Industry News

Vail Resorts, Inc. and Canada-based four season mountain resort Whistler Blackcomb Holdings, Inc., the companies said. In August, Vail Resorts agreed to acquire all the stock of Whistler Blackcomb in a deal worth USD 1.056 bn. The proposed..."/>
Canadian Competition Bureau Clears Vail Resorts, Whistler Blackcomb Tie-Up
Marriott International, Inc. has closed its acquisition of US-based Starwood Hotels and Resorts Worldwide, Inc., the company said. In November 2015, Marriott and Starwood Hotels inked a definitive merger agreement under which Marriott would acquire Starwood. Under that agreement, at closing, Starwood shareholders will receive 0.92 shares of Marriott International, Inc. class A common stock andUSD 2.00 in cash for each share of..."/>
Marriott International Closes Acquisition of Starwood Hotels and Resorts Worldwide Sponsors HGTV Urban Oasis Giveaway 2016
Drew Industries Incorporated today announced that David M. Smith, Chief Financial Officer, will be leaving the Company to pursue other opportunities. Smith joined the Company as Chief Financial Officer in September 2015. Smith will continue to work with the Company until December 31, 2016, to support an orderly transition."/>
Drew Industries Announces Executive Change
Thor Industries, Inc. today announced record net income from continuing operations of $82.8 million, or $1.57 per diluted share, on record revenues of $1.29 billion for the fourth quarter ended July 31, 2016. Gross profit margins increased to 17.3% in the fourth quarter compared to 16.2% in the prior-year period, due primarily to improved volumes and favorable changes in product mix. Net income from continuing operations increased 20.1% on..."/>
Thor Announces Record Results for Fourth Quarter and Fiscal 2016
Turtle Beach Corporation, a leading audio technology company, has started the process of restructuring its HyperSound directed audio business in an effort to reduce costs and align spending with revenues. Actions have been taken to significantly reduce HyperSound operating expenses going into October and monthly net cash burn is expected to be below $350,000 by January 2017. This excludes corporate allocations, which are expected to be..."/>
Turtle Beach Restructuring HyperSound Business To Substantially Lower Operating Costs
Hyatt Hotels Corporation today announced plans to convert the current James Robertson building in Nashville, Tennessee into a luxury hotel joining The Unbound Collection by Hyatt portfolio. HRI Properties plans to spend approximately $50 million to update the building into a 191- room hotel, and upon opening in late..."/>
HRI Properties and Hyatt Announce Plans for New Hotel to Join The Unbound Collection by Hyatt
PulteGroup, Inc. today announced that it will release its third quarter 2016 financial results before the market opens on Thursday, October 20, 2016. The Company will hold a conference call to discuss third quarter results that same day at 8:30 a.m.. A live audio webcast of the call will be available on PulteGroup's website at"/>
PulteGroup's Third Quarter 2016 Earnings Release and Webcast Conference Call Scheduled for October 20, 2016
Bulletin board [Albuquerque Journal, N.M.]
Comcast’ s Internet Essentials High-Speed Internet Adoption Program and the Y’ s Commitment to Strengthening Communities. PHILADELPHIA---- Today, Comcast and YMCA of the USA announced a comprehensive $15.3 million partnership that combines the Y’ s commitment to strengthening communities and improving the lives of children and families and the transformative potential of Comcast’ s Internet Essentials, the nation’ s largest and most comprehensive..."/>
Comcast and the YMCA Announce $15 Million, Multi-Year Partnership to Help Level the Playing Field for Low-Income Families
Carnival Corp.& PLC had higher-than-expected earnings during this third quarter, aided partly by higher ticket prices and lower fuel costs. On Monday, the world's largest cruise operator announced it generated profit of $1.4 billion, or $1.93 cents a share, in the fiscal quarter ending Aug. 31. That compared with profit of $1.2 billion, or $1.56 cents a share, in the same period in 2015.."/>
Carnival Corp. posts $1.4 billion profit in third quarter [Sun Sentinel]
Holloway Lodging Corporation is pleased to announce that it has sold the Travelodge ® hotel located in Barrie, ON. The sale price for the hotel was $8.7 million representing a cap rate of approximately 7.3%."/>
Holloway Lodging Corp. announces sale of Travelodge® hotel in Barrie, ON
A New Comedy Brand for Millennials
LinkedIn study conducted by writer Rachel Bowley, who researched and found five "surprising cities rapidly attracting millennial job-seekers.""/>
Detroit a top job market for millennials, LinkedIn says [Detroit Free Press]

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