Rezidor SAS Reports Year-End Results

Brussels, February 14, 2002…. Despite one of the industry's toughest years on record, European hotel group Rezidor SAS Hospitality, which operates the Radisson SAS and Malmaison brands, has reported its seventh consecutive year of growth in business volume and numbers of hotels, with group-wide revenues in 2001 reaching US $977 million,* a US $48 million … Read moreRezidor SAS Reports Year-End Results

Humphrey Hospitality Trust Announces Sale of Hotel

COLUMBIA, Md.–(BUSINESS WIRE)–Feb. 26, 2002–Humphrey Hospitality Trust, Inc. (HUMP), a real estate investment trust (REIT) with 90 limited service hotel properties, today announced the sale of its Macomb, Illinois Super 8 hotel for $1,200,000. The Company realized a net loss of approximately $7,000, and utilized the net proceeds of $1,118,000 to pay down existing debt. … Read moreHumphrey Hospitality Trust Announces Sale of Hotel

Starwood Announces Global Launch of Six Sigma, First in Hospitality Industry

WHITE PLAINS, N.Y., Feb. 5 /PRNewswire/ — Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) has announced that it will be the first hospitality company in the world to embrace Six Sigma, the internationally recognized program that dramatically accelerates and maximizes business performance. Importantly, this initiative is expected to deliver significant long-term financial benefits — … Read moreStarwood Announces Global Launch of Six Sigma, First in Hospitality Industry

American Skiing, MeriStar Hotels & Resorts Announce Merger

WASHINGTON, D.C./NEWRY, Maine, December 11, 2000–MeriStar Hotels & Resorts (NYSE: MMH), the nation’s largest independent hotel management company, and American Skiing Company (NYSE: SKI), the nation’s largest ski resort operating company, announced today that they have signed a definitive agreement to merge. The merged company will be renamed Doral International, Inc. and will focus on … Read moreAmerican Skiing, MeriStar Hotels & Resorts Announce Merger

The East Coast Has a New Name in Luxury — The Mohegan Sun Hotel

UNCASVILLE, Conn., April 23 /PRNewswire/ — Mohegan Sun unveiled the final element of its $1 billion expansion, the new 34-story, 1,200-room Mohegan Sun Hotel today with a ceremony attended by Connecticut's Governor John Rowland, Mohegan tribal leadership, community and state leaders, Mohegan Sun executives and development partners. The glistening crystalline tower features more than 100,000 … Read moreThe East Coast Has a New Name in Luxury — The Mohegan Sun Hotel

Veteran Hoteliers Form Ownership and Management Companies

NORWALK, Conn./WASHINGTON, D.C., January 15, 2002—Four veteran hoteliers have joined forces to create an ownership and management organization to acquire, co-invest in and/or operate first-class hotels. The principals include Gary Mendell, former CEO of HEI Hotels; David E. McCaslin, former chief operating officer of MeriStar Hotels & Resorts; Stephen Rushmore, president, HVS International; and Stephen … Read moreVeteran Hoteliers Form Ownership and Management Companies

Delta Hotels' expansion in Alberta continues with a new hotel in Red Deer

TORONTO, Jan. 8 /CNW/ – Delta Hotels (Delta) announced today that it has assumed management of the 225-room Capri Hotel, Trade & Exhibition Centre in Red Deer, Alberta. The hotel will be re-named the Delta Red Deer Hotel and Conference Centre in the first quarter of 2002. The property is the largest full-service hotel in … Read moreDelta Hotels' expansion in Alberta continues with a new hotel in Red Deer

Extended Stay America, Inc. Launches Faster Website Reservations System

SPARTANBURG, S.C.–(BUSINESS WIRE)–April 8, 2002–Extended Stay America, Inc. (NYSE: ESA), a leading provider of extended-stay lodging, has launched a new reservation system that will save significant time for guests of the hotel chain when making reservations online. The new system, Road Warrior Reservations, enables guests to establish an account by completing a short form online … Read moreExtended Stay America, Inc. Launches Faster Website Reservations System