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 Baird/STR Hotel Stock Index Expands to 20 Stocks; Hotel Brand and Hotel REIT Sub-indices Created http://www.hotelnewsresource.com/article80518U_S__Hotel_Brand_Sub_Index_Reported_a_____percent_Decrease_for_September_____.html http://www.hotelnewsresource.com/article80518U_S__Hotel_Brand_Sub_Index_Reported_a_____percent_Decrease_for_September_____.html The Baird/STR Hotel Stock Index has expanded to 20 stocks, up from 15 previously, effective for the fourth-quarter 2014. New constituents include Chesapeake Lodging Trust, Hersha Hospitality Trust, La Quinta Holdings, Pebblebrook Hotel Trust and Strategic Hotels & Resorts. Thu, 30 Oct 2014 16:29:14 EST Diamond Resorts International, Inc. Third Quarter 2014 Total Revenue Up 15.8% http://www.hotelnewsresource.com/article80506Diamond_Resorts_International__Inc__Third_Quarter______Total_Revenue_Up______.html http://www.hotelnewsresource.com/article80506Diamond_Resorts_International__Inc__Third_Quarter______Total_Revenue_Up______.html Total revenue increased $30.4 million, or 15.8%, to $222.0 million for the third quarter of 2014 from $191.6 million for the third quarter of 2013. Thu, 30 Oct 2014 08:54:44 EST Hersha Hospitality Trust Third Quarter 2014 Adjusted EBITDA Increases 6.9% http://www.hotelnewsresource.com/article80504Hersha_Hospitality_Trust_Third_Quarter______Adjusted_EBITDA_Increases_____.html http://www.hotelnewsresource.com/article80504Hersha_Hospitality_Trust_Third_Quarter______Adjusted_EBITDA_Increases_____.html On a comparable basis (44 hotels), RevPAR increased 9.4% to $161.65, with an ADR increase of 5.0% to $187.99 and occupancy growth of 344 basis points to 86.0%. ADR led growth drove the comparable portfolio’s margin performance, with EBITDA margins increasing 150 basis points to 38.5%. Thu, 30 Oct 2014 08:44:53 EST Hyatt Reports Third Quarter 2014 Results http://www.hotelnewsresource.com/article80497Hyatt_Reports_Third_Quarter______Results.html http://www.hotelnewsresource.com/article80497Hyatt_Reports_Third_Quarter______Results.html Eleven hotels were opened. As of September 30, 2014, the Company's executed contract base consisted of approximately 250 hotels or approximately 55,000 rooms. Wed, 29 Oct 2014 10:12:56 EST Wynn Resorts Third Quarter 2014 Net Revenues Down http://www.hotelnewsresource.com/article80495Wynn_Resorts_Third_Quarter______Net_Revenues_Down.html http://www.hotelnewsresource.com/article80495Wynn_Resorts_Third_Quarter______Net_Revenues_Down.html Net revenues for the third quarter of 2014 were $1,370.0 million, compared to $1,390.1 million in the third quarter of 2013. The decline was the result of a 5.6% net revenue decrease from our Macau Operations, partially offset by a 9.0% increase in net revenues from Las Vegas Operations. Wed, 29 Oct 2014 10:05:56 EST Marriott International Reports Third Quarter Results; Reaches Milestone 700,000 Rooms Worldwide http://www.hotelnewsresource.com/article80491Marriott_International_Reports_Third_Quarter_Results__Reaches_Milestone_________Rooms_Worldwide.html http://www.hotelnewsresource.com/article80491Marriott_International_Reports_Third_Quarter_Results__Reaches_Milestone_________Rooms_Worldwide.html At the end of the third quarter, the company's worldwide development pipeline increased to nearly 225,000 rooms, including approximately 37,000 rooms approved, but not yet subject to signed