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 0.9 Percent for August 2016 http://www.hotelnewsresource.com/article91071U_S__Hotel_Stocks_Up_____Percent_for_August_____.html http://www.hotelnewsresource.com/article91071U_S__Hotel_Stocks_Up_____Percent_for_August_____.html The Baird/STR Hotel Stock Index increased 0.9% in August to close the month at 3,349. Year to date, the index is up 8.2%. Mon, 12 Sep 2016 11:41:43 EST Fibra Inn Reports 17.3 Percent Increase in RevPar for August 2016 http://www.hotelnewsresource.com/article91026Fibra_Inn_Reports______Percent_Increase_in_RevPar_for_August_____.html http://www.hotelnewsresource.com/article91026Fibra_Inn_Reports______Percent_Increase_in_RevPar_for_August_____.html Fibra Inn has a total portfolio of 43 properties; of which 42 hotels are in operation and one is under a binding agreement. This represents a total of 7,112 rooms, 6,806 are in operation, 85 are under a binding agreement and 221 are currently under construction. Thu, 8 Sep 2016 11:04:11 EST American Hotel Income Properties REIT LP Reports Second Quarter 2016 Financial Results http://www.hotelnewsresource.com/article90620American_Hotel_Income_Properties_REIT_LP_Reports_Second_Quarter______Financial_Results.html http://www.hotelnewsresource.com/article90620American_Hotel_Income_Properties_REIT_LP_Reports_Second_Quarter______Financial_Results.html Strongest Quarter in AHIP's History With Revenues Increasing by +30.5%, Net Income Increasing by +46.4% and Diluted FFO per Unit Increasing by +11.1%; All Amounts Expressed in U.S. Dollars Unless Otherwise Indicated Wed, 10 Aug 2016 12:45:29 EST Sunstone Hotel Investors Reports Results For Second Quarter 2016 http://www.hotelnewsresource.com/article90581Sunstone_Hotel_Investors_Reports_Results_For_Second_Quarter_____.html http://www.hotelnewsresource.com/article90581Sunstone_Hotel_Investors_Reports_Results_For_Second_Quarter_____.html Net income increased 22.5% to $65.7 million. Comparable Hotel RevPAR increased 1.3% to $179.65. Tue, 9 Aug 2016 12:21:37 EST Fibra Inn Announces Monthly Report of Hotel Indicators for July 2016 http://www.hotelnewsresource.com/article90576Fibra_Inn_Announces_Monthly_Report_of_Hotel_Indicators_for_July_____.html http://www.hotelnewsresource.com/article90576Fibra_Inn_Announces_Monthly_Report_of_Hotel_Indicators_for_July_____.html Reports 19.7% increase in revenue Tue, 9 Aug 2016 11:06:20 EST Apple Hospitality REIT, Inc. Reports Results of Operations for Second Quarter 2016 http://www.hotelnewsresource.com/article90575Apple_Hospitality_REIT__Inc__Reports_Results_of_Operations_for_Second_Quarter_____.html http://www.hotelnewsresource.com/article90575Apple_Hospitality_REIT__Inc__Reports_Results_of_Operations_for_Second_Quarter_____.html Comparable Hotels RevPAR growth of 5.1 percent, Adjusted EBITDA growth of 11.6 percent Tue, 9 Aug 2016 11:03:16 EST Baird/STR Stock Index Up 6.1 Percent for July 2016 http://www.hotelnewsresource.com/article90556U_S__Hotel_Stocks_Up_____Percent_for_July_____.html http://www.hotelnewsresource.com/article90556U_S__Hotel_Stocks_Up_____Percent_for_July_____.html The Baird/STR Hotel Stock Index increased 6.1% in July to close the month at 3,320. Year to date, the index is up 7.3%. Mon, 8 Aug 2016 10:35:39 EST Diamond Resorts International, Inc. Reports Second Quarter 2016 Revenue Increase of 6.1% http://www.hotelnewsresource.com/article90555Diamond_Resorts_International__Inc__Reports_Second_Quarter______Revenue_Increase_of_____.html http://www.hotelnewsresource.com/article90555Diamond_Resorts_International__Inc__Reports_Second_Quarter______Revenue_Increase_of_____.html Total revenue for the second quarter increased $14.2 million, or 6.1%, to $245.7 million. Net income for the second quarter decreased $10.1 million, or 28.5%, to $25.5 million. Mon, 8 Aug 2016 10:29:39 EST Fitch: With U.S. Hotels at Peak, CMBS Being Watched with a Wary Eye http://www.hotelnewsresource.com/article90553Fitch__With_U_S__Hotels_at_Peak__CMBS_Being_Watched_with_a_Wary_Eye.html http://www.hotelnewsresource.com/article90553Fitch__With_U_S__Hotels_at_Peak__CMBS_Being_Watched_with_a_Wary_Eye.html The days of strong RevPAR growth and occupancy rates are over for U.S. hotels, which could impair loan performance for CMBS as interest rates rise, according to the latest video in Fitch Ratings' Virtual Investor Series. Mon, 8 Aug 2016 10:16:09 EST Xenia Hotels & Resorts Reports Second Quarter 2016 Results http://www.hotelnewsresource.com/article90547Xenia_Hotels___Resorts_Reports_Second_Quarter______Results.html http://www.hotelnewsresource.com/article90547Xenia_Hotels___Resorts_Reports_Second_Quarter______Results.html Same-Property RevPAR increased 1.8% from the second quarter of 2015 to $162.47, as occupancy remained flat and ADR increased 1.8%. Excluding hotels located in Houston, Same-Property RevPAR increased 3.8% from the second quarter of 2015, as occupancy increased 63 basis points and ADR increased 