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 Stock Index Up 7.1Percent for December 2016 https://www.hotelnewsresource.com/article92783U_S__Hotel_Stocks_Up_____Percent_for_December_____.html https://www.hotelnewsresource.com/article92783U_S__Hotel_Stocks_Up_____Percent_for_December_____.html The Baird/STR Hotel Stock Index increased 7.1% from November to December and closed the year up 19.6% at 3,702. Tue, 17 Jan 2017 16:48:09 EST Fibra Inn Announces Monthly Report of Hotel Indicators for December 2016 and Fourth Quarter 2016 https://www.hotelnewsresource.com/article92739Fibra_Inn_Announces_Monthly_Report_of_Hotel_Indicators_for_December______and_Fourth_Quarter_____.html https://www.hotelnewsresource.com/article92739Fibra_Inn_Announces_Monthly_Report_of_Hotel_Indicators_for_December______and_Fourth_Quarter_____.html Occupancy levels increased 1.9 percentage points. It is important to mention that generally, during the months of December and January, there is an expected decrease in occupancy due to the seasonality of the holiday season that results in a lower number of business travelers. However, December occupancy rose compared to December 2015. Fri, 13 Jan 2017 09:45:37 EST Marriott Stock: Is It Too Late to Buy In? - Fox Business https://www.hotelnewsresource.com/article92557Marriott_Stock__Is_It_Too_Late_to_Buy_In____Fox_Business.html https://www.hotelnewsresource.com/article92557Marriott_Stock__Is_It_Too_Late_to_Buy_In____Fox_Business.html The hotel industry is not a high-growth segment of the market with a lot of surprises, particularly not at the top, where companies have thousands of properties and forecast low-single-digit changes in sales. Yet Marriott International(NASDAQ: MAR) shares have grown 25% so far in 2016. Tue, 27 Dec 2016 13:27:52 EST Baird/STR Stock Index Up 11.8 Percent for November 2016 https://www.hotelnewsresource.com/article92419U_S__Hotel_Stocks_Up______Percent_for_November_____.html https://www.hotelnewsresource.com/article92419U_S__Hotel_Stocks_Up______Percent_for_November_____.html The Baird/STR Hotel Stock Index increased 11.8% in November to close the month at 3,474. Year to date, the index has grown 12.3%. Thu, 15 Dec 2016 09:05:30 EST Fibra Inn Announces Reports 19.3 Percent RevPar Increase for November 2016 https://www.hotelnewsresource.com/article92302Fibra_Inn_Announces_Reports______Percent_RevPar_Increase_for_November_____.html https://www.hotelnewsresource.com/article92302Fibra_Inn_Announces_Reports______Percent_RevPar_Increase_for_November_____.html The 19.3% increase in Revenue per Available Room (RevPar excluding the addition of rooms) was the net effect of the 5.8% rate increase and the 7.5 percentage point occupancy level increase that was driven by the strength of the industrial sector in northern Mexico as well as in other central cities such as Guadalajara, Toluca and the hotels in the Bajio region. Fri, 9 Dec 2016 07:18:52 EST Fibra Inn Reports 11.4 Percent Increase in RevPar for October 2016 https://www.hotelnewsresource.com/article91977Fibra_Inn_Reports______Percent_Increase_in_RevPar_for_October_____.html https://www.hotelnewsresource.com/article91977Fibra_Inn_Reports______Percent_Increase_in_RevPar_for_October_____.html The 11.4% increase in Revenue per Available Room (RevPar excluding the addition of rooms) was the net effect of the 4.8% rate increase and the 3.9 percentage point occupancy level increase that was driven by the strength of the industrial sector in northern Mexico as well as in other central cities such as Guadalajara, Toluca and the hotels in the Bajio