(MAR) Marriott International Analyst Maintains Neutral on Shares
We are maintaining our long-term Neutral recommendation on Marriott International Inc. (MAR), a worldwide operator and franchisor of a broad portfolio of hotels and related lodging facilities....
View Article(HOT) Starwood Hotels and Resorts Worldwide “W” Brand Hotels Reach Russia
Starwood Hotels and Resorts Worldwide Inc. (HOT) with its luxury boutique hotel brand W Hotels Worldwide is all set to expand its footprint in Russia, which is considered as one of the fastest growing...
View Article(RLH) Red Lion Sells Seattle Property
Red Lion Hotels Corporation (RLH) has closed the sale of its hotel in Seattle. An affiliate of Lowe Enterprises Investors has acquired the property for $71 million. The public sale process was handled...
View Article(IHG) InterContinental Hotels Group Renovates Sao Paulo Property
InterContinental Hotels Group (IHG) recently completed the first phase renovation at its Sao Paulo property. InterContinental Sao Paulo is one of the most renowned business-oriented properties in the...
View Article(H) Hyatt Hotels Expands in Malaysia
Hyatt Hotels Corporation (H) recently announced that one of its affiliates has signed a contract with Bahagia Investment Corporation (Malaysia) Sdn Bhd for the operation of Grand Hyatt Kuala Lumpur....
View Article(HOT) Starwood Hotels & Resorts Worldwide Enters Azerbaijan
Starwood Hotels & Resorts Worldwide Inc. (HOT) has signed an agreement with Silk Way Airlines LLC to open a Sheraton hotel in Azerbaijan. This marks Starwood’s debut in that country. Starwood plans...
View Article(HOT) Starwood Hotels & Resorts Worldwide Beefs Up Saudi Portfolio
Starwood Hotels & Resorts Worldwide Inc. (HOT) is set to further expand in the Kingdom of Saudi Arabia with two new hotels. The company has entered into a deal with Saudi Brothers Commercial Co. to...
View Article(HOT) Starwood Hotels & Resorts Worldwide Boosts China Portfolio
White Plains, New York-based Starwood Hotels & Resorts Worldwide Inc (HOT) recently announced its intention of opening seven new Sheraton hotels by the end of September this year, which is in line...
View Article(MAR) Marriott International and Timeshare to Split
Marriott International Inc. (MAR) is on track with the spin-off of its Timeshare business into a new publicly traded company. The transaction is expected to complete by year-end 2011. Marriott also...
View Article(WYN) Wyndham Worldwide – The Resort Under One Roof
Wyndham Worldwide Corporation (WYN) has recently acquired substantially all the assets of The Resort Company LLC (“TRC”), an established vacation rental and property management company plus owner of...
View Article(WYN) Wyndham Worldwide – Bull of the Day
Wyndham Worldwide’s (WYN) second quarter 2011 earnings were ahead of the Zacks Consensus Estimate, primarily due to strong operational performance at each of its three businesses, sound expense...
View Article(WYN) Wyndham Worldwide – Bull of the Day
Wyndham Worldwide’s (WYN) second quarter 2011 earnings were ahead of the Zacks Consensus Estimate, primarily due to strong operational performance at each of its three businesses, sound expense...
View Article(HOT) Hotels and Lodging Stock Outlook – September 2011 – Industry Outlook
The hotels and lodging industry is finally showing improvements, and seems poised for long-term growth, thanks to the gradual global economic recovery. The industry has been witnessing a return of...
View Article(MAR) Marriott International Beats on EPS and Revenue
Marriott International Inc. (MAR) reported third quarter 2011 earnings of 29 cents per share up 32% year over year. Earnings were also within the company’s guided range of 25 cents to 29 cents....
View Article(HOT) Hotels & Lodging Stock Outlook – January 2012 – Industry Outlook
The hotels and lodging industry shaped up pretty well in 2011 thanks to the gradual global economic recovery, and seems to be poised for long-term growth. With the return of business as well as leisure...
View Article(HOT) Starwood Hotels & Resorts Worldwide Shares Downgraded to Neutral
We have recently downgraded our rating on the shares of Starwood Hotels & Resorts Worldwide Inc. (HOT) to Neutral from Outperform due to a slowdown in 2012 RevPAR growth target in North America,...
View Article(HOT) Starwood Hotels & Resorts Worldwide To Open Aloft Property in California
Aloft, one of the new lifestyle brands of Starwood Hotels & Resorts Worldwide Inc. (HOT) is set to unveil a property in Cupertino, California in early 2013. The upcoming property will mark the...
View Article(MAR) Marriott International to Binge on Caribbean
Marriott International Inc. (MAR) recently revealed its intention to double is presence in the Caribbean and Latin America by 2017. Currently, Marriott operates 69 hotels in 25 countries in that...
View Article(MAR) Marriot International Reports a Penny Ahead – Raises Outlook
Marriott International Inc. (MAR) reported first quarter 2012 earnings of 30 cents per share, beating the Zacks Consensus Estimate by a penny. Moreover, quarterly earnings were 30% higher than the...
View Article(H) Hyatt to Revisit Puerto Rico
Hyatt Hotels Corporation (H) recently announced that a Hyatt affiliate entered into a management agreement with an affiliate of Island Hospitality Partners, LLC to unveil Hyatt Place Bayamón and El...
View Article