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
London, UK – October 2000 – Leading airport operator, TBI plc – whose interests range from UK airports such as Luton, Cardiff and Belfast to overseas airports including Costa Rica, Orlando, FL, and Stockholm – has appointed Insignia Hotel Partners as Asset Manager and Owners Representative of the Hilton Cardiff Hotel, which opened last year. … Read more
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
FORT LAUDERDALE, Fla. — (BUSINESS WIRE) — Nov. 9, 2000 — Extended Stay America, Inc. (NYSE:ESA) has opened a four-story Extended StayAmerica Efficiency Studios brand hotel at 1350 Marina Village Parkway. The 121-room hotel is the Company's third property in the Oakland area, its 37th hotel in the state and its 385th property overall. According … Read more
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.
MGM MIRAGE (NYSE:MGG) announced today that it has completed the previously announced sale of the Golden Nugget Las Vegas and Golden Nugget Laughlin to Las Vegas-based private investment firm Poster Financial Group, Inc. for approximately $215 million.
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.
Hotel to Undergo Multi-Million Dollar Renovation RICHMOND, Va., August 20, 2002 The Procaccianti Group, a New England-based full-service hotel ownership, management and construction company, today announced that it has acquired the 401-room Richmond Marriott, which contains 30,000 square feet of meeting space, in Virginia from MB/MH Associates I, LP for an undisclosed amount. It is … Read more
FAIRFIELD, N.J., Sept. 11 /PRNewswire-FirstCall/ — Prime Hospitality Corp. (NYSE:PDQ) announced today that it has completed the sale of its Chicago/Vernon Hills AmeriSuites hotel to FCLC Vernon Hills, LLC. The hotel will continue to be operated as an AmeriSuites under a 20-year franchise agreement. Prime Hospitality will also continue to manage the hotel. The 128-suite … Read more
HONOLULU & ORLANDO, Fla.–(BUSINESS WIRE)–July 30, 2002– Fairfield Resorts, the world's largest vacation ownership company with more than 450,000 owners, today announced that it has acquired Kona Hawaiian Village, an RCI Gold Crown Resort, from Kona Hawaiian Vacation Ownership, LLC (KHVO), a Hawaii-based timeshare developer. Terms of the acquisition were not disclosed. The 33-acre development … Read more