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The Travel Career Connexxions Opportunities Newsletter
05/10/05

The only weekly newsletter detailing essential trends, news and top executive moves in travel. Opportunities is a free newsletter that provides you with the vision to "see" travel industry opportunities in the making. Whether you are in sales, business development, guiding your company's growth or managing your career, reading opportunities will give you the advantage to succeed. Opportunities is another innovative tool brought to you by Travel Career Connexxions. For more information, visit http://www.TravelExecutive.com

This week in Opportunities:

Survey: Cruising Remains Vacation of Choice
NCL Unveils Another New Ship Order
Barry Sternlicht Resigns Top Starwood Posts
Starwood's Meridien Bid Means Change Ahead
Online Travel Still Hot as IAC Posts Strong Numbers
Las Vegas Sands Results Show Gaming's Still Tops
Gaylord Entertainment Names Reed as Chairman
Opportunities Watch!
Opportunities Networking!
Executive Movers! See who's going where?
Travel Executive Employment Report

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Did you know? As of 05/10/05 there are 120 executive-level travel jobs published in the Travel Career Connexxions employment report. Positions include VP Customer Satisfaction Assurance (05/09), Vice President Sales & Marketing (05/09), Director of Advertising (05/09), Senior Database Marketing Associate (05/09), Director of Commissions (05/10), Director Quality Assurance (05/10) and more. It only takes one person to fill the job of a lifetime - and that someone could be you! http://www.TravelExecutive.com

OPPORTUNITIES NEWS & TRENDS!

Survey: Cruising Remains Vacation of Choice

What's the hottest segment in the travel industry? Cruising continues to be the vacation of choice in 2005, according to industry experts, and a new online survey indicates that travel on the high seas will ride a new wave of passenger growth for the year. Eighty-five percent of those responding to the poll from January through March at www.travelersadvantage.com said they will book another cruise in the coming year. The cruise industry -- following a record-smashing 10.5 million cruisers in 2004 -- is predicting that cruising will be the vacation of choice this year, buoyed by strong customer demand, new ship introductions, more U.S. homeport availability and renewed interest in exotic ports. The Cruise Lines International Association says its member cruise ships are sailing at a 100 percent occupancy rate for 2005, and a record number of new passengers are also hitting the deck. The favorite cruise destinations, according to the survey, were Mexico (50 percent), Hawaii (25 percent) and Alaska (25 percent). Dream vacations for the future included cruises to the Caribbean (40 percent), Florida (17 percent) and Hawaii (11 percent). Other favorites included Italy, the Dominican Republic, Costa Rica and California.

NCL Unveils Another New Ship Order

Another cruise company is building yet another major ship, proving one again the strength of the segment. NCL Corporation announced another new ship order with Meyer Werft, in Germany, for delivery in October 2007 to its Norwegian Cruise Line brand. The vessel, currently referred to as hull S.670, will have a capacity of 2,384 lower berths and be a sister to Norwegian Jewel, which is scheduled for delivery in August of this year. Total contract price, including Owner's Supply, is EUR 391 million (approximately $510 million at today's exchange rate). The new order follows an order announced in December last year with the same yard for an identical ship to be delivered in February 2007, and becomes the fifth ship now in the pipeline for introduction to the NCL fleet during the next 28 months. This new order will be the 10th big new ship to join the NCL fleet since the fleet modernization began in late 1999. Once this 10th ship is delivered in 2007, over 75 percent of NCL's inventory of beds will be on ships less than eight years old.

Barry Sternlicht Resigns Top Starwood Posts

Okay, so what's the biggest job change of the week? The answer is Sternlicht! Barry Sternlicht, founder of Starwood Hotels & Resorts Worldwide, Inc. will resign his position as executive chairman of the company. In addition, he will also resign from the company's board of directors. Sternlicht, who founded the company in 1995, retired as CEO last year after leading the search to identify his successor, Steven Heyer, who became CEO on October 1, 2004. He will assume the title of founder and chairman emeritus. According to Sternlicht, he fulfilled his commitment to stay through a transition period and now it is time for him to more fully focus on his successful private company, Starwood Capital, a real estate investment and private equity firm headquartered in Greenwich, Ct., with more than $5 billion under management. The company also announced that Lizanne Galbreath has been elected as a director to fill the vacancy created by Sternlicht's resignation, and that current director Bruce Duncan has been elected chairman of the board. "Eighteen months ago, I made the decision to reduce my involvement in the company to spend more time with my family and focus on my other business interests," Sternlicht said. "My commitment to lead the search process for a new CEO and stay through the transition period has now been fulfilled and it is now time for me to follow through with my other commitments to my family and other business.

