Hotel Finance Resource

Choice Hotels Reports Third Quarter 2009 Adjusted Diluted EPS of $0.56, Domestic Unit Growth of 4.9%

Mon, 9 Nov 2009 12:26:45 EST

Domestic unit and room growth increased 4.9 percent and 4.8 percent, respectively, from September 30, 2008.

Hyatt Hotels Corporation Announces Exercise of Option to Purchase Additional Shares

Mon, 9 Nov 2009 11:27:45 EST

Hyatt Hotels Corporation (NYSE: H) announced that in connection with the Company's initial public offering the underwriters have exercised in full their option to purchase 5,700,000 shares of Class A common stock from the Company at the initial public offering price of $25.00 per share.

Red Lion Reports Third Quarter 2009 Results

Thu, 5 Nov 2009 12:22:30 EST

Red Lion's total revenue during the third quarter of 2009 was $50.5 million, compared to $56.9 million for the prior-year period.

Lodgian Reports 2009 Third Quarter Results

Thu, 5 Nov 2009 12:16:09 EST

Third quarter 2009 total revenue for continuing operations declined 17.6 percent to $50.6 million, compared to the same period in 2008.

Hersha Hospitality Announces Third Quarter 2009 Results

Thu, 5 Nov 2009 11:21:20 EST

Consolidated Hotel RevPAR decreased 14.8%

Hyatt Hotels Corporation Celebrates IPO, First Day of Trading on NYSE

Thu, 5 Nov 2009 11:11:57 EST

Second Largest IPO to List on the NYSE in 2009

Hyatt Hotels Corporation Prices Initial Public Offering

Thu, 5 Nov 2009 10:10:21 EST

Hyatt Hotels Corporation announced today the pricing of its initial public offering of 38,000,000 shares of Class A common stock at a price of $25.00 per share.

Orient-Express Hotels Reports Third Quarter 2009 Results

Wed, 4 Nov 2009 13:15:57 EST

Same store RevPAR down 20% in local currency, 26% in US dollars

Interstate Hotels & Resorts Reports Third-Quarter 2009 Results

Wed, 4 Nov 2009 13:09:59 EST

Same-store(4) RevPAR for all managed hotels in the third quarter of 2009 decreased 20.8 percent to $78.97. Average daily rate (ADR) declined 15.1 percent to $115.29, and occupancy was off 6.7 percent to 68.5 percent.

FelCor Reports Third Quarter Results - Continues to Accomplish 2009 Goals

Wed, 4 Nov 2009 12:30:35 EST

Revenue per available room for our 85 consolidated hotels decreased by 17.8 percent to $80.39

Wyndham Worldwide Reports Third Quarter 2009 Results

Wed, 28 Oct 2009 11:10:43 EST

Increases 2009 Adjusted EBITDA Guidance Completes Renewal of Vacation Ownership Receivables Conduit Facility

Morgans Hotel Group Reports Third Quarter 2009 Results

Tue, 27 Oct 2009 09:13:54 EST

RevPAR at System-Wide Comparable Hotels decreased by 32.2% (30.6% in constant dollars) in the third quarter of 2009 compared to the third quarter of 2008. Occupancy declined by 8.9% and average daily rate declined by 25.5% (23.8% in constant dollars) compared to the same period in the prior year.

Wynn Resorts, Limited Reports Third Quarter Results

Tue, 27 Oct 2009 09:09:05 EST

Net revenues for the third quarter of 2009 were $773.1 million, compared to $769.2 million in the third quarter of 2008.

Starwood Hotels 3Q profit declines 64 percent

Thu, 22 Oct 2009 09:40:49 EST

Starwood Hotels 3rd-quarter profit drops as travel continues slump; room rates low

Morgans Hotel Group (Nasdaq: MHGC) Receives $75 Million Investment from Yucaipa to Fuel Future Growth

Thu, 15 Oct 2009 12:32:08 EST

Announces Appointment of Marc Gordon as President

Host Hotels & Resorts, Inc. Reports Results of Operations for the Third Quarter of 2009

Wed, 14 Oct 2009 15:09:58 EST

Total revenue decreased $227 million, or 19.9%, to $912 million for the third quarter and $719 million, or 20.2%, to $2,839 million for year-to-date 2009 as compared to last year.

Wyndham Worldwide Completes $350 Million Term Securitizations

Thu, 8 Oct 2009 12:39:12 EST

Wyndham Worldwide Corporation (NYSE:WYN) today announced that it has completed two term securitization transactions involving the issuance of $350 million of investment-grade asset-backed notes:

Marriott International Reports Third Quarter Results

Thu, 8 Oct 2009 12:35:11 EST

Marriott International, Inc. (NYSE:MAR) today reported third quarter 2009 adjusted income from continuing operations attributable to Marriott of $53 million, a 57 percent decline over the year-ago quarter.

Wynn Macau Prices Hong Kong IPO at the Top of the Range

Thu, 1 Oct 2009 13:56:21 EST

Wynn Resorts, Limited (NASDAQ: WYNN) announced today that Wynn Macau, Limited, a newly formed and indirect wholly owned subsidiary of Wynn Resorts, Limited and a developer, owner and operator of destination casino gaming and entertainment resort facilities focused exclusively on Macau, has determined the price for its proposed offering of 1,250,000,000 ordinary shares of Wynn Macau, Limited.

Vail Resorts Reports Fiscal 2009 Results and 2010 Outlook

Thu, 24 Sep 2009 11:32:17 EST

Resort Reported EBITDA, which includes the Company's Mountain and Lodging segments, of $171.1 million in Fiscal 2009 decreased $59.6 million, or 25.8%, from the prior year.