Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
Study Released Examining the Correlation Between Cultural Tourism and Shopping / Dec 1998
April 30, 1998
Hotel Online Special Report Study Released Examining the Correlation Between Cultural Tourism and Shopping  Further details: German Tourists British Tourists Japanese Tourists Brazilian Tourists WASHINGTON - Dec. 30, 1998--Taubman Centers Inc. (NYSE:TCO), a leading U.S. shopping center developer, and the Tourism Industries office in the U.S. Department of Commerce Wednesday released the results of a study examining the correlation between cultural tourism and shopping. One of the primary findings of this study is that overseas travelers to the United States who visit cultural attractions (i...
Texas Restaurant Association Survey Results: 68% of Restaurants Open on Christmas Eve / Dec 1998
April 30, 1998
Hotel Online Special Report Texas Restaurant Association Survey Results: 68% of Restaurants Open on Christmas Eve AUSTIN, Texas, Dec. 18, 1998 - As hectic work and shopping schedules cause more Texans to throw away their aprons this holiday season, restaurateurs are bracing themselves for a busy Christmas. According to a recent member survey conducted by the Texas Restaurant Association (TRA), more restaurants in Texas are staying open on the holidays to meet their customers' rising demands. This Christmas, restaurateurs are expecting record numbers of patrons who long for a good meal without the hassle of cooking...
Sunstone Hotel Investors, Inc. Named 'Developer of the Year' by Marriott Hotels / Dec 1998
April 30, 1998
Hotel Online Special Report Sunstone Hotel Investors, Inc. Named 'Developer of the Year' by Marriott Hotels, Resorts and Suites SAN CLEMENTE, Calif., Dec. 7, 1998 -Â Sunstone Hotel Investors, Inc. (NYSE: SSI), a real estate investment trust (REIT), today announced it was named Developer of the Year by Marriott Hotels, Resorts and Suites at Marriott's 1998 National Franchise Conference, held in November at the Renaissance Stanford Court in San Francisco. CEO Robert Alter accepted the award on behalf of Sunstone Hotel Investors, Inc., which opened five full-service Marriott hotels in 1998. Alter acknowledged, "We are delighte...
Adam F. Suapaia Named National Sales Manager at The Ilikai / Hotel Nikko Waikiki / Dec 1998
April 30, 1998
Hotel Online Special Report Adam F. Suapaia Named National Sales Manager at The Ilikai / Hotel Nikko Waikiki Honolulu, HI (Dec. 1, 1998) - Adam F. Suapaia, Jr. has been appointed national sales manager at The Ilikai Hotel Nikko Waikiki. His responsibilities include corporate sales across the United States and Hawaii. In this capacity, Suapaia's goals are to establish and cement relationships with individual corporate customers. "Rooms sell themselves if you establish a personal relationship with your clients," explains Suapaia. "Our customers become friends if we ensure they have a good experience at a fair price."Â...
Starwood Hotels Resorts Worldwide, Inc., Announces New Frequent Guest Program / Dec 1998
April 30, 1998
Hotel Online Special Report Starwood Hotels Resorts Worldwide, Inc., Announces New Frequent Guest Program "All the Best Elements of the Sheraton Westin Frequency Programs, Plus More, Set the Tone for this Innovative Plan" WHITE PLAINS, N.Y. Dec. 28, 1998--Starwood Hotels Resorts Worldwide, Inc., announced today that in February of 1999 the hotel giant will launch a new and innovative frequent guest program, Starwood Preferred Guest(SM). All active members of Sheraton Club International and Westin Premier will be automatically enrolled in Starwood Preferred Guest, one of the largest programs of its kind in the world. ...
Spanish Hotel Chain Sol Melia Becomes Ninth Largest Hotel Company in the World / Dec 1998
April 30, 1998
Hotel Online Special Report Spanish Hotel Chain Sol Melia Becomes Ninth Largest Hotel Company in the World With Corporate Restructuring Sol Meliá joins Spanish consortium to form new tour operator, Viva Tours Singapore, 7 December 1998- Spanish Hotel Chain, Sol Meliá has today announced a Tender Offer for a 100% stake in Meliá Inversiones Americanas N.V. (MIA), - an investment consortium for hotel development and acquisitions in the Americas - and on completion, further intentions to merge with hotel real estate company Inmotel. This move will make Sol Meliá the ninth-ranked hotel company in the world in terms ...
