Today's Hotel Financial News Today's Hotel Financial News from Hotel News Resource en-us Hotel News Resource Hoteles City Express Reports 10.2% Growth in RevPAR and Adjusted EBITDA Margin of 34.8% for 3rd Quarter 2016 At the Chain level, occupancy in 3Q16 came to 63.2%. The Average Daily Rate and Revenue per Available Room showed significant increases of 11.5% and 10.2% in comparison with 3Q15, registering $854 and $539, respectively. Thu, 20 Oct 2016 15:27:57 EST LaSalle Hotel Properties Reports Third Quarter 2016 Results The Company’s RevPAR increased 4.3 percent to $224.98, primarily driven by a 3.9 percent growth in occupancy to 89.5 percent. Average daily rate rose by 0.4 percent to $251.26. Thu, 20 Oct 2016 11:23:33 EST Baird/STR Stock Index Down 6.4 Percent for September 2016 The Baird/STR Hotel Stock Index fell 6.4% in September to close the month at 3,134. Year to date, the index remains up 1.3%. Fri, 14 Oct 2016 11:06:00 EST Fibra Inn Announces Report of Hotel Indicators for September 2016 and Third Quarter 2016 Quarterly Same-Store Sales Up 18.9 Percent Wed, 12 Oct 2016 11:02:11 EST Chatham Lodging Updates Third Quarter Operating Outlook Chatham Lodging Trust (NYSE: CLDT) yesterday announced preliminary room revenue per available room (RevPAR) results for the quarter ended September 30, 2016, and updated its outlook for net income, net income per diluted share, adjusted EBITDA and adjusted FFO per share. Tue, 11 Oct 2016 11:55:27 EST Vail Resorts Reports Fiscal 2016 Fourth Quarter and Full Year Results and Provides Fiscal 2017 Outlook Net income attributable to Vail Resorts, Inc. was $149.8 million for fiscal 2016, an increase of 30.5% compared to fiscal 2015 or 46.6%, excluding the $12.6 million after-tax non-cash gain on the Park City litigation settlement in fiscal 2015. Mon, 26 Sep 2016 16:47:36 EST Fitch Upgrades Host Hotels' IDR to 'BBB' - Outlook Stable Fitch Ratings has upgraded the ratings of Host Hotels & Resorts, Inc. (NYSE: HST) and its operating partnership Host Hotels & Resorts, L.P. (collectively Host or the company), including the Issuer Default Rating (IDR), to 'BBB' from 'BBB-'. The Rating Outlook is Stable. Mon, 26 Sep 2016 08:52:21 EST Baird/STR Stock Index Up 0.9 Percent for August 2016 The Baird/STR Hotel Stock Index increased 0.9% in August to close the month at 3,349. Year to date, the index is up 8.2%. Mon, 12 Sep 2016 11:41:43 EST Fibra Inn Reports 17.3 Percent Increase in RevPar for August 2016 Fibra Inn has a total portfolio of 43 properties; of which 42 hotels are in operation and one is under a binding agreement. This represents a total of 7,112 rooms, 6,806 are in operation, 85 are under a binding agreement and 221 are currently under construction. Thu, 8 Sep 2016 11:04:11 EST American Hotel Income Properties REIT LP Reports Second Quarter 2016 Financial Results Strongest Quarter in AHIP's History With Revenues Increasing by +30.5%, Net Income Increasing by +46.4% and Diluted FFO per Unit Increasing by +11.1%; All Amounts Expressed in U.S. Dollars Unless Otherwise Indicated Wed, 10 Aug 2016 12:45:29 EST Sunstone Hotel Investors Reports Results For Second Quarter 2016 Net income increased 22.5% to $65.7 million. Comparable Hotel RevPAR increased 1.3% to $179.65. Tue, 9 Aug 2016 12:21:37 EST Fibra Inn Announces Monthly Report of Hotel Indicators for July 2016 Reports 19.7% increase in revenue Tue, 9 Aug 2016 11:06:20 EST Apple Hospitality REIT, Inc. Reports Results of Operations for Second Quarter 2016 Comparable Hotels RevPAR growth of 5.1 percent, Adjusted EBITDA growth of 11.6 percent Tue, 9 Aug 2016 11:03:16 EST Baird/STR Stock Index Up 6.1 Percent for July 2016 The Baird/STR Hotel Stock Index increased 6.1% in July to close the month at 3,320. Year to date, the index is up 7.3%. Mon, 8 Aug 2016 10:35:39 EST Diamond Resorts International, Inc. Reports Second Quarter 2016 Revenue Increase of 6.1% Total revenue for the second quarter increased $14.2 million, or 6.1%, to $245.7 million. Net income for the second quarter decreased $10.1 million, or 28.5%, to $25.5 million. Mon, 8 Aug 2016 10:29:39 EST Fitch: With U.S. Hotels at Peak, CMBS Being Watched with a Wary Eye The days of strong RevPAR growth and occupancy rates are over for U.S. hotels, which could impair loan performance for CMBS as interest rates rise, according to the latest video in Fitch Ratings' Virtual Investor Series. Mon, 8 Aug 2016 10:16:09 EST Xenia Hotels & Resorts Reports Second Quarter 2016 Results Same-Property RevPAR increased 1.8% from the second quarter of 2015 to $162.47, as occupancy remained flat and ADR increased 1.8%. Excluding hotels located in Houston, Same-Property RevPAR increased 3.8% from the second quarter of 2015, as occupancy increased 63 basis points and ADR increased 3.0%. Fri, 5 Aug 2016 09:49:50 EST RLJ Lodging Trust Reports Second Quarter 2016 Results Net income increased 4.1% to $58.7 million - Pro forma RevPAR increased 1.9%, Pro forma ADR increased 1.6%, and Pro forma Occupancy increased 0.4% Thu, 4 Aug 2016 14:49:52 EST Belmond Ltd. Reports Second Quarter 2016 Results Total revenue of $158.1 million, down $4.7 million or 3% from the prior-year quarter; up $0.6 million on a constant currency basis Thu, 4 Aug 2016 14:46:02 EST MGM Resorts International Reports Strong Second Quarter Financial And Operating Results Net revenues at the Company's domestic resorts decreased 1% compared to the prior year quarter, but increased 1% excluding Circus Circus Reno, Railroad Pass, and the Company's properties in Jean Nevada, which were sold during 2015; Rooms revenue at the Company's domestic resorts increased 2%, with a 3% increase in REVPAR at the Company's Las Vegas Strip resorts, compared to the prior year quarter; Thu, 4 Aug 2016 13:38:10 EST