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Ian Schrager and NorthStar Acquire St. Moritz Hotel; Historic Properly Will be Redeveloped and Re-Introduced as Chic, Urban Hotel / April 1998
February 28, 1998
Hotel Online Press Releases Ian Schrager and NorthStar Acquire St. Moritz Hotel; Historic Properly Will be Redeveloped and Re-Introduced as Chic, Urban Hotel NEW YORK, April 30, 1998 - Ian Schrager, in partnership with NorthStar Capital Investment Corp. ("NCIC"), today announced that Ian Schrager Hotels LLC ("ISH") has acquired the historic St. Moritz Hotel in Manhattan. The property has an unparalleled location on the southeast corner of Central Park South and Sixth Avenue in New York City with phenomenal views of the park. The company plans to redevelop and re-introduce the property with a spectacular...
San Francisco and Orlando CVB's Name Richard Mazur to Head Joint Office in Chicago / April 1998
February 28, 1998
Hotel Online Press Releases San Francisco and Orlando CVB's Name Richard Mazur to Head Joint Office in Chicago CHICAGO, IL -- Richard R. Mazur has been named account executive in the Chicago based joint convention sales office of the San Francisco Convention & Visitors Bureau and Orlando Convention & Visitors Bureau. He will be responsible for serving all corporate and incentive accounts in Illinois and Wisconsin on behalf of both the San Francisco CVB and Orlando CVB. He joins fellow national sales manager Ellyn Lambert in the office established last summer, located at 333 North Michigan ...
California Saloon Smoking Prohibition News Update/ April 20, 1998
February 28, 1998
Hotel Online Press Releases California Saloon Smoking Prohibition News Update SACRAMENTO, Calif., April 20, 1998 - On behalf of its more than 300,000 members and adult smokers in California, the National Smokers Alliance continues to oppose the California smoking ban and is working with California businesses and individuals to urge repeal of the ban. This "Prohibition Update" is part of a series, designed to inform interested parties about the impact of and reaction to the law on a statewide basis. These news briefs are documented from published and private sources and more detail can be provided upon ...
Hotel Bel-Air Ranked Best Hotel in The World by Gourmet Magazine / April 1998
February 28, 1998
Hotel Online Press Releases Hotel Bel-Air Ranked Best Hotel in The World by Gourmet Magazine LOS ANGELES CA, April 23, 1998 - The Hotel Bel-Air in Los Angeles has been chosen as the number one hotel in the world and the number one hotel in Southern California according to Gourmet magazine's "Rooms at the Top," a comprehensive readers' survey published in the May issue. Other winners in the survey are the The Ritz-Carlton, Laguna Niguel which placed second, the Hotel del Coronado in Coronado which finished third followed by fourth place finisher Marriott's Desert Springs Resort Spa in Palm Desert, and...
Guest Room Plans Delayed at John Marshall Hotel in Richmond, Va. / May 1998
February 28, 1998
Hotel Online Press Releases Guest Room Plans Delayed at John Marshall Hotel in Richmond, Va. By Virginia Churn, Richmond Times-Dispatch, Va. Knight Ridder/Tribune Business News May 23--Although Barrister's Cafe has opened at the John Marshall Hotel and events are being held there, guest room plans have been delayed further. "I don't have a new date" for the opening of guest rooms, said Gregory H. Granger, son of Gilbert L. Granger of Williamsburg, who bought the 15-story John Marshall Hotel last September at auction. The 443-room hotel at Fifth and Franklin streets was built in 1929 and closed in M...
Casino Journal Announces Southern Gaming Summit Results / May 1998
February 28, 1998
Hotel Online Press Releases Casino Journal Announces Southern Gaming Summit Results ATLANTIC CITY, N.J - May 11, 1998--Casino Journal Publishing Group, Inc. (OTC Bulletin Board: CJPG - news) today announced the results of the 5th annual Southern Gaming Summit which took place on May 5th and 6th at the Mississippi Coast Coliseum and Convention Center in Biloxi, Mississippi. About Casino Journal Publishing Group Casino Journal Publishing Group, formed in 1984, is dedicated to producing the finest casino gaming related publications on the market. The company, which started out with a single trade pu...
