NEW YORK, June 10, 2013 /PRNewswire/ --
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Today, Wall Street Reports announced new research reports highlighting Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT), Vail Resorts Inc. (NYSE: MTN), Hyatt Hotels Corporation (NYSE: H), Pinnacle Entertainment Inc. (NYSE: PNK), and Aircastle LTD (NYSE: AYR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Starwood Hotels & Resorts Worldwide Inc. Research Report
On June 4, 2013, Starwood Hotels & Resorts Worldwide, Inc. (Starwood) announced that it will open 20 new hotels in China in 2013. "We continue to view China as a once-in-a-lifetime opportunity for our business," said Frits Van Paasschen, President and Chief Executive Officer of Starwood. "Whether it's growing our hotel footprint as part of the country's massive infrastructure development, or aggressively building our loyalty program in the world's fastest growing domestic and outbound travel market, we are focused on taking every advantage of our important first-mover position in China." Starwood has 120 hotels open and more than 100 in the pipeline, making China the Company's second largest hotel market, right after United States. The Full Research Report on Starwood Hotels & Resorts Worldwide Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/8e94_HOT]
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Vail Resorts Inc. Research Report
On May 29, 2013, Vail Resorts Inc. (Vail Resorts) announced that the Company has entered into a long-term lease with affiliate companies of Talisker Corporation (Talisker) for Canyons Resort in Park City, Utah. Under the lease, Vail Resorts has assumed all of the resort operations of Canyons while Talisker has retained its development rights for four million square feet of real estate at the resort. Rob Katz, Chairman and Chief Executive Officer of Vail Resorts, commented, "I commend the Talisker and Canyons team for the outstanding work they have done to redevelop the resort, which is reflected in a top 10 ranking by SKI Magazine and #4 ranking by Outside Magazine. We look forward to building on that momentum and including Canyons in our industry-leading season pass products, which next season will offer guests access to Colorado, Tahoe and Utah on one season pass, a first in ski industry history." The Full Research Report on Vail Resorts Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/0e77_MTN]
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Hyatt Hotels Corporation Research Report
On June 5, 2013, Hyatt Hotels Corporation (Hyatt Hotels) and MGM Resorts International (MGM Resorts) announced an unprecedented relationship between their affiliates that will offer substantial benefits to members of their loyalty programs, Hyatt Gold Passport and MGM Resorts' M life. Starting June 20, 2013, Hyatt Gold Passport members will be able to earn and redeem Hyatt Gold Passport points at 12 iconic participating MGM Resorts destinations in Las Vegas, and M life members will be able to earn M life Tier Credits when staying at Hyatt hotels and resorts around the world. "Our new relationship with MGM Resorts International underscores Hyatt's focus on listening to guests and developing innovative strategies that set us apart and add value to loyalty program membership," said Jeff Zidell, Senior Vice President, Hyatt Gold Passport. The Company reported that the relationship between Hyatt Hotels and MGM Resorts is expected to be the largest loyalty program collaboration in Las Vegas. The Full Research Report on Hyatt Hotels Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/f091_H]
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Pinnacle Entertainment Inc. Research Report
On May 29, 2013, Pinnacle Entertainment Inc. (Pinnacle) commented on the administrative complaint issued by the Federal Trade Commission (FTC) regarding Pinnacle's proposed acquisition of Ameristar Casinos. According to the FTC's press release, the administrative complaint alleged that the combination of the two companies will lessen competition in the St. Louis and Lake Charles areas. "We are disappointed by the FTC's decision to issue an administrative complaint regarding our proposed acquisition of Ameristar Casinos," said Anthony Sanfilippo, Chief Executive Officer of Pinnacle Entertainment. "We continue to believe that the merger of these two gaming-entertainment property portfolios would not have any adverse effect on competition in any of the geographies in which the combined company would operate, and remain excited about the compelling benefits that the merger will provide to our guests, team members and shareholders. We are committed to completing the transaction as expeditiously as possible and in the time frame agreed upon with Ameristar." The Full Research Report on Pinnacle Entertainment Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/bd30_PNK]
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Aircastle LTD Research Report
On May 2, 2013, Aircastle LTD (Aircastle) reported its Q1 2013 financial results with net income of $23.1 million, or $0.34 per diluted share, as compared with $32.6 million or $0.45 per diluted share in Q1 2012. Total revenues reported were $176.2 million, up 6.8% YoY. The Company's lease rental and finance lease revenues was up 5.5% YoY to $160.5 million, primarily due to the impact of aircraft acquisitions. Its adjusted EBITDA was up 11% YoY to $168.6 million, driven by higher lease rentals, maintenance and other revenues. Commenting on the results, Ron Wainshal, Aircastle's Chief Executive Officer, stated, "Effective portfolio management was a major driver of our solid first quarter results, as we demonstrated both our aircraft servicing skills as well as our ability to exit end-of-life aircraft investments profitably." The Full Research Report on Aircastle LTD - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/e354_AYR]
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SOURCE Wall Street Reports