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Hotels, Motels & Cruise Lines

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Shangri-la Asia issues profit alert

Friday, 9 Dec 2016 04:30am EST

Shangri-la Asia Ltd <0069.HK> : expects group consol profit before non-operating items attributable for fy ending 31 dec 2016 will increase by at least 25% . improvement in group's net profit is due to substantial reduction in operation losses of hotel ownership segment in mainland china .expects to record decline in consol profit attributable to equity holders of co after non-operating items for year ending 31 dec 2016.

Peak Resorts reports results for second quarter FY2017

Thursday, 8 Dec 2016 07:30am EST

Peak Resorts Inc - : Q2 earnings per share view $-0.59, revenue view $8.7 million -- Thomson Reuters I/B/E/S . Sees revisiting ability to issue a dividend once eb-5 funds are released from escrow and financial covenants are met . Peak Resorts reports results for second quarter fy2017 . Q2 loss per share $0.57 . Q2 revenue $8.5 million versus i/b/e/s view $8.7 million .Q2 earnings per share view $-0.59 -- Thomson Reuters I/B/E/S.

Banyan Tree Holdings enters into two binding term sheets

Wednesday, 7 Dec 2016 05:43pm EST

Banyan Tree Holdings Limited : Banyan Tree Holdings Limited (Entry Into Term Sheets With Accor S.A.) .Has entered into two binding term sheets with Accor S.A. and together with BTH.

Royal Caribbean Cruises approved to begin Cuba service

Wednesday, 7 Dec 2016 01:35pm EST

Royal Caribbean Cruises Ltd : Royal Caribbean Cruises Ltd. approved to begin Cuba service . Plans to announce its first Florida-Cuba itineraries in near future .Florida-Havana routes are being planned.

Norwegian Cruise Line Holdings brands all get approval to sail to Cuba

Wednesday, 7 Dec 2016 01:34pm EST

Norwegian Cruise Line Holdings Ltd : Norwegian Cruise Line Holdings Ltd brands all receive approval to sail to Cuba . Voyages in spring 2017 that include calls on Cuba's capital of Havana .Has received approval from government of republic of Cuba to operate cruises to Cuba, beginning March 2017.

Lantern Hotel Group Ltd updates on sale of Waterworks Hotel, Botany, NSW

Tuesday, 6 Dec 2016 01:05am EST

Lantern Hotel Group Ltd : Lantern hotel- sale price of $17.228m represents a 65% premium to 30 june 2016 book value and completion of sale is expected to occur in february 2017 . Has entered into contracts for sale of freehold and business of waterworks hotel .Lantern hotel group ltd - sale of waterworks hotel, botany, nsw-ltn.ax.

NH Hotel's new deal with Gihsa to bring around 7.2 mln euros in 2017

Monday, 5 Dec 2016 07:51am EST

NH Hotel Group SA : Says new deal with Grupo Inversor Hesperia (Gihsa) to bring in 2017 around 7.2 million euros ($7.7 million) . To rebrand urban hotels of Gihsa to NH brand .To pay 31 million euros for early termination of current contract with Gihsa.

NCL announces cash tender offer for its 5.25% senior notes due 2019

Monday, 5 Dec 2016 07:37am EST

Norwegian Cruise Line Holdings Ltd: NCL Corporation Ltd announces cash tender offer for its 5.25% senior notes due 2019 . Norwegian Cruise Line Holdings - commenced a cash tender offer to purchase any and all of its outstanding 5.25% senior notes due 2019 of $680.0 million .Tender offer will expire at 5:00 p.m., New York City time, on December 9, 2016.

Shanghai Jin Jiang International announces establishment of JV

Monday, 5 Dec 2016 07:20am EST

Shanghai Jin Jiang International <2006.HK> : announcement Connected Transaction Establishment Of Joint Venture Wehotel . each of company and jin jiang hotels development shall make a capital contribution of rmb100 million, holding 10% equity interest . company entered into shareholders' agreement with jin jiang hotels development, jin jiang capital, & others . pursuant to agreement, parties shall co-invest an aggregate capital contribution of rmb1,000 million to establish a jv company known as wehotel .Shanghai jin jiang international hotels group-shareholders agreement also withunionpay venture, tibet hony, guosheng investment & qualified investors.

Asian Hotels North posts Sept-qtr loss

Monday, 5 Dec 2016 07:19am EST

Asian Hotels North Ltd : Sept quarter net loss 17.1 million rupees versus profit 26.6 million rupees year ago .Sept quarter net sales 499.5 million rupees versus 468.2 million rupees year ago.

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