Hospitality Industry

(RTTNews) - InterContinental Hotels Group PLC (IHG: News ,IHG.L: News ) reported full-year 2009 profit attributable to equity holders of $213 million or 72.2 cents per share, compared to $262 million or 88.5 cents per share last year. Profit from

Marriott International made a loss of £220m for 2009, compared to its reported income of £218m the previous year. The company’s worldwide revenue per available room (revPAR) fell by 20% during last year. However, the Q4 results exceeded expectations

The Cape Argus Pick ‘n Pay Cycle Tour is about more than just a day of cycling, it’s about the camaraderie, the carbo loading and where to celebrate both prior to the race and after. Sun International’s Table Bay Hotel is ideally located within the

InterContinental Hotels on Tuesday said its profit dropped 18% and the operator of the Holiday Inn chain sees more tough times ahead as demand has stabilized but rates continue to fall. InterContinental , which makes far more from hotels it operates

LONDON -(Dow Jones)- InterContinental Hotels Group PLC (IHG) Tuesday posted a sharp fall in full year profit and said trading would stay tough until more business customers returned to its hotels, despite an improved performance in recent months. The

in Belgrade, the International Hotel and Restaurant Association (IH&RA) awarded Captain Krishnan Nair, Chairman of The Leela Palaces, Hotels & Resorts, the Hotelier of the Century award. The award was presented by Dr. Ghassan Aidi, President of IH&RA and

Experienced hospitality professional appointed to manage Cairns' hip new restaurant and bar A hospitality professional with 20 years experience in sales and food and beverage management has been appointed manager of Cairns’ funky new venue, LILO Wet

Accors pioneering MGallery hotel, VIE Hotel Bangkok, has launched a new guest concept called Deep Sleep, which brings together all the essential elements to help guests achieve a great nights sleep. A good sleep is vital for a persons wellbeing, ensuring

IDeaS Revenue Optimization, the leading provider of pricing, forecasting and optimization solutions and services, announced that as more hoteliers turn to revenue management specialists to boost returns in weaker operating conditions, it's highly

From vegetable gardens and green houses to a water purification plant, the Barceló Maya Beach Resort in Riviera Maya, Mexico, and Barceló Huatulco Beach in Huatulco, Mexico, have embraced the green revolution to help preserve the environment while

The environmentally and socially responsible Considerate Hoteliers Association (CHA) is pleased to announce that Beacon Purchasing, a subsidiary of Interchange and Consort Hotels Ltd. and the largest purchasing consortium for the UK independent

Prince Hotel & Residence Kuala Lumpur, a member of WORLHOTELS, is offering a comfortable contemporary accommodation boasting international standards of excellence and personalized service at the hearth of the city. Prince Hotel is an international

InterContinental Hotels and Resorts announced today the appointment of Andrew (Drew) Schlesinger as general manager and Linda Hodgson as director of sales and marketing for the InterContinental New York Times Square. Currently under construction, the

(MENAFN Press) International Hotel Consultants Company (IHC), which was established in Abu Dhabi in December 2009 by Al Dhiafa Holding, one of the leading tourism and hospitality companies in the Gulf and the region, The agreement will see IHC offering

LONDON (Reuters) - InterContinental Hotels (), the world's biggest hotelier, warned trading will stay tough until business travellers return in greater numbers, putting pressure on its shares after 2009 profit fell 34 percent. Annual profit from the

THE winner of this year’s ‘DJ Competition’ will enjoy a weekend at the Sun International Hotel as part of the package. One of the organisers of the event Lucky Ndzimadze aka DJ Khwephe said the winner would not be restricted but would have to

LONDON (Reuters) - InterContinental Hotels (IHG.L), the world's biggest hotelier, warned trading will stay tough until business travellers return in greater numbers, putting pressure on its shares after 2009 profit fell 34 percent. Annual profit from the

* 2009 operating profit $363 mln, beats forecasts * Warns trading tough until business traveller returns * Occupancy stabilised, rates still under pressure * Shares off 1.7 percent at 904-1/2 pence (Rewrites CFO comment, analyst, shares) LONDON, Feb 16

(RTTNews) - InterContinental Hotels Group PLC (IHG: News ,IHG.L: News ) Tuesday reported a pre-tax loss for 2009, hurt by a 19% decline in revenues as well as exceptional items. However, the company reported a profit attributable to equityholders,

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