Starwood's Meridien Bid Means Change Ahead

Look for possible executive changes, but also more growth, if Starwood Capital Group's acquisition of Le MÈridien Hotels & Resorts goes as planned. Affiliates of Lehman Brothers, the holder of much of the Group's debt, and Starwood Capital Group Global have entered into a non-binding letter of intent to form a joint venture and have proposed that the joint venture acquire the owned and leased hotel portfolio of Le MÈridien. Starwood Hotels would also enter into management agreements for the 36 owned and leased Le MÈridien properties to be acquired by Lehman and Starwood Capital Group with such hotels continuing to be operated under their current flags. Robert Riley, CEO of Le MÈridien said: "If completed, these arrangements would at long last provide for the consensual recapitalization of the Group. Le MÈridien has a well-respected and unique identity with strong customer loyalty, and skilled, experienced and passionate employees. Its alignment with a robust multi-branded management company like Starwood Hotels should enable the Le MÈridien brand and its hotels to thrive by enhancing revenue and accelerating growth. The joint venture with Lehman Brothers and Starwood Capital Group should provide a financially strong structure for the current owned and leased portfolio." The transactions and recapitalization are anticipated to be completed in the third quarter of 2005. In the meantime, Le MÈridien Hotels & Resorts will continue to be operated independently by current management. London-based Le MÈridien is a global hotel group with a portfolio of more than 130 luxury and upscale hotels in 56 countries worldwide.

Online Travel Still Hot as IAC Posts Strong Numbers

The third-party online travel segment continues to exhibit strength, if the latest IAC/InterActiveCorp numbers are any indication. In particular, the company's travel unit, made up of Expedia, Hotels.com and Hotwire, posted some impressive results for the first quarter. IAC Travel revenue grew by 14 percent to $563.9 million, primarily driven by results from the merchant hotel business, including revenues generated from international websites, the air business, acquisitions including TripAdvisor, and growth at Interval International. International revenue increased 36 percent, or 31 percent excluding the benefit of foreign exchange. Results were primarily driven by websites in the United Kingdom, Germany, and Canada, as well as the acquisition of Expedia Corporate Travel-Europe, all of which experienced continued growth in the merchant hotel and air businesses. Merchant hotel revenue increased 7 percent, driven primarily by an increase in merchant hotel room nights stayed and an increase in revenue per room night. However, the company warned that the U.S. merchant hotel business continues to operate in a more challenging environment than in the prior year period, due primarily to increased competition from third party distributors, increased promotion by hotel chains of their own direct sites and higher overall occupancy rates, resulting in decreased availability of favorably priced inventory compared with the prior year period. These trends are generally expected to continue. Air revenue grew by 8 percent, driven primarily by a 21 percent increase in air tickets sold, partially offset by a decline in revenue per ticket.

Las Vegas Sands Results Show Gaming's Still Tops

The good news from the gaming segment of the travel industry just doesn't end. Las Vegas Sands Corp. reported net revenue for the first quarter of 2005 was a record $403.8 million, compared to $239.2 million in the first quarter of 2004. The increase primarily reflects revenues from the Sands Macao casino, which opened in May 2004. Adjusted net income for the first quarter of 2005 was a record $103.1 million, or $0.29 per diluted share, compared to adjusted net income of $40.5 million, or $0.12 per diluted share, for the first quarter of 2004. The continuing strength in earnings was driven by revenues from the company's Sands Macao casino, which opened in May 2004, strong gaming volumes and room-rate gains at the Venetian Casino Resort, and lower interest costs. Said William Weidner, president and COO: "In Las Vegas, we continued to benefit from strong casino demand, achieving record table drop and slot handle in the first quarter. Hotel metrics in the quarter also were very strong, and March represented a record month in the history of the property in terms of both average daily room rate (ADR) and total room revenue. Our forward bookings into the second quarter look strong."

