By next year, ALHI plans to break ground for hotel and resort projects in two major tourist hubs in the country: Boracay and Coron.
Funding for these future projects is internally generated and bank sales are still very strong,' ALHI vice chair and chief executive officer Steve Li said in an interview after Anchor Land's stockholders meeting on Thursday.
This year, ALHI will launch three of its projects: its warehouse development called Logistics Center located in Binondo; the Peak Parksuites in Davao; and, its first bed spacing or dormitory-type project in Pasay City.
ALHI will continue concentrating on the North American meetings, incentives and conventions marketplace for its membership of over 250 luxury-level independent hotels and resorts worldwide totaling 138,500 rooms; plus, their Global Alliance partnership including 23 luxury cruise ships, and Destination Management Companies in over 100 locations worldwide.
ALHI has 20 Global Sales offices across North America, staffed by 65 Global Sales professionals, and will add ALHI GSO sales offices in Europe in 2017.
After 25 years of each organization successfully serving the meetings and incentive industry with National Sales responsibilities for their member hotels and resorts, it is a logical step for ALHI and the H + G teams to join forces," said David Gabri, president and CEO of ALHI (www.
With the H + G acquisition, Kevin Hinton has been named Executive Vice President of ALHI; Bill Grusich, CMP, Senior Vice President; Kathy Kozminske, Vice President; and the majority of the H + G staff will join ALHI, augmenting the current ALHI sales and leadership team throughout North America.
ALHI is a member-service-driven organization with 25 member companies featuring 52 hotels and resorts and one transportation company.
ALHI has an advisory committee with an elected chairperson.
For information on ALHI
National Sales Office, call the "ALHI
Luxury Group Desk" toll-free at 866-303-2544 or visit www.
Therefore, adjusted net operating income per share was calculated based on the number of shares of stock of ALHI
we owned from January 1, 1996 through September 20, 2000.
9 million shares of common stock held by the public in ALHI
on a one-for-one basis.