FORM 10-Q

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

(Mark One)

[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE
                  SECURITIES EXCHANGE ACT OF 1934
          For the Quarterly period ended March 31, 1997

                                OR

[ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE
                  SECURITIES EXCHANGE ACT OF 1934

For the transition period from _____________________  to  ______________________

                          Commission file number 0-9032

                    SONESTA INTERNATIONAL HOTELS CORPORATION
             (Exact name of registrant as specified in its charter)

                    NEW YORK                                     13-5648107
                    --------                                     ----------
         (State or other jurisdiction                         (I.R.S. Employer
       of incorporation or organization)                     Identification No.)

                     200 Clarendon Street, Boston, MA 02116
-------------------------------------------------------------------------------
                    (Address of principal executive offices)
                                   (Zip Code)

                                  617-421-5400
-------------------------------------------------------------------------------
              (Registrant's telephone number, including area code)

-------------------------------------------------------------------------------
              (Former name, former address and former fiscal year,
                          if changed since last report)

         Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. 
Yes  X   No 
    ---     ---

                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                  PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

         Indicate by check mark whether the registrant has filed all documents
and reports required to be filed by Section 12, 13 or 15 (d) of the Securities
Exchange Act of 1934 subsequent to the distribution of securities under a plan
confirmed by a court. 
Yes ___  No ___

                      APPLICABLE ONLY TO CORPORATE ISSUERS:

                  Number of Shares of Common Stock Outstanding
                     as of May 13, 1997 -- $.80 par value,
                              Class A -- 2,068,215


<PAGE>
                                    AMENDED


                                                                       FORM 10-Q

                    SONESTA INTERNATIONAL HOTELS CORPORATION
                CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited)
                           Increase (Decrease) in Cash

<TABLE>
<CAPTION>
                                                                         (in thousands)
                                                                   ---------------------------
                                                                   Three Months Ended March 31
                                                                    1997                 1996
                                                                   ------               ------

<S>                                                               <C>                  <C>      
Cash provided (used) by operating activities
     Net loss                                                     $   (359)            $   (630)

Items not (providing) requiring cash
      Foreign exchange gain                                             --                    1
      Pension expense                                                  189                  151
      Depreciation and amortization                                  1,141                1,000
      Amortization of loan costs                                        20                    3
      Deferred federal income tax provision (benefit)                  (38)                  39
      Gain on sales of assets                                           (6)                (183)
      Provision for doubtful accounts                                   10                    9
      Equity in net loss of hotel and casino                            --                   16

Changes in assets and liabilities
      Accounts and notes receivable                                    956                  281
      Inventories                                                       38                 (105)
      Prepaid expenses                                                (279)                (916)
      Accounts payable                                              (3,074)              (1,317)
      Advance deposits                                                (587)                 (19)
      Federal, foreign and state income taxes                         (193)                 (19)
      Accrued liabilities                                           (2,967)               1,131
                                                                  --------             --------
      Cash used by operating activities                             (5,149)                (558)

Cash provided (used) by investing activities
     Proceeds from sales of assets                                       9                    8
     Expenditures for property and equipment                        (2,082)                (941)
     Cash in escrow                                                 (1,883)                  --
     Cash reimbursed from escrow                                       840
     Investments in hotels                                              --                  (91)
     New loans and advances                                         (1,106)                 (89)
     Payments received on long-term receivables
       and advances                                                    413                  594
                                                                  --------             --------
   Cash used by investing activities                                (3,809)                 (519)

Cash provided (used) by financing activities
     Changes in notes payable                                           --                 (273)
     Proceeds from issuance of long-term debt                       24,580                   --
     Cost of financing                                                (423)                  --
     Payments on long-term debt                                    (17,400)                (350)
     Payments on capitalized lease obligations                         (13)                 (27)
     Cash dividends paid                                              (313)                (314)
                                                                  --------             --------
          Cash provided (used) by financing activities               6,431                 (964)
      Loss from effect of exchange rate
        changes on cash                                                 --                   (1)
                                                                  --------             --------
Net decrease in cash                                                (2,527)              (2,042)
Cash and cash equivalents at beginning of period                     3,692                3,370
                                                                  --------             --------
Cash and cash equivalents at end of period                        $  1,165             $  1,328
                                                                  ========             ========
</TABLE>



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<PAGE>


                                                                       FORM 10-Q





                                    SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned thereunto duly authorized.


                            SONESTA INTERNATIONAL HOTELS CORPORATION


                            By: _____________________________________________
                            Boy van Riel
                            Vice President and Treasurer

                            (Authorized to sign on behalf of the Registrant as
                            Principal Financial Officer)

                            DATE:     May 13, 1997






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