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 Hersha Hospitality Trust Reports Q1 2016 Hotel EBITDA Growth of 6.3% http://www.hotelnewsresource.com/article89040Hersha_Hospitality_Trust_Reports_Q_______Hotel_EBITDA_Growth_of_____.html http://www.hotelnewsresource.com/article89040Hersha_Hospitality_Trust_Reports_Q_______Hotel_EBITDA_Growth_of_____.html Consolidated Portfolio RevPAR Growth Excluding Renovations of 4.6% - - Comparable Portfolio RevPAR Growth Excluding Renovations of 2.7% Fri, 29 Apr 2016 09:28:35 EST Chesapeake Lodging Trust Reports Pro Forma RevPAR Increased 10.1% for First Quarter http://www.hotelnewsresource.com/article89039Chesapeake_Lodging_Trust_Reports_Pro_Forma_RevPAR_Increased_______for_First_Quarter.html http://www.hotelnewsresource.com/article89039Chesapeake_Lodging_Trust_Reports_Pro_Forma_RevPAR_Increased_______for_First_Quarter.html Adjusted Hotel EBITDA Margin: 360 basis point pro forma increase to 28.5% for the hotel portfolio over the same period in 2015. Fri, 29 Apr 2016 09:21:58 EST La Quinta Holdings Inc. Reports Results For First Quarter 2016 http://www.hotelnewsresource.com/article89031La_Quinta_Holdings_Inc__Reports_Results_For_First_Quarter_____.html http://www.hotelnewsresource.com/article89031La_Quinta_Holdings_Inc__Reports_Results_For_First_Quarter_____.html Adjusted Net Income up 14.5 percent; Adjusted Earnings per Share rises to $0.09 - Grew franchise and other fee based revenue 6.9 percent - Grew development pipeline to highest level since 2008 - Re-affirms 2016 RevPAR and Adjusted EBITDA guidance Thu, 28 Apr 2016 11:50:52 EST Marriott International Reports Q1 Adjusted Diluted EPS Increase of 19 Percent http://www.hotelnewsresource.com/article89030Marriott_International_Reports_Q__Adjusted_Diluted_EPS_Increase_of____Percent.html http://www.hotelnewsresource.com/article89030Marriott_International_Reports_Q__Adjusted_Diluted_EPS_Increase_of____Percent.html North American comparable systemwide constant dollar RevPAR rose 2.4 percent in the first quarter; On a constant dollar basis, worldwide comparable systemwide RevPAR rose 2.6 percent in the first quarter Thu, 28 Apr 2016 11:47:28 EST Pebblebrook Hotel Trust Reports First Quarter 2016 Results http://www.hotelnewsresource.com/article89022Pebblebrook_Hotel_Trust_Reports_First_Quarter______Results.html http://www.hotelnewsresource.com/article89022Pebblebrook_Hotel_Trust_Reports_First_Quarter______Results.html Same-Property EBITDA Increased 15.2 Percent; Same-Property RevPAR Increased 8.0 Percent; Adjusted EBITDA Rose 44.8 Percent; Adjusted FFO Per Diluted Share Climbed 64.7 Percent Thu, 28 Apr 2016 11:17:07 EST Hilton Worldwide Reports First Quarter Results, Exceeds High End of Adjusted EBITDA Guidance http://www.hotelnewsresource.com/article88995Hilton_Worldwide_Reports_First_Quarter_Results__Exceeds_High_End_of_Adjusted_EBITDA_Guidance.html http://www.hotelnewsresource.com/article88995Hilton_Worldwide_Reports_First_Quarter_Results__Exceeds_High_End_of_Adjusted_EBITDA_Guidance.html Net income attributable to Hilton stockholders for the first quarter was $309 million, an increase of $159 million from the same period in 2015 Wed, 27 Apr 2016 11:17:44 EST Wyndham Worldwide First Quarter 2016 Adjusted EBITDA Increased 4% http://www.hotelnewsresource.com/article88977Wyndham_Worldwide_First_Quarter______Adjusted_EBITDA_Increased___.html http://www.hotelnewsresource.com/article88977Wyndham_Worldwide_First_Quarter______Adjusted_EBITDA_Increased___.html irst quarter 2016 adjusted EBITDA increased 4%, or 6% on a currency neutral basis