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SONESTA INTERNATIONAL HOTELS CORPORATION (SNSTA)
Sonesta International Hotels Corporation engages in the ownership and operation of hotels. It owns or leases hotels in Boston, Massachusetts; Key Biscayne, Florida; and New Orleans, Louisiana. The company also operates hotels under management agreements in New Orleans, Louisiana; Coconut Grove and Sunny Isles Beach, Florida; and Cairo, Luxor, Port Said, Taba, and Sharm el Sheikh, Egypt, as well as manages three Nile River cruise vessels. In addition, Sonesta has franchise agreements for hotels in St. Maarten, Brazil, Peru, and Italy, as well as licenses seven hotels in Peru; and three hotels, including a 10th century castle in Tuscany, Italy. The company is headquartered in Boston, Massachusetts.
MORGANS HOTEL GROUP CO (MHGC)
Morgans Hotel Group Co., a hospitality company, engages in the operation, ownership, acquisition, development, and redevelopment of boutique hotels in gateway cities and resort markets in the United States and Europe. It owns and operates Morgans, Royalton, and Hudson hotels in New York, New York; Delano Miami and Shore Club hotels in Miami Beach, Florida; Mondrian Los Angeles hotel in Los Angeles, California; Clift hotel in San Francisco, California; Mondrian Scottsdale hotel in Scottsdale, Arizona; and St. Martins Lane and Sanderson hotels in London, the United Kingdom. As of December 31, 2006, the company owned or partially owned and managed a portfolio of 10 luxury hotel properties comprising approximately 2,700 rooms. Morgans Hotel Group was founded in 1983 and is headquartered in New York, New York.
ORIENT-EXPRESS HOTELS LTD (OEH)
Orient-Express Hotels, Ltd. together with its subsidiaries operate in the leisure market worldwide. It owns hotels, restaurants, and tourist trains. As of December 31, 2004, the company owned and/or invested in 49 properties, consisting of 38 deluxe hotels, 3 restaurants, 6 tourist trains, and 2 river cruise businesses. OEH was established in 1971 and is based in Hamilton, Bermuda.
HOME INNS & HOTELS MANAGEMENT INC (HMIN)
Home Inns & Hotels Management, Inc. engages in the development, lease, operation, franchise, and management of economy hotel chains in China. It operates its hotels under the brand name Home Inn. As of March 31, 2007, its Home Inns hotel chain consisted of 97 leased-and-operated hotels in operation with an additional 36 leased-and-operated hotels under development, and 48 franchised-and-managed hotels in operation with an additional 12 franchised-and-managed hotels under development, covering 53 cities in China. The company was incorporated in 2001 and is headquartered in Shanghai, the People's Republic of China.
INTERCONTINENTAL HOTELS GROUP (IHG)
InterContinental Hotels Group PLC, through subsidiaries, engages in owning, managing, leasing, and franchising hotels and guest rooms worldwide. As of November 25, 2005, it had approximately 3,600 hotels and 539,000 guest rooms in approximately 100 countries and territories. The group owns a portfolio of hotel brands, including InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Holiday Inn Hotels and Resorts, Holiday Inn Express, Staybridge Suites, Candlewood Suites, and Hotel Indigo. It also manages a hotel loyalty program, Priority Club Rewards. As of the above date, InterContinental Hotels Group also had a 47.5% interest in Britvic, a manufacturer of soft drinks. Britvic owns a portfolio of soft drinks brands that include Tango and Robinsons. InterContinental Hotels Group was founded in 1967 and is headquartered in Windsor, the United Kingdom.
WYNDHAM WORLDWIDE CORP (WYN)
Wyndham Worldwide Corporation provides various hospitality products and services to business-to-business customers and individual consumers. It operates in three segments: Lodging, Vacation Exchange and Rental, and Vacation Ownership. The Lodging segment franchises hotels in the upscale, middle, and economy segments of the lodging industry. This segment owns approximately 6,500 franchised hotels, which represents 543,000 rooms. The Vacation Exchange and Rental segment provides vacation exchange products and services to the owners of intervals of vacation ownership interests; and markets vacation rental properties on behalf of independent owners. Its accommodations include hotel rooms and suites, villas, cottages, bungalows, campgrounds, vacation ownership condominiums, city apartments, second homes, fractional private residences, luxury destination clubs, and boats. The Vacation Ownership segment markets and sells vacation ownership interests to individual consumers; offers consumer financing; provides property management services at resorts; and develops and acquires vacation ownership resorts. As of December, 31, 2006, this segment developed and acquired approximately 150 vacation ownership resorts, which include 20,000 individual vacation ownership units and over 800,000 owners of vacation ownership interests. The company offers its products and services under the Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, TripRewards, RCI, Landal GreenParks, English Country Cottages, Novasol, Wyndham Vacation Resorts, and WorldMark by Wyndham brand names. It operates in the United States, the United Kingdom, Australia, Netherlands, and internationally. The company was incorporated in 2003 as Cendant Hotel Group and changed its name to Wyndham Worldwide Corporation in 2006. Wyndham is headquartered in Parsippany, New Jersey.