region. Mon, 14 Nov 2016 10:31:08 EST Baird/STR Stock Index Down 0.8 Percent for October 2016 https://www.hotelnewsresource.com/article91962U_S__Hotel_Stocks_Down_____Percent_for_October_____.html https://www.hotelnewsresource.com/article91962U_S__Hotel_Stocks_Down_____Percent_for_October_____.html The Baird/STR Hotel Stock Index decreased 0.8% in October to close the month at 3,108. Year to date, the index remains up 0.4%. Thu, 10 Nov 2016 18:17:54 EST DiamondRock Hospitality Company Reports Third Quarter 2016 Results https://www.hotelnewsresource.com/article91942DiamondRock_Hospitality_Company_Reports_Third_Quarter______Results.html https://www.hotelnewsresource.com/article91942DiamondRock_Hospitality_Company_Reports_Third_Quarter______Results.html Adjusted EBITDA was $65.6 million, a decrease of $3.7 million or 5.3% from 2015. Adjusted EBITDA for the comparable period of 2015 included $6.8 million of Adjusted EBITDA from the three non-core hotels that were sold in 2016. Wed, 9 Nov 2016 10:29:05 EST Marriott International Reports Third Quarter 2016 Results https://www.hotelnewsresource.com/article91927Marriott_International_Reports_Third_Quarter______Results.html https://www.hotelnewsresource.com/article91927Marriott_International_Reports_Third_Quarter______Results.html On a pro forma basis reflecting the performance for both companies for the three months ended September 30, 2016, North American comparable systemwide constant dollar RevPAR rose 2.6 percent, while worldwide comparable systemwide constant dollar RevPAR rose 2.2 percent Tue, 8 Nov 2016 08:17:50 EST MGM Resorts International Reports Third Quarter Financial And Operating Results https://www.hotelnewsresource.com/article91909MGM_Resorts_International_Reports_Third_Quarter_Financial_And_Operating_Results.html https://www.hotelnewsresource.com/article91909MGM_Resorts_International_Reports_Third_Quarter_Financial_And_Operating_Results.html Diluted earnings per share of $0.93 compared to $0.12 in the prior year quarter - Net income attributable to MGM Resorts of $536 million, a 706% increase over the prior year quarter - Domestic resorts Adjusted Property EBITDA up 31% on a same-store basis Mon, 7 Nov 2016 13:57:41 EST Xenia Hotels & Resorts Third Quarter Same-Property RevPAR Down 0.7% https://www.hotelnewsresource.com/article91900Xenia_Hotels___Resorts_Third_Quarter_Same_Property_RevPAR_Down_____.html https://www.hotelnewsresource.com/article91900Xenia_Hotels___Resorts_Third_Quarter_Same_Property_RevPAR_Down_____.html Adjusted EBITDA declined $1.8 million to $72.9 million, a decrease of 2.4% compared to the third quarter of 2015. Mon, 7 Nov 2016 13:16:04 EST Hyatt Reports Third Quarter 2016 Results https://www.hotelnewsresource.com/article91872Hyatt_Reports_Third_Quarter______Results.html https://www.hotelnewsresource.com/article91872Hyatt_Reports_Third_Quarter______Results.html U.S. and Systemwide Comparable RevPAR Increased 3.8% and 2.5%, Respectively Thu, 3 Nov 2016 13:38:01 EST Chatham Lodging Trust Announces Third Quarter 2016 Results https://www.hotelnewsresource.com/article91866Chatham_Lodging_Trust_Announces_Third_Quarter______Results.html https://www.hotelnewsresource.com/article91866Chatham_Lodging_Trust_Announces_Third_Quarter______Results.html Net Income – Declined $0.9 million to $13.4 million. Net income per diluted share was $0.34, in line with the company’s revised guidance range of $0.33-$0.34 per share issued on October 10, 2016. Portfolio Revenue per Available Room (RevPAR) – Declined 2.1 percent, compared to the 2015 third quarter to $143 for