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Doubletree Inc

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BUSINESS
November 14, 1996 | Times Staff and Wire Reports
Phoenix-based Doubletree Corp. named Richard M. Kelleher president and chief executive. . .
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BUSINESS
March 13, 1998 | DARYL STRICKLAND
The Doubletree Guest Suites in Dana Point has completed a six-month, $3.5-million renovation that upgraded its lobby and 196 rooms, expanded its meeting space and improved its Mediterranean-theme restaurant. The small beachfront hotel, adjacent to Dana Point Harbor, was opened as a Hilton Inn Dana Point in 1992 and converted to a Doubletree last year. This was the hotel's first major renovation. Focusing on small groups and receptions, the Doubletree added a fifth meeting room to boost capacity.
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CALIFORNIA | LOCAL
October 25, 1995
Uniformed employees at two Westside Doubletree hotels are getting the chance to be charitable--and feel comfortable while they're doing it. The hotels, one near Los Angeles International Airport and the other in Santa Monica, are allowing employees to trade uniforms for casual wear one Friday a month. However, the employees must pay $3 to participate in the so-called "casual day"--all the money collected goes to a different charity each month.
BUSINESS
January 13, 1998 | E. Scott Reckard
The Spectrum, the 5,000-acre Irvine Co. business park with 2,200 companies and 44,000 employees, is getting its first business hotel, the Irvine Co. announced Monday. A Doubletree hotel with 252 rooms and meeting facilities is to open in summer, 1999. It will be built between Alton and Barranca parkways at the Laguna Freeway on 4.3 acres that the Irvine Co. has sold to Spectrum Hotel Group, a Doubletree franchisee.
BUSINESS
April 23, 1992 | Chris Woodyard / Times staff writer
Doubletree Renovating: The Doubletree Hotel in Orange has been taking advantage of the slow days of the recession to completely renovate. The hotel has completed a $6-million phase that meant rejuvenating its 20 meeting rooms and the 454 guest rooms. Now it has embarked on the final, $2-million phase of the project, fixing up the lounges, hallways and Dover's Restaurant. Through the renovation, the hotel has stayed open at full capacity.
BUSINESS
March 13, 1998 | DARYL STRICKLAND
The Doubletree Guest Suites in Dana Point has completed a six-month, $3.5-million renovation that upgraded its lobby and 196 rooms, expanded its meeting space and improved its Mediterranean-theme restaurant. The small beachfront hotel, adjacent to Dana Point Harbor, was opened as a Hilton Inn Dana Point in 1992 and converted to a Doubletree last year. This was the hotel's first major renovation. Focusing on small groups and receptions, the Doubletree added a fifth meeting room to boost capacity.
BUSINESS
September 12, 1997 | JOHN O'DELL, TIMES STAFF WRITER
A Los Angeles man who claims a 30-year business relationship with entrepreneur Peter Ueberroth has sued him and several of his present and former companies and advisors for $50 million. The suit, filed by Wallace G. Smith, said Ueberroth and the others reneged on a deal that would have paid Smith fees for helping arrange hotel acquisition deals. Ueberroth, a Laguna Beach resident, could not be reached for comment.
BUSINESS
January 10, 1997
The 454-room Doubletree Hotel has been purchased by Dallas-based Patriot American Hospitality Inc. Doubletree Hotels Corp. will have a 10% stake after the transaction, and will continue to manage the hotel, general manager Joseph Bann said. The Doubletree is one of five Doubletree hotels that Patriot American is buying from Metropolitan Life Insurance Co. Earlier this week, Patriot also acquired the 230-room Hilton Suites hotel in Orange.
BUSINESS
September 24, 1996
Ventura's Doubletree Hotel has named Jay Rosenthal, a 20-year veteran of the hotel industry, as its new general manager. Rosenthal took over the position to fill the spot vacated by John Walters, who left the hotel to take the top position at the Sheraton-Doubletree in Austin, Texas. Rosenthal comes to Ventura from the Horton Plaza Doubletree Hotel in San Diego, where he was resident manager for a year and a half.
BUSINESS
July 9, 1993 | From Times Staff and Wire Reports
Ueberroth Firm to Merge With Doubletree: A hotel company partially owned by Peter Ueberroth agreed to the deal with the Phoenix-based hotel chain. The merger between Doubletree and Boston-based Guest Quarters Hotels Partnership will create a 96-property, 24,000-room chain. The company will be led by Ueberroth, former co-chairman of Rebuild L.A., and Richard Ferris, former chairman of United Airlines. The value of the proposed deal was not revealed.
