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 Starwood Announces Regular Quarterly Dividend and Special Dividend http://www.hotelnewsresource.com/article80919Starwood_Announces_Regular_Quarterly_Dividend_and_Special_Dividend.html http://www.hotelnewsresource.com/article80919Starwood_Announces_Regular_Quarterly_Dividend_and_Special_Dividend.html Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) yesterday announced that its Board of Directors declared a regular quarterly dividend of $0.35 per share. The regular quarterly dividend will be paid on December 29, 2014 to stockholders of record on December 8, 2014. Fri, 21 Nov 2014 08:59:29 EST Supertel Hospitality 2014 Third Quarter RevPAR Up 8.3 Percent http://www.hotelnewsresource.com/article80824Supertel_Hospitality______Third_Quarter_RevPAR_Up_____Percent.html http://www.hotelnewsresource.com/article80824Supertel_Hospitality______Third_Quarter_RevPAR_Up_____Percent.html Revenue from continuing operations was $16.9 million, an increase of 8.2 percent over the same 2013 period. Mon, 17 Nov 2014 17:45:44 EST Home Inns Group Third Quarter 2014 Total Revenues Increased 7.9% http://www.hotelnewsresource.com/article80744Home_Inns_Group_Third_Quarter______Total_Revenues_Increased_____.html http://www.hotelnewsresource.com/article80744Home_Inns_Group_Third_Quarter______Total_Revenues_Increased_____.html Total revenues increased 7.9% year over year to RMB 1.88 billion (US$305.7 million) for the third quarter of 2014, within the guidance range. Wed, 12 Nov 2014 11:15:18 EST Temple Hotels Inc. 2014 Third Quarter Operating Income Up 8% http://www.hotelnewsresource.com/article80711Temple_Hotels_Inc_______Third_Quarter_Operating_Income_Up___.html http://www.hotelnewsresource.com/article80711Temple_Hotels_Inc_______Third_Quarter_Operating_Income_Up___.html Operating income increased by $1.33 million or 8% during Q3-2014, compared to Q3-2013, comprised of a $4.6 million increase in operating from 'new hotel properties' (eight hotels acquired during 2013 and six hotels acquired year-to-date in 2014) offset by a $3.3 million decrease in operating income from the 'same property' portfolio. Tue, 11 Nov 2014 13:03:11 EST Meliá Hotels Reports 12.6% RevPAR Increase for Third Quarter 2014 http://www.hotelnewsresource.com/article80706Meli_______Hotels_Reports_______RevPAR_Increase_for_Third_Quarter_____.html http://www.hotelnewsresource.com/article80706Meli_______Hotels_Reports_______RevPAR_Increase_for_Third_Quarter_____.html Meliá Hotels International today announced results for the first nine months of the year. In a positive context for international travel, especially for the resorts segment in Spain, the Company recorded a net attributable profit of €34.9 million, 56% more than in the same period in 2013. Tue, 11 Nov 2014 12:44:18 EST Baird/STR Stock Down Index for October 2014 http://www.hotelnewsresource.com/article80702U_S__Hotel_Stocks_Up______in_October_____.html http://www.hotelnewsresource.com/article80702U_S__Hotel_Stocks_Up______in_October_____.html The Baird/STR Hotel Stock Index reported a 3.6-percent increase to 3,730 in October and is up 17.4 percent year to date. The index ended 2013 at 3,177. Tue, 11 Nov 2014 12:34:27 EST Extended Stay America Third Quarter 2014 Revenue Up 7.9% http://www.hotelnewsresource.com/article80696Extended_Stay_America_Third_Quarter______Revenue_Up_____.html http://www.hotelnewsresource.com/article80696Extended_Stay_America_Third_Quarter______Revenue_Up_____.html Total revenues for the three months ended September 30, 2014 increased 7.9% over the comparable period in 2013 to $338.6 million. For the nine months ended September 30, 2014, total revenues increased 