Second Quarter 2021 Results
Host Hotels & Resorts, Inc. Reports Results for Second Quarter 2021
Host Hotels & Resorts | August 9, 2021
BETHESDA, Md. – August 9, 2021 – Host Hotels & Resorts, Inc., the nation’s largest lodging real estate investment trust (“REIT”), today announced results for second quarter 2021. OPERATING RESULTS (unaudited, in millions, except per share and hotel statistics) Quarter ended June 30, Percent Change Percent Change Year-to-date ended June 30, Percent Change Percent Change 2021 2020 vs. Q2 2020 vs. Q2 2019(2) 2021 2020 vs. Q2 2020 vs. Q2 2019(2) Revenues $ 649 $ 103 530.1 % (56.2 )% $ 1,048 $ 1,155 (9.3 )% ...
MGM Resorts International Reports Second Quarter 2021 Financial and Operating Results
MGM Resorts International | August 6, 2021
LAS VEGAS - August 6, 2021 - MGM Resorts International ("MGM Resorts" or the "Company") today reported financial results for the quarter ended June 30, 2021. "We delivered a strong second quarter, driven by robust demand and productivity efforts across our domestic portfolio. Our Las Vegas Strip and Regional Operations Adjusted Property EBITDAR margins reached all-time records and our Regional Operations also delivered an all-time quarterly record in Adjusted Property EBITDAR. Our U.S. sports betting and iGaming venture, BetMGM, continues to outperform as the number two operator nationwide," said Bill Hornbuckle, Chief Executive Of...
Ryman Hospitality Properties, Inc. Reports Second Quarter 2021 Results
Ryman Hospitality Properties, Inc. | August 6, 2021
NASHVILLE, Tenn. - August 6, 2021 - Ryman Hospitality Properties, Inc., a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Highlights and Recent Developments: Net Loss in second quarter improved sequentially to $(63.0) million from $(117.1) million on 103.0% revenue growth Consolidated Adjusted EBITDAre for the second quarter was approximately $28.2 million, primarily driven by improvement in group performance during June Since the ou...
Marriott International Reports Second Quarter 2021 Results
Marriott International | August 3, 2021
Marriott International, Inc. (NASDAQ: MAR) today reported second quarter 2021 results. Anthony Capuano, Chief Executive Officer, said, “The rate of global lodging recovery accelerated during the second quarter and momentum has continued into July. We are particularly pleased with the resilience of RevPAR [1] in markets where consumers feel safe traveling. Worldwide occupancy continued to build, reaching 51 percent for the quarter. We also saw strong improvement in global average daily rate in the second quarter, which was down only 17 percent compared to the second quarter of 2019. “The swift resurgence of lodging demand once the v...
