Tag Archives: Jobs

Swiss-Belhotel Unveils Major Indonesia Expansion Plans

Comments are closed
Posted by

Swiss-Belhotel has unveiled plans to open ten new hotels in Indonesia by the end of 2013, with 16 more scheduled for 2014.

Swiss-Belhotel International's biggest presence is in Indonesia, where it currently operates 34 hotels - a number which will swell to 60 by the end of 2014.

Swiss-Belhotel International Chairman and President, Mr.

Read more

Survey: Travel spending to rise in 2013

Comments are closed
Posted by
Travel spending is expected to rise this year, with tourism businesses expecting to increase rates and generate greater profits, a new study from TripAdvisor has found. According to its global TripBarometer report, conducted by research firm StrategyOne on behalf of TripAdvisor, 68% of global tourism and accommodation providers expect to be more profitable this year, with.
Read more

IHG profits jump 10% in 2012

Comments are closed
Posted by
InterContinental Hotels Group (IHG) achieved a strong 10% rise in profits last year. The company generated a full-year operating profit of US$614 million in 2012, up from US$559m in 2011. The company’s revenue per available room (revPAR) increased 5.2% year-on-year, driven by a 3.2% rise in average daily rates (ADR). But perhaps surprisingly, IHG’s main growth market.
Read more