7.7% over the comparable period in 2013 to $930.8 million. Tue, 11 Nov 2014 11:42:53 EST Morgans Hotel Group Third Quarter 2014 Adjusted EBITDA Down 6.4% http://www.hotelnewsresource.com/article80681Morgans_Hotel_Group_Third_Quarter______Adjusted_EBITDA_Down_____.html http://www.hotelnewsresource.com/article80681Morgans_Hotel_Group_Third_Quarter______Adjusted_EBITDA_Down_____.html Adjusted EBITDA for the third quarter of 2014 was $11.0 million, a 6.4% decrease over the same period in 2013. Excluding a termination fee related to Ames in Boston of $0.9 million received in 2013 and a $1.5 million litigation settlement related to TLG paid in 2014, Adjusted EBITDA increased 15.2% in the third quarter of 2014 over the same period in 2013. Mon, 10 Nov 2014 11:51:40 EST Eldorado Resorts, Inc. Third Quarter 2014 Net Operating Revenues Up 24% http://www.hotelnewsresource.com/article80662Eldorado_Resorts__Inc__Third_Quarter______Net_Operating_Revenues_Up____.html http://www.hotelnewsresource.com/article80662Eldorado_Resorts__Inc__Third_Quarter______Net_Operating_Revenues_Up____.html Net operating revenues for Eldorado for the third quarter 2014 was $78.9 million, an increase of 24% from the prior-year period, and Adjusted EBITDA was $11.3 million, an increase of 6% from the prior-year period. All results of operations, including Adjusted EBITDA, for Eldorado include 12 days of operations from MTR beginning on September 19, 2014, the date the merger was consummated. Mon, 10 Nov 2014 08:18:21 EST Chatham Lodging Trust Third Quarter RevPAR Increases 10.5 Percent http://www.hotelnewsresource.com/article80645Chatham_Lodging_Trust_Third_Quarter_RevPAR_Increases______Percent.html http://www.hotelnewsresource.com/article80645Chatham_Lodging_Trust_Third_Quarter_RevPAR_Increases______Percent.html djusted EBITDA – Improved 82 percent to $28.5 million Thu, 6 Nov 2014 10:12:45 EST Ryman Hospitality Properties, Inc. Third Quarter 2014 Total Revenue Up 10.8 http://www.hotelnewsresource.com/article80644Ryman_Hospitality_Properties__Inc__Third_Quarter______Total_Revenue_Up_____.html http://www.hotelnewsresource.com/article80644Ryman_Hospitality_Properties__Inc__Third_Quarter______Total_Revenue_Up_____.html RevPAR Increase of 10.2 Percent; Total RevPAR Increase of 9.9 Percent – Consolidated Adjusted EBITDA Increase of 14.0 Percent to $65.4 Million – Narrows 2014 Full Year Guidance Range Thu, 6 Nov 2014 10:10:33 EST Full House Resorts Q3 Revenues and Adjusted EBITD Drop http://www.hotelnewsresource.com/article80635Full_House_Resorts_Q__Revenues_and_Adjusted_EBITD_Drop.html http://www.hotelnewsresource.com/article80635Full_House_Resorts_Q__Revenues_and_Adjusted_EBITD_Drop.html Full House Resorts Announces Three and Nine-Month Results for the Period Ended September 30, 2014 Thu, 6 Nov 2014 09:34:47 EST Belmond Ltd. Third Quarter 2014 Hotel Revenues Decline 2% http://www.hotelnewsresource.com/article80625Belmond_Ltd__Third_Quarter______Hotel_Revenues_Decline___.html http://www.hotelnewsresource.com/article80625Belmond_Ltd__Third_Quarter______Hotel_Revenues_Decline___.html Total revenue in the third quarter of 2014 was $187.8 million, down $1.5 million or 1% from $189.3 million in the third quarter of 2013. Total hotels revenue for the third quarter was $158.7 million, a decrease of $3.4 million or 2% from $162.1 million in the third quarter of 2013. Thu, 6 Nov 2014 06:48:40 EST DiamondRock Hospitality Third Quarter Pro Forma RevPAR Up 18.6% and Hotel Adjusted EBITDA Up 39.1% http://www.hotelnewsresource.com/article80582DiamondRock_Hospitality_Third_Quarter_Pro_Forma_RevPAR_Up_______and_Hotel_Adjusted_EBITDA_Up______.html