Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today reported second quarter 2016 financial results.
Showing posts with label Financial Results. Show all posts
Showing posts with label Financial Results. Show all posts
NEWS | McDonald’s Announces Quarterly Cash Dividend
NEWS | IHCL reports turnover of Rs 556 cr for Q4 FY2013
Indian Hotels Company Limited (IHCL) reported a turnover of Rs 556 crore for the quarter ended March 31, 2013, which was marginally lower than the turnover registered for the corresponding quarter of the preceding year. IHCL’s full year stand-alone turnover of Rs 1876 improved over the previous year by four per cent. The consolidated Profit after Tax prior to extraordinary expenditure was a loss of Rs seven crore as against a profit of Rs three crore for the preceding year, as per a release.
NEWS | EIH reports 40% decline in Q4 net profits owing to economic downturn
Hospitality chain EIH Ltd that runs hotels and resorts under Oberoi and Trident brands today reported 40% decline in standalone net profit for the fourth quarter ended March 31, 2013 at Rs 27.04 crore hit by the overall downturn in economy.
The company had posted net profit of Rs 45.13 crore in the same quarter previous fiscal, EIH Ltd said in a statement.
Total income during the quarter under review stood at Rs Rs 352.62 crore as against Rs 331.31 crore in the same period a year ago.
The board of the company has recommended a dividend at 90 paisa per equity share, it added.
For the year 2012-13, the company said its consolidated net profit was down to Rs 41.77 crore from Rs 122.31 crore in the previous fiscal.
NEWS | American Restaurant Concepts, Inc. Announces Q1 2013 Financial Results
American Restaurant Concepts, Inc. (OTCBB: ANPZ), operator and franchisor of the award-winning Dick’s Wings & Grill® restaurants, announced strong financial results for its first quarter 2013 fiscal year. The Company generated an increase in royalty revenue along with a significant reduction in its outstanding debt, resulting in net income of $210,000 or $0.01 per share.
Q1 2013 Financial Highlights
— Royalty revenue increased 8% to $90,254 during Q1 2013, from $83,676 for
Q1 2012.
— Average royalty revenue per active restaurant increased 21% to $5,641
for Q1 2013, as compared to$4,649 during the year ago period.
— Debt obligations decreased 38% to $256,652 as of March 31, 2013 compared
to $413,603 during the same period last year.
NEWS | Home Inns Group Reports First Quarter 2013 Financial Results
Home Inns Group Reports First Quarter 2013 Financial Results
Total Revenues Increased 12% Year over Year to RMB 1.40 billion
Adjusted Net Income Improved to RMB 10.3 million
SHANGHAI, May 13, 2013 - Home Inns & Hotels Management Inc. (NASDAQ: HMIN) (“Home Inns Group” or “the Company”), a leading economy hotel chain in China,today announced its unaudited financial results for the first quarter ended March 31, 2013.
Home Inns Group acquired Motel 168 and has consolidated Motel 168’s operating and financial results since October 1, 2011.
NEWS | Marriott International Increases Dividend 30 Percent
NEWS | Magna announces 2013 annual meeting results
Magna International Inc. (TSX: MG, NYSE: MGA) announced voting results from its 2013 annual meeting of shareholders
held today. A total of 188,720,891 million Common Shares, or 80.6% of
our issued and outstanding Common Shares, were voted in connection with
the annual meeting. Shareholders voted in favour of all items of
business, including election of each director nominee by a substantial
majority as follows:
Scott B.
NEWS | BHG announces its results for the first quarter
BHG announces its results for the first quarter
Hotel EBITDA posted a significant 38.3% increase over 1Q12, the EBITDA margin stood at 35.5% and consolidated EBITDA reached R$15.9 million, 39.7% up on 1Q12
SAO PAULO, May 9, 2013 - BHG S.A. - Brazil Hospitality Group (BM&FBovespa: BHGR3; OTC: BZHGY) announces its 1Q13 figures, which demonstrate the Company’s high operating efficiency and consolidated growth in the quarter.
Hotel EBITDA (earnings before interest, taxes, depreciation and amortization) reached R$20.8 million in 1Q13, 38.3% up on 1Q12 (R$15.0 million).
NEWS | DiamondRock Hospitality Company Reports First Quarter 2013 Results
DiamondRock Hospitality Company (the “Company”) (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 27 premium hotels in the United States, today announced results of operations for the quarter ended March 31, 2013.
First Quarter Highlights
— RevPAR: The Company’s RevPAR was $119.40, an increase of 2.0% from 2012.