and excluding acquisitions compared with the first quarter of 2015. Tue, 26 Apr 2016 11:11:25 EST FelCor Reports First Quarter 2016 Same-store RevPAR Increased by 4.7% http://www.hotelnewsresource.com/article88969FelCor_Reports_First_Quarter______Same_store_RevPAR_Increased_by_____.html http://www.hotelnewsresource.com/article88969FelCor_Reports_First_Quarter______Same_store_RevPAR_Increased_by_____.html Adjusted EBITDA was $49.0 million, and Same-store Adjusted EBITDA increased by $3.6 million, or 7.8%, to $50.3 million compared to the same period in 2015. Tue, 26 Apr 2016 10:11:48 EST Extended Stay America Q1 2016 Comparable Hotel Total Revenues Up 6.3 Percent http://www.hotelnewsresource.com/article88956Extended_Stay_America_Q_______Comparable_Hotel_Total_Revenues_Up_____Percent.html http://www.hotelnewsresource.com/article88956Extended_Stay_America_Q_______Comparable_Hotel_Total_Revenues_Up_____Percent.html Comparable Hotel RevPAR grew 5.0% to $44.83 - Comparable Hotel Adjusted EBITDA increased 6.1% to $122.8 million Tue, 26 Apr 2016 07:17:21 EST Grupo Hotelero Santa Fe Reports Increase of 36% in Total Revenue and 46% EBITDA for 1Q16 http://www.hotelnewsresource.com/article88926Grupo_Hotelero_Santa_Fe_Reports_Increase_of_____in_Total_Revenue_and_____EBITDA_for__Q__.html http://www.hotelnewsresource.com/article88926Grupo_Hotelero_Santa_Fe_Reports_Increase_of_____in_Total_Revenue_and_____EBITDA_for__Q__.html Total Revenue for 1Q16 reached Ps. 322.2 million, 36.1% higher compared to 1Q15, driven by the following increases: 34.9% in Room Revenue, 37.2% in Food and Beverages, 25.0% in Other Hotel Revenue and 64.5% in management fees related to third-party owned hotels. Fri, 22 Apr 2016 09:05:13 EST LaSalle Hotel Properties Reports First Quarter 2016 Results http://www.hotelnewsresource.com/article88925LaSalle_Hotel_Properties_Reports_First_Quarter______Results.html http://www.hotelnewsresource.com/article88925LaSalle_Hotel_Properties_Reports_First_Quarter______Results.html Achieves highest-ever first quarter hotel EBITDA and hotel EBITDA margin Fri, 22 Apr 2016 08:57:28 EST Hoteles City Express Reports Q1 10.7% Growth in RevPAR and 23.1% Growth in Adjusted EBITDA http://www.hotelnewsresource.com/article88915Hoteles_City_Express_Reports_Q________Growth_in_RevPAR_and_______Growth_in_Adjusted_EBITDA.html http://www.hotelnewsresource.com/article88915Hoteles_City_Express_Reports_Q________Growth_in_RevPAR_and_______Growth_in_Adjusted_EBITDA.html At the Chain level, occupancy in 1Q16 came to 59.3%, 224 basis points higher than the same period of the year before. The Average Daily Rate and Revenue per Available Room showed increases of 6.5% and 10.7% in comparison with 1Q15, coming to $811 and $481, respectively. Thu, 21 Apr 2016 09:30:00 EST Las Vegas Sands Net Revenue for the First Quarter of 2016 Decreased 9.8 Percent http://www.hotelnewsresource.com/article88913Las_Vegas_Sands_Net_Revenue_for_the_First_Quarter_of______Decreased_____Percent.html http://www.hotelnewsresource.com/article88913Las_Vegas_Sands_Net_Revenue_for_the_First_Quarter_of______Decreased_____Percent.html Net revenue for the first quarter of 2016 decreased 9.8% to $2.72 billion, compared to $3.01 billion in the first quarter of 2015. Consolidated adjusted property EBITDA of $917.6 million decreased 12.7% in the first quarter of 2016, compared to the year-ago quarter. On a hold-normalized basis, adjusted property EBITDA increased 0.9% to $1.03 billion in the first quarter of 2016. Thu, 21 Apr 2016 09:17:29 EST Baird/STR Stock Index Up 8.6 Percent for March 2016 