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Irving TX CVB Receives Sixth Consecutive Gold Service Award / July 1998
March 30, 1998
Hotel Online Special Report --- Irving TX CVB Receives Sixth Consecutive Gold Service Award Smaller Means Better and More Unique Meetings in Irving, TX IRVING, Texas (July 29, 1998)...The Irving Convention and Visitors Bureau (ICVB) has been recognized with a sixth consecutive Gold Service Award by Meetings & Conventions magazine, one of the most respected publications in the meetings industry. The award program, now in its 15th year, is the industrys highest recognition of excellence, and is granted to those convention and visitor bureaus that have demonstrated professionalism and ...
Sandestin Resorts, Inc. Acquired for $130 Million by Intrawest / July 1998
March 30, 1998
Hotel Online Special Report --- Sandestin Resorts, Inc. Acquired for $130 Million by Intrawest --- VANCOUVER, July 14, 1998 - Intrawest Corporation today announced that it has completed its previously announced acquisition of all of the outstanding shares of Sandestin Resorts, Inc., owner and operator of the largest resort and residential community in northwestern Florida, for approximately US$130 million. Sandestin is located midway between Pensacola and Panama City. The 2,400-acre property includes one-half mile of frontage on the Gulf of Mexico and 6.5 miles of frontage on Choctawhatchee Bay -...
Intrawest and Compagnie des Alpes to Form International Alliance; Unique Partnership Links Premier Ski Resorts in Europe and North America / May1998
March 30, 1998
Hotel Online Special Report --- Intrawest and Compagnie des Alpes to Form International Alliance; Unique Partnership Links Premier Ski Resorts in Europe and North America --- VANCOUVER, May , 1998 - Intrawest (NYSE: IDR) today announced that it is creating a global alliance with Compagnie des Alpes ("CDA"), the world's largest ski operator in terms of skier visits. CDA has ownership interests in 11 resorts in France and one in Italy and is a publicly traded company based in Paris, France. The two companies are creating a marketing and operating alliance that links many of the best-known mountain ...
Internet Access for the Road Warrior Easier Than Ever / July 1998
March 30, 1998
Hotel Online Special Report --- Internet Access for the Road Warrior Easier Than Ever IPORT Version 2.0 Released San Diego July 20, 1998 ATCOM Inc. today announced the release of version 2.0 of the IPORT Internet Access System, which provides public pay-per-use Internet connectivity for laptop-toting business travelers. IPORT 2.0 improves upon previous versions functionality by offering a plug-and-play laptop connection, which does not require IPORT user software. Instead, the business traveler simply plugs their laptop into an IPORT jack, launches the browser and is immediately conn...
Varsity Clubs of America resort hotel in Tucson, Ariz. opens / July 1998
March 30, 1998
Hotel Online Special Report --- ILX Resorts Announces Opening of Varsity Clubs of America resort hotel in Tucson, AZ --- PHOENIX, AS - July 2, 1998--ILX Resorts Inc. (AMEX: ILX), a leading developer, operator and marketer of upscale vacation ownership resorts in the western United States, announced the opening of its Varsity Clubs of America resort hotel in Tucson, Ariz. Varsity Clubs of America -- Tucson Chapter is an all-suite, conveniently located property featuring "city club" amenities including health and fitness facilities; a business center and meeting rooms; a lush courtyard oasis with sw...
Hotel Sedona Makassar in Indonesia Adopts a Local Orphanage / July 1998
March 30, 1998
Hotel Online Special Report --- Hotel Sedona Makassar in Indonesia "Adopts" a Local Orphanage Lets spare a thought for the children through Help Us Help Our Children Ujung Pandang, ( 24 July 1998) Hotel Sedona Makassar the 230 room - 5 star hotel, located at the popular Losari Beach Front of Ujung Pandang, the capital of South Sulawesi, Indonesia, has launched an unique approach in order to help those less wealthy; the children of their adopted Muslim orphanage Jannatul Mawa in Ujung Pandang. By way of their Help Us Help Our Children program, initiated by thei...
