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Full – Service Properties Battle for Market Share / HVS / Nov 1998
April 30, 1998
Hotel Online Special Report Full - Service Properties Battle for Market Share Survival Dependent Upon Ability to Offer Service and Product to Groups November 23, 1998 / Boulder, Colo .As the development of extended-stay/limited-service properties continues at the hottest pace in history, the segment of the market most affected by this growth full-service hotels is finding it needs to respond with creative marketing and self-examination of its offerings to hold onto its share of guests. Rod Clough, vice president of hospitality consulting firm HVS International in Boulder, Colorado, has several recommendations for o...
Four Seasons Hotels and Resorts Launches Corporate Dining Program to Meet Increased Demand for Vegetarian Meals / Nov 1998
April 30, 1998
Hotel Online Special Report Four Seasons Hotels and Resorts Launches Corporate Dining Program to Meet Increased Demand for Vegetarian Meals TORONTO, Canada -- April 7, 1998 -- Vegetarianism, especially in America, is becoming mainstream. In fact, the food choices of vegetarians are influencing the range of meatless meals also enjoyed by non-vegetarians interested in a healthier and more balanced diet. Restaurants are forging a new culinary movement to meet this demand. Four Seasons Hotels and Resorts is on the forefront of creating new menus with dishes that cater to the vegetarian in terms of the ingredients used...
Innovative Hotel Concept – Formule 1 – Starts Construction in Melbourne, Australia / Nov 1998
April 30, 1998
Hotel Online Special Report Innovative Hotel Concept - Formule 1 - Starts Construction in Melbourne, Australia 'McDonalds' of hotels to revolutionise motel-style accommodation 20 November 1998: One of the world's most innovative hotel concepts, Formule 1, has received the chequered flag for development in Melbourne. A 103 room - the largest so far in Australia - Formule 1 begins construction today on a highly visible site on the corners of the Hume Highway and the Western Ring Road in Fawkner, in the northern suburbs. These are the main transport arteries of Melbourne. Completion of the modular-style motel is...
Westin Park Central and Sheraton Park Central in Dallas, TX Now Owned and Operated by Joint Venture between FelCor and Starwood / Nov 1998
April 30, 1998
Hotel Online Special Report Westin Park Central and Sheraton Park Central in Dallas, TX Now Owned and Operated by Joint Venture between FelCor and Starwood IRVING, Texas, Nov. 12, 1998 - FelCor Lodging Trust Incorporated (NYSE: FCH) and Starwood Hotels Resorts (NYSE: HOT) today jointly announced the closing on the joint venture agreement for the ownership of the Westin(R) Park Central and Sheraton(R) Park Central in Dallas, Texas. The completion of this transaction signifies the first joint venture between FelCor and Starwood. FelCor owns 60% and Starwood owns 40% of the new joint venture. Starwood will manage both pr...
What Matters Most to Extended Stay Travelers?- Study Uncovers Little Things / Nov 1998
April 30, 1998
Hotel Online Special Report What Matters Most to Extended Stay Travelers? Study Uncovers "Little Things" WASHINGTON, D.C., Nov. 10, 1998 - From indulging in a good novel to taking a rare, uninterrupted bubble bath, having the space and time to splurge on personal "luxuries" matters most to extended-stay travelers -- the fastest-growing segment of the hospitality market -- according to a recent nationwide poll conducted by Residence Inn by Marriott and www.thetrip.com. With 7.5 million extended-stay business travelers per year, hotels designed for multi-night trips are in high demand. The "Time Out for Travel" survey ...
Butch Eggen Elected 1999 Minnesota Resort Association President / Nov 1998
April 30, 1998
Hotel Online Special Report Butch Eggen Elected 1999 Minnesota Resort Association President Butch Eggen, Nelson's Resort, Crane Lake, was recently elected 1999 president of the Minnesota Resort Association at its annual meeting and fall conference held at Madden's Resort, Brainerd. Eggen will take over for current President John Kavanaugh, Kavanaugh's Resort, Brainerd, on January 1. Eggen stressed the need to communicate and to get involved in the industry in his address to the MRA membership. "In my role as fishing guide, I spend some great quality time talking with people," Eggen said. "I do it face-to-face. ...
