Hotels, Resorts & Cruise Lines

The takeover of the EDITION Hotel Waikiki early Sunday morning by the hotel's owner and affiliated partners was illegal and a blatant violation of Marriott's contractual agreement with the owner, Marriott International, Inc. (NYSE: MAR) said today.  

Morgan Stanley downgraded Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) from “overweight” to “equal-weight.” HOT's shares closed at $40.67 yesterday. HOT's trailing-twelve-month ROA is 3.93%. Regeneron Pharmaceuticals Inc (NASDAQ: REGN) was downgraded by Citigroup from "buy" to "hold."...

Morgan Stanley has downgraded Starwood Hotels & Resorts (NYSE: HOT) from Overweight to Equal-weight and has established a $47 price target.

Aspen Technology, Inc. (NASDAQ: AZPN) Gains 17% POINT ROBERTS, Aug. 25, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Aug. 24, 2011. Aspen Technology led the top percentage gainers for the day...

Royal Caribbean Cruises Ltd. (NYSE: RCL) has been informed by Cruise Associates and A Wilhelmsen AS, its two largest shareholders, that they have terminated the Shareholders' Agreement between themselves. The Company is not a party to the Agreement. The Company has included with this release a...

Choice Hotels International, Inc. (NYSE: CHH) is proud to announce their new partnership with Access Point Financial, Inc., a full-service lending and advisory platform that will provide financing to qualified franchisees of major hotel brands. Choice Hotels, one of the world's largest hotel...

J.P. Morgan is out with its report today on Wyndham Worldwide (NYSE: WYN), maintaining Overweight. In its report, J.P. Morgan writes, "We reaffirm our Overweight rating on WYN and continue to like it for the following reasons: (1) its substantial valuation discount to its peers, (2) its (still)...

Gabelli is out with its report today on Gaylord Hotels (NYSE: GET), maintaining Buy. In its report, Gabelli writes, "Driven by an 'All-in-One-Place' strategy, Gaylord is the only publicly traded hospitality company with a primary focus on the MICE (Meetings, Incentives, Conferences, and Events)...

Robert W. Baird downgraded Hewlett-Packard Company (NYSE: HPQ) from “outperform” to “neutral.” HPQ's shares closed at $29.51 yesterday. Hewlett-Packard's trailing-twelve-month ROA is 6.94%. Motorola Mobility Holdings Inc (NYSE: MMI) was downgraded by Oppenheimer from "outperform" to "perform." MMI...

IHG (NYSE: IHG) today announced the signing of the Holiday Inn Express in the city of Rio Branco, Brazil. The new-build property is slated to open in November 2013. The hotel will be owned by Inter-Oceanica Hotelaria e Turismo Ltda., under a franchise agreement with a company within...

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) has signed an agreement with Serka Turizm A.S. to open a new-build Sheraton hotel in Adana, Turkey. The new Sheraton Adana Hotel will mark the debut of Starwood in the city and further underscores the company's rapid growth in this important...

J.P. Morgan Chase & Co. is out with a research report on Starwood Hotels & Resorts Worldwide (NYSE: HOT) and it has an Overweight rating and a $74 price target on shares. In a note to clients, J.P. Morgan Chase & Co. writes, "We recently met with HOT's Vice Chairman and Chief Financial...

Gaylord Entertainment Co. (NYSE: GET) today announced that its Board of Directors elected yesterday to extend the term of the Company's shareholder rights plan by one year until August 12, 2012. This extension was not in response to any acquisition proposal. Except for the extension of the...

Jefferies & Company has downgraded Starwood Hotels & Resorts (NYSE: HOT) from Buy to Hold and has lowered the price target from $68 to $42.

Jefferies & Company has downgraded Orient-Express Hotels (NYSE: OEH) from Hold to Underperform and has lowered the price target from $10 to $6.50.