https://www.breakingtravelnews.com/tags/tag/hotel financials/ Hotel Financials News en Breaking Travel News Copyright 2026 2026-04-19T10:58:11+00:00 https://www.breakingtravelnews.com/news/article/75-of-failing-hotels-and-accommodation-providers-can-be-saved/ https://www.breakingtravelnews.com/news/article/75-of-failing-hotels-and-accommodation-providers-can-be-saved/ David Hunter, the Hospitality Business Mentor, firmly believes that three quarters of the failing accommodation providers he meets could be saved with the right focus, processes and management techniques. Mon, 20 Sep 2010 15:20:47 +0000 https://www.breakingtravelnews.com/news/article/accor-reports-strong-first-half-figures/ https://www.breakingtravelnews.com/news/article/accor-reports-strong-first-half-figures/ Accor has reported higher-than-expected first-half operating profits and raised its 2010 guidance, led by a resurgent business travel sector. The improvement was driven by higher occupancy and rates across the group’s Sofitel, Pullman and Novotel brands. Fri, 27 Aug 2010 12:40:10 +0000 https://www.breakingtravelnews.com/news/article/mandarin-oriental-posts-upbeat-first-half-results/ https://www.breakingtravelnews.com/news/article/mandarin-oriental-posts-upbeat-first-half-results/ Luxury hospitality group Mandarin Oriental has reported an upbeat set of results for the first half of 2010 as confidence returns to the corporate travel market. Fri, 30 Jul 2010 13:15:41 +0000 https://www.breakingtravelnews.com/news/article/signs-of-recovery-for-many-uk-hoteliers-in-may/ https://www.breakingtravelnews.com/news/article/signs-of-recovery-for-many-uk-hoteliers-in-may/ Hoteliers across the UK experienced a mostly solid month of recovery in May with occupancy, room rate and rooms yield largely positive, according to PKF Hotel Consultancy Services. Tue, 22 Jun 2010 14:35:02 +0000 https://www.breakingtravelnews.com/news/article/b.-f.-saul-company-hotel-division-readies-for-q3-upturn/ https://www.breakingtravelnews.com/news/article/b.-f.-saul-company-hotel-division-readies-for-q3-upturn/ Mr. Chris Lohmeier, Capital Asset Manager for B. F. Saul Company Hotel Division, is committed to driving revenue through the implementation and reinforcement of a division-wide technology initiative for hotel operations. Thu, 08 Apr 2010 12:09:23 +0000 https://www.breakingtravelnews.com/news/article/china-hotel-development-and-financing-conference-2010-opens/ https://www.breakingtravelnews.com/news/article/china-hotel-development-and-financing-conference-2010-opens/ The 6th annual China Hotel Development and Financing Conference 2010 Opened in Beijing today, with over 500 delegates packing into the Crowne Plaza Sun Palace to hear the very latest news from the industry. Thu, 25 Mar 2010 16:34:00 +0000 https://www.breakingtravelnews.com/news/article/huge-hotel-auctions-scheduled-for-april-and-may/ https://www.breakingtravelnews.com/news/article/huge-hotel-auctions-scheduled-for-april-and-may/ National Commercial Auctioneers, LLC, [www.natcomauctions.com] announces the sale of more hotels at auction over the next two months than any other auctioneer in the country, according to Stephen Karbelk, CAI, AARE, President of National Commercial Auctioneers. Wed, 24 Mar 2010 12:16:08 +0000 https://www.breakingtravelnews.com/news/article/pkf-hr-says-double-digit-revenue-growth-lies-ahead-for-u.s.-hotels/ https://www.breakingtravelnews.com/news/article/pkf-hr-says-double-digit-revenue-growth-lies-ahead-for-u.s.-hotels/ PKF Hospitality Research today announced that, according to the March 2010 edition of Hotel Horizons, U.S. hotels should enjoy double-digit revenue growth by 2012. Tue, 23 Mar 2010 17:06:10 +0000 https://www.breakingtravelnews.com/news/article/wyndham-worldwide-completes-300-million-term-securitization/ https://www.breakingtravelnews.com/news/article/wyndham-worldwide-completes-300-million-term-securitization/ Wyndham Worldwide Corporation today announced that it has completed a term securitization transaction involving the issuance of $300 million of investment-grade asset-backed notes. Sierra Timeshare 2010-1 Receivables Funding LLC issued $300 million of A rated vacation ownership loan backed notes, which have an advance rate of 72.25% and a coupon of 4.48%. Mon, 22 Mar 2010 12:53:10 +0000 https://www.breakingtravelnews.com/news/article/starwood-capital-led-consortium-agrees-to-invest-up-to-905-million-in-exten/ https://www.breakingtravelnews.com/news/article/starwood-capital-led-consortium-agrees-to-invest-up-to-905-million-in-exten/ Extended Stay’s Board Determines Proposal from Starwood Capital, TPG Capital and Five Mile Capital Partners is Superior to Previous Offer from Centerbridge Partners and Paulson & Co. Fri, 19 Mar 2010 12:00:51 +0000 https://www.breakingtravelnews.com/news/article/roomlinx-generating-strong-revenues-at-luxury-resort-timeshare-in-mexico/ https://www.breakingtravelnews.com/news/article/roomlinx-generating-strong-revenues-at-luxury-resort-timeshare-in-mexico/ Roomlinx, Inc. the leading provider of Interactive TV (iTV) solutions for the hospitality industry, today announced that in the last four months (Nov 2009 - Feb 2010) they averaged over $90 per room per month in revenue at the Casa Dorada Resort & Spa from rooms installed with its iTV product. Wed, 17 Mar 2010 11:01:16 +0000 https://www.breakingtravelnews.com/news/article/hotels-in-asia-pacific-lead-global-occupancy-recovery/ https://www.breakingtravelnews.com/news/article/hotels-in-asia-pacific-lead-global-occupancy-recovery/ According to data compiled by STR Global, hotels in the Asia Pacific region experienced increases in all three key performance metrics for January 2010 when reported in U.S. dollar. In year-on-year measurements, the Asia Pacific region’s OR rose 13.9% to 61%, ADR increased 5.6% to US$130.75, and RevPAR jumped 20.3% to US$79.81. Mon, 01 Mar 2010 12:42:25 +0000 https://www.breakingtravelnews.com/news/article/wyndham-worldwide-prices-250-million-of-senior-unsecured-notes/ https://www.breakingtravelnews.com/news/article/wyndham-worldwide-prices-250-million-of-senior-unsecured-notes/ Wyndham Worldwide Corporation (NYSE:WYN) recently announced the pricing of the public offering of $250 million aggregate principal amount of its senior unsecured notes due 2020. Wed, 24 Feb 2010 14:47:24 +0000 https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-performance-for-january-2010/ https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-performance-for-january-2010/ In year-over-year measurements, the industry’s occupancy ended the month virtually flat with a 0.4-percent decrease to 45.1 percent. Average daily rate dropped 7.1 percent to finish the month at US$93.93. Revenue per available room for the month decreased 7.4 percent to finish at US$42.35. Wed, 24 Feb 2010 11:42:47 +0000 https://www.breakingtravelnews.com/news/article/orient-express-hotels-reports-fourth-quarter-and-full-year-2009-results/ https://www.breakingtravelnews.com/news/article/orient-express-hotels-reports-fourth-quarter-and-full-year-2009-results/ Orient-Express Hotels Ltd, owners or part-owners and managers of 50 luxury hotels, restaurants, tourist trains and river cruise properties operating in 24 countries, today announced its results for the fourth quarter and full year ended December 31, 2009. Wed, 24 Feb 2010 10:29:44 +0000 https://www.breakingtravelnews.com/news/article/europe-likely-to-see-recovery-not-growth/ https://www.breakingtravelnews.com/news/article/europe-likely-to-see-recovery-not-growth/ The current year for the Europe hotel trade is likely to be one of recovery rather than growth, predicts STR Global. Mon, 22 Feb 2010 10:50:11 +0000 https://www.breakingtravelnews.com/news/article/richfield-hospitality-lays-out-aggressive-expansion-strategy/ https://www.breakingtravelnews.com/news/article/richfield-hospitality-lays-out-aggressive-expansion-strategy/ Acquisitions/Joint Ventures to Expand Core Third-Party Management Strategy, Sceptre Division to Provide More e-Commerce Solutions Expertise Mon, 15 Feb 2010 10:21:54 +0000 https://www.breakingtravelnews.com/news/article/hrg-releases-results-of-2009-hotel-survey/ https://www.breakingtravelnews.com/news/article/hrg-releases-results-of-2009-hotel-survey/ The overall picture emerging from the Hogg Robinson Group (HRG) 2009 Hotel Survey shows room rates falling by between 3-4% on average between 2008 and 2009, a graphic indication of the worst year for the global economy since 1946. World GDP fell in 2009 for the first time since demilitarization after the Second World War. However, the survey also illustrates the different pace of recovery across economies and highlights long term global economic trends that have been accelerated by the global recession - with the economic ‘balance of power’ shifting from West to East. Fri, 12 Feb 2010 11:53:36 +0000 https://www.breakingtravelnews.com/news/article/california-sheraton-sells-for-us12.3m/ https://www.breakingtravelnews.com/news/article/california-sheraton-sells-for-us12.3m/ Capital San Francisco has arranged the sale of the 170-key Sheraton hotel located in Pleasanton, California, for US$12.3 million, or US$72,353 per key. Wed, 10 Feb 2010 11:06:43 +0000 https://www.breakingtravelnews.com/news/article/marriott-reinstates-cash-dividend/ https://www.breakingtravelnews.com/news/article/marriott-reinstates-cash-dividend/ Marriott International Inc. announces that its board of directors has declared the issuance of a cash dividend in the amount of US$0.04 per share on each share of Class A common stock outstanding of the company, payable on April 9 to shareholders of record on February 19. Mon, 08 Feb 2010 11:45:09 +0000 https://www.breakingtravelnews.com/news/article/preferred-hotel-group-posts-significant-six-month-growth-gears-up-for-a-str/ https://www.breakingtravelnews.com/news/article/preferred-hotel-group-posts-significant-six-month-growth-gears-up-for-a-str/ Rapid Global Expansion Supported by Strategic Staff Appointments and Positioning as Portfolio Strengthens and Advances into New Regions Wed, 03 Feb 2010 10:58:09 +0000 https://www.breakingtravelnews.com/news/article/delaware-north-companies-parks-resorts-bucks-lodging-downturn/ https://www.breakingtravelnews.com/news/article/delaware-north-companies-parks-resorts-bucks-lodging-downturn/ Hospitality provider’s unique approach helps it outperform the market as it acquires properties and sees upturn in 2010 Wed, 03 Feb 2010 10:47:59 +0000 https://www.breakingtravelnews.com/focus/article/why-hotels-are-not-recovering-any-time-soon/ https://www.breakingtravelnews.com/focus/article/why-hotels-are-not-recovering-any-time-soon/ Hotel industry performance is often predictable yet somehow still catches us by surprise. Like any other economy, the sector relies on a balance of supply and demand—do not let the flat panel TVs and fantastic beds fool you Mon, 18 Jan 2010 12:40:02 +0000