Darren Jackson’s Post

Hilton, Marriott International and The Walt Disney Company are among the best-known companies from the United States. They are brands with a global shine, synonymous with first-class hospitality and first-class entertainment. What else do they have in common? Well, they all have a proud history, each starting at the beginning of the last century. Btw: Happy 100th birthday, Disney! 🎂 In addition, the three are neighbours in Orlando, Florida. Four Marriott- and Hilton-branded hotels were opened between January 2021 and January 2022 and boast an exceptional location immediately outside the western gate to the Walt Disney World Resort, providing guests with convenient access to the theme park. The hotels sit adjacent to one another in the newly developed FLAMINGO CROSSINGS® Town Center, a mixed-use commercial district master planned by Walt Disney World. We are happy to join this bunch by providing a USD 145 million loan to refinance the 997-key portfolio of the four hotel properties in Orlando, which according to Oxford Economics is the largest and most robust tourism market in the United States. It is clear that we are on an equal footing with such big names. After all, we have just celebrated our centennial. The transaction was managed by Aareal Bank's team in the United States. Thanks to all parties involved: Doradus Partners Yedla Hotels JLL Eric Conway #100YearsOfAareal #HotelFinancing #RealEstate #FlamingoCrossings

Wynn Resorts (NASDAQ:WYNN) stock is up after hours Wednesday after its North America and Macau resorts helped the company swing to a profit.  The casino operator posted a second-quarter profit of $105.2 million compared to a loss of $130.1 million a year earlier. Adjusted earnings came to $0.91 per share, above #WallStreet expectations of $0.64.  Revenue climbed to $1.6 billion from $908.8 million a year ago, topping analyst projections of $1.54 billion. "Our second quarter results reflect continued strength in North America and Macau," CEO Craig Billings said in a statement. "In the US, Wynn Las Vegas and Encore Boston Harbor continue to perform well.” More at #Proactive #ProactiveInvestors #NASDAQ #WYNN #WynnResorts http://ow.ly/9UOR104QKnN

Last week, we hosted an investor day to showcase the dramatic transformation of Host Hotels & Resorts over the last six years. Investors and analysts joined our management team to see our spectacular Four Seasons Resort Orlando at Walt Disney World® Resort firsthand including the 5-acre water park, the Michelin-star dining experience at Capa and the nightly fireworks from Disney parks. Attendees also toured our Orlando World Center Marriott property and saw the comprehensive renovations property-wide, in addition to ROI development projects, such as the new Magnolia ballroom, the water park and the speakeasy, which is a very creative use of space. Our business session focused on our people, our platform and our portfolio, which we believe is our competitive advantage, making Host Hotels & Resorts the blue chip in the lodging space. We believe we are in the best shape for the current macroeconomic conditions and the opportunities that lie ahead because of our reputation, size and scale, our independent analytics capabilities, our access to capital and our fortress balance sheet. We will continue doing what we have been doing because consistency is our currency. We are encouraged about the future of travel and the opportunities that lie ahead. #HostHotelsResorts #BluechiplodgingREIT #Hostconsistencyisourcurrency #Hostinvestorday2023

Wynn Resorts (NASDAQ:WYNN) stock is up in the premarket after its North America and Macau resorts helped the company swing to a profit.  The #casino operator, after hours Wednesday, posted a second-quarter profit of $105.2 million compared to a loss of $130.1 million a year earlier. Adjusted earnings came to $0.91 per share, above Street expectations of $0.64.  Revenue climbed to $1.6 billion from $908.8 million a year ago, topping analyst projections of $1.54 billion. "Our second-quarter results reflect continued strength in North America and Macau," CEO Craig Billings said in a statement. "In the US, Wynn Las Vegas and Encore Boston Harbor continue to perform well.” #NASDAQ #WYNN More at #Proactive #ProactiveInvestors http://ow.ly/3khH104QMIz

Wynn Resorts, a leading global hospitality and entertainment company, announced stellar financial results for the third quarter ended September 30, 2023. The company reported operating revenues of $1.67 billion, marking a significant increase of $782.2 million compared to the same period in 2022. Net loss attributable to Wynn Resorts was $116.7 million for Q3 2023, an improvement from the net loss of $142.9 million in Q3 2022. Wynn Resorts CEO, Craig Billings, expressed satisfaction with the results, emphasizing the ongoing strength across the company’s property portfolio. He attributed the success to outstanding performances at Wynn Las Vegas and Encore Boston Harbor, which achieved a new third-quarter record for Adjusted Property EBITDAR at their combined North American properties. Read the full article ➡ https://lnkd.in/d78W_xHW #business #finance #gambling #casino #gamblingnews #global

The RevPARs win. So here's my question: Two hotel investors that I have talked to mentioned that their favorite metric to watch is Peak Season Future Bookings. No GMs selected this in the poll. It could be that the investors were in East Coast properties that live and die by the their peak seasons...but that's true for a lot of the country. 🤔 A disconnect between the operators and the managers or just a coincidence? #hotels #generalmanager #hotelinvestment

"Wynn Resorts Limited Achieves Strong First Quarter 2023 Results, Demonstrating Resilience and Recovery" I am thrilled to share the exceptional financial results of Wynn Resorts Limited (NASDAQ: WYNN), a renowned global operator of luxury integrated resorts and casinos. Our recently released first-quarter 2023 financial report showcases a remarkable performance that reflects our unwavering resilience and ongoing recovery from the unprecedented challenges posed by the COVID-19 pandemic. Impressive Financial Performance: Wynn Resorts Limited achieved total operating revenues of $X million for the first quarter of 2023, marking a significant increase of X% compared to the same period last year. This remarkable revenue growth can be attributed to our successful efforts in attracting customers and capitalizing on the gradual reopening of our properties. It demonstrates the effectiveness of our strategic initiatives in driving revenue and reaffirms our position as a leader in the luxury hospitality industry. The net income for the quarter stood at $X million, a testament to our ability to effectively manage costs and optimize operational efficiency. Notable Segment Performance: Wynn Resorts Limited operates several iconic properties globally, and our first-quarter performance across our business segments was particularly impressive. The Las Vegas Operations segment experienced robust growth, with revenues increasing by X%. This growth can be attributed to the strong demand from domestic travelers and the successful execution of our strategic marketing initiatives. The Macau Operations segment also displayed encouraging signs of recovery, driven by an increase in visitation and higher spending per customer. These positive results across segments indicate our ability to adapt to changing market dynamics and capitalize on emerging opportunities. Commitment to Exceptional Guest Experiences: At Wynn Resorts Limited, providing unparalleled guest experiences has always been a top priority, and this commitment remained unwavering during the first quarter. We continued to invest in innovative initiatives aimed at enhancing the customer experience across our properties. From personalized services to the seamless integration of advanced technologies, we strive to stay at the forefront of the industry, delivering unforgettable moments to our guests and setting new benchmarks for luxury hospitality. Wynn Resorts Limited's first-quarter 2023 results exemplify our resilience and remarkable recovery amidst a challenging operating environment. Our strong revenue growth, effective cost management, and unwavering commitment to enhancing the customer experience position us well for the future. With a solid financial position and an optimistic outlook, Wynn Resorts Limited is poised to capitalize on the rebound of the global. #business #success #brand #management #sustainable #customerexperience #environment