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233. Ascott signs Serviced Apartments in Kuala Lumpur Sentral
Ascott signs Serviced Apartments in Kuala Lumpur Sentral. With the addition of Ascott Sentral Kuala Lumpur, Ascott has a total of 953 apartment units across eight properties in Malaysia. Ascott Sentral Kuala Lumpur is the second Ascott-branded property in the country, after Ascott Kuala Lumpur which opened in 1999. The company has five other properties in Kuala Lumpur - Somerset Se
234. Marriott to Expand Green Hotel Portfolio Ten-Fold
Marriott to Expand Green Hotel Portfolio Ten-Fold. The green hotel prototype, which will be available in April 2010, is believed to save owners approximately $100,000 and six months in design time. It will also reduce a hotel’s energy and water consumption by up to 25%, based on national averages. These savings, combined with incentives offered in many jurisdictions, could provide
235. Travel & Tourism Economy GDP Forecast to Decline by 5.5%
Travel & Tourism Economy GDP Forecast to Decline by 5.5%. Nevertheless, the updated forecasts from WTTC and Oxford Economics show that there has been no change in the projected long-term trend growth of 4% per annum forecast for travel and tourism over the coming decade, making it a key engine of expansion in the longer term.
236. Singapore Airlines Reports Second Quarter Loss
Singapore Airlines Reports Second Quarter Loss. The Singapore Airlines Group has recorded a net loss attributable to equity holders of $159 million for the second quarter of the financial year. While still a loss, this figure is an improvement of $148 million from the first quarter’s net loss of $307 million. Group revenue for the second quarter at $3,082 million increased by $210
237. Dubai launches Real Estate Road Show in Saudi Arabia
Dubai launches Real Estate Road Show in Saudi Arabia. The first-ever Dubai Real Estate Road Shows by the Dubai Department of Tourism and Commerce Marketing (DTCM) kicked off in Saudi Arabia with the first of the two promotional programmes at Riyadh Four Season Hotel on February 11. The second road show is due to be held at Jeddah Hilton on February 13.
238. SriLankan Airlines appoints New CEO
SriLankan Airlines appoints New CEO. SriLankan Airlines has appointed Manoj Gunawardena as the Chief Executive Officer of the airline. Mr. Manoj Gunawardena has been with the airline for over 25 years and has over 17 years of direct sales and commercial experience with the airline.
239. Asiana Airlines finalizes Order for Two Boeing 777-200ERs
Asiana Airlines finalizes Order for Two Boeing 777-200ERs. Asiana Airlines has completed an order for two Boeing 777-200ERs (Extended Range). The order is valued at $438 million at list prices. The South Korean airline holds rights to substitute the larger 777-300ER which features increased payload and range capability, if needed, in the future.
240. Amanda Elder appointed General Manager of the St. Regis Shanghai
Amanda Elder appointed General Manager of the St. Regis Shanghai. The St. Regis Shanghai has appointed Ms. Amanda Elder as General Manager. Ms. Elder previously worked in Starwood Hotels & Resorts in Australia and Thailand, as well as opening the first Starwood property in Ho Chi Minh City, Vietnam. Most recently Ms. Elder held the position of Regional Director of Sales and Marketi

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