Today's Hotel Financial News http://www.hotelnewsresource.com Today's Hotel Financial News from Hotel News Resource en-us Hotel News Resource http://www.nevistas.com/nev_logo.gif http://www.hotelnewsresource.com support@nevistas.com MGM Resorts International Reports First Quarter Financial And Operating Results https://www.hotelnewsresource.com/article94240MGM_Resorts_International_Reports_First_Quarter_Financial_And_Operating_Results.html https://www.hotelnewsresource.com/article94240MGM_Resorts_International_Reports_First_Quarter_Financial_And_Operating_Results.html Increased diluted earnings per share in the first quarter of 2017 by 200% to $0.36 from $0.12 in the prior year quarter - Declared quarterly dividend of $0.11 per share Thu, 27 Apr 2017 10:17:52 EST Extended Stay America Announces First Quarter 2017 Results https://www.hotelnewsresource.com/article94230Extended_Stay_America_Announces_First_Quarter______Results.html https://www.hotelnewsresource.com/article94230Extended_Stay_America_Announces_First_Quarter______Results.html Net Income increases 8.9% to $16.1 million - Adjusted EBITDA grows 5.5% to $129.6 million Thu, 27 Apr 2017 09:13:34 EST The Marcus Corporation Reports Record Revenues and Increased Earnings for the First Quarter of Fiscal 2017 https://www.hotelnewsresource.com/article94228The_Marcus_Corporation_Reports_Record_Revenues_and_Increased_Earnings_for_the_First_Quarter_of_Fiscal_____.html https://www.hotelnewsresource.com/article94228The_Marcus_Corporation_Reports_Record_Revenues_and_Increased_Earnings_for_the_First_Quarter_of_Fiscal_____.html Total revenues for the first quarter of fiscal 2017 were a record $157,954,000, a 25.9% increase from revenues of $125,444,000 for the first quarter of fiscal 2016. Thu, 27 Apr 2017 09:07:35 EST Las Vegas Sands Reports First Quarter 2017 Results https://www.hotelnewsresource.com/article94213Las_Vegas_Sands_Reports_First_Quarter______Results.html https://www.hotelnewsresource.com/article94213Las_Vegas_Sands_Reports_First_Quarter______Results.html Consolidated Net Revenue Increased 14.3% to $3.11 Billion - Net Income Increased 41.3% to $578 Million Wed, 26 Apr 2017 16:24:48 EST Hoteles City Express Reports ADR Growth of 18.0% and Operating Income Increase of 47.4% for 1st Quarter 2017 https://www.hotelnewsresource.com/article94212Hoteles_City_Express_Reports_ADR_Growth_of_______and_Operating_Income_Increase_of_______for__st_Quarter_____.html https://www.hotelnewsresource.com/article94212Hoteles_City_Express_Reports_ADR_Growth_of_______and_Operating_Income_Increase_of_______for__st_Quarter_____.html At the Chain level, ADR and RevPAR increased by 18.0% and 10.6% in comparison with 1Q16, to $957 and $532, respectively. Chain occupancy in 1Q17 was 55.6%. Wed, 26 Apr 2017 16:17:52 EST Wyndham Worldwide Reports First Quarter 2017 Results https://www.hotelnewsresource.com/article94208Wyndham_Worldwide_Reports_First_Quarter______Results.html https://www.hotelnewsresource.com/article94208Wyndham_Worldwide_Reports_First_Quarter______Results.html First quarter revenues were $1.3 billion, up 1% compared with the prior year period. Wed, 26 Apr 2017 15:40:01 EST Wynn Resorts Reports 47.9 Percent Revenue Growth for First Quarter 2017 https://www.hotelnewsresource.com/article94201Wynn_Resorts_Reports______Percent_Revenue_Growth_for_First_Quarter_____.html https://www.hotelnewsresource.com/article94201Wynn_Resorts_Reports______Percent_Revenue_Growth_for_First_Quarter_____.html Net revenues were $1.48 billion for the first quarter of 2017, an increase of 47.9%, or $478.0 million, from $997.7 million for the same period of 2016. The increase was the result of $475.8 million from Wynn Palace and an increase of $23.4 million from our Las Vegas Operations, partially offset by a decrease of $21.2 million from Wynn Macau. Wed, 26 Apr 2017 11:29:08 EST Chesapeake Lodging Trust Reports First Quarter RevPAR Decline https://www.hotelnewsresource.com/article94199Chesapeake_Lodging_Trust_Reports_First_Quarter_RevPAR_Decline.html https://www.hotelnewsresource.com/article94199Chesapeake_Lodging_Trust_Reports_First_Quarter_RevPAR_Decline.html 3.6% decrease for the 22-hotel portfolio and 2.5% decrease for the 15-hotel portfolio over the same period in 2016. Wed, 26 Apr 2017 11:21:17 EST Hersha Hospitality Trust Announces First Quarter 2017 Results https://www.hotelnewsresource.com/article94198Hersha_Hospitality_Trust_Announces_First_Quarter______Results.html https://www.hotelnewsresource.com/article94198Hersha_Hospitality_Trust_Announces_First_Quarter______Results.html Q1 2017 Net Income of $18.7 Million, or $0.44 per Share - Q1 2017 Comparable Portfolio RevPAR Growth of 3.1% Wed, 26 Apr 2017 11:17:08 EST LaSalle Hotel Properties Reports First Quarter 2017 Results