IBEROSTAR Hotels & Resorts closes 2010 with a turnover of 881 million Euros, representing 9% increase over the previous year. Currently, the Spanish hotel chain has a portfolio of 101 hotels, 67,400 beds and over 21,000 employees in the countries where it operates.
Escalating political turmoil and violence in the Middle East is blemishing a robust lodging recovery in global markets for Starwood Hotels & Resorts Worldwide Inc. (HOT).
Restaurant industry sales are expected to reach a record $604 billion and post positive growth in 2011 after a three-year period of negative real sales growth, according to National Restaurant Association research released today. The Association’s 2011 Restaurant Industry Forecast projects an industry sales increase of 3.6 percent over 2010 sales, which equals 1.1 percent in real (inflation-adjusted) terms.
Radisson Blu Lyon has announced it is committed to developing sustainable tourism. Initiatives that are being put in place include helping children at local orphanages, reducing the paper consumption levels in the hotel and inviting guests to visit ‘green’ places of interest.