QE2 Luxury Hotel Conversion Plans Stall

Another sign of torubles in Dubai

Another Dumb Move at Starbucks?

Moody's cuts Wyndham ratings to junk, outlook stable

AMERISTAR CASINOS REPORTS FIRST QUARTER 2009 RESULTS

􀂐 Achieved Record Quarterly Adjusted EBITDA ($95.8 Million) and
Adjusted EPS ($0.52)
􀂐 19.6 Percent Improvement in Adjusted EBITDA and 73.3 Percent
Improvement in Adjusted EPS Year Over Year
􀂐 All Properties Improved Adjusted EBITDA Margins Year Over Year
􀂐 Amended Credit Agreement Enhances Financial Flexibility and
Should Ensure Covenant Compliance Through at Least November
2010

Here is the Presentation
http://www.ameristar.com/corp/Presentation.asp

America's Hottest Sector: Casual Dining Restaurants.

Panera Bread first quarter earnings

Panera Bread Reports Q1 EPS of $0.57, up 39% over Q1 2008
HIGHLIGHTS
- Q1 2009 operating profit up 36% over Q1 2008
- Comparable system-wide bakery-cafe sales increased 0.7% in Q1 2009
- Q1 2009 Company-owned new unit AWS of $41,922
- Q2 2009 EPS target set at $0.62 to $0.66 (up 19% to 27% versus Q2 2008)
- FY 2009 EPS target re-affirmed at $2.55 to $2.71 (up 15% to 22% versus FY 2008)

STR Global posts March 2009 results for Asia/Pacific region

STR releases updated projections for 2009 and 2010

STR Global posts March 2009 results for Europe

STR Global posts Middle East/Africa March 2009 results

STR Global posts Americas performance results for March 2009

Buffalo Wild Wings, Inc. Announces First Quarter 2009 Results

Hotel Lawyers: Swine Flu's legal implications

Wyndham Worldwide Reports First Quarter 2009 Results

PARSIPPANY, N.J. 04-29-2009 —
Wyndham Worldwide Corporation (NYSE:WYN) today announced results for the three months ended March 31, 2009.
HIGHLIGHTS:
First quarter 2009 adjusted net income was $74 million, or $0.41 diluted earnings per share (EPS), compared with adjusted net income of $62 million, or $0.35 diluted EPS, for the first quarter of 2008.
First quarter 2009 net cash from operating activities was approximately $210 million, compared with $87 million in the first quarter of 2008. The remaining borrowing capacity on the Company's revolving credit facility increased to approximately $355 million compared with approximately $290 million as of December 31, 2008.

Financial Tables
http://www.wyndhamworldwide.com/docs/WYN1Q09FinancialTables.xls

Burger King Posts Profit, Cuts Outlook

Burger King Holdings, Inc. Reports Third Quarter Fiscal 2009 Results

MIAMI--(BUSINESS WIRE)--Apr. 29, 2009-- Burger King Holdings, Inc. (NYSE:BKC):
Highlights:
21st consecutive quarter of worldwide positive comparable sales; up 1.0% despite a 1 point negative calendar shift as 3Q F’08 included an extra day due to leap year.
20th consecutive quarter of U.S. and Canada positive comparable sales, up 1.6% despite a 1 point negative calendar shift as 3Q F’08 included an extra day due to leap year.
Trailing twelve-month net restaurant count increased by 355; on target to meet annual development guidance – among the highest growth rates in the industry.

Dubai House Prices Plunged 41% in the First Quarter

Not that this has much to do with hotels, but it shows the depth of the problems in Dubai. What is going to happen with all the new hotels and reosrts that have been built there? Not to mention all the office towers that continue to be built

Euro Disney Loss Widens

Harrah’s Entertainment Reports 2009 First-Quarter Results

Revenues decline 13.3 percent from 2008 first quarter
First-Quarter Property EBITDA declines 13.7 percent from prior year
Harrah’s Operating Company exchange offer reduces debt, lowers interest expense

Beer sales plummet

The British pub is under renewed threat with the release of figures that reveal that beers sales have slumped by more than 8% over the last year.