contracts. Wed, 29 Oct 2014 09:42:12 EST Choice Hotels Q3 Domestic RevPAR and Royalties Up 9% http://www.hotelnewsresource.com/article80467Choice_Hotels_Q__Domestic_RevPAR_and_Royalties_Up___.html http://www.hotelnewsresource.com/article80467Choice_Hotels_Q__Domestic_RevPAR_and_Royalties_Up___.html Diluted earnings per share from continuing operations for the three months ended September 30, 2014 totaled $0.67 compared to $0.65 for the same period of 2013. Mon, 27 Oct 2014 13:45:50 EST Wyndham Worldwide Reports Third Quarter 2014 Earnings http://www.hotelnewsresource.com/article80451Wyndham_Worldwide_Reports_Third_Quarter______Earnings.html http://www.hotelnewsresource.com/article80451Wyndham_Worldwide_Reports_Third_Quarter______Earnings.html Strong results delivered in the third quarter, with 11% growth in adjusted EBITDA and 18% growth in adjusted EPS, Mon, 27 Oct 2014 10:07:24 EST Pebblebrook Hotel Trust Third Quarter RevPar Grows 11.4% http://www.hotelnewsresource.com/article80437Pebblebrook_Hotel_Trust_Third_Quarter_RevPar_Grows______.html http://www.hotelnewsresource.com/article80437Pebblebrook_Hotel_Trust_Third_Quarter_RevPar_Grows______.html The Company’s hotels generated $70.1 million of Same-Property EBITDA for the quarter ended September 30, 2014, rising 21.0 percent compared with the same period of 2013. Same-Property Revenues climbed 9.2 percent, while Same-Property Expenses were held to an increase of just 3.6 percent. Fri, 24 Oct 2014 09:05:02 EST La Quinta Holdings Inc. Third Quarter 2014 Revenues Up 10.0% http://www.hotelnewsresource.com/article80435La_Quinta_Holdings_Inc__Third_Quarter______Revenues_Up______.html http://www.hotelnewsresource.com/article80435La_Quinta_Holdings_Inc__Third_Quarter______Revenues_Up______.html System-wide comparable RevPAR increased 8.9 percent, ADR increased 4.6 percent and occupancy increased 282 basis points Thu, 23 Oct 2014 11:11:51 EST Hoteles City Announces Third Quarter 2014 RevPAR Up 11.7% http://www.hotelnewsresource.com/article80433Hoteles_City_Announces_Third_Quarter______RevPAR_Up______.html http://www.hotelnewsresource.com/article80433Hoteles_City_Announces_Third_Quarter______RevPAR_Up______.html Reports Revenue and Adjusted EBITDA of 11.7%, 28.0% and 38.2%, Respectively Reaching an Adjusted EBITDA Margin of 35.5% Thu, 23 Oct 2014 11:06:38 EST LaSalle Hotel Properties Q3 RevPAR Improved 11.5%; ADR Increased 10.2% http://www.hotelnewsresource.com/article80415LaSalle_Hotel_Properties_Q__RevPAR_Improved________ADR_Increased______.html http://www.hotelnewsresource.com/article80415LaSalle_Hotel_Properties_Q__RevPAR_Improved________ADR_Increased______.html LaSalle Hotel Properties Reports Third Quarter 2014 Results Thu, 23 Oct 2014 08:47:59 EST Fibra Inn Reports 6.0% Increase of Same Store Sales for Third Quarter http://www.hotelnewsresource.com/article80411Fibra_Inn_Reports______Increase_of_Same_Store_Sales_for_Third_Quarter.html http://www.hotelnewsresource.com/article80411Fibra_Inn_Reports______Increase_of_Same_Store_Sales_for_Third_Quarter.html Fibra Inn Announces Consolidated Results for the Third Quarter 2014 Wed, 22 Oct 2014 11:49:53 EST IHG Reports Global Q3 Comparable RevPAR Growth of 7.0% http://www.hotelnewsresource.com/article80352IHG_Reports_Global_Q__Comparable_RevPAR_Growth_of_____.html http://www.hotelnewsresource.com/article80352IHG_Reports_Global_Q__Comparable_RevPAR_Growth_of_____.html