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Stock Market & Financial Investment News

News Breaks
May 13, 2014
07:28 EDTHOT, RHP, WYNNomura to hold a conference
Global Gaming, Lodging & Leisure Conference to be held in New York on May 13.
News For WYN;RHP;HOT From The Last 14 Days
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July 7, 2015
10:36 EDTHOTStarwood announces signing of Sheraton Mactan Resort
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09:05 EDTHOTStarwood sells Element Denver Park Meadows to Denver Hospitality II for $15.5M
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July 6, 2015
10:58 EDTWYNWyndham Vacation Rentals acquires ResortQuest Whistler
Wyndham Vacation Rentals, a subsidiary of Wyndham Worldwide, announced that it has acquired ResortQuest Whistler. The acquisition marks the company's first foray into Canada and adds nearly 600 condominium units to its growing portfolio of vacation rental properties.
06:26 EDTHOT, WYNFTC: Hotels not required to add resort fees to advertised rates, L.A. Times says
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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 EDTWYNHyatt 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 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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