ONSALE and EZLinks Providing Reserved Tee Times at Premier Golf Courses with Online Auction / Nov 1998
April 30, 1998
Hotel Online Special Report ONSALE and EZLinks Providing Reserved Tee Times at Premier Golf Courses with Online Auction Bids Begin At $1.00 For Tee Times Valued Up To $260.00 Golf Cart Included Menlo Park, CA, September 28, 1998 - ONSALE, Inc. (Nasdaq: ONSL), a leading Internet real-time retailer, and EZLinks Golf Inc., the nations largest golf services network, today began offering reserved tee times at some of the premier golf courses throughout the United States. EZLinks will provide an ongoing supply of tee times at more than 200 golf facilities, which will be auctioned through ONSALEs Sports and Fitness...
American Express Partners with EI to Develop Diversity Seminar / Nov 1998
April 30, 1998
Hotel Online Special Report American Express Partners with EI to Develop Diversity Seminar ORLANDO, Fla., November 1998Responding to the hospitality industrys growing concern with diversity, American Express and the Educational Institute of the American Hotel & Motel Association have joined forces to create a new seminar for managers and supervisors, Building Success Through Diversity: An American Express Benchmark on Best Practices. American Express has long been committed to supporting programs that contribute to the long-term strength and professional development of its hospitality partners. The Educational...
New Resort Condominium Textbook Highlights Hospitality / Nov 1998
April 30, 1998
Hotel Online Special Report New Resort Condominium Textbook Highlights Hospitality LANSING, Mich., November 1998Hoteliers making the transition from traditional hotels to non-traditional lodging segments may wish they had a guidebook to help them get a handle on the many differences between hotels and resort condominiums. They need look no further than Resort Condominium and Vacation Ownership Management: A Hospitality Perspective, which will be published by the Educational Institute of the American Hotel & Motel Association this December. This first-of-its-kind textbook presents an overview of one of the fas...
Destinations.com Offers Travel Reservation Services to Convention and Visitors Bureaus / Nov 1998
April 30, 1998
Hotel Online Special Report Destinations.com Offers Travel Reservation Services to Convention and Visitors Bureaus Two Travel Firms Merge to Launch Destinations.com: Blended Company Will Supply Reservation Technologies to Vacation Destinations SEATTLE - Nov. 16, 1998--The principals of Virtual Adventures Inc. and Reservation Technologies Inc. today announced the merger of their two companies. As a new company, Destinations.com will offer a full range of travel reservation products and services to Convention and Visitors Bureaus and other destination marketing organizations (DMOs) nationwide. Paul Pigott, ...
R. Terrence Crowley Appointed to Chief Operating Officer of Sunstone Hotel Investors, Inc. / Nov 1998
April 30, 1998
Hotel Online Special Report R. Terrence Crowley Appointed to Chief Operating Officer of Sunstone Hotel Investors, Inc. SAN CLEMENTE, Calif., Nov. 6, 1998 - Sunstone Hotel Investors, Inc. (NYSE: SSI), a real estate investment trust (REIT), today announced the promotion of R. Terrence Crowley to the newly created position of Chief Operating Officer, effective November 2, 1998. Crowley will be responsible for acquisitions, finance and hotel construction as well as continue in his role as General Counsel. Commenting on the appointment, Robert Alter, Chairman and Chief Executive Officer said, "Over the past year tha...
April 30, 1998
Hotel Online Special Report Conde Nast Readers Choice Poll Ranks The Greenbrier #1 Resort in North America WHITE SULPHUR SPRINGS, WV -- NOVEMBER 2, 1998 -- The Greenbrier has been ranked the #1 resort in North America (and #3 in the world) by readers of Conde Nast Traveler. The distinguished honor for The Greenbrier, which also perennially earns the Mobil Five-Star and AAA Five-Diamond ratings, was reported in the November issue of the magazine which is read by the most traveled people in the world. The annual Readers Choice Awards are based on many criteria, including rooms, service food, location, amenitie...
