Hotels / Motels / Cruise Lines
Ashford Hospitality Trust Inc announced that it has commenced a follow-on public offering of 11,000,000 shares of common stock. The Company expects to grant the underwriters of the offering a 30-day option to purchase up to an additional 1,650,000 shares of common stock.Ashford intends to use the...
Derwent London In Talks To Sell 50% Interest In 1-5 Grosvenor Place To Hongkong and Shanghai Hotels Ltd
Dow Jones reported that Derwent London PLC said it has entered into heads of terms to sell its 50% interest in 1-5 Grosvenor Place SW1 to Hongkong and Shanghai Hotels Ltd or Peninsula Hotels, for GBP132.5 million. Heads of terms entered into with Peninsula Hotels are not legally binding and...
Felcor Lodging Trust Inc announced that from fiscal 2012-2015 FFO per share goes from $0.23-$1.06. According to I/B/E/S Estimates, analysts on an average were expecting FFO per share of $0.40 for fiscal year 2013 , FFO per share of $0.57 for fiscal year 2014 , FFO per share of $0.78 for fiscal year...
Mergers & Acquisitions
No related earnings announcements are currently scheduled within the next 7 days.