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 LaSalle Hotel Properties Reports Adjusted EBITDA Growth of 12.8% for First Quarter 2014 http://www.hotelnewsresource.com/article77534LaSalle_Hotel_Properties_Reports_Adjusted_EBITDA_Growth_of_______for_First_Quarter_____.html http://www.hotelnewsresource.com/article77534LaSalle_Hotel_Properties_Reports_Adjusted_EBITDA_Growth_of_______for_First_Quarter_____.html The Company’s adjusted EBITDA was $44.9 million, an increase of 12.8 percent over the first quarter of 2013. Wed, 23 Apr 2014 19:21:10 EST Chatham Lodging Boosts Dividend 14 Percent http://www.hotelnewsresource.com/article77319Chatham_Lodging_Boosts_Dividend____Percent.html http://www.hotelnewsresource.com/article77319Chatham_Lodging_Boosts_Dividend____Percent.html Chatham’s board has declared a monthly common share dividend of $0.08 for April 2014. The common share dividend is payable May 30, 2014, to shareholders of record on April 30, 2014. Thu, 10 Apr 2014 11:34:28 EST Baird/STR Stock Flat for March 2014 http://www.hotelnewsresource.com/article77300U_S__Hotel_Stocks_Flat_for_March_____.html http://www.hotelnewsresource.com/article77300U_S__Hotel_Stocks_Flat_for_March_____.html The Baird/STR Hotel Stock Index reported a 0.1-percent increase to 3,253 in March. The index ended 2013 at 3,177. Thu, 10 Apr 2014 09:45:53 EST La Quinta IPO Set at $17.00 Per Share http://www.hotelnewsresource.com/article77285La_Quinta_IPO_Set_at________Per_Share.html http://www.hotelnewsresource.com/article77285La_Quinta_IPO_Set_at________Per_Share.html La Quinta Holdings Inc. yesterday announced the pricing of its initial public offering of 38,250,000 shares of its common stock at a price to the public of $17.00 per share. Wed, 9 Apr 2014 08:13:14 EST Carlson Reports Stable Performance in 2013 and Global Growth Within Each Business http://www.hotelnewsresource.com/article77149Carlson_Reports_Stable_Performance_in______and_Global_Growth_Within_Each_Business.html http://www.hotelnewsresource.com/article77149Carlson_Reports_Stable_Performance_in______and_Global_Growth_Within_Each_Business.html Carlson, a global hospitality and travel company, today reported a stable sales performance of $37.1 billion in 2013 and global growth across its businesses, including strong hotel development momentum in the U.S. Wed, 2 Apr 2014 11:16:08 EST Supertel Hospitality Revenue from Continuing Operations For Q4 Declines 6.4 Percent http://www.hotelnewsresource.com/article76939Supertel_Hospitality_Revenue_from_Continuing_Operations_For_Q__Declines_____Percent.html http://www.hotelnewsresource.com/article76939Supertel_Hospitality_Revenue_from_Continuing_Operations_For_Q__Declines_____Percent.html Supertel Hospitality Reports 2013 Fourth Quarter, Full-Year Results Tue, 18 Mar 2014 12:03:08 EST Summit Hotel Properties Reports Strong Revenue Growth for Fourth Quarter and Full Year 2013 http://www.hotelnewsresource.com/article76913Summit_Hotel_Properties_Reports_Strong_Revenue_Growth_for_Fourth_Quarter_and_Full_Year_____.html http://www.hotelnewsresource.com/article76913Summit_Hotel_Properties_Reports_Strong_Revenue_Growth_for_Fourth_Quarter_and_Full_Year_____.html 2013 same-store RevPAR grew to $73.79, an increase of 7.0 percent over the same period in 2012. Same-store ADR grew to $102.03, an increase of 4.9 percent from 2012. Same-store occupancy grew by 140 basis points to 72.3 percent. Mon, 17 Mar 2014 10:10:40 