PMC Commercial Trust Announces Fourth Quarter and Year End Results

DALLAS, March 7 /PRNewswire-FirstCall/ — PMC Commercial Trust (Amex: PCC) announced fourth quarter and year-end results today. For the year ended December 31, 2001, net income increased by 22% to $11,435,000, or $1.78 per share, from $9,365,000, or $1.44 per share for the year ended December 31, 2000. Net income for the year ended December … Read more

INSIGNIA/ESG HOTEL PARTNERS ARRANGES SALE OF DISTRICT HOTEL

Washington, DC ¡V July 6, 2001 ¡V Insignia/ESG Hotel Partners is pleased to announce the sale of the Residence Inn by Marriottƒ{Washington, DC Thomas Circle at 1199 Vermont Avenue, NW. Vermont Company, LLC sold the 202-suite, extended-stay hotel to JWM Family Enterprises. Marc Magazine and Peter Greene of Insignia/ESG Hotel Partners represented the seller, Vermont … Read more

Littlefield Hospitality Announces the Allan House as a Preferred Venue

AUSTIN, Texas–(BUSINESS WIRE)–Jan. 11, 2002–Littlefield Corporation (Nasdaq:LTFD) (www.littlefield.com) announces that its hospitality division, Littlefield Hospitality, has signed the historic Allan House as a preferred venue. Built in 1883, the historic Allan House, located in the heart of downtown Austin, offers the clients of Littlefield Hospitality a unique event experience. With high ceilings, original hart pine … Read more

Hilton Garden Inn Hotels Offer Travel Agents an Incentive to Book Travel for Themselves: 50% Off Best Available Hotel Rates During 2002

BEVERLY HILLS, Calif.–(BUSINESS WIRE)–Feb. 4, 2002–After planning business and leisure guest itineraries all day long, isn't it about time that travel agents get away from the day-to-day and travel too? Through December 30, 2002, participating Hilton Garden Inn hotels are offering a 50% discount off their best available rates for the day to travel agents … Read more

Bass Hotels & Resorts Unveils Aggressive US$70m Plan to Expand Inter-Continental Brand in Asia-Pacific

SINGAPORE, Dec. 12 /PRNewswire/ — Bass Hotels & Resorts announced today that it will make a bold move to expand and enhance its Inter-Continental hotel brand portfolio in Asia-Pacific. The company will invest more than US$70 million to establish or refurbish 14 new hotels in five markets over the next two years, including China, India, … Read more

New Organization Formed for Hotel Management

The Hoteliers International Los Angeles, a new organization for active hotel general managers and directors of sales and marketing professionals, will meet on May 1 at Century Plaza Hotel and Spa. Century City, Los Angeles. The Luncheon meeting will start at 11:30 AM and end at 2PM. Caroline Beteta, Deputy Secretary for Tourism for the … Read more

ASIA-PACIFIC TRAVEL SECTOR FIGHTS BACK

HONG KONG – In the wake of all the world troubles of the past few weeks, the hard-hit travel industry is starting to fight back. In the Asia-Pacific region, a small number of hotel and airline specials and bonus miles offers are starting to emerge, to tempt business travellers and others back into the sector. … Read more

Asian Market is Thought Not to Affect Movenpick's Profits

December 21, 2000 — HVS International — Movenpick, the Swiss-based hotel and catering group, expects operating profit to increase sharply in 2000 despite start-up problems with its ice-cream business in Japan. The statement was made following a newspaper report which quoted the group's Chief Executive, Bruno Schoepfer, as stating a Euro 10 million loss is … Read more

ROBERT MCPHERRIN APPOINTED REGIONAL DIRECTOR OF SALES AND MARKETING, NORTHEAST, INTER-CONTINENTAL AND CROWNE PLAZA HOTELS & RESORTS

New York, NY (December 17, 2001) – Robert McPherrin has recently been appointed Regional Director of Sales and Marketing for nine Inter-Continental and Crowne Plaza hotels in the company's North East region. Prior to this appointment, McPherrin was the Executive Director of Hotel Marketing for Treasure Island at the Mirage in Las Vegas where he … Read more