New hotels near Aquatica sold to Richmond real estate trust
Two hotels that opened recently near SeaWorld’s Aquatica have been sold to a real estate investment trust based in Richmond, Va. Atlanta-based Grove Street Partners said Monday it sold the...
View ArticleWyndham reports second-quarter earnings of $71 million
Wyndham Worldwide Corp. earned $71 million, or 39 cents per share, in the second quarter, the company reported Wednesday. That was down from net income of $98 million, or $0.55 per share, for the...
View ArticleDisney Co. earnings will shed light on outlook for Disney World
The Walt Disney Co. will report fiscal third-quarter earnings just after 4 p.m. this afternoon, which will show just how tightly Walt Disney World and the rest of the company's theme parks are being...
View ArticleDisney annual-pass prices also rise
Regular ticket prices aren't the only thing that went up at Walt Disney World over the weekend — so did the price of annual passes. Disney increased annual-pass prices between 2.1 and 4.3 percent; the...
View ArticleHotel taxes fall 15.9 percent in Orange County
Orange County reported that hotel tax collections for June fell 15.9 percent, compared with the same month last year. That's despite what could have been a month for favorable comparisons, because...
View ArticleDisney takes on more risk to preserve time-share bank deal
With a growing number of time-share buyers defaulting on their loans, the Walt Disney Co. recently assumed more than $200million in additional liability to preserve a credit agreement between its...
View ArticleHilton Orlando names its executive committee
The Hilton Orlando near the Orange County Convention Center announced the appointment of its executive committee Friday. In addition to General Manager Doug Gehret and Director of Sales and Marketing...
View ArticleOrlando hotels finish summer with a weak month
Orlando hotel occupancy continued to slide in August, wrapping up a rough summer for the destination. The average occupancy for the Orlando market was 58 percent, a decline of 8.9 percent from August...
View ArticleDisney ‘Imagineers’ talk Fantasyland
The amusement-industry website Blooloop.com recently caught up with Chris Beatty and Jon Georges, two of the Walt Disney "Imagineers" leading the Magic Kingdom's Fantasyland expansion, to talk to them...
View ArticleAirTran announces new service between Orlando and Branson
AirTran Airways has launched new service between Orlando and Branson, Mo. The Orlando-based airline said the new flights connect “two of the most popular entertainment destinations” in its network....
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