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 American Hotel Income Properties REIT LP Reports Q2 56 Percent Total Revenues Increase https://www.hotelnewsresource.com/article95896American_Hotel_Income_Properties_REIT_LP_Reports_Q_____Percent_Total_Revenues_Increase.html https://www.hotelnewsresource.com/article95896American_Hotel_Income_Properties_REIT_LP_Reports_Q_____Percent_Total_Revenues_Increase.html Total revenues for the quarter increased by 56.0% to $69.5 million compared to $44.5 million for the same quarter last year as a result of the acquisition of new hotels between reporting periods. Mon, 14 Aug 2017 15:23:25 EST Fibra Inn 3.4% RevPar Increase for July 2017 https://www.hotelnewsresource.com/article95872Fibra_Inn______RevPar_Increase_for_July_____.html https://www.hotelnewsresource.com/article95872Fibra_Inn______RevPar_Increase_for_July_____.html Fibra Inn Announces Hotel Indicators for July 2017 Fri, 11 Aug 2017 12:28:18 EST FelCor Reports Second Quarter 2017 Earnings https://www.hotelnewsresource.com/article95852FelCor_Reports_Second_Quarter______Earnings.html https://www.hotelnewsresource.com/article95852FelCor_Reports_Second_Quarter______Earnings.html Same-store RevPAR was $161.98 compared to $163.62 for the same period in 2016. Net loss attributable to FelCor common stockholders was $8.0 million, or $0.06 per share, versus net income of $7.1 million, or $0.05 per share, for the same period in 2016. Thu, 10 Aug 2017 11:53:28 EST Baird/STR Stock Index Up 2.1 Percent for July 2017 https://www.hotelnewsresource.com/article95824U_S__Hotel_Stocks_Up_____Percent_for_July_____.html https://www.hotelnewsresource.com/article95824U_S__Hotel_Stocks_Up_____Percent_for_July_____.html The Baird/STR Hotel Stock Index increased 2.1% in July, closing the month at 4,177. Year to date through July, the index was up 12.8%. Wed, 9 Aug 2017 10:56:31 EST Xenia Hotels & Resorts Reports Second Quarter 2017 Results https://www.hotelnewsresource.com/article95820Xenia_Hotels___Resorts_Reports_Second_Quarter______Results.html https://www.hotelnewsresource.com/article95820Xenia_Hotels___Resorts_Reports_Second_Quarter______Results.html Same-Property RevPAR decreased 1.4% compared to the second quarter of 2016 to $166.18, as occupancy decreased 120 basis points and ADR increased 0.1%. Excluding the Company's Houston-area hotels, Same-Property RevPAR increased 0.3%, as occupancy declined 4 basis points and ADR increased 0.4%. Wed, 9 Aug 2017 10:25:25 EST DiamondRock Hospitality Company Reports Second Quarter 2017 Results https://www.hotelnewsresource.com/article95818DiamondRock_Hospitality_Company_Reports_Second_Quarter______Results.html https://www.hotelnewsresource.com/article95818DiamondRock_Hospitality_Company_Reports_Second_Quarter______Results.html RevPAR was $203.21, a 2.0% increase from the comparable period of 2016 Wed, 9 Aug 2017 10:16:25 EST Marriott International Reports Second Quarter 2017 Results https://www.hotelnewsresource.com/article95807Marriott_International_Reports_Second_Quarter______Results.html https://www.hotelnewsresource.com/article95807Marriott_International_Reports_Second_Quarter______Results.html Worldwide comparable systemwide constant dollar RevPAR rose 2.2 percent in the 2017 second quarter, while North American comparable systemwide constant dollar RevPAR rose 0.9 percent Tue, 8 Aug 2017 10:25:27 EST Apple Hospitality REIT Q2 2017 Total Revenues Up 28.7 Percent https://www.hotelnewsresource.com/article95804Apple_Hospitality_REIT_Q_______Total_Revenues_Up______Percent.html https://www.hotelnewsresource.com/article95804Apple_Hospitality_REIT_Q_______Total_Revenues_Up______Percent.html Apple Hospitality REIT Reports Results of Operations for Second Quarter 2017 Tue, 8 Aug 2017 10:10:27 EST Belmond Ltd. Reports Second Quarter 2017 Results https://www.hotelnewsresource.com/article95801Belmond_Ltd__Reports_Second_Quarter______Results.html https://www.hotelnewsresource.com/article95801Belmond_Ltd__Reports_Second_Quarter______Results.html Revenue of $165.9 million, up $11.4 million or 7% over the prior-year quarter; up $13.1 million or 9% on a constant currency basis Tue, 8 Aug 2017 09:57:57 EST IHG Reports Global Comparable H1 2017 RevPAR Growth of 2.1% https://www.hotelnewsresource.com/article95800IHG_Reports_Global_Comparable_H_______RevPAR_Growth_of_____.html https://www.hotelnewsresource.com/article95800IHG_Reports_Global_Comparable_H_______RevPAR_Growth_of_____.html 3.7% net room growth year on year, with 23k room openings, up 31% year on year, which includes 3.5k rooms in Makkah, Saudi Arabia, signed in 2015. Tue, 8 Aug 2017 09:55:22 EST RLJ Lodging Trust Second Quarter 2017 Net Income Down 27.7% https://www.hotelnewsresource.com/article95755RLJ_Lodging_Trust_Second_Quarter______Net_Income_Down______.html