“Opinions on Wyndham Worldwide and Starwood Hotels & Resorts -- The Days Are Looking Sunnier for Some Lodging Stocks” plus 3 more |
- Opinions on Wyndham Worldwide and Starwood Hotels & Resorts -- The Days Are Looking Sunnier for Some Lodging Stocks
- Chesapeake Lodging Trust Announces Closing of $115 Million Credit Facility and Acquisition of Two Hotels
- Analyst Research on Marriott International and Orient-Express Hotels -- Lodging Industry Cautious Recovery
- Research Reports on Host Hotels & Resorts and Strategic Hotels & Resorts -- Lodging REITs Walking Proud
| Posted: 02 Aug 2010 06:46 AM PDT
Aug 02, 2010 09:29 ET JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 2, 2010) - www.stockcall.com/ offers investors comprehensive research on the Lodging industry and has completed analytical research on Wyndham Worldwide Corporation (NYSE: WYN) and Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT). Register with us today at www.stockcall.com/ to have free access to these researches. The 2008-9 financial crisis toppled the Lodging Industry from a six-year high, however, it now seems they are poised to start making a recovery as the U.S. economy continues to heal. The American Hotel and Lodging Association recently published the industry's 2009 financial report confirming dire earnings where profits slid from $25.8 billion in 2008 to $16 billion in 2009. So far 2010 looks somewhat brighter with most of 2nd quarter earnings reports showing improvement compared to the 1st quarter as well as the previous year. www.stockcall.com/ is an online platform where investors doing their due-diligence on the Lodging industry can have easy and free access to our analyst research and opinions on Wyndham Worldwide Corporation and Starwood Hotels & Resorts Worldwide Inc.; all investors need to do is register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html. While corporate profits have risen 22.7 percent in the 2010, inflation has stabilized and June unemployment rates have receded to 9.5 percent, their lowest in 11 months. The hotel industry hopes to see simultaneous increase in business and leisure travel as well as higher average daily rates. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the Lodging industry. Although the outlook seems sunnier with average daily rates and occupancy climbing, profits are a long way from their 2007 highs. Also, the industry is not recovering collectively; luxury and higher priced hotels are coming back faster while mid-range and cheaper options are lagging. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future. With the earnings season still in full swing, Wyndham Worldwide Corporation releases upbeat results last week with a second-quarter earnings surge of 34%. A week before Starwood Hotels & Resorts Worldwide Inc. also impressed Wall Street by delivering a higher-than-expected profit of $0.61 a share. Investors looking for free research on Wyndham Worldwide Corporation and Starwood Hotels & Resorts Worldwide Inc. are welcome to sign up at www.stockcall.com/WYN020810.pdf or www.stockcall.com/HOT020810.pdf. About StockCall.com  Five Filters featured article: "Peace Envoy" Blair Gets an Easy Ride in the Independent. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Posted: 02 Aug 2010 05:00 AM PDT Press Release Source: Chesapeake Lodging Trust On Monday August 2, 2010, 8:00 am EDT ANNAPOLIS, Md.--(BUSINESS WIRE)--Chesapeake Lodging Trust (NYSE:CHSP - News) announced today that it has entered into a credit agreement to obtain a $115 million, two-year secured revolving credit facility with a syndicate of banks. The facility is led by Wells Fargo Bank, N.A., as administrative agent, and JPMorgan Chase Bank, N.A., as syndication agent. The amount that the Company can borrow under the revolving credit facility is based on the value of the Company's hotel properties included in the borrowing base, as defined in the credit agreement. Borrowings under the revolving credit facility bear interest equal to LIBOR, plus 3.75%, subject to a LIBOR floor of 2.00%. The credit agreement contains standard financial covenants, including certain leverage ratios, coverage ratios, and a minimum tangible net worth requirement. Subject to certain conditions, the facility allows for a one-year extension. The Company also announced that it has closed on the previously announced acquisitions of the 153-room Courtyard Anaheim at Disneyland Resort in Anaheim, California for a purchase price of $25.0 million, or approximately $163,000 per key, and the 430-room Boston Marriott Newton in Newton, Massachusetts for a purchase price of $77.25 million, or approximately $180,000 per key. The Company entered into an agreement with Tarsadia Hotels to operate the Courtyard Anaheim at Disneyland Resort under the Courtyard by Marriott flag and entered into an agreement with TPG Hospitality, Inc. to operate the Boston Marriott Newton under the Marriott flag. The Courtyard Anaheim at Disneyland Resort and Boston Marriott Newton acquisitions were funded by a $105 million borrowing under the Company's revolving credit facility. More information will be provided on these two hotel properties on the Company's second quarter earnings conference call scheduled for 10:00 a.m. Eastern Time on Wednesday, August 4, 2010. Chesapeake Lodging Trust is a self-advised lodging real estate investment trust (REIT) focused on investments primarily in upper-upscale hotels in major business, airport and convention markets and, on a selective basis, premium select-service hotels in urban settings or unique locations in the United States. The Company owns four hotel properties with an aggregate of 1,269 rooms in two states. Additional information can be found on the Company's website at www.chesapeakelodgingtrust.com. Five Filters featured article: "Peace Envoy" Blair Gets an Easy Ride in the Independent. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Posted: 02 Aug 2010 06:32 AM PDT
