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Trailing the Chinese Wallet Worldwide

EPISODE · Dec 6, 2012 · 23 MIN

Trailing the Chinese Wallet Worldwide

from The Breakfast Grille · host 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.See omnystudio.com/listener for privacy information.

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Trailing the Chinese Wallet Worldwide

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