International Business News - CHH http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif An anticipated decline in a key revenue metric for lodging companies led a JP Morgan analyst to trim some hotel and real-estate-investment trust estimates Wednesday. http://www.ibtimes.com/articles/20081203/ahead-of-the-bell-analyst-cuts-lodging-estimates.htm Wed, 03 Dec 2008 07:24:46 EST Pressure on hotel and timeshare companies is likely to intensify in the near term as businesses attempt to negotiate lower corporate rates and U.S. consumers continue to hold off on travel spending, an analyst said. http://www.ibtimes.com/articles/20081125/ahead-of-the-bell-lodging-companies.htm Tue, 25 Nov 2008 09:25:25 EST New data from a market research firm confirmed that hotel companies suffered last week as travel was disrupted by continuing fears about the economy and the presidential election. http://www.ibtimes.com/articles/20081113/hotel-results-tumbled-last-week-report-says.htm Thu, 13 Nov 2008 09:31:31 EST Shares of Choice Hotels International Inc. gained on Monday after a Goldman Sachs analyst said a meeting with the hotel company's management reinforced his view that it will outperform the rest of the sector. http://www.ibtimes.com/articles/20081103/choice-hotels-shares-gain-on-analysts-optimism.htm Mon, 03 Nov 2008 19:52:33 EST The U.S. hotel industry posted year-over-year declines last week in three key performance measurements, as hotel owners began cutting rates to fill rooms, a market research firm said Thursday. http://www.ibtimes.com/articles/20081031/us-hotel-industry-books-declines-room-rate-cuts.htm Fri, 31 Oct 2008 14:45:46 EDT Current economic conditions are likely to pressure business travelers and visitors coming to the U.S. in 2009, according to the latest outlook from the Travel Industry Association. http://www.ibtimes.com/articles/20081030/report-weak-economy-will-pressure-work-travel.htm Thu, 30 Oct 2008 13:59:13 EDT Shares of hotel companies traded higher Wednesday after the Federal Reserve slashed the fed funds rate by a half point, as many investors expected. Hotel stocks have been hit particularly hard by the troubled economy, which has led consumers to postpone vacations and prompted businesses to cut back on travel spending. http://www.ibtimes.com/articles/20081029/hotel-companies-shares-stay-higher-after-rate-cut.htm Wed, 29 Oct 2008 14:42:05 EDT Among the stock activity stories for Tuesday, Oct. 28, from AP Financial News: SCOTTSDALE, Ariz. (AP)--Shares of Meritage Homes Corp. lost more than a third of their value Tuesday, a day after the company reported a big loss in the third quarter brought on by tumbling home sales and prices, and after Credit Suisse cut its price target on the homebuilder. http://www.ibtimes.com/articles/20081028/movers-roundup-meritage-homes-wms-industries.htm Tue, 28 Oct 2008 14:56:34 EDT Shares of Choice Hotels International Inc. surged Tuesday after the company reported a 6.5 percent drop in third-quarter earnings, but beat Wall Street's expectations. http://www.ibtimes.com/articles/20081028/choice-hotels-shares-surge-on-3rd-qtr-results.htm Tue, 28 Oct 2008 19:48:51 EDT Choice Hotels International Inc. reported a 6.5 percent decline in its third-quarter profit Monday, as higher operating costs all but erased an increase in royalty fees and rates. http://www.ibtimes.com/articles/20081027/choice-hotels-3rd-qtr-earnings-fall-6-5-percent.htm Mon, 27 Oct 2008 18:22:35 EDT Shares of hotel companies slipped along with the broader markets Friday as investors anxiously dumped stocks on escalating recession fears. The Dow Jones industrials dropped more than 400 points in early trading as markets around the world tumbled. http://www.ibtimes.com/articles/20081024/hotel-companies-fall-on-worries-about-a-recession.htm Fri, 24 Oct 2008 10:39:22 EDT The development pipeline for U.S. hotels was 12.8 percent higher last month than it was in September 2007 but is showing signs of a slowdown, according to a report released by a market research firm on Wednesday. http://www.ibtimes.com/articles/20081016/us-hotel-pipeline-shows-signs-of-slowdown.htm Thu, 16 Oct 2008 12:51:20 EDT The U.S. hotel industry posted declines in three key performance metrics last week as the Jewish holiday and severe economic turmoil drove down demand, a market research firm said Thursday. http://www.ibtimes.com/articles/20081009/us-hotel-industry-posted-declines-last-week.htm Thu, 09 Oct 2008 12:24:06 EDT Shares of major hotel companies remained mixed on Friday afternoon, following the U.S. House of Representatives' approval of a $700 billion financial bailout package. http://www.ibtimes.com/articles/20081003/hotel-companies-shares-are-mixed-after-house-vote.htm Fri, 03 Oct 2008 13:53:25 EDT Shares of hotel operators were mixed in the third quarter as investors fled companies most exposed to weakening leisure and business trends for those with more defensive business models. http://www.ibtimes.com/articles/20080930/hotel-companies-trade-mixed-in-3rd-quarter.htm Tue, 30 Sep 2008 15:50:31 EDT Shares of hotel companies dropped on Monday--and plunged further after the House rejected a $700 billion bailout of the U.S. financial system--as the travel outlook for 2009 grew gloomier amid the escalating economic crisis. http://www.ibtimes.com/articles/20080929/hotel-stocks-drop-as-2009-travel-outlook-worsens.htm Mon, 29 Sep 2008 15:15:41 EDT A key metric of the lodging sector's performance declined at U.S. hotels in August as an increase in room rates failed to offset declining occupancy, a market research firm said on Friday. http://www.ibtimes.com/articles/20080926/us-hotels-post-room-revenue-decline-in-august.htm Fri, 26 Sep 2008 12:41:18 EDT Shares of hotel companies fluctuated widely Thursday afternoon as JPMorgan cut its ratings on the sector and analysts said hurricane-related relief efforts and a shift in the Yom Kippur holiday skewed U.S. lodging industry occupancy rates last week. http://www.ibtimes.com/articles/20080925/sector-snap-hotel-stocks-downgraded.htm Thu, 25 Sep 2008 13:22:40 EDT A JPMorgan analyst on Thursday said the lodging industry will be hurt by declining corporate travel business, growing room cancellations and tough rate negotiations with corporate clients, as well as softening international revenue. http://www.ibtimes.com/articles/20080925/ahead-of-the-bell-lodging-industry.htm Thu, 25 Sep 2008 09:28:52 EDT Shares of hotel owners and operators surged with the broader market on Friday as government plans to rescue banks from billions of dollars in bad debt calmed some of investors' anxiety about fallout for the lodging sector. http://www.ibtimes.com/articles/20080919/hotel-stocks-surge-after-government-action.htm Fri, 19 Sep 2008 15:53:46 EDT