the Year by Candlewood Suites / Feb 2000
January 30, 2000
Hotel Online Special Report Denise Troche, DOS at Las Colinas, TX, Candlewood Suites, Awarded Director of Sales of the Year by Candlewood Suites WICHITA, Kan. - Feb. 23, 2000 - Candlewood Suites says its unique sales strategy paid off in 1999 and recently recognized top performers with special awards and prizes. Each individual Candlewood Suites boasts its own professional and dedicated sales teamcontinually trained to meet the needs of the local community and local businesses. Having a professional salesperson at every property is just one of the things that makes Candlewood Suites a top performing brand,...
Choice Hotels Improved 1999 Results by Raising RevPAR, Improving Royalty Revenues and Adding 301 Hotels / Feb 2000
January 30, 2000
Hotel Online Special Report Choice Hotels Improved 1999 Results by Raising RevPAR, Improving Royalty Revenues and Adding 301 Hotels SILVER SPRING, Md., Feb. 8, 2000 - Choice Hotels International, Inc. (NYSE: CHH) today reported 1999 recurring net income of $57.2 million, or $1.03 recurring diluted earnings per share (EPS), increases of 22.7% and 32.1%, respectively, over the $46.6 million in recurring net income and $0.78 recurring diluted EPS reported for 1998. For fourth quarter 1999, the company reported recurring net income of $14.8 million, or $0.27 recurring diluted EPS, compared to $12.1 million, or $0.2...
Theresa L. Johnson and Chris Bruning Appointed General Managers for Leisure Hotels / Feb 2000
January 30, 2000
Hotel Online Special Report Theresa L. Johnson and Chris Bruning Appointed General Managers for Leisure Hotels February 9, 2000 - Leisure Hotels, L.L.C. has announced the appointment of Theresa L. Johnson as general manager of the soon-to-open Microtel Inn & Suites at 2917 W. Main Street in Independence, which will open in early 2000. Microtel Inn & Suites is the fastest growing chain of all newly-constructed, interior corridor, budget/economy hotels in the U.S. Prior to joining Microtel, Johnson worked as the assistant manager of the Pheasant Hills Apartment complex in Independence. She also spent three y...
Lodging Leisure Companies at Crucial Juncture, Investors Focused on Evaluating Which Business Models Will Succeed / Brian Maher, VP and Senior Lodgi
January 30, 2000
Hotel Online Special Report Lodging Leisure Companies at Crucial Juncture, Investors Focused on Evaluating Which Business Models Will Succeed / Brian Maher, VP and Senior Lodging Leisure Analyst - Credit Lyonnais Securities NEW YORK, Feb. 15, 2000 - In a vital review of this evolving sector for investors and industry professionals, this Lodging Leisure Sector report features an in-depth analysis of the sector by leading expert Brian Maher, Vice President and Senior Lodging Leisure Analyst with Credit Lyonnais Securities (USA). Lodging Leisure companies are at a crucial juncture, with investors ...
Black Hawk, Colorado A Top Performing Gaming Area in the U.S. in 1999 With a Full Year Gain of 30.5% to $355 Million / Feb 2000
January 30, 2000
Hotel Online Special Report Black Hawk, Colorado A Top Performing Gaming Area in the U.S. in 1999 With a Full Year Gain of 30.5% to $355 Million HOUSTON, Feb. 2, 2000 - Nevada Gold Casinos, Inc. (OTC Bulletin Board: UWIN; BSE: UWN), a resorts and entertainment company, announced today that Black Hawk, Colorado, as reported by the city of Black Hawk, was the top performing gaming area in the U. S. in 1999 with a gain of 30.5% to $355 million. For the year, Colorado casinos gaming win jumped 15% to $551 million. The Company holds a 43% stake in the Isle of Capri Casino in Black Hawk in a joint venture with Isle o...
Best Inns & Suites Using The Rooms Chronicle as a Common Sense Training Tool / Feb 2000
January 30, 2000
Hotel Online Special Report Best Inns & Suites Using The Rooms Chronicle as a Common Sense Training Tool ATLANTA (Jan. 31, 2000) - Best Inns & Suites - the chain of mid-priced economy hotels - has entered into a partnership with The Rooms Chronicle (TRC) to provide the training and rooms management publication to employees at all Best hotels. Best Inns & Suites is the first chain to offer TRC to employees nationwide. TRC, known as the nations premier sourcebook for hotel rooms-division managers and staff, is designed as a training tool to improve a hotels operation and make a difference in employees atti...
