q2 2017 financial results
Q2 2017 Financial Reports Round Up – Part 6: Felcor, HPT
August 9, 2017
FelCor Reports Second Quarter 2017 Earnings Quarter Highlights Same-store RevPAR was $161.98 compared to $163.62 for the same period in 2016. Net loss attributable to FelCor common stockholders was $8.0 million, or $0.06 per share, versus net income of $7.1 million, or $0.05 per share, for the same period in 2016. Adjusted FFO per share was $0.26 versus $0.32 for the same period in 2016. Same-store Adjusted EBITDA was $65.0 million versus $67.9 million for the same period in 2016. To view full quarterly results please visit: http://ir.felcor.com/phoenix.zhtml?c=118512&p=irol-newsArticle&ID=2292965 Hospitality Properties Tr...
Q2 2017 Financial Reports Round Up – Part 5: Marriott, IHG, Ryman, Xenia, Belmond
August 8, 2017
Marriott International Reports Second Quarter 2017 Results Highlights Second quarter reported diluted EPS totaled $1.08, a 13 percent increase over prior year results. Second quarter adjusted diluted EPS totaled $1.13, a 35 percent increase over second quarter 2016 combined results. Adjusted 2017 second quarter results exclude merger-related Combined 2016 second quarter results assume Marriott's acquisition of Starwood and Starwood's sale of its timeshare business had been completed on January 1, 2015; Worldwide comparable systemwide constant dollar RevPAR rose 2.2 percent in the 2017 second quarter, while North American comparable s...
Q2 2017 Financial Reports Round Up – Part 4: Hyatt, Wyndham, Summit
August 3, 2017
Hyatt Reports Second Quarter 2017 Results Second quarter of 2017 financial highlights as compared to the second quarter of 2016 are as follows: Net income increased 30.5% to $87 million. Adjusted EBITDA increased 0.6% to $229 million, up 1.3% in constant currency. Comparable systemwide RevPAR increased 2.9%, including a decrease of 1.2% at comparable owned and leased hotels. Comparable U.S. hotel RevPAR increased 1.4%; full service and select service hotel RevPAR increased 1.3% and 1.5%, respectively. Comparable owned and leased hotels operating margins decreased 120 basis points to 26.2%. Adjusted EBITDA margin decreased 140 bas...
Q2 2017 Financial Reports Round Up – Part 3: Choice, Chesapeake, Chatham, Sunstone & ESA
August 2, 2017
Choice Hotels Reports Results for Second Quarter 2017 Highlights: Overall Results Diluted earnings per share (EPS) for the second quarter was $0.79, a 16-percent increase from the second quarter of the prior year; Diluted EPS increased 11-percent compared to our adjusted diluted EPS for the second quarter of 2016, which excluded executive termination benefits incurred in 2016. Total revenues and hotel franchising revenues for the second quarter increased 14 percent and 10 percent, respectively, from the second quarter of the prior year. Adjusted EBITDA totaled $81.1 million for the second quarter, a 15-percent increase from the seco...
Q2 2017 Financial Reports Round Up – Part 2: MGM, Las Vegas Sands, Host, AccorHotels
July 27, 2017
MGM Resorts International Reports Second Quarter Financial And Operating Results Financial Highlights: Diluted earnings per share for the second quarter of 2017 of $0.36, including a benefit of $0.04 related to a Borgata property tax settlement and a benefit of $0.05 from a modification of the 2016 NV Energy exit fee, compared to $0.83 in the prior year quarter, which included $0.57 related to a gain on CityCenter's sale of Crystals; Net revenues increase of 22% over the prior year quarter at the Company's domestic resorts to $2.1 billion, due to the inclusion of MGM National Harbor and Borgata, and a decrease of 1% on a same...
Q2 2017 Financial Reports Round Up – Part 1: Hilton, Wynn, & Hersha
July 26, 2017
Hilton Reports Strong Second Quarter 2017 Results, Raises Full Year Outlook Highlights include: Diluted EPS from continuing operations for the second quarter was $0.51 and diluted EPS, adjusted for special items, was $0.52, an increase of 30 percent from the second quarter of 2016 on a pro forma basis Net income for the second quarter was $167 million Adjusted EBITDA for the second quarter was $519 million, an increase of 10 percent from pro forma Adjusted EBITDA for the second quarter of 2016 Adjusted EBITDA margin was 57.0 percent, an increase of 340 basis points from pro forma Adjusted EBITDA margin for the second quarter of 201...
