117.97 +0.01 (0.01%)
After hours: 6:26PM EDT
|Bid||112.09 x 800|
|Ask||124.83 x 1200|
|Day's Range||116.37 - 118.72|
|52 Week Range||114.05 - 149.21|
|Beta (3Y Monthly)||1.35|
|PE Ratio (TTM)||28.49|
|Earnings Date||Nov 5, 2018|
|Forward Dividend & Yield||1.64 (1.40%)|
|1y Target Est||145.90|
The Ballantyne has gotten a multimillion-dollar facelift — the first extensive renovations to that property since it opened in September 2001.
A hotel workers walkout in Chicago that initially affected 26 properties has dwindled to one hotel where workers remain on strike.
Walt Disney World’s newest mixed-use development has become a hotbed for hotel rooms — raising the plan from four new properties to six. Plans filed earlier this month with Orange County show a pair of hotels totaling 321 rooms may be coming to 18 vacant acres just south of Flamingo Crossings, a master-planned Disney development with apartments, shops and hotels. It’s unknown who will develop the two new hotels. Site plans for the new project show a new 173-room, eight-story Holiday Inn Resort and a 148-room Hyatt House split between two multistory buildings, which will share swimming pools, a patio area and other amenities.
The Zacks Analyst Blog Highlights: JPMorgan, Citigroup, NIKE, Constellation Brands and Marriott
BETHESDA, Md., Oct. 17, 2018 /PRNewswire/ -- Luxury Daily, the world's leading luxury business publication, has named Antonia Hock, Vice President of The Ritz-Carlton Leadership Center, to its 2019 Top 25 Women to Watch in Luxury list. Luxury Daily annually honors select women executives who show the potential to make a difference in the luxury business in the year ahead. Hock, a global expert on customer experience and the luxury experience economy, has led business units across many industries to drive award-winning innovation, double-digit sustainable growth, and exceptional customer experience throughout her career.
Unite Here Local 5 said it has not yet heard from Kyo-ya Hotels and Resorts regarding contract negotiations.
NEW YORK, Oct. 16, 2018 /PRNewswire/ -- Pack your bags! W is heading to Brazil. W Hotels Worldwide, part of Marriott International, Inc., today announced the signing of the brand's first hotel in Brazil. Slated to open in 2021, W São Paulo will add a new beat to the heart of Brazil's most populous metropolis.
CHICAGO, Oct. 16, 2018 /PRNewswire/ -- Aloft Hotels, along with Tishman Hotel Corporation and MetLife Investment Management, today announces the opening of Chicago's newest hotel, Aloft Chicago Mag Mile. The newly-built hotel from Marriott International's tech-savvy and design-forward brand Aloft, features 337 urban-inspired guestrooms and just over 5,600 square feet of creative, art-inspired meeting spaces, making this the largest Aloft property in North America.
For the first time in decades, a new hotel has opened in downtown Dayton. The Fairfield Inn & Suites Dayton in downtown's Water Street District is now open, according to officials of Shaner Hotels. The hotel management company operates the Fairfield Inn & Suites and also co-owns the hotel, alongside Columbus real estate company Crawford Hoying.
More hotel options are in the works near Walt Disney World's mixed-use Flamingo Crossings development. Plans filed with Orange County shows a pair of hotels totaling 321 rooms may be coming to 18 vacant acres just south of Flamingo Crossings, a master-planned Disney development with apartments, shops and hotels. Site plans for the new project show a new 173-room, eight-story Holiday Inn Resort and a 148-room Hyatt House that will be split between two multi-story buildings, which will share amenities such as swimming pools and patio area.
In a bid to fortify its select service brand and expand footprint, Marriott (MAR) plans to expand in the United Arab Emirates.
