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December 4, 2013
07:51 EDTSHO, IILG, HST, DRH, CHH, WYN, MAR, IHG, HOT, CLDT, AHT, VAC, LHO, HT, FCH, CHSPSunTrust to hold a conference
Lodging Conference is being held in Boston on December 4.
Check below for free stories on AHT;CHH;CHSP;CLDT;DRH;FCH;HOT;HST;HT;IHG;IILG;LHO;MAR;SHO;VAC;WYN the last two weeks.
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April 10, 2014
09:01 EDTHOTStarwood Hotels launches Aloft brand in Atlanta, Georgia
Starwood Hotels & Resorts Worldwide announced the grand opening of Aloft Atlanta Downtown, the first Aloft hotel in the state of Georgia. Owned by Tampa-based DeBartolo Development, LLC, and managed by Atlanta-based Banyan Investment Group, the 10-story property in downtown Atlanta underwent a multi-million dollar transformation prior to conversion. Aloft Atlanta Downtown offers 254 spacious, loft-like rooms, forward-thinking technology and a vibrant, social atmosphere.
08:37 EDTSHOSunstone Hotel group trends gaining momentum, says RW Baird
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07:44 EDTHSTHost Hotels to host investor day
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April 9, 2014
10:00 EDTAHTAshford Hospitality falls 6.2%
Ashford Hospitality is down 6.2%, or 70c, to $10.50
09:13 EDTAHTAshford Hospitality 7.5M share Spot Secondary priced at $10.70
The deal size was increased to 7.5M from 7M and the range was $10.55-$10.85. BofA/Merrill and Morgan Stanley acted as joint book running managers for the offering.
09:00 EDTAHTAshford Hospitality falls 5.7%
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08:51 EDTCLDTChatham Lodging increases dividend 14% to annual rate of 96c per share
Chatham Lodging Trust announced that its board of trustees has voted to raise the dividend by 14% to an annual rate of 96c per share. Chathamís board has declared a monthly common share dividend of 8c for April. The common share dividend is payable May 30 to shareholders of record on April 30. Dennis Craven, Chathamís CFO says, ďOur goal is to reward investors with dividend growth that correlates to growth in EBITDA and the 16% increase in FFO per share, using the midpoint of our 2014 FFO per share guidance, aligns with the 14% dividend increase."
April 8, 2014
16:10 EDTAHTAshford Hospitality files to sell 7M common shares
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08:19 EDTWYNFTC data-breach suit against Wyndham allowed to proceed, WSJ says
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06:37 EDTHSTHost Hotels volatility elevated into investor day
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April 7, 2014
16:13 EDTIILGInterval Leisure, Karisma Hotels enter multi-site affiliation agreement
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13:33 EDTHSTHost Hotels April and May calls active
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11:49 EDTHSTOptions with increasing implied volatility: PBR AKAM HST L
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10:50 EDTHSTHigh option volume stocks: HST SEAS SXC CMCSK MILL
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09:05 EDTIILGInterval International Affiliates announces addition of Colorado Grand
Interval International, an operating business of Interval Leisure Group, announced the addition of The Colorado Grand, the newest project in the Breckenridge Grand Vacations family of resorts. In conjunction with this affiliation, Interval has also extended its agreements with the three other BGV properties. Located at the base of Peak 8 of the Breckenridge Ski Resort, The Colorado Grand will be just steps away from ski lifts and the BreckConnect Gondola. The resort will be situated on 2.5 acres and comprise 75 two-bedroom-equivalent units averaging approximately 1,450 square feet each. They will be constructed in three phases over a period of five years, with completion of the phases planned for FY16, FY17, and FY18.
08:15 EDTMARMarriott sees opening 30 new South African hotels, Reuters reports
Marriott, which aims to triple its revenue and rooms across Africa and the Middle East within six years, plans to open 30 new hotels in South Africa by 2020, reported Reuters, citing Marriott's Middle East and Africa head Alex Kyriakidis. Reference Link
April 6, 2014
18:21 EDTWYNTPG led group agrees to invest in apartment-rental site Airbnb, WSJ says
A group led by private-equity firm TPG reached an agreement to invest in apartment-rental site Airbnb that values the starup at about $10B, says the Wall Street Journal. Airbnb lets homeowners rent space to travelers and may offer competition to large hotel chains like Wyndham Worldwide (WYN) and Hyatt Hotels (H), added the Wall Street Journal. Reference Link
April 4, 2014
09:01 EDTLHOLaSalle Hotel acquires Hotel Vitale in San Francisco for $130M
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07:29 EDTMARMarriott price target raised to $60 from $55 at Credit Suisse
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April 3, 2014
09:01 EDTHOTStarwood Hotels says Aloft brand to debut in Greenville, SC
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