| | Business Summary | | Sonesta
International
Hotels
Corporation
is
engaged
in
the
operation
of
hotels
that
it
owns
or
leases
in
Boston
(Cambridge),
Massachusetts;
Key
Biscayne,
Florida;
New
Orleans,
Louisiana;
and
Anguilla,
British
West
Indies.
The
Company
also
operates,
under
management
agreements,
hotels
in
Southampton,
Bermuda;
New
Orleans,
Louisiana;
and
Cairo,
Luxor,
Port
Said
and
Sharm
el
Sheikh,
Egypt;
and
three
Nile
River
cruise
vessels.
The
Company's
hotels
are
primarily
metropolitan
and
resort
hotels
in
popular
vacation
areas
that
emphasize
luxury
accommodations
and
personal
service. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Sonesta
operated
hotels
in
Boston,
Massachusetts;
Key
Biscayne,
Florida;
New
Orleans,
Louisiana;
and
Anguilla,
British
West
Indies.
For
the
six
months
ended
6/30/01,
revenues
rose
3%
to
$58.5
million.
Net
income
before
extraordinary
item
applicable
to
Common
fell
38%
to
$2.5
million.
Revenues
reflect
uninterrupted
operations
at
Sonesta
Beach
Resort
Anguilla.
Net
income
was
offset
by
higher
costs
for
labor,
utilities,
insurance,
and
other
operating
items. | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Roger Sonnabend, 74
Chairman
and CEO | $488K | Stephanie Sonnabend, 47
Pres | -- | Peter Sonnabend, 46
Vice
Chairman, Gen. Counsel and Sec. | -- | Paul Sonnabend, 72
CFO | 462K | Jacqueline Sonnabend, 45
Exec.
VP | -- | | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/s/snsta.gif)