Examples of Owned Hotels in a sentence
Sardar Patel Marg SaharanpurUttar Pradesh 247 001 HOTELS Owned Hotels Agra1.
Owned hotels Owned Hotels segment revenues decreased primarily driven by a decrease of 19 hotels in the owned hotel portfolio in comparison to the hotels owned at December 31, 2015 and a decline in RevPAR of 0.7 percent at our comparable owned hotels.
Our Owned Hotels segment’s Adjusted EBITDA decrease is a result of decreased Owned Hotels segment revenues of approximately $31.8 million and an increase in direct lodging expenses of $11.1 million, partially offset by decreases in other lodging and operating expenses of $1.2 million.
HWI shall ensure that all Post-1993 Owned Hotels and Post-1993 Joint Venture Hotels comply with the ADA Standards no later than four years after the Consent Decree Date by bringing at least two Post-1993 Owned Hotels or Post-1993 Joint Venture Hotels into compliance with the ADA Standards annually beginning no later than two years after the Consent Decree Date.
In the event HWI seeks to transfer or assign all or part of its ownership interest in any Owned Hotels to an unrelated party, and the successor or assignee intends on carrying on the same or similar use of the facility, HWI shall provide written notice, including the name and address of the purchaser and any legal agent, to the United States within 10 days of such sale.
For all Owned Hotels and Joint Venture Hotels under construction as of the Consent Decree Date where architectural plan changes affecting the size or layout of guest rooms or guest room bathrooms are made and construction pursuant to those plans has not been completed, and all Owned Hotels and Joint Venture Hotels where construction begins after the Consent Decree Date, the premium view accessible room shall be in the premium view category with the most rooms.
In 4Q19, Owned Hotels reported the revenue of Baht 897 million, decreased by 24.2% yoy while the FY19’s revenue was Baht 3,413 million, 21.7% decreased yoy.
The Company tracks the performance of the Owned Hotels in two groups.
The remainder of the Owned Hotels, excluding the New Hotels, are defined as Mature Hotels.
References to the JQH Hotels include both the Owned Hotels and the Managed Hotels.