Conference Board/BEST Promote Sustainable Business Practices At Iatos 2002

NEW YORK, February 27, 2002 – Michael Seltzer, the Director of Business Enterprises For Sustainable Travel (BEST), a joint initiative of The Conference Board and the World Travel & Tourism Council, spoke at the 12th Annual IATOS (International Adventure Travel and Outdoor Sports) 2002 Expo + World Congress on Adventure and Eco Tourism in Chicago … Read moreConference Board/BEST Promote Sustainable Business Practices At Iatos 2002

Sealy Contract Introduces the Advanced Generation Sealy Posturepedic® Collection with StayTrue™ Technology

Sealy, the world’s largest bedding manufacturer, has given hotels another compelling reason to choose Sealy sleep systems for their properties. The new Advanced Generation Sealy Posturepedic® Collection with Stay True™ Technology is a groundbreaking advancement in sleep systems, offering longer lasting comfort and support than ever before. The improved collection was unveiled at the International … Read moreSealy Contract Introduces the Advanced Generation Sealy Posturepedic® Collection with StayTrue™ Technology

Outrigger's Australia expansion gains momentum with the announcement of its 9th Australia property

HONOLULU, OAHU, HAWAII – Outrigger Hotels & Resorts' push into Australia's lucrative tourist centers in the state of Queensland continues at an energetic pace following the group's appointment to manage a five-star boutique hotel under construction at Palm Cove, 18 miles north of Cairns. Palm Cove is recognized as the premier destination for European travelers … Read moreOutrigger's Australia expansion gains momentum with the announcement of its 9th Australia property

Cendant Acquires RCI Southern Africa and RCI Pacific

NEW YORK, Dec. 18 /PRNewswire/ — Cendant Corporation (NYSE: CD) today announced that RCI Europe, a wholly owned subsidiary, has entered into an agreement to acquire 100 percent of the share capital in Vacation Exchanges International, Ltd, trading as RCI Southern Africa Ltd, from Avis Southern Africa Limited and other minority shareholders for $48 million … Read moreCendant Acquires RCI Southern Africa and RCI Pacific

Bass Hotels & Resorts Becomes Six Continents Hotels

Bass Hotels & Resorts (BHR) today changed its name to Six Continents Hotels. The change, reflecting the Company’s ever-expanding reach in the global hotel business, has been made in conjunction with the global re-branding of Bass PLC to Six Continents PLC. Signifying the final departure for the Group from it’s brewing origins following last year’s … Read moreBass Hotels & Resorts Becomes Six Continents Hotels

Cendant Raises $1.278 Billion Through Offerings of Cendant Common Stock

NEW YORK, Feb. 8 /PRNewswire/ — Cendant Corporation (NYSE: CD) today announced the sale of 40 million shares of Cendant common stock to Lehman Brothers, Inc. at $13.20 per share, net of selling concessions, resulting in net proceeds of $528 million. Lehman will also have a 30-day option to purchase up to an additional six … Read moreCendant Raises $1.278 Billion Through Offerings of Cendant Common Stock

Starwood Hotels & Resorts To Offer $1 Billion Of Senior Notes

WHITE PLAINS, N.Y.–(BUSINESS WIRE)–April 8, 2002–Starwood Hotels and Resorts Worldwide, Inc. announced today that it expects to make a private offer of approximately $1 billion of senior notes. The offering will be in two tranches, a five-year tranche and a ten-year tranche, and Starwood expects to use the proceeds to repay all of its increasing … Read moreStarwood Hotels & Resorts To Offer $1 Billion Of Senior Notes

Hilton Garden Inn Calabasas Now Open in Southern California

BEVERLY HILLS, Calif April 30, 2002 Hilton Hotels Corporation announced today the opening of the 142-room Hilton Garden Inn(R) Calabasas in Calabasas, California, representing another addition to the brand's growing collection of more than 130 Hilton Garden Inn hotels across North America. Mian Horizon, LLC, owns and manages the newly constructed Hilton Garden Inn Calabasas, … Read moreHilton Garden Inn Calabasas Now Open in Southern California