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

Felcor’s Second Quarter 2002 Funds From Operations $0.69 Per Share

IRVING, Texas…July 31, 2002 – FelCor Lodging Trust Incorporated (NYSE: FCH), one of the nation’s largest hotel real estate investment trusts (REITs), today reported operating results for the second quarter ended June 30, 2002. FelCor’s second quarter 2002 recurring Funds From Operations (“FFO”) was $45.7 million, or $0.69 per share, which exceeded consensus analyst estimates … Read more

Vail Resorts Announces Fiscal 2002 Third Quarter and Nine Month Results

VAIL, Colo., June 6 /PRNewswire-FirstCall/ — Vail Resorts, Inc. (NYSE:MTN) today announced financial results for the third quarter of fiscal 2002, ending April 30, 2002. The Company also announced that it will no longer separately report its technology activities as a unique segment. Technology activity will be included in Resort EBITDA, both currently and for … Read more

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

Hospitality Properties Trust Announces Increased Quarterly Common Dividend

NEWTON, Mass.–(BUSINESS WIRE)–July 1, 2002–Hospitality Properties Trust (NYSE: HPT) today announced a regular quarterly dividend of $0.72 per common share ($2.88 per share per year). This dividend is based upon the operating results for the quarter ended June 30, 2002. This regular quarterly dividend will be paid to common shareholders of record as of the … Read more

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

Robert M. Cornell Promoted To Managing Director Of Preferred Hotels & Resorts Worldwide

CHICAGO, Illinois, March 27, 2002 — Robert M. Cornell has been promoted to Managing Director for Preferred HotelsÒ & Resorts Worldwide, it was announced today by Peter Cass, President and CEO of Preferred Hotels & Resorts Worldwide and IndeCorp Corporation. This promotion will take effect April 1, 2002. Having served as Preferred’s interim Managing Director … Read more

Six Continents Hotels Appoints Isaac Collazo As Vice President, Operations Strategy & Planning

ATLANTA (April 22, 2002) – Six Continents Hotels, Inc. (www.sixcontinentshotels.com), the world’s leading hotel group, has named Isaac J. Collazo as its new vice president of operations strategy and planning. Collazo’s hiring continues a string of key additions to Six Continents Hotels’ management team as the global hotel group works to continually strengthen top-line performance. … Read more