France
expects drop in 2002 tourism
(AFP)
- Tourist numbers in France are likely to be down in 2002 but the fall
will probably only be temporary, French Secretary of State for Tourism
Leon Bertrand said on Monday.
"It will be perhaps less good than 2000 or 2001... it
has stagnated," he said, some three weeks before official figures
are due to be published by his ministry.
Bertrand
said that the summer tourist season, the most important time for the
French industry, had a mixed July but that August showed a revival in
the sector, adding that 2003 was likely to be a good year.
Americans
and Asians were almost certainly fewer this year than they have been
in the past, in part due to the September 11 attacks but also because
of economic slow down, he said, noting that numbers had been falling
even before September 11.
But
he said they had to some extent been replaced by increased numbers of
Dutch, German and Belgian tourists.
They
had been attracted in part by the good rail links between their
countries and France which meant they did not have to travel by air.
"As
long as we react and adapt correctly in the years to come we will see
a strong growth in our tourism for our economy," he said.
He
added that he thought the stagnation was likely only to be temporary
and praised the willingness of both state run bodies promoting tourism
and private operators to adapt.
Britain
gets tourism boost
BRITAIN'S
battered tourist industry has received a welcome boost. Latest visitor
figures show foreigners made 2.9m visits in July compared with 2.2m in
the same month last year. They spent £1.4bn against £1.3bn the year
before, the Office for National Statistics said.
The
July figures, which followed a succession of falls, took the number of
visits in the year that far to 14m - up on the 13.6m figure for
January to July 2001. In that time, tourists spent £6.4bn against £6.5bn
for the same period last year. The figures have to be compared to a
period of 2001 when foot-and-mouth caused a plunge in arrivals.
British
residents made 6.6m trips abroad in July, spending £2.9bn compared
with 6m trips in July last year, when £2.6bn was spent.
Source:
Thisislondon.com
England,
Wales and Scotland join forces with ‘Tourism UK’
e-Tid.com
-
The English Tourism Council, Wales Tourist Board and
VisitScotland have launched ‘Tourism UK’ – a federation for
British tourism’ to lobby the government for improvements in
funding.
Travel Weekly reports Tourism UK, whose slogan is ‘One
Voice’, will be meeting with MPs such as culture secretary Tessa
Jowell and tourism minister Kim Howells to demand extra recognition
for domestic tourism. It is the first time the three countries’
tourist authorities, which between them control around £80m of public
money, have launched a collective body to lobby government.
Phillip Evans, Wales Tourist Board chairman, told TW: ‘It is
amazing that after 30 years we have not got together for a pan-UK
discussion of the issues. We wanted to make our point known at a more
senior level of government…Domestic tourism is overlooked, despite
providing 85% of tourism’s yield.’
Inbound tourists to the UK are still below 2001 levels, despite it
being the year of the foot and mouth crisis. The British Incoming Tour
Operators’ Association (BITOA)’s ‘Business
Barometer’ for July 2002, released earlier this week,
showed visitor numbers 4.68% down on the same month of last year.
Sheraton's
Promise to Guests: A Great Stay Or We Pay
(BUSINESS
WIRE) -- Tired of shoddy service?
So is Sheraton Hotels & Resorts and the hotel company is
putting its money where its mouth is with its new Service Promise.
Beginning today, slow room service, a wake up call that fails to
arrive, a lumpy bed, or even a missing bar of soap will not only get
fixed on the spot when possible but will warrant guests' compensation
at all 200 Sheraton hotels in the Continental U.S. and Canada.
No
matter what the problem, guests who are unsatisfied need only tell a
hotel associate and they will automatically receive compensation.
Here's how the Sheraton Promise works:
- If a guest experiences an inconvenience such as missing bath
amenities, slow check in, or billing problems he or she will
receive an apology plus a $15 value or 500 Starwood Preferred
Guest points.
- A large problem that the hotel can fix like a room that isn't
clean, problems with the heating or controllable noise will
result in an apology plus a $25-$75 value (based on the
hotel's average daily rate). Guest's are offered several
options for compensation including a credit toward the stay, a
gift certificate for a future Sheraton stay, amenities such as
spa services or Starwood Preferred Guest points.
- Slow room service, no wake up call, uncontrollable noise, poor
food quality, a bad bed or other large problems that cannot be
fixed will result in an apology plus credit for a free room
night or meal; or a gift certificate good for one night at
another Sheraton; or Starwood Preferred Guest points.