https://www.hotelnewsresource.com/article94123LaSalle_Hotel_Properties_Reports_First_Quarter______Results.html https://www.hotelnewsresource.com/article94123LaSalle_Hotel_Properties_Reports_First_Quarter______Results.html The Company’s RevPAR increased 1.4% to $177.56, driven by 1.2% growth in average daily rate to $228.39 and a 0.2% gain in occupancy to 77.7%. Wed, 19 Apr 2017 17:14:37 EST Baird/STR Stock Index Up 3.3 Percent for March 2017 https://www.hotelnewsresource.com/article94013U_S__Hotel_Stocks_Up_____Percent_for_March_____.html https://www.hotelnewsresource.com/article94013U_S__Hotel_Stocks_Up_____Percent_for_March_____.html The Baird/STR Hotel Stock Index for March outperformed both the S&P 500 (0.0%) and the MSCI REIT (RMZ) (-3.0%). Wed, 12 Apr 2017 10:55:43 EST Marriott International Maps Future Growth at Investor Day https://www.hotelnewsresource.com/article93697Marriott_International_Maps_Future_Growth_at_Investor_Day.html https://www.hotelnewsresource.com/article93697Marriott_International_Maps_Future_Growth_at_Investor_Day.html Growing Global Distribution and Integration of Starwood Expected to Drive Record Cash Flow to Shareholders Tue, 21 Mar 2017 11:59:12 EST The Investment Intensity Index From JLL Reveals European Cities Are Still on Top but China and Australia Are Taking Strides https://www.hotelnewsresource.com/article93653The_Investment_Intensity_Index_From_JLL_Reveals_European_Cities_Are_Still_on_Top_but_China_and_Australia_Are_Taking_Strides.html https://www.hotelnewsresource.com/article93653The_Investment_Intensity_Index_From_JLL_Reveals_European_Cities_Are_Still_on_Top_but_China_and_Australia_Are_Taking_Strides.html Real estate investment intensity yet to reach critical mass in Asia Pacific cities Thu, 16 Mar 2017 10:52:12 EST Hyatt Announces Redemption of $290 Million Playa Preferred Stock Investment https://www.hotelnewsresource.com/article93642Hyatt_Announces_Redemption_of______Million_Playa_Preferred_Stock_Investment.html https://www.hotelnewsresource.com/article93642Hyatt_Announces_Redemption_of______Million_Playa_Preferred_Stock_Investment.html Commences $300 Million Accelerated Share Repurchase; Updates 2017 Outlook Thu, 16 Mar 2017 09:30:27 EST Fibra Inn Announces Report of Hotel Indicators for February 2017 https://www.hotelnewsresource.com/article93546Fibra_Inn_Announces_Report_of_Hotel_Indicators_for_February_____.html https://www.hotelnewsresource.com/article93546Fibra_Inn_Announces_Report_of_Hotel_Indicators_for_February_____.html Same-store RevPar Increases 8.7 percent Fri, 10 Mar 2017 10:36:38 EST Eldorado Resorts Reports Fourth Quarter Net Revenue of $206.5 Million https://www.hotelnewsresource.com/article93544Eldorado_Resorts_Reports_Fourth_Quarter_Net_Revenue_of________Million.html https://www.hotelnewsresource.com/article93544Eldorado_Resorts_Reports_Fourth_Quarter_Net_Revenue_of________Million.html Operating Income of $13.1 Million and Adjusted EBITDA of $33.6 Million Fri, 10 Mar 2017 10:32:11 EST Vail Resorts Reports Fiscal 2017 Second Quarter Results and Increases Quarterly Dividend by 30% https://www.hotelnewsresource.com/article93543Vail_Resorts_Reports_Fiscal______Second_Quarter_Results_and_Increases_Quarterly_Dividend_by____.html https://www.hotelnewsresource.com/article93543Vail_Resorts_Reports_Fiscal______Second_Quarter_Results_and_Increases_Quarterly_Dividend_by____.html Net income attributable to Vail Resorts, Inc. was $149.2 million for the second fiscal quarter of 2017, an increase of 27.5% compared to net income of $117.0 million for the second fiscal quarter of 2016. Fri, 10 Mar 2017 10:28:04 EST Red Lion 2016 Adjusted EBITDA Grows 56% to $19.5 Million https://www.hotelnewsresource.com/article93499Red_Lion______Adjusted_EBITDA_Grows_____to_______Million.html https://www.hotelnewsresource.com/article93499Red_Lion______Adjusted_EBITDA_Grows_____to_______Million.html RLHC Reports Fourth Quarter and Full Year 2016 Results Wed, 8 Mar 2017 10:20:09 EST American Hotel Income Properties REIT Q4 2016 Same Property NOI Up 10.3% https://www.hotelnewsresource.com/article93497American_Hotel_Income_Properties_REIT_Q_______Same_Property_NOI_Up______.html https://www.hotelnewsresource.com/article93497American_Hotel_Income_Properties_REIT_Q_______Same_Property_NOI_Up______.html American Hotel Income Properties REIT LP Reports Fourth Quarter and Year End 2016 Financial Results Wed, 8 Mar 2017 10:07:46 EST Baird/STR Stock Index Up 0.7 Percent for February 2017 https://www.hotelnewsresource.com/article93470U_S__Hotel_Stocks_Up_____Percent_for_February_____.html https://www.hotelnewsresource.com/article93470U_S__Hotel_Stocks_Up_____Percent_for_February_____.html The Hotel Brand sub-index increased 1.7% to 5,111 from January to February, while the Hotel REIT sub-index fell 1.0% to 1,580 during the month. Tue, 7 Mar 2017 10:22:08 EST