FUZHOU, China, Nov. 12, 2010 - China Yida Holding Company (Nasdaq: CNYD) (“China Yida” or the “Company”), a leading diversified entertainment and media enterprise in China, today announced financial results for the quarter ended September 30, 2010. Third Quarter 2010 Highlights — Total net revenue decreased 21.2% year over…
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Comments • Posted on Nov 12, 2010 - 01:06 PM
BUENOS AIRES, Argentina, Nov. 11, 2010 - IRSA Inversiones y Representaciones Sociedad Anonima (NYSE: IRS; BASE: IRSA), the leading real estate company in Argentina, announces its results for the First Three Months Fiscal Year 2011 Ended September 30, 2010 HIGHLIGHTS Revenues and EBITDA for the quarter increased 17% compared to…
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Comments • Posted on Nov 12, 2010 - 01:44 AM
BETHESDA, Md., Nov. 4, 2010 - Marriott International, Inc. (NYSE: MAR) (the “Company”) announced that its board of directors (the “Board”) declared a quarterly cash dividend of eight and three-quarter cents ($0.0875) per share of common stock, more than double the cash dividend of four cents ($0.04) per share of…
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Comments • Posted on Nov 04, 2010 - 07:19 PM
NEW YORK, Nov. 3, 2010 - Morgans Hotel Group Co. (Nasdaq: MHGC) (“MHG” or the “Company”) today reported financial results for the quarter ended September 30, 2010. — Adjusted EBITDA, excluding the impact of the closure and re-concepting of the restaurants at Hudson and Royalton during…
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Comments • Posted on Nov 03, 2010 - 09:27 PM
Ashford Hospitality Trust Reports Third Quarter Results DAS, Nov. 3, 2010 - Ashford Hospitality Trust, Inc. (NYSE: AHT) today reported the following results and performance measures for the third quarter ended September 30, 2010. The proforma performance measurements for Occupancy, Average Daily Rate (ADR), revenue per available room (RevPAR), and…
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Comments • Posted on Nov 03, 2010 - 09:10 PM
CHICAGO, Nov. 3, 2010 - Strategic Hotels & Resorts (NYSE: BEE) today reported results for the third quarter ended September 30, 2010. RevPAR growth was a strong 7.3 percent during the quarter and was largely driven by a 5.4 percent increase in average daily rate. EBITDA margins expanded 240 basis…
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Comments • Posted on Nov 03, 2010 - 09:09 PM
MADRID, Nov. 2, 2010 - NH Hotels has revealed that the adverse situation of the industry in 2009 underwent a major turnaround during the first 9 months of 2010 leading to a significant improvement towards recovery in the Group’s basic activity. NH Hotels’ revenues totalled euro 980.5M, a 9.4% rise,…
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Comments • Posted on Nov 02, 2010 - 07:41 PM
WASHINGTON, Oct. 29 - Driven by improving same-store sales and customer traffic levels, as well as growing optimism among restaurant operators, the outlook for the restaurant industry improved in September. The National Restaurant Association’s Restaurant Performance Index (RPI) - a monthly composite index that tracks the health of and outlook…
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Comments • Posted on Oct 29, 2010 - 04:15 PM
ORLANDO, Fla., Oct. 22 - AirTran Holdings, Inc., (NYSE: AAI), the parent company of AirTran Airways, Inc., today reported a net profit of $36.3 million or $0.22 per diluted share for the third quarter of 2010. During the quarter, the Company reported operating income of $56.7 million. Included in these…
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Comments • Posted on Oct 22, 2010 - 12:10 PM
PARSIPPANY, N.J., Oct. 21 - Wyndham Worldwide Corporation (NYSE: WYN) today announced that it has completed a term securitization transaction involving the issuance of $300 million of investment-grade asset-backed notes. Sierra Timeshare 2010-3 Receivables Funding LLC issued $250 million of A rated and $50 million of BBB rated vacation ownership…
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Comments • Posted on Oct 21, 2010 - 10:37 PM