Hotel & Motel Management back issues from January 2005:
Global Hyatt's plan includes AmeriSuites.(acquisition)
Jan 10, 2005; ... CHICAGO -- Hyatt Corp. plans to purchase the 143-unit AmeriSuites hotel brand from affiliates of The Blackstone Group. The company said it would form Global Hyatt Corp., a parent company including Hyatt Hotels Corp. and Hyatt International Corp. on Dec. 31, 2004. Analysts said that move ...
The sale of Ramada International Hotels & Resorts by Marriott International to Cendant Hotel Group has been completed.(Brief Article)
Jan 10, 2005 ... * The sale of Ramada International Hotels & Resorts by Marriott International to Cendant Hotel Group has been completed. Ramada International comprises 204 hotels with 27,728 ...
Organizers of the Hotel Investment Conference-Atlanta are expecting a record crowd of more than 500 attendees for the event, which is scheduled for March 13-15 at the Crowne Plaza Ravinia hotel in Atlanta.(Breaking News)
Jan 10, 2005 ... * Organizers of the Hotel Investment Conference-Atlanta are expecting a record crowd of more than 500 attendees for the event, which is scheduled for March 13-15 at the Crowne Plaza Ravinia hotel in Atlanta. Bob Hunter, conference chair, said the 17th annual conference ...
Bruce Wardinski, president and c.e.o. of Barcelo Crestline, said his company will acquire John Q. Hammons Hotels despite the fact that a special committee reported to the JQH board that Barcelo Crestline's offer of $13 per share was too low.(Brief Article)
Jan 10, 2005 ... * Bruce Wardinski, president and c.e.o. of Barcelo Crestline, said his company will acquire John Q. Hammons Hotels despite the fact that a special committee reported to the JQH board that Barcelo Crestline's offer of $13 per share was too low. At the end of December, JQH Hotels and ...
The board of InterContinental Hotels Group named Andrew Cosslett chief executive.(appointment)(Brief Article)
Jan 10, 2005 ... * The board of InterContinental Hotels Group named Andrew Cosslett chief executive. Cosslett, 49, ...
Love 'em or hate 'em, per diems affect hotels.(News)
Jan 10, 2005; ... NATIONAL REPORT--The 2005 fiscal year per diem rates that went into effect last fall were much like the hotel industry itself--a local story that's good or bad depending on a hotel's market. Per-diem rates, established periodically for 420 U.S. markets, are the amounts that ...
Fast track: brand's new name spurs optimism for rapid growth.(News)(Americas Best Value Inn )
Jan 10, 2005; ... LAS VEGAS -- For the record, Americas Best Value Inn by Vantage is up and running. Company executives unveiled the new name during the brand's annual conference, trade show and convention in December. Using a "For the Record" theme, the executives told the more than ...
Experts: deal pipeline should remain robust.(News)(Industry Overview)
Jan 10, 2005; ... NATIONAL REPORT--Sellers of upscale hotel properties should enjoy a very prosperous 2005, according to participants on a panel at the America's Lodging Investment Summit in Los Angeles Jan. 18-20. Upward trends evident during 2004 will continue to expand, with few grey clouds on the sales ...
Some hotels find per diems hurt more than help.(News)
Jan 10, 2005; ... NATIONAL REPORT--David Welliver, g.m. of the Days Hotel and Conference Center at Dulles International Airport in Virginia views per-diem rate increases as poison. "Government transient business tends to go where they perceive to be the best hotel for the best money," he said ....
Coastal Hotel Group founders Helmut Horn and Graham Hershman, and Coastal's former v.p. of marketing, Ralph Aruzza, formed Portfolio Hotels and Resorts.(Brief Article)
Jan 10, 2005; ... * Coastal Hotel Group founders Helmut Horn and Graham Hershman, and Coastal's former v.p. of marketing, Ralph Aruzza, formed Portfolio Hotels and Resorts. Chicago-based Portfolio plans to ...
The Central Florida Hotel & Lodging Assn. elected Peter Kacheris of the Orlando World Center Marriott chairperson for 2005.(Brief Article)
Jan 10, 2005; ... * The Central Florida Hotel & Lodging Assn. elected Peter Kacheris of the Orlando World Center Marriott chairperson for 2005. ...
The membership of the IAHI, the owners' association of InterContinental Hotels Group, elected David V. Shamoian chairman for 2005.(Brief Article)
Jan 10, 2005; ... * The membership of the IAHI, the owners' association of InterContinental Hotels Group, elected David V. Shamoian chairman for 2005. Shamoian is executive vice president of ...