Kenneth Smotherman, Owner of Old Main Lodge in Waco, TX Elected to Best Western International Board of Directors / Dec 1998
April 30, 1998
Hotel Online Special Report Kenneth Smotherman, Owner of Old Main Lodge in Waco, TX Elected to Best Western International Board of Directors PHOENIX, December 9, 1998 - Kenneth Lee Smotherman, CHA, veteran Best Western member and hotel operator, was elected to the board of directors of Best Western International by proclamation at the brand's recent international convention in Las Vegas. Smotherman will represent the interests of hoteliers located in Texas, Louisiana, Oklahoma, Kansas and Nebraska. "We are very pleased to have someone with Smotherman's extensive background and professional reputation representing Dis...
California Bar Smoking Ban One Year Later: Is the Ban Working? / Dec 1998
April 30, 1998
Hotel Online Special Report California Bar Smoking Ban One Year Later:Â Is the Ban Working? SACRAMENTO, Calif., Dec. 28, 1998 -Â -- One year after California banned smoking in bars, taverns and gaming clubs, the National Smokers Alliance (NSA) is urging members of the media and the state legislature to visit their local watering holes and determine for themselves whether or not the ban is working. "You don't have to look very far to find a bar owner, a city official, a bartender or an enforcement official who will tell you that the ban isn't working," said Tom Humber, president of the NSA. "Whether from lack of enfor...
Sleep Disorders Lab at Comfort Inn Provides Unique Setting / Dec 1998
April 30, 1998
Hotel Online Special Report Sleep Disorders Lab at Comfort Inn Provides Unique Setting YORK, Pa., Dec. 14, 1998 - Some questions are easy to answer. Like:  Where would you rather go on vacation to see country music stars -- Nashville, Tenn., or Nashville, Pa.? Where would you prefer to go for a gourmet dinner -- a four-star restaurant or the local diner? Where would you rather go for a restful night's sleep -- a hotel or a hospital? That's why when York Hospital decided to expand its sleep disorders laboratory, the decision was made to relocate it to the Comfort Inn and Suites, less than three miles south ...
Employees Are Key To Success / Tom Shanahan / Dec 1998
April 30, 1998
Hotel Online Special Report Employees Are Key To Success By Tom Shanahan - Professional Speaker / Consultant  "Labor Shortage Restricts Restaurant" "MUFSO Focuses on Human Factor" "Operators Feel Labor Pinch" The restaurant industry trade magazines all headline the same topic; that the key to restaurant success is the people who work in the restaurants. What a novel concept! People have always been the key to a successful restaurant, many operators just didn't seem to realize it. Unfortunately for restaurateurs, demographic realities can no longer be ignored. Fortunately, this situation will for...
The Myth of Common Sense Service / Tom Shanahan / Dec 1998
April 30, 1998
Hotel Online Special Report The Myth of "Common Sense" Service By Tom Shanahan - Professional Speaker / Consultant  "Oh, you're a coupon person!" the server loudly exclaimed in the crowded espresso bar. The embarrassed coupon-bearer quickly left. The server was visibly upset that yet another rude customer had left before the order was ready. The server had no idea why the customer left nor the impact his seemingly innocent statement had on ALL of the customers present. At this point, many managers would say that the server didn't have good "common sense." But isn't "common sense", by definition, something every...
San Francisco CVB Year End 1998 Report – Early Rain Followed by Blue Skies / Dec 1998
April 30, 1998
Hotel Online Special Report San Francisco CVB Year End 1998 Report… Early Rain Followed by Blue Skies By John A. Marks, San Francisco CVB, December, 1998 And I'm not just talking about the weather! El Nino did its best to dampen our spirits, if not our wallets, during the first quarter of 1997. Pounding rains, while not having a significant effect on our convention business, did keep some leisure tourists away early in the year. Fortunately, as we moved through the year conditions improved dramatically, both from a business standpoint and from what mother nature had to dish out. San Francisco once again enjoyed an o...