PROMISE
IS A SIGN OF NEW TIMES AT SHERATON
According to Barry S. Sternlicht, Chairman and CEO of
Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT), the Sheraton
Promise is designed to tell travelers that Sheraton is a different
hotel company than it was five years ago, or even last year.
"For many years, travelers felt they could not count on
a consistent Sheraton product from one city to the next, which was a
huge frustration," said Sternlicht. "We have spent several
years improving the brand, investing more than $1 billion primarily in
renovations, significantly toughening up brand standards, policing
hotels that continually failed to provide good service and, in many
cases, disenfranchising hotels that would not or could not meet
Sheraton's standards.
"Guests who have stayed at Sheraton in the last 12
months have noticed the improvements. The brand's Guest Satisfaction
scores, measured by a third party, have increased significantly since
1999. The Service Promise is a way to tell travelers that may not have
stayed with us for a while that it's a new day at Sheraton and when it
comes to service and quality, we promise to ensure a great stay."
MORE IMPROVEMENTS IN THE WORKS INCLUDING SHERATON'S NEW LOOK
Following the lead of its sister brands W Hotels and Westin,
the Sheraton brand is investing in improved comfort and consistent
design. New beds, called the Sheraton Sweet Sleepersm Beds, have begun
to roll out in hotels throughout North America. Featuring a Sealy
Posturepedic Plush Top mattress, down pillows, crisp sheets and duvets
in rich colors, the beds are the highlight of the room. It's a bed one
might find in a beautiful home rather than the outdated polyester
bedspreads, foam mattresses and cheap pillows typical in most chain
hotels.
In addition, Sheraton's elite design team, recruited from
Ralph Lauren, Holly Hunt, and Williams-Sonoma has revamped Sheraton's
room design and created a second prototype Sheraton guestroom. Dubbed
The Westchester Room, the room's traditional design is "Ralph
Lauren-like" with rich jewel-tone colors; new wall coverings,
mahogany desks and of course, the new Sheraton bed.
The room is accessorized with attractive chrome hooks for
luggage and toiletry bags; stylish sconce lighting to address poor
lighting complaints that plague the hotel industry, and laptop-size
safes - little touches that tell the Road Warrior that Sheraton
understands their particular needs.
OVERHAUL OF SHERATON'S FLAGSHIP
Starwood is investing more than $50 million to upgrade its
most profitable hotel, the 2,400-room Sheraton New York Hotel &
Towers, the largest hotel in the Sheraton brand. The hotel will soon
feature The Westchester Room and the public space will feature a warm,
club-like aesthetic inspired by New York landmarks.
Starwood Hotels & Resorts
Worldwide, Inc. is one of the leading hotel and leisure companies in
the world with more than 740 properties in more than 80 countries and
110,000 employees at its owned and managed properties. With
internationally renowned brands, Starwood is a fully integrated owner,
operator and franchiser of hotels and resorts including: St. Regis,
The Luxury Collection, Sheraton, Westin, Four Points by Sheraton, W
brands, as well as Starwood Vacation Ownership, Inc., one of the
premier developers and operators of high quality vacation interval
ownership resorts. For more information, please visit www.starwood.com
Hotel
Goofs and Gaffes; Sheraton Hotels and Resorts Launches First Ever
Written Service Guarantee Alleviating Top Ten List of Travel Woes
Is
your hotel mattress lumpier than your wife's mashed potatoes?
Did
your room service dinner arrive just in time--for breakfast? And did
you sprout a few new gray hairs waiting on line for check-in?
Bad
beds, slow room service and interminably long check-in lines are just
three pet peeves plaguing the hotel industry according to Sheraton
Hotels & Resorts Worldwide, Inc.
"Hotels
constantly monitor `service failures' which is simply a fancy way of
saying service goofs," said Robert Cotter, Chief Operating
Officer of Starwood Hotels & Resorts Worldwide, Inc (NYSE:HOT),
Sheraton's parent. "Industrywide, there are what I like to call
the Big 10 - ten gaffes that really drive hotel guests nuts, and which
they encounter far more than they should."
"BIG 10" Hotel Complaints
1. Wrong Room (wrong size bed, wrong view, smoking/non smoking room)
3. Bad Bed (hard mattress, poor quality, not enough pillows, etc)
5. Missing Bathroom Amenities
6. Slow Room Service/Restaurant/Bar Service
7. Uncontrollable Noise (train running, garbage truck)
8. Billing Errors (incorrect posting of charges to bill)
"While our goal with The Sheraton Service Promise is to
eliminate poor service all together, if a guest does have a problem,
any problem, we promise to fix it when possible, and make the
situation right by compensating guests for a less than great
stay," said Cotter.