Gaylord Entertainment Names Reed as Chairman

The board of directors of Gaylord Entertainment Co. elected Colin Reed as chairman of the board of directors at its annual meeting. Reed, 57, adds the role of chairman to his current responsibilities as president and chief executive officer, effective immediately. He succeeds Michael Rose, who was named chairman of the board's executive committee today. Reed joined Gaylord as president and CEO in April, 2001. Prior to joining Gaylord, Reed had been with Harrah's Entertainment Inc., where he had been chief financial officer and chief development officer and a member of its board of directors. At Harrah's, Reed also was a member of the three-person Office of the President. He began his management career in hospitality with Holiday Inns Inc. in 1977 in its Europe, Middle East and Africa division, where he became the chief financial officer for the division. In 1987, he became executive assistant to Rose, working side-by-side with him during the growth and expansion the company enjoyed in ensuing years. He then served as senior vice president for development for the Promus Companies Inc. Gaylord Entertainment, a leading hospitality and entertainment company based in Nashville, Tenn., owns and operates three industry brands -- Gaylord Hotels (www.gaylordhotels.com), its network of upscale, meetings-focused resorts; ResortQuest International (www.resortquest.com), the nation's largest vacation rental property management company; and the Grand Ole Opry (www.opry.com), the weekly showcase of country music's finest performers.

OPPORTUNITIES WATCH!

Embassy Suites Unveils Major Expansion Plans

Embassy Suites Hotels, currently with 178 hotels, will open six new properties in the spring and summer of 2005. The openings of these hotels represents the wide reach of the Embassy Suites brand, from the leisure-focused 146-suite La Quinta, Calif. property, complete with full-service spa, to the 300-suite Hampton, Va. property, which will adjoin the new Hampton Roads Convention Center. The company said this latest round of openings supports its goal of continued growth and innovation by reaching new markets and offering developers a diversified full-service brand that understands and responds to their needs. The new hotels opening are located in Albuquerque, N.M. (261 suites; opened April 2005); Dallas-Frisco, Texas (330 suites; opened April 2005); Hampton, Va. (300 suites, projected to open July 2005); La Quinta, Calif. (146 suites; projected to open August 2005); Winston-Salem, N.C. (146 suites, projected to open July 2005); and St. Louis-St. Charles, Mo. (300 suites; projected to open June 2005).

New Cruise Company easyCruise Makes Debut

There's a new cruise company in town (well, not exactly in the U.S.!). London-based easyCruise was officially launched on May 6, as the latest venture from Stelios, the easyGroup chairman who founded easyJet the low cost European airline. easyCruise is sailing along the French and Italian rivieras and is designed for independently minded people in their 20s, 30s and 40s. The company's ship, easyCruiseOne, stays in port every night until 4 a.m. so passengers can really enjoy the nightlife in port. It then sails to the next port, arriving by lunchtime and staying until 4 a.m. the next day. This cycle is repeated on a daily basis. Passengers join and leave the cruise where and when they wish, with a two-night minimum, 14-night maximum stay. Prices start at $45 per person per night for a standard twin cabin (based on two people sharing). Ports of call are: Nice, Cannes, St Tropez, Monaco, Imperia (for San Remo), Genoa and Portofino. For more information, visit www.easyCruise.com.

Rosewood to Open Acqualina Resort in Florida

Rosewood Hotels & Resorts, a manager of luxury hotels and resorts, announced the opening of Acqualina, A Rosewood Resort in Sunny Isles Beach, Fla. on Nov. 1, 2005. Situated between Miami and Fort Lauderdale, Acqualina, whose name loosely translates to "water's edge" in Italian, was carefully modeled after a grand European piazza; and provides a luxurious environment replete with gourmet dining, spa, and proximity to Bal Harbour and the Miami Beach and South Beach areas. The resort's 51-story Mediterranean-inspired tower features a 97-room ultra-luxury boutique resort and 188 lavish residences. It has a 25,000-square-foot two-story Spa and several gourmet dining options, plus access to Williams Island's tennis facilities and deep-water marinas, a nearby golf course.

Wyndham Opens Tremblant Mountain Resort

Wyndham International, Inc. opened the Wyndham Cap Tremblant Mountain Resort, a premiere mountain retreat located in Quebec's renowned Mont Tremblant ski area outside of Montreal. Offering breathtaking views of the surrounding Laurentian Mountains and nearby Lac Mercier, the newly constructed resort features 130 mountain condominium homes as well as a wide range of sports and recreational activities ideal for outdoor enthusiasts in every season. A private shuttle transports guests from the historic town of Mont Tremblant to the 652-acre Tremblant Ski Resort, where 94 trails await skiers of all skill levels. The Wyndham Cap Tremblant Mountain Resort enters the Wyndham brand portfolio through a long-term franchise agreement with Intersite Corporation. The resort marks Wyndham's second Canadian property, joining the Wyndham Bristol Place - Toronto Airport in Ontario. For more information, visit www.wyndham.com.

