Sunday, September 10, 2017

US Hotels and Motels (21) Companies With Market Caps Above $1 Bil 2Q 2017 Total Earnings Were $543 Mil, An Earnings Improvement of $1.216 Bil From the $673 Mil Total Losses in the 2Q 2016 ................................................................................. Exclusive of Caesars Entertainment, Which Had Huge Restructuring Losses in Both the 2Q 2017 and in the 2Q 2016, the Remaining 20 US Hotels and Motels Companies 2Q 2017 Total Earnings Were $1.969 Bil, Up a Robust 41% From the $1.395 Bil Total Earnings in the 2Q 2016

From a review of the Google Finance Website and of company financial statements in the US SEC website, I found the 21 Hotels and Motels Companies (SEC Standard Identification Code 7011) headquartered in the US with Stock Market Capitalizations of more than $1 Bil very recently and which have filed their Calendar Second Quarter 2017 Financial Statements with the SEC.

Below here are the Total Reported US GAAP Earnings (Losses) From Continuing Operations for the Second Calendar Quarters of both 2017 and 2016 for each of these 21 largest US Hotels and Motels Companies.






Calendar Calendar






2Q 17 2Q 16



Calendar US GAAP US GAAP Net Net


Most
2Q 17 Net Net Income Income
Hotels and Motels (SIC 7011) City State Recent
Month Income Income Better Better
Stock Market Caps Above $1 Bil HQs HQs FYE
End (Loss) (Loss) (Worse) (Worse)





 $ mils  $ mils  $ mils %










Las Vegas Sands Las Vegas NV Dec16
June            638            394            244 62%
Marriott Intl Bethesda MD Dec16
June            414            247            167 68%
MGM Resorts Intl Las Vegas NV Dec16
June            242            514           (272) -53%
Hilton Worldwide Holdings McLean VA Dec16
June            167            100              67 67%
Wynn Resorts Ltd Las Vegas NV Dec16
June            107              89              18 20%
Hyatt Hotels Chicago IL Dec16
June              87              67              20 30%
Wyndham Worldwide Parsippany NJ Dec16
June              78            156             (78) -50%
Xenia Hotels & Resorts Orlando FL Dec16
June              71              26              45 173%
Hilton Grand Vacations Orlando FL Dec16
June              51              47                4 9%
Extended Stay America Charlotte NC Dec16
June              50              61             (11) -18%
Choice Hotels Intl Inc Rockville MD Dec16
June              45              39                6 15%
Marriott Vacations Worldwine Orlando FL Dec16
June              44              36                8 22%
Boyd Gaming Corp Las Vegas NV Dec16
June              28              11              17 155%
Penn National Gaming Inc Wyomissing PA Dec16
June              17              34             (17) -50%
La Quinta Holdings Irving TX Dec16
June              17              15                2 13%
Tropicana Entertainment Inc Las Vegas NV Dec16
June              13                5                8 160%
Pinnacle Entertainment Las Vegas NV Dec16
June                8           (489)            497  NM 
Playa Hotels & Resorts NV Fairfax VA Dec16
June             (11)              10             (21)  NM 
Eldorado Resorts Inc Reno NV Dec16
June             (47)              11             (58)  NM 
Red Rock Resorts Las Vegas NV Dec16
June             (50)              22             (72)  NM 








   
Total all 20 Excluding Caesars Entertainment




        1,969         1,395            574 41%










Caesars Entertainment Las Vegas NV Dec16
June        (1,426)        (2,068)            642  NM 








   
Total all 21




           543           (673)         1,216  NM 

Unlike the US Retailing Industry, some of these above Hotels have taken advantage of the very beneficial tax rules related to US REITs.