Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
EZLinks Golf Partners with Virtual Visits to Expand Online Tee Times / July 1998
March 30, 1998
Hotel Online Special Report --- EZLinks Golf Partners with Virtual Visits to Expand Online Tee Times --- BURR RIDGE, IL - EZLinks Golf, Inc., the nations largest tee time network, has partnered with Virtual Visits, the makers of Global Golf Guide (www.globalgolfguide.com), to expand their rapidly growing Internet Reservations module. EZLinks introduced online tee times in April of 1998 through www.ezlinksgolf.com and web sites of EZLinks member facilities. Since the introduction of EZLinks cutting-edge Web module, the number of tee times reserved by EZLinks over the Internet has more than double...
Extended Stay America, Inc. Opens 10 New Properties in June / July 1998
March 30, 1998
Hotel Online Special Report --- Extended Stay America, Inc. Opens 10 New Properties in June --- FORT LAUDERDALE, Fla - July 7, 1998-- Extended Stay America, Inc. (NYSE: ESA), the fastest growing company owned and operated hotel chain in the U.S., continued its national expansion program with the opening of 10 new properties in June. Four Crossland Economy Studios properties were opened at: 11140 Boardwalk Drive, Baton Rouge, Louisiana (132 rooms) 3440 West Walnut Hill Lane, Irving (Dallas), Texas (139 rooms) 5959 Guhn Road, Houston, Texas (145 rooms) 150 Valley Wood Road, Houston, Texas (141 ro...
Invest In Your Staff for Big Dividends / Education Institute of AH&MA / July 1998
March 30, 1998
Hotel Online Special Report --- Invest In Your Staff for Big Dividends Prepared by the Educational Institute of the American Hotel & Motel Association --- July 1998 - While most managers understand how great guest service begins at the top, not all can "walk the talk," That's where Kirby D. Payne, CHA, comes in. He gives a superb demonstration that can be copied anywhere in the world. Payne is President of the Minneapolis based American Hospitality Management Company, a hotel investment, management, and consulting firm, and provides managers with a m...
Daniel Dinell Named Vice President, Strategic Planning For Hilton Hotels Corp.'s Hotel Division / July 1998
March 30, 1998
Hotel Online Special Report --- Daniel Dinell Named Vice President, Strategic Planning For Hilton Hotels Corp.'s Hotel Division --- BEVERLY HILLS, Calif - July 16, 1998 - Daniel Dinell has been named vice president, strategic planning for Hilton Hotels Corp.'s Hotel Division. Dinell most recently served as director-staff services, a position he had held since May 1996. Dinell, who reports directly to Dieter Huckestein, president of Hilton's Hotel Division, will be responsible for the strategic planning process within the division. Dinell's responsibilities include developing and articulating the divisi...
Restaurant Innovator Richard McDonald Dies at 89: Pioneered McDonald's, World's Largest Restaurant System / July 1998
March 30, 1998
Hotel Online Special Report --- Restaurant Innovator Richard McDonald Dies at 89: Pioneered McDonald's, World's Largest Restaurant System --- OAK BROOK, Ill., July 14, 1998 - Richard (Dick) McDonald died today in Manchester, N.H. at age 89. Dick McDonald, with his brother Maurice (Mac), pioneered in the late 1940s an innovative quick service restaurant in San Bernardino, Calif., called McDonald's, which evolved into the world's largest foodservice organization. McDonald's chairman, Michael R. Quinlan, observed, "The global 'McFamily' of employees, franchisees and suppliers owes a debt of gratitude t...
Club Hotel by Doubletree Opens in Jersey City, NJ / July 1998
March 30, 1998
Hotel Online Special Report --- Club Hotel by Doubletree Opens in Jersey City; New Hotel Enables Business Travelers to Be More Productive --- JERSEY CITY, N.J., July 7, 1998 - Business travelers to the New York Metropolitan Area today have a new resource to help them become more productive when the Club Hotel Suites by Doubletree Jersey City officially opens for business. The 199-suite, $28-million Club Hotel by Doubletree is located at 455 Washington Boulevard in Jersey City, just minutes from Wall Street via PATH train and nine miles from Newark International Airport. Club Hotel by Doubletree is a...
