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 Fibra Inn Reports 11.4 Percent Increase in RevPar for October 2016 http://www.hotelnewsresource.com/article91977Fibra_Inn_Reports______Percent_Increase_in_RevPar_for_October_____.html http://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 http://www.hotelnewsresource.com/article91962U_S__Hotel_Stocks_Down_____Percent_for_October_____.html http://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 http://www.hotelnewsresource.com/article91942DiamondRock_Hospitality_Company_Reports_Third_Quarter______Results.html http://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 http://www.hotelnewsresource.com/article91927Marriott_International_Reports_Third_Quarter______Results.html http://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 MGM Resorts International Reports Third Quarter Financial And Operating Results http://www.hotelnewsresource.com/article91909MGM_Resorts_International_Reports_Third_Quarter_Financial_And_Operating_Results.html http://www.hotelnewsresource.com/article91909MGM_Resorts_International_Reports_Third_Quarter_Financial_And_Operating_Results.html Diluted earnings per share of $0.93 compared to $0.12 in the prior year quarter - Net income attributable to MGM Resorts of $536 million, a 706% increase over the prior year quarter - Domestic resorts Adjusted Property EBITDA up 31% on a same-store basis Mon, 7 Nov 2016 13:57:41 EST Xenia Hotels & Resorts Third Quarter Same-Property RevPAR Down 0.7% http://www.hotelnewsresource.com/article91900Xenia_Hotels___Resorts_Third_Quarter_Same_Property_RevPAR_Down_____.html http://www.hotelnewsresource.com/article91900Xenia_Hotels___Resorts_Third_Quarter_Same_Property_RevPAR_Down_____.html Adjusted EBITDA declined $1.8 million to $72.9 million, a decrease of 2.4% compared to the third quarter of 2015. Mon, 7 Nov 2016 13:16:04 EST Hyatt Reports Third Quarter 2016 Results http://www.hotelnewsresource.com/article91872Hyatt_Reports_Third_Quarter______Results.html http://www.hotelnewsresource.com/article91872Hyatt_Reports_Third_Quarter______Results.html U.S. and Systemwide Comparable RevPAR Increased 3.8% and 2.5%, Respectively Thu, 3 Nov 2016 13:38:01 EST Chatham Lodging Trust Announces Third Quarter 2016 Results http://www.hotelnewsresource.com/article91866Chatham_Lodging_Trust_Announces_Third_Quarter______Results.html http://www.hotelnewsresource.com/article91866Chatham_Lodging_Trust_Announces_Third_Quarter______Results.html Net Income – Declined $0.9 million to $13.4 million. Net income per diluted share was $0.34, in line with the company’s revised guidance range of $0.33-$0.34 per share issued on October 10, 2016. Portfolio Revenue per Available Room (RevPAR) – Declined 2.1 percent, compared to the 2015 third quarter to $143 for Chatham’s 38, wholly owned hotels. Average daily rate (ADR) improved 1.8 percent to $170, and occupancy was down 3.9 percent to 84 percent. Thu, 3 Nov 2016 11:51:17 EST Wynn Resorts, Limited Reports Third Quarter 2016 Results http://www.hotelnewsresource.com/article91865Wynn_Resorts__Limited_Reports_Third_Quarter______Results.html http://www.hotelnewsresource.com/article91865Wynn_Resorts__Limited_Reports_Third_Quarter______Results.html Net revenues were $1.11 billion for the third quarter of 2016, an increase of 11.4%, or $113.5 million, from $996.3 million for the same period of 2015. The increase was the result of $164.6 million from Wynn Palace and an increase of $15.9 million from our Las Vegas Operations, partially offset by a decrease of $67.0 million from Wynn Macau. Thu, 3 Nov 2016 11:44:06 EST RLJ Lodging Trust Third Quarter 2016 Net Income Up 1.1% http://www.hotelnewsresource.com/article91861RLJ_Lodging_Trust_Third_Quarter______Net_Income_Up_____.html http://www.hotelnewsresource.com/article91861RLJ_Lodging_Trust_Third_Quarter______Net_Income_Up_____.html Pro forma RevPAR was flat, Pro forma ADR increased 0.2%, and Pro forma Occupancy decreased 0.2% Thu, 3 Nov 2016 10:44:20 EST Belmond Ltd. Reports Third Quarter 2016 Results http://www.hotelnewsresource.com/article91858Belmond_Ltd__Reports_Third_Quarter______Results.html http://www.hotelnewsresource.com/article91858Belmond_Ltd__Reports_Third_Quarter______Results.html Total revenue of $183.7 million, up $15.3 million or 9% over the prior-year quarter; up $16.9 million or 10% on a constant currency basis Thu, 3 Nov 2016 10:25:31 EST Summit Hotel Properties