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Hotels, Motels & Cruise Lines

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

Thursday, 26 Oct 2017

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

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"​.

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

Monday, 16 Oct 2017

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​.

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

Thursday, 12 Oct 2017

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 .

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