DineEquity, Inc. Announces Solid First Quarter 2009 Financial Results

Company Retires $88 Million of Securitized DebtGLENDALE, CA, Apr 28, 2009 (MARKET WIRE via COMTEX) -- DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced financial results for the first quarter ended March 31, 2009. DineEquity's financial performance for the first quarter 2009 included the following highlights as compared to the same quarter last year: -- IHOP returned to positive growth with a 2.0% increase in domestic
system-wide same-store sales. Applebee's domestic system-wide same-store
sales decreased 3.0%. Both brands experienced improvements in same-store
sales performance from the fourth quarter 2008.
-- Net income per share available to common shareholders was $1.80,
primarily reflecting the positive impact of gains on debt repurchases and
asset sales. Excluding these gains, net income per share available to
common shareholders increased 46.9% to $0.72, primarily due to stronger
operating margin performance at Applebee's restaurants and IHOP's 2.0% same-
store sales growth, which offset Applebee's 3.0% same-store sales decline
and a higher corporate tax rate.

UK hotel bankruptcies up 200%

Caribbean hotels slash rates, but travel firms get the benefit

This is why should should always know, up front, what will be passed on to the guest.

Las Vegas Sands mulling sale of Macau casino

Hotels puts Whitbread well into the black

Pinnacle Entertainment Reports Strong First Quarter 2009 Results

For the first quarter of 2009, revenues increased 4.8% to $269 million from $257 million in the 2008 first quarter. Consolidated Adjusted EBITDA(1) was $53.4 million in the 2009 first quarter, an increase of 50.7% from $35.4 million in the first quarter of 2008. The 2009 quarterly results reflect the continued ramp-up of operations at Lumiere Place in downtown St. Louis (assisted by the November 2008 passage of Proposition A in Missouri); improved utilization of the hotel expansion at L'Auberge du Lac in Lake Charles, Louisiana, as well as a reduction in marketing and other start-up costs related to the expansion's opening; and efforts to control overall costs.

Court Enjoins Hilton, Klein & Lalvani

The Steak n Shake Company Reports Fiscal Second Quarter 2009 Results

Net earnings for the second quarter of fiscal year 2009 were $2.3 million,
or $0.08 per diluted share, contrasted to a net loss of ($2.8 million), or
($0.10) per diluted share in the second quarter of fiscal year 2008.
Quarterly same-store sales increased 2.4% due to an increase in guest
traffic of 7.8%, offset by a 5.4% contraction in the average guest check.
Net sales decreased 0.7% from $189.3 million to $188.0 million in the
current quarter because Steak n Shake operated 21 fewer company-owned
restaurants following the closure and refranchising of certain units after
the same period in the previous year.

London Profit Off 16% In Q1

Penn National Gaming First Quarter Diluted EPS of $0.38 Exceeds Guidance

Overall, first quarter 2009 property level EBITDA margins of approximately 28.6% remained consistent with 2008 levels, reflecting the success of the revenue enhancement and cost containment strategies undertaken by our local management teams to preserve margins in the current environment.

Accor Completes a EUR600 Million Bond Issue

LaSalle Hotel Properties Announces Pricing of a Public Offering of 10,750,000 Common Shares

