Meeting and incentive firm Maritz
Inc. announced its intention to sell a controlling stake of its
European meeting and incentive businesses, Maritz Europa Ltd., to
Grass Roots Group PLC, a U.K.-based performance improvement firm.
Maritz will have a a minority equity interest in the U.K. company.
The agreement does not include the Maritz Research business, which
has offices in the United States, United Kingdom, Canada and
Donald Trump is building a resort in
Panama City, Panama, to be called the Trump Ocean Club,
International Hotel & Tower. To open in 2009, the $220 million
project's 65-story tower will offer approximately 300 condo-hotel
units and an additional 500 condominium units, as well as a casino,
a spa and meeting space. Also planned is a beach club on Contadora
Island (a 20-minute flight from Panama City), one of the Pearl
The Hilton Cancun Golf Resort & Spa
will reopen May 1. One of the properties most damaged by last
year's Hurricane Wilma, the resort has undergone a $40 million
renovation that essentially created a new hotel. The beach at the
426-room property has been widened, and the 30,000 square feet of
meeting space has been rebuilt. The 18-hole golf course, the only
one in Cancun's hotel zone, also has received a makeover.
Opening in Las Vegas on May 1 is the first
phase of The Signature at MGM Grand, a hotel within the MGM Grand
that adds 576 suites for a new total of 5,610 rooms. Amenities
include separate check-in and a fitness center with a gym and
several outdoor pools. Phases II (to open in December) and III (May
2007) of the project each will add a hotel tower with 576 suites,
for a combined guest room total of 6,762. The Signature buildings
have no meeting space of their own; the MGM Grand has 501,000
Cendant Corp. on Monday announced it would
explore a possible sale of its Travel Distribution Services unit,
comprising brands such as the online travel site Orbitz, Galileo
(the global distribution system), Gullivers Travel Associates (a
travel wholesaler) and CheapTickets.com. Recently, Cendant
announced its intention to spin off its travel division to
shareholders by October, but the possibility of a sale that
reportedly could generate $4 billion for Cendant has superseded
An InterContinental hotel, residence and
office tower is coming to Nashville. Construction is expected to
start in late summer, and the 285-room hotel will open in 2009.
InterContinental Hotels & Resorts signed a 20-year deal with
local real estate developer Alex S. Palmer & Co. to manage the
property, which will include 18,000 square feet of meeting space, a
spa and fitness center, restaurants, and a lounge.
The American Collegiate Conference
Education Directors - International and the International
Association of Association Management Companies have joined the
Convention Industry Council, bringing the total number of CIC
member organizations to 32. The 1,500-member ACCED-I assists those
who plan meetings at colleges in the United States, Canada and the
United Kingdom. IAAMC's 143 members provide management services to
2,000 associations throughout the world.
The Pan Pacific Hotel in San Francisco has
been rebranded as the JW Marriott Hotel San Francisco. The 338-room
hotel will be given a multimillion-dollar renovation over the next
two years to bring it up to brand standards. The property offers
14,000 square feet of meeting space.
The Mashantucket Pequot Tribal Nation,
owner of Foxwoods Resort Casino in Connecticut, announced on
Tuesday that it will partner with MGM Mirage to develop Foxwood's
$700 million expansion, which broke ground last November. The
nation also announced the new 825-room hotel tower an MGM Grand,
will be managed by MGM.