• Strategic ‘highly productive’ Q1

Strategic Hotels & Resorts has reported a 7.4% increase in revenues on the year for the first quarter, to USD194.7m, on the back of strong performance in the US.

Revpar increased 9.2% with non-rooms revenue growing by 12.0%. Raymond Gellein, chairman and CEO, said: “Our first quarter was highly productive from both an operating and transaction perspective.”

Read the full story here: http://phx.corporate-ir.net/phoenix.zhtml?c=176522&p=irol-irhome

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