Hotels, Motels & Cruise Lines

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GuocoLeisure Ltd appoints Chief Executive Officer

Friday, 17 Oct 2014

GuocoLeisure Ltd:Appoints Michael Bernard DeNoma as Chief Executive Officer and director of the company with effect from 18 October 2014.

NH Hoteles sells Sotogrande for 225 mln euros

Friday, 17 Oct 2014

NH Hoteles SA:Sells 96.997 pct of Sotogrande SA for 225 million euros to private equity funds.Says sale excludes international assets of Cap Cana, Sotocaribe and Donnafugata Golf Resort & SPA.

Accor confirms FY 2014 EBIT target

Thursday, 16 Oct 2014

Accor SA:Confirms its EBIT target of between 575 and 595 million euros for FY 2014.FY 2014 EBIT 585.16 million euros-Thomson Reuters I/B/E/S Estimates.

Marriott Vacations Worldwide Corp's Board of Directors initiates quarterly dividend

Thursday, 16 Oct 2014

Marriott Vacations Worldwide Corp:On Oct. 14, the company's Board of Directors authorized cash dividend program under which it intends to pay regular quarterly dividend, and declared quarterly dividend of $0.25 per share.Payable on Nov. 12.Says to shareholders of record as of Oct. 28.In addition, the Board of Directors authorized company to repurchase up to 3.4 mln additional shares of its common stock under its share repurchase program through March 25, 2016.During third quarter of 2014, company repurchased 787,796 shares of its common stock at an average price of $58.02 per share for total of nearly $46 mln under its share repurchase program.Since launch of program on Oct. 20, 2013 through Oct. 15, company has repurchased nearly 3.4 mln shares of the 3.5 mln shares originally authorized.

Marriott Vacations Worldwide Corp raises FY 2014 EPS outlook, reaffirms net income, EBITDA outlook

Thursday, 16 Oct 2014

Marriott Vacations Worldwide Corp:Now expects FY 2014 adjusted fully diluted earnings per share of $2.67 to $2.84.FY 2014 adjusted EBITDA of $190 to $200 million.FY 2014 adjusted net income of $93 to $99 million.FY 2014 EPS of $2.77, EBITDA of $195 mln and net income of $98 mln - Thomson Reuters I/B/E/S.

HI Real SpA says Board decides on share capital increases and bond issuance

Wednesday, 15 Oct 2014

HI Real SpA:Says, regarding the company's SIIQ project, the Board decided on share capital increases reserved to the grant of 7 real estate assets.Says the share capital increases are for up to a maximum of 5,781,079.92 euros, through issuance of maximum 41,590,503 new ordinary shares, at a price of 0.139 euros per share.Says the Board decided on the issuance of a bond titled Hi Real convertible 4.25 pct 2014-2024 con facolta di rimborso anticipato in azioni.Says the bond is for a maximum of 31,906,000.00 euros, divided into maximum 31,906 bonds of 1,000.00 nominal euros per bond.

RESORTTRUST INC raises mid-year and year-end dividend forecasts for FY 2015

Wednesday, 15 Oct 2014

RESORTTRUST INC:Raised mid-year dividend forecast to 20 yen per share from 18 yen per share for FY ending March 2015.Raised year-end dividend forecast to 20 yen per share from 18 yen per share for FY ending March 2015.

RESORTTRUST INC raises consolidated mid-year and full-year outlook for FY 2015

Wednesday, 15 Oct 2014

RESORTTRUST INC:Says the company increased the consolidated mid-year outlook for revenue to 59,600 million yen from 58,600 million yen for FY ending March 2015.Operating profit forecast increased to 9,300 million yen from 8,100 million yen.Ordinary profit forecast increased to 11,600 million yen from 8,500 million yen.Net profit forecast increased to 7,300 million yen from 5,200 million yen.Earnings per share increased to 74.38 yen from 52.98 yen.Says the company increased the consolidated full-year outlook for revenue to 116,900 million yen from 114,600 million yen for FY ending March 2015.Operating profit forecast increased to 15,500 million yen from 15,200 million yen.Ordinary profit forecast increased to 18,000 million yen from 15,900 million yen.Net profit forecast increased to 11,200 million yen from 9,800 million yen.Earnings per share increased to 114.12 yen from 99.86 yen.FY 2015 revenues of 116.81 billion yen, reported net profit of 10.22 billion yen – Thomson Reuters I/B/E/S.Comments the sales increase and foreign exchange gain are the main reasons for the forecast.

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