https://www.hotelnewsresource.com/article95755RLJ_Lodging_Trust_Second_Quarter______Net_Income_Down______.html Pro forma RevPAR decreased 3.4%, Pro forma Occupancy decreased 2.1%, and Pro forma ADR decreased 1.2% Fri, 4 Aug 2017 09:15:11 EST Wyndham Worldwide Reports Second Quarter 2017 Revenue Increase of 5 Percent https://www.hotelnewsresource.com/article95741Wyndham_Worldwide_Reports_Second_Quarter______Revenue_Increase_of___Percent.html https://www.hotelnewsresource.com/article95741Wyndham_Worldwide_Reports_Second_Quarter______Revenue_Increase_of___Percent.html Revenues were $345 million in the second quarter of 2017, compared with $334 million in the second quarter of 2016. EBITDA was $106 million in the second quarter compared with $101 million in the prior year quarter, growing 6% on a currency-neutral basis. Results reflect higher franchise fees and growth in the Wyndham Rewards credit card program. Thu, 3 Aug 2017 15:18:21 EST Summit Hotel Properties Second Quarter 2017 Revenues Up 1.5 Percent https://www.hotelnewsresource.com/article95737Summit_Hotel_Properties_Second_Quarter______Revenues_Up_____Percent.html https://www.hotelnewsresource.com/article95737Summit_Hotel_Properties_Second_Quarter______Revenues_Up_____Percent.html Summit Hotel Properties Reports Second Quarter 2017 Results Thu, 3 Aug 2017 11:09:37 EST Hyatt Reports Second Quarter 2017 Results https://www.hotelnewsresource.com/article95732Hyatt_Reports_Second_Quarter______Results.html https://www.hotelnewsresource.com/article95732Hyatt_Reports_Second_Quarter______Results.html Comparable U.S. and Systemwide RevPAR Increased 1.4% and 2.9%, Respectively - Raises Full-Year Outlook for RevPAR and Adjusted EBITDA Thu, 3 Aug 2017 09:34:52 EST Park Hotels & Resorts Inc. Reports Second Quarter 2017 Results https://www.hotelnewsresource.com/article95730Park_Hotels___Resorts_Inc__Reports_Second_Quarter______Results.html https://www.hotelnewsresource.com/article95730Park_Hotels___Resorts_Inc__Reports_Second_Quarter______Results.html Comparable RevPAR was $170.35, a decrease of 0.2% on a Pro-forma basis from the same period in 2016; without San Francisco hotels, Comparable RevPAR increased 1.7% Thu, 3 Aug 2017 09:08:55 EST Choice Hotels International Reports A 16-Percent Increase In Second Quarter Diluted Earnings Per Share https://www.hotelnewsresource.com/article95721Choice_Hotels_International_Reports_A____Percent_Increase_In_Second_Quarter_Diluted_Earnings_Per_Share.html https://www.hotelnewsresource.com/article95721Choice_Hotels_International_Reports_A____Percent_Increase_In_Second_Quarter_Diluted_Earnings_Per_Share.html Choice Hotels International, Inc. (NYSE: CHH) today reported its results for the three months ended June 30, 2017. Net income for the 2017 second quarter was $45.0 million, or $0.79 per diluted share, compared to $38.8 million, or $0.68 per diluted share for the 2016 second quarter, representing a 16-percent increase. Wed, 2 Aug 2017 11:24:01 EST Outsourcing Your Accounting and Why This is a Stupid Idea - By David Lund https://www.hotelnewsresource.com/article95712Outsourcing_Your_Accounting_and_Why_This_is_a_Stupid_Idea___By_David_Lund.html https://www.hotelnewsresource.com/article95712Outsourcing_Your_Accounting_and_Why_This_is_a_Stupid_Idea___By_David_Lund.html Outsourcing your hotel accounting is an unintelligent move, that is my opinion and I am going to make my case right here. When I refer to outsourcing, I am talking about a third party provider, not a centralized function. Wed, 2 Aug 2017 10:32:54 EST Chesapeake Lodging Trust Reports 3.7 Percent RevPAR Decrease for Second Quarter https://www.hotelnewsresource.com/article95709Chesapeake_Lodging_Trust_Reports_____Percent_RevPAR_Decrease_for_Second_Quarter.html https://www.hotelnewsresource.com/article95709Chesapeake_Lodging_Trust_Reports_____Percent_RevPAR_Decrease_for_Second_Quarter.html RevPAR: 3.7% decrease for the 22-hotel portfolio and 0.2% increase for the 15-hotel portfolio over the same period in 2016. Wed, 2 Aug 2017 10:22:43 EST Chatham Lodging Trust Announces Second Quarter 2017 Results https://www.hotelnewsresource.com/article95705Chatham_Lodging_Trust_Announces_Second_Quarter______Results.html https://www.hotelnewsresource.com/article95705Chatham_Lodging_Trust_Announces_Second_Quarter______Results.html Results at Upper End of Guidance, Recycling Capital, Joint Ventures Re-financed Wed, 2 Aug 2017 10:01:33 EST Extended Stay America Reports Second Quarter 2017 Results https://www.hotelnewsresource.com/article95675Extended_Stay_America_Reports_Second_Quarter______Results.html https://www.hotelnewsresource.com/article95675Extended_Stay_America_Reports_Second_Quarter______Results.html Adjusted EBITDA grows 5.0% to $172.8 million - Hotel Operating Margin expands by 90 basis points to 56.7% Tue, 1 Aug 2017 08:47:54 EST