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Hotels, Motels & Cruise Lines

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Belmond Ltd Q2 loss per share $0.05

Monday, 7 Aug 2017 05:00pm EDT

Aug 7 (Reuters) - Belmond Ltd :Belmond Ltd reports second quarter 2017 results.Q2 adjusted earnings per share $0.19 from continuing operations.Q2 loss per share $0.05.Q2 earnings per share view $0.11 -- Thomson Reuters I/B/E/S.Q2 revenue $165.9 million versus I/B/E/S view $168.5 million.Belmond Ltd qtrly ‍same store revenue per available room up 9% over prior-year quarter; up 8% on a constant currency basis​.Belmond Ltd - ‍maintains full year 2017 same store, constant currency revpar guidance​.Belmond Ltd - ‍expect that strong demand we have seen for Europe and North America should continue into Q3​.Belmond Ltd - ‍looking ahead, we are maintaining our guidance for full year 2017 same store, constant currency RevPAR growth of between 1% and 5%​.Belmond Ltd - ‍in Q2 of 2017, company recorded an $8.2 million impairment charge relating to property, plant and equipment​.

Hongkong and Shanghai Hotels says HY underlying profit attributable up 19 pct

Friday, 4 Aug 2017 12:10am EDT

Aug 4 (Reuters) - Hongkong And Shanghai Hotels Ltd <0045.HK>::HY underlying profit attributable to shareholders HK$181 million versus HK$152 million.HY revenue HK$2,596 million versus HK$2,606 million.Interim dividend of 4 HK cents per share.In terms of shorter-term outlook, it appears that hotel, high-end retail & high-end residential leasing markets in HK have stabilised."We are watching impact of U.S. travel policies and geographical developments on our business from middle east".

Guangzhou Lingnan Group Holdings sees H1 FY 2017 net profit up 262 pct to 290 pct

Monday, 17 Jul 2017 03:06am EDT

July 17 (Reuters) - Guangzhou Lingnan Group Holdings Co Ltd <000524.SZ>:* Sees H1 FY 2017 net profit to increase by 262 percent to 290 percent, or to be 77 million yuan to 83 million yuan.* Says H1 FY 2016 net profit was 21.3 million yuan (before reorganization).* Says that inclusion of new companies and improved profitability as main reasons for the forecast.

Hainan Dadonghai Tourism Centre Holdings sees H1 FY 2017 net profit to be 1.5-1.9 mln yuan

Thursday, 13 Jul 2017 05:25am EDT

July 13 (Reuters) - Hainan Dadonghai Tourism Centre Holdings Co Ltd <000613.SZ> ::* Sees H1 FY 2017 net profit to be 1.5 million yuan to 1.9 million yuan.* Says H1 FY 2016 net profit was 0.17 million yuan.* Says cost control and increased revenue from main business as main reasons for the forecast.

Royal Hotel says integration of units

Monday, 10 Jul 2017 03:23am EDT

July 10 (Reuters) - Royal Hotel Ltd <9713.T>:Says it plans to establish two new units to take over hotel business of a Hiroshima-based unit and a Kokura-based unit respectively on Sept. 1.Says the Hiroshima-based unit and the Kokura-based unit will be dissolved after integration.Says the co will forgive about 15.8 billion debts borrowed by the Hiroshima-based unit and the Kokura-based unit .

Royal Hotel to merge with wholly owned unit

Monday, 10 Jul 2017 03:10am EDT

July 10 (Reuters) - Royal Hotel Ltd <9713.T>:Says it plans to merge with Osaka-based real estate wholly owned unit on Sept. 1.Says the unit will be dissolved after merger.

Genting Hong Kong updates on incident at Resorts World Manila

Wednesday, 21 Jun 2017 05:37am EDT

June 21 (Reuters) - Genting Hong Kong Ltd <0678.HK>:Noted incident on 2 june at resorts world manila, where a robbery/arson incident occurred resulting in a number of deaths and injuries.Board is closely monitoring aftermath and investigations of incident and will continue to assess its impact on co and its business.Resorts world manila is operated by travellers international hotel group, an associate of company.On 13 june, noted that Philippine Amusement And Gaming Corporation issued order suspending provisional license of travellers (associate) to operate gaming facilities.

Red Lion Hotels Q1 revenue $40 million

Monday, 8 May 2017 04:05pm EDT

May 8 (Reuters) - Red Lion Hotels Corp ::RLHC reports first quarter 2017 results.Q1 loss per share $0.18.Q1 revenue $40 million.Red Lion Hotels Corp says franchise revenue in quarter rose to $10.9 million from $3.3 million in Q1 of 2016.Red Lion Hotels Corp says Q1 total hotel division revenue increased to $25.6 million from $25.3 million year over year.

Wyndham Worldwide Q1 adjusted earnings per share $1.14

Wednesday, 26 Apr 2017 06:30am EDT

April 26 (Reuters) - Wyndham Worldwide Corp ::Wyndham Worldwide reports first quarter 2017 results.Q1 earnings per share $1.33.Q1 revenue $1.3 billion versus I/B/E/S view $1.32 billion.Q1 earnings per share view $1.10 -- Thomson Reuters I/B/E/S.Q1 adjusted earnings per share $1.14.Wyndham Worldwide Corp- Q1 domestic same-store revpar increased 1.7% compared with Q1 of 2016.Says welcomes Mike Brown as new CEO and president of vacation ownership business.Wyndham Worldwide Corp - qtrly in constant currency, total system-wide same-store revpar increased 2.2%.Reiterates revenues of approximately $5.80 billion to $5.95 billion for FY.Updates adjusted diluted eps to approximately $5.98 to $6.18 for FY.Updates adjusted net income to approximately $631 million to $652 million from $637 million to $658 million for FY.FY 2017 earnings per share view $6.20, revenue view $5.86 billion -- Thomson Reuters I/B/E/S.

Magnificent Hotel Investments updates on termination of asset purchase agreement

Sunday, 23 Apr 2017 08:26pm EDT

April 24 (Reuters) - Magnificent Hotel Investments Ltd <0201.HK>::Boards consider it is in best interests of companies not to proceed with acquisition.Boards of cos consider that termination of agreement will not have any material impact on business or financial position of co.Asset purchase agreement was terminated and deposits paid to vendors under asset purchase agreement will be refunded in full to purchaser.

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