Warren Fields, VP, Club Hotels by Doubletree Endorses Outstanding Stay or Won't Pay Guarantee / July 1998
March 30, 1998
Hotel Online Special Report --- Warren Fields, VP, Club Hotels by Doubletree Endorses "Outstanding Stay or Won't Pay" Guarantee Business-oriented Hotel Chain to Unconditionally Guarantee Guests' Satisfaction --- MEMPHIS, Tenn - July 8, 1998--Club Hotels by Doubletree today announced it has begun offering its guests an unconditional 100% Satisfaction Guarantee. The chain is the first Doubletree hotel brand to implement the 100% Satisfaction Guarantee since the company merged with Promus Hotel Corporation (NYSE:PRH) in December 1997. Promus, through its Embassy Suites, Hampton Inn, Hampton Inn Suites, a...
Jack Nicklaus and ClubCorp Form New Joint Venture / July 1998
March 30, 1998
Hotel Online Special Report --- Jack Nicklaus and ClubCorp Form New Joint Venture --- DALLAS, July 16, 1998 - Two of the golf industry's leading family- operated dynasties have formed a new joint venture that plans to build, own and operate as many as three dozen Jack Nicklaus Signature golf courses worldwide over the next 10 years. Officials of Golden Bear International Inc. of North Palm Beach, Florida, and Dallas-based ClubCorp said today the joint venture will build three golf course products: Private golf and country clubs; upscale daily-fee golf courses; and "The Bear's Best," a series of daily...
Newsmaker Interview: Ron Cichy Michigan State's Hospitality Program Leader / HMM / Robert A. Nozar / July 1998
March 30, 1998
Hotel Online Special Report ---- Newsmaker Interview: Ron Cichy Michigan State's Hospitality Program Leader Wants Students to Embrace Community Service By Robert A. Nozar H&MM Editor-in-Chief If education is the lifeblood of the future of the global hospitality industry, then it is people such as Ronald Cichy who are the hearts that pump it through the system. For Cichy, the director of, and a professor with, The School of Hospitality Business (the italicized "The" is done by the school) at Michigan State University in East Lansing, Mich., not a day goes by that he does...
Choice Atlantica Hotels Opens Reservations Center in Santiago, Chile / July 1998
March 30, 1998
Hotel Online Special Report --- Choice Atlantica Hotels Opens Reservations Center in Santiago, Chile; First of Three Centers Planned in South America --- SANTIAGO, July 1, 1998 Choice Atlantica Hotels has opened a toll-free reservations center for travelers and travel agents who wish to make reservations at Choice hotels in Chile as well as throughout the world. The reservations center is the first of three Choice reservations centers scheduled to open in South America within the next nine months. Choice hotel products include Comfort Inns, Comfort Suites, Quality Inns, Quality Suites, Sleep Inn...
Cendant Signs Two International Hotel Agreements / July 1998
March 30, 1998
Hotel Online Special Report --- Cendant Signs Two International Hotel Agreements Cendant Lodging Brands Expand into 11 Countries PARSIPPANY, N.J., July 23, 1998 - Cendant Corporation (NYSE: CD), the world's largest hotel franchising company, announced the signing of two international master franchise agreements. The agreements bring Cendant hotels into 11 European countries and call for the development of at least 50 hotels within the next five years. The agreements are as follows: Keys Inns, Ltd., based in Prague, will develop Days Inns in Austria, Bulgaria, Croatia, Czech Republic, Hungary,...
Cavanaughs Hospitality Corporation to Acquire Four Hotels in Idaho and Montana From Sunstone / July 1998
March 30, 1998
Hotel Online Special Report --- Cavanaughs Hospitality Corporation to Acquire Four Hotels in Idaho and Montana From Sunstone --- SPOKANE, Wash., - July 8, 1998 - Cavanaughs Hospitality Corporation (NYSE: CVH) today announced they have signed an agreement to purchase four full-service hotels comprised of 651 rooms from Sunstone Hotel Investors, Inc. for an undisclosed amount. The sale is expected to close in August 1998, subject to customary closing conditions. Cavanaughs plans to re-flag the four hotels under the Cavanaughs brand. Upon closing of this acquisition the total number of hotels owned...