Restaurant operator Yum Brands offer ambitious expansion plan overseas

Galaxy Announces 2008 Annual Results and 2009 first Qrt

Galaxy operates Casinos and Hotels in Macau

Here is a good P.P. presentation for 2008 and 2009 numbers

http://www.galaxyentertainment.com/eng/ir/presentations/pre090424.pdf

Host Hotels plans stock offering

HOST HOTELS & RESORTS, INC. REPORTS RESULTS OF OPERATIONS FOR THE FIRST QUARTER OF 2009

BETHESDA, MD; April 23, 2009 – Host Hotels & Resorts, Inc. (NYSE: HST), the nation’s largest lodging real estate investment trust (REIT), today announced its results of operations for the first quarter ended March 27, 2009.
􀂃 Total revenue decreased $171 million, or 16.2%, to $882 million for the first quarter of 2009 compared to 2008.
􀂃 Net loss was $60 million for the first quarter of 2009 compared to net income of $63 million for the first quarter of 2008. The diluted loss per share was $.12 for the first quarter of 2009 compared to earnings per share of $.10 in 2008.
Operating results for the first quarter of 2009 were significantly affected by gains on a hotel disposition as well as non-cash impairment charges related to potential asset sales. Additionally, the first quarter of 2009 and 2008 include an increase in non-cash interest expense due to an accounting change implemented in the first quarter of 2009 that related to our exchangeable debentures. The cumulative effects of these items were to decrease earnings by $28 million, or $.05 per diluted share, for the first quarter of 2009. For further detail, refer to the "Schedule of Significant Items Affecting Earnings per Share and Funds From Operations per Diluted Share" attached to this earnings release.
􀂃 Funds from Operations (FFO) per diluted share were $.10 for the first quarter of 2009 compared to $.33 per share for the first quarter of 2008. FFO per diluted share for the first quarter of 2009 was reduced by $.09 per diluted share due to non-cash impairment charges and the accounting change noted above.
􀂃 Adjusted EBITDA, which is Earnings before Interest Expense, Income Taxes, Depreciation, Amortization and other items, decreased $88 million for first quarter 2009, to $174 million.

The Cheesecake Factory Reports Results for First Quarter of Fiscal 2009

Total revenues were $392.8 million in the first quarter of fiscal 2009 as compared to $393.8 million in the prior year first quarter. Net income and diluted net income per share were $10.0 million and $0.17, respectively.

Canadian Outlook

BJ's Restaurants, Inc. Reports Financial Results for the First Quarter of Fiscal 2009

Total revenues increased approximately 18% to $102.4 million compared to $86.8 million for the same quarter last year. Comparable restaurant sales decreased by only 0.1% during the first quarter of fiscal 2009 compared to flat comparable restaurant sales for the same quarter last year. Net income and diluted net income per share for the first quarter of fiscal 2009 increased approximately 20% to $3.8 million and 17% to $0.14, respectively, compared to the first quarter of last year.

Bank of America Sued by Fontainebleau Over $800 Million Funding

Grey Goose - first with Imbibe

Grey Goose won first place for taste at the 2009 Imbibe magazine awards in the UK recently.Imbibe covers everything from the best drink recipes, reviews, destinations and profiles to the people, places, flavours and cultures surrounding the drinks.

Vegas asset sale could be good for MGM

Famous Dave's Reports First Quarter Earnings of $0.15 Per Share

MINNEAPOLIS--(BUSINESS WIRE)--Apr. 22, 2009-- Famous Dave’s of America, Inc. (NASDAQ: DAVE) today announced revenue and net income of $33.8 million and $1.3 million, respectively, or $0.15 per diluted share, for its fiscal first quarter ended March 29, 2009. This compares to revenue and net income of $33.7 million and $835,000, or $0.09 per diluted share for the comparable period in 2008.

Monarch Casino Reports 2009 First Quarter Results

The Company reported net revenue of $32.6 million, 4.9% lower than the $34.3 million reported for the comparative quarter in 2008. The Company announced quarterly income from operations of $1.9 million, EBITDA(1) of $5.1 million and diluted EPS of $0.06 which represent decreases of 41.0%, 3.2% and 50.0%, respectively, when compared to the prior year's first quarter. Revenue generated in the casino, food and beverage, and hotel operating units decreased by 4.0%, 1.7% and 7.7%, respectively.

Optimistic Mood Prevails As Hotel, Tourism Officials Gather At Caribbean Investment Conference In Bermuda

Carrols Restaurant Group, Inc. and Carrols Corporation Report Preliminary Financial Results for the First Quarter 2009

Total revenues for the first quarter of 2009 were $201.3 million, an increase of 2.9% over the first quarter of 2008, with comparable restaurant sales increasing 5.1% at Burger King(R), decreasing 1.6% at Taco Cabana(R) and decreasing 3.0% at Pollo Tropical(R). Based upon first quarter 2009 revenues, the Company preliminarily anticipates net income for the first quarter of 2009 to be $4.5 million to $5.0 million, compared to $1.4 million in the first quarter of 2008, and diluted earnings per share to be $0.21 to $0.23 compared to $0.07 per diluted share in the year-ago period.

FYI - About Carrols
We are one of the largest restaurant companies in the United States, operating three restaurant brands in the quick-casual and quick-service segments with approximately 560 company owned and operated restaurants, and 26 franchised restaurants in the United States, Puerto Rico and Ecuador.

