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Newton, Massachusetts-based $HPT said hotel RevPAR growth was 4.4% across its 291 comparable hotels, well above industry growth levels in 1Q16. This RevPAR growth, which was 91% rate-driven, continued to be broad-based. The company's 224 hotels that were renovated from 2010-2013 increased RevPAR by 3.7%.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?