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BUSINESS
May 23, 1989 | From Times wire services
Canadian businessman Stephen Mernick plans to turn the Heritage USA property over to Radisson Hotels International to operate as a family-oriented religious resort, a spokesman said today. Negotiations now going on with the hotel chain in Minneapolis are expected to be completed in time to close the deal and have the theme park, the former home of Jim Bakker's now bankrupted PTL, near Ft. Mill, S.C., operating this summer, spokesman Alex Coffin said. Mernick, who is a rabbi and "very sensitive to other peoples' religious beliefs," decided that the property should continue to be used as a religious retreat, as it was when founder Bakker and successors operated it, Coffin said.
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BUSINESS
April 12, 1995 | BETH KNOBEL and JOHN O'DELL, SPECIAL TO THE TIMES
All seemed well in the glow of perestroika as Irvine-based Americom Business Centers and Radisson Hotels International teamed up in 1989 to operate a posh hotel and business office complex in Moscow. Now the relationship resembles a battle scene from "War and Peace" as Americom's fiery president, Paul E. Tatum, fights both the Minneapolis hotel operator and the Russian partner in the joint venture.
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BUSINESS
April 12, 1995 | BETH KNOBEL and JOHN O'DELL, SPECIAL TO THE TIMES
All seemed well in the glow of perestroika as Irvine-based Americom Business Centers and Radisson Hotels International teamed up in 1989 to operate a posh hotel and business office complex in Moscow. Now the relationship resembles a battle scene from "War and Peace" as Americom's fiery president, Paul E. Tatum, fights both the Minneapolis hotel operator and the Russian partner in the joint venture.
BUSINESS
May 23, 1989 | From Times wire services
Canadian businessman Stephen Mernick plans to turn the Heritage USA property over to Radisson Hotels International to operate as a family-oriented religious resort, a spokesman said today. Negotiations now going on with the hotel chain in Minneapolis are expected to be completed in time to close the deal and have the theme park, the former home of Jim Bakker's now bankrupted PTL, near Ft. Mill, S.C., operating this summer, spokesman Alex Coffin said. Mernick, who is a rabbi and "very sensitive to other peoples' religious beliefs," decided that the property should continue to be used as a religious retreat, as it was when founder Bakker and successors operated it, Coffin said.
BUSINESS
May 31, 1990 | Associated Press
Radisson Hotels International plans to operate a $125-million luxury cruise ship--the company's first--with prices to match. It hopes that the 354-passenger vessel with unusually large guest suites and other amenities will appeal to travelers willing to pay $600 a day. Diamond Cruise Ltd. of Helsinki, Finland, will own the ship, which will be launched in 1992. Radisson, part of the Hospitality Group of Minnetonka-based Carlson Cos., will manage it.
BUSINESS
October 3, 1990 | Cristina Lee / Times staff writer
Moscow Joint Venture: Americom International Corp. of Irvine and Radisson Hotels International of Minneapolis have formed a joint venture with Intourist, the Soviet government travel agency, to manage an $80-million hotel and business complex Intourist has built in Moscow. Under the joint venture, called RadAmer-Intourist, Radisson will manage a 430-room hotel and Americom will oversee a 170-suite business complex.
TRAVEL
August 22, 1993 | JACK ADLER
Several major hotel chains are offering discounted room rates in conjunction with summer promotional programs. Radisson Hotels International is offering its "Shades of Summer" promotion through Sept. 6, with reduced rates at about 260 hotels in the United States, Canada, Mexico, the Caribbean, Europe and Australia. Per-room rates, ranging from $49 to $190, are at least 25% off regular prices. Advance reservations are required. Children under 17 stay free when accompanied by a parent.
BUSINESS
August 1, 1991 | CRISTINA LEE, TIMES STAFF WRITER
In an attempt to save its stalled Soviet venture, Americom International Corp. appointed Eric O. Knapp to head its Moscow hotel and business project Wednesday, the same day that President Bush met with Moscow business leaders in the facility. As chief executive of Americom subsidiary Moscom Business Centers Inc., Knapp will be responsible for raising $2.75 million needed to keep the Moscow joint venture alive. His appointment comes just two weeks after Richard R.
BUSINESS
September 8, 1994 | CAROL SMITH, CAROL SMITH is a free-lance writer based in Pasadena
Business travelers, meet environmentalism. More and more, hotel guests are encountering low-flow shower heads, less packaging on toiletries and the option of using towels for more than one day--reflecting growing concern about waste and the potential savings from recycling and conservation. And business people increasingly are letting the hotels know they support such efforts, according to Patricia Griffin, founder of the Green Hotels Assn.
BUSINESS
April 28, 1992 | CRISTINA LEE, TIMES STAFF WRITER
Americom Business Centers Inc., an Irvine commercial developer being sued by disgruntled shareholders, has ended a yearlong search for a new Russian partner in its Moscow venture with the Radisson hotel group. In a telephone interview from Moscow, Americom's president and chief executive, Paul E. Tatum, said RadAmer--jointly owned by Americom and Radisson Hotel International--signed an agreement Friday with Mosintour to replace its original partner, Intourist.
BUSINESS
July 7, 1989 | LESLIE BERKMAN, Times Staff Writer
An Orange County investors group said Thursday it has bought the bankrupt Registry Hotel in Irvine for $26 million and plans to renovate the closed, 293-room hotel and begin operating it in October as a Radisson Plaza franchise. GMY Investment Co., a Newport Beach limited partnership of five investors, said it bought the hotel June 29 from Homestead Savings & Loan in San Francisco, the principal creditor of the Registry, and immediately changed its name to the Radisson Plaza Hotel.
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