New Seattle Hotel Management Company Now Operating the Carmel Valley Lodge, in Carmel Valley, CA / July 1998
March 30, 1998
Hotel Online Special Report --- New Seattle Hotel Management Company Now Operating the Carmel Valley Lodge, in Carmel Valley, California --- Seattle, WA, --Thursday, July 2, 1998 -- Jim Wilmer, Pat Remy and Patrick McFarlan have joined forces to form a new company, The Hotel Guys, LLC, a hotel management company specializing in the management and marketing of independent inns, resorts and hotels. Wilmer, President of The Hotel Guys, brings with him experience in hotel marketing for a variety of chain and independent hotels and resorts, including Westin Hotels and Resorts and Maxims de Paris, Palm ...
Host Marriott Announces Intention to Expand the Ritz-Carlton, Naples / July 1998
March 30, 1998
Hotel Online Special Report --- Host Marriott Announces Intention to Expand the Ritz-Carlton, Naples And Enter Into a Joint Venture to Develop a Surrounding 36-Hole Golf Course For $96.8 Million --- WASHINGTON, July 2 1998 - Host Marriott Corporation (NYSE: HMT) announced today it has purchased a 13-acre parcel of land for the development of a 295-room Ritz-Carlton golf hotel that will serve as an extension of the 463-room Ritz-Carlton, Naples which was purchased by Host Marriott in September of 1996. The existing hotel is undergoing room, restaurant and public space refurbishment as well as ...
Hong Kong Visitor Arrivals June 1998 / July 1998
March 30, 1998
Hotel Online Special Report --- Hong Kong Visitor Arrivals June 1998 --- HONG KONG - July 17, 1998 - -Figures released today by the Hong Kong Tourist Association (HKTA) show that visitor arrivals to the city in June this year fell by 5.4 percent compared with June last year, reaching a total of 746,145. Over the six-month January-June period, arrivals totalled 4.5 million, a drop of 21.0 percent over the same period last year. In June alone, a major increase in arrivals -- of 70.0 percent -- was recorded from Mainland China. This can be attributed primarily to the low base recorded for June last year ...
Hollywood Park Board of Directors Retains Existing C Corp. Structure as Vehicle for Growth / July 1998
March 30, 1998
Hotel Online Special Report --- Hollywood Park Board of Directors Retains Existing C Corp. Structure as Vehicle for Growth --- INGLEWOOD, Calif., July 7, 1998 - Hollywood Park, Inc. (NYSE: HPK) today announced that its Board of Directors has determined the most advantageous strategy under present market conditions and in light of growth plans, is to continue as a C Corporation and not pursue a "paper clip" REIT structure. "We believe this decision by the Board is a sound and appropriate business move," said R.D. Hubbard, Hollywood Park's chairman and CEO. "In light of our role as a leading consolidat...
The Hillier Group Moves Ahead with Design Plans for Hotel in Turkey / July 1998
March 30, 1998
Hotel Online Special Report --- The Hillier Group Moves Ahead with Design Plans for Hotel in Turkey --- Antalya, Turkey (June, 1998) A new five-star luxury hotel will rise on a sheer cliff 40 metres above the Mediterranean Sea in Antalya, in the Lara region of Turkey. The hotel is being designed by well-known architecture firm The Hillier Group. The striking 300,000 square foot Marmara, Antalya Hotel, located in the countrys most popular foreign tourist destination, will offer diverse accommodations ranging from low-rise villas for large groups to quarters in mid and high-rise towers at ri...
Hersheypark Sweetens Operations with Aloha POS / July 1998
March 30, 1998
Hotel Online Special Report --- Hersheypark "Sweetens" Operations with Aloha POS --- HURST, TX - July 1998 - Ibertech, Inc. announced today that Hersheypark TM has selected Aloha as its point - of - sale (POS) solution provider. The famed Pennsylvania amusement park, which covers over 110 acres, has already installed Aloha on nearly 40 terminals, and expects the installation to be complete this fall. Hersheypark previously had a manual cash register system, said Bill Sheaffer, director of information services for Hershey Entertainment and Resorts Company. He explained that the main feature the par...
