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Marcel Wanders' re-imagination of Mondrian to open December 1st |
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Red Lion Hotels Corporation (NYSE:RLH) today announced that its Board of Directors has authorized a common stock repurchase program that enables the Company to purchase up to $10 million of its common stock. |
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Sol Meliá Posts Net Profit Of 80 Million Euros YTD September 2008 |
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Company now expects that comparable hotel RevPAR, which includes the operations for 115 of the Company's 117 hotels, will decline 9% to 11% in the fourth quarter and will decline approximately 3% for the full year. |
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Strategic Hotels & Resorts, Inc. (NYSE:BEE) , today announced that its Board of Directors adopted a one-year stockholder rights plan and certain amendments to the Company's Bylaws. |
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Quarterly Net Revenue Increases 67.2% to $1.11 Billion |
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Total revenues for the quarter increased 98.0% year-over-year to RMB 527.3 million (US$ 77.7 million). |
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InterContinental (IHG) said quarterly profit fell to $91 million from the prior year's $127 million. |
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Total revenue increased 2.1% to $285.3 million from $279.5 million |
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For the third quarter ending September 30, 2008, Adjusted Funds From Operations (AFFO) increased 5.3% to $21.9 million, compared to $20.8 million in the third quarter of 2007. AFFO per diluted common share and unit was $0.39 compared to $0.44 for the same quarter of 2007. |
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