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 MGM Resorts International Reports Fourth Quarter And Full Year Financial And Operating Results; Announces Quarterly Dividend https://www.hotelnewsresource.com/article93203MGM_Resorts_International_Reports_Fourth_Quarter_And_Full_Year_Financial_And_Operating_Results__Announces_Quarterly_Dividend.html https://www.hotelnewsresource.com/article93203MGM_Resorts_International_Reports_Fourth_Quarter_And_Full_Year_Financial_And_Operating_Results__Announces_Quarterly_Dividend.html Increased diluted earnings per share in the fourth quarter of 2016 to $0.04 from a loss per share of $1.38 in the prior year quarter - Increased diluted earnings per share in 2016 to $1.92 from a loss per share of $0.82 in 2015 - Initiated a quarterly dividend program to further drive shareholder value Thu, 16 Feb 2017 11:08:56 EST Choice Hotels International Reports A 10 Percent Increase In Fourth Quarter Diluted Earnings Per Share https://www.hotelnewsresource.com/article93199Choice_Hotels_International_Reports_A____Percent_Increase_In_Fourth_Quarter_Diluted_Earnings_Per_Share.html https://www.hotelnewsresource.com/article93199Choice_Hotels_International_Reports_A____Percent_Increase_In_Fourth_Quarter_Diluted_Earnings_Per_Share.html Net income for the fourth quarter of 2016 was $31.8 million or $0.56 per diluted share, compared with $29.2 million or $0.51 per diluted share for the fourth quarter of 2015. Fourth quarter adjusted earnings before income taxes, depreciation and amortization (EBITDA) was $56.0 million, compared with $50.6 million in the prior year, an increase of 11 percent. Thu, 16 Feb 2017 10:51:58 EST Hoteles City Express Announces Results for 4th Quarter with 13.6% Growth in ADR and Adjusted EBITDA Increase of 16.1% https://www.hotelnewsresource.com/article93198Hoteles_City_Express_Announces_Results_for__th_Quarter_with_______Growth_in_ADR_and_Adjusted_EBITDA_Increase_of______.html https://www.hotelnewsresource.com/article93198Hoteles_City_Express_Announces_Results_for__th_Quarter_with_______Growth_in_ADR_and_Adjusted_EBITDA_Increase_of______.html Operating income was $102.4 million in 4Q16; a 7.6% increase over the same quarter last year. Thu, 16 Feb 2017 10:48:19 EST Hyatt Reports Fourth Quarter 2016 Results https://www.hotelnewsresource.com/article93194Hyatt_Reports_Fourth_Quarter______Results.html https://www.hotelnewsresource.com/article93194Hyatt_Reports_Fourth_Quarter______Results.html U.S. and Systemwide Comparable RevPAR Increased 2.4% and 2.0%, Respectively Expects Systemwide RevPAR Growth of 0% to 2% in 2017 Thu, 16 Feb 2017 09:32:26 EST Marriott International Reports Fourth Quarter 2016 Results https://www.hotelnewsresource.com/article93182Marriott_International_Reports_Fourth_Quarter______Results.html https://www.hotelnewsresource.com/article93182Marriott_International_Reports_Fourth_Quarter______Results.html Fourth quarter reported net income totaled $244 million, a 21 percent increase over prior year results. Fourth quarter adjusted net income totaled $334 million, a 15 percent increase over prior year combined results. Wed, 15 Feb 2017 16:11:30 EST Wyndham Worldwide Reports Fourth Quarter and Full Year 2016 Results https://www.hotelnewsresource.com/article93179Wyndham_Worldwide_Reports_Fourth_Quarter_and_Full_Year______Results.html https://www.hotelnewsresource.com/article93179Wyndham_Worldwide_Reports_Fourth_Quarter_and_Full_Year______Results.html Fourth quarter revenues were $1.3 billion, up 1% compared with the prior year period. Net income for the fourth quarter of 2016 was $164 million compared with $140 million for the fourth quarter of 2015. Wed, 15 Feb 2017 15:40:52 EST Hilton Reports Fourth Quarter and Full Year Revenue Declines for Owned and Leased Hotels https://www.hotelnewsresource.com/article93164Hilton_Reports_Fourth_Quarter_and_Full_Year_Revenue_Declines_for_Owned_and_Leased_Hotels.html