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X @BBC News (World)
BBC News (World)· 2025-07-15 07:59
Clayton and Maldron hotels sold to Scandinavian group https://t.co/kKecFwVcql ...
X @Bloomberg
Bloomberg· 2025-07-15 05:30
A consortium including Pandox and Eiendomsspar has made a new €1.4 billion offer for Dalata Hotel Group, which the board of Dalata intends to recommend unanimously https://t.co/OHioemOBCB ...
IHT DECLARES 55TH CONSECUTIVE ANNUAL DIVIDEND; ANNUAL PROXY FILED
Globenewswire· 2025-07-14 21:27
Core Viewpoint - InnSuites Hospitality Trust (IHT) continues to demonstrate strong performance in its hotel operations and diversification investments, maintaining a long history of dividend payments and achieving record revenues in the current fiscal year [1][2][5]. Group 1: Dividend and Financial Performance - The Board of Trustees of IHT announced a semi-annual dividend of $0.01 per share, payable on August 7, 2025, marking 55 years of uninterrupted annual dividends [1]. - IHT's hotel operations have shown solid performance in the 2026 Fiscal Year, with record revenue results from both the Tucson Hotel and Albuquerque Hotel [2]. - Hospitality revenues for the first five months of the 2026 Fiscal Year reached all-time record levels, contributing to profitability in three of the last four fiscal years [5]. Group 2: Investments and Future Outlook - IHT has made a diversification investment in UniGen Power, Inc., which is developing efficient clean energy generation technology, with IHT potentially holding a 15-20% ownership stake upon full conversion of its investments [4]. - The prototype design engineering for UniGen's UPI 1000TA engine is 61% complete, with ongoing efforts to secure additional financing [4]. - The company believes that its real estate holdings are valued significantly below current market value, indicating a positive outlook for future growth [5]. Group 3: Shareholder Meeting - The Fiscal 2025 Annual Meeting of Shareholders is scheduled for August 14, 2025, at IHT's corporate offices, with shareholders of record as of July 3, 2025, entitled to vote [3].
Marriott International Announces Retirement of Leeny Oberg, Chief Financial Officer and EVP, Development, in 2026
Prnewswire· 2025-07-14 20:06
BETHESDA, Md., July 14, 2025 /PRNewswire/ -- Marriott International (Nasdaq: MAR) today announced that after 26 years with the company, Leeny Oberg, Marriott's Chief Financial Officer and Executive Vice President, Development, has decided to retire effective March 31, 2026. Two long-time Marriott veterans have been named her successors. Next year, Jen Mason will become the company's Chief Financial Officer and Shawn Hill will take on the role of Chief Development Officer. L-R: Leeny Oberg, Jen Mason, S ...
Wyndham Partners with Cygnett to Introduce La Quinta and Registry Collection Hotels in India
Prnewswire· 2025-07-14 12:00
Core Insights - Wyndham Hotels & Resorts has partnered with Cygnett, an Indian hospitality group, to address the increasing travel demand in India, where domestic travel spending reached USD 186 billion last year and is expected to grow by 12% annually [1][2] Group 1: Partnership and Growth Strategy - The partnership marks a significant step in Wyndham's growth strategy in Eurasia, with India identified as a key strategic market [2] - Wyndham and Cygnett have signed a 10-year exclusive development agreement to introduce La Quinta by Wyndham across India, Nepal, Sri Lanka, and Bangladesh, with plans to open over 50 hotels by the end of 2026 [3] - The La Quinta brand is recognized for its modern amenities and value, catering to both business and leisure travelers in the upper midscale segment [3] Group 2: Luxury Offerings - In addition to La Quinta, Wyndham and Cygnett will introduce Registry Collection Hotels in India through a non-exclusive 10-year agreement for 10 hotels, co-branded under Cygnett's luxury brand Anamore [4] - The first Registry Collection hotel is expected to open as early as 2026, focusing on delivering unique boutique and luxury experiences [4] Group 3: Market Position and Resources - Wyndham currently operates over 70 hotels in India, Nepal, Sri Lanka, and Bangladesh, including well-known brands like Ramada and Howard Johnson [6] - The company has invested nearly USD 350 million in innovative technology since 2018, providing franchisees with access to advanced property management systems and a member base of over 115 million Wyndham Rewards members globally [5]
GeoPark: Picking The Right Location To Strengthen Valuation
Seeking Alpha· 2025-07-12 18:05
Group 1 - The article discusses the importance of strategizing to counter external risks and price volatility in the oil and gas market when considering potential portfolio additions [1] - The author has nearly two decades of experience in the logistics sector and focuses on stock investing and macroeconomic analysis, particularly in ASEAN and NYSE/NASDAQ stocks [1] - The author emphasizes the diversification of investments across various industries and market cap sizes, including banking, telecommunications, logistics, and hotels [1] Group 2 - The author began trading in the Philippine stock market in 2014, initially investing in blue-chip companies and later expanding to different sectors [1] - The entry into the US market occurred in 2020, with the author gaining insights through a relative's trading account before opening their own [1] - The author has been utilizing analyses from Seeking Alpha to compare with their own research in the Philippine market since discovering the platform in 2018 [1]