Harrah's to Convert Reno Hampton Inn to Harrah's Brand Name; Announces Hotel for Joliet, Ill. / July 1998
March 30, 1998
Hotel Online Special Report --- Harrah's to Convert Reno Hampton Inn to Harrah's Brand Name; Announces Hotel for Joliet, Ill. --- MEMPHIS, Tenn., July 20, 1998 - Harrah's Entertainment, Inc. (NYSE: HET) today announced plans to convert the Hampton Inn hotel at Harrah's Reno to the Harrah's brand name. Harrah's also today announced plans to build a 204-room hotel at Harrah's Joliet. Harrah's Reno Hotel Plans Harrah's plans to convert the 408-room Harrah's managed Hampton Inn hotel, adjacent to Harrah's casino and hotel property in Reno Nevada, to the Harrah's brand name. Harrah's and Pr...
Greenville Hotel Associates Acquires the Hampton Inn in Greenville, MS for $33K Per Room / July 1998
March 30, 1998
Hotel Online Special Report --- Greenville Hotel Associates Acquires the Hampton Inn in Greenville, MS for $33K Per Room --- Memphis, TN - July 1, 1998 - James Cornell of Mid-South Hotel Brokers, and a member of Hotel & Motel Brokers of America, brokered this transaction for both the buyer; Greenville Hotel Associates and the seller; Hospitality Lodging Associates. Hampton Inn 2701 US Highway 82 East Greenville, Mississippi PRICE: $4,000,000 Closing Date: June 1, 1998 Number of Rooms: 120 Price per Room: $33,333 Mid-South Hotel Brokers specializes in hote...
Hilton Hotels Expands Franchise Network in Mexico; Full-Service Hotel, Hilton Guadalajara, Opens in Guadalajara, Mexico / July 1998
March 30, 1998
Hotel Online Special Report --- Hilton Hotels Expands Franchise Network in Mexico; Full-Service Hotel, Hilton Guadalajara, Opens in Guadalajara, Mexico --- BEVERLY HILLS, Calif - June 18, 1998 -- Hilton Hotels Corp. Thursday announced the opening of the Hilton Guadalajara, its second full-service hotel in Mexico, franchised and managed by Grupo Chartwell de Mexico. Chartwell acquired the former Continental Plaza as part of the expansion program under its franchise agreement with Hilton Inns Inc., the franchising subsidiary of Hilton Hotels, with the objective to open hotels in key business cities t...
Grupo Posadas Starts Construction of $20 Million Fiesta Americana Resort in Puebla, Mexico / July 1998
March 30, 1998
Hotel Online Special Report --- Grupo Posadas Starts Construction of $20 Million Fiesta Americana Resort in Puebla, Mexico --- PUEBLA, Mexico-July 14, 1998--Grupo Posadas, owner and operator of Fiesta Americana hotels and resorts throughout Mexico, announced construction has begun on the $20 million, five-star Fiesta Americana Puebla. The 200-room Fiesta Americana Puebla will be located in the La Vista Golf Club community, offering guests many amenities of the club including access to the 18-hole golf course designed by Robert Von Haggen, pool and tennis courts. The La Vista Golf Club community...
The Glass Ceiling / An Issue for Women in the Las Vegas Casino industry? / July 1998
March 30, 1998
Hotel Online Special Report --- The Glass Ceiling An Issue for Women in the Las Vegas Casino industry? By Karin Weber - July 1998 The career development of female executives in the Las Vegas casino industry was the focus of a recent study by the UNLV International Gaming Institute. The study was particularly concerned with ascertaining facilitators and constraints to women's career advancement. as perceived by the industry's female executives. Two distinct perspectives were assessed - career advancement in the casino industry in general and female executives' individual career experiences. In ad...
Gaylord Entertainment Taking Its Opryland Hotel Concept to Central Florida with the Development of Opryland Hotel-Florida / July 1998
March 30, 1998
Hotel Online Special Report --- Gaylord Entertainment Taking Its Opryland Hotel Concept to Central Florida with the Development of Opryland Hotel-Florida NASHVILLE, Tenn - July 27, 1998 - Gaylord Entertainment Company (NYSE:GET) plans to expand its unique Opryland Hotel brand of entertainment and hospitality into Osceola County, FL, making the country's most vibrant tourism market -- the Orlando, Florida, area -- the site of the first project undertaken by the Company's new Opryland Lodging Group, company officials announced today. The Osceola County Commission today approved a financ...
