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to 525 Hotels in 2005, Up 17% |
Frankfurt, Germany. March 8, 2006 - WORLDHOTELS, one of the leading global hotel groups for independent hotels and regional hotel brands, reports significant growth in 2005 in its year-end figures released today. Global room revenue, generated for hotels appearing in both the 2004 and 2005 WORLDHOTELS portfolio (�same store hotels�) increased by 16 percent, up to $194 million USD. From a geographic point of view, the generated room revenue increased in EMEA by nine percent, in the Americas by 19 percent, and in Asia-Pacific by 17 percent. Global room night production for �same store hotels� increased in 2005 by 14 percent, up to 1.1 million room nights. Of this figure, EMEA increased by eight percent, the Americas by 18 percent, and Asia-Pacific by 12 percent. The average room rate increased two percent over 2004 figures, reaching $175 USD in 2005. WORLDHOTELS is also pleased to announce that its portfolio increased by 17 percent in 2005, reaching a total of 525 members. Of the 525, 357 of are based in the EMEA region, 87 in the Americas, and 81 hotels in Asia-Pacific. This was an addition of 27 hotels in the Deluxe collection, 43 in First Class and 9 in the Comfort collection. In total, WORLDHOTELS generated global room revenues of $248 million USD in 2005, the global room night production was 1.4 million. WORLDHOTELS� growth reflects the successful implementation of
a number of major initiatives, including the launch of its new brand identity,
which positioned WORLDHOTELS as a global hotel group. As a result of this
repositioning, WORLDHOTELS launched its own GDS Chain Code, WW, in July
for independent member properties as part of the WORLDHOTELS master chain
code EW � Exclusive WORLDHOTELS.
WORLDHOTELS is one of the world�s leading hotel groups for independent hotels and regional hotel brands, with a strong emphasis on properties with character and distinction. Under the banner �Bringing Unique Hotels and People Together�, WORLDHOTELS offers business and leisure travelers an extensive portfolio of individualistic accommodation options in three distinct collections � Deluxe, First Class, and Comfort. To its member hotels, WORLDHOTELS provides a wide range of sales, marketing, distribution and related services. WORLDHOTELS has over 500 member properties in more than 300 destinations and 70 countries worldwide. |
Contact:
WORLDHOTELS
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