Budgethotels Network Inc.'s New President Pleased With Company's Progress

POINT ROBERTS, Wash.–(BUSINESS WIRE)–Oct. 17, 2002–Budgethotels Network Inc. (OTCBB:BUDH) recently appointed President and COO, Mr. Lewis Dillman, in commenting on the 3rd quarter results states that he is pleased with the Company's progress. Revenues for the 3rd quarter increased to $210,266 from revenues of $145,415 in the 2nd quarter. Traffic on the Company's primary website, … Read more

Homestead Studio Suites Vows to Beat Any Rate Online by 10 Percent

ATLANTA, Aug. 1 /PRNewswire/ — Homestead Studio Suites Hotels announced today the official launch of the company's Lowest Internet Price Guarantee on its branded Web site (http://www.homesteadhotels.com/ ). The program guarantees the company's branded site offers travelers the lowest nightly rate publicly available on the Internet for all of Homestead's 112 hotels. If a traveler … Read more

WestCoast Hospitality Corporation Announces WestCoast and Red Lion 2001 Financial Results

SPOKANE, Wash., Feb. 14 /PRNewswire-FirstCall/ — WestCoast Hospitality Corporation (NYSE: WEH) today reported fourth quarter and year-end 2001 earnings for WestCoast and Red Lion Hotels and Inns. For the year ended December 31, 2001, pro forma earnings per share reflecting the impact of the Red Lion Hotels and Inns acquisition as if it took place … Read more

Extended Stay America, Inc. Opens Its 28th Illinois Hotel

SPARTANBURG, S.C.–(BUSINESS WIRE)–Feb. 20, 2002–Extended Stay America, Inc. (NYSE: ESA) has opened a three-story Extended StayAmerica Efficiency Studios hotel located at 2000 North Roselle Road, Schaumburg, Illinois. The 128 room hotel is the Company's second property in the Schaumburg area, its 28th property in the state and its 434th property overall. According to Chief Executive … Read more

The Woodlands Resort & Conference Center Enhances And Broadens Meetings, Incentives Experience With New Recreational Dimension

THE WOODLANDS, TX — The Woodlands Resort & Conference Center, long established as one of the most impressive and successful corporate meetings destinations in America, is introducing a whole new dimension in resort recreation to greatly enhance and broaden the meeting and incentive experience. The new features and improvements will dramatically increase The Woodlands' appeal … Read more

Contenders for the Forte Hotel Group Likely to Plan Creative Bids

December 8, 2000 — HVS International — Following last week's closure for indicative bids for the whole or parts of the Granada Compass hotel estate, speculation over possible bids has once again been widespread. In the absence of any definite news and in anticipation of the forthcoming shortlist, rumours have emerged concerning a possible joint … Read more

The St. Regis Resort, Spa and Residences, Fort Lauderdale Breaks Ground Today

WHITE PLAINS, N.Y.–(BUSINESS WIRE)–Jan. 11, 2002– Scheduled to Open in Fall 2003, 197-Room Hotel to Feature 29 Penthouse Residences in Tower and Renowned St. Regis Butler Service Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced that ground has been broken on the site of The St. Regis Resort, Spa and Residences, Fort Lauderdale, Florida, … Read more

The East Coast Has a New Name in Luxury — The Mohegan Sun Hotel

UNCASVILLE, Conn., April 23 /PRNewswire/ — Mohegan Sun unveiled the final element of its $1 billion expansion, the new 34-story, 1,200-room Mohegan Sun Hotel today with a ceremony attended by Connecticut's Governor John Rowland, Mohegan tribal leadership, community and state leaders, Mohegan Sun executives and development partners. The glistening crystalline tower features more than 100,000 … Read more

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 more

The Sands Regent Announces Improved Second-Quarter Results

RENO, Nev., Feb. 7 /PRNewswire/ — The Sands Regent (Nasdaq: SNDS) today announced improved operating results for its second quarter ended December 31, 2000. For the six months ended December 31, 2000, the Company reported a 9% increase in revenues to $18.2 million, versus $17.0 million in the six months ended December 31, 1999. For … Read more