The Sheraton Service Promise is the latest initiative
designed to upgrade the brand and let travelers know that things are
different at Sheraton today. During the last several years, more than
$1 billion has been invested in the Sheraton brand, primarily in
renovations; brand standards have been added and enforced; and hotels
that failed to meet service criteria have been disenfranchised.
Guest satisfaction scores at Sheraton hotels have steadily
increased over the last two years, and the company expects the rise to
continue with programs like the Sheraton Service Promise, plus new
beds and room design set to debut during the next six months.
Starwood
Hotels & Resorts Worldwide, Inc. is one of the leading hotel and
leisure companies in the world with more than 740 properties in more
than 80 countries and 110,000 employees at its owned and managed
properties.
With
internationally renowned brands, Starwood is a fully integrated owner,
operator and franchiser of hotels and resorts including: St. Regis,
The Luxury Collection, Sheraton, Westin, Four Points by Sheraton, W
brands, as well as Starwood Vacation Ownership, Inc., one of the
premier developers and operators of high quality vacation interval
ownership resorts. For more information, please visit www.starwood.com.
News
from Cornell’s Center for Hospitality Research
ITHACA, N.Y. — How have hotels responded to the industry
crisis that worsened following the terrorist attacks last Sept. 11?
How can airlines identify and control unruly passengers? How much debt
is too much for hotel properties in crisis to take on? The answers to
those, and many other questions relevant to hospitality and travel
industry practitioners, can be found at www.hotelschool.cornell.edu/chr
The web site of the Center for Hospitality Research at
Cornell University’s School of Hotel Administration, the world’s
premier hotel school, has been publishing the latest research on
industry trends and statistics since its inception in 1999. The site
continues to grow, attracting a broad audience of industry
professionals, with web site traffic in 2002 up 310 percent from the
previous year.
“The web site’s heavy traffic demonstrates the
industry’s interest in the research studies that we have posted,”
said Professor Cathy Enz, director of the Center for Hospitality
Research (CHR). The site’s content includes the CHR Reports research
series and highlighted articles from the Hotel School’s
award-winning journal, Cornell Hotel and Restaurant Administration
Quarterly. In addition to the studies cited above, here are summaries
of relevant research now on the site:
• “The Influence of Gas Price Fluctuations on
U.S. Lodging Demand” demonstrates that when gas prices rise, demand for
hotel rooms drops commensurately.
• “Strengthening
the Purchaser-Supplier Partnership” shows that trust and
communication between food-service purchasers and suppliers gives
restaurateurs a competitive advantage.
• “Developing
the Full Picture on Hotel Industry Averages” reveals that
the most frequently used tool for measuring hotel performance can
produce distorted results – and offers a more accurate measurement
approach.
• “A Contemporary Model for Human Resources” provides a
model of HR department-as-consultant that puts decision making in its
most effective location – with the manager on the job.
The CHR web site also carries an annual compendium of
research publications by all Cornell Hotel School faculty members as
well as a glimpse of research in progress through summaries of working
papers.
The CHR, which sponsors research
aimed at improving the hospitality and travel industry’s fundamental
operating knowledge, now has 19 corporate partners, sponsors
and friends. “These companies give us valuable connections
throughout the industry and in all corners of the world,” said Enz.
“By joining the center, they become part of a strategic effort to
expand the industry’s knowledge.”
Current partners
and sponsors of the CHR are: Bartech Systems International; Cornell
Hotel Society Foundation; Four Seasons Hotels and Resorts; Richmond
Events (Food & Beverage Forum); Willowbend Golf Management; and
Windsor Hotels. CHR Friends now include: ehotelier.com; Gazelle
Systems, Inc.; hospitalitynet.org; Hotel Asia Pacific; Hotel China;
Lodging Hospitality; Resorts + Recreation; National Hotel Executive;
Smith Travel Research; Shibata Publishing Co. Ltd. (The Hotel &
Ryokan Monthly Japan); The Lodging Conference; The Hospitality
Research Group of PKF Consulting; and WiredHotelier.com.
For more information on the Center for Hospitality Research
call (607) 255-9780 or visit the CHR web site listed above.