Chatham’s 38, wholly owned hotels. Average daily rate (ADR) improved 1.8 percent to $170, and occupancy was down 3.9 percent to 84 percent. Thu, 3 Nov 2016 11:51:17 EST Wynn Resorts, Limited Reports Third Quarter 2016 Results https://www.hotelnewsresource.com/article91865Wynn_Resorts__Limited_Reports_Third_Quarter______Results.html https://www.hotelnewsresource.com/article91865Wynn_Resorts__Limited_Reports_Third_Quarter______Results.html Net revenues were $1.11 billion for the third quarter of 2016, an increase of 11.4%, or $113.5 million, from $996.3 million for the same period of 2015. The increase was the result of $164.6 million from Wynn Palace and an increase of $15.9 million from our Las Vegas Operations, partially offset by a decrease of $67.0 million from Wynn Macau. Thu, 3 Nov 2016 11:44:06 EST RLJ Lodging Trust Third Quarter 2016 Net Income Up 1.1% https://www.hotelnewsresource.com/article91861RLJ_Lodging_Trust_Third_Quarter______Net_Income_Up_____.html https://www.hotelnewsresource.com/article91861RLJ_Lodging_Trust_Third_Quarter______Net_Income_Up_____.html Pro forma RevPAR was flat, Pro forma ADR increased 0.2%, and Pro forma Occupancy decreased 0.2% Thu, 3 Nov 2016 10:44:20 EST Belmond Ltd. Reports Third Quarter 2016 Results https://www.hotelnewsresource.com/article91858Belmond_Ltd__Reports_Third_Quarter______Results.html https://www.hotelnewsresource.com/article91858Belmond_Ltd__Reports_Third_Quarter______Results.html Total revenue of $183.7 million, up $15.3 million or 9% over the prior-year quarter; up $16.9 million or 10% on a constant currency basis Thu, 3 Nov 2016 10:25:31 EST Summit Hotel Properties Reports Third Quarter 2016 Results https://www.hotelnewsresource.com/article91856Summit_Hotel_Properties_Reports_Third_Quarter______Results.html https://www.hotelnewsresource.com/article91856Summit_Hotel_Properties_Reports_Third_Quarter______Results.html Net Income increases to $22.1 million - Common Dividend increase of 22.6 percent - Adjusted FFO increases to $0.37 per share Wed, 2 Nov 2016 17:41:23 EST Chesapeake Lodging Trust Reports Adjusted Hotel EBITDA Margin 60 Basis Point Decrease to 34.6% for Third Quarter https://www.hotelnewsresource.com/article91829Chesapeake_Lodging_Trust_Reports_Adjusted_Hotel_EBITDA_Margin____Basis_Point_Decrease_to_______for_Third_Quarter.html https://www.hotelnewsresource.com/article91829Chesapeake_Lodging_Trust_Reports_Adjusted_Hotel_EBITDA_Margin____Basis_Point_Decrease_to_______for_Third_Quarter.html RevPAR: 0.7% decrease for the hotel portfolio over the same period in 2015. Wed, 2 Nov 2016 10:05:08 EST Ryman Hospitality Properties Third Quarter Net Income Increased 25.9 Percent to $33.6 Million https://www.hotelnewsresource.com/article91811Ryman_Hospitality_Properties_Third_Quarter_Net_Income_Increased______Percent_to_______Million.html https://www.hotelnewsresource.com/article91811Ryman_Hospitality_Properties_Third_Quarter_Net_Income_Increased______Percent_to_______Million.html Total Adjusted EBITDA Increased 16.6 Percent to $83.0 Million – Same-Store RevPAR Increased 8.9 Percent, Same-Store Total RevPAR Increased 7.1 Percent Tue, 1 Nov 2016 12:09:47 EST FelCor Reports Third Quarter 2016 Same-store RevPAR Down 0.7% https://www.hotelnewsresource.com/article91810FelCor_Reports_Third_Quarter______Same_store_RevPAR_Down_____.html https://www.hotelnewsresource.com/article91810FelCor_Reports_Third_Quarter______Same_store_RevPAR_Down_____.html FelCor Lodging Trust Incorporated (NYSE: FCH) today reported results for the third quarter ended September 30, 2016. Tue, 1 Nov 2016 11:45:40 EST