Reports Third Quarter 2016 Results http://www.hotelnewsresource.com/article91856Summit_Hotel_Properties_Reports_Third_Quarter______Results.html http://www.hotelnewsresource.com/article91856Summit_Hotel_Properties_Reports_Third_Quarter______Results.html Net Income increases to $22.1 million - Common Dividend increase of 22.6 percent - Adjusted FFO increases to $0.37 per share Wed, 2 Nov 2016 17:41:23 EST Chesapeake Lodging Trust Reports Adjusted Hotel EBITDA Margin 60 Basis Point Decrease to 34.6% for Third Quarter http://www.hotelnewsresource.com/article91829Chesapeake_Lodging_Trust_Reports_Adjusted_Hotel_EBITDA_Margin____Basis_Point_Decrease_to_______for_Third_Quarter.html http://www.hotelnewsresource.com/article91829Chesapeake_Lodging_Trust_Reports_Adjusted_Hotel_EBITDA_Margin____Basis_Point_Decrease_to_______for_Third_Quarter.html RevPAR: 0.7% decrease for the hotel portfolio over the same period in 2015. Wed, 2 Nov 2016 10:05:08 EST Ryman Hospitality Properties Third Quarter Net Income Increased 25.9 Percent to $33.6 Million http://www.hotelnewsresource.com/article91811Ryman_Hospitality_Properties_Third_Quarter_Net_Income_Increased______Percent_to_______Million.html http://www.hotelnewsresource.com/article91811Ryman_Hospitality_Properties_Third_Quarter_Net_Income_Increased______Percent_to_______Million.html Total Adjusted EBITDA Increased 16.6 Percent to $83.0 Million – Same-Store RevPAR Increased 8.9 Percent, Same-Store Total RevPAR Increased 7.1 Percent Tue, 1 Nov 2016 12:09:47 EST FelCor Reports Third Quarter 2016 Same-store RevPAR Down 0.7% http://www.hotelnewsresource.com/article91810FelCor_Reports_Third_Quarter______Same_store_RevPAR_Down_____.html http://www.hotelnewsresource.com/article91810FelCor_Reports_Third_Quarter______Same_store_RevPAR_Down_____.html FelCor Lodging Trust Incorporated (NYSE: FCH) today reported results for the third quarter ended September 30, 2016. Tue, 1 Nov 2016 11:45:40 EST Hospitality Money Managers Should Avoid Short-term Trading http://www.hotelnewsresource.com/article91794Hospitality_Money_Managers_Should_Avoid_Short_term_Trading.html http://www.hotelnewsresource.com/article91794Hospitality_Money_Managers_Should_Avoid_Short_term_Trading.html A new study from Cornell University suggests that professional investment managers often engage in short-term stock trading with poor results, which could have serious implications for hospitality firms with billions of dollars in pension funds. Mon, 31 Oct 2016 13:09:51 EST Choice Hotels International Reports A 17% Increase In Q3 2016 Diluted Earnings Per Share http://www.hotelnewsresource.com/article91763Choice_Hotels_International_Reports_A_____Increase_In_Q_______Diluted_Earnings_Per_Share.html http://www.hotelnewsresource.com/article91763Choice_Hotels_International_Reports_A_____Increase_In_Q_______Diluted_Earnings_Per_Share.html Third Quarter Domestic RevPAR Increases 4.5% Thu, 27 Oct 2016 12:06:50 EST Hilton Reports Third Quarter 2016 Results; Spin-Off Transactions on Track for End of Year http://www.hotelnewsresource.com/article91721Hilton_Reports_Third_Quarter______Results__Spin_Off_Transactions_on_Track_for_End_of_Year.html http://www.hotelnewsresource.com/article91721Hilton_Reports_Third_Quarter______Results__Spin_Off_Transactions_on_Track_for_End_of_Year.html System-wide comparable RevPAR increased 1.3 percent for the third quarter on a currency neutral basis from the same period in 2015 - Management and franchise fees for the third quarter increased 7 percent from the same period in 2015 to $470 million Wed, 26 Oct 2016 09:23:57 EST Hersha Hospitality Trust Announces Third Quarter 2016 Results http://www.hotelnewsresource.com/article91720Hersha_Hospitality_Trust_Announces_Third_Quarter______Results.html http://www.hotelnewsresource.com/article91720Hersha_Hospitality_Trust_Announces_Third_Quarter______Results.html Net Income of $3.6 Million, or $0.08 Per Share - Comparable Portfolio RevPAR Growth of 3.4% Wed, 26 Oct 2016 09:15:01 EST Extended Stay America Announces Third Quarter 2016 Results http://www.hotelnewsresource.com/article91699Extended_Stay_America_Announces_Third_Quarter______Results.html http://www.hotelnewsresource.com/article91699Extended_Stay_America_Announces_Third_Quarter______Results.html Comparable Hotel total revenues grew 3.9% to $354.5 million - Comparable Hotel Revenue Per Available Room grew 3.7% to $54.65 Tue, 25 Oct 2016 10:20:31 EST