Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
The 308 room Ritz-Carlton Dearborn, MI Sold for $65 Million to Host Marriott Corp. / Aug 1998
March 30, 1998
Hotel Online Special Report --- The 308 room Ritz-Carlton Dearborn, MI Sold for $65 Million to Host Marriott Corp. Sonnenblick-Goldman Company Arranges Sale New York, NY - August 25, 1998 - Sonnenblick-Goldman Company, acting as the exclusive financial advisor to Fairtel Associates, has arranged the $65,000,000 sale of The Ritz-Carlton Dearborn to Host Marriott Corporation. "The strong level of interest and pricing for the asset demonstrates the market's appetite for quality hotels that are encumbered by long-term management contracts," Mark Gordon, Senior Vice President of Sonnenblick-G...
Wine Cellar at The Rio Suite Hotel & Casino Now Exceeds 100,000 Bottles / Aug 1998
March 30, 1998
Hotel Online Special Report --- Wine Cellar at The Rio Suite Hotel & Casino Now Exceeds 100,000 Bottles LAS VEGAS, Aug. 24, 1998 - The Rio Suite Hotel & Casino's (NYSE: RHC - news) famous Wine Cellar Tasting Room will soon make room for the arrival of a wine bottle of Titanic proportion -- the Treasure of the Titanic -- the largest bottle of wine in the world. Inspired by the historic event and the recent Academy Award Winning movie ``Titanic,'' the 27 liter bottle, coined Treasure of the Titanic, is set to dock Tuesday, Sept. 1 at the world-class resort as part of its already $6 million w...
RIHGA Royal Hotel New York Provides Complimentary Videophones to its Pinnacle Suites Long Term Guests / Aug 1998
March 30, 1998
Hotel Online Special Report --- RIHGA Royal Hotel New York Provides Complimentary Videophones to its Pinnacle Suites Long Term Guests New Standard for the Hospitality Industry, Giving Guests a Visual Connection to Home and to Hotel Staff When They Dial for Services NEW YORK, Aug. 13, 1998 - Beginning today, RIHGA Royal Hotel New York will enable guests in its Pinnacle Suites to put a face on their good-night kiss to family members with the addition of ViaTV DesktopVideophones from 8x8, Inc. (Nasdaq: EGHT). The technology, which sets a new standard for the hospitality industry, also lends a more ...
Rezworks Acquires World Wide Travel Exchange VacationSpot.com / Sept 1998
March 30, 1998
Hotel Online Special Report --- Rezworks Acquires World Wide Travel Exchange VacationSpot.com Now Leading Internet Service for Vacation Rental Properties SEATTLE, Aug. 31 - Rezworks (Reservation Works, LLC), owner of VacationSpot.com (http://www.vacationspot.com), an online service for finding and booking vacation rental properties around the world, today announced the acquisition of the award-winning World Wide Travel Exchange (http://www.wwte.com), one of the most frequently used vacation sites on the Internet, for an undisclosed sum. The acquisition will combine the two services as Vacatio...
ResortQuest will add approximately 378 condominiums and rental homes at the Plantation Resort, Gulf Shores, AL / Aug 1998
March 30, 1998
Hotel Online Special Report --- ResortQuest will add approximately 378 condominiums and rental homes at the Plantation Resort, Gulf Shores, AL MEMPHIS, Tenn - Aug 1, 1998--ResortQuest International Inc. (NYSE: RZT), the first branded company providing vacation rental and property management services, today announced that the company has signed an agreement to acquire Plantation Resort Management Inc., a vacation rental and property management company, in Gulf Shores, Ala., marking ResortQuest's entry into a new resort destination. In addition, the company has executed a letter of intent to acq...
ResortQuest International Launched as First Branded Company for Vacation Rentals and Property Management / May 1998
March 30, 1998
Hotel Online Special Report --- ResortQuest International Launched as First Branded Company for Vacation Rentals and Property Management Former Hotel, Resort and Real Estate Industry Executives Form New Venture with Acquisition of 13 Partner Companies MEMPHIS, Tenn - May 1998 - ResortQuest International, Inc. (NYSE:RZT - news), the first branded company providing vacation rental and property management services in premier resort destinations throughout North America, today announced that the company has completed the acquisition of its 13 founding partner companies, as well as an in...
