WASHINGTON–(BUSINESS WIRE)–Nov. 6, 2000– Completes Agreement to Convert MeriStar Hospitality REIT Leases to Management Contracts MeriStar Hotels & Resorts (NYSE: MMH), the nation's largest independent hotel management company, today announced results for the third quarter ended September 30, 2000. Additionally, the company reported that it had completed an agreement with MeriStar Hospitality (NYSE: MHX), a … Read moreMeriStar Hotels & Resorts Reports Third-quarter Results
NEW YORK, May 12 (Reuters) – Hospitality Properties Trust (NYSE:HPT), a real estate investment trust that owns U.S. hotels, on Monday said it has terminated Wyndham International Inc.'s (AMEX:WBR) occupancy and operations of 12 Wyndham hotels after Wyndham failed to pay rent due under certain leases.
Worldwide Restaurant Concepts, Inc. (NYSE: SZ) announced that it has entered into a joint venture agreement with the Minor Food Group Pcl, a subsidiary of Royal Garden Resorts Pcl, to develop franchise opportunities for Sizzler restaurants in China.
ATLANTA, Aug. 21 /PRNewswire/ — Homestead Studio Suites Hotels, owner of more than 100 extended-stay hotels in 28 states, today announced the acquisition of the Dallas North Hawthorn Suites from an independent owner. Terms of the acquisition were undisclosed. The 112-room all-suite hotel is Homestead's first conversion since the company's inception in 1992. The development … Read moreHomestead Studio Suites Acquires Dallas Hawthorn Suites; Brand Looking for Additional Conversion Opportunities
WHITE PLAINS, N.Y.–(BUSINESS WIRE)–July 30, 2002–Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that it has signed an exclusive letter of intent to sell its assets in Sardinia, Italy to a consortium of Italian investors for EUR 350 million, subject to regulatory approvals and final adjustments. The transaction is scheduled to close during … Read moreStarwood Announces Sale of Certain CIGA Assets
PARSIPPANY, N.J. (May 29, 2002) – Days Inn hotels next month will launch a summer promotion offering guests 25 percent savings on room rates, a sweepstakes with a $10,000 cash prize and discounts on airline tickets, car rentals and restaurants. To enter the sweepstakes, guests who stay at participating Days Inn® hotels throughout the United … Read moreDays Inn Summer Trivia Contest Winner to Receive $10,000
The purpose of the hotel franchise fees guide, Part II, is to provide a detailed analysis of what types of miscellaneous costs are associated with the various hotel franchise companies, states Rushmore.
NEW YORK and HONOLULU, Aug. 23 /PRNewswire/ — Cendant Corporation (NYSE: CD) and Cheap Tickets, Inc. (Nasdaq: CTIX) announced that Diamondhead Acquisition Corporation, a wholly owned subsidiary of Cendant, is commencing today a cash tender offer for all of the outstanding shares of common stock of Cheap Tickets at a price of $16.50 per share. … Read moreCendant Corporation Commences Tender Offer For All of the Outstanding Shares of Cheap Tickets, Inc. Common Stock at $16.50 Per Share
The prestigious British Travel Weekly magazine has chosen Sol Meliá as the Best European Hotel Chain ahead of other major international hotel groups including Hilton, Sheraton and Holiday Inn. The award was presented at a ceremony held in London and attended by many of the leading figures in British tourism. The decision on the award … Read moreSol Meliá Chosen As Best European Hotel Chain By The Prestigious British Travel Weekly Magazine
PORTSMOUTH, N.H.–(BUSINESS WIRE)–Nov. 8, 2000– Availability of live e-Learning via Virtual Classroom a major factor in selecting Newmarket's thin-client enterprise solution for its properties across the Pacific Newmarket International, Inc. announced today that Honolulu-based Outrigger Hotels & Resorts is automating its 24 properties with Delphi Multi-Property Edition (Delphi MPE), Newmarket's thin-client enterprise application for multiple … Read moreOutrigger Hotels & Resort to Automate 24 Properties with Newmarket's Delphi Multi-Property Edition