Nomura Securities on Gaming and Lodging Stocks: U.S. RevPAR up 4.3%
Tweet Send to a Friend
Nomura Securities on Gaming and Lodging Stocks: U.S. RevPAR up 4.3%
Analyst, Harry Curtis, said, "Total U.S. RevPAR rose 4.3% for the week ended May 19, 2012. Results were negatively affected by a shift in the timing of Mother’s Day, which also created easier YoY comps earlier in the month. RevPAR was up 8.2% over the last 28 days and 7.8% quarter to date."
Highlights From the Week Ending 5/19/2012
1) U.S. ADR up 3.2% to $106.55; 2) U.S. Occupancy up 70 bps to 66.0%; 3) Best Performing City: St. Louis w ith RevPAR up 16.7%; and 4) Worst Performing City: Denver w ith RevPAR down -11.7%
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Analyst, Harry Curtis, said, "Total U.S. RevPAR rose 4.3% for the week ended May 19, 2012. Results were negatively affected by a shift in the timing of Mother’s Day, which also created easier YoY comps earlier in the month. RevPAR was up 8.2% over the last 28 days and 7.8% quarter to date."
Highlights From the Week Ending 5/19/2012
1) U.S. ADR up 3.2% to $106.55; 2) U.S. Occupancy up 70 bps to 66.0%; 3) Best Performing City: St. Louis w ith RevPAR up 16.7%; and 4) Worst Performing City: Denver w ith RevPAR down -11.7%
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Best Buy (BBY) Posts Q1 adj.-EPS of 32c; Comps Down 1.1%
- UPDATE: UBS Downgrades Carnival (CCL) to Neutral; Worst May Not Be Behind
- Wells Fargo Starts Popular, Inc. (BPOP) at Outperform
Create E-mail Alert Related Categories
Analyst Comments, Retail SalesRelated Entities
Nomura
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
