Press Releases

SPOKANE, WA – TicketsWest.com(TM), an operating division of Cavanaughs Hospitality Corporation (NYSE:CVH), a lodging, entertainment and real estate services company, announced today the acquisition of The Show Terminal, LLC (d.b.a. Colorado Neighborhood Box Office) for an undisclosed amount. The acquisition is expected to close by the end of Octob...

SPOKANE, WA -- Cavanaughs Hospitality Corporation (NYSE:CVH), a lodging, entertainment and real estate services company, was presented with four awards at the annual Washington State Hotel & Motel Association convention at Lake Chelan, Washington. The awards included the 1999 Community Service Award, 1999 Guest Relations Award, 1999 Outstanding Ge...

Cavanaughs Hospitality Corporation Posts 42% Increase In 1999 Second Quarter Net Income Cavanaughs Hospitality Corporation Posts 42% Increase In 1999 Second Quarter Net Income SPOKANE, WA -- Cavanaughs Hospitality Corporation (NYSE:CVH), a lodging, entertainment ...

SPOKANE, WA -- Cavanaughs Hospitality Corporation (NYSE:CVH), a lodging, entertainment and management services company, announced today that it is consolidating its Internet and Entertainment operations into a new operating division called TicketsWest.com(TM). Included in the TicketsWest.com(TM) division will be all Cavanaughs Hospitality Corporat...

SPOKANE, WA -- Cavanaughs Hospitality Corporation (NYSE:CVH), a lodging, entertainment and management services company, today announced the launch of www.TicketsWest.com, an Internet ticketing service offering consumers up-to-the-minute information on live entertainment and the ability to make real-time ticket purchases of the best available seats ...

SPOKANE, Wash., April 22 -- Cavanaughs Hospitality Corporation (NYSE: CVH), a lodging, entertainment and management services company, today reported record results for the first quarter ending March 31, 1999. The Company reported a first quarter income before extraordinary items of $495 thousand, or $.04 per share, compared to a loss of $87 thousan...

SPOKANE, WA -- Cavanaughs Hospitality Corporation (NYSE:CVH) today announced that Cavanaughs will not offer to purchase any shares of Lasergate Systems, Inc. (OTC BB:LSGT). The Company's interest in such an offer was conditioned upon a minimum of 80% of outstanding Lasergate shares being available. Communication from existing Lasergate majority own...

SPOKANE, WA -- Cavanaughs Hospitality Corporation (NYSE:CVH) today confirmed that Cavanaughs has made a proposal to the board of directors of Lasergate Systems, Inc. (OTC BB:LSGT) which, if certain terms and conditions are met, may lead to a future tender offer for acquisition by Cavanaughs of Lasergate shares. Lasergate Systems, Inc. desi...

SPOKANE, WA -- Cavanaughs Hospitality Corporation (NYSE:CVH) today announced that it has waived contingencies on the purchase of the 177-room Olympia Holiday Inn Select, in Olympia, Washington from Olympic, L.L.C. Cavanaughs has scheduled the closing of the acquisition for December 1, 1998. The property, which sits on 12.9 acres overlooking Capitol...

October, 16 1998 SPOKANE, WA -- Cavanaughs Hospitality Corporation (NYSE:CVH) announced six (6) new leases in company owned commercial real estate which in their initial terms will add $9.98 million of revenue to the Company, excluding the sublease of Travelers Property Casualty. G&B Real Estate Services, the Company’s commercial real estate divisi...