EST Baird/STR Stock Index Up 5.5% for February 2014 http://www.hotelnewsresource.com/article76896U_S__Hotel_Stocks_Up______for_February_____.html http://www.hotelnewsresource.com/article76896U_S__Hotel_Stocks_Up______for_February_____.html The Baird/STR Hotel Stock Index reported a 5.5% increase to 3,249 in February. The index ended 2013 at 3,177. Fri, 14 Mar 2014 09:09:13 EST Vail Resorts Reports Fiscal 2014 Second Quarter EBITDA Up 6.0% http://www.hotelnewsresource.com/article76881Vail_Resorts_Reports_Fiscal______Second_Quarter_EBITDA_Up_____.html http://www.hotelnewsresource.com/article76881Vail_Resorts_Reports_Fiscal______Second_Quarter_EBITDA_Up_____.html Net income attributable to Vail Resorts, Inc. was $59.3 million for the second quarter of fiscal 2014, representing a 2.1% decrease compared to the same period in the prior year. Thu, 13 Mar 2014 11:06:46 EST Home Inns Group Full Year 2013 Total Revenues Up 10.1% http://www.hotelnewsresource.com/article76879Home_Inns_Group_Full_Year______Total_Revenues_Up______.html http://www.hotelnewsresource.com/article76879Home_Inns_Group_Full_Year______Total_Revenues_Up______.html Total revenues increased 9.8% to RMB 1.61 billion (US$265.9 million) for the fourth quarter of 2013 and increased 10.1% to RMB 6.35 billion (US$1.05 billion) for the full year of 2013, which was within the guidance range. Thu, 13 Mar 2014 11:02:33 EST Fibra Inn Grows 29.8% in Terms of Number of Rooms During 2013 http://www.hotelnewsresource.com/article76661Fibra_Inn_Grows_______in_Terms_of_Number_of_Rooms_During_____.html http://www.hotelnewsresource.com/article76661Fibra_Inn_Grows_______in_Terms_of_Number_of_Rooms_During_____.html Mexican real estate investment trust reports first year operating numbers Mon, 3 Mar 2014 07:55:42 EST Orient-Express Hotels Ltd. Fourth Quarter 2013 Total Revenue Up 9% http://www.hotelnewsresource.com/article76650Orient_Express_Hotels_Ltd__Fourth_Quarter______Total_Revenue_Up___.html http://www.hotelnewsresource.com/article76650Orient_Express_Hotels_Ltd__Fourth_Quarter______Total_Revenue_Up___.html Total revenue was $138.0 million in the fourth quarter of 2013, an increase of $11.5 million or 9% from $126.5 million in the fourth quarter of 2012. Total hotels revenue for the fourth quarter was $113.3 million, an increase of $7.9 million or 7% from $105.4 million in the fourth quarter of 2012 due largely to 9% growth in US dollar same store owned hotels RevPAR. Total trains & cruises revenue in the fourth quarter was $24.7 million, up $3.6 million or 17% from $21.1 million in the fourth quarter of 2012. Mon, 3 Mar 2014 07:15:57 EST Hilton Worldwide Reports Fourth Quarter and Full Year 2013 Results http://www.hotelnewsresource.com/article76640Hilton_Worldwide_Reports_Fourth_Quarter_and_Full_Year______Results.html http://www.hotelnewsresource.com/article76640Hilton_Worldwide_Reports_Fourth_Quarter_and_Full_Year______Results.html System-wide comparable RevPAR increased 4.7 percent and 5.2 percent for the fourth quarter and full year 2013, respectively, on a currency neutral basis. Thu, 27 Feb 2014 11:58:40 EST RLJ Lodging Trust Reports Fourth Quarter and Full Year 2013 Results http://www.hotelnewsresource.com/article76638RLJ_Lodging_Trust_Reports_Fourth_Quarter_and_Full_Year______Results.html http://www.hotelnewsresource.com/article76638RLJ_Lodging_Trust_Reports_Fourth_Quarter_and_Full_Year______Results.html Pro forma RevPAR increased 