Julie Beattie Appointed Corporate Marketing Director for Amanresorts / Feb 2000
January 30, 2000
Hotel Online Special Report Julie Beattie Appointed Corporate Marketing Director for Amanresorts 28th February 2000 - Amanresorts is delighted to announce the appointment of Ms Julie Beattie to the position of Corporate Marketing Director, a position that is based at their new global administrative offices in Singapore. Julie brings to this role over twenty years experience in the travel and hospitality industry, specializing in hotel & resort marketing, reservations technology, media relations and corporate communications. In this role, Julie will be responsible for maintaining and enhancing the ...
Beach House Bal Harbour Receives Sweeping Multi-million-Dollar Renovation Led byScott Sanders of the POLO Ralph Lauren Residential Design Team / Feb 2
January 30, 2000
Hotel Online Special Report Beach House Bal Harbour Receives Sweeping Multi-million-Dollar Renovation Led by Scott Sanders of the POLO Ralph Lauren Residential Design Team February 2000 - Reminiscent of the great oceanfront homes of the Hamptons, Nantucket and Coastal Maine, Beach House Bal Harbour is the Rubell family's vision of the ideal summer home - comfortable, unpretentious, luxurious, and decidedly low-key. "When I think of the beach," explains matriarch Mera Rubell, "I think about spending the whole day in a bathing suit, tracking sand into the house, eating great meals with everyone in the family sitting...
Barona Tribe Secures $18.9 million in Wall Street Financing to Fund Construction of Championship 18-hole Golf Course / Feb 2000
January 30, 2000
Hotel Online Special Report Barona Tribe Secures $18.9 million in Wall Street Financing to Fund Construction of Championship 18-hole Golf Course SAN DIEGO - Feb. 14, 2000--The Barona Band of Mission Indians announced today that the Tribe has secured $18.9 million in municipal bond financing to fund the construction of a championship 18-hole golf course scheduled to open in the summer of 2000 on the Barona Indian Reservation. The golf course is only part of Baronas $150 million expansion plans, which also includes a 125-room resort hotel and new casinotwice the size of the current casino. Designed by...
Best Western International Surpasses 4,000 Properties – International Expansion a Key to Growth / Feb 2000
January 30, 2000
Hotel Online Special Report Best Western International Surpasses 4,000 Properties International Expansion a Key to Growth Phoenix, Jan. 28, 2000 - Best Western International, which already lays claim as the worlds largest single hotel brand, recently added its 4,000th member. This is quite a milestone for us, explains Jim Evans, president and ceo of Best Western International. Although growth is not the sole indicator of a companys success, it is certainly a benchmark that clearly indicates long-term value and consumer acceptance. Best Western wrapped up 1999 with 313,247 rooms in 4,037 properties in...
Bristol Hotels Resorts Reports Annual RevPAR Growth of 5.0%/ Multi-year Redevelopment Program Transforms Hotel Portfolio into Like-new Condition / Feb
January 30, 2000
Hotel Online Special Report Bristol Hotels Resorts Reports Annual RevPAR Growth of 5.0% Multi-year Redevelopment Program Transforms Hotel Portfolio into Like-new Condition DALLAS - Feb. 1, 2000 - Bristol Hotels Resorts (NYSE:BH) (the Company, Bristol) today reported recurring earnings of $1.2 million, or $0.07 per diluted share for the fourth quarter 1999, compared to earnings of $1.5 million, or $0.09 per diluted share for the same period last year, and ahead of analysts consensus expectation of $0.04. Excluded are non-recurring items related to the previously-announced organizational real...
ASTON's Honolulu Prince Hotel Receives $400,000 in New Improvements / Feb 2000
January 30, 2000
Hotel Online Special Report ASTON's Honolulu Prince Hotel Receives $400,000 in New Improvements HONOLULU (Jan.25, 2000) After spending $400,000 on improvements, ASTON's Honolulu Prince Hotel now welcomes travelers with more amenities and a fresh new look. The hotel now offers a new sitting area, adjacent to the main lobby, which provides a common area to relax, plan the day's activities or mingle with others. The area features tropical rattan furniture and vending machines for refreshments and snacks. All 125-rooms have received more than $150,000 in interior upgrades including new natural carpeting, Hawaiian folia...