BROAD ARROW ANNOUNCES INAUGURAL LAS VEGAS AUCTION IN PARTNERSHIP WITH CONCOURS AT WYNN LAS VEGAS
Globenewswire· 2025-07-11 15:10
Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, is set to host The Las Vegas Auction on October 31, 2025, featuring approximately 70 collector cars, marking a significant event in the luxury auction calendar [1][2] - The auction is part of a broader partnership with Concours at Wynn Las Vegas, which will showcase over 250 unique automobiles from October 31 to November 2, 2025 [1][2] - This event is part of Broad Arrow's strategic expansion, with additional auctions planned in Belgium and Switzerland, highlighting the company's growth in both North America and Europe [2][3] Company Overview - Broad Arrow Auctions was founded in 2021 and has quickly established itself as a leading global collector car auction house, known for high-quality vehicles [8] - The company has achieved notable success in North America, with flagship auctions such as the Monterey Jet Center Auction generating $71.5 million in 2024 and the Amelia Auction achieving $61.7 million in 2025, both with high sell-through rates [3] - Broad Arrow has expanded its global footprint, recently launching its first European auction in partnership with BMW AG, achieving €31.2 million in total sales [3][8] Event Details - The Las Vegas Auction will be one of three live auctions conducted by Broad Arrow in October and November, emphasizing the company's commitment to expanding its auction presence [2][3] - The event is expected to attract significant client interest due to Las Vegas's reputation as a luxury destination and its proximity to collector car communities [2] - Initial consignments for the auction will be announced soon, inviting collectors to participate in this high-profile event [4]
Heineken: The Market Should Be Sober Enough To Appreciate Its Growth And Sustainability
Seeking Alpha· 2025-07-11 07:58
Group 1 - The logistics sector has seen significant engagement from investors, particularly in the ASEAN and US markets, highlighting its growth potential [1] - Investment diversification strategies have shifted towards stock markets, with a notable increase in interest in insurance companies in the Philippines since 2014 [1] - The trend of investing in blue-chip companies has evolved, leading to a broader portfolio across various industries and market capitalizations [1] Group 2 - The US market has become a focus for investors, with a notable entry in 2020, indicating a growing interest in international investment opportunities [1] - The use of analytical platforms like Seeking Alpha has facilitated knowledge sharing and comparative analysis between different markets, enhancing investment strategies [1] - Holdings in sectors such as banking, hotels, shipping, and logistics are prevalent, reflecting a diversified investment approach [1]
Helmerich & Payne: Growth Prospects Are Still Rosy Despite The Challenges
Seeking Alpha· 2025-07-10 17:23
Group 1 - The logistics sector has seen significant engagement from investors, particularly in the ASEAN and US markets [1] - Investment diversification has become a strategy for individuals, moving away from traditional savings in banks and properties [1] - The popularity of insurance companies in the Philippines has influenced investment choices since 2014 [1] Group 2 - The focus on blue-chip companies has evolved into a broader investment strategy across various industries and market capitalizations [1] - The US market has been entered by investors, with a notable increase in awareness and engagement over the past four years [1] - The use of analytical tools and comparisons between different markets, such as the US and PH markets, has become a common practice among investors [1]
5 Sector ETFs Set to Power Q2 Earnings Growth
ZACKS· 2025-07-10 16:00
Core Insights - The second-quarter 2025 earnings season is expected to show resilience and an improving outlook for the banking sector and overall market [1] - Total S&P 500 earnings are projected to increase by 4.9% year-over-year, driven by a 3.9% rise in revenues [2] - Nine out of sixteen Zacks sectors are anticipated to report earnings growth, with Consumer Discretionary leading at 105.6% [3] Sector Performance - Consumer Discretionary sector is expected to see the highest earnings growth at 105.6%, followed by Aerospace at 15.1%, Technology at 11.8%, Finance at 7.8%, and Utilities at 7.7% [3] - The "Magnificent 7" companies are projected to have an 11.3% increase in earnings with an 11.2% rise in revenues compared to the same period last year [3] ETF Highlights - Consumer Discretionary Select Sector SPDR Fund (XLY) has an AUM of $22.5 billion and an expense ratio of 0.08% [5] - iShares U.S. Aerospace & Defense ETF (ITA) holds $8.4 billion in AUM with an expense ratio of 0.40% [6] - Vanguard Information Technology ETF (VGT) manages $95 billion in assets and has an expense ratio of 0.09% [7] - Financial Select Sector SPDR Fund (XLF) has an AUM of $51.3 billion and charges 0.08% in annual fees [8] - Utilities Select Sector SPDR (XLU) has an AUM of $19.1 billion and an expense ratio of 0.08% [9]