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The Leading Hotels of the World, Ltd. Taps Deloitte and Smith Travel Research
NEW YORK, NY, April 25, 2006. The Leading Hotels of the World, Ltd. recently announced the selection Deloitte and Smith Travel Research as the company's preferred providers of worldwide lodging industry metrics and property-level benchmarking reports. The mainstays of this initiative are Deloitte's global HotelBenchmark Survey, and in North America, Smith Travel Research's STAR program.
With over 30,000 hotels across 140 countries in the combined databases, the HotelBenchmark Survey and STAR programs offer the hotel industry the largest, most comprehensive, authoritative and independently collected source of performance data. The surveys measure and track occupancy, average daily room rate (ADR) and revPAR.
Commenting on the agreement, Lee Andrews, executive vice president and chief financial officer of The Leading Hotels of the World, Ltd., said, "We are delighted to work with Deloitte and STR as partners to provide our member hotels with this invaluable research and benchmarking tool. The Leading Hotels of the World excel as leaders in ADR and occupancy in the markets we are located. This tool will help us quantify our success on a local, regional and global basis"
The metrics provided by Deloitte and STR are used by all major international and domestic hotel chains, management companies and owners, as well as a large number of independent hotels for yield and revenue management.
The Leading Hotels of the World, Ltd. is the prestigious luxury hospitality organization representing more than 430 of the world's finest hotels, resorts and spas, and is the operator of www.lhw.com - the online source for your luxury lifestyle. As the largest international luxury hotel brand, the company maintains offices in 24 major markets across the globe.
Since 1928, the company's reputation for excellence derives from the exacting levels of quality it demands of its members, each of which must pass a rigorous, anonymous inspection covering 1,500 separate criteria.
Contact: Deniz Omurgonulsen, Director of Membership Development [email protected]
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
