LVS doubles Q1 profit: Las Vegas Sands saw its profit double year-on-year in the first quarter to US$489.9 million.
Read more at The Washington Post
Rezidor reduces losses: Rezidor Hotel Group posted a loss of €14.1 million (US$18.6 million) in the first quarter of 2012, down from a €17.4 million (US$23 million) during the same period in 2011.
Aimbridge to manage Haiti Best Western: Aimbridge Hospitality announced on Thursday that it has been chosen to manage the new Best Western Premier Petion-Ville Hotel in Haiti.
Preferred targets Europe: Preferred Hotel Group announced that it appointed Susan Devine as Executive Vice President of Preferred’s European Region as part of expansion plans for its European sales team.
Warwick expands in Fiji: Warwick International Hotels is set to manage the 109-room Tokatoka Resort Hotel, located in Nadi, Fiji.
Read more at Espace Datapresse (in French)
White Horse buys Aussie Club Med: White Horse Holdings bought Club Med Lindeman Island for A$12 million (US$12.4 million).