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Hotels, Motels & Cruise Lines

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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.

Carnival Corporation Q3 GAAP earnings per share $1.83

Tuesday, 26 Sep 2017 09:15am EDT

Sept 26 (Reuters) - Carnival Corp :Carnival Corporation & Plc reports third quarter earnings.Q3 GAAP earnings per share $1.83.Q3 earnings per share view $2.20 -- Thomson Reuters I/B/E/S.Sees Q4 2017 adjusted earnings per share $0.44 to $0.50.Sees FY 2017 adjusted earnings per share $3.64 to $3.70.Q3 revenue $5.5 billion versus I/B/E/S view $5.39 billion.Q3 adjusted earnings per share $2.29.Carnival Corp says Q4 constant currency net revenue yields are expected to be up approximately 1.5 to 2.5 percent compared to prior year.Carnival Corp says expects full year 2017 net revenue yields in constant currency to be up approximately 4.0 percent compared to prior year.Carnival Corp - owned destinations including in Dominican Republic, Honduras, Bahamas, plus all those in Mexico, are fully operational.Carnival Corp - ‍in constant currency, qtrly net cruise costs excluding fuel per ALBD increased 0.2 percent, in line with June guidance​.Carnival - several temporary port closures associated with storms are expected to result in an estimated $0.10 to $0.12 per share reduction in earnings in Q4.Carnival Corp - cumulative bookings for first half of next year are well ahead of prior year on both price and occupancy.Carnival Corp - ‍qtrly noncash impairment charges of $392 million driven by company's decision to strategically realign its business in Australia​.

Carnival Corporation Q3 GAAP earnings per share $1.83

Tuesday, 26 Sep 2017 09:15am EDT

Sept 26 (Reuters) - Carnival Corp :Carnival Corporation & Plc reports third quarter earnings.Q3 GAAP earnings per share $1.83.Q3 earnings per share view $2.20 -- Thomson Reuters I/B/E/S.Sees Q4 2017 adjusted earnings per share $0.44 to $0.50.Sees FY 2017 adjusted earnings per share $3.64 to $3.70.Q3 revenue $5.5 billion versus I/B/E/S view $5.39 billion.Q3 adjusted earnings per share $2.29.Carnival Corp says Q4 constant currency net revenue yields are expected to be up approximately 1.5 to 2.5 percent compared to prior year.Carnival Corp says expects full year 2017 net revenue yields in constant currency to be up approximately 4.0 percent compared to prior year.Carnival Corp - owned destinations including in Dominican Republic, Honduras, Bahamas, plus all those in Mexico, are fully operational.Carnival Corp - ‍in constant currency, qtrly net cruise costs excluding fuel per ALBD increased 0.2 percent, in line with June guidance​.Carnival - several temporary port closures associated with storms are expected to result in an estimated $0.10 to $0.12 per share reduction in earnings in Q4.Carnival Corp - cumulative bookings for first half of next year are well ahead of prior year on both price and occupancy.Carnival Corp - ‍qtrly noncash impairment charges of $392 million driven by company's decision to strategically realign its business in Australia​.

Huatian Hotel Group to dissolve units

Wednesday, 30 Aug 2017 04:46am EDT

Aug 30(Reuters) - Huatian Hotel Group Co Ltd <000428.SZ>:Says it plans to dissolve a wholly owned real estate unit and a wholly owned hotel management unit .

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.

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