https://www.hotelnewsresource.com/article93164Hilton_Reports_Fourth_Quarter_and_Full_Year_Revenue_Declines_for_Owned_and_Leased_Hotels.html Achieved high end of guidance on system-wide comparable RevPAR with increases of 0.9 percent and 1.8 percent for the fourth quarter and full year 2016, respectively, on a currency neutral basis from the same periods in 2015 Wed, 15 Feb 2017 09:11:07 EST Baird/STR Stock Index Up 0.5 Percent for January 2017 https://www.hotelnewsresource.com/article93035U_S__Hotel_Stocks_Up_____Percent_for_January_____.html https://www.hotelnewsresource.com/article93035U_S__Hotel_Stocks_Up_____Percent_for_January_____.html The Baird/STR Hotel Stock Index for January outperformed the MSCI REIT (RMZ) (-0.9%) but lagged behind the performance of the S&P 500 (+1.8%). Mon, 6 Feb 2017 10:58:48 EST Wynn Resorts, Limited Reports Fourth Quarter and Year End 2016 Results https://www.hotelnewsresource.com/article92937Wynn_Resorts__Limited_Reports_Fourth_Quarter_and_Year_End______Results.html https://www.hotelnewsresource.com/article92937Wynn_Resorts__Limited_Reports_Fourth_Quarter_and_Year_End______Results.html Net revenues were $1.30 billion for the fourth quarter of 2016, an increase of 37.3%, or $353.5 million, from $946.9 million for the same period of 2015. The increase was the result of $418.7 million from Wynn Palace, partially offset by decreases of $57.2 million from Wynn Macau and $7.9 million from our Las Vegas Operations. Thu, 26 Jan 2017 16:17:24 EST Las Vegas Sands Reports Fourth Quarter and Full Year 2016 Results https://www.hotelnewsresource.com/article92924Las_Vegas_Sands_Reports_Fourth_Quarter_and_Full_Year______Results.html https://www.hotelnewsresource.com/article92924Las_Vegas_Sands_Reports_Fourth_Quarter_and_Full_Year______Results.html Consolidated Net Revenue Increased 7.4% to $3.08 Billion, Net Income Increased 5.6% to $607 Million Thu, 26 Jan 2017 10:41:42 EST Hoteles City Express Included in the Mexican Stock Exchange Sustainability Index https://www.hotelnewsresource.com/article92920Hoteles_City_Express_Included_in_the_Mexican_Stock_Exchange_Sustainability_Index.html https://www.hotelnewsresource.com/article92920Hoteles_City_Express_Included_in_the_Mexican_Stock_Exchange_Sustainability_Index.html The inclusion in these indexes comes as a result of Hoteles City Express's Sustainability strategy, for which the Company has been recognized with local and international awards and certifications since its inception. Thu, 26 Jan 2017 10:07:41 EST Baird/STR Stock Index Up 7.1Percent for December 2016 https://www.hotelnewsresource.com/article92783U_S__Hotel_Stocks_Up_____Percent_for_December_____.html https://www.hotelnewsresource.com/article92783U_S__Hotel_Stocks_Up_____Percent_for_December_____.html The Baird/STR Hotel Stock Index increased 7.1% from November to December and closed the year up 19.6% at 3,702. Tue, 17 Jan 2017 16:48:09 EST Fibra Inn Announces Monthly Report of Hotel Indicators for December 2016 and Fourth Quarter 2016 https://www.hotelnewsresource.com/article92739Fibra_Inn_Announces_Monthly_Report_of_Hotel_Indicators_for_December______and_Fourth_Quarter_____.html https://www.hotelnewsresource.com/article92739Fibra_Inn_Announces_Monthly_Report_of_Hotel_Indicators_for_December______and_Fourth_Quarter_____.html Occupancy levels increased 1.9 percentage points. It is important to mention that generally, during the months of December and January, there is an expected decrease in occupancy due to the seasonality of the holiday season that results in a lower number of business travelers. However, December occupancy rose compared to December 2015. Fri, 13 Jan 2017 09:45:37 EST Marriott Stock: Is It Too Late to Buy In? - Fox Business https://www.hotelnewsresource.com/article92557Marriott_Stock__Is_It_Too_Late_to_Buy_In____Fox_Business.html