ATLANTA, Dec. 27 / Lodgian, Inc. LOD announced today that it has entered into an Exclusivity Agreement with Edgecliff Holdings, LLC. As previously announced, on December 10, 2000, Edgecliff made a proposal to acquire Lodgian for $4.75 per share in cash, subject to certain conditions, including completion of due diligence. The key points contained in the exclusivity agreement with Edgecliff are as...
(Shrewsbury, Pa.) - MeetingMatrix International, Inc., the world's premier meeting planning software developer, is now offering a free download of MeetingMatrix Silver software on its web site, www.meetingmatrix.com.
MeetingMatrix International | Wednesday 27 December 2000
MILWAUKEE / Dec. 25, 2000--Ben Marcus, 89, founder of The Marcus Corporation MCS, died in his suburban Milwaukee home last night following a long illness.
Marcus Hotels & Resorts | Wednesday 27 December 2000
WESTON, Fla., Dec. 27 / Ultimate Software ULTI, a leading provider of Web-based payroll and employee management solutions, announced that Omni Hotels, a four-diamond, luxury hospitality chain, selected UltiPro Web and UltiPro HRMS/Payroll for payroll, benefits and employee management in September of this year and is currently in the process of implementing the solution.
The Ultimate Software Group, Inc. | Wednesday 27 December 2000
MILWAUKEE / Dec. 27, 2000--The Marcus Corporation MCS today announced that Lee A. Berthelsen, president of its Marcus Hotels and Resorts division, will retire on March 31, 2001. He will be succeeded by William J. Otto, who is currently senior vice president and chief operating officer of the division. Following his retirement, Berthelsen will continue as a consultant to the company.
Marcus Hotels & Resorts | Wednesday 27 December 2000
FAIRFIELD, N.J., Dec. 27 / Prime Hospitality Corp. PDQ announced today that it has completed the sale of its Ramsey, NJ Wellesley Inn hotel to Ramsey Hospitality Group, LLC, based in Matawan, NJ. The hotel will continue to be operated as a Wellesley Inn under a 20-year franchise agreement. This is the tenth Wellesley Inn sold this year.
Prime Hospitality Corp. | Wednesday 27 December 2000
GRAND RAPIDS, Mich., Dec. 27 / Meritage Hospitality Group Inc. MHG, the nation's only publicly traded Wendy's franchisee, today announced net sales for the fiscal year ended November 30, 2000 increased 11.3% to $33,105,000, compared to $29,752,000 during the same period last year. The Company's net losses for the fiscal year were $1,353,000 or $.25 per share (basic), compared to net earnings of $...
Meritage Hospitality Group Inc | Wednesday 27 December 2000
Choice Hotels International, Inc., CHH will conduct a conference call today at 4:30 p.m. Eastern time to discuss a company-wide reorganization, updates on the Sunburst Hospitality restructuring and Choice's investment in Friendly Hotels, plc, and related fourth-quarter earnings charges.
Choice Hotels International, Inc. | Friday 22 December 2000
Forest City Commercial Group, a subsidiary of Forest City Enterprises, Inc. announced today that it has finalized an agreement with Starwood Hotels & Resorts Worldwide, Inc. HOT to manage the DoubleTree Pittsburgh Hotel at Liberty Center as The Westin Convention Center, Pittsburgh, effective January 18, 2001.
Starwood Hotels & Resorts Worldwide, Inc. | Friday 22 December 2000
WASHINGTON, Dec. 22 / For the fourth consecutive year, the readers of Business Traveler magazine have named Marriott Rewards® "Best Hotel Rewards Program in the World." The publication asked its readers to review a variety of hotel frequency programs and Marriott Rewards was ranked number one, ahead of Starwood Preferred Guest and Hilton HHonors.
Marriott International, Inc. | Friday 22 December 2000