By now, I hope you’ve had time to click around on our hot-off-the-digital-press redesign of HotelNewsNow.com. The crisp new user interface, bolder art elements and other fresh additions will, we believe, lead to even more enjoyable—and perhaps most importantly, informative—time spent on our site by you, our readers.
One of the pages I am particularly happy to see added is our Hotel Stock Report page, where you’ll find links to the Baird/STR Stock Index that measures the performance of publicly held United States hotel companies, a listing of those companies and previous financial articles run on our site, and the new Hotel Earnings Tracker.
This earnings tracker, I believe, will be of great use to hotel executives. It captures the earnings performance of publicly traded hotel companies as the results are made and summarizes this reporting in an easy-to-digest table format. Included you will find net income, revenue, and operating metrics of average daily rate, revenue per available room, and occupancy where reported along with the anticipated earnings release date and forward-looking guidance of these companies. This information will be updated by me each Friday during earnings season—or when new information is released—so I encourage you to check back frequently for the latest numbers.
From my previous life working in investor relations, I know just how vital it is to keep track of the competition’s results. And I also know that having all these results in one place is a helpful resource. It’s our hope that having all these numbers compiled together will aid you as you set your company’s financial strategy.
My plan is to add prior quarter numbers too, so hoteliers will be better able to track how operating performance changes over time. That said, I would like to know what other data you would like to see included. Earnings before interest, taxes, depreciation and amortization, funds from operations (for real estate investment trusts), selling, general and administrative expense? Please e-mail me at shawn@hotelnewsnow.com or send me a note via twitter @shawn_turner1 and let me know what numbers are most important to you.
Meanwhile, I sincerely hope you enjoy perusing the Hotel Stock Report page and the rest of the site. As our editorial maestro Jeff Higley said in his blog Tuesday, the Web is ever-evolving so please do feel free to let us know how we can continue to improve our site for you.
