Over 142,000 Marriott Associates Worldwide Celebrate Company's 75th Anniversary During Spirit To Serve Our Communities Day

WASHINGTON, May 22 Marriott International, Inc. (NYSE:MAR) Chairman and CEO J.W. Bill Marriott, Jr. will join Washington, D.C., civic officials today to honor 10 area public elementary school students with college scholarships. While Bill Marriott gives out the 10 Who Are 10 awards at the JW Marriott Hotel in D.C., thousands of fellow associates around … Read more

CoServ Realty Appoints Quorum Hotel Advisors as Asset Manager for The Westin Beechwood – Fort Worth and The Creeks at Beechwood Golf Course

CORINTH, Texas–(BUSINESS WIRE)–Dec. 18, 2001– Services to Continue Uninterrupted Under CoServ's New Ownership CoServ Realty Holdings, L.P., has appointed Quorum Hotel Advisors, LLC (QHA) as its asset manager for The Westin Beechwood – Fort Worth Hotel and The Creeks at Beechwood golf course. Our primary objective is to bring stability to these properties. We also … Read more

HVS’ 2001 Franchise Fees Analysis Guide, Designed to Assist the Hotel Owner

Stephen Rushmore, president and founder of HVS International, the leading global hospitality consulting and hotel appraisal firm, has recently published the 2001 Franchise Fees Analysis Guide – a survey of the fees charged by the major hotel franchisors in the economy, mid-rate, and first-class market segments. This guide enables hotel owners to easily compare the … Read more

Choice Names Burgett to Head Economy Lodging Franchise Sales

SILVER SPRING, Md.–(BUSINESS WIRE)–April 22, 2002–Choice Hotels International, Inc. (NYSE:CHH) today announced that it has named franchise sales veteran Ron Burgett to head up a new initiative aimed at selling its economy Econo Lodge and Rodeway Inn brand franchises. We determined that a focused sales effort, led by one of our top franchise sales professionals, … Read more

Boston Properties Announces Equity Offering

BOSTON, Oct. 26 /PRNewswire/ — Boston Properties, Inc. (NYSE: BXP), a real estate investment trust, announced today the sale of 15 million shares of Common Stock at $39.0625 per share, resulting in net proceeds to the Company of approximately $556 million after commissions and expenses. Goldman, Sachs & Co. and Morgan Stanley Dean Witter acted … Read more

Donald Trump To Buy Landmark Hotel Delmonico

NEW YORK – Donald J. Trump signed a binding contract to acquire the Hotel Delmonico in Midtown Manhattan, according to Sonnenblick-Goldman Company, which served as exclusive advisor to the seller. Sonnenblick-Goldman’s international marketing effort secured 12 binding proposals from highly qualified buyers, according to Mark Gordon, head of the firm’s International Lodging and Leisure Group. … Read more

Four Seasons Hotels Inc. Reports Third Quarter 2000 Results, Management Earnings Increase By 30%

TORONTO–(BUSINESS WIRE)–Nov. 8, 2000–Four Seasons Hotels Inc. (NYSE:FS) (TSE:FSH.) today reported its results for the third quarter ended September 30, 2000. Net earnings increased 13.5 % to $23.1 million ($0.67 basic earnings per share) for the three months ended September 30, 2000, as compared to net earnings of $20.3 million ($0.60 basic earnings per share) … Read more