What are we doing about the March 04 Plenary? I just got
this off the Hyatt website (http://hyattorlando.hyatt.com/):
Hyatt Hotels
Corporation announces the impending closure of Hyatt Orlando located at 6375
West Irlo Bronson Memorial Highway, Kissimmee, Florida. After more than 30
years of service to the traveling public and the Orlando area community as a
member of the Hyatt family of hotels, the hotel will close to the public on Friday, September 12,
2003.
Due to the unavailability of funds to maintain operations, the hotel is
compelled to close. Since the initiation of bankruptcy proceedings by Orlando
Hyatt Hotel Associates Limited, owner of the hotel, on April 24, 2002, Hyatt
attempted to maintain normal hotel operations at Hyatt Orlando.
In the face of anticipated operating shortfalls, hotel ownership secured
financing to cover shortfalls expected over the final months of 2003. Hotel
ownership and Hyatt recently were advised by representatives of Lennar
Partners, acting in their capacity as representatives of the hotel lender, that
it was directing the filing of a motion to withdraw the committed interim
financing.
Following efforts by Hyatt and hotel ownership to discuss an orderly transition
or closure plan with Lennar Partners and the bankruptcy court's subsequent
decision not to hear an emergency motion to compel the funding of the
previously committed financing this week, hotel ownership directed Hyatt to
commence the immediate closure of the hotel as directed by the owner and
lender.
Efforts to avoid a sudden closure have been unsuccessful, and hotel ownership
and Hyatt have been left no alternative but to close the hotel. Hyatt has no
information as to the future of the hotel, which will be resolved through the
bankruptcy proceeding.
Hyatt remains committed to Orlando and is grateful to the community for the
many years of support to Hyatt Orlando. Hyatt values its relationship with the
employees of the Hyatt Orlando and, to the degree possible, will attempt to
offer employment at other Hyatt hotels in the Orlando-area where positions are
available.
Guests with current reservations at Hyatt Orlando will be contacted by Hyatt's
customer service department. Hyatt's Central Reservation Center in Omaha will
no longer be accepting reservations for Hyatt Orlando as of the night preceding
the closure date.
If you have any
questions about current reservations, please call 1-888-694-9288.
Matthew Sherman
Vice
Chair, IEEE 802
Technology Consultant
Communications
Technology Research
AT&T
Labs - Shannon Laboratory
Room
B255, Building 103
180
Park Avenue
P.O.
Box 971
Florham
Park, NJ 07932-0971
Phone:
+1 (973) 236-6925
Fax:
+1 (973) 360-5877
EMAIL:
mjsherman@att.com