Data trends on cheapest hotel rates as well as median rate for three months of three, four and five star hotels across some of the major cities in Asia.
Shangri-La Hotels and Resorts signed an agreement with Faisal Bin Qassim Al-Thani & Sons Holding Company W.L.L to manage Shangri-La Hotel, Doha, as well as Traders Hotel, Doha. Both hotels are scheduled to open in 2013.
Net revenues for the year ended 2011 increased 25.9% to $5,269.8 million, compared to $4,184.7 million in 2010. The revenue increase was driven by a 31.2% increase in revenues from our Macau Operations and a 14.2% revenue increase from our Las Vegas Operations.
Chatham Lodging Trust (NYSE: CLDT) announced the characterization of dividends declared in 2011 on its common shares for federal income tax reporting purposes.
Edwards, formerly Chief Information Officer and EVP Distribution of Wyndham Worldwide, joins Amadeus with a clear brief to quickly expand its burgeoning hotel division; which incorporates both distribution and IT services.