The Travel Career Connexxions Opportunities Newsletter12/08/04
The only weekly newsletter detailing essential trends, news and
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This week in Opportunities:
Cendant Scoops Up Another Online Travel Agency
WestCoast Hospitality to Launch Red Lion Makeover
Hilton Hotels Reaches Milestone in Online Bookings
First Executive Earns Travel Institute's CTIE
Stein Kruse Takes Over as Holland America CEO
Boyd Gaming Sets Even More Expansion for the Strip
Opportunities Watch!
Executive Movers! See who's going where?
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OPPORTUNITIES NEWS & TRENDS
Cendant Scoops Up Another Online Travel Agency
What's the hottest trend in travel industry acquisitions? The
answer if consolidation in the online booking business. Cendant
Corporation has agreed to buy Europe's ebookers for $404.3
million. The acquisition is expected to be completed in the
first quarter of 2005. ebookers is a leading European online
travel agency with web sites serving 13 European
countries--Austria, Belgium, Denmark, Finland, France, Germany,
Ireland, The Netherlands, Norway, Spain, Sweden, Switzerland
and the United Kingdom. It specializes in the mid- and
long-haul leisure segments of the European travel industry.
ebookers current CEO will stay through a transition phase, but
then will leave the company. "ebookers will serve as the
foundation for Cendant's online travel consumer vertical in
Europe. The addition of ebookers to our portfolio of travel
distribution businesses immediately strengthens Cendant's
position as one of the world's leading online travel
distributors, and provides a foundation for significant growth
opportunities in the fast-growing European online travel
segment," said Samuel Katz, chairman and CEO, Cendant Travel
Distribution Services Division. Cendant plans to build on
ebookers' strength by augmenting it with Cendant's long-haul
destination ground product, such as hotels and rental cars,
through its other travel businesses, including Travel 2,
HotelClub.com, Lodging.com and Orbitz, which it purchased
earlier this year. In fact, Cendant is suddenly a formidable
power in online booking with ebookers, Orbitz and Cheap Tickets
among its online brands. So if you're interested in the online
travel segment, Cendant may a good place to start looking.
WestCoast Hospitality to Launch Red Lion Makeover
Here's a brand that's set to grow and get a makeover, but
first it's going to consolidate. WestCoast Hospitality
Corporation will sell 11 of its properties, as well as other
non-core assets to pay off debts and invest in a makeover of
its Red Lion brand properties. WestCoast will spend $40 million
to revitalize Red Lion Hotels throughout the company's 12-state
and British Columbia operating region. The investment will
enhance 31 hotels over the next 18 months. The company plans to
raise capital for the investments by selling 11 hotels,
including three in Oregon, and other non-core properties.
WestCoast said it would sell eight Red Lion hotels, two
WestCoast hotels, a Budget Inn and four non-hotel real estate
assets that are not part of its future business plan. The
Oregon properties to be sold are hotels in Bend, Hillsboro and
Klamath Falls. Washington hotels to be sold are in Yakima,
Aberdeen and Spokane. Other hotels are in Idaho and Montana.
The company, based in Spokane, Wash., said it expects the
properties to collectively bring in between $68 million and
$74.8 million, though after selling expenses and paying off
$23.3 million in mortgage debt the net proceeds are expected to
be between $39.4 million and $43.6 million. WestCoast plans to
sell all of the properties by the end of 2005. The company said
it will offer retention compensation plans to certain employees
at the affected properties.
Hilton Hotels Reaches Milestone in Online Bookings
Hotel companies are seeing a major shift in booking patterns.
So where's the evidence. Hilton Hotels just reported that
online bookings on its branded web sites during October 2004
exceeded call center bookings from 800 numbers for that month,
representing a company first since the advent of web site
reservations. During October, Hilton branded sites overall
reported more than 972,000 room nights, compared with roughly
863,000 room nights booked from 800 numbers through the 16
Hilton Family call centers worldwide. The company also has
reported record-breaking revenues through its brand sites.
