Hotel Industry News - Financial

Mountain segment net revenue increased by 8.3% and total skier visitation improved by 4.6% for the third quarter as compared to the same period in the prior year. - More

COO Sorenson Reports May Revenue per Available Room up 9 Percent - More

On 4 June, 2010, at the Group's Annual General and Special Meeting of Shareholders held in San Jose, Costa Rica, Jack R. Mitchell, Albert W. Atallah, Salomon Guggenheim, Joaquin Daly, Douglas Vicari, Franz Winkler and Roberto de Ocampo were elected as Directors for one year terms. - More

Revenues for the first three months of fiscal 2011 were $4.9 million compared to $5.5 million in the prior year period, reflecting the current economic conditions. - More

Gaylord Entertainment Co. (NYSE: GET) today provided an update on the Company’s restoration efforts following the flood damage experienced at the Gaylord Opryland Resort, the Grand Ole Opry and the Company’s other Nashville-area facilities on May 2nd and May 3rd, 2010. - More

In accordance with Disclosure and Transparency Rule 5.6.1 InterContinental Hotels Group PLC would like to notify the market of the following: - More

The Walt Disney Company (NYSE: DIS) today reported earnings for its second fiscal quarter and six months ended April 3, 2010. Diluted earnings per share (EPS) for the second quarter increased 45% to $0.48 from $0.33 in the prior-year quarter. EPS for the current and prior-year quarter include the items discussed in the following paragraph. Exclu... - More

The Global Hospitality Group® of Jeffer Mangels Butler & Marmaro LLP (JMBM) is pleased to announce the publication of a new hospitality industry resource: The Lenders Handbook for Troubled Hotels: Essentials and Advanced Techniques - A Practical Guide. - More

Caribbean Casino and Gaming Corp (PINKSHEETS: CGAQ) announced today that the recent blocks of shares sold and purchased were not in any way performed by, or in conjunction with Caribbean Casino and Gaming Corp or its management. - More

For the first quarter 2010, ACEP reported a net loss of $2.7 million compared to a net loss of $1.6 million for the first quarter ended in 2009. - More