Archive for March, 2013

Race organizers from the Chickamauga Chase and the Salomon Rock/Creek Trail Series invite runners to a trail race taking place on April 20th at the Chickamauga Battlefield.

(PRWeb March 31, 2013)

Read the full story at http://www.prweb.com/releases/chickamauga-trail-race/chattanooga-trail-run/prweb10447001.htm

Financial Firebird announces a new Cheap Hotel Deal website with room rates matching or beating major travel sites, factor in the current bonus offer of an additional rebate and guests may find the…

(PRWeb March 31, 2013)

Read the full story at http://www.prweb.com/releases/2013/3/prweb10534766.htm

Oceaniacruiseplanner.com is running exclusive promotion on select Oceania Cruises offering up to $1500 Onboard Credit, Prepaid Gratuities, Reduced Deposit, Unlimited Internet Onboard and More.

(PRWeb March 31, 2013)

Read the full story at http://www.prweb.com/releases/oceania_Cruises_Promotion/Prepaid_Gratuities/prweb10586823.htm

RoadFish.com men’s lifestyle and finance magazine responds to a recent Forbes article that highlights America’s need for inclusive credit scores, by stating that current credit scoring models exclude…

(PRWeb March 30, 2013)

Read the full story at http://www.prweb.com/releases/2013/3/prweb10569624.htm

The Science Of Getting Rich is a newly updated program developed by Michael Beckwith, who claims to teach people how to get rich fast. A full The Science Of Getting Rich review shows if the program is…

(PRWeb March 30, 2013)

Read the full story at http://www.prweb.com/releases/how-to-get-rick-fast/science-of-getting-rich/prweb10569901.htm

Hilton Worldwide today launched a campaign to commemorate its 50th year of operations in Japan. As part of the celebrations, the leading global hospitality company has announced a series of promotions and sweepstakes that will be rolled out over the next 12 months, and unveiled its 50th Anniversary ambassador – renowned Japanese celebrity, Mr. Junichi Ishida.

"Our long relationship with Japan began on June 20th, 1963 when our founder, Conrad Hilton, opened the Hilton Hotel in Akasaka, Tokyo. As one of the first truly global hotel brands to commence trading in this country, we have been a leader in innovation and a pioneer in developing full service hospitality in Japan, and we have shared many 'firsts' with the Japanese people," said Timothy Soper, vice president, Operations – Japan, Korea and Micronesia, Hilton Worldwide. "Today, we celebrate yet another milestone as we mark half a century of operations here."

The 50th Anniversary campaign, which will run at Hilton Worldwide hotels throughout Japan, includes a series of activities and promotions such as 50 exclusive stay packages, social media campaigns and a major customer event in June.

"Japan is a very important market for Hilton Worldwide, both in terms of inbound and outbound travel and we are committed to expanding our presence in the country and contributing to the communities in which we operate. This has been the case throughout our 50 year history in Japan, and will remain so going forward," added Soper.

Hilton Worldwide currently operates 10 hotels, under the Conrad, Hilton and DoubleTree by Hilton brands, in key leisure and business locations including Tokyo, Odawara, Osaka, Nagoya, Niseko, Fukuoka and Okinawa. The company will add another property to its portfolio in 2014 – the Hilton Okinawa Chatan.

About Hilton Worldwide
Hilton Worldwide is a leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For 93 years, Hilton Worldwide has offered business and leisure travelers the finest in accommodations, service, amenities and value. The company is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands. Its brands are comprised of more than 3,900 hotels and timeshare properties, with 650,000 rooms in 90 countries and territories and include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages the world-class guest reward program Hilton HHonors®. Visit www.hiltonworldwide.com for more information and connect with Hilton Worldwide at www.facebook.com/hiltonworldwide, www.twitter.com/hiltonworldwide, www.youtube.com/hiltonworldwide, www.flickr.com/hiltonworldwide and www.linkedin.com/company/hilton-worldwide.

— WebWireID172405 —

InterContinental Hotels Group PLC (IHG) [LON:IHG, NYSE:IHG (ADRs)] today announces it has agreed to sell InterContinental London Park Lane ('the Hotel') to Constellation Hotel (Opco) UK S.A., which is an affiliate of Constellation Hotels Holding Limited, a Middle Eastern private investment group. IHG's leasehold interest in the Hotel has been sold for gross cash proceeds of £301.5m ($457m*), 62% above 31 December 2012 net book value.

IHG has secured a 30 year management contract on the Hotel, with three ten year extension rights at IHG's discretion, giving an expected contract length of 60 years. Management fees are expected to be approximately £4m ($6m*) per annum.

The Hotel was opened in 1975 as a purpose built InterContinental and has been wholly owned by IHG since 1999. The Hotel generated revenues of $89m, EBITDA of $39m and EBIT of $33m in 2012.

The transaction is expected to complete in the second quarter of 2013, subject to the satisfaction of certain standard conditions. The proceeds will be used for general corporate purposes, with £61m ($93m*) used to provide security over UK pension liabilities which were previously secured against the hotel.