Cendant's Hotel Group launched a two-part initiative to refocus its quality-assurance evaluation process on guest priorities.
Jan 10, 2005; ... * Cendant's Hotel Group launched a two-part initiative to refocus its quality-assurance evaluation process on guest priorities. The first part of the initiative, +GX, or Positive Guest Experience, will provide every franchisee and manager in the hotel group with real-time access to ...
REIT chief says thumbs up to Hyatt, AmeriSuites deal.(News)(Real estate investment trusts)
Jan 10, 2005; ... MEMPHIS -- Hyatt Corp.'s proposal to buy the AmeriSuites brand from The Blackstone Group and spend $150 million on it during the next two years was good news to Howard Silver. Silver is president and c.o.o. of Equity Inns, a Memphis-based real-estate investment trust, and the ...
Marriott models new guestroom.(News)(Marriott International Inc.)
Jan 10, 2005; ... BETHESDA, MD. -- Marriott International is in the final stages of establishing the new guestroom concept for its Marriot Hotels & Resorts brand, which is the centerpiece of a five-year plan that will focus on refining guests' experiences. Included in the new room is a bedding ...
San Diego tops state's development.(News)
Jan 10, 2005; ... COSTA MESA, CALIF. -- San Diego led the pack in development for the first half of 2004 compared with the rest of the state, according to the "California New Development Survey Mid-Year 2004" released by Atlas Hospitality Group. With 790 guestrooms opened in the first half of ...
Industry insight.(News)
Jan 10, 2005 ... * Hotel & Motel Management has partnered with the Center for Marketing Effectiveness to provide the inaugural Industry Insight section, addressing in-room entertainment issues ...
The JW Marriott Hotel Buckhead Atlanta is offering a Girl's Getaway package.(Business Boosters)(Brief Article)
Jan 10, 2005; ... * The JW Marriott Hotel Buckhead Atlanta is offering a Girl's Getaway package, which includes a fruit and cheese tray upon arrival, ...
Destination Hotels plans to double size.(News)
Jan 10, 2005; ... ENGLEWOOD, COLO. -- Destination Hotels & Resorts plans to double its size in the next five years and has a three-pronged plan for growth. The company's portfolio comprises 7,727 guest-rooms, 17 golf courses and eight full-service spas in 29 locations. Growth will be achieved ...
AH&LA chairman targets membership growth, diversity.(News)(American Hotel & Lodging Association)
Jan 10, 2005; ... NEW YORK -- Membership growth, branding the organization and diversity are three key elements of the strategic plan that Pedro Mandoki plans to undertake as chairman of the American Hotel & Lodging Assn. Mandoki was elected chairman for 2005 at the AH&LA meeting in New York in November. ...
Technology touches every aspect of hotels.(Checking in: perspective & letters)
Jan 10, 2005; ... Technology has been king for some time, and it continues to tighten its stranglehold on the lodging industry. Any hotel-company employee worth his or her salary knows how vital customer-relationship management is to the company. He or she also knows the degree of CRM success ...
Remove wrinkles from guestroom iron policy.(Checking in: perspective & letters)
Jan 10, 2005; ... I flew to Green Bay for the Wisconsin Lodging Conference on a Sunday. The taxi ride from the airport to the Regency Suites Hotel was eerie. The streets were deserted. Everyone was at the Packers football game. I felt compelled to watch the end of the game on the television set above the ...
Importance of IT revolves around creating, retaining value.(Cornell Insights)
Jan 10, 2005; ... As a hotel manager, you might take a dim view of information technology. IT is a considerable expense, made worse because hotel executives often feel that competitors can too easily match IT initiatives. The good news is that hotel companies can use commonly available IT to ...
RevPAR rising, but how far can it go as economy recovers?(Travel Trends)(revenue per available room)
Jan 10, 2005; ... Most in the industry feel a sense of relief now that revenue per available room is headed north for the first time since 9/11. Current forecasts call for growth exceeding 5 percent by year-end. But let's not forget the year-over-year comparisons are based on performance statistics that ...
Targeted sales action plans help hotels increase revenue.(Sales Clinic)
Jan 10, 2005; ... If you have not yet completed your sales action plan for this year, it is not too late. What we want to do is maximize revenue so that more falls to the bottom line of a profit statement. Most properties probably already have some sort of a marketing plan that gets into many ...
