Industry News & Blogs
Marriott 4Q Profit Down :: Hotel News Resource
Article - Marriott 4Q Profit Down - Reported net income totaled $141 million in the fourth quarter of 2011 compared to $173 million in the year-ago quarter. Reported diluted EPS was $0.41 in the fourth quarter of 2011 compared to $0.46 in the fourth quarter of 2010.
Hsyndicate - News - Marriott 4Q Net Down 18% On Spinoff Charges, RevPAR Rises | wsj.com
Marriott International Inc.'s (MAR) fourth-quarter earnings fell 18% as charges related to the spinoff of its timeshare business weighed on bottom-line results, though revenue per available room increased. Marriott, an industry bellwether, has posted increased revenue for two years as demand
Strong branding drives global revpar growth of 6.2% for IHG
Strong branding helped deliver a 6.2% growth in revenue per available room (revpar) for InterContinental Hotels Group (IHG), according to the company's preliminary results for the year to 31 December 2011. Total gross revenue from IHG's properties was up 8% year-on-year to $20.2b.
InterContinental Hotels Group PLC : Investors - News - Preliminary Results for the year to 31
Financial and brand news for all regions and brands.
MENA chain hotels market, Riyadh's the winner. ~ Friday, 10th February 2012 from 4Hoteliers
Hotels in Riyadh achieved the highest Average Room Rate and Gross Operating Profit Per Available Room in the region for the month of December and full year 2011
US: Modest RevPAR increases expected in 2012 and 2013
Published since 1997, HOTELMARKETING.COM is the Internet hotel marketing magazine for hotel marketers, hoteliers and online travel marketers.
HSMAI eConnect - MENA Split Performances in 2011 | MKG Reports
MKG Hospitality's December and end-of-year hotel results are out for the Middle East & North African regions, showing clear-cut trends and a division in hotel performances. Turkey, Kuwait and Saudi Arabia are easily the best performing markets.
Report shows growth for European hotel occupancy in October :: Caterer News
New research shows that the European hotel industry generated positive results last month, with occupancy and revenue per room figures up year on year.
Formula for REVPAR has grown
The hotel (financial) management company Xotels has shown a 15.3% REVPAR increase during the third quarter of 2011.
Drinks Media Wire - MENA Hotel Performances Bounce Back
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