For latest hospitality industry research – including
aftershocks of 9/11 on hotels, airlines – see this Cornell Hotel
School web site www.hotelschool.cornell.edu/chr


Crains -
New York's tourism industry suffered a blow of nearly $1
billion from domestic travelers last year because of the double-whammy
of the recession and the terrorist attack, according to figures
released Wednesday by NYC & Co., the city's tourism organization.
This year's picture remains bleak as well, as declining room rates
offset rebounding occupancy to drive profits down 10% to 15%. The
employment picture has improved from a loss of nearly 20,000 jobs
right after the attack, with the industry regaining about 4,000 of
those positions.
Figures for international travel to New York, slated to be released
next month, are expected to show declines of 10% or more in spending
and visitor counts compared with the prior year. International
visitors spent $7.2 billion visiting the city in 2000. They are
particularly prized by the tourism industry because they spend more
and stay longer than their domestic counterparts.
"The decrease is having a profound negative effect on New York
City," says Cristyne Nicholas, president of NYC & Co.
"There are fewer international visitors in New York City than the
year prior, which means less spending."
Domestic visitor spending dropped 10% to $8.8 billion last year
compared with 2000. Domestic visitor counts rose slightly last year to
29.4 million, but travelers stayed for shorter periods than in 2000.
Visitor days decreased 1% to 64.67 million from 65.3 million.
The profile of visitors to the city changed as well. Visits have
increased from leisure travelers, a penny-pinching group, while
deep-pocketed corporate travelers stayed away. Last year a leisure
visitor spent an average of $145 per day while a business traveler
spent an average of $241 per day. Many business travelers came in just
for the day, avoiding an overnight stay.
Sol
Melia's Escarrer warns FY results to be lower than expected
AFX -
Sol Melia SA's full-year results will be
lower than expected in the wake of this year's disappointing tourist
season, Expansion reported, citing comments by chairman Gabriel
Escarrer.
"Full-year
results will not be as good as we had hoped," Escarrer was quoted
as saying by Expansion.
He noted that "the current tourist season
has not been good."
Escarrer
expects the number of German tourist arrivals to Spain's Balearic
islands to be around 1.1 mln less than last year, a development which
will lead to the closure of some of the group's hotels in Mallorca by
the end of this month.
September
is expected to be a "bad month," Escarrer said.
Sol
Melia has already cut its full-year EBITDA growth forecast to 0-4 pct
from 15 pct previously following the release of first half results
last month.
The
company had already cut forecasts in the wake of the Sept 11 attacks
on the US.
Dallas
Hotel Market Update
Written
by: Rod Clough
HVS International
Dallas
has been the site of declining hotel occupancy and average rate levels
through the first half of 2002, influenced primarily by the downturn
in the tech and telecommunications sectors as well as other secondary
factors. According to Smith Travel Research, occupancy for the
six months ending June 2002 dropped to 57.0% for the MSA, off from
almost 62.0% a year earlier. After virtually closing the
occupancy gap in April, May and June occupancy declines have been
modestly lower than declines experienced in the first quarter.
Also
according to Smith Travel Research, average rate has dropped by 4.0%
thus far in 2002, to just over $80.00 from $83.75 in 2001.
Declines in rate were less significant in February and April, while
the greatest declines have been experienced in January, March, and
June.
Various Dallas sub-markets became
over-heated during the tech boom of the late 1990s and into 2000, as
unprecedented business levels were seen at major telecom and tech
powerhouses throughout the city. Dallas MSA unemployment hit its
low in December of 2000 at 2.6%. Key players, such as Texas
Instruments, Nokia, Nortel, and Alcatel, to name a few, drove hotel
demand to never before seen levels.
Following
the tech bubble burst, demand from these sources declined during the
last three quarters of 2001 and has remained at standstill levels for
much of 2002. By June 2002, unemployment reached its highest
level for the year, at 7.5% (unemployment last topped 7.5% in June of
1992). While many of these companies are now touting leaner,
meaner operations and business models that are poised for recovery
over the next three to five years, others are still retooling and
reorganizing, announcing occasional layoffs and reorganizations.
Hotels
able to draw from a diversified base of demand have fared better, but,
few hotels have been completely spared from the city’s business slow
down. Downtown hotels are looking forward to the unveiling of
the expanded and renovated convention center, which should help
support a recovery in the coming years. The city is touting the
new 203,000-square-foot hall as the world’s largest column-free
exhibit space, and altogether the center will offer over 900,000
square feet of exhibit space - the most in the state. The project is
scheduled for completion in September, and a grand opening celebration
is planned for December.