http://www.hotelnewsresource.com/article88863U_S__Hotel_Stocks_Up_____Percent_for_March_____.html http://www.hotelnewsresource.com/article88863U_S__Hotel_Stocks_Up_____Percent_for_March_____.html The Baird/STR Hotel Stock Index for March outperformed the S&P 500 (+6.6%) but fell short of the performance of the MSCI REIT (RMZ) (+9.8%). Tue, 19 Apr 2016 09:38:51 EST Fibra Inn Announces Monthly Reports 18.6% RevPar Increase for March 2016 http://www.hotelnewsresource.com/article88681Fibra_Inn_Announces_Monthly_Reports_______RevPar_Increase_for_March_____.html http://www.hotelnewsresource.com/article88681Fibra_Inn_Announces_Monthly_Reports_______RevPar_Increase_for_March_____.html Fibra Inn Announces Monthly Report of Hotel Indicators for March 2016 and First Quarter 2016 Thu, 7 Apr 2016 09:49:59 EST GE Capital’s Franchise Finance U.S. Hotel Business Sold to Western Alliance Bank http://www.hotelnewsresource.com/article88555GE_Capital______s_Franchise_Finance_U_S__Hotel_Business_Sold_to_Western_Alliance_Bank.html http://www.hotelnewsresource.com/article88555GE_Capital______s_Franchise_Finance_U_S__Hotel_Business_Sold_to_Western_Alliance_Bank.html The sale includes approximately $1.4 billion in ending net investment (ENI) and the majority of the hotel business employees. The business provides real estate financing to owners of limited service hotel properties. Wed, 30 Mar 2016 08:22:01 EST Full House Resorts Announces Strong Fourth Quarter and Full Year 2015 Results http://www.hotelnewsresource.com/article88458Full_House_Resorts_Announces_Strong_Fourth_Quarter_and_Full_Year______Results.html http://www.hotelnewsresource.com/article88458Full_House_Resorts_Announces_Strong_Fourth_Quarter_and_Full_Year______Results.html Consolidated Net Revenues Increased 14.1% from Fourth Quarter of 2014 - Adjusted EBITDA for the Fourth Quarter of 2015 Improved to $2.6 Million from $368,000 in the Prior-Year Period Tue, 22 Mar 2016 10:38:35 EST Marriott International Reiterates RevPAR and Rooms Growth Expectations http://www.hotelnewsresource.com/article88441Marriott_International_Reiterates_RevPAR_and_Rooms_Growth_Expectations.html http://www.hotelnewsresource.com/article88441Marriott_International_Reiterates_RevPAR_and_Rooms_Growth_Expectations.html The company expects comparable systemwide RevPAR on a constant dollar basis in North America, outside North America and worldwide will increase 2 to 4 percent in the first quarter of 2016 and 3 to 5 percent for full year 2016, likely toward the upper end of the full year range. Mon, 21 Mar 2016 10:30:54 EST Homeinns Hotel Group Reports Fourth Quarter and Full Year 2015 Financial Results http://www.hotelnewsresource.com/article88423Homeinns_Hotel_Group_Reports_Fourth_Quarter_and_Full_Year______Financial_Results.html http://www.hotelnewsresource.com/article88423Homeinns_Hotel_Group_Reports_Fourth_Quarter_and_Full_Year______Financial_Results.html Total revenues increased 2.6% year over year to RMB 1,677.4 million (US$258.9 million) for the fourth quarter of 2015. For the full year 2015, total revenues decreased 0.2% year over year to RMB 6,671.1 million (US$1,029.8 million). Thu, 17 Mar 2016 14:39:14 EST Baird/STR Stock Index Up 11.8 Percent for February 2016 http://www.hotelnewsresource.com/article88334U_S__Hotel_Stocks__Up______Percent_for_February_____.html http://www.hotelnewsresource.com/article88334U_S__Hotel_Stocks__Up______Percent_for_February_____.html The Baird/STR Hotel Stock Index for February outperformed the S&P 500 (-0.4%) and the MSCI REIT (RMZ) (-0.7%). Mon, 14 Mar 2016 14:28:20 EST