Hospitality and Healthcare Industries Receive $60 Million in Loans and Leases from GMACCM's Equipment Finance Group During First Six Months of Ye
March 30, 1998
Hotel Online Special Report --- Hospitality and Healthcare Industries Receive $60 Million in Loans and Leases from GMACCM's Equipment Finance Group During First Six Months of Year HORSHAM, PA., JULY 27, 1998 - The Equipment Finance Group of GMAC Commercial Mortgage Corporation today announced it approved more than $60 million in loans and leases during the first half of 1998, and has more than $70 million in its new business pipeline currently under consideration. Created last September to provide the hospitality and healthcare industries with supplemental financing for furniture, furni...
Forte Signs New Contract with REZsolutions Inc.'s Utell International / July 1998
March 30, 1998
Hotel Online Special Report --- Forte Signs New Contract with REZsolutions Inc.'s Utell International 25 Additional Hotels to be Represented Worldwide --- PHOENIX, AZ - July 2, 1998--Forte Hotels has signed a new contract with Utell International, the world's leading hotel reservations and marketing company, a division of REZsolutions Inc., for the representation of 91 properties worldwide on Utell's voice reservations system. This includes 25 additional properties which were not previously bookable through Utell. Forte, (which includes international brand, Le Meridien), has rationalized and exp...
Walter Forbes Steps Down as Cendant Chairman / Forbes Severance includes $35 Million Cash and Limited Release/ July 1998
March 30, 1998
Hotel Online Special Report --- Walter Forbes Steps Down as Cendant Chairman - Forbes Severance includes $35 Million Cash and Limited Release Will reset the exercise price of incentive stock options granted to middle management Forbes Statement Silverman Statement PARSIPPANY, N.J- July 28, 1998 Cendant Corporation (NYSE:CD) today announced that Walter A. Forbes resigned as Chairman of the Company and as a member of the Board of Directors, effective immediately. Henry R. Silverman, Chief Executive Officer of Cendant, was unanimously elected by the Board of Directors to be C...
FelCor Lodging Trust now the nation's largest non-paired share hotel real estate investment trust (REIT) / July 1998
March 30, 1998
Hotel Online Special Report --- FelCor and Bristol Complete Merger Transaction; Transaction Creates $4.0 Billion Hotel REIT Summary Fact Sheet Portfolio Information DALLAS, July 28, 1998 - FelCor Lodging Trust Incorporated (NYSE: FCH), formerly FelCor Suite Hotels, Inc., today announced completion of the merger of Bristol Hotel Company's real estate holdings with and into FelCor. The merger, which was initially announced on March 24, 1998, establishes FelCor Lodging Trust as the nation's largest non-paired share hotel real estate investment trust (REIT) and one of the country's premier lodgin...
Excel Legacy Announces Completion of the Grand Hotel at the Grand Canyon / July 1998
March 30, 1998
Hotel Online Special Report --- Excel Legacy Announces Completion of the Grand Hotel at the Grand Canyon --- SAN DIEGO, CA - July 15, 1998 - -Excel Legacy Corp. (NASDAQ/OTC:XLCY) today announced the completion of the Grand Hotel complex in Tusayan, Ariz., with an expected opening date of today. The 120-room hotel, developed in a joint venture, is located at the entrance to Grand Canyon National Park. "We are delighted with the Hotel's acceptance," stated Tom Mace, general manager of the hotel. "The Hotel has a strategic location here in Tusayan/Grand Canyon and combines some of the best amenities of a...
Equity Inns Announces Agreement to Purchase Two Hotels in Chicago / July 1998
March 30, 1998
Hotel Online Special Report --- Equity Inns Announces Agreement to Purchase Two Hotels in Chicago REIT Expands Presence in Premium Extended Stay Market --- MEMPHIS, Tenn., July 9, 1998 - Equity Inns, Inc. (NYSE: ENN) today announced that it has agreed to purchase two hotels to be developed in Chicago, IL. The first hotel is located in downtown Chicago just off of Michigan Avenue while the second is located at O'Hare Airport in the Rosemont area. The hotels, which are both premium extended stay properties, will contain a total of 535 suites. The downtown Chicago hotel will be part of a new ...