Sonnenblick-Goldman Company Advises City Hotels S.A. on $84 Million Sale of European Hotel Portfolio and in Positioning the Company for Expansion / N
April 30, 1998
Hotel Online Special Report Sonnenblick-Goldman Company Advises City Hotels S.A. on $84 Million Sale of European Hotel Portfolio and in Positioning the Company for Expansion New York, NY - November 25, 1998 - As part of an overall recapitalization strategy, Sonnenblick-Goldman Company advised City Hotels, S.A. in the $84,000,000 sale of six hotels in Belgium and the Netherlands. The properties were acquired by a joint venture between Servico Inc., a hotel management company, and investment bank Lehman Bothers Holdings. As part of the joint-venture, Servico will manage the properties. Victor Hasson, Cha...
Jorge Blasco Vasquez Named GM at Choice Atlantica's New All-Suite Property in Renaca, Chile / Nov 1998
April 30, 1998
Hotel Online Special Report Jorge Blasco Vasquez Named GM at Choice Atlantica's New All-Suite Property in Renaca, Chile FORT LAUDERDALE, November 19, 1998 -- Choice Atlantica Hotels, the master franchiser of Choice hotel products in South America, will open the Quality Suites Mykonos in the coastal resort town of Renaca on December 1, 1998. Jorge Blasco Vasquez, formerly of the Clarion Principado de Asturias in Santiago, has been appointed general manager of the property. This is Choice Atlantica Hotels fourth hotel in Chile. The property features 52 one-, two- and three-bedroom suites with fully equipped kitche...
China Mist Signs Long-Term Exclusive Agreement with Starwood / Nov 1998
April 30, 1998
Hotel Online Special Report China Mist Tea Co. Signs Long-Term Exclusive Agreement with Starwood SCOTTSDALE, Ariz - Nov. 18, 1998--China Mist Tea Co., the leading blender, packer and marketer of specialty iced tea for the foodservice market, announced an exclusive long-term purchasing agreement to supply iced tea service to Starwood Hotels and Resorts Worldwide Inc. Starwood Hotels and Resorts Worldwide adds more clout to China Mist's rapidly expanding business in the lodging and gaming business. Starwood conducts its business through some of the world's most recognized names in hospitality, including Westin, Sher...
Peter Wabbel Appointed Executive Chef at Doubletree Hotel Austin, TX/ Nov 1998
April 30, 1998
Hotel Online Special Report Peter Wabbel Appointed Executive Chef at Doubletree Hotel Austin, TX AUSTIN, Texas - Nov. 2, 1998-The Doubletree Hotel Austin has named Peter Wabbel to the position of Executive Chef. With 22 years in the restaurant business, Chef Wabbel is a highly experienced executive -- and a creative food artist. Previously, he was Souse Chef for the Sagamore Omni Resort, Executive Chef for the Omni Austin Hotel and Vice President of Le Chef College in Austin, Texas. Wabbel was born and raised in West Germany and has an expanding knowledge of international foods. He has taught Culinary courses at th...
Steve Chandless Named Vice President of Marketing at WorldRes / Nov 1998
April 30, 1998
Hotel Online Special Report Steve Chandless Named Vice President of Marketing at WorldRes SAN MATEO, CA, Nov. 19 - WorldRes, Inc., the Internet-based hotel reservation network, has appointed Steve Chandless to the newly created position of Vice President of Marketing. Mr. Chandless is responsible for managing all marketing activities, as well as overseeing public relations for WorldRes. He will be defining WorldRes' next generation products to continue the company's expansion of its services for destination marketing organizations and other target audiences. Prior to joining WorldRes, Mr. Chandless was a mem...
Atlantic City Wages Will Grow Faster Than Most Other Gaming Markets / Nov 1998
April 30, 1998
Hotel Online Special Report Atlantic City Wages Will Grow Faster Than Most Other Gaming Markets, Michael Pollock's Gaming Industry Reports ATLANTIC CITY, N.J., Nov. 20, 1998 - An award-winning newsletter projects that Atlantic City's casino wages will become the highest of any gaming jurisdiction in the nation over the next five years as a tight labor market grows even tighter. A new wage and salary survey published in the Nov. 26 edition of Michael Pollock's Gaming Industry Observer demonstrates that Atlantic City casino wages are already high, second only to those on the Las Vegas Strip. Las Vegas, howe...