Carmel Valley Lodge (CA) Appoints Management Group / July 1998
March 30, 1998
Hotel Online Special Report --- Carmel Valley Lodge (CA) Appoints Management Group Carmel Valley, CA June 17, 1998 Peter and Sherry Coakley, proprietors of the Carmel Valley Lodge in Carmel Valley, recently announced the appointment of The Hotel Guys LLC, a professional hospitality management group, for their property. "For years Ive been recommending that my guests take a little time out to listen to their beards grow," said co-proprietor Peter Coakley. "Ive reached the stage in life and in the growth of the Lodge that I might be able to take some of my own advice." The Coakleys sel...
CapStar Hotel Company Adds Four Management Contracts to Portfolio, Bringing Third-party Contracts to 91 / July 1998
March 30, 1998
Hotel Online Special Report --- CapStar Hotel Company Adds Four Management Contracts to Portfolio, Bringing Third-party Contracts to 91 --- WASHINGTON - July 20, 1998 - CapStar Hotel Company (NYSE: CHO), a leading hotel investment and management corporation, today announced that it has added four new long-term, third party management contracts to its portfolio. The company will lease and manage three newly opened properties as part of its strategic alliance with Winston Hotels, Inc. (NYSE: WXH), a Raleigh, N.C.-based hotel real estate investment trust (REIT). The properties include the 126-sui...
California State Polytechnic University – Advanced Executive Management Series / July 1998
March 30, 1998
Hotel Online Special Report --- The 1998 Advanced Executive Management Series Stretch The Horizon: Strategies For Sustained Growth --- July 16, 1998 - The School of Hotel and Restaurant Managements Professional Development Institute at California State Polytechnic University, Pomona in partnership with The California Restaurant Association and The California Hotel and Motel Association, will conduct its 5th annual Advanced Executive Management Series at the Moscone Center, in San Francisco. This two-day conference will take place, as part of the Western Food Service Hospitality Expo. On Aug...
Capital Pacific Holdings, Inc. Buys Monarch Beach Links, Golf Course, Dana Beach CA and Plans 5-Star Hotel Development / July 1998
March 30, 1998
Hotel Online Special Report --- Capital Pacific Holdings, Inc. Buys Monarch Beach Links, Golf Course, Dana Beach CA and Plans 5-Star Hotel Development --- NEWPORT BEACH, Calif., July 16, 1998 - Capital Pacific Holdings, Inc. (Amex: CPH) announced today that it has closed one of the largest mixed-use resort and residential real estate transactions in Southern California within the last ten years. On July 15, 1998, CPH acquired the unparalleled 225-acre oceanfront parcel in Dana Point, California for $120 million from Nippon Shinpan Company, a Japanese credit card and lending company. The spectac...
Vail Resorts Agrees to Purchase the Village at Breckenridge / July 1998
March 30, 1998
Hotel Online Special Report --- Vail Resorts Agrees to Purchase the Village at Breckenridge --- VAIL, Colo., July 13, 1998 - Vail Resorts, Inc. (NYSE: MTN) today announced that the Company has entered into a contract to buy the Village at Breckenridge from TBA Entertainment, Inc. for $24 million. The Village at Breckenridge, currently a franchised Wyndham Resort, is a collection of hotel, restaurant and other properties revolving around hospitality and commercial activities directly at the Breckenridge ski area's Peak 9 base area. Breckenridge, located in the Rocky Mountains of central Colorado, is...
U.S. Hotel Industry Now Breaks Even at 55.5 Percent Occupancy / July 1998
March 30, 1998
Hotel Online Special Report --- U.S. Hotel Industry Now Breaks Even at 55.5 Percent Occupancy Cutting Fixed Costs, Aids Drop From 62.6 Percent in 1992 Bear Stearns and PricewaterhouseCoopers Report NEW YORK, July 29, 1998 - Even as U.S. hotel occupancy rates are forecast to continue to decline through the millennium, U.S. hotels have achieved an historically low "breakeven occupancy" rate, or the occupancy level at which a hotel's expenses and revenues are equal, according to new analysis by Bear, Stearns Co, and PricewaterhouseCoopers using data from Smith Travel Research. U.S. hot...
