Today's Hotel Financial News Today's Hotel Financial News from Hotel News Resource en-us Hotel News Resource Small, Yet Impactful, Changes in the 11th Edition of the Uniform System of Accounts for the Lodging Industry - by Ralph Miller and Robert Mandelbaum The 11th Revised Edition of the USALI contains some significant changes that are very obvious to readers. Examples include the addition of a new Undistributed Department (Information and Telecommunications Systems), or the movement of Non-Operating Income out of Total Revenue. Tue, 24 Nov 2015 10:28:18 EST Baird/STR Stock Index Up 10 Percent for October 2015 The Baird/STR Hotel Stock Index for October outpaced the performance of the S&P 500 (+8.3%) and the MSCI REIT (RMZ) (+5.6%). Fri, 20 Nov 2015 12:09:47 EST WoodSpring Hotels Third Quarter 2015 Revenue Increased by 18.4 Percent Comparable corporate hotel room revenue per available room (RevPAR) rose 5.4 percent as compared to third quarter of 2014, including a 7.5 percent average daily rate increase. Wed, 18 Nov 2015 07:55:41 EST The ONE Group Q3 Owned Unit Net Revenues Increased 27.5 Percent Total owned unit net revenues increased 27.5% to $13.3 million in the third quarter of 2015 compared to $10.4 million in the third quarter of 2014. The increase was primarily due to the re-opening of our STK in Miami and the food and beverage services at the W Hotel in West Beverly Hills. Comparable sales from owned STK units increased 0.3% for the quarter. Tue, 17 Nov 2015 07:36:47 EST Fitch Revises Marriott's Outlook to Positive on Starwood Acquisition Fitch Ratings has affirmed Marriott International's (NYSE: MAR) 'BBB' long-term Issuer Default Rating (IDR) and 'F2' short-term IDR and revised the company's Rating Outlook to Positive from Stable. Tue, 17 Nov 2015 07:33:57 EST American Hotel Income Properties REIT Q3 Funds from Operation Increased by 65% EBITDA for the quarter was up 68% to $12.8 million (2014 - $7.6 million) and EBITDA margin for the quarter increased by 1.8% to 31.7% (2014 - 29.9%). Mon, 16 Nov 2015 08:07:13 EST Xenia Hotels & Resorts Reports Third Quarter 2015 Results Same-Property RevPAR, as adjusted by our operators for USALI, increased 4.6% from the third quarter of 2014 to $147.81, as occupancy remained essentially flat and ADR increased 4.6%. Same-Property Hotel EBITDA margin was 31.8%, an increase of 60 basis points from the same period in 2014. Thu, 12 Nov 2015 08:43:57 EST Full House Resorts Q3 Consolidated Net Revenues Increased 4.1% Net Income for the Third Quarter of 2015 Rose to $2.0 Million, or $0.11 per Common Share Wed, 11 Nov 2015 11:38:44 EST China's Homeinns Hotel Group Reports Third Quarter 2015 Revenue Decline Total revenues decreased 1.1% year over year to RMB 1,855.9 million (US$292.0 million) for the third quarter of 2015, within the previously provided guidance range of RMB 1,830 million to RMB 1,860 million. Tue, 10 Nov 2015 10:55:37 EST Fibra Inn Reports 13.2% Growth in Revenue Per Available Room for October 2015 Fibra Inn Announces Monthly Report of Hotel Indicators for October 2015 Mon, 9 Nov 2015 16:12:21 EST Chatham Lodging Trust Announces Third Quarter 2015 Results Increased hotel RevPAR 5.3 percent to $146 for Chatham’s 38, wholly owned hotels, within the company’s guidance range of 5-6 percent. Thu, 5 Nov 2015 12:14:16 EST Belmond Ltd. Reports Third Quarter 2015 Results Total revenue for the third quarter of 2015 was $173.7 million, down $14.1 million or 8% from $187.8 million for the third quarter of 2014 largely due to year-over-year currency depreciation. In constant currency, total revenue for the third quarter of 2015 increased $13.7 million or 8% over the third quarter of 2014. Thu, 5 Nov 2015 12:02:03 EST RLJ Lodging Trust Q3 2015 Pro Forma RevPAR Increased 2.9%, Pro Forma ADR Increased 5.2%, and Pro Forma Occupancy Decreased 2.2% Pro forma RevPAR for the three months ended September 30, 2015, increased 2.9% over the comparable period in 2014, driven by a Pro forma ADR increase of 5.2%, which was offset by a Pro forma Occupancy decrease of 2.2%. Excluding Houston, which experienced softness in the quarter, Pro forma RevPAR growth was 3.9%. Thu, 5 Nov 2015 11:19:44 EST Meliá Hotels International Nine Month 2015 Net Profit Increased by 51 Per Cent to €52.9m 11 per cent RevPar growth across all divisions - Increased EBITDA growth by 28 per cent to €255.2m Wed, 4 Nov 2015 08:29:45 EST Summit Hotel Properties Reports Third Quarter 2015 Pro Forma Hotel EBITDA Up 5.5% Same-store RevPAR in the third quarter of 2015 grew to $100.21, an increase of 4.6 percent over the same period in 2014. Same-store ADR in the third quarter of 2015 grew to $125.93, an increase of 4.0 percent from the same period of 2014. Same-store occupancy increased by 0.6 percent in the third quarter of 2015 to 79.6 percent compared to the same period in 2014. Tue, 3 Nov 2015 17:22:24 EST Hyatt Third Quarter 2015 EBITDA Drops 3.9% Net income attributable to Hyatt was $25 million, or $0.18 per share, during the third quarter of 2015 compared to net income attributable to Hyatt of $32 million, or $0.21 per share, in the third quarter of 2014. Tue, 3 Nov 2015 12:29:02 EST Ryman Hospitality Properties, Inc. Reports Record Third Quarter 2015 Results Third Quarter Net Income of $26.7 Million – Total Adjusted EBITDA Increase of 8.9 Percent to $71.2 Million – Third Quarter FFO of $55.2 Million; Adjusted FFO of $59.4 Million Tue, 3 Nov 2015 12:06:36 EST Chesapeake Lodging Trust Reports Third Quarter 7.2% RevPAR Pro Forma Increase Adjusted Hotel EBITDA Margin: 110 basis point pro forma increase to 35.2% for the hotel portfolio over the same period in 2014. Tue, 3 Nov 2015 11:02:43 EST Marriott International Reports Third Quarter 2015 Results Third quarter diluted EPS totaled $0.78, a 20 percent increase over prior year results - On a constant dollar basis, worldwide comparable systemwide RevPAR rose 4.5 percent in the third quarter Thu, 29 Oct 2015 13:09:18 EST Diamond Resorts International, Inc. Third Quarter 2015 Revenue Increased 13.3% Pre-tax income, excluding non-cash stock based compensation, increased $17.0 million, or 34.2%, to $66.8 million. Thu, 29 Oct 2015 10:52:31 EST