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 AccorHotels Report Strong Growth in First-quarter 2018 Revenue: Like-for-Like Increase of 9.5% https://www.hotelnewsresource.com/article99424AccorHotels_Report_Strong_Growth_in_First_quarter______Revenue__Like_for_Like_Increase_of_____.html https://www.hotelnewsresource.com/article99424AccorHotels_Report_Strong_Growth_in_First_quarter______Revenue__Like_for_Like_Increase_of_____.html Consolidated first-quarter 2018 revenue totaled €633 million, up 0.6% as reported and 9.5% like-for-like. Thu, 19 Apr 2018 08:23:51 EST Pebblebrook Hotel Trust Provides Update on First Quarter 2018 Outlook https://www.hotelnewsresource.com/article99325Pebblebrook_Hotel_Trust_Provides_Update_on_First_Quarter______Outlook.html https://www.hotelnewsresource.com/article99325Pebblebrook_Hotel_Trust_Provides_Update_on_First_Quarter______Outlook.html Pebblebrook Hotel Trust (NYSE: PEB) today provided an update on its first quarter 2018 performance as compared to its outlook provided on February 22, 2018. Thu, 12 Apr 2018 12:48:18 EST Baird/STR Stock Index Drops 1.1 Percent for March 2018 https://www.hotelnewsresource.com/article99228U_S__Hotel_Stocks_Drop_____Percent_for_March_____.html https://www.hotelnewsresource.com/article99228U_S__Hotel_Stocks_Drop_____Percent_for_March_____.html Through the first quarter of 2018, the Hotel Stock Index is down 2.1%. Mon, 9 Apr 2018 10:49:33 EST Condor Hospitality Trust Reports Fourth Quarter and Full Year 2017 Results https://www.hotelnewsresource.com/article98950Condor_Hospitality_Trust_Reports_Fourth_Quarter_and_Full_Year______Results.html https://www.hotelnewsresource.com/article98950Condor_Hospitality_Trust_Reports_Fourth_Quarter_and_Full_Year______Results.html Q$ Revenue Growth of 45.9% over Prior Year to $15.3 million - 5.0% FY 2017 Same-Store RevPAR Growth over Prior Yea Mon, 19 Mar 2018 16:20:00 EST Baird/STR Stock Index Drops 6.9 Percent for February 2018 https://www.hotelnewsresource.com/article98849U_S__Hotel_Stocks_Drop_____Percent_for_February_____.html https://www.hotelnewsresource.com/article98849U_S__Hotel_Stocks_Drop_____Percent_for_February_____.html The Baird/STR Hotel Stock Index closed February at 4,841, down 6.9% from January. Mon, 12 Mar 2018 13:56:56 EST Park Hotels & Resorts Inc. Reports Fourth Quarter and Full Year 2017 Results https://www.hotelnewsresource.com/article98741Park_Hotels___Resorts_Inc__Reports_Fourth_Quarter_and_Full_Year______Results.html https://www.hotelnewsresource.com/article98741Park_Hotels___Resorts_Inc__Reports_Fourth_Quarter_and_Full_Year______Results.html Full Year 2017 Comparable RevPAR was $163.49, an increase of 0.7% on a Pro-forma basis from the same period in 2016; excluding the effect of hurricanes on Key West hotels, Comparable RevPAR increased 0.9% from the same period in 2016 Mon, 5 Mar 2018 10:24:21 EST Meliá Hotels Reports 27.8 Percent Net Profit Increase for 2017 https://www.hotelnewsresource.com/article98721Meli_______Hotels_Reports______Percent_Net_Profit_Increase_for_____.html https://www.hotelnewsresource.com/article98721Meli_______Hotels_Reports______Percent_Net_Profit_Increase_for_____.html Meliá earns 128.7 million (27.8% more) and takes full advantage of positive travel trends Wed, 28 Feb 2018 12:13:25 EST RLJ Lodging Trust Reports Fourth Quarter and Full Year 2017 Results https://www.hotelnewsresource.com/article98709RLJ_Lodging_Trust_Reports_Fourth_Quarter_and_Full_Year______Results.html https://www.hotelnewsresource.com/article98709RLJ_Lodging_Trust_Reports_Fourth_Quarter_and_Full_Year______Results.html Fourth quarter Pro forma RevPAR increased 4.0% - Sold Fairmont Copley Plaza Boston for $170 million - Completed transformative merger with FelCor Lodging Trust Wed, 28 Feb 2018 10:07:36 EST Belmond Ltd. Reports Fourth Quarter and Full Year 2017 Results https://www.hotelnewsresource.com/article98663Belmond_Ltd__Reports_Fourth_Quarter_and_Full_Year______Results.html https://www.hotelnewsresource.com/article98663Belmond_Ltd__Reports_Fourth_Quarter_and_Full_Year______Results.html Revenue of $117.3 million, up 3% from the prior-year quarter; down 2% on a constant currency basis - Net losses attributable to Belmond Ltd. of $29.8 million compared with earnings of $6.7 million for the prior-year quarter due to two non-cash impairment charges totaling $34.8 million recorded in the fourth quarter of 2017 Tue, 27 Feb 2018 07:09:07 EST Chatham Lodging Trust Announces Fourth Quarter 2017 Results https://www.hotelnewsresource.com/article98640Chatham_Lodging_Trust_Announces_Fourth_Quarter______Results.html https://www.hotelnewsresource.com/article98640Chatham_Lodging_Trust_Announces_Fourth_Quarter______Results.html Fourth Quarter 