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Corcoran Expositions and Conferon Complete Joint Venture to Market Trade Shows / May 1998
February 28, 1998
Hotel Online Press Releases Corcoran Expositions and Conferon Complete Joint Venture to Market Trade Shows CHICAGO, May 11, 1998 - Corcoran Expositions Inc. (CEI) and Conferon's Marketing Resource Associates division (MRA) have joined together in a joint venture to market trade shows. The new company is called Corcoran/Conferon LLC. Conferon is the nation's oldest and largest meeting planning company. It specializes in meeting logistics, site selection, housing, registration and marketing communications. Headquartered in Twinsburg, Ohio, Conferon has offices in Washington, D.C., Chicago, St. Louis,...
Consumer Reports Checks Into Hotel Chains; Better Room Deals May Be Yours For The Asking / May 1998
February 28, 1998
Hotel Online Press Releases Consumer Reports Checks Into Hotel Chains; Better Room Deals May Be Yours For The Asking, Survey Finds YONKERS, N.Y- May 18, 1998 - Hotel rates are at an all-time high - the average room now costs $79 a night, according to an industry-tracking firm - but the results of a Consumer Reports' readership survey suggest that hotels may, in essence, overcharge guests who don't actively seek a discount. Results of the survey, which gauged the experiences of more than 55,600 Consumer Reports subscribers who stayed at hotels during 1996 and early 1997, were also used to rate 46 cha...
Cloobeck Enterprises Announces Formation of WorldStar Resorts / April 1998
February 28, 1998
Hotel Online Press Releases Cloobeck Enterprises Announces Formation of WorldStar Resorts Company Announces New Management Structure LAS VEGAS, April 16 , 1998 - Cloobeck Enterprises today announced the formation of WorldStar Resorts, LLC, a leading developer, marketer and operator of vacation ownership resort properties in the United States. The new entity was formed through the contributions of certain assets by Cloobeck Enterprises and its affiliates, Starwood Capital Group, LLC and a group of private investors. Cloobeck Enterprises, which through its 100% ownership of Polo Resorts, Inc. and I...
Circus Circus Announces First Quarter Results / May 1998
February 28, 1998
Hotel Online Press Releases Circus Circus Announces First Quarter Results LAS VEGAS, May 21, 1998 - Circus Circus Enterprises, Inc. today announced its results for the first quarter ended April 30, 1998. For the quarter, the company reported net income of $21,607,000, or $.23 per share, compared with $37,489,000, or $.40 per share in the same quarter last year. In Las Vegas, Luxor produced $22.7 million in operating cash flow in the quarter compared to $27.5 million in the same quarter last year. While occupancy rose slightly in the quarter (92% vs 91%) and room rates held steady, a national advert...
Choice Atlantica Hotels Expands in Four South American Countries / April 1998
February 28, 1998
Hotel Online Press Releases Choice Atlantica Hotels Expands in Four South American Countries; Plans Reservations Centers to Service Entire Southern Cone FORT LAUDERDALE, Fla., April 28, 1998 In a move which significantly enhances its position as an aggressive operator and developer of Choice hotel products throughout South America, Choice Atlantica Hotels has acquired the master franchise rights to develop and franchise the Clarion, Quality Inn, Quality Suites, Comfort Inn, Comfort Suites and Sleep Inn hotel brands in the countries of Chile, Peru, Ecuador and Bolivia. Choice Atlantica Hotels, alo...
Choice Atlantica Hotels and Darby Overseas Investments Ltd.Announce Partnership to Develop Hotels in South America / April 1998
February 28, 1998
Hotel Online Press Releases Choice Atlantica Hotels and Darby Overseas Investments Ltd. Announce Partnership to Develop Hotels in South America; 140 New Hotels to be Developed in Next Five Years FORT LAUDERDALE, Fla.-April 1, 1998-- International hospitality firm Choice Atlantica Hotels announced today that it has concluded a partnership agreement with the Latin American private equity fund of Darby Overseas Investments, Ltd. Darby will be a substantial minority investor in a newly formed company, Choice Atlantica Holdings, Ltd. The group expects to develop an estimated 140 hotels in South America ...
