Today's Hotel Financial News Today's Hotel Financial News from Hotel News Resource en-us Hotel News Resource Las Vegas Sands Reports Fourth Quarter and Full Year 2015 Results For the Year Ended December 31, 2015 Net Revenue was $11.69 Billion, Consolidated Adjusted Property EBITDA was $4.17 Billion, Net Income Attributable to Las Vegas Sands was $1.97 Billion and Adjusted Earnings per Diluted Share was $2.55 Thu, 28 Jan 2016 13:56:37 EST Chesapeake Lodging Trust Provides 2016 Outlook The Trust is also providing an update today on its financial results for the quarter and year ended December 31, 2015. For its hotel portfolio, the Trust expects fourth quarter and full year 2015 RevPAR to increase 3.8% and 5.7%, respectively, and fourth quarter and full year 2015 Adjusted Hotel EBITDA to be slightly above the low end of the guidance ranges previously provided. Mon, 25 Jan 2016 09:45:34 EST Baird/STR Stock Index Drops 5.7 Percent for December 2015 The Baird/STR Hotel Stock Index for December lagged behind the performance of the MSCI REIT (RMZ) (+1.2%) and the S&P 500 (-1.8%). For the full year, both the S&P 500 (-0.7%) and the MSCI REIT (RMZ) (-1.5%) outperformed the Baird/STR Hotel Stock Index. Wed, 20 Jan 2016 11:38:50 EST Wynn Resorts Announces Preliminary Fourth Quarter and Year End 2015 Results In the fourth quarter of 2015 for Macau Operations, net revenues are expected to be in the range of $552 million to $560 million, compared to $761.2 million generated in the fourth quarter of 2014. Fri, 15 Jan 2016 10:04:25 EST LaSalle Hotel Properties Provides Updated 2015 Outlook RevPAR is estimated to be below the Company’s outlook provided on October 22, 2015, due to weaker than anticipated hotel operating performance during the fourth quarter. Wed, 13 Jan 2016 08:57:50 EST USALI Treatment of Preopening Expenses - By Gordon Potter Ph.D. In an effort to assist hotel owners and operators with their implementation, the FMC is presenting a series of monthly articles that address some of the most frequently asked questions. For this month we discuss pre-opening expenses. The article was prepared by FMC committee member Gordon Potter Ph.D. Wed, 30 Dec 2015 11:02:38 EST The Marcus Corporation Reports Second Quarter 2015 Results Record operating income for Marcus Hotels & Resorts helps to offset impact of weaker film slate for Marcus Theatres Fri, 18 Dec 2015 10:19:48 EST U.S. Lodging Upcycle Likely to Continue In 2016 The 2016 outlook for the global hotel industry is Stable as favorable travel trends and stable financial policies should allow most issuers to operate within Fitch's rating sensitivities, according to Fitch Ratings. Fitch expects global RevPAR growth will modestly decelerate to a healthy 3% to 5%. Mon, 14 Dec 2015 12:00:56 EST Baird/STR Stock Index Drops 5.4 Percent for November 2015 The Baird/STR Hotel Stock Index for November lagged behind the performance of the S&P 500 (+0.1%) and the MSCI REIT (RMZ) (-1.0%). Fri, 11 Dec 2015 10:18:19 EST Vail Resorts Q1 2016 Lodging Segment Net Revenue Up 9.5% Lodging Reported EBITDA increased $2.1 million to $2.8 million for the three months ended October 31, 2015 as compared to the same period in the prior year. Tue, 8 Dec 2015 12:03:05 EST Small, Yet Impactful, Changes in the 11th Edition of the Uniform System of Accounts for the Lodging Industry - by Ralph Miller and Robert Mandelbaum The 11th Revised Edition of the USALI contains some significant changes that are very obvious to readers. Examples include the addition of a new Undistributed Department (Information and Telecommunications Systems), or the movement of Non-Operating Income out of Total Revenue. Tue, 24 Nov 2015 10:28:18 EST Baird/STR Stock Index Up 10 Percent for October 2015 The Baird/STR Hotel Stock Index for October outpaced the performance of the S&P 500 (+8.3%) and the MSCI REIT (RMZ) (+5.6%). Fri, 20 Nov 2015 12:09:47 EST WoodSpring Hotels Third Quarter 2015 Revenue Increased by 18.4 Percent Comparable corporate hotel room revenue per available room (RevPAR) rose 5.4 percent as compared to third quarter of 2014, including a 7.5 percent average daily rate increase. Wed, 18 Nov 2015 07:55:41 EST The ONE Group Q3 Owned Unit Net Revenues Increased 27.5 Percent Total owned unit net revenues increased 27.5% to $13.3 million in the third quarter of 2015 compared to $10.4 million in the third quarter of 2014. The increase was primarily due to the re-opening of our STK in Miami and the food and beverage services at the W Hotel in West Beverly Hills. Comparable sales from owned STK units increased 0.3% for the quarter. Tue, 17 Nov 2015 07:36:47 EST Fitch Revises Marriott's Outlook to Positive on Starwood Acquisition Fitch Ratings has affirmed Marriott International's (NYSE: MAR) 'BBB' long-term Issuer Default Rating (IDR) and 'F2' short-term IDR and revised the company's Rating Outlook to Positive from Stable. Tue, 17 Nov 2015 07:33:57 EST American Hotel Income Properties REIT Q3 Funds from Operation Increased by 65% EBITDA for the quarter was up 68% to $12.8 million (2014 - $7.6 million) and EBITDA margin for the quarter increased by 1.8% to 31.7% (2014 - 29.9%). Mon, 16 Nov 2015 08:07:13 EST Xenia Hotels & Resorts Reports Third Quarter 2015 Results Same-Property RevPAR, as adjusted by our operators for USALI, increased 4.6% from the third quarter of 2014 to $147.81, as occupancy remained essentially flat and ADR increased 4.6%. Same-Property Hotel EBITDA margin was 31.8%, an increase of 60 basis points from the same period in 2014. Thu, 12 Nov 2015 08:43:57 EST Full House Resorts Q3 Consolidated Net Revenues Increased 4.1% Net Income for the Third Quarter of 2015 Rose to $2.0 Million, or $0.11 per Common Share Wed, 11 Nov 2015 11:38:44 EST China's Homeinns Hotel Group Reports Third Quarter 2015 Revenue Decline Total revenues decreased 1.1% year over year to RMB 1,855.9 million (US$292.0 million) for the third quarter of 2015, within the previously provided guidance range of RMB 1,830 million to RMB 1,860 million. Tue, 10 Nov 2015 10:55:37 EST Fibra Inn Reports 13.2% Growth in Revenue Per Available Room for October 2015 Fibra Inn Announces Monthly Report of Hotel Indicators for October 2015 Mon, 9 Nov 2015 16:12:21 EST