International Business News - SHO 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 Shares of most hotel real estate investment trusts dropped Wednesday afternoon--some posting percentage declines in the double digits--as a pair of analysts issued downbeat outlooks for the sector. http://www.ibtimes.com/articles/20081008/sector-snap-hotel-reits-drop.htm Wed, 08 Oct 2008 13:50:06 EDT Shares of hotel real estate investment trusts dropped further on Monday amid a global market sell-off, after a gloomy forecast by Marriott International Inc. last week heightened investors' worries about the already-battered industry. http://www.ibtimes.com/articles/20081006/shares-of-hotel-reits-drop-amid-global-sell-off.htm Mon, 06 Oct 2008 13:21:51 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 Shares of Starwood Hotels & Resorts Worldwide Inc. dropped sharply on Monday, hitting a five-year low, as an analyst downgraded the stock to "Hold" and pessimism about business and leisure hotel demand continued to build. http://www.ibtimes.com/articles/20080929/starwood-shares-downgraded-drop-to-new-5-year-low.htm Mon, 29 Sep 2008 13:09:14 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 Sunstone Hotel Investors Inc. gained modestly on Monday, after the hotel real estate investment trust said it acquired 32.6 acres of the land under its Renaissance Orlando Resort at SeaWorld for $30.4 million. http://www.ibtimes.com/articles/20080908/sunstone-hotel-buys-orlando-land-for-30-4m.htm Mon, 08 Sep 2008 15:51:47 EDT Matt Emmons aimed at the target--his own, this time. Four years ago, he lost a gold medal by shooting at someone else's, and he wasn't about to make that mistake again. http://www.ibtimes.com/articles/20080817/last-shot-sinks-american-shooter-again.htm Sun, 17 Aug 2008 08:47:45 EDT Oleksandr Petriv of Ukraine has won the gold medal in the men's 25-meter rapid-fire pistol. Three-time gold medalist Ralf Schumann of Germany won the silver Saturday, and Christian Reitz of Germany took the bronze. http://www.ibtimes.com/articles/20080816/ukrainian-rallies-to-win-rapid-fire-shooting-event.htm Sat, 16 Aug 2008 03:04:24 EDT American Glenn Eller won the gold medal in double trap shooting Tuesday, building a solid lead during qualifying and then hitting 45 of 50 targets in the final round. http://www.ibtimes.com/articles/20080812/texan-wins-gold-in-double-trap-shooting.htm Tue, 12 Aug 2008 03:51:50 EDT Glenn Eller of Katy, Texas, set an Olympic record in qualifying for the double trap final Tuesday. Eller's score of 145 was one better than that of Ahmed Al-Maktoum of United Arab Emirates in the 2004 Olympics. Eller led by four targets heading into Tuesday's final round. Francesco D'Aniello of Italy was second, followed by Jeffrey Holguin of Yorba Linda, Calif. http://www.ibtimes.com/articles/20080812/american-sets-record-in-double-trap-qualifying.htm Tue, 12 Aug 2008 01:18:49 EDT Sunstone Hotel Investors Inc. on Thursday named a new president and said he would take over as chief executive next year. The company said Arthur L. Buser will become president on July 21. After a transition period that will end no later than July 1, 2009, Buser will replace Bob Alter as chief executive. http://www.ibtimes.com/articles/20080619/sunstone-hotel-announces-ceo-succession-plan.htm Thu, 19 Jun 2008 17:10:21 EDT Sunstone Hotel Investors Inc. lowered the range at which it will buy at auction 6.2 million of its own shares, citing "softness" in stock prices for companies in its industry. http://www.ibtimes.com/articles/20080616/sunstone-hotel-lowers-auction-price-for-buyback.htm Mon, 16 Jun 2008 10:48:38 EDT Among the earnings projection stories for Monday, June 2, from AP Financial News: NEWPORT BEACH, Calif. (AP)--Chipmaker Conexant Systems Inc. on Monday announced a reverse stock split, said it expects fiscal third-quarter results at the high end of previous guidance and issued a fiscal fourth-quarter outlook. http://www.ibtimes.com/articles/20080602/outlook-roundup-conexant-agilysys.htm Mon, 02 Jun 2008 10:47:27 EDT Sunstone Hotel Investors Inc. said Monday it expects the sale of a hotel to be neutral or add slightly to its full-year adjusted funds from operations. http://www.ibtimes.com/articles/20080602/sunstone-sale-may-slightly-add-to-2008-ffo-results.htm Mon, 02 Jun 2008 06:44:16 EDT Sunstone Hotel Investors Inc. said Monday it sold the Hyatt Regency Century Plaza to Next Century Associates LLC for about $366.5 million. Sunstone, a real estate investment trust, said the sale should be neutral or add slightly to its full-year adjusted funds from operations. http://www.ibtimes.com/articles/20080602/sunstone-sells-hyatt-property-for-366-5-million.htm Mon, 02 Jun 2008 06:42:27 EDT