Want to join the conversation?
RevPAR (revenue per available room), a key metric followed by the hotel sector, for Worldwide same-store sales rose 1.4% in 2016. Systemwide RevPar for same-store hotels in North America increased 3.4%. RevPar is calculated by dividing a hotel's total guestroom revenue by the room count and the number of days in the period being measured.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!