Global Q3 comparable RevPAR growth of 7.0%; 6.3% in the first nine months 8k rooms opened in Q3; net system size up 2.7% year on year to 697k rooms Tue, 21 Oct 2014 07:35:14 EST Las Vegas Sands Third Quarter 2014 Net Revenue Decreased 1.0% http://www.hotelnewsresource.com/article80304Las_Vegas_Sands_Third_Quarter______Net_Revenue_Decreased_____.html http://www.hotelnewsresource.com/article80304Las_Vegas_Sands_Third_Quarter______Net_Revenue_Decreased_____.html Las Vegas Sands Reports Third Quarter 2014 Results Thu, 16 Oct 2014 12:11:58 EST Hersha Hospitality Trust Third Quarter 2014 Comparable Hotel RevPAR Improves 9.4% http://www.hotelnewsresource.com/article80151Hersha_Hospitality_Trust_Third_Quarter______Comparable_Hotel_RevPAR_Improves_____.html http://www.hotelnewsresource.com/article80151Hersha_Hospitality_Trust_Third_Quarter______Comparable_Hotel_RevPAR_Improves_____.html For third quarter 2014, RevPAR at the Company's comparable hotels increased 9.4% to $161.66. The Company’s average daily rate (ADR) for the comparable portfolio increased 5.0% to $188.01, while occupancy increased 344 basis points to 86.0%. Wed, 8 Oct 2014 11:00:20 EST Baird/STR Stock Down Index for September 2014 http://www.hotelnewsresource.com/article80072U_S__Hotel_Stocks_Down_____in_September_____.html http://www.hotelnewsresource.com/article80072U_S__Hotel_Stocks_Down_____in_September_____.html The Baird/STR Hotel Stock Index reported a 2.4-percent decrease to 3,601 in September and is up 13.4 percent year to date. The index ended 2013 at 3,177. Fri, 3 Oct 2014 10:23:28 EST Vail Resorts Fiscal 2014 Fourth Quarter Resorts Reported EBITDA Increased 11.6% http://www.hotelnewsresource.com/article80009Vail_Resorts_Fiscal______Fourth_Quarter_Resorts_Reported_EBITDA_Increased______.html http://www.hotelnewsresource.com/article80009Vail_Resorts_Fiscal______Fourth_Quarter_Resorts_Reported_EBITDA_Increased______.html Resort Reported EBITDA increased 11.6% to $268.8 million for fiscal 2014 compared to the prior fiscal year. This includes $9.8 million of expenses related to the Canyons integration and Park City Mountain Resort litigation. Net income attributable to Vail Resorts, Inc. was $28.5 million for fiscal 2014. Sun, 28 Sep 2014 16:18:40 EST Hoteles City Announces Plan to Launch Global Offering of Shares http://www.hotelnewsresource.com/article79983Hoteles_City_Announces_Plan_to_Launch_Global_Offering_of_Shares.html http://www.hotelnewsresource.com/article79983Hoteles_City_Announces_Plan_to_Launch_Global_Offering_of_Shares.html Hoteles City Express, S.A.B. de C.V. (BMV:HCITY) announced today its intention to launch an offering of common stock in a global primary and secondary offering both in Mexico and internationally, subject to market conditions and the receipt of certain regulatory authorizations. Thu, 25 Sep 2014 07:15:41 EST The Marcus Corporation Reports First Quarter Revenues for Marcus Hotels & Resorts http://www.hotelnewsresource.com/article79895The_Marcus_Corporation_Reports_First_Quarter_Revenues_for_Marcus_Hotels___Resorts.html http://www.hotelnewsresource.com/article79895The_Marcus_Corporation_Reports_First_Quarter_Revenues_for_Marcus_Hotels___Resorts.html Marcus Hotels & Resorts achieved record revenues and near-record operating income for the first quarter, and revenue per available room (RevPAR) for comparable company-owned hotels was up 6.5%. Thu, 18 Sep 2014 08:44:15 EST