ResortQuest International Launched as First Branded Company for Vacation Rentals and Property Management / May 1998
February 28, 1998
Hotel Online Press Releases 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 26, 1998-- ResortQuest International, Inc., 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 initial public offering of 5.8 million s...
Rees Jones' First Texas Golf Project Begins / April 1998
February 28, 1998
Hotel Online Press Releases Rees Jones' First Texas Golf Project Begins HOUSTON, TX April 14, 1998 -- The Redstone Group, a Houston-based integrated financial services group, broke ground today on a private, thirty-six hole golf club, which will feature two courses designed by golf architect Rees Jones. The project, named The Houstonian Golf Club, is located in Ft. Bend County, and is Jones' first design project in Texas. Redstone, which owns and operates the four-star, four-diamond Houstonian Hotel, Club Spa in Houston, Texas, plans to operate one course as an exclusive club, and the second as an amenity...
Red Roof Inns Sells Atlanta Airport Inn To Diplomat Hotels / May 1998
February 28, 1998
Hotel Online Press Releases Red Roof Inns Sells Atlanta Airport Inn To Diplomat Hotels COLUMBUS, Ohio, May 20, 1998 - Red Roof Inns, Inc. (NYSE: RRI)) announced the sale today of its Atlanta Airport Red Roof Inn to a franchisee, the Diplomat Hotel Corporation. The Inn is located in a prime location on the north side of the Atlanta Airport at the intersection of I-85 and Virginia Avenue. The newly constructed Inn has interior corridors, enhanced business king rooms with large corner desks, 25-inch televisions and data ports for computer hook-ups. The Inn also features an outdoor swimming pool and 194 gu...
Lodgenet First Qtr 1998 Results
February 28, 1998
Hotel Online Press Releases Lodgenet Continues Record String of Growth and Performance Record Quarterly Revenue of $36.3 Million Lodging EBITDA up 36.8% To $10.0 Million More Than 533,600 Guest Pay Units Over 665,600 Total Units Now Served ________________________________________________________ SIOUX FALLS, SD, April 28, 1998 -- LodgeNet Entertainment Corporation (Nasdaq:LNET) today reported its 18th consecutive increase in comparative quarterly revenue and EBITDA (earnings before interest, taxes depreciation and amortization). Revenue in the first quarter of 1998 increased 22.6% to $36.3 mil...
First Tennessee Bank to Process Credit Card Transactions for the Portfolio Hotels of Promus Hotel Corp / May 1998
February 28, 1998
Hotel Online Press Releases First Tennessee Bank and First Tennessee Merchant Services Inc. to Process Credit Card Transactions for the Portfolio Hotels of Promus Hotel Corp. DENVER - May 21, 1998 - First Tennessee Bank of Memphis, Tenn. (NASDAQ/NMS:FTEN -news), and its credit card processing subsidiary, First Tennessee Merchant Services Inc. (FTMSI) of Denver, will process credit card transactions for the portfolio hotels of Promus Hotel Corp. (NYSE: PRH - news) under an exclusive new five-year agreement with INNCO Purchasing and Project Management, Promus' purchasing subsidiary. The Promus Hotel Cor...
Promus Reports 41 Cents For First Quarter, 1998 / April 1998
February 28, 1998
Hotel Online Press Releases Promus Reports 41 Cents For First Quarter, 1998 -- Performance Statistics System Size MEMPHIS, Tenn., April 28, 1998 - Promus Hotel Corporation (NYSE: PRH), a leading hotel franchise and management company, reported net income of $36.0 million which represented a 30 percent increase over 1997 first quarter net income of $27.7 million before unusual items. Fully-diluted earnings per share were 41 cents compared to 31 cents before unusual items in the year ago comparable period, a gain of 32 percent. Revenues increased 7 percent to $254.5 million from $237.7 million befor...
