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.
|Also See:||The 2006 WORLDHOTELS Annual Conference Hosted by Corinthia Towers Hotel in Prague, Czech Republic / February 2006|
|SRS-WORLDHOTELS Grows Portfolio by 56 Independent Hotels in 2003; Seeks to Increase Internet Bookings by 20% in 2004 / February 2004|