Choice Announces 3rd Quarter 2002 Results to Exceed Consensus Estimate by 2 Cents; Will Report Unit Growth of 4.2%

SILVER SPRING, Md. Oct. 18, 2002 Choice Hotels International, Inc., (NYSE:CHH) today announced that the company will report diluted earnings per share (EPS) of $0.54, which will exceed the consensus estimate of $0.52 by two cents. The company also will report EBITDA for the quarter of $39.3 million, a 2.3% increase over the prior year. … Read more

Super 8 Motels Inc. Launches Two Fall Sweepstakes

PARSIPPANY, N.J. (Sept. 5, 2002) – Super 8 Motels Inc. today announced two national promotions designed to increase brand visibility and drive business to the chain’s 2,000-plus properties during the fall travel period. Now through Dec. 3, consumers can win valuable prizes by entering the Super 8/Ford Racing Sweepstakes and the Super 8 Get In … Read more

The Bestrates™ Are Just Around The Corner At Best Western

Up to 50 percent off at select properties. PHOENIX, Sept. 19, 2002— Best Western International, THE WORLD'S LARGEST HOTEL CHAIN® is providing some great values for guests this fall. The BestRates™ promotion offers savings of up to 50 percent at select properties. BestRates offers value-priced lodging at participating hotels throughout the United States, Canada and … Read more

Fairmont Hotels & Resorts Inc. reports Second Quarter Results Exceeds Second Quarter Forecast – Maintains 2002 Guidance

TORONTO, July 22 /PRNewswire-FirstCall/ — Fairmont Hotels & Resorts Inc. (FHR or the Corporation) (TSX/NYSE: FHR) today announced financial results for the second quarter ended June 30, 2002. All amounts are expressed in U.S. dollars. FHR's financial results for the three and six months ended June 30, 2001 contain substantial non-recurring items related to the … Read more

Wyndham International Reports Second Quarter 2002 Earnings; Free Long Distance Offer Creates New Demand for Brand

DALLAS Aug. 6, 2002 Wyndham International, Inc. (NYSE:WYN) today reported results for the second quarter ended June 30, 2002. Financial Highlights Total revenues on a comparable pro forma basis, which reflects adjustments for acquisitions and dispositions, for the second quarter 2002, were $508.7 million, an 8.7 percent decrease from the same period in 2001. On … Read more

RFS Hotel Investors, Inc. Announces Offering of 2.0 Million Shares of Common Stock

MEMPHIS, Tenn.–(BUSINESS WIRE)–May 30, 2002–RFS Hotel Investors, Inc. (NYSE:RFS) today announced an offering of 2.0 million shares of common stock resulting in net proceeds of approximately $24.7 million. The Company intends to use the proceeds of the offering, together with available cash, to repurchase all of the Company's Series B Preferred Stock for approximately $25.9 … Read more

Fairmont Hotels & Resorts Inc. Declares Dividend

TORONTO, June 10 /PRNewswire-FirstCall/ — The Board of Directors of Fairmont Hotels & Resorts Inc. (FHR)(TSE/NYSE: FHR) has declared a semi- annual dividend of two cents (U.S.$0.02) per share on the outstanding common shares, payable on July 29, 2002, to holders of record at the close of business on June 27, 2002.

Dynamic Deals Highlight the Opening of Hyatt Regency Chesapeake Bay Golf Resort, Spa and Marina

CHICAGO–(BUSINESS WIRE)–June 19, 2002–From Labor Day Weekend through October 31st travelers can find special room rates at the Mid-Atlantic's newest luxury resort. Hyatt Regency Chesapeake Bay Golf Resort, Spa and Marina will open August 29th, 2002, and will offer guests immediate savings on a hotel stay plus a number of resort amenities. Guests checking in … Read more

Carlos Lopes Named Managing Director at Hotel Bel-Air

LOS ANGELES–(BUSINESS WIRE)–March 7, 2002–Hotel Bel-Air is pleased to announce the appointment of Carlos Lopes as Managing Director for the hotel. I could not have wished for a more exceptional hotel with which to be involved, said Lopes on his appointment. I look forward to building upon the foundation of elegance and high standards for … Read more