Nevertheless, call center bookings year-to-date, including 800
and consolidated hotels, are up 8 percent over 2003.The Hilton
Family of Hotels brand web sites include hilton.com,
conradhotels.com, doubletree.com, embassysuites.com,
hampton-inn.com, hiltongardeninn.com, hgvc.com and
homewoodsuites.com. The company attributes the increase in
online bookings to such guarantees as the assurance that guests
who book on online will receive the best rates; access to Net
Direct Rates; discounted online hotel, air and car rental
packages, and the ability to earn more loyalty points for
HHonors members.
First Executive Earns Travel Institute's CTIE
Chris Dane, CTC is the first executive to earn The Travel
Institute's new Certified Travel Industry Executive (CTIE)
certification. Dane, a 30-year veteran of the travel industry
and a past member of The Travel Institute Board of Trustees,
earned the certification through a one-time conversion for
long-time CTCs. The Travel Institute launched the CTIE in
September in response to requests from industry executives and
CTCs in leadership positions for an additional certification
option that more appropriately reflected a leadership or
management role. To date, more than 40 industry leaders and
long-time CTCs are pursuing this new designation. Dane is
currently a consultant for a variety of traditional and new
economy travel related entities. These assignments have
included interim COO for two dot-com travel related start-ups,
strategic planning for companies like Sabre and Cendant, and
numerous sales, marketing planning and implementation functions
for a variety of travel related companies. In one of his
consulting assignments, he serves as executive director of
Travel Management Alliance, an alliance of nine major regional,
non-competing agencies. He has also held key executive
positions in the airline, travel agency, tour operator, and
consortia sectors of the travel industry. Prior to founding his
consulting company, Dane held executive positions in such
industry leading organizations as Vacation.com, Certified
Vacations, Sabre, American Airlines, Frontier Airlines and
Eastern Airlines. Dane's travel industry roots were planted in
the retail sector when, 1982, he managed the largest commercial
travel agency in Dallas-Ft. Worth. Dane earned the Certified
Travel Counselor (CTC) certification from The Travel Institute
in 1995. He was required to submit a white paper to earn the
CTIE certification. He focused on the future of the airline
industry, a subject quite close to his heart, having spent over
22 years in the airline business. Dane's paper, and those of
other CTIE graduates, will be available for view by members of
The Travel Institute on www.thetravelinstitute.com beginning in
2005. For more information, call 800-542-4282 or
visit www.thetravelinstitute.com.
Stein Kruse Officially Takes Over Holland America CEO
Mark it up in the "momentous transitions" category. Effective
Dec. 1, Holland America Line President Stein Kruse gained the
extra title of CEO, succeeding the legendary Kirk Lanterman,
who remains as chairman in a non-executive role. "I look
forward to having his counsel, experience and knowledge
available to me," Kruse told the online newsletter Seatrade.
"Not a day has gone by when I haven't reflected on how
intelligent he is, and his depth of knowledge of this business,
and how much I have learnt from him during this time. Kirk
often says that if you can't measure something, you can't
manage it. So we measure a lot at Holland America Line, which
means we know a lot about our business. This allows us to
address variances quickly and pointedly, and minimizes
surprises. This is something I certainly will take with me as I
now have the opportunity to lead this great company." Holland
America's new CEO brings more than two decades of industry
experience and is highly regarded by other top executives in
the business. Kruse also seems well-prepared for his new role,
with a hotel school education, experience on a cruise ship
early in his career up through the ranks to hotel director, and
his role in starting Seven Seas Cruises and ultimately helping
merge it with Radisson Seven Seas, and his stint as CFO of K
Line USA.
Boyd Gaming Sets Even More Expansion for Vegas Strip
If you think major development by Steve Wynn and MGM Mirage is
the end of expansion in Las Vegas, think again. Boyd Gaming
recently spent $43 million to purchase a 13-acre parcel that is
contiguous to its Stardust casino-hotel property. The deal,
which also includes the assumption of approximately $16 million
in debt, gives Boyd control of 63 acres on and near the
Strip--a land parcel almost equal in size to MGM Mirage's
recently announced $4 billion Project CityCenter. The Stardust
land, which is bordered by Las Vegas Boulevard, Stardust Drive
and Industrial Road, has about 1,000 feet of Strip frontage.
