HPT Announces 2002 First Quarter Operating Results

NEWTON, Mass.–(BUSINESS WIRE)–May 6, 2002–Hospitality Properties Trust (NYSE: HPT) today announced its results of operations for the quarter ended March 31, 2002, as follows: (amounts in thousands, except per share amounts) Quarter Ended March 31, 2002 2001 Net income $33,331 $30,088 Net income available for common shareholders $31,550 $28,307 Funds from operations (FFO) $59,388 $55,999 … Read moreHPT Announces 2002 First Quarter Operating Results

LaSalle Hotel Properties Reports Comparable FFO Of $0.29 Per Diluted Share/Unit

BETHESDA, Md., May 13 /PRNewswire-FirstCall/ — LaSalle Hotel Properties (NYSE:LHO) today reported comparable funds from operations (FFO) of $5.7 million for the first quarter 2002 versus $8.3 million for the same period of 2001. On a per diluted share/unit basis, comparable FFO for the first quarter 2002 was $0.29 versus $0.44 a year ago. Comparable … Read moreLaSalle Hotel Properties Reports Comparable FFO Of $0.29 Per Diluted Share/Unit

New Red Roof Inn Open in Saugus, Mass

DALLAS–(BUSINESS WIRE)–May 15, 2002–Red Roof Inns, now in its 30th year, today announced the opening of a brand new Red Roof Inn located at 920 Broadway, four miles south of Interstate 95 in Saugus. The total construction cost for this property was $7 Million. The three story, 117-room property is the first new construction property … Read moreNew Red Roof Inn Open in Saugus, Mass

Feature – Waste not, want not …

SHANGRI-LA is powering up its energy-management initiatives, with the results impacting how much GMs and other senior executives pick up in their year-end bonuses. Group director of engineering Max Fankhanel has introduced a comprehensive programme of best practices designed to allow hotels to reassess the way they have operated in terms of energy management and … Read moreFeature – Waste not, want not …

IH/M&RS To Refine Product Categories In 2002 – New Market Names Better Reflect Scope Of Offerings

WHITE PLAINS, NY, To focus on the various vertical markets served by the International Hotel/Motel & Restaurant Show® (IH/M&RS), show organizers have announced plans to repackage the Show’s 12 existing product categories into five broad markets — Décor, Technology, Restaurant, Flavor and Essentials — for the November 2002 edition. The five new markets will encompass … Read moreIH/M&RS To Refine Product Categories In 2002 – New Market Names Better Reflect Scope Of Offerings

W Hotels Expands in Asia-Pacific With the Signing Of W Walker Hill, Seoul, Korea

WHITE PLAINS, N.Y.–(BUSINESS WIRE)–Dec. 19, 2001– Starwood's Newest Brand Makes Announcement of its 20th Hotel – Becomes Third International W Hotel and Second W Property for Asia-Pacific Region W Hotels, Starwood Hotels & Resorts' hot new brand of style hotels, will add another chic and stylish W property in the Asia-Pacific region, the W Walker … Read moreW Hotels Expands in Asia-Pacific With the Signing Of W Walker Hill, Seoul, Korea

Best Western Completes Implementation of 16 Consumer Driven Standards at 2,300 Hotels Throughout North America

PHOENIX–(BUSINESS WIRE)–Oct. 1, 2001–Best Western International, The World's Largest Hotel Chain(TM), has completed full implementation of BestRequests(TM) 16 amenities and services at each of its 2,300 hotels located in the United States, Canada and the Caribbean. To showcase these quality and consistency improvements, BestRates(TM) room rates starting at $49 go in effect today through mid-December … Read moreBest Western Completes Implementation of 16 Consumer Driven Standards at 2,300 Hotels Throughout North America

The Marcus Corporation Reports Second Quarter Results; Record Performance of Marcus Theatres Helps To Offset Downturn in Lodging

MILWAUKEE–(BUSINESS WIRE)–Dec. 20, 2001–The Marcus Corporation (NYSE: MCS) today reported results for the second quarter ended November 29, 2001. As expected, performance for the company's lodging businesses was down due to reduced business travel resulting from the events of September 11 and the subsequent downturn in the general economy. The outstanding results of Marcus Theatres … Read moreThe Marcus Corporation Reports Second Quarter Results; Record Performance of Marcus Theatres Helps To Offset Downturn in Lodging

The Leading Hotels of the World Sees Extraordinary Growth in Online Bookings

NEW YORK–(BUSINESS WIRE)–Feb. 12, 2002–Chalk it up to instant luxury gratification…boomer demand for convenience…or perhaps a greater comfort with e-commerce transactions. No matter how you characterize it, The Leading Hotels of the World, Ltd. is seeing phenomenal growth in online bookings at rates that are a minimum of $10 higher than through traditional booking sources … Read moreThe Leading Hotels of the World Sees Extraordinary Growth in Online Bookings

Jamaica Inn and Liberty Travel Invite Guests from Three Major Cities to Fly Free

OCHO RIOS, Jamaica, Feb. 21 /PRNewswire/ — Jamaica Inn, the legendary small beachfront luxury property just outside Ocho Rios, has kicked off celebrations of its 50th Anniversary with a first-ever offer. From now through mid-April guests who book a double room for five nights or longer will receive two complimentary round-trip tickets on American Airlines … Read moreJamaica Inn and Liberty Travel Invite Guests from Three Major Cities to Fly Free