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Trailing the Chinese Wallet Worldwide episode artwork

Dec 6, 2012 23 min

Trailing the Chinese Wallet Worldwide

from The Breakfast Grille Hosted by BFM Media

Dorsett Hospitality International President and Executive Director Winnie Chiu discusses: - 3- to 4- Star Segment positioning; - ‘Chinese Wallet’ strategy - reported global slowdown; - Rooms - portfolio - inventory - revenue management; - Rates structure - comparables - price brackets; - Owners - ‘feel’ the hotel industry; - Reaching optimal market mix - strategy; - 95% of rooms owned - issues; - Adjusted EBITDA margins of @ 46% - details; - Sentiment - non-existent - divesting if returns good - details; - China slowing - outward-bound China and HK travel - Dorsett strategy; - Segment margin - China - negative territory - issues; - Far East - parent - still owns over 73% of Dorsett - plans to free up some shares; - Discount to net Assets per share - issues.

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Trailing the Chinese Wallet Worldwide

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