Today's Hotel Financial News Today's Hotel Financial News from Hotel News Resource en-us Hotel News Resource American Hotel Income Properties REIT LP Reports Q2 56 Percent Total Revenues Increase Total revenues for the quarter increased by 56.0% to $69.5 million compared to $44.5 million for the same quarter last year as a result of the acquisition of new hotels between reporting periods. Mon, 14 Aug 2017 15:23:25 EST Fibra Inn 3.4% RevPar Increase for July 2017 Fibra Inn Announces Hotel Indicators for July 2017 Fri, 11 Aug 2017 12:28:18 EST FelCor Reports Second Quarter 2017 Earnings Same-store RevPAR was $161.98 compared to $163.62 for the same period in 2016. Net loss attributable to FelCor common stockholders was $8.0 million, or $0.06 per share, versus net income of $7.1 million, or $0.05 per share, for the same period in 2016. Thu, 10 Aug 2017 11:53:28 EST Baird/STR Stock Index Up 2.1 Percent for July 2017 The Baird/STR Hotel Stock Index increased 2.1% in July, closing the month at 4,177. Year to date through July, the index was up 12.8%. Wed, 9 Aug 2017 10:56:31 EST Xenia Hotels & Resorts Reports Second Quarter 2017 Results Same-Property RevPAR decreased 1.4% compared to the second quarter of 2016 to $166.18, as occupancy decreased 120 basis points and ADR increased 0.1%. Excluding the Company's Houston-area hotels, Same-Property RevPAR increased 0.3%, as occupancy declined 4 basis points and ADR increased 0.4%. Wed, 9 Aug 2017 10:25:25 EST DiamondRock Hospitality Company Reports Second Quarter 2017 Results RevPAR was $203.21, a 2.0% increase from the comparable period of 2016 Wed, 9 Aug 2017 10:16:25 EST Marriott International Reports Second Quarter 2017 Results Worldwide comparable systemwide constant dollar RevPAR rose 2.2 percent in the 2017 second quarter, while North American comparable systemwide constant dollar RevPAR rose 0.9 percent Tue, 8 Aug 2017 10:25:27 EST Apple Hospitality REIT Q2 2017 Total Revenues Up 28.7 Percent Apple Hospitality REIT Reports Results of Operations for Second Quarter 2017 Tue, 8 Aug 2017 10:10:27 EST Belmond Ltd. Reports Second Quarter 2017 Results Revenue of $165.9 million, up $11.4 million or 7% over the prior-year quarter; up $13.1 million or 9% on a constant currency basis Tue, 8 Aug 2017 09:57:57 EST IHG Reports Global Comparable H1 2017 RevPAR Growth of 2.1% 3.7% net room growth year on year, with 23k room openings, up 31% year on year, which includes 3.5k rooms in Makkah, Saudi Arabia, signed in 2015. Tue, 8 Aug 2017 09:55:22 EST RLJ Lodging Trust Second Quarter 2017 Net Income Down 27.7% Pro forma RevPAR decreased 3.4%, Pro forma Occupancy decreased 2.1%, and Pro forma ADR decreased 1.2% Fri, 4 Aug 2017 09:15:11 EST Wyndham Worldwide Reports Second Quarter 2017 Revenue Increase of 5 Percent Revenues were $345 million in the second quarter of 2017, compared with $334 million in the second quarter of 2016. EBITDA was $106 million in the second quarter compared with $101 million in the prior year quarter, growing 6% on a currency-neutral basis. Results reflect higher franchise fees and growth in the Wyndham Rewards credit card program. Thu, 3 Aug 2017 15:18:21 EST Summit Hotel Properties Second Quarter 2017 Revenues Up 1.5 Percent Summit Hotel Properties Reports Second Quarter 2017 Results Thu, 3 Aug 2017 11:09:37 EST Hyatt Reports Second Quarter 2017 Results Comparable U.S. and Systemwide RevPAR Increased 1.4% and 2.9%, Respectively - Raises Full-Year Outlook for RevPAR and Adjusted EBITDA Thu, 3 Aug 2017 09:34:52 EST Park Hotels & Resorts Inc. Reports Second Quarter 2017 Results Comparable RevPAR was $170.35, a decrease of 0.2% on a Pro-forma basis from the same period in 2016; without San Francisco hotels, Comparable RevPAR increased 1.7% Thu, 3 Aug 2017 09:08:55 EST Choice Hotels International Reports A 16-Percent Increase In Second Quarter Diluted Earnings Per Share Choice Hotels International, Inc. (NYSE: CHH) today reported its results for the three months ended June 30, 2017. Net income for the 2017 second quarter was $45.0 million, or $0.79 per diluted share, compared to $38.8 million, or $0.68 per diluted share for the 2016 second quarter, representing a 16-percent increase. Wed, 2 Aug 2017 11:24:01 EST Outsourcing Your Accounting and Why This is a Stupid Idea - By David Lund Outsourcing your hotel accounting is an unintelligent move, that is my opinion and I am going to make my case right here. When I refer to outsourcing, I am talking about a third party provider, not a centralized function. Wed, 2 Aug 2017 10:32:54 EST Chesapeake Lodging Trust Reports 3.7 Percent RevPAR Decrease for Second Quarter RevPAR: 3.7% decrease for the 22-hotel portfolio and 0.2% increase for the 15-hotel portfolio over the same period in 2016. Wed, 2 Aug 2017 10:22:43 EST Chatham Lodging Trust Announces Second Quarter 2017 Results Results at Upper End of Guidance, Recycling Capital, Joint Ventures Re-financed Wed, 2 Aug 2017 10:01:33 EST Extended Stay America Reports Second Quarter 2017 Results Adjusted EBITDA grows 5.0% to $172.8 million - Hotel Operating Margin expands by 90 basis points to 56.7% Tue, 1 Aug 2017 08:47:54 EST