Hotels are Reaching their “Drive-In” Markets through FDM

Seeing a strategic opportunity to acquire room nights from travelers who are planning their summer vacations, these are just a few of the hotels that have recently joined Frequent Driver Miles. They will have an edge over their competitors who are trying to reach those that will repeat the evolutionary practice of “loading up the … Read more

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

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

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

FelCor Announces Fourth Quarter and Year End Earnings Release Date And Conference Call

IRVING, Texas, Jan. 10 /PRNewswire-FirstCall/ — FelCor Lodging Trust Incorporated (NYSE: FCH), one of the nation's largest hotel real estate investment trusts (REITs), today announced that it will release the Company's fourth quarter and year end 2001 financial results after the close of the market on Wednesday, February 6, 2002, to be followed by a … Read more

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

Cendant Executive to Speak at Travel Conference

ROCKVILLE, Md., Aug. 22 /PRNewswire/ — The strategist behind the recent Cendant Corp. travel purchases, including Galileo International and Cheap Tickets, will explain his company's moves at an upcoming travel industry conference in Philadelphia. Samuel L. Katz, senior executive VP and chief strategic officer of Cendant, will speak at New Frontiers in Travel Distribution on … Read more

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

Cendant Increases Earnings Projections for 2001 and 2002

NEW YORK, Nov. 15 /PRNewswire/ — Cendant Corporation (NYSE: CD) today updated its previously announced outlook for 2001 and 2002 adjusted earnings per share. At the present time the Company believes that, based on current trends in its businesses, fourth quarter 2001 projected EPS of $0.20 will exceed the high end of the previously announced … Read more