GlobeNewswire - Industry News on Hotels

Extended Stay America Announces Fourth Quarter and Full Year 2020 Results

Thu, 25 Feb 2021 21:25 GMT

-? Net income of $65.7 million in the Fourth Quarter, $96.3 million for the Full Year 2020
-??Adjusted EBITDA¹ of $89.3 million in the Fourth Quarter, $374.1 million for the Full Year 2020
-??Comparable system-wide RevPAR decrease of 9.4% in the Fourth Quarter, -15.0% for the Full Year 2020
-??Announces quarterly distribution of $0.09 per Paired Share
-??RevPAR Index increased 40% to 140 in the Fourth Quarter, +31.6% to 127 for the Full Year 2020²

Extended Stay America launches new Premier Suites brand

Thu, 25 Feb 2021 21:15 GMT

Extended Stay America Premier Suites to launch with more than 30 properties.

Extended Stay America Premier Suites to launch with more than 30 properties.

Les H?tels Baverez : Index Egalité Professionnelle 2020

Thu, 25 Feb 2021 19:17 GMT

Studio City International Holdings Limited Announces Unaudited Fourth Quarter 2020 Earnings

Thu, 25 Feb 2021 13:10 GMT

MACAU, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE: MSC) (“Studio City” or the “Company”), a world-class integrated resort located in Cotai, Macau, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2020.

Monarch Casino & Resort Reports Fourth Quarter 2020 Net Revenue of $58.4 Million, Net Income of $15.3 Million and Adjusted EBITDA of $13.9 Million

Wed, 24 Feb 2021 21:03 GMT

RENO, Nev., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported operating results for the fourth quarter and full year ended December 31, 2020, as summarized below:

Extended Stay America Expands Footprint in Oklahoma

Wed, 24 Feb 2021 13:00 GMT

CHARLOTTE, N.C., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (NASDAQ:STAY), the largest mid-priced extended-stay hotel brand, announced today the addition of three properties in Oklahoma through franchise conversions. The properties are all owned by Dallas-based Provident Realty Advisors, Inc. and will be operated by Plano, Texas-based Aimbridge Hospitality, the leading, global, third-party hotel management company.

Host Hotels & Resorts, Inc. Reports Results for 2020

Thu, 18 Feb 2021 21:30 GMT

BETHESDA, Md., Feb. 18, 2021 (GLOBE NEWSWIRE) -- Host Hotels?& Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust (“REIT”), today announced results for the fourth quarter and full year 2020.

The Grand Hotel Savoia, A Radisson Collection Hotel and Radisson Residences Savoia Palace open their doors in the heart of the Dolomites

Thu, 18 Feb 2021 14:00 GMT

The historic Grand Hotel Savoia Cortina d’Ampezzo, A Radisson Collection Hotel, and the Radisson Residences Savoia Palace are proud to open their doors following an extensive renovation, while still maintaining both properties’ unique alpine identities. Cortina d'Ampezzo is one of the world’s leading year-round resort destinations offering; world-class skiing and snowboarding in the winter and hiking, biking, and rock climbing in the summer.

Partners Launch CS Ventures Brand of Competitive Socializing Venues

Thu, 18 Feb 2021 13:16 GMT

Alpharetta, Ga, Feb. 18, 2021 (GLOBE NEWSWIRE) -- The formation of Competitive Social Ventures, LLC (“CS Ventures”), a real estate holding, restaurant, and entertainment company, was announced by Managing Partner Neal Freeman. The new entity will launch three unique brands with distinct themes encouraging play and promoting competitive socializing through artfully curated “Food and Beverage” experiences. CS Ventures has four venues in development or under construction with the first two locations expected to open this spring in downtown Alpharetta, GA and Winston-Salem, NC. Future plans include expansion opportunities focused in the Southeast U.S. with each venue’s design and architecture heavily inspired by the cultural influence of each unique location. In addition to Freeman, principals include experienced developers Jason Joseph, Simon Burgess and A.J. Belt with Mayfair Street Partners, and well-known hospitality developers and operators Brad Rahinsky, Fred Cerrone, Joe Reardon and Bryan DeCort with Hotel Equities.

Studio City Announces Earnings Release Date

Thu, 18 Feb 2021 11:42 GMT

MACAU, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE: MSC), a world-class integrated resort located in Cotai, Macau, today announces that it will furnish its unaudited financial results for the fourth quarter and year ended December 31, 2020 on Form 6-K with the U.S. Securities and Exchange Commission (“SEC”) on Thursday, February 25, 2021.