There's room for negotiation with franchise agreements.(Franchise Law)
Jan 10, 2005; ... Hotel franchisees often shortchange themselves by not negotiating effectively with franchisors to ensure they obtain the best franchise agreement possible. They often assume that franchisors have fixed positions and there is little room for movement. While franchise agreements ...
Managers' actions create environments of integrity, trust.(Training Trends)(corporate values)
Jan 10, 2005; ... It is no secret that corporate values make up a critical part of an organization's culture and govern the actions of its work force. In today's business environment, it serves companies well to determine if integrity is a fundamental core management value, and if so, how to reinforce that ...
Events.(Hospitality industry)(Calendar)
Jan 10, 2005 ... Jan. 13-16 Days Inns Worldwide conference and trade show: Gaylord Palms Hotel & Resort, Orlando Jan. 16-19 Super 8 conference and trade show: Gaylord Palms Hotel & Resort, Orlando Jan. 24 Hospitality Sales & Marketing Association ...
Performance of economy hotels falls behind most other segments.(Trends & Stats)
Jan 10, 2005; ... As the U.S. lodging industry continues to experience one of the most dramatic year-over-year improvements in most of the key performance indicators, the results for economy chain hotels have not been quite as dramatic. For example, we anticipate that revenue per available room growth for ...
After the bell.(Stock Index : Hospitality industry)(Illustration)
Jan 10, 2005 ... <Pre> After the bell Prices at close of trading, Dec. 7, 2004 Value at Close Value OneDec. 7, 2004 Month Ago PricewaterhouseCoopers Cap-Weighted Indices C-Corps ...
Lodging stocks outperform broader indices.(Stock Index)(Brief Article)
Jan 10, 2005 ... Lodging real-estate investment trusts advanced more than 6 percent in the four-week period ending Dec. 7, while lodging C-Corps advanced about 3 percent. Lodging stocks outperformed broader equity indices, which advanced by about 1 percent during this period. Selected notable corporate ...
2004 break-even occupancy at 53 percent.(Stock Index)
Jan 10, 2005 ... Q What has been the trend in break-even occupancy since 1987? A Break-even occupancy has been on a downward trend since the 1980s; PricewaterhouseCoopers calculates break-even occupancy reached a low of 48.5 percent as hotels reduced many of what had been viewed as fixed costs ...
Transactions.(Chicago Corporate Housing Partners LLC)(Kimpton Hotel and Restaurant Group Inc.)(KOR Hotel Group)
Jan 10, 2005; ... Management Chicago Corporate Housing Partners LLC, an entity created by Washington-based Potomac Hospitality Services, will operate Marriott ExecuStay's corporate housing business in Chicago through a franchise agreement--the third Marriott ExecuStay franchise for PHS. ...
Hotel owners, operators see bright year ahead.(Special Report)
Jan 10, 2005; ... Hotel owners and operators are optimistic about the coming year, but most agree there are still a couple of critical issues lurking that must be carefully dealt with to ensure a rosy 2005. While not entirely new challenges for hoteliers, the issues plaguing the industry in 2005 ...
The Comfort Inn & Suites in Del Rio, Texas, is open.(Changing Flags)(operated by KPSD LLC )(Brief Article)
Jan 10, 2005; ... * The Comfort Inn & Suites in Del Rio, Texas, is open. The hotel is owned and operated by KPSD LLC of Katy, Texas. Formerly a Holiday Inn Express, the property is undergoing a ...
Delayed hotel projects get second chance.(Development: on-hold deals)
Jan 10, 2005; ... As the industry returns to a more normal level defined by better conditions, hotel developers are moving forward with plans that had been sitting idle during the industry slump of the past four years. For those unlucky developers who were on the edge of solidifying a new project ...
Orlando.(Project Spotlight)(Rosen Shingle Creek Resort)(Brief Article)
Jan 10, 2005 ... Construction has begun on the Rosen Shingle Creek Resort, which will be one of the largest full-service convention resorts in Central Florida when it opens in the fall of 2006. The 230-acre resort will be owned and operated by Rosen Hotels & Resorts, which owns and operates six properties ...
