NEW YORK, Dec. 18 /PRNewswire/ — Cendant Corporation (NYSE: CD) has extended its offer to the holders of $850 million principal amount of its 6-7/8% notes due 2006 to exchange such notes for a like principal amount of its 6-7/8% exchange notes due 2006, which have been registered under the Securities Act of 1933, as … Read moreCendant Corporation Extends Exchange Offer
SPARTANBURG, S.C.–(BUSINESS WIRE)–Jan. 21, 2002–Extended Stay America, Inc. (NYSE: ESA) has opened a three-story Extended StayAmerica Efficiency Studios hotel located at 340 Tolland Turnpike, Manchester, Connecticut. The 104 room hotel is the Company's first property in the Manchester area, its second property in the state and its 431st property overall. According to Chief Executive Officer … Read moreExtended Stay America, Inc. Opens Second Hotel in Connecticut
NEW YORK–(BUSINESS WIRE)–Oct. 30, 2000–Fitch has just published a Credit Update report on Hilton Hotels Corp. (HLT). HLT owns many of the world's best known and most highly regarded hotel brands, including Hilton, Embassy Suites, Hilton Garden Inn, Hampton Inn, Doubletree, Homewood Suites and Red Lion. The company maintains a significant domestic presence in virtually … Read moreFitch Publishes Report On Hilton Hotels Corp.
November 6, 2000 — HVS International — Club Mediterranee, the French tour operator, has seen its share price fall 30% to Euro 95, since it issued a profit warning last September, when it stated that at worst its operating profit may be 10% lower than first predicted. According to analysts at BNP Pari-bas, further gloom … Read moreTroubled Times Ahead Predicted For Club Mediterranee
Starting June 1st, 2003, Rezidor SAS Hospitality, one of the world's leading hospitality management companies, will begin managing the Golden Arch Hotels at Zurich Airport and Lully/Estavayer Le Lac.
Hotel Brokers International (HBI), the hotel industry's oldest real estate sales and consulting organization, elected Swoboda Hospitality Specialists to membership earlier this month. Joining HBI are William Meinhold, CHB and President of the company, Greg Meinhold, CCIM, CEO and Designated Broker, and agents, Del Ward, Jason Jones, L.J. Benjamin and Al Almada.
MYRTLE BEACH, S.C.–(BUSINESS WIRE)–Sept. 9, 2002–Construction has begun on the newest star on Myrtle Beach, South Carolina's famous Grand Strand. The $50-million dollar Myrtle Beach Marriott Resort at Grande Dunes is scheduled to open in January 2004. This will be one of Myrtle Beach's finest attractions offering amenities unrivaled on the Grand Strand, said Bruce … Read moreColumbia Sussex Begins Construction On New Myrtle Beach Luxury Marriott Resort
PROVIDENCE, R.I. – May 24, 2002 – Four prominent leaders in the hospitality world received honorary degrees during commencement exercises at Johnson & Wales University's five campuses. A total of 7,240 students graduated from Johnson & Wales University's campuses in Providence, R.I.; Charleston, S.C.; Norfolk, Va.; North Miami, Fla.; and Denver, Colo. At the Providence … Read moreHospitality Industry Leaders Awarded Honorary Doctorates at Johns on & Wales
ORANJESTAD, Aruba–(BUSINESS WIRE)–Aug. 20, 2001–This fall and winter, families, golfers and those who just want to get away, can now find affordable hotel packages in the Dutch Caribbean island of Aruba. The many hotel packages to choose from are: Wyndham Aruba Beach Resort & Casino is offering an all-inclusive package for as low as $425 … Read moreAruba Hotels Offer Affordable 2001 Fall & Winter Packages
May 2, 2001 – Financial Times Nomura International has outbid Marriott International, the US-based hotel group, for the Le Méridien chain of international hotels with a headline offer of £1.85bn.($2.7bn) The bid puts the principal finance arm of the Japanese bank, headed by Guy Hands, in pole position to be granted exclusive talks. However, Compass … Read moreNomura Tops Marriott Bid for Le Méridien Chain