Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
Nevada Resort Association Declares Support for Las Vegas Convention Center Expansion Project / July 1999
March 30, 1999
Hotel Online Special Report Nevada Resort Association Declares Support for Las Vegas Convention Center Expansion Project LAS VEGAS, July 15, 1999 - Citing the need for additional convention center space in Las Vegas, the Nevada Resort Association (NRA) Board of Directors unanimously supported a resolution in support of the Las Vegas Convention and Visitors Authoritys (LVCVA) decision to expand the Las Vegas Convention Center (LVCC). Building this expansion guarantees that Las Vegas remains as the preeminent convention destination in the world. If we do not build this project, we will put that important position in...
Internet Loyalty Company; Netcentives Inc. Obtains Strategic Investments from American Express, Citigroup and Starwood Hotels and Resorts / July 1999
March 30, 1999
Hotel Online Special Report Internet Loyalty Company; Netcentives Inc. Obtains Strategic Investments from American Express, Citigroup and Starwood Hotels and Resorts SAN FRANCISCO - July 14, 1999-- Netcentives Inc., a leading developer of online promotion, direct marketing and loyalty programs, today announced that it has closed its latest round of funding with $36 million in investments. Terms of the deal were not disclosed. The financing, led by Bowman Capital Management, LLC, included strategic investments from American Express Company, Citigroup Inc., and Starwood Hotels and Resorts Worldwide, Inc., and new inves...
Big Apple Chapter of the Hospitality Sales & Marketing Association International Honors The Today Show for Significant Contribution to NYC Tourism / J
March 30, 1999
Hotel Online Special Report Big Apple Chapter of the Hospitality Sales & Marketing Association International Honors The Today Show for Significant Contribution to NYC Tourism New York, NY - July 9, 1999 - NBC's Today Show was recently chosen as the 1999 recipient of the Frank W. Berkman Tourism Achievement award. Matt Lauer, co-anchor of the Today Show, officially accepted the award at a black-tie gala, which was held on June 29, 1999 at the St. Regis Hotel. This award, which is granted by the Big Apple Chapter of the Hospitality Sales & Marketing Association International (HSMAI), recognizes those individuals ...
Online Travel Bookings Growth Continues, Infringing Upon the Role of Traditional Travel Agents / July 1999
March 30, 1999
Hotel Online Special Report Online Travel Bookings Growth Continues, Infringing Upon the Role of Traditional Travel Agents PORT WASHINGTON, N.Y - July 27, 1999 -- Nearly one-third of Internet users who visit travel-related Web sites have made online reservations using those sites, according to a new study by NPD Online Research. NPD reported that more visitors to airline, hotel and car rental Web sites are booking online than ever before. In 1999, 31% of individuals who visited airline sites booked their reservations on the Web, compared to only 21% in 1998. Twenty-eight percent of visitors to hotel sites booked online ...
Hotel Santa Marina, Mykonos, Joins the Starwood Hotels Resorts Luxury Collection / July 1999
March 30, 1999
Hotel Online Special Report Hotel Santa Marina, Mykonos, Joins the Starwood Hotels Resorts Luxury Collection WHITE PLAINS, N.Y., July 22, 1999 - Starwood Hotels Resorts announced today the addition of the Hotel Santa Marina, Mykonos, Greece, to its Luxury Collection. The Hotel Santa Marina at Ornos Bay, enjoys the best location on the island of Mykonos. The hotel is located directly on the Aegean Sea with expansive seafront and ocean bay frontage on three sides. The hotel and its marina have long appreciated a reputation of exclusivity, with its clientele including the worlds rich and famous. We are delighted t...
Mirage Reports on Opening of Beau Rivage and Impact of New Las Vegas Competition / July 1999
March 30, 1999
Hotel Online Special Report Mirage Resorts Reports on Opening of Beau Rivage and Impact of New Las Vegas Competition Indicates Second-Quarter Earnings Likely To be in the Range of $0.07 to $0.10 Per Share LAS VEGAS, July 1, 1999 - Mirage Resorts, Incorporated (NYSE: MIR) today announced that it expects to report second quarter earnings of approximately $0.07 to $0.10 per share. The Company reported earnings of $0.18 per share in the second quarter of 1998. Total revenues are expected to have risen approximately 82% in the quarter, reflecting the openings of the Bellagio resort on October 15, 1998 and Beau Rivage on...
