Good news in the hospitality sector, at least for Starwood Hotels & Resorts Worldwide, Inc., first quarter earnings exceeded Wall Street expectations. According to RevPAR, performance of Starwood same-store hotels grew worldwide by some 3.4 percent.
hotels
Azerbaijan Tourism Numbers Up for 2013
In tourism news from Azerbaijan, according to Culture and Tourism Minister Abulfaz Garayev the goal of the ministry in the mid term is to grow the tourism sector there by some 70 to 80 percent.
Le Méridien Dusts Off 13 MEA Hotels
Starwood Hotels brand Le Méridien has announced plans for investing some $200 million in 13 hotels across the MEA over the next three years. The French brand has served the Middle East and Africa region for over three decades, and this announcements ensures the firming up of the hoteliers’ international footprint.
Novotel Sofia Officially Opens
The very first of the brand, Novotel Sofia opened last week. The Accor luxury office – accommodation venue having been in operation for some months.
Vacation Rentals Move In On Hotels – Some More
Every Baby Boomer contemporary I know remembers the family beach vacation rental. Sure, we stayed at the Holiday Inn or Thunderbird Inn every now and then, but back when the best value was just a house or condo rental. And guess what? For the most part, renting a vacation flat, villa, home, or even houseboat beats forking over ten times as much for a hotel room.
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