• HSBC

Starwood earns Sheraton Soma Bay Resort the EAME Divisional Award of Best GOP for 2004

Sheraton Soma Bay Resort, flag-ship hotel on the Red Sea, has received the EAME Divisional Award of the Highest 'GOP Margin Improvement' for the year 2004 (Gross Operating Profit).

This accolade is in recognition to the hotel's achievements of the highest "GOP" growth in the Starwood division of Europe, Africa & the Middle East.

The nomination followed the outstanding operational performance of Sheraton Soma Bay team especially the Sales & Marketing efforts which resulted in achieving a highest revenue by an increase of 103.3% in LE and by 93.5% in $ in the year 2004 compared to 2003, with controlling expenses without any negative effects on the product quality along with the concentration on trainings to improve staff skills all of which resulted in increasing the hotel "GOP".

"Our commitment, over the past few year to applying long term marketing plans, approaching new markets & improving the hotel services and facilities along with enhancing the hotel's staff skills have all contributed to this highly prestigious award. It was a great honor that our efforts were appreciated and prized by Divisional President for Europe, Africa & Middle East Mr. Roeland Vos & Senior Vice President, Regional Director of Starwood hotels in AME Mr. Philip Cassis,"


said Franz Kielnhofer, General Manager of Sheraton Soma Bay Resort.
Mr. Roaland Vos, Franz Kielnhofer & Victor Fayez Sheraton Soma Bay Director of Finance while receiving the award. 
Mr. Roaland Vos, Franz Kielnhofer & Victor Fayez Sheraton Soma Bay Director of Finance while receiving the award.
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Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with approximately 750 properties in more than 80 countries and 120,000 employees at its owned and managed properties. With internationally renowned brands, Starwood® corporation is a fully integrated owner, operator and franchisor of hotels and resorts including: St. Regis®, The Luxury Collection®, Sheraton®, Westin®, Four Points® by Sheraton, and W®, Hotels and Resorts as well as Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit www.starwoodhotels.com

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