7.2%, Pro forma ADR increased 4.4% and Pro forma Occupancy increased 2.6% Thu, 27 Feb 2014 11:50:17 EST Red Lion Hotels Reports Fourth Quarter and Full Year 2013 Results http://www.hotelnewsresource.com/article76637Red_Lion_Hotels_Reports_Fourth_Quarter_and_Full_Year______Results.html http://www.hotelnewsresource.com/article76637Red_Lion_Hotels_Reports_Fourth_Quarter_and_Full_Year______Results.html Increased fourth quarter RevPAR for comparable owned and leased hotels by 2.8 percent compared to the prior year - Increased full year RevPAR for comparable owned and leased hotels by 3.1 percent driven by a 3.9 percent increase in ADR Thu, 27 Feb 2014 11:47:25 EST Strategic Hotels & Resorts Full Year 2013 Revenues Up 13.9 Percent http://www.hotelnewsresource.com/article76609Strategic_Hotels___Resorts_Full_Year______Revenues_Up______Percent.html http://www.hotelnewsresource.com/article76609Strategic_Hotels___Resorts_Full_Year______Revenues_Up______Percent.html Total North American portfolio RevPAR increased 9.6 percent in the fourth quarter of 2013, driven by a 6.1 percent increase in ADR and a 2.2 percentage point increase in occupancy compared to the fourth quarter of 2012. Total RevPAR increased 14.9 percent between periods. Excluding payments received pursuant to the JW Marriott Essex House NOI guarantee, Total RevPAR increased 10.6 percent in the fourth quarter of 2013 as compared to the fourth quarter of 2012. Wed, 26 Feb 2014 13:24:34 EST DiamondRock Hospitality Reports Full Year 2013 RevPAR Increase of 1.4% http://www.hotelnewsresource.com/article76608DiamondRock_Hospitality_Reports_Full_Year______RevPAR_Increase_of_____.html http://www.hotelnewsresource.com/article76608DiamondRock_Hospitality_Reports_Full_Year______RevPAR_Increase_of_____.html Hotel Adjusted EBITDA margin was 25.80%, a decrease of 143 basis points from 2012. Excluding the New York City hotels under renovation during 2013, the Company's Hotel Adjusted EBITDA margin increased 45 basis points from 2012. Wed, 26 Feb 2014 13:19:41 EST Extended Stay America Fourth Quarter Revenue Up 7.3% http://www.hotelnewsresource.com/article76606Extended_Stay_America_Fourth_Quarter_Revenue_Up_____.html http://www.hotelnewsresource.com/article76606Extended_Stay_America_Fourth_Quarter_Revenue_Up_____.html RevPAR grew 5.7% to $37.82 - Net loss of $15.4 million compared to a net loss of $33.0 million Wed, 26 Feb 2014 12:03:41 EST Hersha Hospitality Trust Reports Full-Year 2013 Hotel EBITDA Growth of 6.7% http://www.hotelnewsresource.com/article76603Hersha_Hospitality_Trust_Reports_Full_Year______Hotel_EBITDA_Growth_of_____.html http://www.hotelnewsresource.com/article76603Hersha_Hospitality_Trust_Reports_Full_Year______Hotel_EBITDA_Growth_of_____.html Full-Year 2013 Average Daily Rate of $179.70 - - Full-Year 2013 Occupancy of 79.7% - - Completes the Sale of 16 Properties within Non-Core Portfolio - - Increases Presence on West Coast and Miami Beach Wed, 26 Feb 2014 11:54:08 EST Hoteles City (BMV: HCITY) Reports Fourth Quarter 2013 17.1% Growth in Revenues http://www.hotelnewsresource.com/article76528Hoteles_City__BMV__HCITY__Reports_Fourth_Quarter____________Growth_in_Revenues.html http://www.hotelnewsresource.com/article76528Hoteles_City__BMV__HCITY__Reports_Fourth_Quarter____________Growth_in_Revenues.html 45.0% Increase in Adjusted EBITDA and 154.7% Higher Net Income when Compared to Fourth Quarter 2012 Mon, 24 Feb 2014 07:27:49 EST