CHOICE HOTELS INTERNATIONAL INC (CHH)
Choice Hotels International, Inc. operates as a hotel franchisor worldwide. The company franchises lodging properties under various brand names, including Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, and Flag Hotels. As of December 31, 2004, Choice Hotels had franchise agreements representing 4,977 hotels open and 569 hotels under development representing 403,806 rooms open and 45,167 rooms under development. The company was formerly known as Choice Hotels Franchising, Inc. and changed its name to Choice Hotels International, Inc. in 1997. Choice Hotels International is headquartered in Silver Spring, Maryland.
MARRIOT INTERNATIONAL (MAR)
Marriott International, Inc. engages in the operation and franchising of hotels and related lodging facilities worldwide. The company operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites, Ramada International, and Bulgari brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club International, Horizons, The Ritz-Carlton Club, and Marriott Grand Residence Club brands; and operates Marriott Executive Apartments. The company also provides furnished corporate housing and operates conference centers. It has operations primarily in Americas, Europe, Asia, the Middle East, and Africa. As of June 17, 2005, the company operated or franchised 2,676 lodging properties, with 489,430 rooms. It also provided 1,817 furnished corporate housing rental units, as of the above date. Marriott was founded in 1971 and is headquartered in Washington, D.C.
STARWOOD HOTELS & RESORTS WORLDWIDE INC (HOT)
Starwood Hotels & Resorts Worldwide, Inc. operates as a hotel and leisure company worldwide. The company's brand names include St. Regis, The Luxury Collection, Sheraton, Westin, W, and Four Points by Sheraton. It operates in two segments, Hotels and Vacation Ownership. The Hotel segment operates hotels and resorts primarily in the luxury and upscale segment of the lodging industry. As of October 26, 2005, its hotel portfolio included owned, leased, managed, and franchised hotels totaling approximately 750 hotels in approximately 80 countries. The Vacation Ownership segment includes the development, ownership, and operation of vacation ownership resorts; marketing and sale of vacation ownership interests; and provision of financing to customers, who purchase such interests. It had 19 vacation ownership resorts in the United States and the Bahamas, as of the above date. Starwood Hotels & Resorts was founded in 1969 and is based in White Plains, New York.
WESTCOAST HOSPITALITY CORPORATION (RLH)
Red Lion Hotels Corporation operates as a hospitality and leisure company in the United States. It engages in the ownership, operation, and franchising of mid-scale and upscale, and full service hotels under the Red Lion brand name. As of December 31, 2006, the company owned 58 hotels located in nine states and 1 Canadian province, with approximately 10,167 rooms and 506,629 square feet of meeting space. Red Lion Hotels also offers entertainment services, such as event ticket distribution and promotion services, and presentation of various entertainment productions. The company was founded in 1937. It was formerly known as WestCoast Hospitality Corporation and changed its name to Red Lion Hotels Corporation in 2005. Red Lion Hotels is based in Spokane, Washington.
The Marcus Corporation operates movie theatres, as well as hotels and resorts in the United States. As of October 6, 2005, the company owned or managed 504 screens at 45 locations in Wisconsin, Illinois, Minnesota, and Ohio, as well as a family entertainment center, Funset Boulevard, located in Wisconsin. As of the above date, it owned or managed 12 hotels and resorts in Wisconsin, California, Minnesota, Missouri, Texas, and Illinois, as well as a vacation club in Wisconsin. The Marcus Corporation was founded in 1935 and is headquartered in Milwaukee, Wisconsin.
MERISTAR HOTELS & RESORTS INC (IHR)
Interstate Hotels & Resorts, Inc. operates as a hotel management company in the United States. It operates in two segments, Hotel Management and Corporate Housing. The Hotel Management segment manages hotels primarily located in the United States and Canada, as well as in Moscow, Russia, and Praia D'El Rey, Portugal. It manages properties primarily within the upscale, full-service, and select-service sectors. This segment also provides other related services in the hotel, corporate housing, resort, conference center, and golf markets. Its related services include insurance and risk management services, purchasing and project management services, information technology and telecommunications services, and centralized accounting services. The Corporate Housing segment provides furnished apartments to individuals, corporations, families, and government travelers. As of August 1, 2005, the company operated approximately 300 hospitality properties with approximately 72,000 rooms in 41 states, the District of Columbia, Canada, and Russia. Interstate also owns 2 hotel properties and hold noncontrolling interests in 10 joint ventures, which hold ownership interests in 22 of its managed properties. The company is headquartered in Arlington, Virginia.