PMHS’ ZERO DEFECTS—A REVOLUTION IN THE LIMITED SERVICE INDUSTRY

ALEXANDRIA, VA (August 22, 2001)—Alexandria-based hotel management company PM Hospitality Strategies has found a brand-new way to put more heart into the limited-service hotel industry. PMHS’ new Zero Defects program centers around increasing the unity between the housekeeping and maintenance departments—the heart of the house. PMHS’ Chief Operating Officer Greg Miller is the architect behind … Read more PMHS’ ZERO DEFECTS—A REVOLUTION IN THE LIMITED SERVICE INDUSTRY

German Funds To Become Pan-European Hotel Investors?

Frankfurt, 17th December 2001 — German institutional investors have the potential to become a truly pan-European investment force, according to a new report released by Jones Lang LaSalle Hotels. According to the research, German open and closed-ended funds currently have approximately €10.8 billion to invest into European real estate. “Given the existing average asset allocations, … Read more German Funds To Become Pan-European Hotel Investors?

ARESCOM Hospitality Network Forms Systems Integrator Partnership With Lee Communications

AHN teams with proven hospitality telecom solutions provider to deliver wired and wireless High Speed Internet Access FREE to business-class hotels across the nation FREMONT AND PLEASANTON, CALIF. — AUG. 21, 2002 — ARESCOM Inc., a global provider of High Speed Internet Access (HSIA) equipment and related services for the Hospitality, Residential Property, Telecommunication and … Read more ARESCOM Hospitality Network Forms Systems Integrator Partnership With Lee Communications

2002 Las Vegas International Hotel & Restaurant Show Post Show Report

LAS VEGAS ­ The 23rd annual Las Vegas International Hotel & Restaurant Show (LVIHRS) lived up to its promise of positioning itself as the leading marketplace for Western hospitality professionals by putting key buyers in front of manufacturers showcasing their products and services. The LVIHRS took place at the Las Vegas Convention Center June 19-20. … Read more 2002 Las Vegas International Hotel & Restaurant Show Post Show Report

Cendant Acquires Lodging.com to Expand Marketing of Hotel Rooms To Consumers and Travel Agencies

NEW YORK, Aug. 12 /PRNewswire-FirstCall/ — Cendant Corporation (NYSE:CD) today announced that it has acquired Lodging.com. Lodging.com is a leading and growing online hotel reservation travel site, generating approximately 115,000 hotel reservations per month predominantly through its network of web sites as well as through its call center at 888-LODGING. The transaction is expected to … Read more Cendant Acquires Lodging.com to Expand Marketing of Hotel Rooms To Consumers and Travel Agencies

High-Speed Access Use Doubles at Marriott's Hotels

WASHINGTON, July 9 /PRNewswire-FirstCall/ — Marriott International, Inc. (NYSE:MAR) leads the hotel industry in offering guests high-speed Internet access, with more than 105,000 guest rooms in 370 hotels installed. High- speed access use has nearly doubled at Marriott's hotels over the past six months. This year more than 20,000 rooms in 75 additional hotels will … Read more High-Speed Access Use Doubles at Marriott's Hotels

Trump Hotels & Casino Resorts Fourth Quarter and Year-End Results

NEW YORK–(BUSINESS WIRE)–Feb. 15, 2002–Trump Hotels & Casino Resorts, Inc. (THCR or the Company) (NYSE: DJT) today reported earnings and EBITDA for the quarter and the year ended December 31, 2001. THCR's EBITDA (earnings before interest, taxes, depreciation, amortization, CRDA and corporate expenses) for the year ended December 31, 2001 increased to $270.3 million from … Read more Trump Hotels & Casino Resorts Fourth Quarter and Year-End Results

Cap Cana Breaks 50% Sales Mark in First Ninety Days

PUNTA CANA, Dominican Republic, Feb. 28 /PRNewswire/ — In less than ninety days, the developers of Cap Cana, the Caribbean's new multi-billion dollar resort development, said they have taken reservations for half of their initial real estate offerings ranging from $800,000-$1.6 million. Buyers in this first phase, will be Cap Cana's Founding Members, and will … Read more Cap Cana Breaks 50% Sales Mark in First Ninety Days

INSIGNIA/ESG HOTEL PARTNERS ARRANGES SALE OF DISTRICT HOTEL

Washington, DC ¡V July 6, 2001 ¡V Insignia/ESG Hotel Partners is pleased to announce the sale of the Residence Inn by Marriottƒ{Washington, DC Thomas Circle at 1199 Vermont Avenue, NW. Vermont Company, LLC sold the 202-suite, extended-stay hotel to JWM Family Enterprises. Marc Magazine and Peter Greene of Insignia/ESG Hotel Partners represented the seller, Vermont … Read more INSIGNIA/ESG HOTEL PARTNERS ARRANGES SALE OF
DISTRICT HOTEL