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European hotels suffer a ‘dismal August’ of plunging profitability

News  |  www.caterersearch.com | 1 hour ago

The profitability of chain hotels plunged dramatically during what TRI Hospitality Consulting described as a “dismal August”.

http://www.caterersearch.com/Articles/2008/10/13/323986/european-hotels-suffer-a-dismal-august-of-plunging.html

Host Hotels & Resorts, Inc. F3Q08 (Quarter End 09/05/08) Earnings Call Transcript (at Seeking Alpha)

News  |  seekingalpha.com | Oct 10, 2008

Welcome to the Host Hotels & Resorts, Inc. third quarter 2008 earnings conference call. (Operator Instructions) At this time for opening remarks and introductions, I would like to turn the call over to the Executive Vice President, Greg Larson. Gregory J. Larson

http://seekingalpha.com/article/99430-host-hotels-amp-resorts-inc-f3q08-quarter-end-09-05-08-earnings-call-transcript?source=yahoo

Largest U.S. REIT, Host, Reports 3rd Qtr Net Income Fell 44% Compared to Last Year

News  |  hotelexecutive.com | Oct 10, 2008

Publication for hotel company owners, senior executives and institutional investors; features latest hotel news, hospitality industry press releases, in-depth analysis articles and market reports from the leading hospitaly industry experts.

http://hotelexecutive.com/newswire/pub/_32034.asp

STR reports preliminary U.S. hotel performance for September 2008

News  |  c.moreover.com | Oct 10, 2008

HENDERSONVILLE, Tennessee | Smith Travel Research (STR) ? the global leader in lodging industry performance tracking and benchmarking ? announced preliminary September 2008 figures for the U.S. lodging industry and STR chain scale segments today. STR

http://c.moreover.com/click/here.pl?r1638670124

Host Hotels Not Hosting Much (at Forbes.com)

News  |  www.forbes.com | Oct 10, 2008

The poor economic climate slammed into the real estate investment trust's Q3 profits.

http://www.forbes.com/2008/10/10/host-hotels-reit-markets-equity-cx_lal_1010markets15.html?partner=yahootix

Host Hotels 3Q results decline, but beat forecasts (AP)

News  |  biz.yahoo.com | Oct 10, 2008

Host Hotels 3Q results decline, but beat forecasts. - BETHESDA, Md. (AP) -- Real estate investment trust Host Hotels & Resorts Inc. said Friday its fiscal third-quarter results fell as the travel industry suffered from cutbacks in consumer and business spending, but the results still beat Wall

http://biz.yahoo.com/ap/081010/earns_host_hotels.html?.v=2

Hawaiian travel falloff hits Host Hotels (at MarketWatch)

News  |  www.marketwatch.com | Oct 10, 2008

CHICAGO (MarketWatch) -- A falloff in leisure and group travel -- especially in Hawaii -- bit into Host Hotels & Resorts third quarter numbers, as the lodging and real estate company said Friday that its profit fell 45%.

http://www.marketwatch.com/news/story/hawaiian-travel-falloff-hits-host/story.aspx?guid=%7B53F13AD6%2DEC45%2D4CA3%2D9072%2DAF6D52916A67%7D&siteid=yhoof

Smith Travel Research (STR) Releases Preliminary U.S. September Figures

News  |  www.hsyndicate.org | Oct 10, 2008

HENDERSONVILLE, Tennessee | Smith Travel Research (STR) – the global leader in lodging industry performance tracking and benchmarking – announced preliminary September 2008 figures for the U.S. lodging industry and STR chain scale segments today.

http://www.hsyndicate.org/news/4038124.html

Travel industry shaken by economic downturn

News  |  www.hotelnewsresource.com | Oct 9, 2008

Airlines reported sharp declines in passenger traffic for September. Hotel occupancy rates are down, and corporate travel managers are demanding new concessions on previously negotiated deals. Cancellations are starting to rise even at four- and five-star hotels, which previously seemed immune to

http://www.hotelnewsresource.com/article35033.html

Economy Cripples Weekly Results In U.S.

News  |  www.hotelsmag.com | Oct 9, 2008

The U.S. hotel industry posted declines in all three key performance measurements during the week ending Saturday, 04 October 2008, according to data from STR.

http://www.hotelsmag.com/article/CA6603689.html

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