NEW YORK, Oct. 11, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
DUBAI, United Arab Emirates, Oct. 10, 2018 /PRNewswire/ -- Marriott International continues to reinforce its position as a leading hospitality company in the UAE with the expected addition of 11 new properties by year-end and a robust development outlook over the next five years. Year-to-date, the company has added six new properties and is scheduled to add five more in the country - bringing its portfolio in the UAE to 59 properties and over 17,000 rooms across six Emirates by the end of the year. Two of the company's openings this year feature regional brand debuts - the eco-conscious Element Hotels brand, which opened earlier this year in Dubai, and the EDITION brand, which is scheduled to open in Abu Dhabi later this year.
The deal includes more than 85 properties under the Joie de Vivre, Thompson Hotels, Destination Hotels, tommie, and Alila Hotels & Resorts brands.
BETHESDA, Md., Oct. 9, 2018 /PRNewswire/ -- The Luxury Collection® Hotels & Resorts, announced today the opening of its first property in the Kingdom of Jordan, the highly anticipated Al Manara, a Luxury Collection Hotel, Saraya Aqaba. Developed by Eagle Hills Jordan, the 207-room hotel is located in the heart of Aqaba's newest beachside destination, Saraya Aqaba, offering guests a contemporary luxury experience in a setting that merges Jordan's rich heritage and history through traditional architecture, sumptuous décor and magnificent surroundings.
BETHESDA, Md., Oct. 9, 2018 /PRNewswire/ -- Marriott International today debuted a bold new media campaign showcasing the power of its independent hotel platform across the company's three collection brands: The Luxury Collection, Autograph Collection Hotels and Tribute Portfolio. Rolling out globally through the end of the year, the creative campaign reinforces the growing demand among today's consumers for the unique travel experiences found at Marriott International's global portfolio of 300 independent properties.
Denver’s largest hotel has been sold to a joint venture between an Atlanta real-estate company and a Southern California private-equity firm, and a major renovation of the 57-year-old property will be coming soon, the new owners said Monday. The 1,231-room Sheraton Denver Downtown Hotel is now under the ownership of Denver HS-EF Court Place LLC, a partnership between High Street Real Estate Partners of Atlanta and Eagle Four Partners of Newport Beach, California.
Two Roads Hospitality will become a part of one of the world’s largest hotel companies following the completion of a potential $600 million sale that give the 85-property hotel company far more resources to expand its brands on an international basis. Hyatt Hotels Corp. (NYSE: H) announced Monday that it’s reached an agreement to buy the Arapahoe County-based company that oversees five hotel brands — Destination Hotels, Joie de Vivre Hotels, Thompson Hotels, tommie and Alila Hotels & Resorts. The acquisition comes at a base purchase price of $480 million, with the potential for Hyatt to invest $120 million more, contingent on the outcome of certain items to be individually defined after closing, according to a news release.
One of the firm's most recent developments is a 167-room hotel in Savannah that is part of Marriott's elite Luxury Collection.
The expanded strike adds more pressure to the Bay Area's largest hotel operator and regional tourism industry, which is in the midst of its busiest convention season of the year.
A major player in the hotel industry in the Carolinas and Virginia has chosen the Triad as a spot to consolidate divisions and purchased an office condo in the area, Triad Business Journal has learned. Daly Seven Hotels, a family-owned company operated by seven siblings from Danville, Virginia, that owns 38 hotels and nine more on the way, bought the headquarters of The Brooks Group at 3810 N. Elm St. in Greensboro. The company intends to use the 10,000-square-foot office condo as the home of its hotel operations and construction management divisions.
SAN FRANCISCO (AP) — Thousands of housekeepers, cooks and other workers at Marriott-affiliated hotels went on strike in San Francisco and San Jose on Thursday after months of negotiations for job security, a wage increase and what unions call work overloads.
Chicago-based Hyatt Hotels said late today it has settled a strike with the chain’s Chicago-based hotel workers. As the strike wore on with noisy picketers placed in front of hotels hit by the strike, spokespeople for Unite Here, which represents the workers, said the strike would end only when workers had gotten the principal healthcare benefit they were seeking.