Four Seasons Hotels Inc

Article Abstract:

Four Seasons Hotels Inc. reported a third-quarter profit but a revenue fall during the quarter ending September 30 and also warned that revenue per room could fall in the fourth quarter. The hotel industry lost business due to travel demand contraction after the September 11 terrorist attacks.

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Travel fears affect Four Seasons

Article Abstract:

The SARS scare and the Iraqi war contributed to a decline in second quarter earnings for Toronto, Ont.-based Four Seasons Hotels Inc. The hotel company, which reported a $1.3 million loss for the second quarter, also attributed its poor earnings to adverse foreign currency issues.

Author: Weber, Terry
Financial management, Company financing

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Fairmont slashes forecast for year

Article Abstract:

Fairmont Hotels & Resorts Inc. cuts its 2003 profit forecast from between $215 million to $225 million to between $155 million to $165 million.

Author: Waldie, Paul
Company sales and earnings, Company earnings/profit, Fairmont Hotels & Resorts Inc.

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Subjects list: Canada, Finance, Hotels and motels, FS, Four Seasons Hotels Ltd.
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