Rocco Forte Hotels recently entered a contract to refurbish and operate the Luxor Hotel in Egypt in 2013. The hotel is operated and owned by two government bodies: the Egyptian Endowments Authority (EEA) and the Egyptian General Company for Tourism and Hotels (EGOTH). Sir Rocco Forte, Chairman and CEO of Rocco Forte Hotels, said: “We [...]
Apr 28 2011 | Posted in
Travel News |
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Wyndham Worldwide has recently announced its earnings for the first three months of 2011. Highlights include adjusted diluted earnings per share at $0.44, compared to the $0.34 performance from the same period in 2010. Free cash flow had also increased to $185 million, an increase over the same period’s earnings in the previous year. Wyndham [...]
Apr 28 2011 | Posted in
Finance |
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RCI, a global leader in vacation exchange, and The Registry Collection, the world’s largest luxury exchange program, have partnered with Bench Events to organize the Arabian Hotel Investment Conference, co-hosting the second edition of the Shared Ownership Master Class 2011. The Shared Ownership Master Class 2011 is part of the three-day AHIC conference program that [...]
Apr 25 2011 | Posted in
Timeshare News |
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Just in time for Earth Day. Starwood Hotels has announced an agreement with Clean the World, an environmental NGO based in Orlando, to recycle toiletries used by guests. Under the agreement, Clean the World will reprocess used soaps, shampoos, conditioners, lotions and gels in up to 500 of Starwood’s properties in North America. With over [...]
Marriott International, Inc. reported its results for the first quarter 2011, exceeding the company’s performance in the prior year. Among the highlights include diluted earnings per share (EPS) at $0.26, showing an 18% increase over results from the same period in 2010 and an increase of 9% in total fee revenue from the year-ago quarter [...]
Apr 25 2011 | Posted in
Finance |
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Spirit Incentives, provider of travel, rebate and cash-back incentives, has announced the appointment of Ashley Guerrera as Product Manager. The critical position will see Guerrera take charge of developing the company’s product line, which caters to diverse markets including timeshare, finance and retail. It will definitely be a challenging one, since Spirit’s core principle is [...]
Based on data provided by Hotels.com, online searches for European vacation accommodations are extremely high, but there is speculation it may have something to do with the time of year as much as the Royal Wedding. Travel agents are coming in with reports of anywhere between 30 to 56% increases in interest in their holiday [...]
Apr 19 2011 | Posted in
Europe,
Travel News |
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A family from Winnipeg was allegedly terrorized by timeshare scammers while on vacation in Mexico’s Puerto Vallarta coast, the Toronto Sun recently reported. According to the wife, identified only by her first name “Sue”, the family was strolling along the area’s famous beachside boardwalk, fronting the Pacific Ocean, when they were approached by a man [...]
Apr 19 2011 | Posted in
Canada,
ScamWatch |
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InnSeason Resorts President Dennis M. Ducharme, RRP has been appointed Chairman of the American Resort Development Association’s Northeast Chapter. Ducharme was nominated by the chapter’s Executive Committee, and appointed by ARDA’s President and CEO, Howard Nusbaum, together with the Board of Directors. Ducharme served as a member of the Northeast Chapter Executive Committee, apart from [...]
In an industry termed “hospitality”, having the best customer service is no small feat. Florida-based Sol Meliá Vacation Club (SMVC) has the distinction of winning this year’s Best in Customer Service, during the recent American Resort Development Association (ARDA) Annual Convention and Awards Reception in Orlando. Sol Meliá received a total of three nominations, in [...]