Thayer Lodging Group Obtains $327 Million Loan from Capital America / Nov 1998
April 30, 1998
Hotel Online Special Report Thayer Lodging Group Obtains $327 Million Loan from Capital America SAN FRANCISCO, Nov. 17, 1998 - -- Capital America (formerly Nomura Capital) provided a $327 million loan to Thayer Lodging Group to refinance 13 hotels in eight states, one of the largest hotel loan packages closed in the United States this year. The financing is a 13-year, fixed-rate loan with a three-year interest only period at 7.27%, followed by a ten-year permanent loan at 7.52%, amortizing over 25 years. It has a loan-to-value ratio (LTV) of 73%, and a debt-service-coverage ratio (DSCR) of 1:35:1 on 1998 operating...
Four Seasons Hotels and Resorts Will Manage New Luxury Hotel in Canary Wharf Area, London / Nov 1998
April 30, 1998
Hotel Online Special Report Four Seasons Hotels and Resorts Will Manage New Luxury Hotel in Canary Wharf Area, London TORONTO, Nov. 12, 1998 - Four Seasons Hotels Inc. (TSE/ME Symbol ``FSH,'' NYSE Symbol ``FS'') and Canary Riverside Development Pte. Ltd. jointly announced earlier today that Four Seasons Hotels, the world's leading operator of luxury hotels, will be managing the new luxury hotel in the Canary Wharf area between West Ferry Road and the Thames River in London, England. The property will be called Four Seasons Hotel Canary Wharf and will be developed by Canary Riverside Management Ltd. Slated to open in...
Canadian Tourism Commission and MasterCard Align to Promote Canada / Nov 1998
April 30, 1998
Hotel Online Special Report Canadian Tourism Commission and MasterCard Align to Promote Canada OTTAWA, Nov. 3, 1998 - To capture a greater share of the US$2 trillion global travel entertainment (TE) market and further their commitment to provide travellers with value-added benefits, MasterCard and the Canadian Tourism Commission (CTC) today announced a strategic alliance that will grow the C$44 billion Canadian tourism industry and promote Canada as a top travel destination worldwide. In a joint announcement at the Tourism Industry Association of Canada conference in Ottawa, MasterCard and the CTC signed an agree...
Site Selected for New Buffalo Convention Center / Nov 1998
April 30, 1998
Hotel Online Special Report Site Selected for New Buffalo Convention Center Buffalo, N.Y. - November 19, 1998 - Saying its a key part of our efforts to create jobs and jump-start the areas economy, Erie County Executive Dennis Gorski today announced that the Convention Center Task Force had approved the site for a new convention center in downtown Buffalo. The unanimous task force vote on the site followed a presentation by Cannon Design, which was the consultant for the site selection portion of the project. Cannon looked at a total of nine sites in Buffalos downtown and waterfront areas. The new conve...
Venetian Group Sales Are at Approximately 71 percent of First Year Goal / Nov 1998
April 30, 1998
Hotel Online Special Report Venetian Group Sales Are at Approximately 71 percent of First Year Goal Venetian Executive Keynotes At Financial Conference ATLANTIC CITY, N.J - Nov. 13, 1998--At the "Jeffries Company Inc. High-Yield Gaming Conference" held Thursday in Atlantic City, Bradley H. Stone, an executive from The Venetian Resort-Hotel-Casino, provided an update on the $1.2 billion Venice-themed mega-resort set to open April 1999 in Las Vegas. Having secured approximately $1 billion in financing approximately one year ago (Nov. 14, 1997), Stone, executive vice president, participated in the high-yield conferen...
Choice Atlantica Hotels Drops the Name of its Parent Company Barrington International Hospitality / Nov 1998
April 30, 1998
Hotel Online Special Report Choice Atlantica Hotels Drops the Name of its Parent Company - Barrington International Hospitality FORT LAUDERDALE, November 5, 1998 In a reflection of the companys exclusive emphasis on growth in South America, hotel management and development company Choice Atlantica Hotels will stop using the name of its parent company Barrington International Hospitality. Barrington will be used only on legal and other formal documents in the future, according to Paul J. Sistare, president & CEO of the three-year-old firm. With plans to develop 140 Choice hotels in South America over the next ...