London, 1st August 2002 On behalf of All Nippon Airways Co, Ltd (ANA) and JJW Hotels & Resorts, Jones Lang LaSalle Hotels is pleased to announce the sale of the five star deluxe ANA Grand Hotel in Vienna to JJW Hotels & Resorts. The sale is the most significant single asset hotel transaction to … Read more JJW Hotels & Resorts purchases the ANA Grand Hotel in Vienna
Global lodging stocks appear to have regained most of the value lost in the months following September 11. Jones Lang LaSalle Hotels looks at the global experience in the latest edition of Hotel Topics, entitled Public and Private Hotel Investment. For the complete article – click here
NEW YORK, Dec. 18 /PRNewswire/ — Cendant Corporation (NYSE: CD) has extended its offer to the holders of $850 million principal amount of its 6-7/8% notes due 2006 to exchange such notes for a like principal amount of its 6-7/8% exchange notes due 2006, which have been registered under the Securities Act of 1933, as … Read more Cendant Corporation Extends Exchange Offer
SPARTANBURG, S.C.–(BUSINESS WIRE)–Jan. 21, 2002–Extended Stay America, Inc. (NYSE: ESA) has opened a three-story Extended StayAmerica Efficiency Studios hotel located at 340 Tolland Turnpike, Manchester, Connecticut. The 104 room hotel is the Company's first property in the Manchester area, its second property in the state and its 431st property overall. According to Chief Executive Officer … Read more Extended Stay America, Inc. Opens Second Hotel in Connecticut
NEW YORK–(BUSINESS WIRE)–Oct. 30, 2000–Fitch has just published a Credit Update report on Hilton Hotels Corp. (HLT). HLT owns many of the world's best known and most highly regarded hotel brands, including Hilton, Embassy Suites, Hilton Garden Inn, Hampton Inn, Doubletree, Homewood Suites and Red Lion. The company maintains a significant domestic presence in virtually … Read more Fitch Publishes Report On Hilton Hotels Corp.
November 6, 2000 — HVS International — Club Mediterranee, the French tour operator, has seen its share price fall 30% to Euro 95, since it issued a profit warning last September, when it stated that at worst its operating profit may be 10% lower than first predicted. According to analysts at BNP Pari-bas, further gloom … Read more Troubled Times Ahead Predicted For Club Mediterranee
Starting June 1st, 2003, Rezidor SAS Hospitality, one of the world's leading hospitality management companies, will begin managing the Golden Arch Hotels at Zurich Airport and Lully/Estavayer Le Lac.
Hotel Brokers International (HBI), the hotel industry's oldest real estate sales and consulting organization, elected Swoboda Hospitality Specialists to membership earlier this month. Joining HBI are William Meinhold, CHB and President of the company, Greg Meinhold, CCIM, CEO and Designated Broker, and agents, Del Ward, Jason Jones, L.J. Benjamin and Al Almada.
MYRTLE BEACH, S.C.–(BUSINESS WIRE)–Sept. 9, 2002–Construction has begun on the newest star on Myrtle Beach, South Carolina's famous Grand Strand. The $50-million dollar Myrtle Beach Marriott Resort at Grande Dunes is scheduled to open in January 2004. This will be one of Myrtle Beach's finest attractions offering amenities unrivaled on the Grand Strand, said Bruce … Read more Columbia Sussex Begins Construction On New Myrtle Beach Luxury Marriott Resort
PROVIDENCE, R.I. – May 24, 2002 – Four prominent leaders in the hospitality world received honorary degrees during commencement exercises at Johnson & Wales University's five campuses. A total of 7,240 students graduated from Johnson & Wales University's campuses in Providence, R.I.; Charleston, S.C.; Norfolk, Va.; North Miami, Fla.; and Denver, Colo. At the Providence … Read more Hospitality Industry Leaders Awarded Honorary Doctorates at Johns on & Wales