Tom Ryan Appointed as Manager of Government / Military Meetings Marketing at Best Western International / Dec 1998
April 30, 1998
Hotel Online Special Report Tom Ryan Appointed as Manager of Government / Military Meetings Marketing at Best Western International PHOENIX, December 8, 1998 - Best Western International's management is pleased to announce the hiring of Tom Ryan as the manager of Government / Military and Meetings Marketing. Ryan will develop and execute the global marketing strategies that will enhance and strengthen Best Western's share of the government/military and meeting market segments. This includes representing Best Western International with industry association and organizations. He will also be responsible for the su...
Buckhead America Opens First Country Hearth ' Rural Gold ' Prototype Hotel in Georgia Under Multi-Property Agreement / Dec 1998
April 30, 1998
Hotel Online Special Report Buckhead America Opens First Country Hearth 'Rural Gold' Prototype Hotel in Georgia Under Multi-Property Agreement ATLANTA, Dec. 16, 1998 - Buckhead America Corporation (Nasdaq: BUCK), the hospitality services company, said Georgia's first "Rural Gold" prototype Country Hearth Inn opened in Barnesville under a multi- property development agreement with Cassland Corp., East Point, Ga., a closely held real estate holding company. Cassland also has two other "Rural Gold" properties construction in Cedartown and Monroe, Ga. Buckhead America's "Rural Gold" program revolves around a 32-room and e...
Retail Merchants Association of Greater Richmond VA Commits $2.5 Million To Metropolitan Richmond Convention and Visitors Bureau / Dec 1998
April 30, 1998
Hotel Online Special Report Retail Merchants Association of Greater Richmond VA Commits $2.5 Million To Metropolitan Richmond Convention and Visitors Bureau RICHMOND, Va., Dec. 2, 1998 -Â As part of its effort to increase economic development opportunities for the Richmond area, the Retail Merchants Association of Greater Richmond announced today that it will invest $2.5 million to aggressively promote the area's convention and visitor business. The Retail Merchants Association will give the Metropolitan Richmond Convention and Visitors Bureau (MRCVB) $500,000 per year for five consecutive years. The funding, which was ...
Design: Refinishing, Reupholstering Gets Results / Barbara A. Worcester / H&MM / Nov 1998
April 30, 1998
Hotel Online Special Report Design: Refinishing, Reupholstering Gets Results  Cost Benefit Analysis  By Barbara A. Worcester H&MM Senior Editor, Nov 1998 Once upon a time . . . in a hotel not long ago, new casegoods arrived. There were lovely armoires with high lacquer finishes, upholstered chairs in luxurious fabrics and shiny brass mirrors that reflected the beauty of the guestroom. The hotel thought for certain that these casegoods made it the loveliest property in the land, until . . . the guests came, and left their marks on the new furniture, forever. Just like Snow White was brought back ...
Red Roof Inns Franchising Moving Full Speed Ahead / Dec 1998
April 30, 1998
Hotel Online Special Report Red Roof Inns Franchising Moving Full Speed Ahead COLUMBUS, Ohio - Dec 10, 1998 - Red Roof Inns, Inc. (NYSE:RRI), one of the leading economy lodging chains in the United States, continues to rapidly expand across the country with its franchising program. The chain has opened seven new franchised Inns in California, Florida, Texas, Ohio and Kentucky since the end of October. Beating their goal of 20 new franchised Inns this year, Red Roof Inns has opened 28 franchised properties in 1998, and the year is not yet complete. In total, 33 franchised Inns are flying the Red Roof flag, and a strong pip...
Real Estate Markets To Remain Strong in 1999 – Lodging Industry Fundamentals Extremely Healthy / Sonnenblick-Goldman / Dec 1998
April 30, 1998
Hotel Online Special Report Real Estate Markets To Remain Strong in 1999 - Lodging Industry Fundamentals Extremely Healthy / Sonnenblick-Goldman NEW YORK, DECEMBER 2, 1998 -- John Bralower, President of Sonnenblick-Goldman Company, the nation's leading independent real estate investment banking firm, said today that he expects the real estate market to remain strong in 1999 because the underlying fundamentals of property performance in 1998 have remained solid even in the face of sagging financial markets. Speaking at a press conference, Mr. Bralower examined trends that are expected to affect the office, lodging and reta...
