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Hotels, Motels & Cruise Lines

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Indian Hotels Co says Rakesh Sarna resigns as MD, CEO

Friday, 26 May 2017 08:41am EDT

May 26 (Reuters) - Indian Hotels Company Ltd :Says resignation of Rakesh Sarna as managing director & CEO of the company w.e.f. September 30, 2017.

Indian Hotels Company March-qtr profit falls about 54 pct

Friday, 26 May 2017 08:22am EDT

May 26 (Reuters) - Indian Hotels Company Ltd ::March quarter profit 311.6 million rupees.Says recommended dividend of inr 0.35 per share.March quarter total income 7.25 billion rupees.Says approved amalgamation of Tifco Holdings into co.Profit in March quarter last year was INR 685.7 million as per IND-AS; total income INR 7.08 billion.Says in 2017/18 co to open hotels at Taj Andamans, Rishikesh, Shimla and Tirupati.

Kamat Hotels (India) March-qtr profit rises

Friday, 26 May 2017 05:07am EDT

May 26 (Reuters) - Kamat Hotels (India) Ltd :March quarter net profit 150.5 million rupees versus 73.3 million rupees year ago.March quarter total income 443.2 million rupees versus 446.1 million rupees year ago.Says Smita Nanda appointed as CFO.

India's Hotel Leelaventure posts March-qtr profit

Thursday, 25 May 2017 06:06am EDT

May 25 (Reuters) - Hotel Leelaventure Ltd ::March quarter net profit 134.2 million rupees.March quarter net sales 1.98 billion rupees.Net loss in March quarter last year was 2.29 billion rupees; net sales was 1.94 billion rupees.

Stamford Land Corporation posts qtrly net profit of S$8.9 mln

Thursday, 25 May 2017 05:26am EDT

May 25 (Reuters) - Stamford Land Corporation Ltd ::Qtrly revenue S$166 million versus S$60.5 million.Qtrly net profit attributable S$8.9 million versus net loss attributable of S$5 million.Proposed final dividend 1.0 Singapore cent per share.

Palm Eco-Town Development unit to use 70 mln yuan to jointly set up tourism development JV

Wednesday, 24 May 2017 02:39am EDT

May 24 (Reuters) - Palm Eco-Town Development Co Ltd <002431.SZ> ::* Says its wholly owned subsidiary plans to use 70 million yuan to set up a tourism development JV with partner, to help Yanming lake scenic spot resource recycle and tourism development .

Palm Eco-Town Development and unit plan bay scenic area development investment JV

Wednesday, 24 May 2017 02:06am EDT

May 24 (Reuters) - Palm Eco-Town Development Co Ltd <002431.SZ> ::* Says it and unit will invest 334.8 million yuan to set up a bay scenic area development investment JV with partners .* Says it and unit will hold 90 percent stake in the JV in total .

Regal Hotels International says Full Season entered into LOI

Tuesday, 23 May 2017 10:23am EDT

May 23 (Reuters) - Regal Hotels International Holdings Ltd <0078.HK>:Full Season entered into LOI with potential JV partner.Pursuant to LOI, full season shall, pay a deposit of US$1 million to an escrow agent.LOI in relation to possible cooperation on a property development project in New York.

Compagnie des Alpes H1 net income group share up at 58.3 million euros

Tuesday, 23 May 2017 02:17am EDT

May 23 (Reuters) - COMPAGNIE DES ALPES SA ::H1 REVENUE EUR 460.1‍​ MILLION VERSUS EUR 443.7 MILLION YEAR AGO.H1 OPERATING INCOME EUR 100.3‍​ MILLION VERSUS EUR 98.1 MILLION YEAR AGO.H1 NET INCOME GROUP SHARE EUR 58.3 MILLION VERSUS EUR 54.5 MILLION YEAR AGO.H1 OPERATING FREE CASH-FLOW UP BY 39.5 PERCENT AT EUR 87.1 MILLION.SEES IN SKI AREA FY GROWTH EXCEED 3.5 PERCENT AND CONFIRMS REACHING SLIGHTLY HIGHER EBITDA MARGIN TARGET.SEES FY LEISURE PARKS GROWTH AT SLIGHTLY HIGHER THAN LAST YEAR.

Easyhotel says full year trading is on track to meet board's expectations

Tuesday, 23 May 2017 02:00am EDT

May 23 (Reuters) - Easyhotel Plc ::HY total revenue up 21.2% to 3.14 million pounds.Full year trading is on track to meet board's expectations.Hy profit before tax down to 0.06 million pounds.Hy like-for-like revenue for owned hotels increased by 17.4% and for franchised hotels by 6.8%.Hy interim dividend of 0.11p per share."Full year trading is on track to meet board's expectations.".

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