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Stock Market & Financial Investment News

News Breaks
November 16, 2012
08:32 EDTFCHFelcor Lodging now sees Q4 adjusted FFO (5c)-(2c), consensus (2c)
Sees Q4 adjusted EBITDA $37M-$41M.
News For FCH From The Last 14 Days
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April 29, 2015
08:41 EDTFCHFelcor Lodging now sees FY15 adjusted EBITDA $240M-$248.5M
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08:40 EDTFCHFelcor Lodging sees FY15 adjusted FFO 84c-90c, consensus 86c
Sees FY15 RevPAR for same-store hotels up 8.5%-9%. The company says, "We increased our RevPAR and EBITDA outlook primarily to reflect better than expected first quarter results. Our 2015 outlook reflects continuing strong lodging industry fundamentals. We expect continued robust demand growth reflecting strength in both the leisure and corporate segments. Consequently, we expect occupancy will increase, as demand growth broadly outpaces new supply. Average occupancy for the U.S. is at record levels, allowing for strong ADR growth. Our projected 2015 RevPAR growth exceeds projected 2015 overall industry RevPAR growth because of our high-quality and diverse portfolio, which is over-weighted to higher growth markets with favorable fundamentals. Our outlook assumes we sell eight non-strategic hotels during 2015. The low-end of our guidance assumes that we sell all five remaining non-strategic hotels in the second quarter. The high-end of our guidance assumes that we sell three of the remaining five non-strategic hotels in the second quarter and the remaining two non-strategic in the third quarter. Our outlook assumes EBITDA for the Wyndham (WYN) hotels equals the amount guaranteed by Wyndham."
08:38 EDTFCHFelcor Lodging reports Q1 adjusted FFO 14c, consensus 11c
Reports Q1 revenue $213.7M, consensus $218.4M. Same-store RevPAR increased 13.1%; core RevPAR increased 13.5%.

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