Europe’s Largest Hotel Deal in 2001 – Hotel Arts Barcelona Sold

London, 20th December 2001 — The Hotel Arts complex in Barcelona has been sold, representing Europe’s largest single-asset hotel transaction in 2001. London-based Deutsche Bank AG’s Real Estate Private Equity group, together with Patron Capital Partners and a number of undisclosed co-investors have acquired the Hotel Arts complex from a Dutch-based holding company. The complex … Read moreEurope’s Largest Hotel Deal in 2001 – Hotel Arts Barcelona Sold

Mandalay Resort Group's Online Room Reservations Soar 25%

LAS VEGAS–(BUSINESS WIRE)–Sept. 4, 2002–Mandalay Resort Group (NYSE:MBG), a leading owner and operator of world-class entertainment destinations, said room reservations made directly over its Web sites grew by more than 25% in the first half of fiscal year 2003. A review of e-commerce at Mandalay Resort Group — identified last year by Internet Week as … Read moreMandalay Resort Group's Online Room Reservations Soar 25%

Hilton La Jolla Torrey Pines Celebrates 10 Consecutive Years of Mobil Four-Star Award Excellence

LA JOLLA, Calif Feb. 19, 2002–The Hilton La Jolla Torrey Pines in Southern California is proud to announce that they have received the prestigious Mobil Four-Star Award for the 10th consecutive year. The Four-Star rating will be indicated with the Hilton La Jolla Torrey Pines' listing in the 2002 Mobil Travel Guide — a series … Read moreHilton La Jolla Torrey Pines Celebrates 10 Consecutive Years of Mobil Four-Star Award Excellence

Choice Launches Trip Miles Promotion Today

Today Choice launched its triple airline miles promotion where members of American Airlines AAdvantage, Delta SkyMiles, Northwest Airlines WorldPerks and US Airways Dividend Miles will receive triple miles when staying at any Choice brand hotel in the United States and the Caribbean. Throughout the promotion, which ends April 30, guests at Comfort Inn, Comfort Suites, … Read moreChoice Launches Trip Miles Promotion Today

Lodgian Responds to Edgecliff's December 10th Proposal, Prepared to Negotiate a Definitive Agreement

ATLANTA, Dec. 15 /PRNewswire/ — Lodgian, Inc. (NYSE: LOD) reported that its Board of Directors met today to consider Edgecliff Holding's offer to acquire all outstanding shares of the Company for $4.75, subject to certain terms and conditions. Today's letter, from Chairman Joseph C. Calabro, is as follows: Dear Mr. Yung: Our board of directors … Read moreLodgian Responds to Edgecliff's December 10th Proposal, Prepared to Negotiate a Definitive Agreement

John Q. Hammons Hotels, L.P. Announces Cash Tender Offer for First Mortgage Notes

SPRINGFIELD, Mo.–(BUSINESS WIRE)–April 22, 2002–John Q. Hammons Hotels, L.P. today announced its cash tender offers to purchase its outstanding 8-7/8% First Mortgage Notes due 2004 and 9-3/4% First Mortgage Notes due 2005. The Company is also soliciting waivers of the indentures and collateral documents governing the Notes to permit a proposed refinancing. The tender offer … Read moreJohn Q. Hammons Hotels, L.P. Announces Cash Tender Offer for First Mortgage Notes

Mandalay Resort Group Websites Honored With Three Awards; WebAwards Cite Superior Customer Experience At Resort/Casino Sites

The websites of three Mandalay Resort Group (NYSE:MBG) entertainment destinations — Circus Circus and Luxor in Las Vegas and Gold Strike in Tunica, Miss. — have been honored for their creative innovation, efficiency and ease of use by the Web Marketing Association in the Hotel and Lodging Category. The sixth annual WebAwards were presented during … Read moreMandalay Resort Group Websites Honored With Three Awards; WebAwards Cite Superior Customer Experience At Resort/Casino Sites

WestCoast Hospitality Corporation Integrates National Sales Strategy

SPOKANE, Wash., Feb. 12 /PRNewswire-FirstCall/ — WestCoast Hospitality Corporation (NYSE: WEH) today introduced a national sales strategy that integrates sales forces from WestCoast Hotels and Red Lion Hotels and Inns. The combined national sales force is responsible for supporting the sales and marketing efforts of the hotels through a variety of functions. National Directors of … Read moreWestCoast Hospitality Corporation Integrates National Sales Strategy

WestCoast Hospitality Corporation Announces Executive Positions

SPOKANE, Wash, Feb. 6 /PRNewswire-FirstCall/ — WestCoast Hospitality Corporation (NYSE: WEH) today announced three new executive positions. We are putting in place an executive team that is very deep, with a history of success in the hospitality industry, and who will lead our hotel division's growth into many new markets in the upcoming quarters and … Read moreWestCoast Hospitality Corporation Announces Executive Positions