Hotel Equities and Virtua Partners Form 33 Degrees?

Wed, 17 Feb 2021 12:40 GMT

Alpharetta, GA, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Today, Hotel Equities?and affiliated global private equity group Virtua Partners?officially announced the launch of 33 Degrees, a master brand encompassing a portfolio of companies, including:

Huazhu Announces Completion of Internal Investigation

Thu, 11 Feb 2021 06:50 GMT

SHANGHAI, China, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Huazhu Group Limited (NASDAQ: HTHT and HKEX: 1179) (the “Company” or “Huazhu”), a world-leading hotel group, today announced that the Company’s audit committee (the “Audit Committee”) has completed the internal investigation into the allegations raised in short seller reports issued by Bonitas Research LLC on September 22 and 29, 2020, respectively (the “Bonitas Reports”). The Audit Committee carried out the investigation beginning in late September 2020, with the assistance and advice of Cleary Gottlieb Steen & Hamilton LLP and FTI Consulting, Inc.

Extended Stay America Hosts Military Makeover with Montel?, Providing a Home Away from Home for a Military Family

Wed, 10 Feb 2021 18:06 GMT

CAPE CORAL, Fla., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, the leading mid-priced extended stay hotel company, is pleased to announce that it is the exclusive hospitality partner for season 25 of the home improvement show, Military Makeover with Montel^? airing on Lifetime TV and on the American Forces Network. Extended Stay America hosted Army Staff Sergeant Daniel Burgess and his family of four, providing them a home away from home at its Extended Stay America Port Charlotte property for the duration of their home makeover, which will be chronicled on air starting on February 12, 2021.

Host Hotels & Resorts Successfully Extends Credit Facility Waiver Period and Increases Financial Flexibility and Optionality

Wed, 10 Feb 2021 13:30 GMT

BETHESDA, Md., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST), the nation's largest lodging real estate investment trust (the “Company”), announced today that it completed a second amendment to the credit agreement governing its $1.5 billion revolving credit facility and two $500 million term loans.

Extended Stay America Announces Dates for Fourth Quarter Earnings Release and Annual Shareholder Meeting

Thu, 04 Feb 2021 21:15 GMT

CHARLOTTE, N.C., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. and its paired-share REIT, ESH Hospitality, Inc. (collectively the "Company") (Nasdaq: STAY), announced today that it will release its fourth quarter results after the market closes on Thursday, February 25, 2021. A conference call will be held on Friday, February 26, 2021 at 8:30 a.m. Eastern Time.

Les H?tels Baverez : Nombres d'actions et de droits de vote au 31 janvier 2021

Tue, 02 Feb 2021 17:57 GMT

LES HOTELS BAVEREZ S.A.

Hotel Equities and Coakley & Williams Hotel Management Form Strategic Alliance

Mon, 01 Feb 2021 12:32 GMT

The alliance will produce top returns for stakeholders and unlock future growth opportunities

The alliance will produce top returns for stakeholders and unlock future growth opportunities

Extended Stay America Announces Tax Treatment for 2020 Distributions

Thu, 28 Jan 2021 21:15 GMT

CHARLOTTE, N.C., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. and ESH Hospitality, Inc. (NASDAQ:STAY) (together, the “Company”), today announced the tax treatment for the aggregate distributions of $0.26 per paired share (CUSIP: 30224P200) paid to Extended Stay America, Inc.’s common shareholders and ESH Hospitality, Inc.’s Class A and Class B common shareholders during the calendar year ended December 31, 2020.

Huazhu Group Limited Announces Preliminary Results for Hotel Operations in the Fourth Quarter and the Full Year of 2020

Fri, 22 Jan 2021 11:30 GMT

SHANGHAI, China, Jan. 22, 2021 (GLOBE NEWSWIRE) -- Huazhu Group Limited (NASDAQ: HTHT and HKEX: 1179) (“Huazhu”, “we” or “our”), a world-leading hotel group, today announced preliminary results for hotel operations in the fourth quarter (“Q4 2020”) and the full year ended December 31, 2020.

Les H?tels Baverez : Information trimestrielle 4e trimestre 2020

Tue, 19 Jan 2021 17:18 GMT

LES HOTELS BAVEREZ S.A.
2, place des Pyramides 75001 PARIS
Capital € 10.127.050 – Code NAF 5510 Z
R.C.S. PARIS 572?158?558