Showing Excellence Through Share Repurchase Programs, Solid Growth, and Prestigious Awards - Research Report on Las Vegas Sands, Starwood, Host Hotels & Resorts, Vail Resorts, and Hyatt
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NEW YORK, June 18, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting Las Vegas Sands Corp. (NYSE: LVS), Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), Host Hotels & Resorts Inc. (NYSE: CCL), Vail Resorts, Inc. (NYSE: MTN) 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 5, 2013, Las Vegas Sands Corp. (Las Vegas Sands) announced that its Board of Directors has approved a multi-year share repurchase program with an initial authorization of $2 billion, which the company expects to use in an opportunistic fashion. Sheldon G. Adelson, Chairman and Chief Executive Officer of Las Vegas Sands, said, "I am extremely proud to announce that the company's outstanding financial performance, together with our expanding cash flows and strong balance sheet, has enabled us to initiate a multi-year share repurchase program. We believe the implementation of our share repurchase program, together with our previously established recurring dividend program, will allow us to maximize returns to shareholders in the years ahead." Mr Adelson also noted that in 2012, the Company was able to return nearly $3.1 billion of capital to shareholders in the form of dividends, while retaining ample liquidity to pursue growth opportunities. 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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Starwood Hotels & Resorts Worldwide, Inc. Research Report
On June 11, 2013, W Hotels Worldwide (W Hotels), a brand under Starwood Hotels & Resorts Worldwide, Inc. (Starwood), unveiled the works of the 2013 W Hotel Designers of the Future Award Winners during the Design Miami/ Basel event, which was held from June 11, 2013 to June 16, 2013. Paul James, Global Brand Leader, W Hotels, St. Regis and The Luxury Connection, said, "The W Hotels Designers of the Future Award allows us to work with the best emerging design talent from around the world, while providing a global platform of exposure for these young talents during Design Miami/ Basel and beyond." 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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Host Hotels & Resorts Inc. Research Report
On June 3, 2013, Host Hotels & Resorts Inc. (Host Hotels & Resorts) announced that it has acquired the fee-simple interest in the 426-room Hyatt Place Waikiki Beach in Honolulu, Hawaii from an affiliate of Chartres Lodging Group, LLC and Morgan Stanley Real Estate Fund VII Global. The acquired property was valued at $138.5 million and will continue to be managed by Kokua Hospitality, subject to a franchise agreement with Hyatt. According to the Company, the newly acquired hotel is located at a high demand leisure market with occupancy at nearly 90%.The Full Research Report on Host Hotels & Resorts 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/29a9_HST]
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Vail Resorts, Inc. Research Report
On June 6, 2013, Vail Resorts, Inc. (Vail Resorts) reported its financial results for Q3 FY 2013 (period ended April 30, 2013). Vail Resort's EBITDA increased 14.2% YoY to $202.7 million, and net income increased 22.7% YoY to $97.6 million. Commenting on the results, Robert Katz, Chief Executive Officer of the Company, said, "We delivered record revenue and EBITDA, had a solid recovery in skier visits from the prior year and achieved robust increases in spending per guest. Skier visits at our Colorado resorts for the quarter were up 11.8% over the prior year, offset somewhat by a decline of 0.4% in skier visits in Tahoe (excluding Kirkwood), where unusually warm and dry temperatures this spring negatively impacted results. For the quarter, excluding the Acquisitions, lift revenue excluding season pass revenue was up 13.4% compared with the same period in the prior year and we saw continued growth in ancillary revenue, driven by increased guest spend, with dining revenue up 13.9%, ski school revenue up 11.8%, and retail/rental revenue up 7.4%." For full-year FY 2013, the Company expects Vail Resort's EBITDA to be between $236 million to $242 million. The Full Research Report on Vail Resorts, 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/0e77_MTN]
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Hyatt Hotels Corporation Research Report
On June 13, 2013, Hyatt Hotels Corporation (Hyatt) announced that The International Customer Management Institute (ICMI) awarded the Company with the "Best Use of Technology" award for its use of Interactions' Virtual Assistant services at its North American Service Centers in Omaha, Nebraska and Marion, Illinois. John Romano, Director of Operations at Hyatt Hotels & Resorts, said, "Receiving the Best Use of Technology award from ICMI is particularly meaningful because the integration of Interactions' Virtual Assistant has allowed our associates at Hyatt's North American Service Centers to continue enhancing and elevating the Hyatt guest experience during the booking process. By introducing a technology application that fits seamlessly into our service center reservations processes, our associates are able to focus on bringing the Hyatt brands to life, build loyalty amongst our guests and, ultimately, create value for Hyatt."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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