Lodging
Search documents
SUMMIT HOTEL PROPERTIES DECLARES FOURTH QUARTER 2025 DIVIDENDS
Prnewswire· 2026-01-22 21:30
AUSTIN, Texas, Jan. 22, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has declared, a cash dividend for the fourth quarter ended December 31, 2025, of $0.08 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The Company's fourth quarter common dividend represents an annualized dividend yield of 6. ...
Sotherly Hotels Inc. Stockholders Approve Merger Transaction
Globenewswire· 2026-01-22 20:00
WILLIAMSBURG, Va., Jan. 22, 2026 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (Nasdaq: SOHO) (“Sotherly” or the “Company”) today announced that the stockholders of the Company voted to approve the merger (the “Merger”) of the Company with KW Kingfisher LLC, a joint venture led and sponsored by affiliates of Kemmons Wilson Hospitality Partners, LP, with Ascendant Capital Partners LP serving as a strategic joint venture partner (collectively, the “Joint Venture”), under which the Joint Venture entity will acquire ...
What to Expect From Host Hotels & Resorts’ Q4 2025 Earnings Report
Yahoo Finance· 2026-01-22 16:10
Valued at a market cap of $12.8 billion, Host Hotels & Resorts, Inc. (HST) is a lodging real estate investment trust that owns a diversified portfolio of luxury and upper-upscale hotels. The Bethesda, Maryland-based company is scheduled to announce its fiscal Q4 earnings for 2025 after the market closes on Wednesday, Feb. 18. Ahead of this event, analysts expect this lodging REIT to report an FFO of $0.47 per share, up 6.8% from $0.44 per share in the year-ago quarter. The company has surpassed Wall Stre ...
SUNSTONE HOTEL INVESTORS SCHEDULES FOURTH QUARTER AND FULL YEAR 2025 EARNINGS RELEASE AND CONFERENCE CALL
Prnewswire· 2026-01-16 13:00
Core Viewpoint - Sunstone Hotel Investors, Inc. will report its financial results for Q4 and full year 2025 on February 27, 2026, before market opens [1] Financial Reporting - The quarterly conference call will take place on the same day at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time) [1] - A live webcast of the call will be available on the Company's Investor Relations website, and a transcript will be archived [2] Company Overview - Sunstone Hotel Investors, Inc. is a lodging real estate investment trust (REIT) focused on creating long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate [3]
Chatham Lodging Preferreds Yield 8.2% And Are About 12% Undervalued
Seeking Alpha· 2026-01-14 18:51
Group 1 - The Conservative Income Portfolio focuses on value stocks with high margins of safety and utilizes well-priced options to reduce volatility [1] - The Enhanced Equity Income Solutions Portfolio aims to generate yields of 7-9% while minimizing volatility [1] - The investment group Trapping Value, with over 40 years of combined experience, emphasizes capital preservation and income generation through various portfolios, including Covered Calls and Fixed Income [2] Group 2 - The recent shift in investment strategy has moved towards fixed income, particularly in Treasuries and Corporate bonds, with a notable tax-advantaged yield play available at a 40% discount [2] - The Covered Calls Portfolio is designed for lower volatility income investing, while the Fixed Income Portfolio targets securities with high income potential and significant undervaluation [2]
SUMMIT HOTEL PROPERTIES ANNOUNCES FOURTH QUARTER AND FULL YEAR 2025 EARNINGS RELEASE DATE
Prnewswire· 2026-01-12 22:00
Core Viewpoint - Summit Hotel Properties, Inc. will report its financial results for Q4 and the full year of 2025 on February 25, 2026, after market close, followed by a conference call on February 26, 2026, at 10:00 AM ET [1]. Company Overview - Summit Hotel Properties, Inc. is a publicly traded real estate investment trust (REIT) that focuses on owning premium-branded lodging facilities with efficient operating models, primarily in the upscale segment of the lodging industry [2]. - As of January 9, 2026, the company's portfolio includes 95 assets, with 52 wholly owned properties, totaling 14,348 guestrooms across 24 states [2]. Conference Call Information - To access the conference call, pre-registration is required, and registrants will receive confirmation with dial-in details [4]. - A live webcast of the conference call will be available, and a replay can be accessed on the company's website until May 1, 2026 [4].
