Rating Agencies Affirm Cendant's Long-Term Ratings

NEW YORK, Feb. 27 Cendant Corporation (NYSE: CD) today announced that Fitch, Moody's, and Standard & Poor's, have affirmed Cendant's senior unsecured ratings of BBB plus, Baa1, and BBB, respectively, and have taken the Company off credit watch. These ratings had been placed on credit watch following the events of September 11th. Cendant's Chief Financial … Read more Rating Agencies Affirm Cendant's Long-Term Ratings

Vacation Property Owners Lose Billions After 911 Terrorist Attacks, Reports Author Christopher Cain

ORLANDO, Fla. – Feb 1, 2002 — The airlines and the rest of the travel industry have lost billions of dollars due to 911 terrorist attacks. Less publicized are the more than 6 million American vacation property owners who (as a group) also lost billions in rental income, reports Christopher Cain, author of Road Map … Read more Vacation Property Owners Lose Billions After 911 Terrorist Attacks, Reports Author Christopher Cain

Marriott and Reynolds & Reynolds Win SAMA Award for Best Practices in Strategic Customer Management

CHICAGO, April 28 /PRNewswire/ — The 2002 Strategic Account Management Association (SAMA) Performance Award(TM) winners were announced this morning in Orlando during the organization's annual conference. With over 2,200 members, SAMA is an international non-profit organization that focuses on the professional development of executives charged with managing strategic customer relationships. Reynolds & Reynolds won the … Read more Marriott and Reynolds & Reynolds Win SAMA Award for Best Practices in Strategic Customer Management

Strategic Hotel Capital Launches Hotel Industry First, The Virtual Concierge

SANTA CLARA, Calif.–(BUSINESS WIRE)–Nov. 14, 2000–Strategic Hotel Capital, the Chicago-based owner of the five-star Westin Santa Clara, has introduced a technological first to the hotel industry – the Virtual Concierge. Proving that necessity is the mother of invention, Strategic Hotel Capital and management at the 505-room hotel introduced the virtual concierge –virtual communication through video … Read more Strategic Hotel Capital Launches Hotel Industry First, The Virtual Concierge

Wyndham Eliminates Remaining 2002 Debt Maturities

DALLAS (Sept. 3, 2002) – Wyndham International, Inc (NYSE:WYN) today announced that it has successfully concluded the refinancing of certain of its debt, thereby eliminating all significant maturities during 2002. As previously announced, the Company had approximately $287 million in debt with maturities coming due in 2002. Those maturities had been reduced to approximately $23 … Read more Wyndham Eliminates Remaining 2002 Debt Maturities

Host Marriott Reports Second Quarter 2002 Funds From Operations of $.36 Per Diluted Share, Exceeding Expectations by $.01

BETHESDA, Md., July 17 /PRNewswire-FirstCall/ — Host Marriott Corporation (NYSE:HMT), the nation's largest hotel real estate investment trust (REIT), today announced results of operations for the second quarter and twenty-four weeks ended June 14, 2002. Operating results for the travel and leisure industry continue to strengthen from levels in the fourth quarter of 2001, particularly … Read more Host Marriott Reports Second Quarter 2002 Funds From Operations of $.36 Per Diluted Share, Exceeding Expectations by $.01

Disney Area Resort Applauds Spirit Airlines; Matches Sept. 11 Offer With Free Suites

ORLANDO, Fla Aug. 7, 2002 In the spirit of the Sept. 11 free travel offer announced Tuesday by Spirit Airlines, a Walt Disney World area hotel, the Holiday Inn Family Suites Resort, said today it would match the plan by giving away hundreds of free suites that night, and challenged Travel Industry of America (TIA) … Read more Disney Area Resort Applauds Spirit Airlines; Matches Sept. 11 Offer With Free Suites

Littlefield Corporation Announces Littlefield Hospitality Profitable in May

AUSTIN, Texas–(BUSINESS WIRE)–June 18, 2002–Littlefield Corporation (Nasdaq:LTFD) (www.littlefield.com) announces that Littlefield Hospitality was profitable in May and anticipates that it will also be profitable in June. Jeffrey L Minch, the president of Littlefield Corporation, offered the following: Littlefield Hospitality was profitable and contributed to the Company's cash flow in a positive manner in May. We … Read more Littlefield Corporation Announces Littlefield Hospitality Profitable in May

Six Continents Hotels Names Prince-Bush-Smith Investments 2001 Franchisee of The Year

Franchisee’s Holiday Inn Historic District Hotel in Charleston, S.C., Awarded General Manager of the Year and Maintenance Engineer of the Year Honors for 2001 ATLANTA (March 14, 2002) – Six ContinentsSM Hotels, Inc. (www.sixcontinentshotels.com), the world’s leading hotel group, announced at its Global Business Summit held in Dallas, TX, recently that Prince-Bush-Smith Investments of Winter … Read more Six Continents Hotels Names Prince-Bush-Smith Investments 2001 Franchisee of The Year