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Hotels, Motels & Cruise Lines

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Playa Hotels & Resorts incurred no significant damage from Maria

Thursday, 21 Sep 2017 06:00pm EDT

Sept 21 (Reuters) - Playa Hotels & Resorts NV :Playa Hotels & Resorts incurred no significant damage from Maria.Playa Hotels & Resorts NV - ‍playa's three resorts in Dominican Republic sustained minor impact.Playa Hotels & Resorts NV - ‍dreams Punta Cana was impacted more heavily and will remain closed for 3-4 days​.

Hainan Dadonghai Tourism's biggest shareholder, unit have bought combined 10.6 mln A-shares

Thursday, 21 Sep 2017 07:46am EDT

Sept 21 (Reuters) - Hainan Dadonghai Tourism Centre Holdings Co Ltd <000613.SZ>200613.SZ:Says biggest shareholder, unit have bought a combined 10.6 million A-shares in the company between Aug 28 and Sept 21 for about 103.9 million yuan ($15.77 million).

Fujita Kanko to sell Osaka-based property

Thursday, 21 Sep 2017 02:06am EDT

Sept 21 (Reuters) - Fujita Kanko Inc <9722.T>:Says it plans to sell Osaka-based property at an undisclosed price, on Sept. 25.Says gains from sale of the property is 1.81 billion yen.

FX Hotels Group appoints Welly Jamin as new general manager

Thursday, 21 Sep 2017 02:02am EDT

Sept 21(Reuters) - FX Hotels Group Inc <2724.TWO> ::* Says it appoints Welly Jamin as new general manager, effective since Sept. 15.

FX Hotels Group appoints Chung Sheng Young as new chairman

Thursday, 21 Sep 2017 01:59am EDT

Sept 21(Reuters) - FX Hotels Group Inc <2724.TWO> ::* Says it appoints Chung Sheng Young as new chairman, effective since Sept. 15.

Hilton Grand Vacations announces pricing of secondary common stock offering

Wednesday, 20 Sep 2017 05:29pm EDT

Sept 20 (Reuters) - Hilton Grand Vacations Inc :Hilton Grand Vacations announces pricing of secondary common stock offering.Hilton Grand Vacations - Blackstone Group L.P. informed HGV that have agreed to sell 5.1 million shares of HGV common stock at price per share of $35.91.

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

Wednesday, 20 Sep 2017 09:31am 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

Wednesday, 20 Sep 2017 03:47am 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.

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