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X @Bloomberg
Bloombergยท 2025-09-16 03:22
Seibu Prince Hotels Worldwide reached a deal to acquire the parent company of Ace Hotel, betting that the influential lodging brand can help the firm expand globally https://t.co/VKzJ6jJcST ...
InterContinental Hotels Group PLC (IHG) Presents At 2025 BofA Gaming, Lodging & Leisure Conference Transcript
Seeking Alphaยท 2025-09-11 13:05
Core Insights - The company reported a global RevPAR (Revenue Per Available Room) increase of 1.8% for the first half of the year, with a breakdown of 3.5% in Q1 and 0.3% in Q2, indicating a steady demand trend across key markets [1] Group 1: Demand Trends - Demand around the world is described as "pretty steady," suggesting stability in the market [1] - The Easter holiday's timing positively impacted Q1 results, particularly in the United States for group bookings [1]
X @Bloomberg
Bloombergยท 2025-09-10 12:50
Acquisition - Blackstone is acquiring the East Miami hotel [1] - The seller is a joint venture between Trinity Investments and Certares Real Estate Management [1] Market Trend - The acquisition adds to Blackstone's recent bets on Florida's lodging market [1]
Is Hilton Stock Outperforming the S&P 500?
Yahoo Financeยท 2025-09-09 14:41
Company Overview - Hilton Worldwide Holdings Inc. (HLT) is a hospitality company managing, franchising, owning, and leasing hotels and resorts, with a market cap of $65.3 billion and over 8,300 properties across 138 countries [1] - HLT is classified as a large-cap stock, highlighting its size and influence in the lodging industry, supported by a diverse brand portfolio including Waldorf Astoria and Hilton Hotels & Resorts [2] Financial Performance - In Q2, HLT reported total revenue of $3.1 billion, a 6.3% year-over-year increase, driven by an 8.1% rise in franchise and licensing fees [5] - Adjusted EBITDA grew 9.9% to $1 billion, and adjusted EPS rose 15.2% to $2.20, surpassing consensus estimates of $2.04 [5] Stock Performance - HLT stock has gained 9.9% over the past three months, outperforming the S&P 500 Index's 8.3% gains during the same period [3] - Year-to-date, HLT shares rose 12.4%, slightly underperforming the S&P 500's 10.4% gains, but climbed 30.4% over the past 52 weeks, outperforming the S&P 500's 20.1% returns [4] Market Position - The Hilton Honors loyalty program has 195 million members, enhancing customer retention and expanding market reach [2] - Despite recent stock fluctuations, HLT has been trading above its 50-day and 200-day moving averages since early May, indicating a bullish trend [4]
Motels make major comeback as roadside rests celebrate 100 years
NBC Newsยท 2025-09-07 11:58
[Music] On all but super highways, free enterprise has set up shop. It's a veritable slice of Americana found just off the freeway. The Humble Motel, a shorthand for motor hotel, is celebrating a century in its native USA.The first time you laid eyes on this place, we'd be walking in what. In a parking lot. Two hours north of Los Angeles, owner Kimberly Walker restored the Sky View Motel, built in the 1950s.Is it too much of a stretch to say that motel are cool again. I think motel are are cool again, but y ...
Wyndham CEO Geoff Ballotti says new construction pipeline is at an all-time high
CNBC Televisionยท 2025-09-04 19:50
A lot of attention being paid to the health of the US consumer and whether they are still going to keep spending their discretionary dollars on travel. We're at the Bank of America Gaming and Lodging and Leisure Conference in New York City. And with me, my guest Jeff Botti, who's the CEO of Windham Hotels.It's great to see you this morning. >> Great seeing you contestant. It's uh the busiest show these folks have ever had.Attendance, I just heard from Danny Assad and Sean Kelly. It's up 25% over last year, ...
MGM Resorts CEO Bill Hornbuckle on the challenges in Vegas, U.S. travel
CNBC Televisionยท 2025-09-04 17:18
Las Vegas is just coming off a bit of a summer travel slump. I'm at the Bank of America Gaming and Lodging Conference in New York City and my guest is MGM Resorts International CEO Bill Hornbuckle. It's great to see you. >> Great to see you. Thank you.>> Uh you just were on a panel in front of investors insisting Las Vegas is not dead. Why isn't it. >> Despite despite the headlines, I promise you it is not dead.And I only need to reflect to this weekend. We ran 98 plus percent in nine properties across the ...
