Trailing the Chinese Wallet Worldwide

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.