July 27, 2016 7:11 PM ET

Hotels, Restaurants and Leisure

Company Overview of Preferred Hotels and Resorts Worldwide, Inc.

Company Overview

Preferred Hotels and Resorts Worldwide, Inc. operates luxury resorts and hotels in Europe, the Americas, Asia, and the Middle East. It offers rooms and suites. The company’s amenities include a pool, a spa, a dining room, entertainment, a kids’ club, and a playroom. Preferred Hotels and Resorts Worldwide, Inc. also offers biking, golf, tennis, hiking, water sports, fishing, horseback riding, and winter sports activities. The company was founded in 1968 and is based in Chicago, Illinois. Preferred Hotels and Resorts Worldwide, Inc. operates as a subsidiary of Preferred Hotel Group, Inc.

311 South Wacker Drive

Suite 1900

Chicago, IL 60606

United States

Founded in 1968





Key Executives for Preferred Hotels and Resorts Worldwide, Inc.

Chairman and Chief Executive Officer
Age: 72
Senior Vice President and Director of Finance
Senior Vice President of Development
Area Managing Director of Asia
Executive Vice President
Compensation as of Fiscal Year 2016.

Preferred Hotels and Resorts Worldwide, Inc. Key Developments

Preferred Hotels & Resorts Appoints Claudio Roscigno as the Regional Director, Middle East & North Africa

Preferred Hotels & Resorts has welcomed Claudio Roscigno as the its regional director, Middle East & North Africa, based out of the brand's new regional headquarters in Dubai. With over 15 years of industry experience and an international pedigree that includes senior executive roles with Rosewood Hotels, Four Seasons Hotels and InterContinental Hotels & Resorts, Roscigno has developed front office and food and beverage (F&B) operations and experienced new hotel openings across three continents. In addition, he has held responsibility for various regional sales office set-ups and headed-up specific task force management projects.

Preferred Hotels Seek Acquisitions

Saurabh Rai, area Managing Director of South Asia and the Middle East for Preferred Hotels and Resorts Worldwide, Inc. of Preferred Hotel Group, Inc. said, "We are going for the organic route under which we will grow as our business partners build or acquire new properties."

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Recent Private Companies Transactions

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