MGM Mirage's Project CityCenter site has 1,130 feet of Strip
frontage between Bellagio and Monte Carlo. Boyd had previously
announced its intent to redevelop the Stardust, one of the
Strip's oldest resorts, but most likely will not make any
announcements concerning the Stardust and its adjoining land
until after the new Wynn Las Vegas Resort opens April 28.
Indeed, the growth in Vegas is probably never going to end!
OPPORTUNITIES WATCH!
Carnival Officially Takes Delivery of New Carnival Valor
More on the big ship watch! Carnival Cruise Lines last week
took delivery of the new 110,000-ton Carnival Valor, which will
be the largest Carnival "Fun Ship" ever based in Miami when it
launches year-round seven-day Caribbean service Dec. 19. The
$500 million SuperLiner, which was constructed by Italian
shipbuilder Fincantieri, departed Monfalcone, Italy, Dec. 1 and
is expected to arrive in Miami on Dec. 13 then operate a
special two-day Bahamas cruise Dec. 15-17. On Dec. 17, Carnival
Valor will be "officially" named in ceremonies presided over by
Katie Couric, longtime co-host of NBC News' "Today," who will
serve as the ship's godmother. Carnival Valor will then launch
a year-round schedule of alternating weeklong eastern and
western Caribbean cruises from Miami Dec. 19. Of the ship's
1,487 staterooms, 60 percent will offer either an ocean view or
a balcony.
The Ritz-Carlton to Open in Grand Cayman October 2005
The Ritz-Carlton chain just keeps expanding-even though it can
be delayed by hurricanes occasionally. The Ritz-Carlton will
open its Grand Cayman Island resort in October 2005. Originally
scheduled to open in December 2004, construction was delayed
after Hurricane Ivan. The Residences at The Ritz- Carlton,
Grand Cayman, 69 luxury condominiums adjacent to the Seven Mile
Beach hotel, will open in June. The $400 million resort is
situated on 144 acres. Upon completion, the resort will count
365 guestrooms and suites, a La Prairie Spa, five dining venues
including two restaurants by Eric Ripert of top-ranking New
York restaurant Le Bernardin, several bars and lounges, a
6,000-square-foot retail emporium featuring premium brands, the
island's largest ballroom, a tennis center by Nick Bollettieri,
the Ambassadors of the Environment by Jean-Michel Cousteau
children's program and a Greg Norman-designed nine-hole
golf course.
Gaylord Details Plans for D.C. Hotel-Convention Center
Gaylord Hotels unveiled plans for what will be the largest
combined hotel and convention center in the nation's capital
region, the Gaylord National Resort and Convention Center on
the Potomac. Situated on the scenic banks of the Potomac River
in Prince George's County, Md., the $565 million Gaylord
National will be located less than 10 miles from the national
landmarks and federal buildings of Washington, D.C. Company
officials expect the property to open in March 2008. The
property will feature: 1,500 luxurious guest rooms, including
more than 100 lavish suites; 400,000 square feet of exhibition
and meeting space; a soaring 18-story glass atrium that will
crown the hotel, with spectacular views of national monuments,
historic landmarks, and the Potomac River; a private marina
offering sailing, fishing and other water sports; Relache, a
20,000-square-foot spa and fitness center with indoor lap pool.
It will create an estimated 1,850 permanent jobs and 1,135
indirect jobs in Prince George's County. Gaylord National will
be part of the planned 300-acre National Harbor development led
by The Peterson Companies. For more information,
visit www.gaylordhotels.com.
Mandarin Oriental to Develop New Luxury Hotel in Prague
Mandarin Oriental Hotel Group is another luxury hotel chain on
the expansion path. Last week it said it will manage a new
luxury hotel currently under development in the historic centre
of Prague in the Czech Republic. The project provides the
Mandarin a unique opportunity to establish its luxury brand in
one of Europe's foremost travel destinations. Mandarin
Oriental, Prague will be a 98-room hotel, to be housed in a
building that began life as a monastery in the 14th century.
