Booth Creek Ski Holdings, Inc. Reports First-Quarter Financial Results for Fiscal 2002

VAIL, Colo.–(BUSINESS WIRE)–March 18, 2002–Booth Creek Ski Holdings, Inc. (Booth Creek or the Company) announced today results for the fiscal quarter ended Feb. 1, 2002. Total revenues were $60,144,000 for the quarter ended Feb. 1, 2002, compared with $48,963,000 for the quarter ended Jan. 26, 2001. Resort operations revenues were $56,844,000, compared with $48,963,000 in … Read more

WestCoast Hospitality Corporation Closes on Sale of WHC Building

SPOKANE, Wash., March 28 /PRNewswire-FirstCall/ — WestCoast Hospitality Corporation (NYSE:WEH) today announced that it has completed the sale of an 80.1% interest in the WHC Building, located in Spokane, Washington, for $10.6 million. As previously announced, the Company is retaining ownership of the remaining 19.9% interest and will continue management and leasing services for the … Read more

Small Luxury Hotels Of The World Brings Home The Gold As 36 Members Are Recognized On Condé Nast Traveler's 2002 Gold List

LONDON, March 2002 – Small Luxury Hotels of the World's (SLH), a global consortium of more than 270 of the finest hotels and resorts in the world, has the distinction of having 36 of its members recognized by Conde Nast Traveler's most prestigious category: the 2002 Gold List as determined by 29,000 readers of the … 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

Hotel Insurance Costs – What has happened since 2000? By Nikos Hadjos

Since the September 11, 2001 attacks, insurance has been one of the most talked-about topics within the hard-hit hotel industry. Overall, insurance costs have been drastically increasing during the last three years. In the midst of all this, hoteliers are faced with the challenge of securing and affording adequate insurance coverage within the guidelines of their loan documents.