Inn at Beverly Hills Invests in City's Future – Hotel Begins Complete Renovation

BEVERLY HILLS, Calif.–(BUSINESS WIRE)–June 18, 2002–Gemstone Hospitality, the management company for the Inn at Beverly Hills, has announced a series of major investments in its property located just north of Rodeo Drive in the heart of the Beverly Hills shopping and restaurant district. Plans include a multi-million dollar public and private area renovation and the … Read more

First Homewood Suites by Hilton Hotel to Open in the Cleveland Area

CLEVELAND, June 25, 2002 – Homewood Suites* by Hilton, the national brand of upscale all-suite, residential-style hotels, today announced the opening of the 86-suite Homewood Suites by Hilton hotel in Cleveland/Solon, Ohio. The Homewood Suites by Hilton Solon is owned by Solon Hotel II, LLC and managed by Essex Partners, Inc. The newly constructed hotel … Read more

MultiCultural Foodservice & Hospitality Alliance To Host Conference On the Economic Impact of Diversity

PROVIDENCE, R.I.–(BUSINESS WIRE)–July 3, 2002–Executives representing the restaurant, foodservice and hospitality industry will convene in San Diego, CA from August 11 – 13th for the third national MultiCultural Foodservice & Hospitality Alliance (MFHA) Conference on diversity as an effective business strategy. Appropriately named, Diversity Economics: Turning Difference Into Dollars, the conference has gained significant interest … Read more

WestCoast Hospitality Corporation Announces Sale of WHC Building

SPOKANE, Wash., March 8 /PRNewswire-FirstCall/ — WestCoast Hospitality Corporation (NYSE: WEH) today announced that it has entered into an agreement for the sale of an 80.1% interest in the WHC Building, located in Spokane, Washington, for $10.6 million. The purchasers, an investment group, are located in Oregon and California. The Company will retain ownership of … Read more

Hersha Hospitality Trust Announces Year End 2001 Results and First Quarter 2002 Dividend

HARRISBURG, Pa.–(BUSINESS WIRE)–March 13, 2002–Hersha Hospitality Trust (AMEX:HT) owner of nationally franchised full service and limited service hotels, announced that total revenues for the fiscal year ended December 31, 2001 increased by approximately 10.2% to $14.1 million from $12.8 million for the year ended December 31, 2000. The Company also announced that Funds from Operations … Read more

American Skiing Company Reports Fiscal 2002 Second Quarter Results

NEWRY, Maine, March 18 /PRNewswire-FirstCall/ — American Skiing Company today announced results for its second fiscal quarter and six months ended January 27, 2002. The Company reported that aggressive cost control and performance enhancements steps taken as part of its previously announced restructuring program, coupled with additional steps and refocused marketing programs following the events … Read more

Extended Stay America, Inc. Opens New Hotel in Austin, Texas

SPARTANBURG, S.C.–(BUSINESS WIRE)–March 28, 2002–Extended Stay America, Inc. (NYSE: ESA) has opened a four-story Extended StayAmerica Efficiency Studios hotel located at 5100 US Highway 290 West, Austin, Texas. The 117 room hotel is the Company's 5th property in the Austin area, its 40th property in the state and its 438th property overall. According to Chief … Read more

Leadership Synergies And HSMAI Join Forces To Provide Innovative Sales Seminar Series For National Account Managers

WASHINGTON, DC (April 10, 2002) – Sales professionals will find a wealth of training resources dedicated to Strategic Account Management as part of a new joint venture between the Hospitality Sales & Marketing Association International (HSMAI) and sales and leadership performance-improvement company Leadership Synergies, LLC. Throughout 2002, a series of innovative skill development courses will … Read more