Opening in early 2006, Mandarin Oriental, Prague has been
designed as an intimate hotel featuring a contemporary, yet
elegant interior style, with exacting attention to detail,
reflective of the group's oriental heritage. The project
represents a further step in Mandarin's development strategy of
operating over 10,000 rooms in major business centers and key
leisure destinations around the world. For more information,
visit www.mandarinoriental.com.
Arlington Hospitality Retains Search Firm for CEO Post
Arlington Hospitality, Inc. has retained HVS Executive Search
(HVS) to direct the search for a new president and chief
executive officer, and that it will hold its annual shareholder
meeting on December 22, 2004. HVS Executive Search is a search
firm that specializes in the lodging industry. The search will
be led by Keith Kefgen, president of HVS. During the search
process, the company will seek and consider qualified
candidates from both outside as well as inside the company. The
company's board of directors has formed a search committee
composed of four directors who will evaluate candidates
presented by HVS and make recommendations to Arlington's full
board. The company expects to begin the search as soon as
practicable. Meanwhile, the board has appointed Stephen Miller,
senior vice president real estate and business development, to
serve as the company's interim CEO, upon the departure of
current President and CEO Jerry Herman on Dec. 31, 2004, until
a permanent CEO is hired. Miller, a 25-year hotel industry
veteran, has been with Arlington since August 2003 and, as a
key member of its business strategy committee, has been
involved in all facets of the company. Prior to joining
Arlington Hospitality, Miller held executive level hotel
development positions at Carlson Hotels Worldwide and
Wyndham International.
Penn State Hospitality Seeks Penn Stater General Manager
Penn State Hospitality Services is seeking a dynamic
hospitality professional as general manager for The Penn
Stater, one of two premier properties located on the
Pennsylvania State University main campus in State College, Pa.
The successful candidate will be responsible to lead, oversee
and manage all hotel operations, including Food and Beverage,
Front Office, Guest Services, Housekeeping, Maintenance,
Property Sales, Catering and Reservations. The recently
expanded Penn Stater features a new entrance and lobby, 300
guest rooms, banquet operations for events from private buffets
to seated dinners for up to 1,000 people, VIP off-premise
catering, two full service dining/lounge establishments and a
state-of-the-art Conference Center with 58,000 square feet of
meeting space. The post requires a masters degree or
equivalent, plus seven years of work-related experience.
Excellent written and verbal communication and interpersonal
skills required. A crisp image, a dynamic and positive
attitude, and a team player with an entrepreneurial spirit are
valued components for the position. Send cover letter and
resume to Employment & Compensation Division, Pos. #: I-19021,
The Pennsylvania State University, 120 S. Burrowes St.,
University Park, Pa. 16801 or fax 814-865-3750. The application
deadline is Jan. 31, 2005.
OPPORTUNITIES EXECUTIVE MOVERS!
AIRLINES: Dutch airline KLM, part of the world's biggest
airline by sales, Air France-KLM, named an Air France executive
to the post of chief financial officer. KLM said it planned to
appoint Frederic Gagey, who currently holds the position of
vice president-finance for Air France. He will join KLM on Jan.
1, 2005, and will succeed Rob Ruijter, who will leave KLM on
Dec. 1, 2004, to join media group VNU. Next to the appointment
of an Air France executive to the KLM Board, a KLM executive
will be appointed as a member of the executive committee of Air
France. The latter appointment will be announced in due course,
according to KLM.
CRUISE LINES: Royal Caribbean Cruises Ltd. named six executives
to key positions. The appointments relate to marine operations,
new-ship construction, shipboard hotel functions, sales and
marketing, and internal auditing. They also involve a change in
leadership at company affiliate Island Cruises. The company
promoted Harri Kulovaara to executive vice president, maritime.
Kulovaara will report to company President and COO Jack
Williams. He will have oversight responsibility for technical
operations fleetwide--covering all 29 ships in the Royal
Caribbean International and Celebrity Cruises fleets. He also
will lead all new-building activity, and direct all safety,
environment and security functions for both cruise brands. He
will join the company's Planning Committee in his new role.
