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Zh International says Henan Xinghan makes three successful bids for land use rights

9:31am EDT

Sept 20 (Reuters) - Zh International Holdings Ltd <0185.HK>:Henan xinghan, an indirect wholly-owned subsidiary of company, made three successful bids for land use rights.Bid for transfer of state-owned land use rights at consideration of RMB106.2 million, RMB65.3 million and RMB130.5 million respectively.Unit made bids through listing for sale process in auction held by dengfeng bureau of land and resources for transfer of state-owned land use rights.Zensun entered into three loan agreements with Henan Xinghan.Proceeds from financial assistance will be used to finance acquisitions and development of land parcels.

Accor to deliver above-industry growth says Goldman Sachs

3:47am EDT

Sept 20 (Reuters) - Accorhotels :GOLDMAN SACHS EXPECTS ACCOR TO DELIVER ABOVE-INDUSTRY GROWTH, SUPPORTED MAINLY BY MOMENTUM IN FRANCE.GOLDMAN SACHS EXPECTS TO DELIVER CONTINUING GROWTH ACCELERATION, WITH 5.1 PERCENT LFL GROWTH IN 2017- 19E VERSUS. 3 PCT OVER PAST THREE YEARS.AS RESULT OF PROPCO SPIN-OFF, EXPECT ACCOR TO HAVE 2.1-3.7 BILLION EUROS OF CASH TO DEPLOY IN THE MID-TERM, PROVIDING SCOPE FOR INCREASED SHAREHOLDER CASH RETURNS OR INCREASES IN ORGANIC OR INORGANIC GROWTH.OVERALL, ACCOR’S 14 PERCENT EARNINGS GROWTH FORECAST COMPARES WITH 8 PERCENT FOR OUR HOTELS COVERAGE, WHILE THE STOCK TRADES AT A 5 PCT DISCOUNT TO GOLDMAN SACHS COVERAGE AVERAGE.

Marriott Vacations Worldwide proposes private offering of $200 mln of convertible senior notes

Tuesday, 19 Sep 2017 04:06pm EDT

Sept 19 (Reuters) - Marriott Vacations Worldwide Corp :Marriott Vacations Worldwide proposes private offering of $200 million of convertible senior notes.Marriott Vacations Worldwide -‍ Intends to offer $200 million aggregate principal amount of convertible senior notes due 2022 in a private offering​.Marriott Vacations - Also expects to grant to initial purchasers of notes option to purchase up to additional $30 million aggregate principal amount of notes.Marriott Vacations Worldwide - Co expects to use up to about $60 million of net proceeds from offering to repurchase shares of company's common stock.

Huatian Hotel Group elects chairman, vice chairman

Tuesday, 19 Sep 2017 08:40am EDT

Sept 19 (Reuters) - Huatian Hotel Group Co Ltd <000428.SZ>:Says board elects Jiang Liya as chairman, Hou Yue as vice chairman.

Marriott Vacations Worldwide provides Hurricane Irma update

Tuesday, 19 Sep 2017 08:00am EDT

Sept 19 (Reuters) - Marriott Vacations Worldwide Corp :Marriott Vacations Worldwide provides Hurricane Irma update.Marriott Vacations Worldwide - expects 2017 contract sales,rental, ancillary revenues could be negatively impacted by about $16 million to $20 million​.Marriott Vacations Worldwide -based on preliminary assessments of impacts of Irma​ ‍sees FY net income could be negatively impacted by abt $6 million to $8 million.Marriott Vacations - ‍expects 2017 net cash provided by operating activities, adjusted free cash flow could be negatively impacted by abt $10 million to $13 million​.Marriott Vacations Worldwide Corp - ‍company is also still estimating impact of property damage to all of its resorts​.

Marriott Vacations Worldwide provides Hurricane Irma update

Tuesday, 19 Sep 2017 08:00am EDT

Sept 19 (Reuters) - Marriott Vacations Worldwide Corp ::Says 2017 contract sales could be negatively impacted by about $16 million-$20 million​.Marriott Vacations Worldwide provides Hurricane Irma update.Says based on preliminary assessments of impacts of Irma​ ‍sees FY net income could be negatively impacted by abt $6 million to $8 million.Says ‍expects 2017 net cash provided by operating activities, adjusted free cash flow could be negatively impacted by abt $10 million to $13 million​.Says ‍company is also still estimating impact of property damage to all of its resorts​.

Yong Pyong Resort changes CEO to Shin Dal Soon

Tuesday, 19 Sep 2017 05:52am EDT

Sept 19 (Reuters) - Yong Pyong Resort Corp <070960.KS> : :* Says it changed CEO of the co to Shin Dal Soon from Jung Chang Ju, due to Jung Chang Ju's resignation.

Pan Malaysia Holdings appoints Wong Shuk Fuen as chief financial officer

Monday, 18 Sep 2017 06:09am EDT

Sept 18 (Reuters) - Pan Malaysia Holdings Bhd :Appoints Wong Shuk Fuen as chief financial officer.

India's Viceroy Hotels June-qtr loss narrows

Thursday, 14 Sep 2017 07:37am EDT

Sept 14 (Reuters) - Viceroy Hotels Ltd :June quarter net loss 404,000 rupees versus loss 25.8 million rupees year ago.June quarter total income from operations 187.1 million rupees versus 190.6 million rupees year ago.

Supreme Holdings & Hospitality (India) posts June qtr profit

Thursday, 14 Sep 2017 07:23am EDT

Sept 14 (Reuters) - India's Supreme Holdings & Hospitality (India) Ltd :June quarter profit 4.3 million rupees versus loss 520,000 rupees year ago.June quarter total revenue 100.6 million rupees versus 13,000 rupees year ago.

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