First Phase of Regal Airport Hotel at Chek Lap Kok International Airport Scheduled for late '98 Opening / Aug 1998
March 30, 1998
Hotel Online Special Report --- First Phase of Regal Airport Hotel at Chek Lap Kok International Airport Scheduled for late '98 Opening August, 1998 - Regal Hotels International Holdings Ltd, through its wholly-owned subsidiary, Bauhinia Hotels Ltd, has entered into an agreement with the Hong Kong Airport Authority for the development and operation of a hotel at the new international airport at Chek Lap Kok on Lantau. The D-shaped hotel, with 11 to 14 storeys, will have a gross floor area of approximately 72,000 square metres (775,000 square feet) and will have 1,100 guest rooms, making it t...
Prime Hospitality Corp. Opens Seven New Hotels; Five HomeGates, Two AmeriSuites / Aug 1998
March 30, 1998
Hotel Online Special Report --- Prime Hospitality Corp. Opens Seven New Hotels; Five HomeGates, Two AmeriSuites FAIRFIELD, N.J., Aug. 20 , 1998 - Prime Hospitality Corp. (NYSE: PDQ) has announced the recent openings of five new HomeGate Studios Suites and two new AmeriSuites hotels. With these openings, Prime now has 29 HomeGates and 75 AmeriSuites in operation. All properties are new construction and feature accommodations with separate cooking, living and sleeping areas. The 128-suite AmeriSuites hotel located at 7500 Augusta National Drive, Orlando is the eighth AmeriSuites open and op...
CEO Robert Earl Comments on Incident at the Planet Hollywood franchise in Cape Town, South Africa / Aug 1998
March 30, 1998
Hotel Online Special Report --- CEO Robert Earl Comments on Incident at the Planet Hollywood franchise in Cape Town, South Africa Yesterday, at approximately 7:20 p.m., local time, a bomb exploded at a Planet Hollywood franchise in Cape Town, South Africa. Most sadly, there has been one (1) confirmed fatality and numerous injuries to both South Africans and vacationing tourists. On behalf of all of its celebrity partners and thousands of dedicated and concerned employees worldwide, Planet Hollywood extends its sincerest sympathies and prayers to all of the injured, their families and friends...
San Diego Paradise Point Resort Repeat Recipient of Prestigious Gold Key Award / May 1998
March 30, 1998
Hotel Online Special Report --- San Diego Paradise Point Resort Repeat Recipient of Prestigious Gold Key Award SAN DIEGO - The 1998 Gold Key Award recognizes the top domestic and international hotels and resorts providing the finest service and quality in the meetings industry. San Diego Paradise Point Resort has been notified it will again be a recipient of this coveted award, for the second consecutive year. Selection for the awards is determined by meeting planners through a balloting process to the 76,000 subscribers of Meetings & Conventions magazine, one of the premier trade journals of th...
The German Tourist: A Market Opportunity for the PATA Region / PATA / Aug 1998
March 30, 1998
Hotel Online Press Releases The German Tourist: A Market Opportunity for the PATA Region PATA The Leading Pacific Asia Destinations Out of Germany 1996 -- Germans are the world's most enthusiastic travelers -they account for more than 27 percent of all trips taken abroad by Europeans, for example. They are also the world's biggest spenders on travel, generating more than US$50 billion a year for receiving countries. Although Germans' total annual trip volume has declined over the last couple of years, the market is still considered to hold huge growth poten...
Outrigger Hotels & Resorts to Manage Fiji's Historic Grand Pacific Hotel / Aug 1998
March 30, 1998
Hotel Online Special Report --- Outrigger Hotels & Resorts to Manage Fiji's Historic Grand Pacific Hotel HONOLULU, HAWAII -- Hawaii-based Outrigger Hotels & Resorts has concluded an agreement with Grand Pacific Hotel Ltd. to manage the historic Grand Pacific Hotel in Suva, Fiji. Originally opened in 1914, the hotel, which has been closed since 1992, will undergo a major redevelopment of its facilities to return it to its former status as one of the "Grand Dame" hotels of the South Pacific. The renovation and construction are slated to begin in August 1998, with the hotel projected to open in ...
