Gaylord Entertainment has terminated its agreement to purchase
the Westin La Cantera Resort in San Antonio, Texas, citing economic
reasons. "In the current capital markets and economic environment,
we determined that it is not in the best interest of our
shareholders to focus our resources and capital on this project at
this time," said Colin V. Reed, chairman and CEO of Gaylord. The
hotel company had planned to expand the 508-room property to 1,000
rooms, with future plans taking it to 1,500, then 2,000 rooms. The
Westin offers 44,000 square feet of meeting space and two
championship golf courses.
Hilton Hotels has announced it will bring the Waldorf=Astoria
brand to Israel. The 220-room property, being constructed as part
of the 1929 Palace Hotel and Customs Building in Jerusalem, is
scheduled for completion in 2010, and will be called The Palace
Jerusalemæ- The Waldorf=Astoria Collection. Amenities will include
three restaurants, a spa with a fitness center and a pool, and an
unspecified amount of meeting space.
ASAE & The Center for Association Leadership has unveiled
new online offerings to its members. Last week, the association
launched the Online Buyer's Guide (asaebuyersguide.com), a national
resource of vendors in diverse industries of possible interest to
associations. Categories include meetings and conventions, legal
and government affairs, financial services, and office products and
services. ASAE recently upgraded its online member profile to
include a social networking tool, modeled on popular websites like
Facebook and MySpace.
NYC & Company, the marketing and tourism organization for
New York City, has named Emily Rafferty as its board's new chair.
Rafferty, president of The Metropolitan Museum of Art, has been a
board member since 2005. She replaces Jonathan Tisch, chairman and
CEO of Loews Hotels, who stepped down in February.