Sovereign Hotel in Miami Beach, Fla., and the to-be-built Fala Bella Resort and Golf Club of Naples to be Managed by MeriStar / July 1999
March 30, 1999
Hotel Online Special Report Sovereign Hotel in Miami Beach, Fla., and the to-be-built Fala Bella Resort and Golf Club of Naples to be Managed by MeriStar WASHINGTON, D.C. - July 23, 1999-- MeriStar Hotels Resorts, Inc. (NYSE: MMH), the nations largest independent hotel management company, today announced that it has signed agreements to manage the Sovereign Hotel in Miami Beach, Fla., and the to-be-built Fala Bella Resort and Golf Club of Naples. These two upscale resort properties mark our entry into the Miami and Naples markets and represent significant additions to our growing portfolio of resorts and golf cours...
PGE Energy Services to Provide Marriott International with Comprehensive Energy Management / July 1999
March 30, 1999
Hotel Online Special Report PGE Energy Services to Provide Marriott International with Comprehensive Energy Management SAN FRANCISCO - July 12, 1999--PGE Energy Services, a retail unit of PGE Corporation (NYSE:PCG), (PGE Energy Services is not the same company as Pacific Gas and Electric Company, the utility) and The Marketplace by Marriott, the procurement arm of Marriott International, Inc. (NYSE:MAR), today announced a long-term contract for electricity supply and comprehensive energy management services at hundreds of Marriott-managed and franchised hotels, resorts, suites, distribution centers and senior living com...
MeriStar Credits Seasoned Operating and Sales Teams for Increased 2nd Quarter Earnings / July 1999
March 30, 1999
Hotel Online Special Report MeriStar Credits Seasoned Operating and Sales Teams for Increased 2nd Quarter Earnings EPS Up 27%; Comparable RevPAR Increases 4.0% WASHINGTON - July 26, 1999--MeriStar Hotels Resorts, Inc. (NYSE: MMH), the nations largest independent hotel management company, today announced results for the quarter ended June 30, 1999. Earnings for the 1999 second quarter rose to $5.3 million, or $0.19 per share on a diluted basis, an increase of 27 percent. Revenues for the period increased 26 percent to $345.2 million, and earnings before interest expense, income taxes, depreciation and amortiz...
Marriott International 2nd Qtr Results Reflect Strong Performance from Full-Service and Luxury Hotel Brands / July 1999
March 30, 1999
Hotel Online Special Report Marriott International 2nd Qtr Results Reflect Strong Performance from Full-service and Luxury Hotel Brands Posts 14% Increase In 1999 Second Quarter Earnings per Share WASHINGTON, July 8, 1999 - Marriott International, Inc. (NYSE: MAR) today reported diluted earnings per share of 42 cents for its 1999 second quarter ended June 18, an increase of 14 percent over 37 cents in the corresponding 1998 quarter. Net income for the 1999 second quarter was $114 million, up 13 percent from $101 million in the preceding year. Sales were $2.0 billion, an increase of six percent versus the 1...
Rhett Long and William Wright Promoted at Park Place Entertainment's Reno Hotels / July 1999
March 30, 1999
Hotel Online Special Report Rhett Long and William Wright Promoted at Park Place Entertainment's Reno Hotels LAS VEGAS - July 27, 1999--Park Place Entertainment Corp. (NYSE:PPE) announced today the promotions of Rhett Long and William Wright effective Aug. 1, 1999. Long will take on general manager responsibilities for the Reno Hilton where he is currently senior vice president-hotel operations. Long, a 19-year veteran of the hospitality industry, has been with the property since 1997. At the Flamingo Hilton Reno, Wright will be promoted to senior vice president-general manager. Wright, who has been with the C...
Loews Hotels Puts Loews New York Hotel, the Howard Johnson Hotel, and the Days Hotel in New York Up for Sale / July 1999
March 30, 1999
Hotel Online Special Report Loews Hotels Puts Loews New York Hotel, the Howard Johnson Hotel, and the Days Hotel in New York City Up for Sale New York, NY - June 30, 1999 - Loews Hotels has retained Sonnenblick-Goldman Company, the New York-based real estate investment banking firm, to arrange the sale of the Loews New York Hotel, the Howard Johnson Hotel, and the Days Hotel in New York. Opened in 1961, the Loews New York Hotel is a full-service property located in the heart of midtown Manhattan at 569 Lexington Avenue (at 51st Street). The 722 room hotel has 12,500 square feet of meeting space, a restaur...
