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hotel profits

STR Releases Europe Hotel Performance for July 2020

2020-08-21 by Argophilia Travel News

Fodele Beach Hotel

A report from STR reveals Europe’s hotel industry’s improved but low performance, according to July 2020 data.

Tags: ADR, Europe summer, hotel profits, hotels, RevPAR, STR, Summer 2020, summer numbers, UK hotels

Accor Shares Fall Despite Upturn

2013-08-28 by Delia Gavrilescu

Accor Hotels shares fell 3.59 percent on news of the Europe leading chain’s moderate return to profitability. Accor, the sixth largest hotel chain in the world, has recently recorded a net profit of some €34 million euro.

Tags: Accor Group, Europe hotels, France hotels, hotel profits, hotels

Starwood Hotels & Resorts Worldwide Beats Q1 Expecations

2013-04-30 by Rhett Butler

Good news in the hospitality sector, at least for Starwood Hotels & Resorts Worldwide, Inc., first quarter earnings exceeded Wall Street expectations. According to RevPAR, performance of Starwood same-store hotels grew worldwide by some 3.4 percent.

Tags: hotel profits, hotels, RevPAR, Starwood Hotels, Wall Street, World hotels

Starwood Q4 Off on Europe Woes – Inhospitably

2013-02-09 by Liliana Steffens

Starwood Vienna

On Thursday, Starwood Hotels & Resorts Worldwide announced their Q4 earnings had declined blaming growth in Europe and rising costs for the reduced revenue. The company’s net income fell to $142 million, 0.72 cents per share, about 0.7 cents beneath investor expectations.

Tags: Europe hotels, Europe travel, hotel profits, hotel revenue, revenue, W Hotels

Accor Q3 Good, PR and Expansion Moves Even Better

2012-10-20 by Phil Butler

Accor Facebook fans

In earnings news from Accor Group, the French hotel company released their Q3 results last week reflecting a slight upturn for the first nince months of this year. Despite a European industry staggered by economic woes, Accor manages black ink.

Tags: Accor, Africa hotels, Cure Kids Fiji, French hotels, hotel investments, hotel profits

Expedia Profits Slow: Shares Drop

2012-02-10 by Delia Gavrilescu

Expedia logo

The financials are in from Expedia. According to the reports, wile quarter 4 revenue was up by 6.7% at $787.1 million compared with the previous year, expenses took their toll virtually eliminating and growth for 2011.

Tags: Expedia, Forbes, hotel profits, hotels, online travel, OTA profits, stocks, travel companies, travel profits, travel stocks, TripAdvisor, Wall Street

InterContinental Hotels Shuffles Leadership

2011-07-19 by Liliana Steffens

Richard Solomons

InterContinental Hotels appoints news leaders for Europe and other regions, while CEO Richard Simmons offers company profits report and prospectus. Holiday Inn Express India, and many other sectors are outlined.

Tags: Europe hotels, Europe travel, hospitality news, hotel industry, hotel profits, hotels Europe, InterContinental Hotels, Richard Solomons, World hotels




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