Hotels, Motels & Cruise Lines

Safestay PLC announces placing to raise 3.3 mln pounds

Safestay PLC:Raises about 3.315 mln pounds (before expenses) by way of a placing by Westhouse Securities of 6,027,272 new ordinary shares of 1 pence each at a price of 55 pence per new ordinary share with institutional and other investors.New Ordinary Shares will represent about 31.3 pct. of the...

Wednesday, 17 Dec 2014

InterContinental Hotels Group to acquire Kimpton Hotels & Restaurants

InterContinental Hotels Group PLC:To acquire Kimpton Hotels & Restaurants for $430 mln in cash.Acquisition makes IHG the clear market leader in the boutique segment, the fastest growing segment in the industry.BofA Merrill Lynch acted as financial adviser to IHG.

Tuesday, 16 Dec 2014

Peak Resorts declares initial cash dividend

Peak Resorts:Declares its first-ever cash dividend of 10.91 cents per share of common stock.Payable on Feb. 20, 2015, to stockholders of record on Jan. 02, 2015.

Tuesday, 9 Dec 2014

Shanghai Jin Jiang International Hotels Development Co Ltd completes private placement

Shanghai Jin Jiang International Hotels Development Co Ltd:Issued 201,277,000 shares at 15.08 yuan per share through private placement to two Shanghai-based entities.Raised 3,035,257,160 yuan.A Shanghai-based equity investment fund partnership is holding 12.43 pct stake (100 million shares) in the...

Saturday, 6 Dec 2014

Tallink Grupp AS announces election of chairman of the supervisory board

Tallink Grupp AS:Announces that the company's supervisory board has unanimously elected Enn Pant as the new chairman of the supervisory board effective from Jan. 1, 2015.

Friday, 5 Dec 2014

Land & Leisure comments on FY 2014/2015 outlook

Land & Leisure A/S:Sees FY 2014/2015 revenue from 280 million Danish crowns to 300 million crowns.Sees FY2014/2015 operating profit of 30-40 million crowns.Sees FY 2014/2015 pretax profit of 30-40 million crowns.

Thursday, 4 Dec 2014

Land & Leisure proposes dividend of DKK 0.2/share for FY 2013/2014

Land & Leisure A/S:Proposes to pay dividend of 6.67 pct, corresponding to 0.20 Danish crowns per share for FY 2013/2014.Paid dividend of 0.15 crowns for FY 2012/2013.

Thursday, 4 Dec 2014

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