Starwood Sets June Opening for Four Points Chicago

Starwood Hotels & Resorts Worldwide, Inc. announced a June opening date for the Four Points by Sheraton Chicago Downtown/Magnificent Mile, currently under construction in the Chicago just steps away from the desirable "Magnificent Mile," the city's premiere shopping and tourist district. The new hotel, the latest addition to Starwood's moderately-priced brand, is situated at 630 N. Rush Street and will offer affordable and comfortable accommodations in a stellar location. The 226-room hotel includes 130 suites and features striking artwork from renowned artist Dale Chihuly in the lobby. Four Points by Sheraton's current global expansion and development includes choice urban and resort markets such as Soho Village (New York City); Birmingham, Alabama; Edmonton, Alberta, Canada; Shenzhen, China; Hyannis (Cape Cod); Massachusetts and Puerto Rico. The brand, owned by Starwood Hotels & Resorts, currently has more than 130 properties in 17 countries.

Country Inns By Carlson Opens New Orleans Hotel

Country Inns & Suites By Carlson, the mid-tier lodging brand of Minneapolis-based Carlson Hotels Worldwide, announced the opening of its first central urban location property in the city of New Orleans, La. Located just a few blocks off the French Quarter at 315 Magazine Street, the 155-room hotel was developed in seven historic buildings dating back to the 1860s. The buildings are listed on the U.S. Register of National Historic Places and have a colorful history. Country Inns & Suites By Carlson is part of Minneapolis, Minn.-based Carlson Hotels Worldwide whose brands also include Regent International Hotels; Radisson Hotels & Resorts; Park Plaza Hotels & Resorts and Park Inn.

Starwood Plans Westin in Dominican Republic

Starwood unveiled plans for The Westin Roco Ki Beach & Golf Resort, currently under construction in the Dominican Republic and scheduled to debut in November 2006. The property is owned by Macao Beach Resort, Inc., a subsidiary of Geostar, Inc. which has tourism investments worldwide. The 315-room resort will feature architecture and exhibits honoring the ancient Taino culture. The resort's name, Roco Ki, which in the Taino language means "honoring the land," reflects the cultural and ecological balance of the area's natural attributes. The resort will also feature a multitude of world-class amenities including an 18-hole championship Nick Faldo Signature Golf Course managed by Troon, The Spa at Westin Roco Ki, seven restaurants, seven elegant lounges and bars, a gourmet market, six tennis courts, six swimming pools, an aquatic sports complex, marina and over three miles of white-sand beach.

New Vegas Gaming Company Makes Debut

There's a new player in town for the booming gaming industry. Olympia Gaming, the newly-formed gaming arm of the Olympia Land Corporation, is taking shape with the recent hiring of three top gaming executives. With a collective 60 years of gaming operation and development experience, the trio is comprised of Chief Operating Officer Sean Sullivan, Chief Financial Officer Kirk Saylor, and Chief Marketing Officer DC Graham. Sullivan, one of the gaming industry's top operators, returns to Las Vegas after eight years in Colorado where he gained acclaim turning around three separate casinos operations. Most recently, he served as vice president and general manager of the Mountain High Casino Resort, Black Hawk, Colorado. During his 24-year career, Sullivan has worked at leading companies in the gaming resort industry including MGM Grand, Harveys Lake Tahoe, Binions Horseshoe, Riviera, Grand Casinos, Harolds Club Reno, and MGM/Sands. Saylor is a casino veteran with over 20 years of financial experience in the gaming industry. Most recently, he served as senior vice president and chief financial officer for Horseshoe Gaming Holding Corp. where he was instrumental in the company's growth and Horseshoe's ultimate sale for $1.45 billion. During his career, he has served as senior vice president and chief financial officer for Lone Star Casino Corp.; corporate controller and chief accounting officer for Alliance Gaming Inc.; and as the financial reporting manager for Golden Nugget Inc. DC Graham, well-known to the gaming industry for his successful track record as a talented casino marketer, joins Olympia Gaming after a three-year stint at the Mountain High Casino, where he oversaw all facets of marketing. Prior to that, he spent nine years in various marketing capacities in Las Vegas, most recently as director of marketing for The Venetian Resort-Hotel-Casino where he oversaw all slot and database marketing efforts. He has also held marketing management positions with the Stratosphere Hotel & Casino, and the MGM Grand in Las Vegas. The newly-formed Olympia Gaming group will be headquartered in Las Vegas, and will be a subsidiary of Olympia Land Corporation, whose subsidiaries and related entities actively engage in all phases of real estate development from land investment to participating in residential, commercial and retail development in Nevada.