3.0%. Fri, 5 Aug 2016 09:49:50 EST RLJ Lodging Trust Reports Second Quarter 2016 Results http://www.hotelnewsresource.com/article90541RLJ_Lodging_Trust_Reports_Second_Quarter______Results.html http://www.hotelnewsresource.com/article90541RLJ_Lodging_Trust_Reports_Second_Quarter______Results.html Net income increased 4.1% to $58.7 million - Pro forma RevPAR increased 1.9%, Pro forma ADR increased 1.6%, and Pro forma Occupancy increased 0.4% Thu, 4 Aug 2016 14:49:52 EST Belmond Ltd. Reports Second Quarter 2016 Results http://www.hotelnewsresource.com/article90540Belmond_Ltd__Reports_Second_Quarter______Results.html http://www.hotelnewsresource.com/article90540Belmond_Ltd__Reports_Second_Quarter______Results.html Total revenue of $158.1 million, down $4.7 million or 3% from the prior-year quarter; up $0.6 million on a constant currency basis Thu, 4 Aug 2016 14:46:02 EST MGM Resorts International Reports Strong Second Quarter Financial And Operating Results http://www.hotelnewsresource.com/article90521MGM_Resorts_International_Reports_Strong_Second_Quarter_Financial_And_Operating_Results.html http://www.hotelnewsresource.com/article90521MGM_Resorts_International_Reports_Strong_Second_Quarter_Financial_And_Operating_Results.html Net revenues at the Company's domestic resorts decreased 1% compared to the prior year quarter, but increased 1% excluding Circus Circus Reno, Railroad Pass, and the Company's properties in Jean Nevada, which were sold during 2015; Rooms revenue at the Company's domestic resorts increased 2%, with a 3% increase in REVPAR at the Company's Las Vegas Strip resorts, compared to the prior year quarter; Thu, 4 Aug 2016 13:38:10 EST RLHC Reports Second Quarter 2016 Revenues Up 23% http://www.hotelnewsresource.com/article90502RLHC_Reports_Second_Quarter______Revenues_Up____.html http://www.hotelnewsresource.com/article90502RLHC_Reports_Second_Quarter______Revenues_Up____.html Systemwide Same Store RevPAR Increases 4.3% Achieves Strong EBITDA Growth Wed, 3 Aug 2016 12:03:31 EST Chatham Lodging Trust Second Quarter 2016 Net Income Declined $0.5 Million http://www.hotelnewsresource.com/article90497Chatham_Lodging_Trust_Second_Quarter______Net_Income_Declined______Million.html http://www.hotelnewsresource.com/article90497Chatham_Lodging_Trust_Second_Quarter______Net_Income_Declined______Million.html Net Income - Declined $0.5 million to $12.3 million. Net income per diluted share was $0.31, slightly below the company’s guidance range of $0.32-$0.34 per share. Portfolio Revenue per Available Room (RevPAR) – Rose 0.6 percent as compared to the second quarter of 2015 to $141 for Chatham’s 38, wholly owned hotels. Average daily rate (ADR) was up 70 basis points to $164, and occupancy was flat at 86 percent. Wed, 3 Aug 2016 11:49:39 EST La Quinta Holdings Inc. Reports 1.6% Revenue Decline for Second Quarter 2016 http://www.hotelnewsresource.com/article90490La_Quinta_Holdings_Inc__Reports______Revenue_Decline_for_Second_Quarter_____.html http://www.hotelnewsresource.com/article90490La_Quinta_Holdings_Inc__Reports______Revenue_Decline_for_Second_Quarter_____.html System-wide comparable RevPAR increased 0.2 percent, ADR increased 1.5 percent and occupancy decreased 91 basis points Wed, 3 Aug 2016 11:01:12 EST IHG Reports Half Year Results to 30 June 2016 http://www.hotelnewsresource.com/article90471IHG_Reports_Half_Year_Results_to____June_____.html http://www.hotelnewsresource.com/article90471IHG_Reports_Half_Year_Results_to____June_____.html Global comparable H1 RevPAR of 2.0%, led by rate up 1.4%. Q2 RevPAR up 2.5%, with growth in all regions. Tue, 2 Aug 2016 11:39:56 EST Choice Hotels Reports Second Quarter Domestic RevPAR Increase of 4.3 Percent http://www.hotelnewsresource.com/article90469Choice_Hotels_Reports_Second_Quarter_Domestic_RevPAR_Increase_of_____Percent.html http://www.hotelnewsresource.com/article90469Choice_Hotels_Reports_Second_Quarter_Domestic_RevPAR_Increase_of_____Percent.html Revenues for the three months ended June 30, 2016 totaled $241.8 million, an increase of 4 percent from the same period of 2015. Tue, 2 Aug 2016 11:12:03 EST Hyatt Reports Second Quarter 2016 Results http://www.hotelnewsresource.com/article90463Hyatt_Reports_Second_Quarter______Results.html http://www.hotelnewsresource.com/article90463Hyatt_Reports_Second_Quarter______Results.html U.S. and Systemwide Comparable RevPAR Increased 4.2% and 2.3%, Respectively Tue, 2 Aug 2016 10:30:42 EST Chesapeake Lodging Trust Reports Second Quarter 2016 Results http://www.hotelnewsresource.com/article90423Chesapeake_Lodging_Trust_Reports_Second_Quarter______Results.html http://www.hotelnewsresource.com/article90423Chesapeake_Lodging_Trust_Reports_Second_Quarter______Results.html RevPAR: 2.2% pro forma increase for the hotel portfolio over the same period in 2015. Adjusted Hotel EBITDA Margin: 50 basis point pro forma increase to 36.9% for the hotel portfolio over the same period in 2015. Fri, 29 Jul 2016 08:13:20 EST