Marriott Celebrates 75 Years of Hospitality – May 20, 2002

* Bill Marriott Rings Closing Bell at NYSE * Company Reaffirms Second Quarter 2002 EPS Guidance WASHINGTON, May 20 Celebrating the 75th anniversary of Marriott International, Inc. (NYSE:MAR), J.W. Bill Marriott, Jr, Chairman and CEO, will ring the closing bell today at the New York Stock Exchange. Founded by his parents, J. Willard and Alice … Read more

Summer Weekends Now Begin Thursdays at Homewood Suites by Hilton

Suite Homewood Summer(TM) promotion offers weekend rates as low as $69 for stays Thursday through Sunday plus savings with Hickory Farms(R) Thank Goodness It's Thursday! (T.G.I.T.) declares Homewood Suites(R) by Hilton, national brand of residential-style hotels, which is offering affordable extended weekend rates as low as $69(a) per night. It's all part of the Homewood … Read more

Walsh Associates To Manage Renovations At Deerhurst Resort, Hilton Woodcliff Lake

RYE, NY – May 23, 2002 – Walsh Associates, an industry leader in hotel project management and furniture, fixtures and equipment (FF&E) purchasing, has been tapped by New Castle Hotels to manage more than $2 million in renovations at two premier properties managed by the company: Deerhurst Resort in Huntsville, Ontario, and Hilton Woodcliff Lake … Read more

Extended Stay America, Inc. Releases 4th Quarter, 2001 Financial Report

SPARTANBURG, S.C.–(BUSINESS WIRE)–Jan. 21, 2001–Extended Stay America, Inc. (NYSE:ESA), a leading provider of extended stay lodging, today reported the results of its operations for the three months and twelve months ended December 31, 2001. Reflecting the impact on travel resulting from the events of September 11 and the slowing of the US economy, net income … Read more

Starwood Opens First Four Points by Sheraton in Mexico

WHITE PLAINS, N.Y.–(BUSINESS WIRE)–Nov. 9, 2001–Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) is pleased to announce it has granted its first franchise in Mexico for the use of the Four Points by Sheraton name to Auteles Kalionchiz, S.A. de C.V., owners of the Hotel Kalionchiz located in Monclova, Coahuila. As of today, the hotel will … Read more

The Fairmont Works for the City that Works

CHICAGO, IL—Chicago has long been known as ‘the city that works,’ not only politically and figuratively, but literally–it really Works! At a time when every American has come to appreciate the strength and value of the country we all call home, The Fairmont Chicago has devised a program to show its appreciation to guests who … Read more

Boston Properties, Inc. Announces Fourth Quarter 2001 Results

BOSTON, Jan. 22 /PRNewswire-FirstCall/ — Boston Properties, Inc. (NYSE: BXP) today reported results for the fourth quarter ended December 31, 2001. Funds from operations (FFO) for the quarter ended December 31, 2001 were $90.7 million, or $1.00 per share basic and $0.95 per share diluted before an accounting charge related to the application of SFAS … Read more

Hotel Operator Selection Progresses for Miami's Espirito Santo Plaza Hotel

Hotel Operator Selection Progresses for Miami's Espirito Santo Plaza Hotel Jones Lang LaSalle Hotels Advises Owner on Finalizing Selection MIAMI, January 31, 2002 – Jones Lang LaSalle Hotels has been retained by Portuguese concern, Estoril, Inc., to assist in finalizing the hotel operator selection for its Espirito Santo Plaza in Miami. Espirito Santo Plaza will … Read more

FEATURE: Asia Pacific Presents Untapped Opportunity in the fervour of global hotel consolidation

Whilst Asia Pacific's established hotel markets have been swept up in the fervour of hotel consolidation, the region's emerging markets still represent opportunities. Jones Lang LaSalle Hotels quantifies the prolific hotel M&A activity that has dominated the transaction headlines since 1997 in the latest edition of Hotel Topics. Full Report – click here