Park Hotels & Resorts Inc. Issues Annual Corporate Responsibility Report and Provides Update on Corporate Responsibility Achievements
Businesswire· 2026-01-07 21:18
Core Insights - Park Hotels & Resorts Inc. has released its annual Corporate Responsibility (CR) Report, emphasizing its commitment to responsible risk management, environmental stewardship, and social responsibility initiatives for 2024 [1][2] Group 1: Corporate Responsibility Initiatives - The company achieved a Prime rating from ISS ESG Corporate Rating and was recognized by Newsweek in 2025 as one of America's Greatest Companies, Most Responsible Companies, Most Trustworthy Companies, and World's Most Trustworthy Companies [1][2] - Park's first hotel LEED certification was obtained from the renovation of Tapa Tower at Hilton Hawaiian Village Waikiki Beach Resort in Honolulu, HI in 2025 [1] Group 2: Environmental and Risk Management Practices - The company enhanced its environmental data practices, achieving limited assurance of its environmental data for both 2024 and its 2019 baseline [2] - Park's GRESB Real Estate Assessment score increased by six points to 87 in 2025, ranking in the top 17% of all publicly listed GRESB participant companies in the Americas [3] Group 3: Future Goals and Frameworks - The CR Report aligns with various global frameworks, including TCFD, SASB, UN Sustainable Development Goals, and Global Reporting Initiative [2] - Future initiatives include the potential for additional LEED certifications and the planned integration of Park's first solar PV panel project at Hilton Waikoloa Village in Hawaii [2]
Bill Ackman: Positioned for 2026: Ackman Doubles Down on Long-Duration Compounders
Acquirersmultiple· 2025-12-21 22:20
Core Insights - Pershing Square Capital Management, led by Bill Ackman, maintains a concentrated portfolio focused on high-conviction investments, emphasizing dominant franchises and long-duration cash flows [1][2] Portfolio Overview - The majority of capital is allocated to a few global compounders, with modest and selective position changes reflecting maintenance around core convictions rather than dramatic rotations [2][14] Key Holdings - **Uber Technologies (UBER)**: 30,270,518 shares valued at $2.97 billion, representing over 20% of the portfolio; slight reduction of 30,643 shares indicates rebalancing rather than a change in conviction [3][4] - **Brookfield Corp (BN)**: 41,020,231 shares valued at $2.81 billion, about 19% of assets; modest trim of 140,166 shares reinforces its status as a core compounding vehicle [5] - **Howard Hughes Holdings (HHH)**: 18,852,064 shares valued at $1.55 billion; unchanged position reflects patience in long-term real estate development strategy [6] - **Alphabet Inc. (GOOG)**: 6,324,031 shares valued at $1.54 billion; unchanged position highlights its role as a durable cash-generating franchise [7] - **Restaurant Brands International (QSR)**: 22,915,496 shares valued at $1.47 billion; slight reduction of 85,418 shares, yet remains a top holding with significant growth potential [8] - **Amazon.com (AMZN)**: 5,823,316 shares valued at $1.28 billion; unchanged position indicates confidence in long-term cash flow potential [9] - **Alphabet Inc. (GOOGL)**: 4,843,973 shares valued at $1.18 billion; reduction of 519,007 shares (-9.68%) reflects portfolio concentration management [10] - **Chipotle Mexican Grill (CMG)**: 21,541,177 shares valued at $844.2 million; unchanged position emphasizes operational excellence and brand-driven unit economics [11] - **Hilton Worldwide (HLT)**: 3,030,578 shares valued at $786.3 million; steady holding reflects confidence in asset-light lodging models [12] - **Seaport Entertainment Group (SEG)**: 5,023,780 shares valued at $115.1 million; stable position with no activity this quarter [13] Strategic Takeaways - The portfolio remains extremely concentrated, with the top five positions accounting for the majority of assets, reinforcing a preference for depth over breadth [14] - Changes in the portfolio were incremental, consisting mainly of small trims rather than aggressive repositioning [14] - High-quality compounders dominate the portfolio, with Uber, Brookfield, Alphabet, Amazon, and Chipotle anchoring it with durable cash flows [14] - Patience is a defining feature of the strategy, as minimal turnover and unchanged core positions reflect confidence in long-term investment theses [15]
Host Hotels & Resorts Announces Fourth Quarter 2025 Earnings Call to be Held on February 19, 2026
Globenewswire· 2025-12-10 21:30
Core Viewpoint - Host Hotels & Resorts, Inc. will report its fourth quarter 2025 financial results on February 18, 2026, after market close, followed by a conference call on February 19, 2026, at 10:00 a.m. ET to discuss the results and business outlook [1]. Group 1 - 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 74 properties in the United States and five properties internationally, totaling approximately 42,500 rooms [3]. - Host Hotels & Resorts also holds non-controlling interests in seven domestic joint ventures [3]. Group 2 - A replay of the conference call will be available from February 19, 2026, until May 6, 2026, via webcast on the company's website [2].
Park Hotels & Resorts Announces the Sale of Additional Non-Core Hotels and Provides Update on Non-Core Hotel Disposition Activity and Recent Operating Trends
Businesswire· 2025-12-09 11:30
Core Insights - Park Hotels & Resorts Inc. has made significant progress in its strategic priority to reshape its portfolio by divesting underperforming Non-Core hotels, with eight Non-Core hotels expected to generate approximately $198 million in gross proceeds at an average multiple of nearly 43x [4][6] - The company anticipates accelerating its Non-Core disposition strategy over the next 12 months, aiming to own one of the highest quality hotel portfolios in the sector, with an expected Comparable RevPAR of $218 [4] - Year-to-date, the company has sold or entered into agreements for five Non-Core hotels, with closed transactions including the sale of the 316-room Hyatt Centric Fisherman's Wharf and a joint venture interest in the 559-room Capital Hilton DC [6] Operational Highlights - The estimated 2025 average RevPAR and Adjusted Hotel EBITDA margin for the eight Non-Core hotels is projected to be $124 and 7%, respectively [6] - Preliminary November Comparable RevPAR increased approximately 2%, driven by strong results in Hawaii, New York, Denver, and Orlando, with increases of approximately 19%, 10%, 8%, and 6% respectively [6] - The Hilton Hawaiian Village Waikiki Beach Resort hotel in Honolulu reported significant RevPAR increases of 20% and 26% in October and November, contributing approximately 300 basis points to the portfolio's Comparable RevPAR growth [6] Company Overview - Park Hotels & Resorts is one of the largest publicly-traded lodging REITs, with a diverse portfolio of 37 premium-branded hotels and resorts, totaling approximately 24,000 rooms located primarily in prime city center and resort locations [9]