Worldwide REVPAR for Starwood branded Same-Store Owned Hotels increased 9.7% compared to the first quarter of 2007. REVPAR for Starwood branded Same-Store Owned Hotels in North America increased 8.2%.
LaSalle Hotel Properties (NYSE:LHO) reported a net loss to common shareholders of $14.8 million, or ($0.37) per diluted share for the quarter ended March 31, 2008, compared to net income of $15.7 million, or $0.39 per diluted share for the prior year.
Starwood Hotels & Resorts Worldwide, Inc. today announces the opening of The St. Regis Singapore, the first internationally branded luxury hotel to open in Singapore in more than a decade.
Online agencies are using dynamic packaging to increased customer loyalty & profit, if hoteliers sit back they will be squeezed out of the packaging market.
The Prince Albert II of Monaco Foundation and Fairmont Hotels & Resorts today announced a formal partnership aimed at promoting sustainability, conserving natural resources, and advancing the overall commitment to environmental stewardship.