Choice, Chevron, Tharaldson Form Energy Alliance To Reduce Costs, Consumption For Hotels

SILVER SPRING, Md., Oct. 26 /PRNewswire/ — Choice Hotels International (NYSE: CHH), one of the world's largest lodging franchisers, has formed an alliance with Chevron Energy Solutions(CES) and Tharaldson Energy Group to help Choice franchisees across the US to lower energy costs and reduce energy consumption. Chevron Energy Solutions, a nationwide provider of energy management … Read more

Local Utilities and Labor Union Assist Hotel and Restaurant Workers In the Nation's Capital in the Aftermath of 9-11

WASHINGTON, Jan. 25 /PRNewswire/ — Utility companies in metropolitan Washington, D.C., today joined forces with the Hotel Employees and Restaurant Employees Local 25, AFL-CIO, to assist hotel and restaurant workers in the District and Maryland who have been laid off since the September 11 terrorist attacks. Volunteers from the union and the utility companies participated … Read more

Crestline Reports Fourth Quarter and Full Year 2001 Results

BETHESDA, MD, February 26, 2002 – Crestline Capital Corporation (NYSE:CLJ) reported fourth quarter 2001 Earnings before Interest Expense, Taxes, Depreciation and Amortization and other non-cash items (EBITDA) of $20.4 million, a 54 percent decrease from 2000 EBITDA of $44.8 million. Full year 2001 EBITDA was $84.0 million, a 38 percent decrease from 2000 EBITDA of … Read more

Local Investors Continue to Dominate Australian Tourist Accommodation Ownership

Sydney, February 6, 2002 — According to the results of Jones Lang LaSalle Hotels’ annual Top Owner survey, Australian hotel investors and owner/operators continue to dominate the ownership of tourist accommodation in Australia. The results of the survey, which spans 137 major owners, 395 establishments and over 69,200 rooms across Australia, show that 55% of … Read more

GLOBAL HOTEL NETWORK (SM) REPORT: The State of the Latin America Hospitality Industry

GLOBAL HOTEL NETWORK (SM) REPORT: The State of the Latin America Hospitality Industry This week's GLOBAL HOTEL NETWORK (SM) REPORT takes a look at The State of the Latin America Hospitality Industry.  Guillermo Rocha, Regional Director for Latin American Affairs, International Hotel & Restaurant Association (Miami, Florida), reports Full Report – click here

Equity Inns Announces Completion of Debt Refinancing

GERMANTOWN, Tenn.–(BUSINESS WIRE)–Nov. 13, 2000–Equity Inns, Inc. (NYSE:ENN), a real estate investment trust (REIT) focused on the upscale extended stay, all-suite and midscale limited-service segments of the hotel industry, today announced that it had completed three separate long-term debt financings totaling $108.8 million and reduced its present line of credit to $125 million. Proceeds from … Read more

Radisson SAS Extends its Global Presence

November 14, 2000 — HVS International — Radisson SAS Hotels and Resorts celebrates the opening of a number of new hotels across the globe. The 265-bedroom Ronneby Brunn Hotel in Sweden, owned by Norway's Norlandia A/S, has been renamed the Radisson SAS Ronneby Brunn Hotel. The hotel is one of Scandinavia's largest conference and business … Read more

MICROS Selected As Preferred Hospitality Software Vendor For The Leading Hotels Of The World, Ltd.

Columbia, MD—October 8, 2002—MICROS Systems, Inc. (NASDAQ:MCRS), a leading provider of information technology solutions for the hospitality industry, has been selected as Preferred Vendor by The Leading Hotels of the World, Ltd., the world’s premiere luxury hotel brand. As a preferred vendor, MICROS’s technology solutions have been recommended by The Leading Hotels of the World … Read more