【IHG Profits Hit By Taxes, Sells Mark Hopkins】Over the last 12 months IHG has agreed to dispose of three owned InterContinental hotels, with total gross proceeds of almost US$830 million.
【IHG Profits Hit By Taxes, Sells Mark Hopkins】Over the last 12 months IHG has agreed to dispose of three owned InterContinental hotels, with total gross proceeds of almost US$830 million.
【With Q4 Profit Down, Starwood Details Asset Sale, Capex Plans】In a conference call with analysts on Thursday Starwood said it is seeing the hotel buyers market around the world deepen amid questions about the pace of its asset sales.
【With Q4 Profit Down, Starwood Details Asset Sale, Capex Plans】In a conference call with analysts on Thursday Starwood said it is seeing the hotel buyers market around the world deepen amid questions about the pace of its asset sales.
【China's Five-Star Hotels Are Desperate For Lower Ratings】The five-star rating, once a halo guaranteeing profits for Chinese luxury hotels, is losing its glamour as the country s ruling party bans consumption in upscale accommodations at public expense.
【China's Five-Star Hotels Are Desperate For Lower Ratings】The five-star rating, once a halo guaranteeing profits for Chinese luxury hotels, is losing its glamour as the country s ruling party bans consumption in upscale accommodations at public expense.
【Starwood CEO Says Hotel Occupancy At High】Starwood Hotels & Resorts' North American hotel occupancies are at a record, giving the owner of the Sheraton and W brands greater ability than ever to raise rates in the region, CEO Frits van Paasschen said.
【Starwood CEO Says Hotel Occupancy At High】Starwood Hotels & Resorts' North American hotel occupancies are at a record, giving the owner of the Sheraton and W brands greater ability than ever to raise rates in the region, CEO Frits van Paasschen said.
【Chinese Real Estate Giant Wanda Sets Sights On Expansion Of Upscale Hotel】Up till the end of 2012, most five-star hotels on Wanda s properties were managed by international hotel giants like Starwood, Hyatt, Sofitel, and Intercontinental group.
【Chinese Real Estate Giant Wanda Sets Sights On Expansion Of Upscale Hotel】Up till the end of 2012, most five-star hotels on Wanda s properties were managed by international hotel giants like Starwood, Hyatt, Sofitel, and Intercontinental group.
【China Has Most Outbound Tourists And World's Biggest-spending Travelers】China had the highest number of outbound tourists and amount of overseas spending in the world last year, according to a report released on Wednesday.
【Global Hotels Going Local To Woo Chinese Travelers】There was a time when five-star foreign hotels made a point of having their lobby staff sport English names on their work badges, to make foreign visitors more comfortable.
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【China Tourism Boom Is 'Tip Of The Iceberg'】According to a report, 45 percent of surveyed hoteliers said they had seen an increase in Chinese guests over the past year, and 54 percent said they expected the trend to continue.
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