Lodgian Completes $565 Million Recapitalization in Current Tight Market for Capital / July 1999
March 30, 1999
Hotel OnlineSpecial Report Lodgian Completes $565 Million Recapitalization in Current Tight Market for Capital Summary of Transaction Highlights: $240 million senior secured, floating rate bank term loan with a maturity of seven years; Up to $125 million in available financing for working capital and external growth; $200 million senior subordinated notes with a maturity of ten years; ATLANTA, July 26, 1999 - Lodgian, Inc. (NYSE: LOD), one of the nations largest owners and operators of hotels, is pleased to announce today the successful completion of a $565 million recapitalization program. Morgan St...
Leisure Hotels, L.L.C Opens Hutchinson, Kansas Microtel Inn & Suites / July 1999
March 30, 1999
Hotel Online Special Report Leisure Hotels, L.L.C Opens Hutchinson, Kansas Microtel Inn & Suites Microtel Reaches Milestone with Opening of 150th Hotel ATLANTA (June 25, 1999) - Microtel Inn & Suites, the fastest growing chain of all-newly constructed, interior corridor, budget/economy hotels in the nation, has opened its 150th property at 1420 N. Lorraine in Hutchinson, Kansas. The newest Microtel, owned and operated by Hutchinson-based Leisure Hotels, L.L.C., held its official ribbon-cutting ceremony on Tuesday, June 22. Leisure Hotels, L.L.C., which entered into an alliance with USFS in 1998, is currently develop...
The Legacy Golf Resort Is the First Golf Resort to Open in Phoenix in More Than Ten Years / July 1999
March 30, 1999
Hotel Online Special Report The Legacy Golf Resort Is the First Golf Resort to Open in Phoenix in More Than Ten Years Launches Web Site Phoenix, AZ, June, 1999 - The Legacy Golf Resort, currently under construction in the scenic foothills of the South Mountain region of Phoenix, Arizona, is the first golf resort opening in the Phoenix Metropolitan area in more than ten years*. This four-star caliber resort, complete with deluxe suite accommodations, an 18-hole championship golf course, a clubhouse, a health club facility, numerous recreational amenities and 450 homesites is scheduled to open in October, 1999. ...
Knights Franchise Systems, Inc. Signs Master Franchise Agreement with AFM Hospitality for Canada Expansion / July 1999
March 30, 1999
Hotel Online Special Report Knights Franchise Systems, Inc. Signs Master Franchise Agreement with AFM Hospitality for Canada Expansion Parsippany, NJ, July 8, 1999 - Answering the call for quality budget lodging in Canada, Knights Franchise Systems, Inc. today announced the signing of the chains first international master franchise agreement for the development of Knights Inn® hotels in Canada. The agreement, which was signed with AFM Hospitality of Toronto, is expected to bring more than 100 properties into the Knights Inn system over the next five years. Based on our existing relationship, we know AFM ...
Robert Knigge Appointed Director of Sales at Pan Pacific San Francisco / July 1999
March 30, 1999
Hotel Online Special Report Robert Knigge Appointed Director of Sales at Pan Pacific San Francisco San Francisco, CA June 25, 1999 - The Pan Pacific San Francisco's General Manager Volker Ulrich recently named Robert Knigge as the new Director of Sales & Marketing, effective May 24,1999. Knigge will be responsible for managing a staff of 8 sales managers and assistants and will also oversee the catering and convention services staff of 7. Knigge was most recently the Director of Sales & Marketing at San Francisco's Sir Francis Drake Hotel. In addition, he has held several sales management positions with such prope...
Fred Kleisner Leaves Starwood; Joins Wyndham as President and COO / July 1999
March 30, 1999
Hotel Online Special Report Fred Kleisner Leaves Starwood; Joins Wyndham as President and COO DALLAS - July 12, 1999--Wyndham International, Inc. (NYSE: WYN) today announced that Fred J. Kleisner has been named President and Chief Operating Officer. Kleisner, 54, joins Wyndham from Starwood Hotels Resorts Worldwide, Inc., where he has been President and Chief Operating Officer of The Americas Hotel Group, with responsibility for directing operations of all the Starwood Hotel Group brands in North America, Central America, South America, Hawaii and the Caribbean. James D. Carreker, Chief Executive Officer of Wyndham...
