WHITE PLAINS, N.Y.–(BUSINESS WIRE)–May 28, 2002–Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today that it repurchased for cash all of its Series A Zero Coupon Convertible Senior Notes Due 2021 (the Notes) in accordance with the terms of the indenture governing the Notes. Each Note was purchased at its accreted value of $827.35 per … Read more
WASHINGTON, D.C., June 5, 2002–MeriStar Hotels & Resorts (NYSE: MMH), the nations largest independent hotel management company, today announced that it has promoted Peter J. Regan to vice president, sales, of the companys Doral division. In his new position, Regan will be responsible for driving group and conference center business on a national basis for … Read more
Sydney, July 3, 2002 Jones Lang LaSalle Hotels announced today the transfer of Troy Craig, Senior Vice President from Singapore to lead the firms Australasian Valuation and Advisory services, based in Sydney. At the same time Mr Max Cooper, Senior Vice President, has been promoted to oversee the firms Special Projects in the Asia … Read more
NEW YORK–(BUSINESS WIRE FEATURES)–August 2, 2000–Growth in consumer-directed online travel-related sales is accelerating at a rapid pace, presently making up 33.5% of all online consumer revenues in the US, according to a new report issued by eMarketer (www.emarketer.com), the world's leading provider of internet statistics. Fueled by the increasing desire to shop at any time … Read more
(Denver, CO; Chicago, IL): Lodging industry deal veteran, Scott Stephens, has joined Denverbased HREC Investment Advisors, a national hotel industry brokerage and investment banking firm. Mr. Stephens will be the Principal in charge of the new Tampa, Florida office.
Emmanuel Marion has been named Vice President of Finance & Administration – Greater China. His new position is based in Shanghai with a special emphasis on hotel operations in China.
SAN JUAN, P.R. (Oct. 16, 2002) – – Willem Plegt has been appointed General Manager of the luxury oceanfront InterContinental San Juan Resort & Casino, effective immediately. Prior to this appointment Plegt was General Manager of the Crowne Plaza London, UK, and before that General Manager of the multi award-winning Amstel InterContinental Amsterdam in The … Read more
MCLEAN, VA (Sept. 6, 2002) With technology convergence one of the hottest, most influential topics facing the hospitality and travel industry today, a panel of three company CEOs and presidents will address the issue in-depth when the Hospitality Sales & Marketing Association International presents its upcoming Executive THINK (Travel & Hospitality Innovation, Network, Knowledge) … Read more
MIAMI BEACH, Fla.–(BUSINESS WIRE)–July 17, 2002–Executive Chef Roger Ruch of Island Outpost's The Tides hotel has been promoted to Corporate Executive Chef of the company, following a recent merger with Acacia Hotels & Resorts. Chef Ruch, acclaimed for his \'Progressive American' cuisine at the elegant 1220 at The Tides restaurant will assume the role immediately. … Read more
LAS VEGAS, Aug. 9 /PRNewswire-FirstCall/ — MGM MIRAGE (NYSE:MGG) today announced that it has secured the services of several of its senior executives through at least mid-2006. With the support of our board of directors, the Compensation and Stock Option Committee embarked on a program to realize the benefits of continuity and stability from our … Read more