The
city’s normally bustling Dallas Market Center (DMC) experienced a
downturn in hotel room night generation during the first half of 2002,
continuing its slide from the peaks experienced in January and October
of 2000. The first quarter and the fall months of September and
October are normally the brightest spots for this sub-market,
providing demand which overflows into the Brookhollow and CBD
sub-markets.
Market
Center hotels typically see occupancy levels above the 70-percent
mark, and rates at or above $100 overall; January and October are
particularly strong, normally spiking the market average rates over
$120. On the heels of an expected brighter September and October
ahead, we expect some strengthening in this sub-market during the
first quarter of 2003. January 2003, in particular, is poised to
be a strong month for the Markets, with roughly 10 events scheduled,
including the highly attended gift, apparel, and furniture markets.
Hotel
demand associated with DFW International Airport has declined
concurrent with its lower activity levels. For the first half of
the year, passenger activity at D/FW International was off just under
11.0%, mirroring the decline in American Airlines traffic, which
represents roughly 70% of the airport’s activity. American
Airlines is working hard to streamline its operations in order to
remain in business. On August 22, the company, which is
headquartered at the airport, announced plans to consolidate its
operations into two buildings from its current 11-building campus.
Delta, which represents the next greatest share at roughly 17%, was
down a lesser roundly 5.0% in activity for the first half of the year.
Fortunately, the passenger gaps are shortening somewhat, with declines
in May and June less significant than declines in earlier months.
Construction on the airport’s new international concourse is also
continuing and is on schedule. Despite the recent declines in
activity, D/FW remains a leader in nationwide airport operations, with
almost 26 million total passengers passing through the facility during
the first half of 2002.
Growth
continues to push northward, with Grapevine, Frisco, Southlake, and
Flower Mound, among other outlying communities, seeing expansion.
Relocations are also occurring within the Dallas area, as some
companies move northward to newer office spaces (now available at
attractive prices) or otherwise consolidate operations in order to cut
costs. The next five months should continue to show stabilizing
trends, as the convention center comes on-line, companies continue to
streamline and re-organize operations, passenger activity at the area
airports stabilize, and activity at other market drivers, such as the
Dallas Market Center, improve from fall 2001 levels. A positive
turn towards recovery is expected for 2003.
Rod
Clough
Managing Director
HVS International
Suite 101
2601 Sagebrush Drive
Flower Mound, TX 75028
972-410-2002
Hong
Kong well placed to become Asia's leading cruise hub
AsiaTravelTips.com
- Worldwide cruise
passengers are expected to reach 13.6 million by 2005 and Asia-Pacific
will be one of the fast-growing areas in this market, a study
commissioned by the Hong Kong Tourism Board (HKTB) reveals.
The study by consultants Bermello, Ajamil & Partners
shows that new cruise vessels coming into service are getting longer
and larger. Already, 36 new vessels are scheduled to join the fleets
of the major cruise operators worldwide in the next three years,
providing 75,000 new floating beds.
In 2001, the Asia Pacific Region generated 840,000
conventional cruise passengers, equivalent to 4.5 million bed-nights
(the total number of nights spent on board). This is forecast to grow
by up to 10% per annum over the next 10 years. The report shows that
Hong Kong, already the second busiest cruise port in the region, is
especially well-placed to develop as a hub for cruising in South China
and the Far East.
Presenting the study findings today (5 September), HKTB
Executive Director Clara Chong noted that international cruise
passengers were a particularly important contributor to the tourism
industry because they tended to come from higher income brackets.
"The report estimates that the economic benefit of the cruise
sector to Hong Kong could reach as much as HK$3.3 billion by
2010," she observed.
"It is not difficult to think of some of Hong Kong's
natural advantages as a cruising hub," Ms Chong added. "Our
spectacular harbour is clearly a major selling point, but also
important are our standing as a major international air transport hub,
our prime location at the gateway to Mainland China and, of course,
our well-established position as Asia's most popular single tourism
destination.
"However, to help us make informed decisions on how
best to market Hong Kong as a cruise destination over the next five or
ten years, we need more detailed growth figures and forecasts,"
Ms Chong explained.
"In commissioning this study, we wanted to obtain a
reliable analysis of worldwide cruise capacity, of annual ship
deployment patterns, of worldwide cruise passenger profiles and source
markets, of demand forecasts for cruise passengers and of potential
competitors. All this information will enable us to develop more
focused and effective short, medium and long term marketing plans and
strategies for the cruise market."
