“Earnings Preview: Starwood Hotels” plus 2 more |
- Earnings Preview: Starwood Hotels
- Earnings Preview: Starwood Hotels
- China Lodging Group, Limited Schedules Second Quarter of 2010 Earnings Release on July 29, 2010 U.S. Eastern Time
| Earnings Preview: Starwood Hotels Posted: 20 Jul 2010 08:28 AM PDT
Starwood Hotels & Resorts Worldwide Inc., the company that owns the Sheraton and W Hotel brands, reports its second-quarter results Thursday before the market opens. WHAT TO WATCH FOR: The key performance measure for hotel chains is revenue from each available room. Barclays Capital analyst Felicia Hendrix told investors in a recent research note that she expects the figure to grow 11 percent worldwide for the quarter. WHY IT MATTERS: Occupancy has been climbing at hotel chains in recent months as travelers resume vacationing and corporations relax their tightened travel budgets. It's a markedly different situation from the depths of the recession, when hotels struggled with empty beds and falling revenue and were forced to slash room rates to bring in guests. Room prices are finally rising again industrywide — particularly in popular destination cities such as New York and Washington, D.C. — but they haven't gotten back where they were before the recession. Last week, Starwood's rival Marriott International Inc. said its average room rate also climbed by 1.7 percent in North America — its first gain in nearly two years. That company said it expects to continue raising rates in the second half of the year and in 2011. Starwood has more than 1,000 properties in 100 countries. Its brands include Sheraton, W Hotels, Westin, St. Regis, Four Points and Aloft. WHAT'S EXPECTED: Analysts polled by Thomson Reuters expect Starwood to earn 25 cents per share with revenue of $1.25 billion. LAST YEAR'S QUARTER: Last year, Starwood earned $134 million, or 74 cents per share. The company reported revenue of $1.21 billion. Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Five Filters featured article: Headshot - Propaganda, State Religion and the Attack On the Gaza Peace Flotilla. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Earnings Preview: Starwood Hotels Posted: 20 Jul 2010 07:35 AM PDT (07-20) 07:02 PDT CHICAGO, (AP) -- Starwood Hotels & Resorts Worldwide Inc., the company that owns the Sheraton and W Hotel brands, reports its second-quarter results Thursday before the market opens. WHAT TO WATCH FOR: The key performance measure for hotel chains is revenue from each available room. Barclays Capital analyst Felicia Hendrix told investors in a recent research note that she expects the figure to grow 11 percent worldwide for the quarter. WHY IT MATTERS: Occupancy has been climbing at hotel chains in recent months as travelers resume vacationing and corporations relax their tightened travel budgets. It's a markedly different situation from the depths of the recession, when hotels struggled with empty beds and falling revenue and were forced to slash room rates to bring in guests. Room prices are finally rising again industrywide — particularly in popular destination cities such as New York and Washington, D.C. — but they haven't gotten back where they were before the recession. Last week, Starwood's rival Marriott International Inc. said its average room rate also climbed by 1.7 percent in North America — its first gain in nearly two years. That company said it expects to continue raising rates in the second half of the year and in 2011. Starwood has more than 1,000 properties in 100 countries. Its brands include Sheraton, W Hotels, Westin, St. Regis, Four Points and Aloft. WHAT'S EXPECTED: Analysts polled by Thomson Reuters expect Starwood to earn 25 cents per share with revenue of $1.25 billion. LAST YEAR'S QUARTER: Last year, Starwood earned $134 million, or 74 cents per share. The company reported revenue of $1.21 billion. Five Filters featured article: Headshot - Propaganda, State Religion and the Attack On the Gaza Peace Flotilla. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Posted: 20 Jul 2010 06:00 AM PDT SHANGHAI, China, July 20, 2010 (GLOBE NEWSWIRE) -- China Lodging Group, Limited (Nasdaq:HTHT - News) ( "HanTing Inns and Hotels" or the "Company"), a leading economy hotel chain operator in China, today announced that it is scheduled to release financial results for second quarter ended June 30, 2010, after the U.S. market closes on July 29, 2010. The earnings release will be available on the Company's investor relations website at http://ir.htinns.com/releases.cfm . HanTing Inns and Hotels' management will host a conference call at 9 p.m. EDT, Thursday, July 29, 2010 (or 9 a.m. on Friday, July 30, 2010 in the Shanghai/Hong Kong time zone) following the announcement. To participate in the event by telephone, please dial +1 (888) 830 9551 (for callers in the U.S.), +86 10 800 152 1039 (for callers in China Mainland), +852 3002 1675 (for callers in Hong Kong) or +1 (408) 961 6560 (for callers outside of the U.S., China Mainland, and Hong Kong) and entering pass code HTHT. Please dial in approximately 10 minutes before the scheduled time of the call. A recording of the conference call will be available after the conclusion of the conference call through August 6, 2010. Please dial +1 877 482 6144 (for callers in the U.S.) or +1 617 213 4164 (for callers outside the U.S.) and entering pass code 765 274 98. The conference call will also be webcast live over the Internet and can be accessed by all interested parties at the Company's Web site, http://ir.htinns.com . About China Lodging Group, Limited China Lodging Group, Limited is a leading economy hotel chain operator in China. The Company provides business and leisure travelers with high-quality, and conveniently-located hotel products under three brands, namely, HanTing Seasons Hotel, HanTing Express Hotel, and HanTing Hi Inn. As of March 31, 2010, the Company had 282 hotels and 33,650 rooms in 47 cities across China. Five Filters featured article: Headshot - Propaganda, State Religion and the Attack On the Gaza Peace Flotilla. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
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