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Starwood Profit Beats Expectations

Quarterly earnings reports continue to roll in from major hotel industry players this week. Starwood Hotels & Resorts Worldwide today reported better-than-expected first quarter earnings as it works toward closing its merger with Marriott International. “We had a very strong ...

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Hyatt Releases Third Quarter Earnings Results

In a report released on Nov. 3, Hyatt Hotels released the following regarding its third quarter earnings: Net income attributable to Hyatt was $25 million, or $0.18 per share, during the third quarter of 2015 compared to net income attributable ...

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Third Quarter 2015 Results Roundup

Hilton Worldwide: Net income attributable to Hilton stockholders for the third quarter was $279 million, an increase of $96 million from the same period in 2014. Adjusted EBITDA for the third quarter increased 13 percent from the same period in ...

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Hotel Earnings More Robust as Transactions Increase

Hotel Earnings More Robust as Transactions Increase

The halfway point of 2015 marked further growth for the lodging industry. Hotel transaction volume increased modestly during the first half of 2015 as privately held equity funds and hotel companies continued their disposition strategies. From January to June of ...

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Second Quarter 2015 Results Roundup

Choice Hotels: Net income for the second quarter came in at $35.8 million. Revenues for the second quarter totaled $232.2 million, an increase of 17 percent from the same period in 2014. Domestic system-wide revenue per available room increased 6.7 ...

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