The Hotel REIT's: Named One of the Biggest Losers in Real Estate Finance in 1998 / Dec 1998
April 30, 1998
Hotel Online Special Report The Hotel REIT's: Named One of the Biggest Losers in Real Estate Finance in 1998 BOSTON - Dec. 10, 1998--The Fantini Gorga, one of New England's leading commercial mortgage banking firms that specializes in arranging real estate loans of all types, today announced its 1998 biggest winners (the bings) and biggest losers (the bongs) in the real estate finance arena. The Bings: (the winners) -- Anyone who closed a permanent loan prior to August: Since then the availability of this low priced, easy money, especially from conduit lenders, has substantially disappeared. The terms early in the year ...
Recovering Food and Beverage / Patrick Quek / PKF / Dec 1998
April 30, 1998
Charts: Food and Beverage Revenues - Dollars per Occupied Room Selected Food and Beverage Growth Rates - 1994 - 1997 Food and Beverage Department Profits - % of Department Revenues Food and Beverage Cost of Goods Sold - % of Revenue by Patrick Quek, December 1998 The recovery of the hotel industry since the doldrums of the early 1990s has been well documented. At first, limited new construction lead to steady growth in occupancy from year to year. Then, starting in 1994, the favorable balance of supply and demand allowed hotel managers to raise their room rates two to three times the pace of inflation.Â...
Africa's largest hotel group, Protea Hotels To Manage New Hotel Complex at Johannesburg's Wanderers Sports Club / Dec 1998
April 30, 1998
Hotel Online Special Report Africa's largest hotel group, Protea Hotels To Manage New Hotel Complex at Johannesburg's Wanderers Sports Club 08 October 1998 - A 50% international joint venture has been concluded which will see the historic Wanderers Sports Club transformed into a unique hotel complex. Africa's largest hotel group, Protea Hotels, has been awarded the management contract for the R100 million project, ahead of a number of international brands. Acknowledged by Protea as an exciting and prestigious development, the four star Wanderers Protea Hotel is due for completion in October 1999. UK-based Morrison ...
Prime Hospitality Sells AmeriSuites Hotel for $10.8 Million; Plans Additional Hotel Divestitures in 1999 / Dec 1998
April 30, 1998
Hotel Online Special Report Prime Hospitality Sells AmeriSuites Hotel for $10.8 Million; Plans Additional Hotel Divestitures in 1999 FAIRFIELD, N.J., Dec. 16, 1998 - Prime Hospitality Corp. (NYSE: PDQ) announced today that it has completed the sale of its Los Angeles/Ontario Mills AmeriSuites for $10.8 million in cash to an affiliate of FIT Investment Corporation. The hotel will continue to be operated as an AmeriSuites hotel under a 10 year franchise agreement with the new owner. The 128 room Los Angeles/Ontario Mills AmeriSuites is located at 4760 Mills Circle in Ontario, CA. The hotel was opened in February ...
Pelican Properties International Corp. Acquire the Palmer Inn and the Historic Chamberlin Hotel / Dec 1998
April 30, 1998
Hotel Online Special Report Pelican Properties International Corp. Acquire the Palmer Inn and the Historic Chamberlin Hotel MIAMI - Dec. 3, 1998--Pelican Properties International Corporation (OTC BB:PELP), through its wholly owned subsidiaries Ohio Key I, Inc. and Ohio Key II, Inc., is pleased to announce the acquisition of the Palmer Inn and the Chamberlin Hotel located in Princeton, N.J. and Hampton Roads, Va., respectively. The Palmer Inn was purchased for $7,500,000 with $2,500,000 in cash and the balance held in two mortgages totalling $5,000,000. The Chamberlin Hotel was purchased for $5,350,000 with $2,350,00...
$1 Billion Equity Investment Going to Patriot American Recapitalization Plan / Dec 1998
April 30, 1998
Hotel Online Special Report $1 Billion Equity Investment Going to Patriot American Recapitalization Plan DALLAS - Dec. 16, 1998--Patriot American Hospitality, Inc., whose shares (NYSE: PAH) are paired and trade with those of its operating company, Wyndham International, Inc. (together, "Patriot" or the "Company"), today announced that it has entered into a letter of intent with a group of investors to make a $1 billion equity investment in the Company. The investor group is comprised of Apollo Real Estate Advisors, L.P., Apollo Management, L.P., Thomas H. Lee Company, Beacon Capital Partners, Inc. and Rosen Consulting G...
