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 Reports First-half 2015 Revenue Up 5.1% http://www.hotelnewsresource.com/article84857AccorHotels_Reports_First_half______Revenue_Up_____.html http://www.hotelnewsresource.com/article84857AccorHotels_Reports_First_half______Revenue_Up_____.html EBIT up 23.8% to €263 million (+8.0% LfL) Net profit up 68% to €91 million Fri, 31 Jul 2015 08:59:38 EST Wynn Resorts Reports Dramatic Second Quarter 2015 Revenue Decline http://www.hotelnewsresource.com/article84855Wynn_Resorts_Reports_Dramatic_Second_Quarter______Revenue_Decline.html http://www.hotelnewsresource.com/article84855Wynn_Resorts_Reports_Dramatic_Second_Quarter______Revenue_Decline.html Net revenues for the second quarter of 2015 were $1,040.5 million, compared to $1,412.1 million in the second quarter of 2014. The decline was the result of a 35.8% net revenue decrease from our Macau Operations and a 6.2% decrease in net revenues from our Las Vegas Operations. Thu, 30 Jul 2015 13:47:24 EST Belmond Ltd. Reports Second Quarter 2015 Total Revenue Up 6% over Prior-year Quarter http://www.hotelnewsresource.com/article84853Belmond_Ltd__Reports_Second_Quarter______Total_Revenue_Up____over_Prior_year_Quarter.html http://www.hotelnewsresource.com/article84853Belmond_Ltd__Reports_Second_Quarter______Total_Revenue_Up____over_Prior_year_Quarter.html Second quarter same store revenue per available room up 11% in local currency over prior-year quarter, exceeding guidance range of 3% to 7% Thu, 30 Jul 2015 13:43:10 EST Diamond Resorts International, Inc. Second Quarter 2015 Total Revenues Up 10.8% http://www.hotelnewsresource.com/article84846Diamond_Resorts_International__Inc__Second_Quarter______Total_Revenues_Up______.html http://www.hotelnewsresource.com/article84846Diamond_Resorts_International__Inc__Second_Quarter______Total_Revenues_Up______.html Net income increased $39.6 million to $36.9 million from the prior year loss of $2.7 million. Thu, 30 Jul 2015 13:17:42 EST La Quinta Holdings Inc. Q2 2015 Total Revenue Up 5.2% http://www.hotelnewsresource.com/article84841La_Quinta_Holdings_Inc__Q_______Total_Revenue_Up_____.html http://www.hotelnewsresource.com/article84841La_Quinta_Holdings_Inc__Q_______Total_Revenue_Up_____.html Pro Forma Total Adjusted EBITDA increased 5.5 percent to $111.8 million, and Pro forma Adjusted EBITDA margin increased 30 basis points Thu, 30 Jul 2015 10:49:26 EST Starwood Hotels & Resorts Reports an 11 Percent Fall in Quarterly Profit for Q2 2015 http://www.hotelnewsresource.com/article84839Starwood_Hotels___Resorts_Reports_an____Percent_Fall_in_Quarterly_Profit_for_Q______.html http://www.hotelnewsresource.com/article84839Starwood_Hotels___Resorts_Reports_an____Percent_Fall_in_Quarterly_Profit_for_Q______.html Lowers 2015 Forecast Thu, 30 Jul 2015 09:57:54 EST Marriott International Q2 Up 25 Percent Increase over 2014 http://www.hotelnewsresource.com/article84838Marriott_International_Q__Up____Percent_Increase_over_____.html http://www.hotelnewsresource.com/article84838Marriott_International_Q__Up____Percent_Increase_over_____.html On a constant dollar basis, worldwide comparable systemwide RevPAR rose 5.3 percent in the second quarter Thu, 30 Jul 2015 09:52:15 EST Hersha Hospitality Reports Second Quarter 2015 Hotel EBITDA