The Chatwal in Manhattan has joined The Luxury Collection, giving the Starwood Hotels & Resorts brand its first property in New York.
Wyndham Worldwide Corp.'s net income climbed 44% in the first quarter on improved revenue across all segments. The company is also boosting its full-year outlook above analysts' expectations.
Louvre Hotels Group, the newly-named organization comprising Starwood Capital Group’s merged Louvre Hôtels and Golden Tulip Hotels, expects to open 80 properties this year. The company aims to average 100 hotel openings per year for the next five years.
China's massive - and rapidly growing - tourism market is expected to overtake Japan as the world's second-largest by 2013 and then account for 14 percent of the global market by 2020.
The 281-key Rocco Forte Hotel Abu Dhabi will serve as the UK firm’s flagship property in the Middle East, the company says. It will also be the first property to bear the Rocco Forte name.
Starwood Hotels & Resorts Worldwide Inc.'s first-quarter profit fell 6.7%, but increased revenue outpaced analyst expectations, and the company has raised its 2011 earnings forecast for the third time.
Shaner Corp. has formed a new division, Shaner Italia SRL, to own and operate hotels in Italy, and it has already made its first joint-venture acquisition there.
Choice Hotels International, the global hotel group behind the Comfort, Quality and Clarion brands and one of the largest and most successful lodging franchisors in the world, has announced the opening of the Comfort Inn Hyde Park, bringing the number of Choice-branded hotels in London to eighteen.
Exclusive Interviews | Saumya M. Sharma, Chief Development Officer, 3 Palms Hotels and Resorts, India
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Ms. Saumya M. Sharma,
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3 Palms Hotels and resorts, India