Aug 02, 2010 09:24 ET JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 2, 2010) - www.stockcall.com/ offers investors comprehensive research on the Lodging industry and has completed analytical research on Marriott International Inc. (NYSE: MAR) and Orient-Express Hotels Ltd. (NYSE: OEH). Register with us today at www.stockcall.com/ to have free access to these researches. The 2008-9 financial crisis toppled the Lodging Industry from a six-year high, however, it now seems they are poised to start making a recovery as the U.S. economy continues to heal. The American Hotel and Lodging Association recently published the industry's 2009 financial report confirming dire earnings where profits slid from $25.8 billion in 2008 to $16 billion in 2009. So far 2010 looks somewhat brighter with most of 2nd quarter earnings reports showing improvement compared to the 1st quarter as well as the previous year. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the Lodging industry. www.stockcall.com/ is an online platform where investors doing their due-diligence on the Lodging industry can have easy and free access to our analyst research and opinions on Marriott International Inc. and Orient-Express Hotels Ltd.; all investors need to do is register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html While corporate profits have risen 22.7 percent in the 2010, inflation has stabilized and June unemployment rates have receded to 9.5 percent, their lowest in 11 months. The hotel industry hopes to see simultaneous increase in business and leisure travel as well as higher average daily rates. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future. Although the outlook seems sunnier with average daily rates and occupancy climbing, profits are a long way from their 2007 highs. Also, the industry is not recovering collectively; luxury and higher priced hotels are coming back faster while mid-range and cheaper options are lagging. Earnings this quarter for Marriott International Inc. was very positive with almost three quarters of the its hotels indicating a surge in their room rates for the quarter. Consequently, revenue for the second quarter was up 8.2% to $2.8 billion. Investors looking for free research on Marriott International Inc. are welcome to sign up at www.stockcall.com/MAR020810.pdf for our new report. Another player in this sphere that is set to release its earnings results in the next few days is Orient-Express Hotels Ltd. The hotel which operates mainly in the leisure hospitality market will be posting its financial readings on August 4th. Investors looking for complimentary research on Orient-Express Hotels Ltd. are welcome to sign up at www.stockcall.com/OEH020810.pdf for our new report. About StockCall.com Five Filters featured article: "Peace Envoy" Blair Gets an Easy Ride in the Independent. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Posted: 02 Aug 2010 05:47 AM PDT
Aug 02, 2010 08:44 ET JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 2, 2010) - www.RothmanResearch.com provides members a complete scrutiny of the REIT - Hotel/Motel industry with thorough research on Host Hotels & Resorts Inc. (NYSE: HST) and Strategic Hotels & Resorts Inc. (NYSE: BEE). Sign up now on www.rothmanresearch.com to access these free reports. With the hospitality industry being one of the hardest hit by the current recession, shareholders will be glad to hear that a turnaround is expected this year. In 2009 all three of the key metrics - occupancy, average daily rate, and revenue per available room - used to determine the financial health of the Hotel/Motel industry fell during every month. However, the industry is beginning to show signs of recovery at the midpoint of 2010. www.rothmanresearch.com is a source for investors seeking free information on the REIT - Hotel/Motel industry; investors and shareholders of Host Hotels & Resorts Inc., Strategic Hotels & Resorts Inc. and other companies in the industry are encouraged to sign up for free at http://www.rothmanresearch.com/index.php?id=6&name=Register. Recent company earnings reports show that some industry players are meeting their Wall Street projections. This turnaround from last year is accredited primarily to strengthening business travel. As confidence in the economy returns, business and group travel has increased greatly. The increase in business and group travel will result in a top-down recovery as these travelers prefer more expensive hotels meaning the hotel chains with limited offerings will feel the effects of the turnaround more slowly. On the Lodging REITs side, Host Hotels & Resorts Inc. which reported its earnings results a few weeks back had brought a major boost to the industry with second quarter profits beating Wall Street expectations. Whilst waiting for its quarterly release, another player worth looking into at this time is Strategic Hotels & Resorts Inc. with its assortment of luxury assets. This lodging REIT is schedule to post its financial results on Thursday August 5th. www.rothmanresearch.com research team provides investors with insight about the Host Hotels & Resorts Inc. and Strategic Hotels & Resorts Inc. by registering now at http://www.rothmanresearch.com/article/hst/23767/Aug-02-2010.html or http://www.rothmanresearch.com/article/bee/23768/Aug-02-2010.html A recent study released by JD Power and Associates has shown that despite the cost cutting by the hotel industry to accommodate decreased revenue, the expected decrease in customer satisfaction has not manifested itself. With hoteliers focusing their cost cutting on areas that mitigate the effect on customer experience, satisfaction actually rose across the board aside from the anticipated area related to the lowered rates and fees. This counter-intuitive increase is reportedly due to lower occupancy increasing the quality of traveller stays. With occupancy and room rates stabilizing along with the economy, it will be interesting to see if the hotel industry can manage the new expectations of their customers and maintain their upward trend. Companies looking for additional media or advertising services can call Blue Chip IR at 1-917-267-8836 About Rothman Research Rothman Research brings independent company and sector research together, utilizing top financial advisors and investment tactics to provide you with a clear picture of investment opportunities. Five Filters featured article: "Peace Envoy" Blair Gets an Easy Ride in the Independent. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
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