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HNN Newswire
17 May 2013
The Baird/STR Hotel Stock Index reported a 0.4% increase in April to 2,784. Year-to-date 2013, the Baird/STR Hotel Stock Index is up 13.7%.
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By Ed Watkins, Editor-at-Large
14 May 2013
The Chinese economy hotel chain opened 82 hotels in the first quarter, all but eight are managed properties.
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By Shawn A. Turner, Finance Editor
14 May 2013
China’s economic slowdown forced Home Inns & Hotel Management into a state of modest growth, executives said during the company’s first-quarter earnings call.
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By Jason Q. Freed, News Editor-Americas
10 May 2013
The REIT acquired the 142-room Pier House Resort and Caribbean Spa in Key West for $90 million. Meanwhile, dips in government and group demand affected the Washington, D.C., portfolio.
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HNN Newswire
10 May 2013
To date in 2013, Meliá has added seven hotels with 1,776 rooms, and has an additional pipeline accounting for 45 hotels with 13,505 rooms.
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By Alissa Ponchione, Editor
09 May 2013
A noisy quarter in China hasn’t deterred IHG from seeing tremendous prospects in the region, said CFO and Director Thomas D. Singer.
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HNN Newswire
09 May 2013
Pro forma RevPAR for the quarter increased 10.6% over 2012, driven by a pro forma ADR increase of 6.7% and a pro forma occupancy increase of 3.7%.
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By Ed Watkins, Editor-at-Large
08 May 2013
Sunstone Hotel Investors will selectively grow its portfolio while deleveraging its balance sheet, executives said during the company’s Q1 earnings call.
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