BUSINESS
September 12, 1997 | JOHN O'DELL, TIMES STAFF WRITER
A Los Angeles man who claims a 30-year business relationship with entrepreneur Peter Ueberroth has sued him and several of his present and former companies and advisors for $50 million. The suit, filed by Wallace G. Smith, said Ueberroth and the others reneged on a deal that would have paid Smith fees for helping arrange hotel acquisition deals. Ueberroth, a Laguna Beach resident, could not be reached for comment.
BUSINESS
September 3, 1997 | From Bloomberg News
Doubletree Corp. and Promus Hotel Corp. on Tuesday said they had agreed to merge in a $2.14-billion stock swap, creating the world's third-largest hotel company, with well-known brands such as Embassy Suites, Hampton Inn and Red Lion. Doubletree investors--who include Peter Ueberroth, organizer of the 1984 Olympics in Los Angeles--would get one share of a new company, which would take the Promus name, for each of their shares. Promus holders would get 0.925 share, valuing their shares at $41.
BUSINESS
January 10, 1997
The 454-room Doubletree Hotel has been purchased by Dallas-based Patriot American Hospitality Inc. Doubletree Hotels Corp. will have a 10% stake after the transaction, and will continue to manage the hotel, general manager Joseph Bann said. The Doubletree is one of five Doubletree hotels that Patriot American is buying from Metropolitan Life Insurance Co. Earlier this week, Patriot also acquired the 230-room Hilton Suites hotel in Orange.
BUSINESS
January 1, 1997 | From Times Wire Services
Doubletree Corp. said Tuesday that it will acquire Renaissance Hotel Group for $850 million in its latest step to add more profitable upscale hotels and expand overseas where there is less competition. The purchase is Doubletree's second in two months and would add more than 140 Renaissance, Ramada and New World hotels worldwide. Doubletree would have more than 370 properties with 100,000 rooms. Upscale hotels charge $90 and up a night, analysts say.
BUSINESS
November 14, 1996 | Times Staff and Wire Reports
Phoenix-based Doubletree Corp. named Richard M. Kelleher president and chief executive. . .
BUSINESS
September 24, 1996
Ventura's Doubletree Hotel has named Jay Rosenthal, a 20-year veteran of the hotel industry, as its new general manager. Rosenthal took over the position to fill the spot vacated by John Walters, who left the hotel to take the top position at the Sheraton-Doubletree in Austin, Texas. Rosenthal comes to Ventura from the Horton Plaza Doubletree Hotel in San Diego, where he was resident manager for a year and a half.
BUSINESS
January 13, 1998 | E. Scott Reckard
The Spectrum, the 5,000-acre Irvine Co. business park with 2,200 companies and 44,000 employees, is getting its first business hotel, the Irvine Co. announced Monday. A Doubletree hotel with 252 rooms and meeting facilities is to open in summer, 1999. It will be built between Alton and Barranca parkways at the Laguna Freeway on 4.3 acres that the Irvine Co. has sold to Spectrum Hotel Group, a Doubletree franchisee.
BUSINESS
May 4, 1991 | BRUCE HOROVITZ, TIMES STAFF WRITER
After months of scrapping for new business, the Los Angeles ad agency Ayer-Tuttle got a much needed lift Friday when it picked up the $10-million Doubletree Hotel ad account. The win would seem to at least temporarily guarantee the survival of the agency, which has gone through some rough times the past year. "I hope we've turned a major corner," said Donna F. Tuttle, who was named chairman of the office a year ago. Doubletree becomes the office's largest client.
BUSINESS
September 13, 1996 | From Associated Press
Doubletree Corp. is acquiring Red Lion Hotels Inc. in a cash and stock deal worth about $1.2 billion, the companies said Thursday--a move that would create one of the largest hotel chains in the nation. Most Red Lion operations would adopt the Doubletree name. The deal, which is subject to shareholder approval, is expected to be completed by year-end. The combined company would have more than 230 hotels and motels with about 56,000 rooms in 39 states, the District of Columbia and Mexico.
BUSINESS
August 29, 1996 | From Staff and Wire Reports
Doubletree Corp., a fast-growing hotel management company headed by former Los Angeles Olympics organizer Peter Ueberroth, is discussing a takeover of the Red Lion hotel chain, the two companies announced Wednesday. Red Lion Hotels Inc., a Vancouver, Wash.-based chain of 56 hotels concentrated in Western states, said the discussions were at an early stage and there was no guarantee they would result in a final deal.
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