California Saloon Smoking Ban Update / May 1998
February 28, 1998
Hotel Online Press Releases California Saloon Smoking Ban Update SACRAMENTO, Calif., May 11, 1998 - On behalf of its more than 300,000 members and adult smokers in California, the National Smokers Alliance continues to oppose the California smoking ban and is working with California businesses and individuals to urge repeal of the ban. This "Prohibition Update" is part of a series, designed to inform interested parties about the impact of and reaction to the law on a statewide basis. These news briefs are documented from published and private sources and more detail can be provided upon request. Out ...
Prime Hospitality To Begin Three-Brand Franchise Roll Out This Summer / May 1998
February 28, 1998
Hotel Online Press Releases Prime Hospitality To Begin Three-Brand Franchise Roll Out This Summer Investors Embrace Franchise Support For AmeriSuites Brand NEW YORK - May 27, 1998-- Prime Hospitality Corp. will begin the roll out of franchise programs for its three hotel 'brands': AmeriSuites, HomeGate Studios and Suites, and Wellesley Inns, it was announced by David A. Simon, chairman and chief executive officer. Prime's flagship brand, AmeriSuites, an all-suite upscale product, currently has 72 units operating and 44 under development. ``We expect to have 200 AmeriSuite units operating by the e...
PositiveSpace Chosen As Name Of Agent-Friendly Website / April 1998
February 28, 1998
Hotel Online Press Releases "PositiveSpace" Chosen As Name Of Agent-Friendly Website EVANSTON, Ill., April 16, 1998 -- Travel agents who want to take advantage of the Internet for doing business can find an agent-friendly resource at a newly named site, PositiveSpace, at http://www.positivespace.com. After reviewing more than 300 entries submitted during last month's contest, Travel Technology & Magic president Greg Merkley selected the name suggested by Cheryl L. Nuenthal of Travel Scope, in Janesville, Wis. The former site name was "Hyde's Travel Agent Resource" and was located at http://www.hy...
Third International Conference Tourism and Hotel Industry in Indo – China & Southeast Asia / June 4 – 6, 1988 /
February 28, 1998
Hotel Online Press Releases Third International Conference "Tourism and Hotel Industry in Indo - China & Southeast Asia: Development, Marketing, and Sustaninability June 4-6, 1998 Phuket, Thailand About the Conference Conference Schedule and Program Dear Colleagues: I am pleased to include a copy of the conference program and itinerary for the Third International Conference on Tourism and Hotel Industry in Indo-China & Southeast Asia: Development, Marketing, and Sustainability, scheduled for June 4-6, 1998 in Phuket, Thailand. The conference is designed to provide a foru...
Minnesota Hotel Association Past President Elected National Officer of American Hotel & Motel Association / April 1998
February 28, 1998
Hotel Online Press Releases Minnesota Hotel Association Past President Elected National Officer of American Hotel & Motel Association RENO, NEV. (April 23, 1998) - Kirby D. Payne, CHA, President and Founder of Minneapolis-based American Hospitality Management Company and a Past President of the Minnesota Hotel & Lodging Association (MH&LA), today was elected Secretary Elect of the American Hotel & Motel Association (AH&MA). The election was held at the annual meeting of members during the AH&MA Annual Convention & Leadership Forum in Reno, Nev. With his election, Payne begins ...
Patriot American Hospitality, Inc. Completes Acquisition Of Arcadian International PLC / April 1998
February 28, 1998
Hotel Online Press Releases Patriot American Hospitality, Inc. Completes Acquisition Of Arcadian International PLC --- Acquisition of European hotel operator represents Patriot's first international transaction; Contributes proprietary Malmaison brand to portfolio and is expected to enhance international expansion of Wyndham and Grand Heritage proprietary brands --- DALLAS, April 6, 1998 - Representing the first international corporate acquisition in its history, Patriot American Hospitality, Inc. (NYSE: PAH), whose shares are paired with Wyndham International, Inc. and trade as a single un...