http://www.hotelnewsresource.com/article80582DiamondRock_Hospitality_Third_Quarter_Pro_Forma_RevPAR_Up_______and_Hotel_Adjusted_EBITDA_Up______.html Pro Forma RevPAR: Pro Forma RevPAR was $170.88, an increase of 18.6% from the comparable period of 2013 - Pro Forma Hotel Adjusted EBITDA Margin: Pro Forma Hotel Adjusted EBITDA margin was 31.39%, an increase of 531 basis points from the comparable period of 2013 Tue, 4 Nov 2014 09:09:37 EST Chesapeake Lodging Trust Reports Third Quarter 2014 Results http://www.hotelnewsresource.com/article80579Chesapeake_Lodging_Trust_Reports_Third_Quarter______Results.html http://www.hotelnewsresource.com/article80579Chesapeake_Lodging_Trust_Reports_Third_Quarter______Results.html RevPAR: 11.4% increase for the 16-hotel portfolio and 7.3% increase for the 19-hotel portfolio over the same period in 2013. Adjusted Hotel EBITDA Margin: 160 basis point increase to 37.7% for the 16-hotel portfolio and 110 basis point increase to 36.0% for the 19-hotel portfolio over the same period in 2013. Tue, 4 Nov 2014 08:59:28 EST RLJ Lodging Trust Third Quarter Pro Forma RevPAR Up 9.6% http://www.hotelnewsresource.com/article80577RLJ_Lodging_Trust_Third_Quarter_Pro_Forma_RevPAR_Up_____.html http://www.hotelnewsresource.com/article80577RLJ_Lodging_Trust_Third_Quarter_Pro_Forma_RevPAR_Up_____.html Pro forma Hotel EBITDA Margin increased 201 basis points to 36.8% - Pro forma Consolidated Hotel EBITDA increased 16.0% to $109.4 million - Adjusted FFO increased 34.2% to $87.4 million Tue, 4 Nov 2014 08:52:00 EST Strategic Hotels & Resorts Third Quarter 2014 Total Consolidated Revenues Up 36.5% http://www.hotelnewsresource.com/article80569Strategic_Hotels___Resorts_Third_Quarter______Total_Consolidated_Revenues_Up______.html http://www.hotelnewsresource.com/article80569Strategic_Hotels___Resorts_Third_Quarter______Total_Consolidated_Revenues_Up______.html otal consolidated revenues were $305.3 million in the third quarter of 2014, a 36.5 percent increase over the prior year period. - Net income attributable to common shareholders was $21.0 million, or $0.07 per diluted share, in the third quarter of 2014, compared with $3.8 million, or $0.00 per diluted share, in the third quarter of 2013. Tue, 4 Nov 2014 08:20:27 EST MGM Resorts International Third Quarter Net Revenue Increases 1% http://www.hotelnewsresource.com/article80557MGM_Resorts_International_Third_Quarter_Net_Revenue_Increases___.html http://www.hotelnewsresource.com/article80557MGM_Resorts_International_Third_Quarter_Net_Revenue_Increases___.html Rooms revenue at wholly owned domestic resorts increased 5% with a 6% increase in REVPAR(1) at the Company's Las Vegas Strip resorts compared to the prior year quarter Tue, 4 Nov 2014 07:29:03 EST Summit Hotel Properties Third Quarter 2014 Reports 15.1 % Pro Forma RevPAR Growth http://www.hotelnewsresource.com/article80547Summit_Hotel_Properties_Third_Quarter______Reports________Pro_Forma_RevPAR_Growth.html http://www.hotelnewsresource.com/article80547Summit_Hotel_Properties_Third_Quarter______Reports________Pro_Forma_RevPAR_Growth.html Pro forma hotel EBITDA for the third quarter of 2014 was $41.6 million, an increase of 20.3 percent over the same period in 2013. Mon, 3 Nov 2014 08:43:12 EST Hilton Worldwide Third Quarter 2014 Comparable RevPAR Up 8.4 Percent http://www.hotelnewsresource.com/article80536Hilton_Worldwide_Third_Quarter______Comparable_RevPAR_Up_____Percent.html http://www.hotelnewsresource.com/article80536Hilton_Worldwide_Third_Quarter______Comparable_RevPAR_Up_____Percent.html Adjusted EBITDA for the third quarter increased more than 13 percent from the same period in 2013 to $645 million and Adjusted EBITDA margin increased 160 basis points Mon, 3 Nov 2014 07:57:09 EST