IHG indicated in November 2012 that the Hotel would be the next major asset considered for sale and announced on 19 February that the Hotel was being actively marketed for disposal. Since becoming a standalone company in April 2003, on completion of this disposal IHG will have sold 191 hotels for proceeds of $6.1bn.

Richard Solomons, Chief Executive of IHG, commented:

'The transaction we have announced today to sell InterContinental London Park Lane highlights the value of our asset portfolio and the attractiveness of InterContinental as one of the world's leading luxury hotel brands. It is another step in our long standing commitment to reduce the capital intensity of IHG. We are very pleased to be working closely with Constellation Hotels, a respected hotel investor, who will be a great partner and with whom we look forward to building a long term relationship.'

Transaction Details:

1. The purchasing entity is Constellation Hotel (Opco) UK S.A..

2. The Hotel has 447 guest rooms.

3. The net book value of the assets sold was £186.6m ($302m) as at 31 December 2012.

4. At current exchange rates the transaction will give rise to an estimated group reported exceptional pre-tax profit on disposal of c.$150m*, with an exceptional non-cash tax charge estimated at c.$30m*.

5. Net cash proceeds are expected to be c.$446m* after:

a. Estimated transaction costs of c.$9m*;

b. Estimated payment of $2m* to settle the pension liabilities of current and former hotel employees.

Note: $93m* of the cash proceeds will be used to provide security over UK pension liabilities which were previously secured against the Hotel.

6. The Hotel assets have been sold on a 16.3.x post fees and post FF&E reserve 2012 EBITDA multiple.

*$ equivalents have been converted at current exchange rates with final $ amounts dependent on the exchange rate on the date of completion

Notes to Editors:

IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with nine hotel brands including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites®, EVEN™ Hotels and HUALUXE™ Hotels & Resorts. IHG also manages Priority Club® Rewards, the world's first and largest hotel loyalty programme with over 71 million members worldwide.

IHG franchises, leases, manages or owns over 4,600 hotels and more than 675,000 guest rooms in nearly 100 countries and territories. With more than 1,000 hotels in its development pipeline, IHG expects to recruit around 90,000 people into additional roles across its estate over the next few years.

InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales.

Visit www.ihg.com for hotel information and reservations and www.priorityclub.com for more on Priority Club Rewards. For our latest news, visit www.ihg.com/media, www.twitter.com/ihg, www.facebook.com/ihg or www.youtube.com/ihgplc.

— WebWireID172398 —

Venice, one of the world’s renowned cities of love (besides Paris, of course) is recommended as a holiday destination by Otel.com – the website has launched its new hotels at discount for the month of…

(PRWeb March 29, 2013)

Read the full story at http://www.prweb.com/releases/2013/3/prweb10556665.htm

This award-winning St. Augustine bed and breakfast offers "The Mother of All Weekend Packages," a special gift to celebrate Mother's Day.

(PRWeb March 29, 2013)

Read the full story at http://www.prweb.com/releases/2013/3/prweb10566632.htm

Niagara Falls' very own Comfort Inn Clifton Hill, is pleased to announce it has been selected as top ten winner in the 'Family Hotels' category by TripAdvisor in its 2013 Travellers' Choice® awards.
 
Now in its eleventh year, the annual TripAdvisor Travellers' Choice awards honour the world's best hotels, earning their distinction from those who know them best – real travelers. Unlike any other hotel honours, TripAdvisor Travelers' Choice winners are based on millions of valuable reviews and opinions from travelers around the world.
 
Conveniently located one block from the awe-inspiring Niagara Falls lookout, amidst a variety of tourist attractions, Comfort Inn Clifton Hill is an ideal destination for families looking to explore the sights and sounds of Niagara Falls, Canada. Outstanding package offers, affordable rates, and complimentary services including free WIFI and free deluxe breakfast help to eliminate 'extra' expenses, and keep families coming back to this Niagara Falls gem. Also, the hotels 'Build a Package' booking system provides a winning addition that is perfect for creating tailor made adventures in Niagara Falls.
 
"Receiving the award is a great honour and wonderful for our associates to see that their hard work in hospitality goes a long way in meeting and surpassing our guests expectations" says, Patrick Clary, Director of Sales, Comfort Inn Clifton Hill.
 
'TripAdvisor is once again thrilled to recognize the world's most outstanding hotels with the help of more than 75 million reviews and opinions from travelers around the globe,' said Christine Petersen, president, TripAdvisor for Business. 'From the best bargain hotels to top luxury properties, outstanding service, value and quality are the hallmarks of our Travelers' Choice winners.'

For reviews on the Comfort Inn Clifton Hill, go to tripadvisor.com.
 
To see 2013 Travellers' Choice winners, go to tripadvisor.co.uk/TravelersChoice.
 
Reservations at the Comfort Inn Clifton Hill can be made by calling 1-800-263-2557 or by visiting www.niagarafallscomfort.com

— WebWireID172337 —

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