The Boston Cambridge Hotel Market 1999 in Review / Matthew Arrants / Feb 2000
January 30, 2000
Hotel Online Special Report The Boston Cambridge Hotel Market 1999 in Review by Matthew Arrants, Pinnacle Advisory Group February 2000 - In 1999 the Boston Cambridge lodging market continued its strong performance. As projected in our year-end 1998 report, however, market occupancy continued to decline from its 1997 high of 79 percent. In 1999 occupancy levels declined by just over a point to 77.2 percent from 78.3 percent in 1998. But the decline in occupancy was offset by strong growth in average room rates, which increased in 1999 by 6.9 percent to $188.77. The strong growth in average room rates al...
Adam's Mark Submits Proposed Settlement Agreement to U.S. Department of Justice / Feb 2000
January 30, 2000
Hotel Online Special Report Adam's Mark Submits Proposed Settlement Agreement to U.S. Department of Justice ST. LOUIS, Feb. 24, 2000 - Adams Mark Hotels Resorts announced today that it has submitted a proposed settlement agreement to the U.S. Department of Justice to resolve a discrimination lawsuit pending against the company. Fred Kummer, chairman and chief executive officer of HBE Corporation, Adam Marks parent company, said the proposed agreement would assure that guest service policies and practices at the 21-hotel chain are non-discriminatory. The settlement agreement also asks that Project Equal...
Accor 1999 Consolidated Sales up 8.5%; Hotel Network Grows to 3,234 Hotels and 354,652 Rooms / Feb 2000
January 30, 2000
Hotel Online Special Report Accor 1999 Consolidated Sales up 8.5% Hotel Network Grows to 3,234 Hotels and 354,652 Rooms Hotel RevPAR by Country Paris, February 4, 2000. - Accor consolidated sales for the year ended December 31, 1999 amounted to EUR 6,105 million (FRF 40,034 million), up 8.5% from the 1998 level on a published basis (EUR 5,623 million - FRF 36,881 million). In the fourth quarter, revenues jumped by 12.3%, thanks to a healthy year-end performance in hotels and corporate services. The 8.5% increase in revenues breaks down as follows : growth of existing activities (on a constant structural an...
Thakral Holdings Ltd Appoints Accor as Managers of the Hindley Parkroyal in Adelaide / Feb 2000
January 30, 2000
Hotel Online Special Report Thakral Holdings Ltd Appoints Accor as Managers of the Hindley Parkroyal in Adelaide To be rebranded Novotel to complete Accors national hotel network 10 February, 2000: Thakral Holdings Ltd has appointed Accor as managers of their prime Adelaide hotel, the Hindley Parkroyal. Accor will take over management of the hotel from current managers, Southern Pacific Hotels Corporation (recently purchased by Bass), from 18 April 2000, when the hotel will be rebranded Novotel Adelaide on Hindley. The management contract follows Accors recent acquisition from Thakral of the All Seasons gr...
Accor Upgrades its 1999 Result Forecasts / Feb 2000
January 30, 2000
Hotel Online Special Report Accor Upgrades its 1999 Result Forecasts Paris, February 9, 2000. - Accor upgrades its 1999 result forecasts, taking into account the better than expected fourth quarter sales. Total income from operations should post an increase of 18%, at EUR 587 million (FRF 3,850 million), compared to the previous forecast of 15%. Net income, Group share, should increase by 15% to EUR 342 million (FRF 2,245 million), compared to the previous forecast of 10%. 1999 Accor consolidated sales, published on February 4, posted EUR 6,105 million, up 8.5%. Excluding the impact of the disposal of Europcar, t...
Global Hospitality Industry Needs to Place Greater Emphasis on Customer Ownership and E-commerce Strategy / Arthur Andersen / Feb 2000
January 30, 2000
Hotel Online Special Report Global Hospitality Industry Needs to Place Greater Emphasis on Customer Ownership and E-commerce Strategy More Investment Should Be Made in Branding and Customer Loyalty Systems to Increase Marketshare Los Angeles - February 8, 2000 - Key megatrends influencing the global hospitality industry in the new economy of the 21st century indicate that customer ownership will be the key to securing and maintaining competitive advantage, according to Arthur Andersen. These megatrends, including consolidation, convergence, the cyclical nature of the industry, the efficient use of real estate, di...
