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Tag : q1 2017 financial results

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FelCor Reports Q1 2017 Net Loss of $42.2 Million Compared to $11.2 Million for the Same Period in 2016; RevPAR Down 1.3% for Quarter

May 9, 2017

Morgans and Royalton to be sold in third quarter In April 2017, entered into a definitive merger agreement with RLJ Lodging Trust (RLJ) IRVING, Texas--FelCor...

Chatham Lodging Trust Reports Net Income Increase of $1.3 Million to $4.6 Million Driven by 1.2% Increase in RevPAR and Higher Margins

May 9, 2017

WEST PALM BEACH, Fla.--Chatham Lodging Trust (NYSE: CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and...

RLJ Lodging Trust Sees Net Income Decrease to $21.8 Million in Q1 2017; RevPAR and Occupancy Decreased Slightly for Quarter

May 9, 2017

BETHESDA, Md.---RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three months ended March 31, 2017.  Highlights...

Marriott International Reports Q1 2017 Net Income of $365 Million, a 67% Increase Over 2016; RevPAR Rose 3.1% for the Quarter

May 9, 2017

Highlights First quarter reported diluted EPS totaled $0.94, an 11 percent increase over prior year results. First quarter adjusted diluted EPS totaled...

DiamondRock Hospitality Reports Q1 2017 Net Income of $8.9 Million, Comparable RevPAR was $161.89, a 1.9% Increase

May 5, 2017

BETHESDA, Md., May 5, 2017-- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a...

Ashford Trust Reports Q1 2017 Net Loss of $33.2 Million; Comparable RevPAR Increased 3.4% During the Quarter

May 5, 2017

DALLAS, May 4, 2017  -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today reported financial...

IHG Reports Q1 2017 Global Comparable RevPAR Increased 2.7%; Enhanced Global Scale 3.4% by Opening 7K Rooms

May 5, 2017

Global Q1 comparable RevPAR1 up 2.7%   Enhanced global scale: 7k rooms opened, increasing net system size 3.4% YoY to 767k rooms   Building...

Summit Hotel Properties Reports Q1 2017 Net Income of $28.9 Million Compared to $44.3 Million in Q1 2016

May 4, 2017

Net Income of $28.9 million Adjusted FFO climbs 6.7 percent to $30.2 million, $0.32 per share Common Dividend increase of 4.6 percent AUSTIN, Texas, May 3,...

Ashford Prime Reports Reports First Quarter 2017 Net Loss of $1.7 Million; Comparable RevPAR for all Hotels Increased 2.5%

May 4, 2017

Adjusted Funds From Operations Per Share Increased 18% Comparable RevPAR for all Hotels Not Under Renovation Increased 5.8% Comparable Hotel EBITDA Margin...

Hyatt Hotels Reports Q1 2017 Net Income Increased 104.8% to $70 Million; Comparable Systemwide RevPAR Increased 4.7%

May 4, 2017

CHICAGO (May 4, 2017) - Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported first quarter 2017 financial results....

Choice Hotels Reports Q1 2017 Net Income of $28.7 Million Compared to $21.2 Million Q1 2016

May 4, 2017

ROCKVILLE, Md. , May 4, 2017 --  Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest hotel companies, today reported...

Park Hotels & Resorts Reports Q1 2017 Net Income of $2.4 Million; Comparable RevPAR Increased 1.4%

May 4, 2017

MCLEAN, Va.--Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the first quarter ended...

Sunstone Hotel Investors Reports a Q1 2017 Net Income Increase of 5,148.9% to $63.8 Million Due to Gain on Sale of Fairmont Newport Beach

May 3, 2017

ALISO VIEJO, Calif., May 2, 2017 -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced...

Caesars Entertainment Reports Q1 2017 Net Revenues Increased 1.4% YOY to $963 Million and a Net Loss of $524 Million Compared to $274 Million Q1 2016

May 3, 2017

LAS VEGAS, May 2, 2017 -- Caesars Entertainment Corporation (NASDAQ: CZR) today reported first quarter of 2017 results as summarized in the discussion...

Ryman Hospitality Properties Reports Q1 2017 Net Income Increased 23.8% to $32.6 Million Compared to Q1 2016

May 2, 2017

- RevPAR Increased 7.6%, Total RevPAR Increased 5.0% Compared to First Quarter 2016 - - Net Income Increased 23.8% to $32.6 Million Compared to First Quarter...

Hilton Worldwide Completes its First Quarter as a Fee Driven Company Reporting Q1 2017 Net Income of $75 Million; System-Wide Comparable RevPAR Grew 3.0 Percent

May 2, 2017

MCLEAN, Va. - Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its first quarter 2017 results. The...

Host Hotels & Resorts Reports Q1 2017 Net Income of $161 Million, a Decrease of $23 Million Compared to Q1 2016

May 1, 2017

BETHESDA, Md., April 28, 2017-- Host Hotels & Resorts, Inc. (NYSE:HST) (“Host Hotels” or the “Company”), the nation’s...

Extended Stay America Reports Q1 2017 Net Income of $16.1 Million, an increase of 8.9%; Revenue Per Available Room Grew 2.1% to $45.76

April 27, 2017

CHARLOTTE, N.C.--(BUSINESS WIRE)--Extended Stay America, Inc. (NYSE:STAY) (the “Company”) today announced consolidated results for the quarter...

MGM Resorts International Reports Q1 2017 Net Revenues Increase of 29% to $2.1 Billion at the Company’s Domestic Resorts; Las Vegas Strip Resorts Grew RevPAR by 8.6%

April 27, 2017

LAS VEGAS, April 27, 2017  -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results...

Las Vegas Sands Reports Q1 2017 Consolidated Net Revenue Increase of 14.3% to $3.11 Billion; Net Income Increased 41.3% to $578 Million

April 27, 2017

LAS VEGAS, April 26, 2017 For the Quarter Ended March 31, 2017 (Compared to the Quarter Ended March 31, 2016) - Consolidated Net Revenue...

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