Charlotte CVB Launches New Image Awareness Campaign / April 1998
February 28, 1998
Hotel Online Press Releases Charlotte CVB Launches New Image Awareness Campaign Kick-off Coincides With National Tourism Week May 3-9 CHARLOTTE, N.C., April 30, 1998 - The Charlotte Convention Visitors Bureau announced today a new campaign to promote the importance of travel and tourism on the local economy. The goal of the campaign is twofold: first, to increase local image and awareness of travel and tourism as an economic development force in our local and regional communities; second, to increase awareness of the role of the CCVB and its members in promoting travel and tourism in Mecklenburg County ...
Cavanaughs Hospitality Corporation to Acquire 393 Room Salt Lake City Hotel / April 1998
February 28, 1998
Hotel Online Press Releases Cavanaughs Hospitality Corporation to Acquire 393 Room Salt Lake City Hotel SPOKANE, Wash., April 30, 1998 - Cavanaughs Hospitality Corporation (NYSE: CVH) today announced that it has signed an agreement to purchase the 393 room Olympus Hotel and Conference Center in Salt Lake City, UT. The sale is expected to close this June, subject to customary closing conditions. Cavanaughs plans to re-flag the hotel under the Cavanaughs brand upon closing. Upon closing of this acquisition the total number of hotels owned by the company will be 14, with this being the first in Utah. This a...
Banco Union To Sell Camino Real Hotels and Resorts / April 1998
February 28, 1998
Hotel Online Press Releases Banco Union To Sell Camino Real Hotels and Resorts ATLANTA and MEXICO CITY - April 22, 1998--Banco Union today announced plans to sell Camino Real Hotels and Resorts, a portfolio of 15 luxury hotels in Mexico and one in the U.S. with a total of 3,828 rooms. Four of the properties are management contracts only. The transaction is expected to close within the next six months. The portfolio includes six beach resorts, three hotels in colonial cities, four in urban areas, one in Tijuana and one in Tuxtla Gutierrez. The hotels have been granted either the "Gran Turismo", or the "Fi...
Employment Expansion Fuels California Economic Growth; Solid Outlook for Tourism, Trade, Housing, High Tech / May 1998
February 28, 1998
Hotel Online Press Releases Employment Expansion Fuels California Economic Growth; Solid Outlook for Tourism, Trade, Housing, High Tech SACRAMENTO, CA - May 12, 1998 - Employment expansion is an important component of the state's rapid economic growth, according to the California Chamber's Economic Advisory Council. Not only was there a 3.7 percent rise in payroll employment, but payroll income tax wage withholding was up 19 percent in March 1998 compared to last year, the council notes in its quarterly report to the California Chamber Board of Directors. Job growth was 4.5 percent in the last quar...
Paul O'Neil Named President/COO Caesars Palace / April 1998
February 28, 1998
Hotel Online Press Releases Paul O'Neil Named President/COO Caesars Palace LAS VEGAS, March 31, 1998 - Paul O'Neil, senior vice president of ITT Sheraton's North American division and president of Sheraton Hotels of New York, has been named president and chief operating officer of Caesars Palace, pending regulatory approval. The announcement was made by Peter G. Boynton, chairman and chief executive officer of Caesars World, Inc., a wholly owned subsidiary of Starwood Hotels Resorts Worldwide, Inc. (NYSE: HOT). As president and chief operating officer, O'Neil will be responsible for all operations at ...
The Forum Shops at Caesars Expands, Adding Re-Creation of Roman Pantheon / May 1998
February 28, 1998
Hotel Online Press Releases The Forum Shops at Caesars Expands, Adding Re-Creation of Roman Pantheon LAS VEGAS--May 21, 1998--Caesars World Inc. and Simon DeBartolo Group Inc. (NYSE:SPG) in partnership with Gordon Group Holdings Ltd., Thursday announced plans to expand The Forum Shops at Caesars, adding 240,000 square feet of gross leasable area (GLA) to the existing 500,000 square-foot center. A re-creation of the Pantheon, one of the greatest architectural masterpieces in Roman history, will serve as the focal point of an entrance to a new, multilevel specialty retail, restaurant and entertainment com...