2017 Key Metrics - Portfolio Revenue per Available Room (RevPAR) - Increased 1.1 percent, slightly above guidance, to $120, compared to the 2016 fourth quarter, for Chatham’s 40, wholly owned hotels. Average daily rate (ADR) improved 0.8 percent to $159, and occupancy grew 0.4 percent to 75.3 percent. Mon, 26 Feb 2018 07:15:39 EST Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2017 https://www.hotelnewsresource.com/article98633Apple_Hospitality_REIT_Reports_Results_of_Operations_for_Fourth_Quarter_and_Full_Year_____.html https://www.hotelnewsresource.com/article98633Apple_Hospitality_REIT_Reports_Results_of_Operations_for_Fourth_Quarter_and_Full_Year_____.html Reports comparable Hotels RevPAR of 3.5 percent for the quarter and 1.6 percent for the year Fri, 23 Feb 2018 10:11:38 EST LaSalle Hotel Properties Reports Net Income for 2017 Down by $60 Million from 2016 https://www.hotelnewsresource.com/article98583LaSalle_Hotel_Properties_Reports_Net_Income_for______Down_by_____Million_from_____.html https://www.hotelnewsresource.com/article98583LaSalle_Hotel_Properties_Reports_Net_Income_for______Down_by_____Million_from_____.html LaSalle Hotel Properties Reports Fourth Quarter 2017 Results Wed, 21 Feb 2018 11:10:48 EST AccorHotels Reports Record Profits for 2017 https://www.hotelnewsresource.com/article98575AccorHotels_Reports_Record_Profits_for_____.html https://www.hotelnewsresource.com/article98575AccorHotels_Reports_Record_Profits_for_____.html HotelServices reported business volume of €17.9 billion, up 19% and revenue of €1,746 million, up 14.6% as reported and 5.1% like-for-like. Wed, 21 Feb 2018 09:57:26 EST IHG Reports Reports RevPAR Growth of 2.7% for 2017 https://www.hotelnewsresource.com/article98565IHG_Reports_Reports_RevPAR_Growth_of______for_____.html https://www.hotelnewsresource.com/article98565IHG_Reports_Reports_RevPAR_Growth_of______for_____.html IHG Reports Preliminary Results for the year to 31 December 2017 Tue, 20 Feb 2018 11:36:09 EST Scandic Reports Full Year 2017 Results https://www.hotelnewsresource.com/article98555Scandic_Reports_Full_Year______Results.html https://www.hotelnewsresource.com/article98555Scandic_Reports_Full_Year______Results.html Net sales increased by 11.5% to 14,582 MSEK (13,082) due to higher RevPAR and more rooms in operation. Adjusted EBITDA totaled 1,570 MSEK (1,513), corresponding to a margin of 10.8% (11.6). Tue, 20 Feb 2018 07:35:00 EST Eight Reasons Facebook Has Peaked - BBC https://www.hotelnewsresource.com/article98545Eight_Reasons_Facebook_Has_Peaked___BBC.html https://www.hotelnewsresource.com/article98545Eight_Reasons_Facebook_Has_Peaked___BBC.html Facebook is accumulating enemies and challenges at such a rate that its horizons have suddenly become somewhat clouded. It may seem madness, or voguishly contrarian, to argue that Facebook is a declining power. Mon, 19 Feb 2018 11:48:15 EST Chesapeake Lodging Trust Reports Q4 2017 Results https://www.hotelnewsresource.com/article98537Chesapeake_Lodging_Trust_Reports_Q_______Results.html https://www.hotelnewsresource.com/article98537Chesapeake_Lodging_Trust_Reports_Q_______Results.html Comparable Adjusted Hotel EBITDA Margin: 40 basis point decrease to 29.9% for the 21-hotel portfolio and 10 basis point decrease to 33.4% for the 14-hotel portfolio over the same period in 2016. Fri, 16 Feb 2018 09:49:05 EST Hoteles City Express Reports Revenue Growth of 24.3% and Adjusted EBITDA Growth of 42.7% for Q4 https://www.hotelnewsresource.com/article98530Hoteles_City_Express_Reports_Revenue_Growth_of_______and_Adjusted_EBITDA_Growth_of_______for_Q_.html https://www.hotelnewsresource.com/article98530Hoteles_City_Express_Reports_Revenue_Growth_of_______and_Adjusted_EBITDA_Growth_of_______for_Q_.html Hoteles City Express Announces Fourth Quarter 2017 Results Thu, 15 Feb 2018 15:48:32 EST Marriott Fourth Quarter Worldwide Comparable Systemwide Constant Dollar RevPAR Rose 4.6 Percent https://www.hotelnewsresource.com/article98520Marriott_Fourth_Quarter_Worldwide_Comparable_Systemwide_Constant_Dollar_RevPAR_Rose_____Percent.html https://www.hotelnewsresource.com/article98520Marriott_Fourth_Quarter_Worldwide_Comparable_Systemwide_Constant_Dollar_RevPAR_Rose_____Percent.html Marriott International Reports Fourth Quarter 2017 Results Thu, 15 Feb 2018 13:35:20 EST Hyatt U.S. and Systemwide Comparable RevPAR Increased 3.0% and 3.8% During Q4 https://www.hotelnewsresource.com/article98509Hyatt_U_S__and_Systemwide_Comparable_RevPAR_Increased______and______During_Q_.html https://www.hotelnewsresource.com/article98509Hyatt_U_S__and_Systemwide_Comparable_RevPAR_Increased______and______During_Q_.html Hyatt Reports Fourth Quarter 2017 Results Wed, 14 Feb 2018 16:26:45 EST