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Las Vegas Sands Reports First Quarter 2021 Results

April 22, 2021 by Nevistas News

Generating Positive Adjusted Property EBITDA in Macao and Singapore – Pandemic-Related Travel Restrictions and Reduced Visitation Continue to Impact Financial Results

Categories Financial

Accor Reports First-quarter 2021 Revenue of €361 Million Down 48% Like-for-like

April 22, 2021 by Nevistas News

64% Decline in RevPar vs. Q1 2019

Categories Financial

Baird/STR Hotel Stock Index Dipped 0.2% in March

April 9, 2021 by Nevistas News

The Baird/STR Hotel Stock Index dipped 0.2% in March to a level of 5,131. Year to date through the first three months of 2021, the stock index was up 12.2%.

Categories Financial

Condor Hospitality Trust Reports Fourth Quarter and Full Year 2020 Results

March 22, 2021 by Nevistas News

Full Year 2020 Portfolio Revenue Per Available Room (RevPAR): The 15 hotels Same-Store RevPAR in 2020 decreased 48.3% to $50.98 compared to 2019. Same-Store Average Daily Rate (ADR) decreased 20.9% to $99.00 and Same-Store Occupancy decreased 34.7% to 51.49% in 2020 compared to the same period in 2019.

Categories Financial

American Hotel Income Properties REIT LP Reports Fourth Quarter and Full Year 2020 Results

March 11, 2021 by Nevistas News

Revenues for the fourth quarter decreased 48.2% to $39.4 million (Q4 2019 – $76.1 million), as a result of lower demand levels resulting from the ongoing impact of COVID-19 and from portfolio changes between periods.

Categories Financial

Baird/STR Hotel Stock Index Jumped 22.4% in February

March 8, 2021 by Nevistas News

The Baird/STR Hotel Stock Index jumped 22.4% in February to a level of 5,141. Year to date through the first two months of 2021, the stock index was up 12.4%.

Categories Financial

Trip.com Group Sees out 2020 with Revenues Halved, Domestic Leading Recovery – PhocusWire

March 4, 2021 by Nevistas News

“A challenging year” is how Trip.com Group has described its 2020, as the China-based travel giant reported annual revenues of $2.8 billion – down 49% on 2019.

Categories Financial

RLJ Lodging Trust Reports Fourth Quarter and Full Year 2020 Results

March 1, 2021 by Nevistas News

Full Year Highlights – Total revenue of $473.1 million – Pro forma RevPAR decrease of (66.8%) – Net loss of ($408.8) million

Categories Financial

In First Earnings Report, Airbnb Posts Q4 Loss of $3.9B – PhocusWire

February 26, 2021 by Nevistas News

Airbnb co-founder and CEO Brian Chesky says he believes the COVID-19 pandemic has shown that his business is 'inherently adaptable' as the home-share giant reports financial results for the first time since its IPO in December.

Categories Financial

Summit Hotel Properties Reports Fourth Quarter And Full Year 2020 Results

February 24, 2021 by Nevistas News

Adjusted EBITDAre decreased 92.2 percent to $14.4 million from $185.3 million in the same period of 2019.

Categories Financial
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