Excluding the Company’s New York City hotels under renovation, the
Company’s RevPAR increased 5.6% from 2012.
NEWS| Marriott International Increases Dividend 30 Percent
NEWS | Host Hotels & Resorts, Inc. Reports Strong Operating Performance For The First Quarter
Host Hotels & Resorts, Inc. (NYSE: HST), the nation’s largest lodging real estate investment trust (“REIT”), today announced results of operations for the first quarter ended March 31, 2013. On an “As Adjusted” basis, as described herein, the improvements in the Company’s results were driven by a 5.1% increase in comparable hotel RevPAR and strong performances at its luxury and resort and conference center properties.
As of January 1, 2013, the Company adopted calendar quarter reporting periods, compared to 2012 where the Company reported based on the fiscal quarters that had been used by Marriott International. Accordingly, the Company’s revenues, net income,
NEWS | Wyndham Worldwide Reports First Quarter 2013 Earnings
Wyndham Worldwide Reports First Quarter 2013 Earnings
First Quarter Adjusted EPS Up 18% Year-Over-Year
PARSIPPANY, N.J., April 24, 2013 - Wyndham Worldwide Corporation (NYSE:WYN) today announced results for the three months ended March 31, 2013.
Highlights:
— First quarter adjusted diluted earnings per share (EPS) was $0.71,
compared with $0.60 in the first quarter of 2012, an increase of 18%.
First quarter reported diluted EPS was $0.19, compared with $0.21 from
the same period in 2012.
— First quarter adjusted net income increased by 9% to $98 million.
— During the quarter, the Company repurchased 2.4 million shares of its
common stock for $140 million.
“We’re off to a great start this year, with an 18% increase in adjusted earnings per share,” said Stephen P. Holmes, chairman and CEO. “Our operating momentum is strong and our capital allocation philosophy is disciplined. This winning combination will continue to enhance our growth and shareholder value, this year and in years to come.
NEWS | McDonald’s Reports First Quarter 2013 Results
McDonald’s Corporation today announced results for the first quarter ended March 31, 2013. While the Company posted higher revenuesand earnings per sharefor the quarter, comparable salesand operating incomedeclined - affected by comparison against strong prior year results that included an additional day in 2012 due to leap year.
“McDonald’s remains diligently focused on enhancing our menu, restaurants and the overall customer experience to become more relevant to today’s consumers,” said McDonald’s President and Chief Executive Officer Don Thompson. “While the Company’s results for the quarter reflected difficult prior year comparisons and the ongoing impact of global economic headwinds, we continue our efforts to build market share and deliver sustained profitable growth for all stakeholders.
NEWS | Frisch’s Restaurants Reports Third Quarter Fiscal 2013 Results
Frisch’s Restaurants, Inc. (NYSE MKT: FRS) reported an increase in earnings from continuing operations on a modest decline in revenue from continuing operations during its 12-week fiscal 2013 third quarter that ended March 5, 2013. Consolidated revenue from continuing operations declined 1.1 percent to $45,771,994 from $46,284,545 in last year’s third quarter. Earnings from continuing operations for the quarter increased 1.9 percent to $1,747,849, up from $1,715,217 in last year’s third quarter. Diluted earnings per share from continuing operations were $0.34 per share compared with $0.35 per share last year. Year-to-date revenue from continuing operations was $154,919,802 versus $157,583,464 in the prior year, while year-to-date earnings from continuing operations grew 11.2 percent to $4,706,226 ($0.93 diluted earnings per share)
NEWS | Home Inns Group Reports Fourth Quarter and Full Year 2012 Financial Results
Home Inns & Hotels Management Inc. (NASDAQ: HMIN) (“Home Inns Group” or “the Company”), a leading economy hotel chain in China,today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2012.
Home Inns Group acquired Motel 168 and has consolidated Motel 168’s operating and financial results since October 1, 2011.
Q2 revenue growth for Orient-Express Hotels
Hotel, tourist train and river cruise operator Orient-Express Hotels has posted a 23 per cent growth in total revenue for the second quarter, compared with the same period in 2010.
Oriental Hotels posts net profit of Rs 3.2 cr for Q1
Oriental Hotels Ltd, part of Indian Hotels Company, has reported a near two-fold increase in its net profit for the first quarter ended June 30, 2011 at Rs 3.26 crore, according to a PTI report.
FINANCIAL NEWS | Accor’s first-half 2011 revenue up 4.4%
Accor, Paris, released its first-half sales figures on Tuesday showing a 4.4% increase during the first half of this year from the same period in 2010.
Subscribe to:
Posts (Atom)