Caribbean Tourism Organization Seeks Deputy Post

Here's the job of the week: The Caribbean Tourism Organization (CTO) is seeking to fill the position of Deputy Secretary General (even though it has yet to announce a new Secretary General). The individual selected will assist the Secretary General in the overall day-to-day running of the organization. More specifically, his or her duties will include: Oversight of the work of the various departments, including monitoring of the outputs of the departments; administrative oversight of the organization and overall responsibility for membership services of the organization. Extensive travel will form part of the normal duties of the post. Qualifications and experience required include: a master's level degree is preferred; a minimum of 10 years working at a senior management level; extensive knowledge of the Caribbean region and its tourism products and services; excellent writing and oral communication skills; past record demonstrating strong managerial, administrative and interpersonal skills; considerable experience dealing with the international donor community and demonstrated ability in project identification, preparation, management and proposal writing; considerable experience dealing with governments and planning, policy development and implementation; a high level of competence regarding the use of Information and Communications Technology (ICT) for business purposes would be a definite asset; oral and written proficiency in Spanish or French would be a definite asset. For more detailed job description and further details, visit onecaribbean.org/information/categorybrowse.php?categoryid=746. The deadline for applications is Monday, May 23.

OPPORTUNITIES NETWORKING!

Network with Travel's Marketing Elite in Vegas!

Meet top travel marketing pros at the Association of Travel Marketing Executives (ATME) 25th Anniversary Conference, scheduled for June 21-22 at Wynn Las Vegas. Keynote speakers include Jonathan Tisch, chairman and CEO of Loews Hotels; Henry Harteveldt, vice president-travel research at Forrester Research; Andrew Jordan, executive vice president-marketing and chief marketing officer for Wyndham Hotels; and Vincent Vanderpool-Wallace, director-general of Bahamas Tourism. Steve Wynn, chairman of Wynn Resorts, will be presented with ATME's ATLAS Lifetime Achievement Award. Other speakers include top marketing executives from every segment of the travel industry. For more information, call 800-526-0041 or visit www.atme.org.

OPPORTUNITIES EXECUTIVE MOVERS!

AIRLINES: Northwest Airlines named Neal Cohen as its new executive vice president and chief financial officer. He replaces Bernard Han, who has resigned from the companyÖ American Airlines announced two changes in its Eastern Division Sales organization. Chuck Imhof, an 18-year veteran with American, is taking on added responsibilities as managing director-Greater New York Division, and Jim Carter, a 20-year employee of the airline, has been appointed managing director-Eastern Division, based in Boston. In these new positions, Imhof and Carter are assuming management responsibilities previously held by Tom Gleason, who is leaving the companyÖNorthwest Airlines announced that Robert Brodin, senior vice president of labor relations, has advised the company that he intends to retire at the end of this month. The labor relations function will now report to Mike Becker, who has been named senior vice president of human resources and labor relations. Julie Hagen Showers, vice president of labor relations, will now assume leadership for labor relations. Becker was named senior vice president of human resources in August 2001. During his 12 years at Northwest, he also has held positions as vice president-international and managing director of corporate human resources.

CAR RENTALS: Cendant Car Rental Group, Inc., owner of Avis Rent A Car System, Inc. and Budget Rent A Car System, Inc., announced management changes to support its efforts to expand its local market/off-airport network by more than 500 locations in the United States during the next three years. Leading the effort will be Ray Koch, who has been appointed vice president of off-airport development. He brings more than 30 years of industry experience as a station, fleet, city and district manager. Most recently, Koch was regional manager for the Washington/Baltimore operations at Cendant Car Rental Group. He will be based in Parsippany, N.J. In addition, Vance Watson has been named vice president of off-airport expansion. Watson, former vice president of off-airport and licensee operations for Budget, has more than 18 years of car rental experience and joined Cendant Car Rental Group when the company acquired Budget in 2002.

