Frequent Traveler Trends Cite Importance of Hotel Loyalty Programs – Priority Club(R) Rewards Re-Launches Program in Response

ATLANTA, Feb. 19 /PRNewswire/ — Trends among frequent travelers indicate that guest loyalty programs are a determining factor in hotel choice an overwhelming 76 to 100 percent of the time.* Six Continents(SM) Hotels (SCH) answers the current consumer demand by re-launching, Priority Club(R) Rewards (formerly Priority Club Worldwide). With new features like points transfer and … Read more Frequent Traveler Trends Cite Importance of Hotel Loyalty Programs – Priority Club(R) Rewards Re-Launches Program in Response

LaSalle Hotel Properties Announces Public Offering of $87.0 Million 10-1/4% Series A Cumulative Redeemable Preferred Shares

BETHESDA, Md., Mar. 1 /PRNewswire-FirstCall/ — LaSalle Hotel Properties (NYSE: LHO) today announced the public offering of $87.0 million Series A Cumulative Redeemable Preferred Shares (Preferred Shares), with a fixed distribution rate of 10.25% per year. The offering is expected to close on March 6, 2002. The Preferred Shares will be redeemable at a price … Read more LaSalle Hotel Properties Announces Public Offering of $87.0 Million 10-1/4% Series A Cumulative Redeemable Preferred Shares

AmeriSuites Enters Timeshare Industry

FAIRFIELD, N.J., Dec. 6 /PRNewswire/ — Prime Hospitality Corp. (NYSE: PDQ) announced it has entered into an agreement with Timescape Resorts to develop the AmeriSuites Vacation Club at Calypso Cay Vacation Villas, in Orlando, FL, south of Lake Buena Vista. The 151-suite Vacation Club is expected to open in late 2001. Opportunities to develop other … Read more AmeriSuites Enters Timeshare Industry

The Saint Paul Hotel Maintains Four Star, Four Diamond Distinction

ST. PAUL, Minn.–(BUSINESS WIRE)–Feb. 4, 2002–The Saint Paul Hotel was recently awarded a Four Star rating from Mobil Travel Guide, complementing the Four Diamond rating it received from AAA last fall. The Saint Paul Hotel continues to be the only Minnesota property, which has received both distinctions, making it the state's highest rated hotel for … Read more The Saint Paul Hotel Maintains Four Star, Four Diamond Distinction

Four Seasons Resort Sharm El Sheikh Opens May 15, 2002

TORONTO, March 25 Two luxury hotels. Two unique experiences. One fascinating country. The 200-room Four Seasons Resort Sharm El Sheikh will open May 15, 2002. Located at the southern tip of the Sinai Peninsula, overlooking the Red Sea, Four Seasons first resort in the Middle East is an ideal second stop for visitors traveling to … Read more Four Seasons Resort Sharm El Sheikh Opens May 15, 2002

FEATURE: Hospitality eBusiness: The future

As the hospitality industry continues to embrace electronic forms of doing business, from the way rooms inventory is distributed to the online purchasing of goods and services, tradition-bound attitudes are changing in this sector as rapidly as the technological enhancements that mold them. The context for eBusiness in hospitality is a challenging one but the future … Read more FEATURE: Hospitality eBusiness: The future

Extended Stay America, Inc. Amends Credit Facility to Provide Development Flexibility

SPARTANBURG, S.C.–(BUSINESS WIRE)–Dec. 17, 2001–Extended Stay America, Inc. (NYSE:ESA), a leading provider of extended stay lodging, today reported that it has amended its $900 million bank credit facility to provide additional flexibility in managing the development of new hotels. By increasing the total leverage permitted under the credit facility, the Company expects that it will … Read more Extended Stay America, Inc. Amends Credit Facility to Provide Development Flexibility

E-Lodging Industry Beckons New Entrepreneurs

The e-lodging industry has moved from its early land-grab phase into an era of decentralization, stability and profitability. And many new entrepreneurs have heard it call their name. There has never been a more exciting time to start an e-lodging business than now. Many online lodging agencies are springing up daily on the Internet. These … Read more E-Lodging Industry Beckons New Entrepreneurs

Choice Inks Agreement With Caribbean Hotel Association To Leverage Power Of Choicebuys.Com

Silver Spring, MD (August 29, 2002) – Worldwide lodging franchisor Choice Hotels International (NYSE:CHH) has entered into an agreement with the Caribbean Hotel Association (CHA) that gives CHA access to the technology, vendor relationships and purchasing power of ChoiceBuys.com, Choice’s award-winning e-procurement system. The agreement calls for the creation of CaribBuys.com, an e-procurement system that … Read more Choice Inks Agreement With Caribbean Hotel Association To Leverage Power Of Choicebuys.Com