May 12, 2020 / 10:55 AM / 23 days ago

BRIEF-Langham Hospitality Investments Sees No Declaration Of HY Interim Distribution

May 12 (Reuters) - Langham Hospitality Investments Ltd :

* SEES QTRLY AGGREGATE GROSS OPERATING PROFIT BEFORE GLOBAL MARKETING FEES OF HOTELS OF TRUST GROUP DOWN 110%

* EXPECTS COVID-19 RESTRICTS WILL CONTINUE TO SIGNIFICANTLY IMPACT BUSINESS OPERATIONS OF HOTELS

* EXPECT NO INTERIM DISTRIBUTION FOR HY WILL BE DECLARED PAYABLE TO HOLDERS OF SSUS

* ANTICIPATES MITIGATION MECHANISM WILL LIKELY BE TRIGGERED IN Q3 OF 2020 Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below