HOTELS & RESORTS: Choice Hotels International, Inc. said its board of directors has promoted Joseph Squeri to executive vice president, operations, and chief financial officer, taking on additional operating responsibilities in the areas of franchise services, partner services and information technology. Squeri, who will report directly to President and CEO Charles Ledsinger Jr., previously had been executive vice president and chief financial officer and oversees the finance, franchise development and brand functionsÖKimpton Hotels & Restaurants said Pete Koerner has joined the company as national director of facilities. Koerner will be responsible for overseeing all aspects of facilities management in the hotels and restaurantsÖ Las Ventanas al Paraiso, a Rosewood Resort in Los Cabos, Mexico, has brought back Cristina Romero-Peri as the director of sales and marketing. Romero-Peri originally joined the resort in 1998 and held a variety of positions over five years, most recently as Las Ventanas' director of sales and marketingÖ Crestline Hotels & Resorts, Inc. appointed Dawn Zimmerman as director of sales and marketing for the newly restored and expanded Stonewall Jackson Hotel & Conference Center in Staunton, Va. The Stonewall Jackson Hotel & Conference Center is a historic property located in Staunton, in the heart of Virginia's Shenandoah ValleyÖThe Procaccianti Group (TPG) has hired Thomas Niles, a two-decade industry veteran, as executive vice president of development. Niles joins TPG from NPV Development, LLC, in Needham, MassÖWyndham International, Inc. promoted Roger Seshadri to vice president of information technology, responsible for managing projects relating to Information Technology and Casino operations, IT Finance, implementation of the company's Capability Maturity Model of process improvement, as well as providing technology oversight for compliance and casino systems initiatives. In this role, Seshadri reports directly to Executive Vice President and Chief Information Officer Mark HedleyÖInterContinental Hotels Group has named Jolyon Bulley as director of special projects Asia Pacific, with Karin Nielsen taking over from Jolyon Bulley in the role of regional director of sales and marketing for Australia, New Zealand and South PacificÖDavid Sharihari has been named general manager Of Carmel Valley Ranch-A Wyndham Luxury Resort in Carmel-by-the-Sea, Calif. With more than 20-years experience in the hospitality industry, Sharihari will oversee the day-to-day operations of this flagship luxury resort, which is currently being renovated to update the property's 144 guest suites and revitalize its prime public areasÖ

FelCor Lodging Trust Incorporated, one of the nation's largest public hotel real estate investment trusts (REITs), named Erik Nylen as vice president of capital transactions. With more than 20 years in the hospitality industry, Nylen has extensive experience in hotel and resort development, acquisitions and asset managementÖCrestline Hotels & Resorts, Inc. appointed Phillip Saims as director of sales and marketing at the Holiday Inn on the Hill, Washington, D.C.. The Holiday Inn on the Hill, owned by LaSalle Hotel Properties and managed by Crestline, recently underwent a $10 million renovation, and enjoys a reputation as one of Washington DC's most sophisticated and stylish full-service hotelsÖRuth Ormsby has been appointed vice president of development at Carlson Hotels for the western region of the United States, including the states of Alaska, Arizona, California, Hawaii, Nevada, Oregon, Utah, and Washington. In her new role, Ormsby is responsible for developing hotels through franchising, management contracts and corporate development for Carlson's full-service hotel brands: Regent International Hotels, Radisson Hotels & Resorts and Park Plaza Hotels & ResortsÖGuido Salvatori has been appointed director of revenue management for the Americas Division of Sol Melia Hotels & Resorts-The Americas. Salvatori will develop and oversee all revenue management standards, including data collection and policies and proceduresÖAfter only two years with Couples Resorts as sales and marketing communications manager, Melissa Trench has been promoted to director of marketing in its Miami headquarters. In this new role she will serve as a liaison between Couples Resorts and their primary tour operators and marketing partners.

TRAVEL TECHNOLOGY: Cendant Travel Distribution Services division (TDS), a subsidiary of Cendant Corporation, named Randy Wagner as chief marketing officer, Consumer Travel - Americas, effective immediatelyÖRCG Companies Incorporated, a diversified travel and leisure company, has elected six new officers. William Goldstein, chairman of both RCG and its wholly owned subsidiary, Farequest Holdings, Inc., was elected chief executive officer of RCG. Marc Bercoon, currently chief financial officer of RCG, was elected president of RCG. Michael Pruitt was appointed vice chairman of RCG. Three executives from the recently acquired OneTravel, Inc. have also been named officers of RCG. These executives are Philip Ferri, who was elected chief financial officer of RCG; Henry Wang, who was elected chief information officer of RCG; and Stephen Pello, who was elected executive vice president of Strategic Alliances of RCG. Matthew Krieg, president of nPorta, Inc., a travel industry software development and consulting company, was elected vice president of strategic planning of RCG.

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