Growth of 15.7% http://www.hotelnewsresource.com/article84826Hersha_Hospitality_Reports_Second_Quarter______Hotel_EBITDA_Growth_of______.html http://www.hotelnewsresource.com/article84826Hersha_Hospitality_Reports_Second_Quarter______Hotel_EBITDA_Growth_of______.html Comparable Portfolio RevPAR Growth of 5.8% - Consolidated Portfolio RevPAR Growth of 7.9% - Repurchases 1.5 Million Common Shares for $37.6 Million - Increases 2015 RevPAR and Earnings Expectation Wed, 29 Jul 2015 12:58:32 EST Hilton Worldwide Second Quarter Results Exceed High End of Guidance for Adjusted EBITDA and EPS http://www.hotelnewsresource.com/article84824Hilton_Worldwide_Second_Quarter_Results_Exceed_High_End_of_Guidance_for_Adjusted_EBITDA_and_EPS.html http://www.hotelnewsresource.com/article84824Hilton_Worldwide_Second_Quarter_Results_Exceed_High_End_of_Guidance_for_Adjusted_EBITDA_and_EPS.html Announces Quarterly Dividend and Raises Full Year Outlook Wed, 29 Jul 2015 12:51:54 EST FelCor Second Quarter 2015 Same-store RevPAR Increased 7.3% http://www.hotelnewsresource.com/article84823FelCor_Second_Quarter______Same_store_RevPAR_Increased_____.html http://www.hotelnewsresource.com/article84823FelCor_Second_Quarter______Same_store_RevPAR_Increased_____.html Adjusted EBITDA was $69.7 million and same-store Adjusted EBITDA increased by $7.2 million, or 11.9%, to $67.7 million compared to the same period in 2014. Wed, 29 Jul 2015 12:48:03 EST Choice Hotels International Q2 Total Revenues Up 17% http://www.hotelnewsresource.com/article84806Choice_Hotels_International_Q__Total_Revenues_Up____.html http://www.hotelnewsresource.com/article84806Choice_Hotels_International_Q__Total_Revenues_Up____.html Domestic system-wide revenue per available room increased 6.7 percent in the second quarter of 2015, as occupancy and average daily rates increased 170 basis points and 3.8 percent, respectively from the same period of 2014. Wed, 29 Jul 2015 10:12:06 EST Fibra Inn Announces Consolidated Results for the Second Quarter 2015 http://www.hotelnewsresource.com/article84746Fibra_Inn_Announces_Consolidated_Results_for_the_Second_Quarter_____.html http://www.hotelnewsresource.com/article84746Fibra_Inn_Announces_Consolidated_Results_for_the_Second_Quarter_____.html Total Revenue reached Ps. 310.1 million, comprised of room revenue of Ps. 291.4 million and rental revenue of Ps. 18.7 million. Fri, 24 Jul 2015 10:51:32 EST Pebblebrook Hotel Trust Reports Second Quarter 2015 Results http://www.hotelnewsresource.com/article84745Pebblebrook_Hotel_Trust_Reports_Second_Quarter______Results.html http://www.hotelnewsresource.com/article84745Pebblebrook_Hotel_Trust_Reports_Second_Quarter______Results.html Same-Property EBITDA Increased 10.6 Percent; Same-Property RevPAR Increased 3.8 Percent; Adjusted EBITDA Rose 39.0 Percent; Adjusted FFO Per Diluted Share Climbed 28.6 Percent Fri, 24 Jul 2015 10:48:28 EST Las Vegas Sands Q2 2015 Net Revenue Down 19.4% http://www.hotelnewsresource.com/article84734Las_Vegas_Sands_Q_______Net_Revenue_Down______.html http://www.hotelnewsresource.com/article84734Las_Vegas_Sands_Q_______Net_Revenue_Down______.html Net revenue for the second quarter of 2015 decreased 19.4% to $2.92 billion, compared to $3.62 billion in the second quarter of 2014. Consolidated adjusted