RALEIGH, N.C., Apr 25, 2003 Winston Hotels, Inc. (NYSE:WXH), a real estate investment trust (REIT) and owner of premium limited-service, upscale extended-stay and full-service hotels, today announced that it intends to terminate its 33 management contracts with Interstate Hotels & Resorts, Inc. (NYSE:IHR), effective July 1, 2003.
Highland Hospitality Corporation (NYSE:HIH) announced today that it has acquired the 238-room Hilton Tampa Westshore hotel for a purchase price of $29.5 million, plus customary closing adjustments.
Mr. John Q. Hammons today announced his plans to develop a five-star hotel in Branson, Mo.
GERMANTOWN, Tenn.–(BUSINESS WIRE)–Oct. 23, 2002–Equity Inns, Inc. (NYSE: ENN), a hotel real estate investment trust (REIT), today announced that it has awarded to the Waterford Hotel Group, Inc. two additional hotel management contracts effective October 1, 2002. The Waterford Hotel Group assumed the management of Equity Inn's Princeton, New Jersey 208-room Residence Inn by Marriott … Read more
BILOXI, Miss., Sept. 4 /PRNewswire-FirstCall/ — Isle of Capri Casinos, Inc. (NASDAQ:ISLE) officials announced today the closing of the company's Tunica property's casino operation. In anticipation of the previously announced sale of the company's Tunica property, the company ceased operations of the Tunica casino facility today. The hotel and support facilities will remain open pending … Read more
DALLAS–(BUSINESS WIRE)–July 23, 2002– Strategic Transaction Creates Stronger Resort Portfolio While Expanding Brand Presence in Key Florida Market Wyndham International, Inc. (NYSE:WYN) has sold the 385-room Wyndham Myrtle Beach Resort and Arcadian Shores Golf Club, a leasehold interest in the golf course, and adjacent land to FelCor Lodging Trust Incorporated for $35.3 million. Under a … Read more
FAIRFIELD, N.J., Aug. 13 /PRNewswire-FirstCall/ — Prime Hospitality Corp. (NYSE:PDQ) announced today that it has completed the sale of its Shelton, CT AmeriSuites hotel to FCLC Shelton, LLC. The hotel will continue to be operated as a AmeriSuites under a 20-year franchise agreement. The 128 suite hotel is located at 695 Bridgeport Avenue, Shelton, CT … Read more
WHITE PLAINS, N.Y.–(BUSINESS WIRE)–May 28, 2002–Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today that it repurchased for cash all of its Series A Zero Coupon Convertible Senior Notes Due 2021 (the Notes) in accordance with the terms of the indenture governing the Notes. Each Note was purchased at its accreted value of $827.35 per … Read more
Boutique Resorts International, owner of 5 resort properties, (Napa-Mt. Snow-Tahoe-St. John-Anguilla) may as well be passing out blue and pink cuban cigars to celebrate its recent property management acquisition, number six now to this ever growing family of resorts, The Century Hotel on South Beach in Miami, Florida. This 26 room 1939 Henry Hohauser designed … Read more
Organized by the International Institute for Peace Through Tourism in Partnership with The World Travel and Tourism Council The Second Global Summit on Peace through Tourism will take place at the UN Conference Center, Geneva, Switzerland, February 5-8, 2003. The Summit is being organized by the International Institute for Peace through Tourism (IIPT) in partnership … Read more