Fiscal first quarter 2009 highlights

-- Total revenue increased 52% year-over-year to $10.5 million.
-- EBITDA increased 46% year-over-year to $1.9 million.
-- IHC's Board appointed Ravi Deol as Chairman and Chief Executive Officer of Mars Restaurants

Fiscal First Quarter 2009 Preliminary Results
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Indian Tourism Development Corporation (ITDC) on Thursday (May 8) said it will give a dividend of 20% to its shareholders for the financial year 2006-07, reports agency sources.

ITDC, which has about 14 luxury hotels across the country under the `Ashoka` brand has announced the dividend after a gap of over nine years.

In the financial year 2006-07, it has earned Click here to read full story>

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today reported strong first quarter 2008 financial results.

First Quarter 2008 Highlights
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Highlights:

- FY2007 Revenue up 26% to S$421.9 million
- 4Q07 Revenue up 33% to S$151.4 million
- 4Q07 Operating profits up 22% to S$51.4 million
- Strong performance by hotel operations
- Increased contribution from property sales segments

Banyan Tree Holdings Limited... Click here to read full story>

The country’s largest hospitality chain, the Indian Hotels Company (IHCL), posted 31 per cent rise in net profit at Rs 134.58 crore for the quarter ended December 31, 2007 compared with Rs 102.56 crore for the same quarter last year.
The total income of IHCL has gone up by ...Click here to read full story>

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