Woodbine Development Corp. of Dallas closed on a $74.25-million construction and permanent loan with Prudential Mortgage Capital, clearing the way for construction of its $135-million Hyatt resort project under development between Austin and Bastrop, Texas.(In The pipeline)(Brief Article)
Jan 10, 2005; ... * Woodbine Development Corp. of Dallas closed on a $74.25-million construction and permanent loan with Prudential Mortgage Capital, clearing the way for construction of its $135-million Hyatt resort project under development between Austin and Bastrop, Texas. Site work on the 405-acre ...
MGM Mirage's board of directors approved a plan to create a multibillion dollar urban metropolis on a 66-acre site on the Las Vegas Strip.(In The pipeline)(CityCenter)(Brief Article)
Jan 10, 2005; ... * MGM Mirage's board of directors approved a plan to create a multibillion dollar urban metropolis on a 66-acre site on the Las Vegas Strip. Called Project CityCenter, the first phase will include development of 18 million square feet of space consisting of a ...
The city of Carlsbad, Calif., approved Grand Pacific Resort's plan to build a $150-million resort complex that is to include 350 hotel rooms, 350 timeshare units, two restaurants, four pools, tennis courts and conference rooms on a 50-acre site.(In The pipeline)(Brief Article)
Jan 10, 2005; ... * The city of Carlsbad, Calif., approved Grand Pacific Resort's plan to build a $150-million resort complex that is to include 350 hotel rooms, 350 timeshare units, two restaurants, four pools, tennis courts ...
Newport Hospitality Group, based in Williamsburg, Va., plans to build and manage a $13-million Hilton Garden Inn.(In The pipeline)(Brief Article)
Jan 10, 2005; ... * Newport Hospitality Group, based in Williamsburg, Va., plans to build and manage a $13-million Hilton Garden Inn in Columbia, S.C. Construction is ...
AmericInn International LLC announced the franchise signing and development plans for the new AmericInn Lodge & Suites of McAlester, Okla.(In The pipeline)(Brief Article)
Jan 10, 2005; ... AmericInn International LLC announced the franchise signing and development plans for the new AmericInn Lodge & Suites of McAlester, Okla. The 58-room AmericInn ...
Marketing top-of-mind issue at conference.(Timeshare: sales and marketing)
Jan 10, 2005; ... The timeshare industry's recent performance along with various marketing strategies and their effect on the timeshare industry were hot topics at the Timeshare & Resort Investment Conference, which was held at the Royal Pacific Resort at Universal Orlando. Howard Nusbaum, ...
Bluegreen Corp., a developer and marketer of timeshare resorts and planned residential and golf communities, was included on Forbes magazine's "America's 200 Best Small Companies" list.(on Time)
Jan 10, 2005; ... * Bluegreen Corp., a developer and marketer of timeshare resorts and planned residential and golf communities, was included on Forbes magazine's "America's 200 Best Small Companies" list. Bluegreen was ranked No. 67. The ranking is based on growth in sales, ...
Vacation-ownership company Fairfield Resorts celebrated the grand opening of its newly constructed flagship Florida property, Fairfield Orlando at Bonnet Creek Resort.(on Time)
Jan 10, 2005; ... * Vacation-ownership company Fairfield Resorts celebrated the grand opening of its newly constructed flagship Florida property, Fairfield Orlando at Bonnet ...
Celebration World Resort in Kissimmee, Fla., renewed its affiliation agreement with RCI, a vacation exchange company, for 10 years.(on Time)(Brief Article)
Jan 10, 2005; ... * Celebration World Resort in Kissimmee, Fla., renewed its affiliation agreement with RCI, a vacation exchange company, for 10 years. Celebration World Resort Marketing Ltd. owns and operates the 192-villa resort. The Crown Park Resort, a 330-village timeshare community in Gatlinburg, ...
Interval International renewed its multiyear strategic alliance agreement with the Caribbean Hotel Assn.(on Time)(Caribbean Hotel Association)(Brief Article)
Jan 10, 2005; ... * Interval International renewed its multiyear strategic alliance agreement with the Caribbean Hotel Assn. Under the terms of the agreement, Interval and the ...
Aviawest Resorts is developing a fractional resort real-estate program at the Parkside Resort & Spa in Victoria, British Columbia.(on Time)(Brief Article)
Jan 10, 2005; ... * Aviawest Resorts is developing a fractional resort real-estate program at the Parkside Resort & Spa in Victoria, British Columbia. Owners will be able to own one-quarter of a ...