Kulovaara now serves as senior vice president, Fleet
Operations, for Royal Caribbean International. Prior to this,
he was senior vice president, Marine Operations, for the brand.
The company named Captain William Wright senior vice president,
Marine Operations, for Royal Caribbean International. Wright
will direct all nautical and technical operations for the
brand's fleet. Wright now works as senior vice president,
Safety and Environment. The cruise line also appointed Michael
Bayley senior vice president, Total Guest Satisfaction, for
Royal Caribbean International. Bayley will have hotel and food
and beverage responsibility for the brand. Bayley currently
works as managing director of UK-based Island Cruises, the
company's joint venture with First Choice. Both Wright and
Bayley will report to Royal Caribbean International Executive
Vice President Adam Goldstein. Royal Caribbean also appointed
Maria Sastre vice president-sales and marketing, Latin America
and Asia Pacific, serving both brands. Sastre has been serving
as vice president, Hotel Operations, for Royal Caribbean
International. She will report to Royal Caribbean International
Senior Vice President, Marketing and Sales Dan Hanrahan. In a
related announcement, Island Cruises named Patrick Ryan as new
managing director, taking over from Bayley. Ryan now serves as
managing director of Royal Caribbean and Celebrity's
international organization in Europe. Finally, the company
named Tony Macias vice president of Internal Audit. Macias will
be responsible for auditing the operations and monitoring the
financial integrity of the company, working in close
coordination with its chief financial officer and the audit
committee of its board of directors. Macias will report to
Royal Caribbean Chairman and CEO Richard Fain.
HOTELS & RESORTS: Arlington Hospitality, Inc., a hotel
development and management company, said that Jerry Herman has
stepped down from the board of directors effective immediately
but will remain as the company's president and CEO until the
end of 2004. Arlington's board has appointed Stephen Miller,
senior vice president real estate and business development, to
serve as the company's interim CEO, upon the departure of
Herman, until a permanent CEO is hired (see item above)...
Interstate Hotels & Resorts, one of the nation's largest
independent hotel management company, promoted Sean Worker to
executive vice president, international operations and
development, Continental Europe, effective Jan. 1, 2005. In
this newly created position, Worker will be responsible for
managing the company's international operations and sourcing
business development opportunities. He will report to Hank
Ciaffone, president of international operations and
development, and will be based in London...Edward Garruto,
interim general manager of Caesars Indiana, the Midwest's
premier riverboat casino resort, has been named general manager
of the property. Garruto joined Caesars Indiana in 1997, prior
to its opening, as chief financial officer...Noble Investment
Group named three executive management team members for its
newly acquired properties in Winston-Salem, N.C. Timothy
Loughman has been named managing director of the complex that
includes the Benton Convention Center and the Adam's Mark
hotel, which is currently under conversion to a Marriott hotel
and Embassy Suites hotel. Loughman will oversee the overall
operations and conversion of the Adam's Mark hotel to the two
first-class hotel brands that will include 15,000 square feet
of street front dining, retail, spa and fitness. In addition,
Beryl Rice has been named general manager for the Marriott
hotel and James Williams has been named the director of
marketing for the complex. Loughman, a 20-year veteran of the
hospitality industry, recently joined Noble...Tom McLoughlin,
managing director, Per Aquum Resorts & Spas, announced the
appointment of Scot Toon as general manager of The Fortress, a
new resort being developed in Galle, Sri Lanka. Toon will
oversee both the pre-opening stages of The Fortress and
continued management once the property is launched in the final
quarter of 2005. He brings with him a wealth of experience
having been with Per Aquum Resorts & Spas for the past two
years. His most recent position was general manager for Dhoni
Mighili, the Maldives' holiday resort....
