Third Quarter Sees Continued Increase in Reservations, Significant Milestone in Paris, and Enhancement of Preferred Pride
October 17, 2012 – CHICAGO – Preferred Hotel Group™, a global provider of sales, marketing and distribution services to independent luxury hotels, welcomed 24 new members during the third quarter of 2012, bringing year-to-date growth to 65 new member hotels. The company also saw a 12 percent increase year-to-date in reservations booked via its diverse distribution channels, in comparison to this time last year.
“We are proud to welcome several prominent new hotels to our collection. The enhancement of our member portfolio provides great momentum as we head into the final months of 2012,” said Lindsey Ueberroth, President of Preferred Hotel Group. “Our reservations data is projecting a strong holiday travel season worldwide, with to-date bookings for November and December already 26 percent higher than this time last year.”
During the third quarter, Preferred Hotel Group added three hotels in Paris to its diverse family of brands – The Hotel du Collectionneur Arc de Triomphe Paris, a member of Preferred Hotels & Resorts; L’Empire Paris, a member of Sterling Design; and Grand Hotel du Palais Royal, a member of Preferred Boutique. These additions make Preferred Hotel Group one of the largest hotel representation companies in the French capital with a portfolio totaling 21 properties.
Other notable additions throughout the company’s five brands include:
Finally, coinciding with the company’s overall growth, the Preferred Pride collection of hotels increased by nearly 20%, expanding into regions such as Guatemala, Panama, and Costa Rica. More than 120 TAG-approved or IGLTA-member hotels and resorts across the globe now offer special Preferred Pride rates and amenities.
For more information on Preferred Hotel Gropu, its member properties, or its segment programs, please visit PreferredHotelGroup.com
About Preferred Hotel Group™
With a global reach extending into more than 85 countries, Preferred Hotel Group represents more than 650 of the finest hotels, resorts, and serviced residences in the world. Preferred Hotel Group’s brands include Preferred Hotels® & Resorts, Preferred Boutique™, Summit Hotels & Resorts™, Sterling Hotels™, Sterling Design, and Summit™ Serviced Residences. Travelers gain valuable benefits through branded programs that include Preferred Residences™, Preferred Golf, I Prefer™ global guest benefit program, and Preferred Family, a collection of hotels and resorts certified to provide a rich experience for travelers of all ages. For more information, visit us on the web at PreferredHotelGroup.com and follow us on Facebook and Twitter.
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