Technology: One PMS does not fit all hotel environments / Barbara A. Worcester / H&MM / Aug 1998
March 30, 1998
Hotel Online Special Report ---- Technology: One PMS does not Fit All Hotel Environments By Barbara A. Worcester H&MM Senior Editor Dick Moore, a professor at the Cornell University School of Hotel Administration, is not an advocate of the one-size-fits-all theory. He wears a size 15EEE shoe and his glove size is equally large. When it comes to selecting a property-management system, Moore said a one-system-fits-all philosophy is just as ridiculous as forcing all people to wear one shoe size. "Before you select a PMS, you have to identify the environment," Moore said. "...
Ohio Hotel & Lodging Association Reports on First Months Activity for it's Ohio Internet Hotel Reservation Service / Aug 1998
March 30, 1998
Hotel Online Special Report --- Ohio Hotel & Lodging Association Reports on First Months Activity for it's Internet Hotel Reservation Service COLUMBUS, OH, Aug. 10 - One month after going online, Ohio's Internet-based hotel reservation system is generating favorable reaction from consumers and hotel properties around the State as more than 100 properties have expressed interest in participating in the system. The system has been active since July 7. Based on the initial results, the average length of stay per reservation is 1.92 nights, with an average nightly rate of $93.15, reports the Ohio ...
Anthony Nieves Named Vice President of Purchasing and General Manager of Hilton Equipment Corp / Aug 1998
March 30, 1998
Hotel Online Special Report --- Anthony Nieves Named Vice President of Purchasing and General Manager of Hilton Equipment Corp. BEVERLY HILLS, Calif - Aug. 17, 1998--Anthony Nieves has been named vice president of purchasing and general manager of Hilton Equipment Corp. Nieves most recently served as regional director of purchasing for Hilton Hotels and Resorts in Phoenix, Arizona. He replaces Donald Royal who is retiring after a 24-year Hilton career. In his new position, Nieves is responsible for supervising the purchasing, supply management and formulating and implementing corporate p...
Nevada Culinary Union in Debt $1.2 Million; Employee Group Makes Copies of Culinary's Finances Available for Free / Aug 1998
March 30, 1998
Hotel Online Special Report --- Nevada Culinary Union in Debt $1.2 Million; Employee Group Makes Copies of Culinary's Finances Available For Free LAS VEGAS - Aug. 19, 1998--Despite having collected more than $12 million in dues from its members, the Culinary union's financial records indicate that the union was $1.2 million in debt in 1997, research by an employee watchdog group has revealed. Nevada Employees for the Right to Work (NERTW) Wednesday announced that it will make copies of the Culinary union's financial records for the last three years (1997, 1996, 1995) available to anyone who ...
Bellagio Bookings Substantially Ahead of Expectations / Mirage Resorts Reports Second Quarter Earnings / Aug 1998
March 30, 1998
Hotel Online Special Reports -- Bellagio Bookings Substantially Ahead of Expectations Mirage Resorts Reports Second Quarter Earnings LAS VEGAS, Aug. 3, 1998 - The Bellagio room reservations office opened on April 20 and recently completed its first 100 days of accepting reservations. During this period and despite the lack of any advertising, over twice as many reservations have been placed for Bellagio as was the case over the comparable preopening time periods for the Company's Mirage and Treasure Island resorts. The average rate for rooms and suites booked through this office to date is $258 per night...
Restaurant Menu Study Finds Salads Soaring in Popularity / Aug 1998
March 30, 1998
Hotel Online Special Report --- Restaurant Menu Study Finds Salads Soaring in Popularity WASHINGTON - Aug. 10, 1998 - Salads appear to have become the new menu mainstay and are increasingly being featured as a main course at restaurants around the country, according to a survey of restaurant menus conducted by the National Restaurant Association. Main-dish salads made with chicken, beef, seafood, fruits and vegetables topped with a variety of exotic dressings are soaring in popularity as consumers seek more ways to add fruits and vegetables to their diets, according to the study -- a sur...
