The Leading Hotels of the World, Ltd. Posts All-Time Record Results for 2006
NEW YORK, NY, March 12, 2007. The Leading Hotels of the World, Ltd. enjoyed another successful year in 2006, with roomnight sales climbing to over 1.6 million.
Among the factors influencing the upward swing were a continuing robust travel industry, and the strength of client loyalty among both hoteliers and consumers. The company's newly revamped Leaders Club proved a success, producing over 30,000 reservations, yielding an average rate of USD 800 for members at the Unlimited level.
New website initiatives at lhw.com also had a positive impact on sales growth with Internet production growing by 14% over the preceding year, from 193,973 roomnights in 2005, to 220,884 in 2006.
Interest in membership grew steadily, as the hospitality industry increasingly sought out The Leading Hotels of the World, Ltd. for its exceptional value and unrivalled brand recognition. As a result, the roster of hotels was 437 at year end, with 42 new members admitted.
Once again, The Leading Hotels of the World, Ltd. delivered the highest average rate in the luxury hotel sector. The average room rate continued its upward trend to USD 412 from USD 382 in 2005, an increase of USD 30 year on year, marking the highest ADR ever achieved by the company in its 79-year history.
Company president and chief executive officer Paul M. McManus, commented, "We are encouraged by the continuing resurgence in luxury travel. Mindful that unforeseen circumstances can alter that pattern, The Leading Hotels of the World, Ltd. remains committed to ensuring that our member hotels are always best positioned to sustain the advantage in their markets, through innovative customer-directed initiatives."
He concluded by saying, "The figures for 2006 confirm that sophisticated travelers recognize the value of the Leading Hotels brand. The surge in application for membership in our organization emphasizes the fact that hoteliers recognize just how relevant our company and its services are in today's heatedly competitive atmosphere."
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 firm 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.
High resolution images of member hotels are available for downloading at www.lhw.com/press. For reservations and information, visit www.lhw.com or telephone toll-free from the USA, Canada, Puerto Rico and the US Virgin Islands, (800) 223-6800.
Contact: Karen Preston, Public Relations Manager
Tel: (212) 515-5631
E-mail: [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 
