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Hotel Industry News - Financial
Monday July 6th, 2009
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Most Read
Page 1 of 9
The Hongkong and Shanghai Hotels Signs a HK$1.225 Billion Four Year Term Loan...
The Hongkong and Shanghai Hotels, Limited (HSH), a hotel and property company listed on the Hong Kong Stock Exchange (00045), announced t...
2009-06-25
Financial
more...
Red Roof defaults on $361 million commercial loans
Red Roof Inns Inc, the discount hotel chain with nearly 350 properties, became the latest in the downtrodden hospitality industry to defa...
2009-06-24
Financial
more...
Wyndham Worldwide Reiterates Second Quarter and Full Year Guidance
Company to Report Second Quarter 2009 Earnings on July 29, 2009
2009-06-22
Financial
more...
Red Lion Hotels Corporation Set to Join Russell 2000(R) Index
Red Lion Hotels Corporation (NYSE:RLH) today announced that it anticipates being added to the U.S. small-cap Russell 2000(R) Index based ...
2009-06-22
Financial
more...
Lodging Capital Partners Adds Jennifer Collins To Asset Management Group
Lodging Capital Partners, LLC ('LCP') announces Jennifer Collins joins the company as Senior Vice President. Ms. Collins' primary role wi...
2009-06-19
Financial
more...
Accor Shareholders Reinvest Nearly Half of the 2008 Dividend
At their Annual Meeting on May 13, 2009, Accor shareholders set the 2008 dividend at EUR1.65 per share and approved a dividend reinvestme...
2009-06-16
Financial
more...
InnSuites Hospitality Trust (IHT) Reports First Quarter Earnings
Adjusted EBITDA declined by 35.5% from $2.2 million to $1.4 million
2009-06-08
Financial
more...
Vail Resorts Reports Fiscal 2009 Third Quarter Results
Through nine months, Resort Reported EBITDA of $206.5 million decreased $51.3 million, or 19.9%, from the prior year period.
2009-06-04
Financial
more...
Hotels on both sides of the pond count cost of recession
The global recession and weak travel demand means more empty rooms and downward pressure on room rates, both in London and New York.
2009-05-28
Financial
more...
Sunstone Hotel Investors, Inc. Announces Public Offering of 18 Million Common...
The underwriters will be granted a 30-day option to purchase up to an additional 2,700,000 shares of common stock to cover over-allotment...
2009-05-21
Financial
more...
The Hongkong and Shanghai Hotels, Limited 2009 Unaudited First Quarter Operat...
HSH has recorded an overall Hotel RevPar decline of 29% to HK$1,316 compared to the first quarter of 2008.
2009-05-14
Financial
more...
InterContinental Hotels Quarterly Profit Down 56%
InterContinental Hotels reported today that first-quarter net profit fell to $27 million, from $62 million a year ago.
2009-05-12
Financial
more...
Riviera Reports Results for First Quarter 2009
Net revenues for the first quarter of 2009 were $34.7 million, a decrease of $13.3 million, or 28 percent, from $48.0 million for the com...
2009-05-11
Financial
more...
Strategic Hotels & Resorts Reports First Quarter 2009 Results
Quarterly Comparable EBITDA was $22.8 million compared with $55.7 million in the prior year.
2009-05-07
Financial
more...
Red Lion Reports First Quarter 2009 Results
Maintains Margins in Tough Operating Environment
2009-05-07
Financial
more...
Hersha Hospitality Announces First Quarter 2009 Earnings
Consolidated Hotel RevPAR decreased 19.9% - Same Store Consolidated Hotel RevPAR decreased 20.0%
2009-05-07
Financial
more...
MHI Hospitality Corporation Reports Financial Results for First Quarter 2009
Total revenue decreased 0.1 percent over first quarter of 2008
2009-05-06
Financial
more...
Lodgian Reports 2009 First Quarter Results
First quarter 2009 total revenue for continuing operations declined 15.2 percent to $49.2 million, compared to the same 2008 period.
2009-05-06
Financial
more...
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