Marriott International, Inc. (MAR) Presents At Bank Of American Gaming And Lodging Conference (Transcript)
Seeking Alphaยท 2025-09-04 17:12
Company Overview - Anthony Capuano serves as the President and CEO of Marriott, indicating strong leadership at the company [2]. Recent Developments - Marriott recently launched the newest Ritz-Carlton Yacht, named Luminara, with a practice voyage from Rome to Syracuse to Malta, showcasing the company's expansion into luxury yacht experiences [5]. Personal Insights from Leadership - Capuano shared personal experiences from his summer, including time spent at a family farm in Tuscany, which reflects a balance between personal life and professional commitments [5]. Social Media Engagement - The launch of the Ritz-Carlton Yacht was highlighted on social media, suggesting that Marriott is leveraging digital platforms for marketing and engagement [5].
Host Hotels & Resorts Announces Third Quarter 2025 Earnings Call to be Held on November 6, 2025
Globenewswireยท 2025-08-21 20:30
Company Overview - Host Hotels & Resorts, Inc. is the largest lodging real estate investment trust in the United States and is part of the S&P 500 [3] - The company owns 75 properties in the United States and five properties internationally, totaling approximately 42,900 rooms [3] - Host Hotels also holds non-controlling interests in seven domestic and one international joint ventures [3] Upcoming Financial Results - The company will report its third quarter 2025 financial results on November 5, 2025, after market close [1] - A conference call to discuss the results and business outlook is scheduled for November 6, 2025, at 9:00 a.m. ET [1] - Access information for the conference call includes a toll-free number for USA/Canada and an international toll number [1] Additional Information - A replay of the conference call will be available from November 6, 2025, until February 18, 2026, via webcast on the company's website [2]
Sotherly Hotels Inc. Reports Financial Results for the Second Quarter Ended June 30, 2025
GlobeNewswireยท 2025-08-12 10:30
Core Viewpoint - Sotherly Hotels Inc. reported a decline in financial performance for the second quarter of 2025, with decreases in total revenues, net income, and key operating metrics such as RevPAR and EBITDA, reflecting broader macroeconomic challenges impacting hotel demand [1][3][5]. Financial Performance - Total revenues for Q2 2025 were approximately $48.8 million, down from $50.7 million in Q2 2024 [2][7]. - Net income attributable to common stockholders decreased from approximately $2.6 million in Q2 2024 to a loss of approximately $0.4 million in Q2 2025 [7]. - EBITDA for Q2 2025 was approximately $12.0 million, compared to $14.3 million in Q2 2024 [7]. Key Operating Metrics - RevPAR for the composite portfolio decreased by 5.4% to $130.20 in Q2 2025 from $137.67 in Q2 2024, driven by a 3.5% decrease in occupancy and a 1.9% decrease in average daily rate (ADR) [2][22]. - Occupancy rates for the composite portfolio were 70.8% in Q2 2025, down from 73.4% in Q2 2024 [22]. - ADR decreased to $183.88 in Q2 2025 from $187.51 in Q2 2024 [22]. Balance Sheet and Liquidity - As of June 30, 2025, the company had approximately $26.5 million in available cash, with $16.0 million reserved for various expenses [5]. - The company had outstanding debt of approximately $315.8 million at a weighted average interest rate of 5.89% [5]. Strategic Initiatives - The company is working on extending certain mortgages and refinancing hotels with significant equity to improve liquidity [4][5]. - A prospective sale of a parking garage in Atlanta for $17.75 million is expected to close in Q4 2025, which will provide additional liquidity [6][8]. Outlook - The company updated its 2025 guidance, projecting total revenues between $185.2 million and $188.2 million, with a net loss attributable to common stockholders ranging from $9.2 million to $8.6 million [9]. - The company remains cautious about demand in the lodging market, citing macroeconomic factors as potential catalysts for future improvement [5].