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$HST's comparable RevPAR on a constant dollar basis improved 3.6% for 4Q15, reflecting a 1.7% rise in average room rate and a 140 basis point increase in occupancy to 74%. Comparable RevPAR at its domestic properties rose by 3.2% and at its international properties increased by 15.5%. Comparable food and beverage revenues grew by 6.1%.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.