Earnings Dividends & Forecasts

Minor plans US$1.1 billion expansion

Thailand’s Minor International plans to invest 40 billion baht (US$1.13 billion) over the next five years in a major expansion… Read More »Minor plans US$1.1 billion expansion

Dutch hospitality on the rise

The Dutch hospitality industry – which includes hotels, bars, restaurants, cafes and snack bars – experienced a 5.7% increase in… Read More »Dutch hospitality on the rise

IHG profit surges

InterContinental Hotels Group announced a surge in annual net profits after offloading establishments in Paris and Hong Kong, while a… Read More »IHG profit surges

Sheraton accelerates growth in Asia Pacific

Sheraton Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, announced accelerated growth plans for Asia Pacific, continuing its… Read More »Sheraton accelerates growth in Asia Pacific

Sun International profit falls

South African hotel chain Sun International reported a 19 percent fall in half-year profit, in line with its own forecast,… Read More »Sun International profit falls

Marriott International revenue up 4%

Marriott International reported a four percent rise in quarterly revenue, boosted by higher room rates in North America. Net income… Read More »Marriott International revenue up 4%

HK Disneyland falls back into red

After three years of profit, Hong Kong Disneyland is back in the red for the fiscal year ending October 2015… Read More »HK Disneyland falls back into red

Preferred Hotels marks milestones

Preferred Hotels & Resorts, which claims to be the world’s largest global provider of sales, marketing and distribution services to… Read More »Preferred Hotels marks milestones

Hotel Lotte US$5 billion IPO approved

South Korea’s stock exchange has approved Hotel Lotte Co Ltd’s plan for an initial public offering, Reuters reported. Hotel Lotte… Read More »Hotel Lotte US$5 billion IPO approved

Marriott powers ahead

Marriott International said that 2015 was an outstanding year for hotel owners selecting Marriott to manage or franchise new hotels… Read More »Marriott powers ahead

Paris attacks hurt UA revenue

United Airlines said its passenger unit revenue may have fallen more than expected in the fourth quarter just ended after… Read More »Paris attacks hurt UA revenue

Profit falls 19pc at Paris hotels

Year-on-year profit per room at full-service hotels in Paris dropped by 19 percent this month, as the terrorist attacks, which… Read More »Profit falls 19pc at Paris hotels

IHG opens hotel number 5,000

InterContinental Hotels Group?unveils the?Hotel Indigo?Lower East Side New York?as its 5,000th?hotel globally. The latest hotel is a joint venture between… Read More »IHG opens hotel number 5,000

Hotel stocks fall after JPM’s bearish comments

Hotel operators declined after J.P. Morgan analysts warned that US RevPAR growth will continue to decelerate, Reuters reported. It is… Read More »Hotel stocks fall after JPM’s bearish comments

US hotel construction down

US construction spending fell in November for the first time in 17 months, reflecting weakness in spending on hotel and… Read More »US hotel construction down

Scandic Hotels sets IPO price

Nordic hotel chain Scandic Hotels has set the price for its initial public offering at 67 crowns per share giving… Read More »Scandic Hotels sets IPO price

Hotel shares fall after US travel alert

Travel-related companie? stocks are down after the US State Department issued a global alert for Americans planning to travel following… Read More »Hotel shares fall after US travel alert

Investment group eyes further hotel expansion in Japan

US alternate asset manager Fortress Investment Group, which has pumped in about US$180 million from a new fund into Japan… Read More »Investment group eyes further hotel expansion in Japan