Leisure Canada Inc. announces C$7,500,000 private placement

Leisure Canada Inc. announces C$7,500,000 private placement Shares issued & Outstanding: 33,884,007 Trading Symbol: TSX Venture Exchange: LCN Cusip No.:52491104 VANCOUVER, June 24 /PRNewswire-FirstCall/ — Leisure Canada Inc., a leading developer of luxury resorts in Cuba, is pleased to announce it has reached an agreement with International Capital Inc. (ICI) for the private placement of … Read more

Aston Hotels Open In Niagara Falls And Vancouver

Toronto ON, (March 12, 2002) – AFM Hospitality Corporation, Canada’s largest multi-brand lodging franchisor today announced that two new ASTON properties have opened in Niagara Falls, Ontario; and at Stanley Park in Vancouver, British Columbia. Part of an aggressive development strategy, the hotels are now open and ready in time for the spring/summer travel season. … Read more

Most Job Seekers in New York Area Have Not Participated in Workplace Diversity Programs

NEW YORK–(BUSINESS WIRE)–March 19, 2002–Most job seekers in the greater New York metropolitan area have not participated in workplace diversity programs, according to recent research findings from The New York Times Job Market, the print and online recruitment services offering of The New York Times advertising department. Only 21% of New York area job seekers … Read more

Prime Hospitality Corp. Reports Fourth Quarter Results

FAIRFIELD, N.J., Feb. 7 /PRNewswire-FirstCall/ — Prime Hospitality Corp. (NYSE: PDQ), a leading hotel owner, operator and franchisor, reported its results for the fourth quarter and year ended December 31, 2001. Net income before asset transactions and other charges for the fourth quarter was approximately $760,000, or $.02 per share, compared to $12.0 million, or … Read more

John Q. Hammons Hotels, Inc. Exceeds Industry RevPAR for Fourth Quar

SPRINGFIELD, Mo.–(BUSINESS WIRE)–Feb.13, 2002–John Q. Hammons Hotels, Inc. (AMEX:JQH) today reported on its full-year and fourth-quarter 2001 results. Full-Year Results Total revenue was $436.7 million for the 2001 year, up slightly compared to the 2000 year total revenue of $436.6 million. Total earnings before interest expense, taxes, depreciation, and amortization (EBITDA) were $121.3 million for … Read more

Best Western International Plans to Add More Than 300 Hotels by End of 2002

Feb. 21, 2002–Best Western, The World's Largest Hotel Chain(TM), has developed aggressive expansion initiatives for the 2002 fiscal year. The company's development team is focusing on key international gateways and 35 North American cities that are underserved by Best Western. In total, the hotel chain plans to add more than 300 hotels around the globe. … Read more

Buckhead America Expects Substantial 2001 Loss – Directors Expand Asset Sales Program

ATLANTA, March 1 /PRNewswire-FirstCall/ — Buckhead America Corporation (Nasdaq: BUCK), a hospitality services company, said it expects to report a substantial loss for 2001 and that its board of directors voted to expand the company's asset sales program. At Sept. 30, 2001, the company reported assets of $43.3 million and liabilities of $31.3 million. The … Read more