property EBITDA of $1.02 billion decreased 22.6% in the second quarter of 2015, compared to the year-ago quarter. On a hold-normalized basis, adjusted property EBITDA decreased 16.8% to $1.01 billion in the second quarter of 2015. Thu, 23 Jul 2015 12:42:32 EST Hoteles City Express Reports Q2 2015 10.7% Chain-wide Growth in RevPar and 32.3% Growth in Adjusted EBITDA http://www.hotelnewsresource.com/article84733Hoteles_City_Express__Reports_Q_____________Chain_wide_Growth_in_RevPar_and_______Growth_in_Adjusted_EBITDA.html http://www.hotelnewsresource.com/article84733Hoteles_City_Express__Reports_Q_____________Chain_wide_Growth_in_RevPar_and_______Growth_in_Adjusted_EBITDA.html EBITDA and Adjusted EBITDA were $145.0 million and $147.4 million respectively, reflecting increases of 33.6% and 32.3%, in comparison with the same period of the year before. EBITDA margin and Adjusted EBITDA margin for the period came to 34.0% and 34.6% respectively. Thu, 23 Jul 2015 12:35:56 EST The Marcus Corporation Reports Record Revenues for Fourth Quarter and Fiscal 2015 http://www.hotelnewsresource.com/article84723The_Marcus_Corporation_Reports_Record_Revenues_for_Fourth_Quarter_and_Fiscal_____.html http://www.hotelnewsresource.com/article84723The_Marcus_Corporation_Reports_Record_Revenues_for_Fourth_Quarter_and_Fiscal_____.html Marcus Hotels & Resorts achieved record revenues and increased revenue per available room (RevPAR) for both the fiscal 2015 fourth quarter and full year. Excluding the Chicago property that was undergoing a significant renovation, RevPAR was up 5.3% in the fourth quarter and 5.9% for fiscal 2015 Thu, 23 Jul 2015 10:44:17 EST LaSalle Hotel Properties Second Quarter 2015 Revenues Up 9% http://www.hotelnewsresource.com/article84721LaSalle_Hotel_Properties_Second_Quarter______Revenues_Up___.html http://www.hotelnewsresource.com/article84721LaSalle_Hotel_Properties_Second_Quarter______Revenues_Up___.html The Company’s hotel EBITDA margin for the second quarter increased 248 basis points from the comparable prior year period to 38.5 percent, a quarterly record for the Company. Thu, 23 Jul 2015 10:22:45 EST Baird/STR Stock Index Down 3.2% for June 2015 http://www.hotelnewsresource.com/article84660U_S__Hotel_Stocks_Down______for_June_____.html http://www.hotelnewsresource.com/article84660U_S__Hotel_Stocks_Down______for_June_____.html The Baird/STR Hotel Stock Index for June outperformed the MSCI REIT (RMZ) (-5.1 percent) but lagged the performance of the S&P 500 (-2.1 percent). Mon, 20 Jul 2015 12:00:20 EST Fibra Inn Reports 22.0% Growth in RevPar for June 2015 http://www.hotelnewsresource.com/article84501Fibra_Inn_Reports_______Growth_in_RevPar_for_June_____.html http://www.hotelnewsresource.com/article84501Fibra_Inn_Reports_______Growth_in_RevPar_for_June_____.html Fibra Inn Announces Monthly Report of Hotel Indicators for June 2015 Thu, 9 Jul 2015 07:39:33 EST Baird/STR Stock Index Down 1.3% for May 2015 http://www.hotelnewsresource.com/article84069U_S__Hotel_Stocks_Down______for_May_____.html http://www.hotelnewsresource.com/article84069U_S__Hotel_Stocks_Down______for_May_____.html The Baird/STR Hotel Stock Index during May lagged the performance of the S&P 500 (+1.0 percent) and the MSCI REIT (RMZ) (-0.5 percent). Mon, 15 Jun 2015 13:14:11 EST