The Mashantucket Pequots of Connecticut have appointed a gaming
industry veteran to lead Foxwoods Development Company: Gary
Armentrout, who has been working as the tribe's chief
development officer for the past two months, said Tuesday that
the Mashantuckets have a preliminary agreement with an Arizona
tribe he would not yet identify and are putting documents in
order for a final agreement. The tribe that developed and
operates the largest casino in the world wants to help other
tribes break into the gaming business and to invest in and
manage commercial gaming opportunities in emerging
jurisdictions. The Mashantuckets formed the Foxwoods
Development Company earlier this year, with tribal members and
casino executives serving on the board of directors...Kim Pang,
interim general manager for California's Treasure Island Resort
and Casino since March, has been named general manager, ending
a one and a half year search by the Tribal Council for the
Prairie Island Indian Community for a permanent top executive.
Pang will lead a staff of 1,548 full-time, part-time and
seasonal employees at the entertainment and lodging complex
along the Mississippi River north of Red Wing....Jonathan
Kreuter has been appointed director of group sales for the
Eastern Region by Concorde Hotels. The Concorde Hotels Group
consists of more than 80 luxury properties worldwide, most in
Europe...Michael Polese has been promoted to general manager of
the Westminster Hotel in Livingston, N.J., by Westminster
Hospitality Group. Westminster Hotel was recently awarded the
elite four-diamond rating from AAA. Polese joined the hotel
shortly before its grand opening in November 2002 as director
of rooms...Strategic Hotel Capital, Inc. named James Mead as
chief financial officer. Prior to joining Strategic Hotel
Capital, Mead served as chief financial officer of Irvine
Apartment Communities (IAC), where his responsibilities
included strategic planning, fund raising, accounting and
oversight of property operations.
TRAVEL AGENCIES: American Express has appointed new general
managers of its American Express Business Travel North America
and its Consumer Travel Network, U.S.A., to replace outgoing
executives. The company selected Andy McGraw as senior vice
president/general manager for American Express Business Travel
North America, effective Jan. 2. McGraw, who is vice president
for global travel sales, replaces Pam Arway, who moves on to
become country manager of Australia. McGraw will oversee the
unit that operators American Express' corporate travel agency.
American Express also named Lynne Biggar as senior vice
president and general manager of its Consumer Travel Network,
U.S.A., effective Jan. 3. Biggar succeeds Cynthia Valles, who
was recently named executive vice president, customer services
international for American Express, based in London. Biggar
will oversee the unit that includes American Express'
representative network of travel agencies...Atlas Travel
International, Inc., a $65 million dollar travel agency in New
England, has hired Kerin McKinnon in the newly created position
of executive vice president of new business development.
McKinnon was the top salesperson in her last month with her
former employer, Alexandria, Va.-based Outtask, and prior to
that had served as the vice president of business development
for VTS Travel Direct, Inc. in Boston.
DESTINATIONS: One of Spain's most accomplished tourism
professionals has been named to head the Tourist Office of
Spain in New York. In the space of only 10 years, Javier
PiÒanes has been director of the Tourist Office of Spain in
Germany, deputy director of marketing in Madrid and later,
director of TurespaÒa. He is now charged with promoting the
country in the U.S., a market with excellent potential for
Spain. Spain is the world's second most important tourism
destination in terms of visitor arrivals and tourism revenues.
As the country's second largest industry, tourism represents
12 percent of the GDP (gross domestic product) and provides one
and a half million jobs. PiÒanes began his career in tourism in
1994 as deputy director of the Tourist Office of Spain in
Frankfurt and three years later was named director of Spain's
Tourist Office in Berlin. During that time he was also tourism
attachÈ for the Spanish Embassies in Warsaw and Moscow. He has
extensive marketing and advertising experience which he gained
as the deputy director of marketing in TurespaÒa and most
recently, as director of TurespaÒa in Madrid. TurespaÒa is the
organization in charge of the worldwide marketing and promotion
of Spain's tourism. In his new position, he will be responsible
for coordinating the efforts of Spain's three other tourism
offices in Miami, Chicago and Los Angeles and directing all of
Spain's marketing efforts in the U.S. Before beginning his
career in tourism, PiÒanes held several prominent positions in
the Spanish Ministries of Industry, Transportation and
the Interior.
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