Fitch Rts Starwood Hotel & Resorts Worldwide Proposed $1.0B Sr Nts 'BB+'

CHICAGO–(BUSINESS WIRE)–April 8, 2002–Fitch Ratings has assigned a 'BB+' rating to Starwood Hotels & Resorts Worldwide, Inc.'s (NYSE:HOT) proposed $1.0 billion in senior notes issued under Rule 144A. The proposed senior notes will be issued in two tranches, five-year senior notes due 2007 and 10-year senior notes due 2012. The proceeds from the issuance will … Read more

Leadership Synergies And HSMAI Join Forces To Provide Innovative Sales Seminar Series For National Account Managers

WASHINGTON, DC (April 10, 2002) – Sales professionals will find a wealth of training resources dedicated to Strategic Account Management as part of a new joint venture between the Hospitality Sales & Marketing Association International (HSMAI) and sales and leadership performance-improvement company Leadership Synergies, LLC. Throughout 2002, a series of innovative skill development courses will … Read more

Boston Properties Declares Increase in Quarterly Dividend

BOSTON, May 2 /PRNewswire-FirstCall/ — Boston Properties, Inc. (NYSE:BXP), a real estate investment trust, declares a dividend today of $0.61 per share of common stock for the period April 1, 2002 to June 30, 2002, payable on July 30, 2002 to shareholders of record on June 28, 2002. This represents approximately a 5.2% increase over … Read more

Choctaw Resort Development Enterprise Announces Second Quarter Results

CHOCTAW RESERVATION, Miss.–(BUSINESS WIRE)–May 7, 2002–The Choctaw Resort Development Enterprise (CRDE) today announced revenues and results for its second quarter, which ended March 31, 2002. Net revenues for the quarter were $63.1 million compared to $64.1 million for the quarter ended March 31, 2001. The $1.0 million, or 1.6%, decrease in net revenues was primarily … Read more

Starwood To Guarantee Best Rates On Its Branded Websites

WHITE PLAINS, N.Y May 9, 2002 Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today that the company will rollout a new Best Rate Guarantee on its branded websites beginning on June 1, 2002 (www.starwood.com; www.spg.com; www.sheraton.com; www.whotels.com; www.westin.com; www.stregis.com; www.fourpoints.com; www.luxurycollection.com). Starwood's Best Rate Guarantee pledges that if travelers find lower published rates for … Read more

Consumer Travel Poised for a Comeback This Summer

Sixty-Two Percent of Americans Will Take a Vacation; Weekend Trips Grow in Popularity As vacation season kicks into high gear, leisure travel may be poised for a comeback, according to the 2002 American Express Leisure Travel Index. More than half (54%) of survey respondents say they plan to travel at least as much this year … Read more

Lake Tahoe Resort Real Estate Heating Up

OLYMPIC VALLEY, Calif.–(BUSINESS WIRE)–May 16, 2002–As Northern California's residential real estate market continues to heat up, demand for resort real estate is keeping pace. Lake Tahoe, which draws as much as 70% of its visitors from the Bay Area, has seen a particularly strong increase in sales to date, and increasing list prices on vacation … Read more