Tag: EBITDA
Fraport AGM: Well Positioned for the Future, Nationally and Internationally
Juergen T Steinmetz- May 28, 2019 08:01Fraport AG's executive board chairman, Dr. Stefan Schulte, struck a positive note at the company's Annual General Meeting (AGM) today: "We can look back on a very successful 2018. Supported ... Read More
Italian Exhibition Group ends first quarter on an upswing
editor- May 15, 2019 01:31The Italian Exhibition Group (IEG) is growing in every sector. The rises on 2017 were confirmed recently by the 2018 financial statement figures, with double-digit growth: 10.8 million euros net ... Read More
FRAPORT: Revenue and earnings increase – Outlook confirmed
Juergen T Steinmetz- May 8, 2019 08:02The Fraport Group has successfully started off the new business year, achieving higher revenue and earnings in the first three months of 2019. Supported by solid passenger growth at Frankfurt ... Read More
London Heathrow: Recording another record
Juergen T Steinmetz- May 1, 2019 08:58London Heathrow is recording another record. More passengers than ever before – Heathrow achieved its 29th consecutive month of growth, welcoming a record 17.9 million passengers in Q1 2019 Award-winning service – ... Read More
Centel Announces all-times high and annual cash dividend
Juergen T Steinmetz- April 25, 2019 08:15Central Plaza Hotel Public Company Limited (“CENTEL”) (SET: CENTEL) today announced that the shareholders in their AGM 1/2562 have passed the resolution of an annual cash dividend on the company ... Read More
Aéroports de Montréal: Record number of travelers at Montréal-Trudeau
Chief Assignment Editor- March 23, 2019 01:30Aéroports de Montréal (ADM) today announced its operating results for the year ended December 31, 2018. A record number of travelers were welcomed at Montréal-Trudeau, leading to a strong 7.0% ... Read More
Munich Airport reports 2018 net profit of 150 million euros
Chief Assignment Editor- March 20, 2019 16:01Munich Airport reported a successful 2018 operating year at its annual press conference in Munich today: The 3.8 percent increase in traffic to a total of 46.3 million passengers flying ... Read More
Allegiant Airlines’ ancillary revenue initiatives among most innovative in the world
Chief Assignment Editor- March 19, 2019 16:38Allegiant is based in Las Vegas, but it has never relied upon the notion of “luck” as part of its business strategy. The airline was born in 1997 and immediately ... Read More
Fraport 2018 Fiscal Year: Revenue and Earnings Increase Significantly
Juergen T Steinmetz- March 19, 2019 08:10Boards propose dividend increase to EUR2 - Outlook remains positive In the 2018 fiscal year (ending December 31), Fraport AG continued on its growth path, achieving new records in revenue ... Read More
Air Canada suspends 2019 Financial Guidance over Boeing 737 MAX grounding
Chief Assignment Editor- March 15, 2019 17:13Air Canada announced today that, following Transport Canada's safety notice closing Canadian airspace to Boeing 737 MAX aircraft until further notice, the Federal Aviation Administration's temporary grounding order and Boeing's ... Read More
Fairmont Pittsburgh bought for $30 million Dollars
Juergen T Steinmetz- February 24, 2019 06:04Fairmont Pittsburgh, a 185-room luxury hotel located in Pittsburgh, Pennsylvania was bought for a purchase price of $30 million, or approximately $162,000 per key by Xenia Hotels & Resorts. The acquisition ... Read More
MGM Resorts International announces leadership changes
Chief Assignment Editor- February 22, 2019 21:07MGM Resorts International today announced changes to its leadership team and a streamlining of responsibilities to empower leaders to drive the Company's strategic direction and implement change as part of ... Read More
Indian Hotels Company continues to make waves in hospitality
editor- February 12, 2019 23:24The Indian Hotels Company Limited (IHCL), a South Asia hospitality company, reported its consolidated and standalone financials for the third quarter and 9 months of the year ending December 31, ... Read More
MGM Resorts International launches new program to reduce costs, improve efficiencies
Chief Assignment Editor- January 5, 2019 18:14MGM Resorts International today announced a plan to further reduce costs, improve efficiencies and position the Company for growth. The Company expects to deliver annualized Adjusted EBITDA uplift of $300 ... Read More
Xenia Hotels & Resorts sells Residence Inn Denver City Center
Chief Assignment Editor- December 20, 2018 18:08Xenia Hotels & Resorts, Inc. today announced it has sold the 228-room Residence Inn Denver City Center in Denver, Colorado for a price of $92 million, or approximately $404,000 per ... Read More
Hyatt buys Two Roads Hospitality
Juergen T Steinmetz- December 3, 2018 17:22Hyatt has completed the previously announced acquisition of Two Roads Hospitality, a lifestyle hotel management company with a unique collection of distinctive brands. Read More
Fraport puts emphasis on retail revenue
editor- January 21, 2010 07:29While Fraport, owner and operator of Frankfurt airport, mainland Europe’s biggest hub, has just announced preliminary plans to raise its aeronautical fees (see eTN December 1), the company is also ... Read More