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Hotels, Motels & Cruise Lines

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Giant Network Group sees FY 2017 net profit up 12.35 pct to 17.03 pct

Monday, 30 Oct 2017 09:49am EDT

Oct 30(Reuters) - Giant Network Group Co Ltd <002558.SZ> ::Sees FY 2017 net profit to increase by 12.35 percent to 17.03 percent, or to be 1.2 billion yuan to 1.3 billion yuan.Says FY 2016 net profit was 1.1 billion yuan.The reason for the forecast is improved main business.

Hilton Worldwide estimates calendar shifts weighed on U.S. RevPAR by about 70 bps in qtr

Thursday, 26 Oct 2017 11:06am EDT

Oct 26 (Reuters) - Hilton Worldwide Holdings Inc ::Hilton worldwide says‍​ excluding impact of holiday shifts and weather, overall revpar trends generally in line with expectations this quarter - conf call.Hilton worldwide says‍​ calendar shifts displaced business travel and group demand in the quarter - conf call.Hilton worldwide says‍​ system-wide, estimate revpar benefits from hurricanes harvey and irma largely offset major calendar shifts for quarter - conf call.Hilton worldwide says‍​ estimate the 2 major calendar shifts negatively weighed on u.s. Revpar by approximately 70 basis points in quarter - conf call.Hilton worldwide says‍​ continue to expect full year 2017 revpar growth in the region to be in the mid- to high single digits for europe - conf call.

Hotelier IHG's global comparable rooms revenue up 2.3 pct

Friday, 20 Oct 2017 02:19am EDT

Oct 20 (Reuters) - Intercontinental Hotels Group Plc :INTERCONTINENTAL HOTELS GROUP PLC - ‍GLOBAL Q3 COMPARABLE REVPAR 1 UP 2.3 PCT, AND UP 2.2 PCT Q3 YTD​.INTERCONTINENTAL HOTELS GROUP PLC - ‍WE REMAIN CONFIDENT IN OUTLOOK FOR REMAINDER OF YEAR​.‍IN US, REVPAR WAS UP 0.4 PCT IN Q3 AND 0.6 PCT Q3 YTD WITH PERFORMANCE IN QUARTER IMPACTED BY SEVERAL EVENTS​.INTERCONTINENTAL HOTELS - IN AMERICAS, ‍HURRICANES HARVEY AND IRMA HAD MIXED IMPACT; DISPLACEMENT ACTIVITY TOGETHER WITH RELIEF AND RECONSTRUCTION EFFORTS BENEFITTED FRANCHISE BUSINESS​.‍IN MEXICO Q3 REVPAR WAS FLAT DUE TO EARTHQUAKE IN MEXICO CITY​.INTERCONTINENTAL HOTELS - ‍EXCLUDING EFFECT OF HURRICANES AND THESE ONE-OFF EVENTS, ESTIMATE THAT UNDERLYING US REVPAR WAS MARGINALLY POSITIVE IN QUARTER.IHG- "‍MARKETS PREVIOUSLY IMPACTED BY TERRORIST ATTACKS GREW STRONGLY, REVPAR GROWTH OF 6 PCT IN FRANCE, AND DOUBLE DIGIT GROWTH IN BELGIUM AND TURKEY"​.

Huatian Hotel Group sees Q1~Q3 FY 2017 net loss to be 140 mln yuan to 155 mln yuan

Monday, 16 Oct 2017 02:16am EDT

Oct 16 (Reuters) - Huatian Hotel Group Co Ltd <000428.SZ> : :Sees Q1~Q3 FY 2017 net loss to be 140 million yuan to 155 million yuan .Says Q1~Q3 FY 2016 net loss was 123.3 million yuan.The reason for the forecast is decreased revenue of real estate business and hotel business .

Marriott to receive about $650 mln for 55 pct interest in Avendra

Monday, 16 Oct 2017 12:40am EDT

Oct 16 (Reuters) - Marriott : :‍owners of Avendra, LLC have reached a binding agreement to sell avendra to aramark for $1,350 million​.Marriott- ‍after redemption of costs, Avendra's founding shareholders, co, Hyatt,Aaccor, Clubcorp, IHG, expect to receive about $1,180 million in cash.‍Marriott expects to receive approximately $650 million for its 55 percent interest in Avendra​.

Hainan Dadonghai Tourism Centre Holdings expects to return profitable in Q1 to Q3 of FY 2017

Thursday, 12 Oct 2017 11:38pm EDT

Oct 13 (Reuters) - Hainan Dadonghai Tourism Centre Holdings Co Ltd <000613.SZ>:Sees net profit for Q1 to Q3 of FY 2017 to be 150,000 yuan to 300,000 yuan.Says the net loss of FY 2016 Q1 to Q3 was 1.8 million yuan .Comments that increased main business income and decreased costs as the main reasons for the forecast.

Sonae Capital buys 90 pct of SIAF-Energia from Sonae Arauco

Thursday, 12 Oct 2017 12:20pm EDT

Oct 12 (Reuters) - SONAE CAPITAL SA :THROUGH ITS UNIT CAPWATT BUYS 90 PERCENT OF SOCIEDADE INICIATIVA DE APROVEITAMENTOS FLORESTAIS-ENERGIA (SIAF-ENERGIA) FOR ABOUT 0.9 MILLION EUROS (PLUS CASH AND CASH EQUIVALENTS) FROM SONAE ARAUCO.SIAF-ENERGIA OWNS AND OPERATES BIOMASS FIRED COGENERATION PLANT .

Carnival CEO- "Caribbean is open for business and is going strong"

Tuesday, 26 Sep 2017 11:26am EDT

Sept 26 (Reuters) - Carnival Corp :On conf call- "Caribbean is open for business and is going strong".Including last few weeks of bookings that were impacted by hurricane news, cumulative bookings for first half of 2018 are still "well ahead of the prior year at nicely higher prices".Caribbean program is ahead of the prior year on occupancy at nicely higher prices.Forecasting a capacity increase of 2.2% for 2018.September guidance for net cruise costs excluding fuel per albd is an increase of about 2.5% compared to June forecast, partly due to additional expenses driven by canceled voyages due to hurricanes and the typhoon.5 heavily frequented ports in Caribbean have been substantially impacted.4Th quarter is largely booked and we're not looking to stimulate demand through pricing.CEO- "Chinese are not going to Korea right now. And it turns out that for some reason, they're not going to Japan. ".CEO- less than 5 percent of our capacity is in China.CEO- broadly 7 to 9 percent of ports in the Caribbean were affected by hurricanes to the point where they were shut down.CEO- don't see any extraordinary slowdown or negative impact at this point in Florida and Texas.

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