https://www.hotelnewsresource.com/article92557Marriott_Stock__Is_It_Too_Late_to_Buy_In____Fox_Business.html The hotel industry is not a high-growth segment of the market with a lot of surprises, particularly not at the top, where companies have thousands of properties and forecast low-single-digit changes in sales. Yet Marriott International(NASDAQ: MAR) shares have grown 25% so far in 2016. Tue, 27 Dec 2016 13:27:52 EST Baird/STR Stock Index Up 11.8 Percent for November 2016 https://www.hotelnewsresource.com/article92419U_S__Hotel_Stocks_Up______Percent_for_November_____.html https://www.hotelnewsresource.com/article92419U_S__Hotel_Stocks_Up______Percent_for_November_____.html The Baird/STR Hotel Stock Index increased 11.8% in November to close the month at 3,474. Year to date, the index has grown 12.3%. Thu, 15 Dec 2016 09:05:30 EST Fibra Inn Announces Reports 19.3 Percent RevPar Increase for November 2016 https://www.hotelnewsresource.com/article92302Fibra_Inn_Announces_Reports______Percent_RevPar_Increase_for_November_____.html https://www.hotelnewsresource.com/article92302Fibra_Inn_Announces_Reports______Percent_RevPar_Increase_for_November_____.html The 19.3% increase in Revenue per Available Room (RevPar excluding the addition of rooms) was the net effect of the 5.8% rate increase and the 7.5 percentage point occupancy level increase that was driven by the strength of the industrial sector in northern Mexico as well as in other central cities such as Guadalajara, Toluca and the hotels in the Bajio region. Fri, 9 Dec 2016 07:18:52 EST Fibra Inn Reports 11.4 Percent Increase in RevPar for October 2016 https://www.hotelnewsresource.com/article91977Fibra_Inn_Reports______Percent_Increase_in_RevPar_for_October_____.html https://www.hotelnewsresource.com/article91977Fibra_Inn_Reports______Percent_Increase_in_RevPar_for_October_____.html The 11.4% increase in Revenue per Available Room (RevPar excluding the addition of rooms) was the net effect of the 4.8% rate increase and the 3.9 percentage point occupancy level increase that was driven by the strength of the industrial sector in northern Mexico as well as in other central cities such as Guadalajara, Toluca and the hotels in the Bajio region. Mon, 14 Nov 2016 10:31:08 EST Baird/STR Stock Index Down 0.8 Percent for October 2016 https://www.hotelnewsresource.com/article91962U_S__Hotel_Stocks_Down_____Percent_for_October_____.html https://www.hotelnewsresource.com/article91962U_S__Hotel_Stocks_Down_____Percent_for_October_____.html The Baird/STR Hotel Stock Index decreased 0.8% in October to close the month at 3,108. Year to date, the index remains up 0.4%. Thu, 10 Nov 2016 18:17:54 EST DiamondRock Hospitality Company Reports Third Quarter 2016 Results https://www.hotelnewsresource.com/article91942DiamondRock_Hospitality_Company_Reports_Third_Quarter______Results.html https://www.hotelnewsresource.com/article91942DiamondRock_Hospitality_Company_Reports_Third_Quarter______Results.html Adjusted EBITDA was $65.6 million, a decrease of $3.7 million or 5.3% from 2015. Adjusted EBITDA for the comparable period of 2015 included $6.8 million of Adjusted EBITDA from the three non-core hotels that were sold in 2016. Wed, 9 Nov 2016 10:29:05 EST Marriott International Reports Third Quarter 2016 Results https://www.hotelnewsresource.com/article91927Marriott_International_Reports_Third_Quarter______Results.html https://www.hotelnewsresource.com/article91927Marriott_International_Reports_Third_Quarter______Results.html On a pro forma basis reflecting the performance for both companies for the three months ended September 30, 2016, North American comparable systemwide constant dollar RevPAR rose 2.6 percent, while worldwide comparable systemwide constant dollar RevPAR rose 2.2 percent Tue, 8 Nov 2016 08:17:50 EST