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Wynn Resorts, Limited Reports First Quarter 2016 Net Income of $75.2 million, Compared to a Net Loss of $44.6 million in Q1 2015

Wynn Resorts, Limited Reports First Quarter 2016 Net Income of $75.2 million, Compared to a Net Loss of $44.6 million in Q1 2015

May 6, 2016

LAS VEGAS--May 5, 2016-- Wynn Resorts, Limited (Nasdaq: WYNN) today reported financial results for the first quarter ended March 31, 2016. Net revenues for...

InterContinental Hotels Group Reports First Quarter 2016 Trading Update

InterContinental Hotels Group Reports First Quarter 2016 Trading Update

May 6, 2016

Highlights Global Q1 comparable RevPAR up 1.5%1 Enhanced global scale: 5k rooms opened, increasing net system 2.7% YoY to 742k rooms Building future...

Ashford Trust Reports First Quarter 2016 Adjusted EBITDA Increased $15.6 million or 18%; RevPAR for All Hotels Increased 2.5% During the Quarter

Ashford Trust Reports First Quarter 2016 Adjusted EBITDA Increased $15.6 million or 18%; RevPAR for All Hotels Increased 2.5% During the Quarter

May 6, 2016

Adjusted EBITDA Increased 18% Adjusted Funds From Operations per Share Increased 20% Announced a Definitive Agreement to Sell a 5-Hotel Portfolio of...

DiamondRock Hospitality Reports First Quarter 2016 Net Income of $16.8 million, Compared to $10.6 million in the Year-Ago Quarter

DiamondRock Hospitality Reports First Quarter 2016 Net Income of $16.8 million, Compared to $10.6 million in the Year-Ago Quarter

May 6, 2016

BETHESDA, Md., May 6, 2016 -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust...

Lismore Developers, Pablo Properties, Took Some Chances to Make Eau Claire’s Largest Hotel Operational Again

Lismore Developers, Pablo Properties, Took Some Chances to Make Eau Claire’s Largest Hotel Operational Again

Julian Emerson | The Leader-Telegram, Eau Claire, Wis. | May 6, 2016

May 05--When Zach Halmstad and other members of Pablo Properties decided to buy and remodel the dilapidated former Ramada Inn Convention Center, they...

Study Says Fredericksburg, VA Needs Better Lodging and Attractions

Study Says Fredericksburg, VA Needs Better Lodging and Attractions

Cathy Jett | The Free Lance-Star, Fredericksburg, Va. | May 6, 2016

May 06--Fredericksburg's greatest asset is its history, but it needs more quality lodging and attractions to encourage visitors to extend their stay....

Taj Hotels Resorts and Palaces Identify the Middle East a Priority Market for Expansion Plans

Taj Hotels Resorts and Palaces Identify the Middle East a Priority Market for Expansion Plans

Rohma Sadaqat | Khaleej Times, Dubai, United Arab Emirates | May 6, 2016

May 06--DUBAI -- Taj Hotels Resorts and Palaces have identified the Middle East as a priority market for the group's expansion plans, with Dubai to soon...

New Landmark Center Development in Fort Walton Beach, FL Ready to Break Ground

New Landmark Center Development in Fort Walton Beach, FL Ready to Break Ground

Kari Barlow | Northwest Florida Daily News, Fort Walton Beach | May 6, 2016

May 05--FORT WALTON BEACH -- Construction crews are scheduled to start laying the foundation of the long-awaited Landmark Center sometime in the next two...

Duke University to Build $62 million West Campus Hotel

Duke University to Build $62 million West Campus Hotel

Alex Dixon | The Herald-Sun, Durham, N.C. | May 6, 2016

May 05--DURHAM -- Duke University will open a 198-room hotel in January, about a half-mile from the Washington Duke Inn and Golf Club. The hotel, named for...

Another Boutique Hotel Planned for Downtown St. Louis

Another Boutique Hotel Planned for Downtown St. Louis

Tim Bryant | St. Louis Post-Dispatch | May 6, 2016

May 06--A developer from Chattanooga, Tenn., is planning a multimillion-dollar renovation of a historic downtown St. Louis building as a boutique hotel. The...

Holiday Inn Pitched for Boulder, Co’s Gateway Better Look Good, Planning Board Warns

Holiday Inn Pitched for Boulder, Co’s Gateway Better Look Good, Planning Board Warns

Alex Burness | Daily Camera, Boulder, Colo. | May 6, 2016

May 06--The Holiday Inn Express that has been pitched for two currently unused acres on the Diagonal Highway better look good, Boulder's Planning Board...

North American Properties Proposing $80 to $90 million Development on North I-Drive in Orlando to Include as Many as 600 Hotel Rooms

North American Properties Proposing $80 to $90 million Development on North I-Drive in Orlando to Include as Many as 600 Hotel Rooms

Kyle Arnold | Orlando Sentinel | May 6, 2016

May 06--As many as 600 hotel rooms, 260 apartments and 130,000 square feet of retail and restaurant space is planned for a 16-acre property on north...

Huntington Hotel Group Proposes 130-room Homewood Suites by Hilton in Sunnyvale, CA

Huntington Hotel Group Proposes 130-room Homewood Suites by Hilton in Sunnyvale, CA

Victoria Kezra | The Cupertino Courier, Calif. | May 6, 2016

May 05--Another hotel could be on the way to Sunnyvale. A four-story Homewood Suites Hilton is proposed on El Camino Real by development company Huntington...

STOPP Organizers Fall at Least 1,514 Signatures Short of Mark Needed to Force Referendum on Downtown Greeley Hotel Project

STOPP Organizers Fall at Least 1,514 Signatures Short of Mark Needed to Force Referendum on Downtown Greeley Hotel Project

Nate A. Miller | Greeley Tribune, Colo. | May 6, 2016

May 05--The effort to force a popular vote on city of Greeley plans to build a downtown hotel and conference center is dead, though opponents of the project...

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