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Ticker:SNSTA
Company Name: Sonesta International Hotels Corporation

Business Overview from 10-K filing for Sonesta International Hotels Corporation:

(a) General Development of Business. The Company is engaged in the operation of hotels that it owns or leases in Boston (Cambridge), Massachusetts; Key Biscayne, Florida; and New Orleans, Louisiana. It also operates, under management agreements, hotels in Southampton, Bermuda (until June 1, 2004); New Orleans, Louisiana; Coconut Grove, Florida; Sunny Isles Beach, Florida; and Cairo, Luxor, Port Said, Taba and Sharm el Sheikh (2), Egypt; and three Nile River cruise vessels. The Company has also entered into management agreements to operate new hotels being created in Orlando, Florida; St. Lucia, B.W.I., and Hammamat Pharoun and Ras Sedr, Egypt. In addition, the Company has franchise agreements for hotels in St. Maarten, Brazil, Peru and Italy, and currently licenses seven (7) hotels in Peru, and three (3) hotels (four (4) until the end of December 2004), including a 10th century castle, in Tuscany, Italy.     

View the full SNSTA chart at Wikinvest

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