LASALLE HOTEL PROPERTIES REPORTS FIRST QUARTER RESULTS

BETHESDA, MD, April 22, 2009 – LaSalle Hotel Properties (NYSE: LHO) today reported a net loss to common shareholders of $18.9 million, or ($0.46) per diluted share for the quarter ended March 31, 2009, compared to a net loss of $14.8 million, or ($0.37) per diluted share for the first quarter of 2008.
For the quarter ended March 31, 2009, the Company generated funds from operations ("FFO") of $8.6 million versus $9.8 million for the first quarter of 2008. On a per diluted share basis, FFO for the quarter was $0.21, compared to $0.24 for the same period of 2008.

Yum Brands First Quarter 2009 Earnings Report

Here is a link to all 2009 information

http://investors.yum.com/phoenix.zhtml?c=117941&p=irol-newsEarnings

Chipotle Mexican Grill, Inc. Reports First Quarter 2009 Results

Highlights for the first quarter of 2009 as compared to the first quarter of 2008 include:
Revenue increased 16.1% to $354.5 million
Comparable restaurant sales increased 2.2%
Restaurant level operating margin was 23.5%, an increase of 230 basis points
Net income was $25.4 million, an increase of 46.9%
Diluted earnings per share was $0.78 compared to $0.52 in 2008

Marriott International Reports First Quarter Results

Marriott International, Inc. (NYSE:MAR) today reported first quarter 2009 adjusted income from continuing operations attributable to Marriott of $87 million, a 29 percent decline over the year-ago quarter, and adjusted diluted earnings per share ("EPS") from continuing operations attributable to Marriott shareholders of $0.24, down 27 percent. The company's EPS guidance for the 2009 first quarter, disclosed on February 12, 2009, totaled $0.13 to $0.15.

Global Comparable Sales Drive McDonald's First Quarter 2009 Results

Wigwam faces foreclosure sale as Starwood deal ends

Dubai hotel revenues fall 35pc says survey

Pet Airways: Pamper Rex with First-Class Travel on the World’s First Pet-Only Airline

How long 'till they start to sell their "Dog mattresses" and Crates?

Westin Has Sold 30,000 'Heavenly Beds' and We Want a Shower Head

Casino companies Wynn Resorts, Las Vegas Sands get breathing room with debt amendments

STR reports U.S. hotel performance for the week ending 11 April 2009

Brinker profits from big helping of cost cuts

Hotel Bankruptcy issues

P.F. Chang's Earns $0.56 Per Share and Increases Fiscal 2009 Earnings Guidance

Asia tourism reels as firms cut back business travel

NY hotel rates plunged 30% vs. last year

UPDATE - The 'Zero-Star Hotel' in Switzerland Opens June 5th

STR Global and Fairmas: Announce German Hotel Performance Results

First-quarter hotel revpar hit by sharp decline in travel

STR reports Canadian hotel pipeline for Q1 2009

PKF 2009 Hospitality Investment Survey

'Restaurant' magazine's influential survey of the world's best eateries deals another blow to British chef after series of setbacks

Not much to do about Finance but interesting

More Hotels Facing an Uncertain Future

Brinker posts profit, same-store sales decline

Hilton Suspends Development of Denizen Hotels

U.K. Pub Owners Face Rising Debt Tab

Restaurants: Is a Correction Coming?

Burger King reported fewer customers in March. But McDonald's says people are still feasting on Big Macs.

S&P cuts ratings on Starwood, Marriott

Rival Sues Hilton Hotels, Claiming Theft of Proprietary Data

Icahn Takes Large Position in MGM Mirage Bonds

Pam Anderson, Audrina Patridge Open NYC Strip Club Steakhouse

What a concept. Lots of meat

Krispy Kreme Reports Operating Profit for the Fourth Quarter and Fiscal Year Ended February 1, 2009

Starbucks shares drop after "Sell" rating

Owner of downtown L.A.'s Marriott Hotel files bankruptcy

Empire Resorts Appoints Bruce Berg and Ralph Bernstein to Lead Company During Restructuring Phase

Raffles Hotel Put On Market As Prince Alwaleed Attempts To Stop Wealth Draining Away

Test tube vodka banned

This is sort of funny

Weekly revpar grows by 20.5% in London

Food Cost Techniques - Orders

This is a link to Joe Dunbar's blog. It is something that is worthwhile subscribing to.