Hotel Online's List of Lodging and Gaming Stocks at September 30, 1999
April 30, 1999
Hotel Online's List of Lodging and Gaming Stocks Ranked by % Gain/Loss for the Nine Months Ending Sept 30, 1999 9 Months 1999 Sym Rank Company Price Price Price Price Gain/ % Gain/ 12/31/96 12/31/97 12/31/98/ 9/30/99 (Loss) (Loss) stn 1 Station Casinos 10.13 10.19 8.19 23.25 15.06 183.9 % isle 2 Isle of Capri 3.19 2.44 3.97 10.00 6.03 151.9 % hwd 3 Hollywood Casino 2.88 1.84 1.03 2.50 1.47 142.7 % luck 4 Lady Luck Gaming ...
The Hawthorn Suites Golf & Convention Resort Under Construction in Ruidoso, New Mexico / Sept 1999
April 30, 1999
Hotel Online Special Report The Hawthorn Suites Golf & Convention Resort Under Construction in Ruidoso, New Mexico ATLANTA (Sept. 7, 1999) - Hutchinson, Kansas-based Leisure Hotels, L.L.C. broke ground on August 31 on New Mexico's first Hawthorn Suites at 107 Sierra Blanca Dr. in Ruidoso. The Hawthorn Suites Golf & Convention Resort, an all-suites resort hotel featuring business and extended-stay accommodations, is located adjacent to The Links Golf Club and the Ruidoso Convention Center, with 33,000 square feet of meeting facilities. A mid-2000 opening is planned. Hawthorn Suites in Ruidoso will be a thre...
Brett Dungan and Winston Zahra Named Young Hoteliers of the World 1999 by the IH&RA / Oct 1999
April 30, 1999
Hotel Online Special Report Brett Dungan and Winston Zahra "Named Young Hoteliers of the World 1999" by the IH&RA Paris, 18 October 1999 Brett Dungan, general manager of Cayley Lodge in Winterton, South Africa, and Winston Zahra, director of operations at the Radisson SAS Bay Point Resort in Malta, have been named Young Hoteliers of the World 1999 by the International Hotel & Restaurant Association (IH&RA). The award was presented today at the IH&RA Annual Congress, meeting this week in Durban, South Africa. The Young Hoteliers of the World programme was created with HOTELS magazine, the IH&RAs ...
Wyndham Casa Marina Resort Beach House to Become a Flagship Resort Upon Completion of $8.5 Million Renovation / Oct 1999
April 30, 1999
Hotel Online Special Report Wyndham Casa Marina Resort Beach House to Become a Flagship Resort Upon Completion of $8.5 Million Renovation DALLAS - Oct. 1, 1999 - Two landmark Key West, Fla., properties have been united into a single Wyndham Resort complex, according to James D. Carreker, chairman and chief executive officer of Wyndham International, Inc. (NYSE:WYN). The former Marriott Casa Marina Resort and the adjacent Marriott Reach have been combined to create the 461-room Wyndham Casa Marina Resort Beach House. Upon completion of an $8.5 million renovation the hotel will be a premier resort w...
Washington State Tourism Officials Focusing on Breakations and Wine / Oct 1999
April 30, 1999
Hotel Online Special Report Washington State Tourism Officials Focusing on Breakations and Wine OLYMPIA, Wash., Oct. 15, 1999 - Washington state is launching a new consumer marketing campaign aimed at increasing the number of breakations or shorter, overnight stays Washington residents take inside their own state. Visitors who want to enjoy Washingtons natural, recreational and cultural attractions will also be targeted, according to Tourism director, Robin Pollard. Our latest research shows half of all tourism dollars come from our own residents, said Pollard. To entice Seattle and Spokane residents...
Jay S. Witzel Resigns as President and COO at Extended Stay America, Inc / Oct 1999
April 30, 1999
Hotel Online Special Report Jay S. Witzel Resigns as President and COO at Extended Stay America, Inc FORT LAUDERDALE, Fla. - Oct. 20, 1999 - Extended Stay America, Inc. (NYSE: ESA) announced today that Jay S. Witzel has resigned his position as President and Chief Operating Officer of ESA Management, Inc. to pursue other interests. Prior to joining the Company in August 1997, Mr. Witzel served as President of Radisson Hospitality Worldwide, Minneapolis, MN. Mr. Witzel expects to make an announcement regarding his future plans within several weeks. Mr. George D. Johnson, Jr., Chief Executive Officer of the Co...