Hospitality Worldwide Services Parker Reorder Subsidiary Establishes a Strategic Partnership With Servico / May 1998
February 28, 1998
Hotel Online Press Releases Hospitality Worldwide Services Parker Reorder Subsidiary Establishes a Strategic Partnership With Servico Management to Provide Online Procurement Services and Software NEW YORK - May 20, 1998 - Hospitality Worldwide Services Inc. (AMEX:HWS) Wednesday announced that its wholly owned subsidiary, Parker Reorder Co., has signed a two-year contract with Servico Management Corp. under which Parker Reorder will provide procurement services and its proprietary online procurement software, Parker FIRST (Fully Integrated Reorder System & Tracking). Scott Foos, president and...
Paramount Hotel: The Second Act – Ian Schrager Takes His 'Urban Oasis' to Another Level / April 1998
February 28, 1998
Hotel Online Press Releases Paramount Hotel: The Second Act - Ian Schrager Takes His 'Urban Oasis' to Another Level NEW YORK, April 27, 1998 - Following closely on the heels of the formation of Ian Schrager Hotels, a newly created company with aggressive expansion plans in the United States and abroad, renowned hotelier Ian Schrager has just completed the "reinvention" of Paramount, his hugely successful hotel in the heart of New York City's Times Square theater district. When Mr. Schrager opened the groundbreaking Paramount in 1990, it set a new industry standard -- affordable luxury that offered great value i...
Florida Panthers Holdings, Inc. Acquires the Edgewater Beach Hotel / April 1998
February 28, 1998
Hotel Online Press Releases Florida Panthers Holdings, Inc. Acquires the Edgewater Beach Hotel FORT LAUDERDALE, Fla., April 21, 1998 - Florida Panthers Holdings, Inc. (NYSE: PAW) today announced that it has acquired the Edgewater Beach Hotel, the only all-suite beach resort located in Naples, Florida from Resort Properties of Naples, LP., which is controlled by the Esping family of Dallas, Texas. The Edgewater's 126 suites are situated on a two-acre site and surround a tropical courtyard located only a few steps from seven miles of pristine beach. Amenities at the resort include a pool, a fitness cent...
PATA Recognises Industry Achievement with Grand and Gold Awards/ April 1998
February 28, 1998
Hotel Online Press Releases PATA Recognises Industry Achievement with Grand and Gold Awards MANILA, Philippines, March 30, 1998 ---- The Pacific Asia Travel Association (PATA) today honoured the outstanding achievement of a number of organisations and individuals during the Association's 1998 Gold Awards ceremony in Manila, Philippines. The awards included four Grand Awards - presented to the "best of show" entries in the categories of Marketing, Environment, and Heritage & Culture. The Marketing Grand Award was presented to the Sarawak Tourism Board for its sophisticated programme, "Sara...
PATA Selects Bangkok, Thailand as Site for Operational Headquarters / April 1998
February 28, 1998
Hotel Online Press Releases PATA Selects Bangkok, Thailand as Site for Operational Headquarters MANILA, PHILIPPINES, March 29,1998--The Pacific Asia Travel Association (PATA) will relocate the Association's operational headquarters from San Francisco, USA to Bangkok, Thailand. The announcement follows the selection of the new headquarters site by the Association's Executive Committee and the approval of funding today by the PATA Board of Directors during a meeting being held in conjunction with the Association's 47th Annual Conference in Manila, Philippines. The selection of Bangkok was made a...
Orient-Express Hotels to Open the Hotel Splendido Mare in Portofino, Italy / May 1998
February 28, 1998
Hotel Online Press Releases Orient-Express Hotels to Open the Hotel Splendido Mare in Portofino, Italy -- "Sister" Property to World-Famous Hotel Splendido Opens June 15 Following Extensive Renovation Portofino, Italy, New York - May 13, 1998 - Orient-Express Hotels Inc. today announced the June 15, 1998 opening of the Splendido Mare, an existing structure that had been a rendezvous for aristocracy, royalty, artists and intellectuals since the beginning of the twentieth century. Acquired by the company in 1997, the building has since been renovated and will now serve as a "sister" property to th...