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Profitable S1 for Small Luxury Hotels of the World

1 min reading time

Published on 29/07/13 - Updated on 17/03/22

Wailea Maui Hotel, Hawaii, United States

Small Luxury Hotels of the World (SLH) is continuing its growth rate. while the voluntary network posted a decrease of 4% in ADR (to 330 USD) over the first half of the year, its reservations volume has increased by 6%. "Having such good resuts in 2012 was not such an easy task given the economic climate. This year, the team has ambitious goals: to consolidate and surpass the good results of 2012. Fortunately, we are on track for accomplishing these goals, and one of the reasons why we are able to carry out our mission is the success of Club SLH as well as the recognition of our clients", said Paul Kerr, Chief Executive Officer of Small Luxury Hotels Of The World.SLH also reinforced its network with 11 new members between January and March 2013: six European hotels, one in America, and three in Asia-Pacific It portfolio thus now has 520 establishments over 70 countries.The network expansion should continue over the next months as Small Luxury Hotels of the World will locate, in September, in Lebanon with the O Monot hotel, and in Texas with the Ella hotel.

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