Gemstone Resorts Named Consultant for Olympus’s Rockresort Portfolio

Gemstone to Direct Strategy for Five Resort Properties PARK CITY, Utah, May 13, 2002–Gemstone Resorts International, a hotel and resort management company, announced today that it has been retained by Olympus Real Estate Partners, a real estate investment firm, to provide day-to-day consulting services on its five Rockresort properties located throughout the United States. Gemstone … Read more

Boykin Lodging Exceeds Analyst FFO Estimates for 2002 First-Quarter

CLEVELAND, May 14 /PRNewswire-FirstCall/ — Boykin Lodging Company (NYSE:BOY), a hotel real estate investment trust, today announced financial results for the three-month period ended March 31, 2002. For the first quarter, funds from operations (FFO) of $4.8 million, or $0.24 per fully-diluted share, exceeded the consensus of analysts' estimates and was in line with the … Read more

Go Racing with Knights Inn Brand During Summer Rev It Up

Winner Scores Trip to NASCAR Craftsman Truck Series Race in Miami PARSIPPANY, N.J. (May 16, 2002) – Knights Franchise Systems Inc. today announced its exciting summer promotion, “Rev It Up,” which will run from June 3 to September 6, 2002. One sweepstakes winner and a guest will receive round trip coach airfare, hotel accommodations, a … Read more

Humphrey Hospitality Trust, Inc. Reports Quarterly Results

COLUMBIA, Md.–(BUSINESS WIRE)–May 16, 2002–Humphrey Hospitality Trust, Inc. (NASDAQ:HUMP), a real estate investment trust, today announced its results for the first quarter ended March 31, 2002. Funds from operations (FFO) were $.6 million, or $.05 per basic and diluted share (per share), for the first quarter of 2002, versus $3.6 million, or $.33 per share … Read more

National Trust Historic Hotels of America Announces 2002 Public Relations Committee

Carolyn Grubb from the Hotel du Pont in Wilmington, Del., Selected Chairperson WASHINGTON, D.C., May 24, 2002 — National Trust Historic Hotels of America, a collection of 185 historically significant hotels, recently announced its 2002 public relations committee. Carolyn Grubb, director of public relations at the Hotel du Pont in Wilmington, Del., was selected chairperson … Read more

EACH OF PAN PACIFIC'S NORTH AMERICA PROPERTIES HONORED WITH CONDE NAST TRAVELER'S GOLD LIST ACCOLADE

(San Francisco, CA) — Pan Pacific may be small, but this Singapore-based hotel company is making a powerful impact with each of its four North America properties which have all been listed, once again, on Conde Nast Traveler's elite Gold List. With only four properties in North America, Pan Pacific's Vancouver Hotel and Whistler Lodge … Read more

MeriStar Hospitality Completes Sale of $250 Million of Senior Notes

WASHINGTON–(BUSINESS WIRE)–Dec. 19, 2001–MeriStar Hospitality Corporation (NYSE:MHX), the nation's third largest hotel real estate investment trust (REIT), today announced that it had completed the sale of $250 million senior, unsecured notes. Proceeds of the sale will be used to pay off Term Loans A and B, with the balance to be used to reduce the … Read more

The Arden Group, Gemstone Resorts International Form Joint Venture to Acquire, Asset Manage and Operate Hotels

PHILADELPHIA, Pa., PARK CITY, Utah, January 21, 2002—The Arden Group, a major real estate investment company headquartered in Philadelphia, and Gemstone Resorts, a resort and unique hotel management company, today announced the formation of a joint venture to acquire, asset manage and operate four- and five-star hotels and resorts in the U.S., Hawaii, Mexico and … Read more