Accor Takes Over the Melbourne (Australia) Sheraton/ Aug 1998
March 30, 1998
Hotel Online Special Report --- Accor Takes Over the Melbourne (Australia) Sheraton Monday, 3 August 1998: Accor Asia Pacifics latest addition to its network of Australian hotels is the Sheraton Vista Hotel in Melbourne. Accor will operate the hotel as the Melbourne Sheraton. Accor took over management of the hotel following completion of the hotels purchase by Tourism Asset Holdings Limited (TAHL), Australias leading hotel owning company. It increases TAHLs portfolio to 29 hotels in Australia and New Zealand, all of which are managed by Accor Asia Pacific. The Melbourne Sheraton...
Loews Hotels selects HSI Profit Series* POS for House of Blues; Miami Beach hotels / Aug 1998
March 30, 1998
Hotel Online Special Report --- Loews Hotels selects HSI Profit Series POS for "House of Blues"; Miami Beach hotels HSI named preferred POS vendor for Promus Hotel Corporation August 18, 1998 --- Loews Hotels, the New York based subsidiary of Loews Corporation, has selected the HSI Profit Series Point-of-Sale software for installation in the soon to be opened "House of Blues" property in Chicago, IL. The hotel will feature the largest House of Blues Restaurant, the largest Smith and Wollensky outside of New York, 2 other entertainment venues, 4 restaurants, a 26 lane AMF bowling alley, ...
Charlotte St. Martin Discusses Loews Hotels Enhanced Version of its Loews First Frequent Guest Program / Aug 1998
March 30, 1998
Hotel Online Special Report --- Charlotte St. Martin Discusses Loews Hotels Enhanced Version of its Loews First Frequent Guest Program NEW YORK, NY -- August 7, 1998 -- Loews Hotels has relaunched an enhanced Loews First program for frequent travelers with a new three-tiered approach that provides additional benefits and services for guests based on the frequency of qualifying visits. The classifications include the basic program, which will now be referred to as Loews First Blue, as well as the introduction of Loews First Gold and Loews First Platinum. Designed to recognize the chains most freq...
Reductions in Public Lodging Company Stock Prices Provide New Opportunities / Aug 1998
March 30, 1998
Hotel Online Special Report --- Reductions in Public Lodging Company Stock Prices Provide New Opportunities for Private & Institutional Investors NEW YORK, NY - August 14, 1998 - Sonnenblick-Goldman Company announced today that despite the recent decrease in stock prices of public lodging companies (both REITs and C-Corps), the market for high-end lodging properties has remained strong due to the influx of equity by private and institutional investors. The recent downturn in the overall stock market, combined with concerns regarding the ability of public lodging companies to continue to pos...
Rosewood Hotels & Resorts and Maritz Wolff & Co., Joint Venture Takes Ownership of Little Dix Bay / Aug 1998
March 30, 1998
Hotel Online Special Report --- Rosewood Hotels & Resorts and Maritz Wolff & Co., Joint Venture Takes Ownership of Little Dix Bay DALLAS, TX, July 20, 1998 The joint venture of Rosewood Hotels and Resorts and Maritz, Wolff & Co. which was formed in October 1997, confirmed today that it has finalized the agreement to purchase from Bankers Trust all of the shares of the parent company of Little Dix Bay Hotel Corp., the company which owns Little Dix Bay. Rosewood Hotels & Resorts will continue to manage the award-winning resort on Virgin Gorda, in the British Virgin Islands. Jim Brown, Ch...
Hotel Industry Veteran Charles A. Ledsinger, Jr Named as President and CEO at Choice Hotels International / Aug 1998
March 30, 1998
Hotel Online Special Report --- Hotel Industry Veteran Charles A. Ledsinger, Jr Named as President and CEO at Choice Hotels International SILVER SPRING, Md - Aug. 4, 1998--Choice Hotels International, Inc. (NYSE: CHH - news), the world's second largest hotel franchisor, announced today the appointment of hotel industry veteran Charles A. Ledsinger, Jr. as president and chief executive officer. Ledsinger will also serve on the company's board of directors. His appointment will be effective at the end of August. Ledsinger, 48, who has nearly 20 years' experience in hotel corporate and financia...