The consultants' study notes that the North American market
offers especially high potential for both first-time and repeat
business, with research showing that 43 million people from North
America plan to take a cruise in the next five years, and 80% of those
who have already been on a cruise plan to take another. Prospects for
the European and Asian markets also look encouraging as incomes and
leisure time increase, and air transport is made more accessible.
Mainland China offers considerable longer-term potential as its
economy continues to grow.
Scott Lagueux, Partner of Bermello, Ajamil & Partners,
said that Hong Kong was in a strong position to benefit from this
steady growth. "The feedback we received from the 16 major
operators we interviewed for this study was very positive towards Hong
Kong as a cruise destination, rating it as a 'must' on Asian
itineraries," he commented.
Hong Kong will enjoy natural growth in cruise market volumes
as the Asia-Pacific region's economy develops, Mr Lagueux observed,
but it can increase the benefit by working with international cruise
operators to help them develop products and itineraries that can
appeal to international consumers, and raise interest in cruising in
the regional market.
Mr Lagueux emphasised that to optimise long-term business
opportunities and achieve the maximum projected economic benefit for
Hong Kong, there were three key success factors: more berths,
streamlined logistics and aggressive marketing.
Ms Chong noted that the HKTB was already working closely
with regional operators to develop new, Hong Kong based packages, as
well as aggressively promoting Hong Kong's advantages to the major
international cruise lines. "We have so far secured 24
international ship calls, involving 14 different operators, for
2003," she said. "We expect the final number to be much
higher.
"Our overall aim is to help each cruise line develop
more programmes involving Hong Kong, differentiate their products from
competitors and maximise their financial returns," Ms Chong
concluded. "By doing so, we can also help to maximise the
economic contribution of this important and exciting market to Hong
Kong's tourism industry."
Kempinski
Introduces A 10% Rebate For Meetings Bookings
September
2002; Kempinski Hotels & Resorts, Europe's oldest luxury hotel
group, has introduced a 10% rebate programme - called Meetings Bonus -
to reward loyalty when booking events in its hotels in Germany. 10% of
the rooms element of a first booking can then be used as payment for
up to a maximum of 30% of the value of the rooms element of the second
booking, even if this is at a different Kempinski hotel in Germany.
This cost saving is in addition to the benefits already offered by
Meetings Concierge. Available in all Kempinski properties worldwide,
this promises to respond to all inquiries within 24 hours, offers one
contact person throughout the event and clear billing within one week
of the event.
Kempinski Hotels & Resorts' prestigious portfolio comprises over
30 luxurious properties in Europe, the Middle East, Africa, South
America, Asia and Australia. Each offers superior standards of service
combined with a distinctive style, which reflects the individuality of
the location. Landmarks include Hotel Adlon in Berlin, Ciragan Palace
Hotel Kempinski in Istanbul, Grand Hotel Europe in St Petersburg and
Palazzo Versace on Australia's Gold Coast.
Boca
Resorts to release Quarterly earnings on September 12, 2002
/PRNewswire/ Boca
Resorts, Inc. (NYSE: RST) today announced that it will release its
results of operations for the three months ended June 30, 2002 on
September 12th. The Company will host a conference call for investors
that morning at 10:00 a.m. eastern time.
Company officials David S. Feder, President and
Chief Operating Officer; William M. Pierce, Senior Vice President and
Chief Financial Officer; and Steven M. Dauria, Vice President and
Corporate Controller, will participate in the call. To listen,
domestic callers should dial (888) 276-0006 approximately five minutes
before the scheduled start time and request to be connected to the
Boca Resorts, Inc. fourth quarter conference call. A continuous replay
will be offered from 1:30 p.m. on September 12th until 11:59 p.m. on
October 12th and may be accessed by dialing (800) 475-6701 in the U.S.
or (320) 365-3844 for international callers (you will then be prompted
to identify the access code, which is 650239).
Boca
Resorts, Inc. owns luxury resort properties and golf courses in
Florida. The Company's Florida resort and golf portfolio includes the
Boca Raton Resort & Club in Boca Raton; the Registry Resort at
Pelican Bay, the Edgewater Beach Hotel and Naples Grande Golf Club in
Naples; and the Hyatt Regency Pier 66 Hotel and Marina, the Radisson
Bahia Mar Resort and Yachting Center and Grande Oaks Golf Club in Fort
Lauderdale.