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Marriott International Reports First Quarter 2021 Results


Marriott International Reports First Quarter 2021 Results
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First quarter 2021 comparable systemwide constant dollar RevPAR declined 46.3
percent worldwide, 46.3 percent in the U.S. & Canada, and 46.1 percent in international markets, compared to the 2020 first quarter;
First quarter 2021 comparable systemwide constant dollar RevPAR declined 59.1
percent worldwide, 57.1 percent in the U.S. & Canada, and 64.1 percent in international markets, compared to the 2019 first quarter;
First quarter reported diluted loss per share totaled $0.03, compared to reported diluted EPS of $0.09 in the year-ago quarter. First quarter adjusted diluted EPS totaled $0.10, compared to first quarter 2020 adjusted
diluted EPS of $0.49;
First quarter reported net loss totaled $11 million, compared to reported net income of $31 million in the year-ago quarter. First quarter adjusted net income totaled $34 million, compared to first qu ....

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New appointment at Apes Hill Development


 
Apes Hill development announced veteran tourism executive Sunil Chatrani is now a shareholder and has taken up the leadership role as its Executive Chairman.  
 
Chatrani, former Chief Executive Officer of the Elegant Hotel Group, is building the team to relaunch the 450-acre site, currently undergoing significant redevelopment, and scheduled to reopen in November 2021
 
 
Chatrani has more than 30 years of experience in finance, tourism, mergers & acquisitions and strategy, in Barbados and throughout the region.
 
“Sunil is a visionary, trusted and proven leader,” commented Glenn Chamandy, who purchased the assets of Apes Hill in early 2020, “His market knowledge and strong relationships are exemplary, he is ideally suited to drive the future success of Apes Hill. I look forward to working closely with Sunil, and to the upcoming opening of our fully renovated golf course including our signature 19th hole.”  ....

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Chatrani is executive chairman at Apes Hill Development


Chatrani is executive chairman at Apes Hill Development
Article by
April 10, 2021
Veteran tourism executive Sunil Chatrani is now a shareholder and executive chairman of Apes Hill Development.
Chatrani, former Chief Executive Officer of the Elegant Hotel Group, is building the team to relaunch the 450-acre site, currently undergoing significant redevelopment, and scheduled to reopen in November 2021
Chatrani has more than 30 years of experience in finance, tourism, mergers and acquisitions and strategy in Barbados and throughout the region.
“Sunil is a visionary, trusted and proven leader,” said Glenn Chamandy, who purchased the assets of Apes Hill in early 2020, “his market knowledge and strong relationships are exemplary, he is ideally suited to drive the future success of Apes Hill. I look forward to working closely with Sunil, and to the upcoming opening of our fully renovated golf course including our signature ....

Antigua And Barbuda , Apes Hill , Saint James , United Kingdom , City Of , Sunil Chatrani , Neal Massy , Glenn Chamandy , Ron Kirby , Barbados Tourism Marketing Inc , Barbados Tourism Product Authority , London Stock Exchange , Bahamas Supermarkets , Barbados Hotel Tourism Association , Elegant Hotels Group , Caribbean Hotel , Commonwealth Development Corporation , Trading Company Limited , Apes Hill Development , Jolly Beach Hotel In Antigua , Elegant Hotel Group , Marriott International , Tourism Association , Beach Club , Chief Executive Officer , London Stock ,