Buckhead America Signs Pact for Development of Country Hearth Inn Hotels in Rural Southeast / April 1998
February 28, 1998
Hotel Online Press Releases Buckhead America Signs Pact for Development of Country Hearth Inn Hotels in Rural Southeast ATLANTA, April 16 , 1998 - Buckhead America Corporation (Nasdaq: BUCK), a hospitality services company, said it signed an agreement with Cassland Corp., East Point, Ga., a closely held real estate holding company, for the development of up top 10 Country Hearth Inn hotels in rural Southeast communities during the next three years. Cassland will develop properties using the 40-unit Country Hearth Inn design prototype that is targeted at smaller markets. Buckhead America already ow...
Boykin Lodging Completes Acquisition of Ten DoubleTree Hotels / May 1998
February 28, 1998
Hotel Online Press Releases Boykin Lodging Completes Acquisition of Ten DoubleTree Hotels, Closes 6.9% Mortgage Financing CLEVELAND, May 22, 1998 - Boykin Lodging Company (NYSE: BOY), a multitenant hotel real estate investment trust, announced the completion of its acquisition of Red Lion Inns, L.P., and Red Lion's ten full-service DoubleTree Hotels. Boykin Lodging paid $35.3 million in cash and issued 3.1 million of its common shares to the Red Lion unitholders in the transaction. Based upon the closing price of Boykin's common shares on May 21, 1998, the total cost of the transaction, including as...
Kansas Based Boulevard Brewing Co. Now 38th Largest U.S. Brewery Industry / May 1998
February 28, 1998
Hotel Online Press Releases Missouri Based Boulevard Brewing Co. Now 38th Largest U.S. Brewery Industry By Mike Shields, Journal-World, Lawrence, Kan. Knight Ridder/Tribune Business News KANSAS CITY, Mo.--May 25--Boulevard Brewing Co., according to its president, has become the 38th-largest U.S. brewery in less than a decade of existence. And Lawrence beer drinkers have done their part to make it so. "Lawrence has probably the highest per capita consumption in our market," said John McDonald, 44, the company's founder and president. With the exception of a few convenience stores, Boulevard products,...
The Blackstone Group and Colony Capital Make Offer for London's Famed Savoy Hotel / April 1998
February 28, 1998
Hotel Online Press Releases The Blackstone Group and Colony Capital Make Offer for London's Famed Savoy Hotel and Four Other Legendary UK Properties NEW YORK, April 8, 1998 - The Directors of Blackstone Hotel Acquisitions Company ("BHAC"), Colony Capital, Inc., and the Board of Savoy Hotels plc (LSE: SVOY) announced in London yesterday that they had agreed on the terms of recommended cash offers to be made for the Savoy `A' and `B' shares on behalf of BHAC. BHAC is an investment company formed by Blackstone Real Estate Partners, a real estate investment fund formed by the privately held U.S. investmen...
Red Roof Inns Sells Atlanta Airport Inn To Diplomat Hotels / May 1998
February 28, 1998
Hotel Online Press Releases Biloxi, MS; Room Boom The Sun Herald, Biloxi, Miss., Inside Gambling Notes Column By Dave Palermo, The Sun Herald, Biloxi, Miss. Knight Ridder/Tribune Business News May 23--THE ROOM BOOM: Some 5,138 hotel and motel rooms have been built on the Coast since 1993, a year after the opening of the Isle of Capri ignited a casino industry explosion on the Mississippi Sound. The growing gambling and tourism industry has doubled the inventory of Coast accommodations. There are 11,585 hotel and motel rooms in Harrison, Hancock and Jackson counties today with another 4,465 rooms prop...
Westin Hotel to Replace Marriott as Meydenbauer Place Anchor in Bellevue, WA / May 1998
February 28, 1998
Hotel Online Press Releases Westin Hotel to Replace Marriott as Meydenbauer Place Anchor in Bellevue, WA New Company, Related Lodging Group, Will Develop, Design, and Build Hotels Nationwide First Project Will be 531-Room Westin at Meydenbauer Place, the Mixed-Use Development in Bellevue, Wash. --- BELLEVUE, Wash.--May 20,1998--A 16-story, 530-room luxury Westin Hotel will anchor Meydenbauer Place, the mixed-use development to adjoin Meydenbauer Center in downtown Bellevue. The announcement was made today by the three Meydenbauer Place development partners -- Connie Grant of Bellevue's Tochter...
