Expansion Strategies and New Contracts Spread Optimism for Hotel Industry - Research Report on Las Vegas Sands, Melco Crown Entertainment, Starwood Hotels & Resorts, Marriott International, and Hyatt
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NEW YORK, June 27, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting Las Vegas Sands Corp. (NYSE: LVS), Melco Crown Entertainment Limited (NASDAQ: MPEL), Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT), Marriott International, Inc. (NYSE: MAR), and Hyatt Hotels Corporation (NYSE: H). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Las Vegas Sands Corp. Research Report
On June 17, 2013, Las Vegas Sands Corp. (Las Vegas Sands) announced that UBS Investment Bank's Executive Grant Chum, will join the Company as Senior Vice President of Global Gaming Strategy. Mr. Chum is expected to begin his term in the Company in August 2013, after fulfilling all his obligations at UBS Investment Bank. Sheldon G. Adelson, Chairman and CEO of Las Vegas Sands, commented, "We've known Grant for many years and we are all big admirers of his work. To have him join our leadership team is very exciting and we expect he will contribute meaningfully from the moment he starts." Adelson added, "As we continue to review our current businesses, further execute on our plans to return capital to our shareholders and pursue new development opportunities in Asia, Grant will play an important role in helping us maximize the many opportunities ahead of us." The Full Research Report on Las Vegas Sands Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/c1e6_LVS]
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Melco Crown Entertainment Limited Research Report
On June 23, 2013, Melco Crown Entertainment Limited (Melco Crown Entertainment) announced that it has received honor in the 9th Corporate Governance Asia Recognition Awards. Also, the Company's subsidiary, Melco Crown (Philippines) Resorts Corporation (MCP), became the first casino resort operator in Manila, to have been honored in FinanceAsia's annual Best Companies in Asia Poll, in which three awards were received by MCP this year. Lawrence Ho, Co-Chairman and CEO of Melco Crown Entertainment, stated, "We are delighted to garner these prestigious and authoritative awards this year and to be recognized by investors and analysts as being among the most outstanding companies in the region." Lawrence Ho added, "Moving forward, we will continue to adopt measures to maintain the highest standards of corporate governance by bolstering governance and transparency, which will enhance the long-term trust and confidence of our major stakeholders." The Full Research Report on Melco Crown Entertainment Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/96ff_MPEL]
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Starwood Hotels & Resorts Worldwide Inc. Research Report
On June 24, 2013, Starwood Hotels & Resorts Worldwide Inc. (Starwood Hotels & Resorts) announced that it has entered into an agreement with Jabal Omar Development Company for the opening of three new hotels in the Holy City of Makkah. Starwood Hotels & Resorts reported that as part of the Jabal Omar Development project, it will add 1,496 rooms under the Company's Sheraton, Westin, and Four Points by Sheraton brands, by 2015. Michael Wale, President of Starwood Hotels & Resorts, Europe, Africa, and Middle East, commented, "As business travel and religious tourism continue to expand in Saudi Arabia, we believe the time is right to expand our portfolio in the country." The Full Research Report on Starwood Hotels & Resorts Worldwide Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/8e94_HOT]
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Marriott International, Inc. Research Report
On June 24, 2013, Marriott International, Inc. (Marriott International) announced that it will officially celebrate the multi-million dollar renovation completion of the iconic Falls Pool Oasis at the Orlando World Center Marriott, from July 18 to July 21, 2013. The Orlando World Center Marriott towers over 200 prime acres in Central Florida, and features an iconic Falls pool, a championship golf course, the Bill Madonna Golf Academy at Hawk's Landing Golf Club, a full service spa and fitness center, as well as 10 restaurants and lounges, including a food court for guests on-the-go. The Company informed that the 2,000-room resort is located only 1.5 miles from Walt Disney World and just minutes from SeaWorld Orlando, Discovery Cove, Aquatica, and Universal Studios Orlando. The Full Research Report on Marriott International, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/910a_MAR]
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Hyatt Hotels Corporation Research Report
On June 18, 2013, Hyatt Hotels Corporation (Hyatt) announced the execution of an agreement to form a joint venture between a Hyatt affiliate and FSA Group S.A. (FSA), a Libra Group company to develop and own nine Hyatt Place-branded hotels in Brazil. Hyatt reported that the total investment from the Company and FSA for the development is worth approximately $270 million. Pat McCudden, Senior Vice President, Real Estate And Development - Latin America and Caribbean, Hyatt Hotels & Resorts, stated, "This joint venture represents the next phase of Hyatt's expansion in Latin America, and we are thrilled to work with an experienced developer that can help bring the Hyatt Place brand to one of the largest countries in the world." The Full Research Report on Hyatt Hotels Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/f091_H]
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SOURCE Wall Street Reports
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