Burger King Not Having Its Way

DiamondRock guides to lower 1Q EBITDA, revenue

DQ’s Q1 same-store sales up 5%

Burger King results ambushed by March demand drop

Storm brews as Italian hoteliers target forecasters

This is interesting. Can you take legal action against a weatherman when he is wrong?

Kona Grill Releases Preliminary First Quarter 2009 Results

Church's Chicken's Marketing Strategy Puts Brand on Path to Sixth Year of Same Store Sales Growth

DiamondRock Hospitality Company Announces Common Stock Offering

Nobu’s raw plan for hotels

A Nobu Hotel?

Marriott CEO sees signs of a turnaround

1-Star Stocks Poised to Plunge: Ruby Tuesday?

Take it for what its worth. But the stock has done well lately

Accelerating Decline in Overseas Arrivals to United States Worsens U.S. Economic Crisis

Is the Restaurant Industry Doomed?

MGM MIRAGE Receives Bank Support to Fund 100 Percent of Current Construction Costs for CityCenter

The upmarket Gleneagles hotel and golf resort saw pre-tax profits slide despite a jump in turnover last year

Fatburger Declares Bankruptcy

Could it be the name?

Anderson's Kauai Beach condos at auction

Home-brewed cool

QUICK . . . . close more Starbucks

Colony Capital, MGM Mirage break off talks

Brazilian Hotel Market Overview

This is from the HVS web site

AICPA Supports IFRS Adoption, Recommends Changes to SEC Road Map

Judge OKs financing, auction procedures for historic W.Va. resort The Greenbrier

Hebridean International Cruises goes into administration

Analyst: MGM Mirage working to fix its finances

Empire Resorts names Reehl as chief restructuring officer amid creditor talks

Ruth's Chris struggles to survive economy, heavy debt

Hospitality Properties suspends quarterly dividend

Ahead of the Bell: Ruby Tuesday soars

Hawaii hotels have worst February in 18 years

Weekly hotel revpar up 4.5% in London

Casino Winners and Losers

Q3 2009 Ruby Tuesday Earnings Conference Call

Ruby Tuesday Reports Third Quarter Results

Benihana Inc. Reports Total Restaurant Sales and Comparable Restaurant Sales for the Fourth Fiscal Quarter & Full Year 2009

Brinker International sees 3Q profit decline

Ship cancellation costs NCL $128m

British Airways issues profit warning

89% of business travel now economy

MGM Mirage stock leaps amid talk of casino sales

Bar Wars

Takeovers on Waffle House menu

MGM hires bank to sell casino assets

Overpriced Paris is facing un catastrophe

BOTTOM LINE AT VELVET ROPE

This is an interesting article about high end bars

Disney Says 1,900 Jobs Eliminated at U.S. Theme Parks

Substantial Doubt’ About Riviera Holdings

Franchisees want Golden Tulip brand name-Dutch report

The start of another marketing Co-Op

Royalty-free hotel revenue, brand rebates, drive Magnuson Hotels brand pipeline past 400 mark

Colony Capital Weighs Las Vegas Investment

Moody's cuts ratings on Starwood Hotels

Icahn Bets Big On Tropicana

Following months of anticipation, the billionaire and activist investor made a $200.0 million offer to acquire the Tropicana Casino and Resort in Atlantic City on Tuesday, demonstrating how poorly the gaming industry has fared over the last year amid the economic downturn. Year-earlier bids for the struggling casino were closer to $1.0 billion.

Nation's Leading Coconut Water Beverage Introduces New 500 ml Size

I have already gone out and bought two cases. This is incredible.

A company spokesman said

"With the 500 ml size, you can enjoy a little now and a little later. We kid around that it's agua de coco on the go-go."

What a sence of humor

Hotel Chain Golden Tulip Requests Receivership

Golden Tulip has 60 owned hotels and 720 franchises.

STR Global posts February 2009 results for Asia/Pacific region

STR Global posts Americas performance results for February 2009