Boyd Gaming And Mirage Resorts Enter Into Amended Joint Venture Agreement To Develop Major Atlantic City Casino Resort / July 1998
March 30, 1998
Hotel Online Special Report --- Boyd Gaming And Mirage Resorts Enter Into Amended Joint Venture Agreement To Develop Major Atlantic City Casino Resort -- Boyd Receives Approval For Gaming License From New Jersey Casino Control Commission --- LAS VEGAS and ATLANTIC CITY, N.J., July 14, 1998 - Boyd Gaming Corporation (NYSE: BYD) announced today that it has entered into an amended and restated joint venture agreement with Mirage Resorts (NYSE: MIR) pursuant to which the parties will develop and operate a major casino resort on the H- Tract in the Marina district of Atlantic City. As in the origi...
12 Story Atlantic Beach Hotel Imploded on Grand Bahama Island / July 1998
March 30, 1998
Hotel Online Special Report --- 12 Story Atlantic Beach Hotel Imploded on Grand Bahama Island 'Big Bang Implosion' Signifies the Birth of the Lucayan and a Renaissance for Grand Bahama Island --- GRAND BAHAMA ISLAND, Bahamas, July 16, 1998 - Harbour Plaza Hotels Resorts imploded the Atlantic Beach Hotel today to make room for The Lucayan, a new 1,600 room, over $250 million world-class resort on Grand Bahama Island. The implosion of the 12-story building marked the birth of The Lucayan and the beginning of a long awaited renaissance for the destination. Bahamian government officials as well a...
Atlanta Hotel Market Booming, Not Busting, Says PKF Consulting / July 1998
March 30, 1998
Hotel Online Special Report --- Atlanta Hotel Market Booming, Not Busting, Says PKF Consulting Latest Survey Shows A Return To The 20-Year Average --- ATLANTA, July 13, 1998 - PKF Consulting, the international hospitality consulting firm, finds that, even though the Atlanta hotel market is becoming increasingly competitive, the demand for hotel rooms continues to grow. "Atlanta is currently experiencing more hotel development than any other market in the nation. However, the demand for lodging accommodation is growing at a pace more than double the national average and above the long- term a...
Prevailing Asian Economic Woes Affect Hotel and Property Group Results for The Hongkong and Shanghai Hotels, Limited / July 1998
March 30, 1998
Hotel Online Special Report --- Prevailing Asian Economic Woes Affect Hotel and Property Group Results for The Hongkong and Shanghai Hotels, Limited Hong Kong, July 23, 1998 - As a result of the continuing economic turmoil in the Asian region, The Hongkong and Shanghai Hotels, Limited (HSH) today announced a decrease of 19% in unaudited group operating profit of HK$445 million for the six months to 30th June, 1998, compared to HK$550 million for the same period in 1997. Profit attributable to shareholders amounted to HK$291 million compared to HK$412 million in 1997. Earnings per sha...
Major Endowment Established the Anheuser-Busch Professional Development Program at the Cornell Hotel School / July 1998
March 30, 1998
Hotel Online Special Report --- Major Endowment Established the Anheuser-Busch Professional Development Program at the Cornell Hotel School $3 Million Gift Will Also Fund A New Upper- Level Academic Course In Professional And Socially Responsible Marketing Of Alcoholic Beverages --- Ithaca, NY (June 26, 1998) - The Cornell Hotel Schools venerated program of Ivy League executive-level courses is getting a new name and a powerful head of steam to meet the hospitality management education demands for the new century on the strength of a $3 million endowment from the Anheuser-Busch Foundation. ...
Adam's Mark Hotels Selects LAWSON INSIGHT to manage the financials and human resources functions of its 20 U.S. Locations / July 1998
March 30, 1998
Hotel Online Special Report --- Adam's Mark Hotels Selects LAWSON INSIGHT to manage the financials and human resources functions of its 20 U.S. locations --- Lawson Channels Partner Nets Billion-dollar Hotel Chain Win; Caps Record Year for Lawson Channels Program MINNEAPOLIS - July 24, 1998-- Adam's Mark Hotels Selects LAWSON INSIGHT Via Progressive Business Solutions; Lawson Channels Program Grows More Than 300% In Fiscal Year 1998 Lawson Software, The Global Solutions Company, today announced a contract win valued at more than $600,000 with Adam's Mark Hotels and Resorts, a $1 ...