American Hospitality Management Company to Manage 1st Key West Inn & Suites Now Under Construction in Sebastian, Florida / July 1999
March 30, 1999
Hotel Online Special Report American Hospitality Management Company to Manage First Key West Inn & Suites Now Under Construction in Sebastian, Florida Minneapolis, MN, July 7, 1999 - American Hospitality Management Company is pleased to announce being engaged by Sebastian Inlet Marina & Trading Company to manage a 56-room Key West Inn & Suites located adjacent to its Capt. Hiramss Restaurant, Bar & Marina. Construction began June 24th in Sebastian, FL, a unique village located between Vero Beach and Melbourne on the Intra-Coastal Waterway in the area known as the Indian River. The inn will include 18 extended stay s...
Average CIO Salary is $100,000 to $150,000 in Gaming Industry / KPMG Survey / July 1999
March 30, 1999
Hotel Online Special Report Average CIO Salary is $100,000 to $150,000 in Gaming Industry / KPMG Survey NEW YORK, July 20, 1999 - According to KPMG LLPs 2nd Annual Gaming Technology survey, Chief Information Officers in the gaming industry need to be better compensated. Gaming continues to be one of the fastest growing industries in the nation and needs to invest appropriately in information technology human resources, says Saverio R. Scheri III, National Director of KPMGs Gaming Consulting Practice. Compensation for gaming chief information officers is some 20-30% lower than their peers in consumer...
John L. Lewis, Past President of the International Association of Hospitality Accountants,Joins Richfield Hospitality as Director of Property Accounti
March 30, 1999
Hotel Online Special Report John L. Lewis, Past President of the International Association of Hospitality Accountants, Joins Richfield Hospitality as Director of Property Accounting Englewood, CO June 17, 1999 - Richfield Hospitality Services president and CEO Thomas OLeary has named John L. Lewis to the post of director of property accounting. Johns background aligns perfectly with Richfields portfolio of full-service and resort hotels, and our growth and development in the timeshare resort business, said Richfield president and CEO Thomas OLeary. He adds new depth to our teams capabilit...
Holiday Inn Express Hotel and Conference Center in Joliet, Ill. Sold by John Q. Hammons Hotels, Inc. / July 1999
March 30, 1999
Hotel Online Special Report Holiday Inn Express Hotel and Conference Center in Joliet, Ill. Sold by John Q. Hammons Hotels, Inc. SPRINGFIELD, Mo., July 15, 1999 - John Q. Hammons Hotels, Inc. (NYSE: JQH) today announced that the company has sold the Holiday Inn Express Hotel and Conference Center in Joliet, Ill. The sale of the Holiday Inn in Joliet reflects our efforts to improve the overall performance of our portfolio of hotels by providing the finest collection of full-service, upscale hotels located in growth markets, said John Q. Hammons, founder, chairman and chief executive officer, John Q. Hammons ...
Irving, Texas Meeting Facility Study Calls for 355,000 Square-feet of Function Space / July 1999
March 30, 1999
Hotel Online Special Report Irving, Texas Meeting Facility Study Calls for 355,000 Square-feet of Function Space Fact Sheet IRVING, Texas, June 28, 1999 The first phase of a feasibility study to determine the viability of adding a meeting facility to Irvings destination mix has been completed by Atlanta-based Strategic Advisory Group (SAG). The studys second phase, which includes a detailed site analysis, funding and project feasibility is already underway. Results of the second portion of the study are expected in the next 60-90 days. According to the studys recommendations, first phase development shoul...
The e4 ™ Offers Precision Guest Room Climate Control / July 1999
March 30, 1999
Hotel Online Special Report The e4 Offers Precision Guest Room Climate Control Old Lyme, Connecticut June 1999 - INNCOM International, a global leader in advanced guestroom control systems has introduced the e4 a Smart Digital Thermostat with a large backlit display and multiple upgrade features. The e4 offers precision climate control while saving substantial energy dollars and can be installed in a typical guestroom in under 45 minutes. The most remarkable attribute of the e4 is that it is very competitively priced with other digital thermostats while offering hoteliers a long list of moderately pri...
