Fairfield Resorts Acquires Kona Hawaiian Village; Company's First Ever Hawaii Resort Compliments New Alliance With Outrigger Hotels

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

Cendant Hotel Brands Introduce Quote Service for Tour Operators

PARSIPPANY, N.J. (May 28, 2002) – Cendant Corporation’s hotel group has introduced a quick quote service that allows tour operators to access net rates via the Internet for groups of 10 or more at 6,622 open hotels under the Super 8®, Days Inn®, Ramada®, Travelodge®, Howard Johnson®, Knights Inn®, Villager, Wingate Inn® and AmeriHost Inn® … Read more

Days Inn Summer Trivia Contest Winner to Receive $10,000

PARSIPPANY, N.J. (May 29, 2002) – Days Inn hotels next month will launch a summer promotion offering guests 25 percent savings on room rates, a sweepstakes with a $10,000 cash prize and discounts on airline tickets, car rentals and restaurants. To enter the sweepstakes, guests who stay at participating Days Inn® hotels throughout the United … Read more

Winston Hotels Purchase Second Property in Joint Venture with Concord Hospitality

RALEIGH, N.C.–(BUSINESS WIRE)–July 1, 2002–Winston Hotels, Inc. (NYSE: WXH), a real estate investment trust (REIT) that owns premium limited-service, upscale extended-stay and full-service hotels, today announced the purchase of a vacant building located in an upscale suburb of Cleveland, Ohio known as Beachwood, for $3.05 million through a 50-50 joint venture with Cleveland-based Concord Hospitality … Read more

Cendant Corporation Extends Exchange Offer

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

TAHL Makes Strategic Expansion Into Northern Territory

Tourism opportunities see TAHL add two hotels in key NT regional centres 26 October 2000: Australia's largest hotel owning company, Tourism Asset Holdings Limited (TAHL), has acquired two hotels in the key Northern Territory centres of Alice Springs and Katherine. They are TAHL's first hotels in the Northern Territory and will expand the company's network … Read more

Bluegreen Enters Into $90 Million Timeshare Receivables Purchase Facility

BOCA RATON, Fla.–(BUSINESS WIRE)–Oct. 30, 2000 – Closes $30.1 Million Initial Purchase Under New Facility Bluegreen Corporation (NYSE: BXG), a leading U.S. developer and marketer of timeshare resorts, golf communities and residential land, today announced that it has entered into a 364-day, $90 million timeshare receivables purchase facility with Heller Financial, Inc. (NYSE: HF) (Heller) … Read more

Cendant Real Estate Division Posts Record 44 Percent Increase In Third Quarter Franchise Sales

PARSIPPANY, N.J., Oct. 31 /PRNewswire/ — The Real Estate Division of Cendant Corporation (NYSE: CD) today announced that it posted a record 44 percent increase in franchise sales in the third quarter at its residential and commercial real estate brands, CENTURY 21(R), COLDWELL BANKER(R) and ERA(R). These newly affiliated, independently owned and operated brokerages are … Read more