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Stock Market & Financial Investment News

News Breaks
April 25, 2013
06:44 EDTHOT, H, WYN, RLH, HST, MARHotel owners fear sequester effects, The Hill says
Hundreds of hotel owners who fear that flight delays caused by the sequester could cripple their businesses this summer lobbied Congress on the issue yesterday, according to The Hill. Reference Link
News For MAR;H;HST;WYN;HOT;RLH From The Last 14 Days
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July 1, 2015
09:09 EDTRLHRed Lion Hotels signs two franchise license agreement in Texas
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07:34 EDTMARW.P. Carey JV purchases the Ritz-Carlton, Fort Lauderdale Property
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June 30, 2015
09:22 EDTHOTStarwood’s Aloft Brand to expand portfolio in California
Starwood Hotels & Resorts Worldwide announced that its Aloft brand will soon add yet another destination to its California portfolio with the upcoming debut of Aloft Dublin-Pleasanton. “Designed for the evolving global traveller, Aloft is a great fit for the tech-forward Dublin-Pleasanton area,” said Brian McGuinness, senior VP, Specialty Select Brands for Starwood. “As one of the fastest growing brands in the history of hospitality, Aloft offers distinctive design, accessible technologies and a buzzing social atmosphere.”
06:02 EDTHOTStarwood reduced energy use by 12%
Starwood Hotels & Resorts Worldwid announced it has reduced energy use by 12.08%, carbon emissions by 16.07% and water use by 17.26% across all owned, managed and franchised properties from 2008 through 2014. The reductions stem from Starwood’s 30/20 by 20 environmental goals, launched in 2009, to cut energy use by 30% and water use by 20% by 2020 globally. In 2013, Starwood added a goal to reduce carbon emissions by 30% during the same timeframe.
June 29, 2015
05:57 EDTH, WYNHyatt and Wyndham invest in Airbnb rivals, Financial Times reports
Hyatt (H) was revealed to be among a group of investors to join a fundraising round for Onefinestay, an upmarket competitor to Airbnb, reports the Financial times. According to two people familiar with the matter, Wyndham Hotels (WYN) has also taken a stake in another London-based startup called LoveHomeSway, a subscription service that allows homeowners to swap their homes. Reference Link
June 25, 2015
16:37 EDTRLHHNA Investment Management reports 15% stake in Red Lion Hotels
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10:00 EDTMAROn The Fly: Analyst Initiation Summary
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08:47 EDTMARMarriott and Universal Music Group launch global marketing partnership
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05:29 EDTMARMarriott initiated with a Hold at Brean Capital
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June 24, 2015
16:11 EDTHOTAshford Hospitality to acquire two hotels in Minneapolis for $101M
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07:03 EDTHOTStarwood, Accenture extent IT outsourcing contract
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June 23, 2015
08:56 EDTHSTCitigroup to hold a field trip
European Housing Field Trip travels throughout Europe visiting with various companies on June 23-26.
June 22, 2015
09:40 EDTHOTActive equity options trading on open
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08:19 EDTHOTThe Luxury Collection invests $300M to grow North America portfolio
The Luxury Collection announced, in coordination with its owner partners, a $300M effort to expand and improve its hotel portfolio in North America. Part of Starwood Hotels & Resorts, The Luxury Collection is investing in marquee hotel conversions and landmark renovations in diverse U.S. destinations, including Key West, Lake Tahoe, San Antonio and San Francisco, as it continues to grow around the world. A milestone year for the brand, The Luxury Collection is on track to surpass 100 hotels in more than 30 countries by the end of 2015.

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