Phoenix's Bank One Ballpark Stadium Premier Foodservice Operation / April 1998
February 28, 1998
Hotel Online Press Releases Bank One Ballpark Stadium Restaura's Premier Foodservice Operation; The Most Advanced Foodservice Installation in Sports History ----- Master Prototype For Stadiums Of The Future Phoenix, AZ - April 3, 1998-- Bank One Ballpark (BOB), the new home of the Arizona Diamondbacks, officially opened on Tuesday, March 31, when the game commenced at the $354 million stadium. And like ballparks of yesteryear, food will be a big part of the "baseball experience." Restaura, Inc., of Phoenix, is Bank One Ballpark's main concessionaire, occupying a total of 130,000 square feet of ...
ASTON Hotels & Resorts – Marketing to the World / April 1998
February 28, 1998
Hotel Online Press Releases ASTON Hotels & Resorts - Marketing to the World Celebrating 50 Years of Aloha Sprit Also see: ASTON Hotels & Resorts Fact Sheet ASTON - A 60 Year History Introducing ASTON to the World A coordinated communications program of advertising, public relations and publicity helped introduce the name. More importantly, the new name was used to further the company's image as one of the nation's innovators in all suite condominium resort management and a leader in the Hawaii hotel industry. The new name was a perfect vehicle to create vitally imp...
ASTON Hotels & Resorts – Fact Sheet / April 1998
February 28, 1998
Hotel Online Press Releases ASTON Hotels & Resorts - Fact Sheet Celebrating 50 Years of Aloha Sprit Also see: Marketing ASTON to the World ASTON - A 60 Year History Background: ASTON's beginnings are deeply rooted in local traditions. In 1948, Joseph and Annalie Tatibouet built and operated their first hotel in Waikiki. Today, under the leadership of their son, Andre S. Tatibouet, ASTON Hotels & Resorts offers a memorable vacation experience at a wide variety of quality hotels and condominium resorts on four Hawaiian islands. Andre Tatibouet is no stranger to t...
ASTON Hotels & Resorts; a 60 Year History / April 1998
February 28, 1998
Hotel Online Press Releases ASTON Hotels & Resorts - a 60 Year History Celebrating 50 Years of Aloha Sprit Also see: ASTON Hotels & Resorts Fact Sheet Marketing ASTON to the World An Auspicious Start The ASTON story begins in Shanghai in late 1932, when Joseph "Tati" Tatibouet joined a fellow Frenchman and a crew of four Russians on the Chinese junk FuPo I to sail around the world. Their shipwreck on Formosa (Taiwan), the construction of the replacement FuPoII and an eight month sojourn through Papua, New Guinea, spring straight from the pages of an adventure tale. Th...
Laurie Armstrong Named VP of Public Relations at San Francisco Convention & Visitors Bureau / April 1998
February 28, 1998
Hotel Online Press Releases Laurie Armstrong Named VP of Public Relations at San Francisco Convention & Visitors Bureau SAN FRANCISCO, April 1, 1998 -- Laurie Armstrong has been named to the position of Vice President, Public Relations at the San Francisco Convention & Visitors Bureau (SFCVB), effective March 30, 1998. She replaces Helen K. Chang who departs April 3 to pursue freelance assignments and devote more time to her expanding family. "While Helen will be missed, we are pleased to add Laurie's skills and eighteen years of marketing communications experience to our highly successful te...
ATT Survey Examines Communications Habits of Travelers / April 1998
February 28, 1998
Hotel Online Press Releases ATT Survey Examines Communications Habits of Travelers Vacation Travelers Stay Tethered to Work Home NEW YORK - April 29, 1998 - As millions of Americans embark on their annual getaways, the majority of them will take extra steps to stay connected to the place they just left behind. In a new survey of 604 U.S. adults, ATT found that travelers these days are toting more than sunglasses, maps, and paperbacks when they hit the road. Many will pack cell phones, pagers, beepers, laptops, calling cards and prepaid cards. While Americans are using vacations to escape from the day...
