Fresh Partnerships, New Hotel Openings, and Construction of All-Digital Movie Theatres - Research Report on Expedia, Starwood, Marriott International, Alaska Air Group, and Cinemark
NEW YORK, July 11, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting Expedia Inc. (NASDAQ: EXPE), Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT), Marriott International, Inc. (NYSE: MAR), Alaska Air Group, Inc. (NYSE: ALK), and Cinemark Holdings Inc. (NYSE: CNK). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Expedia Inc. Research Report
On July 1, 2013, Expedia Inc. (Expedia) announced that it has signed more than 40 small and mid-sized brands that represent more than 1,500 hotels to the Company's Expedia Traveler Preference (ETP) program. According to Expedia, these include brands from all over the US, EMEA, and the Caribbean that will offer Expedia customers a choice of whether to pay for a room up front or at the time of the stay. As stated by Melissa Maher, Senior Vice President of the Global Partner Group at the Company, "The data shows that the ETP program is driving more demand for participating hotels. We've been getting a lot of nice feedback from our partners who have rolled it out." The Company stated that recent data from over 2400 participating hotels in Europe showed that hotels experienced an improvement of more than five percentage points in travel demand growth for those bookings where payment choice was enabled. The Full Research Report on Expedia 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/85aa_EXPE]
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Starwood Hotels & Resorts Worldwide Inc. Research Report
On July 8, 2013, Starwood Hotels & Resorts Worldwide Inc. (Starwood) together with EXT Promociones S.A., announced the opening of Sheraton San Jose, which marks the return of the Sheraton brand into Costa Rica. Starwood said that the 172-room hotel, managed by GHL Hoteles, offers all of the brand's signature amenities and services. According to Osvaldo Librizzi, Co-President of the Americas, Starwood, "Sheraton San Jose to Costa Rica is a great addition to our stellar portfolio of Sheraton-branded hotels in Latin America. It is yet another demonstration of our capacity to deliver on our expansion strategy while opening world-class hotels that serve the needs of business and leisure travelers in key markets such as Costa Rica." 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 27, 2013, Marriott International, Inc. (Marriott International) announced that its 298-room Paris Marriott Opera Ambassador Hotel will join its portfolio of more than 3,800 properties worldwide on July 1, 2013 under a franchise agreement with WB AMBASSADOR SAS. Amy McPherson, President and Managing Director of Marriott International in Europe, commented, "We are delighted to grow our footprint in Paris with this timeless property. There has never been a more exciting time to introduce our fourth Marriott property to the market with the many transformative changes happening within our signature brand. Paris is one of the most dynamic and sought after cities in the world and we look forward to being ready to host the next generation of travelers." 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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Alaska Air Group, Inc. Research Report
On July 3, 2013, Alaska Air Group, Inc. (Alaska) announced that its subsidiary Alaska Airlines has added Aeromexico as a mileage plan partner. According to the Company, Alaska Airlines Mileage Plan members can now earn miles when flying with Aeromexico, which serves 80 destinations throughout Mexico, the United States, Canada, Central and South America, Europe and Asia. According to Caroline Boren, the Company's Managing Director of Loyalty Marketing and Customer Advocacy, "We're pleased to launch a frequent flier partnership with Aeromexico aimed at offering Mileage Plan members the ability to earn and redeem miles to unique destinations throughout Mexico and Central and South America from their hub in Mexico City." Further, on July 4, 2013, Alaska reported June 2013 operational results for its subsidiaries, Alaska Airlines and Horizon Air. Alaska Airlines reported traffic increase of 8.1% YoY and capacity increase of 8.6% YoY. Horizon reported an increase of 4.1% YoY in traffic and a decrease of 1.6% YoY in capacity. The Full Research Alaska Air Group, 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/419b_ALK]
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Cinemark Holdings Inc. Research Report
On June 27, 2013, Cinemark Holdings Inc. (Cinemark) announced that it has contracted to purchase land to construct a new 14-screen, all-digital movie theatre in Frisco, Texas. As per Cinemark, the theatre complex will feature major retail anchors, entertainment venues, specialty stores and restaurants along with other mixed-use components. The Company's Chief Executive Officer, Tim Warner, commented, "We are very excited as this new complex will be the second Cinemark NextGen movie theatre that we will be offering to our guests in Frisco. This theatre will be part of a premier shopping destination being developed by Forest City and will quickly become recognized as a preferred location to enjoy a great movie-going experience." The Full Research Report on Cinemark Holdings 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/b9c0_CNK]
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SOURCE Wall Street Reports
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