Abundance of debt capital expected throughout 2005.(Special Report)
Jan 10, 2005; ... When the economy spiraled downward in 2001, hotel lending and investment activity came to a virtual standstill. Things sure have changed. As hotel operating fundamentals continue to pick up steam and the industry rebounds, lending activity also is on the rise. It's easy to ...
SRS-Worldhotels, the Americas, signed an agreement with Northwest Airlines to become a hotel company partner in the WorldPerks program.(Business Boosters)(Brief Article)
Jan 10, 2005; ... * SRS-Worldhotels, the Americas, signed an agreement with Northwest Airlines to become a hotel company partner in the WorldPerks program. WorldPerks members earn miles each time they fly on Northwest Airlines, SkyTeam Global Alliance ...
Diligent inspections keep fitness equipment in shape.(Hotel operations: fitness centers)
Jan 10, 2005; ... Whether a hotel's fitness center is a glorified stockroom with a treadmill and a step machine or a full-blown fitness facility complete with studios and personal trainers, having an attentive staff that knows how to prevent breakdowns is important for equipment performance and guest ...
Asset director.(Marketplace)
Jan 10, 2005 ... The Mintek Lodging Asset Management Suite is a mobile, all-in-one package that consists of asset management tools that provide remote management and oversight of maintenance activity, ...
RETRO telephones.(Marketplace)
Jan 10, 2005 ... TeleMatrix introduces the RETRO family of circa 1930 desk and wall telephones for hotel common areas. Upscale and Art Deco properties will love the simple but stylish lines of yesteryear. Available in a ...
Bathtub liners.(Marketplace)
Jan 10, 2005 ... AmBath bathtub liners are custom manufactured to fit perfectly over old cast-iron or pressed-steel bathtubs. Professionally installed in a few hours, the liners are ready for same-day use ....
Banquet chairs.(Marketplace)
Jan 10, 2005 ... NASCO offers factory direct, top-of-the-line banquet chairs at competitive prices. Choose from 21 styles. An array of frame colors, fabrics and features are available. Visit ...
Entertainment options.(Marketplace)
Jan 10, 2005 ... Showtime fills the room with unlimited entertainment, Hollywood Hits No One Else Has, critically acclaimed original series, powerful original pictures, one-of-a-kind live events ...
Vanity tops.(Marketplace)
Jan 10, 2005 ... AmBath vanity tops are available in a variety of colors and a choice of gloss or matte finishes. They are professionally installed in a few hours and are ready to use that same day. The tops are ...
Vanity tops: Hotel Vanities International offers practical and elegant chain-approved bath products at low prices.(Marketplace)
Jan 10, 2005 ... Hotel Vanities International offers practical and elegant chain-approved bath products at low prices. The company has a wide selection of vanity tops, including cultured marble, natural granite and ...
Digital entertainment.(Marketplace)
Jan 10, 2005 ... Introducing NXTV, the most advanced, digital IP-based in-room entertainment technology for luxury hotels. Featuring a 100-percent digital signal and HDTV compatibility, guests will enjoy the ...
Fleece blankets.(Marketplace)
Jan 10, 2005 ... 100-percent spun micro polyester has the warmth of wool and the comfort of cotton. The blankets have a double-stitched hem on all sides. They are extremely durable, colorfast and antipill treated. They ...
Internet access.(Marketplace)
Jan 10, 2005 ... High-speed Internet access is no longer an option for hotels, it is a necessity. InnFlux is the most reliable, easy-to-use, and cost-effective wireless Internet solution on the market today. We ...
Banquet chairs.(Marketplace)
Jan 10, 2005 ... COMFORTflex provides hours of supportive comfort and years of reliable performance. For heavy-duty comfort in a lightweight banquet chair, try the Como COM-FORTflex with high-strength, lightweight aluminum ...
Internet products.(Marketplace)
Jan 10, 2005 ... Blue Square Studios (www.bluesqstudios.com) is a provider of Web-based solutions for the hospitality industry. By combining its Hotel Site Toolkit modules with their award-winning designs, Blue ...
Capital provider.(Marketplace)
Jan 10, 2005 ... RockBridge Capital is an experienced capital provider focused exclusively on the hospitality industry. RockBridge provides capital throughout the capital structure, including: bridge first mortgage, mezzanine debt, and equity. RockBridge seeks ...
Down bedding.(Marketplace)
Jan 10, 2005 ... United Feather & Down features the Joseph Abboud designer collection of stylish, quality down pillows, comforters and more. We also do custom-sized duvet inserts and ...