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Thu May 30, 2002 Allied Hotel Properties Announces First Quarter 2002 Financial Results Vancouver, B.C. - Allied Hotel Properties Inc. ("Allied", stock symbol AHP) has reported its financial results for the three months ended March 31, 2002. Revenues were $10.2 million and gross profit was $4.6 million for the three months ending March 31, 2002, decreasing from $15.6 million and $7.5 million, respectively, from the prior year period. Operating loss of $1.2 million was reported for the three month period, an improvement of 20% from $1.5 million for the same period in 2001. The ... (9 KB) |
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Mon Apr 15, 2002 ALLIED HOTEL PROPERTIES ANNOUNCES 2001 FINANCIAL RESULTS Allied Hotel Properties Inc. ("Allied", stock symbol AHP) has reported its financial results for the year ended December 31, 2001. Revenues were $71.1 million and gross profit was $37.4 million for the year, down from revenues of $77.1 million and gross profit of $40.6 million for the previous year. The reduction in both revenues and gross profit was due to the sales, noted below, along with the general decline in business experienced after the first quarter of 2001. Operating expenses tota... (161 KB) |
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Wed Jan 2, 2002 ALLIED HOTEL PROPERTIES ANNOUNCES SALE OF DELTA VANCOUVER SUITES HOTEL Allied Hotel Properties Inc. ("Allied", stock symbol AHP) today announced that on December 27, 2001 it sold its 65.2% interest in the Delta Vancouver Suites Hotel to its controlling shareholder, Allied Holdings Inc., for gross proceeds of $21.0 million (the "Disposition"). The purchase price for the Disposition was paid through the assumption of debt and the reduction of the outstanding payable owed by the Company to Allied Holdings Inc. The Disposition is part of the Company's continuing eff... (2 KB) |
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Thu Nov 8, 2001 ALLIED HOTEL PROPERTIES ANNOUNCES PROFIT FOR THIRD QUARTER 2001 Vancouver, B.C. -- Allied Hotel Properties Inc. ("Allied", stock symbol AHP) has reported its financial results for the nine months ended September 30, 2001. Total revenues were $57.6 million for the nine months ending September 30, 2001, down by 3.8% from $59.9 million for the prior year period. Room revenues in the third quarter were down 7.8% compared to the third quarter of 2000, primarily as a result of the tragic events of September 11 th . Earnings before interest, tax, depreciation an... (4 KB) |
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Fri Aug 17, 2001 Allied Hotel Properties Announces Second Quarter 2001 Financial Results Allied Hotel Properties Inc. ("Allied", stock symbol AHP) has reported its financial results for the six months ended June 30, 2001. Revenues were $35.7 million and gross profit was $18.5 million for the six months ending June 30, 2001, decreasing by 2% from $36.5 million and 3% from $19.1 million, respectively, from the prior year period. Operating income of $0.7 million was reported for the six month period, a decrease of 35% from $1.0 million for the same period in 2000. The hospitality in... (166 KB) |
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Thu Apr 26, 2001 Tradewinds Acquired Shares From Allied Allied Hotel Properties Inc. ("Allied") announces that it received notice on April 23, 2001 that Tradewinds (M) Berhad ("Tradewinds") acquired 5,712,000 shares of Allied from C.T. Management Corporation ("CTMC") in exchange for 8,400,000 shares of King Ge (3 KB) |
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Thu Apr 5, 2001 Allied Hotel Properties Announces 2000 Financial Results Allied Hotel Properties Inc. ("Allied", stock symbol AHP) has reported its financial results for the year ended December 31, 2000. Revenues were $77.1 million and gross profit was $40.6 million for the year, up from revenues of $65.3 million and gross (20 KB) |
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Wed Nov 8, 2000 Allied Hotel Properties Announces Third Quarter 2000 Financial Results Allied Hotel Properties Inc. ("Allied", stock symbol AHP) has reported its financial results for the nine months ended September 30, 2000. Revenues were $59.9 million and gross profit was $33.0 million for the nine months ending September 30, 2000, inc (23 KB) |
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Thu Aug 3, 2000 Allied Hotel Properties Announces Second Quarter 2000 Financial Results Vancouver, B.C. - Allied Hotel Properties Inc. ("Allied", stock symbol AHP) has reported its financial results for the six months ended June 30, 2000. Revenues were $36.5 million and gross profit was $19.0 million for the period, increasing by 31% from (4 KB) |
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Mon Jul 24, 2000 Allied Hotel Properties Announces Hotel Acquisition Vancouver, B.C. - Allied Hotel Properties Inc. ("Allied", stock symbol AHP) has entered into an agreement to acquire the Delta Bow Valley Hotel in Calgary, Alberta. The 398 room Delta Bow Valley Hotel is located in downtown Calgary and managed by Delta (3 KB) |
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Tue May 30, 2000 Allied Hotel Properties Announces First Quarter 2000 Allied Hotel Properties Inc. ("Allied", stock symbol AHP) has reported its financial results for the three months ended March 31, 2000. Revenues were $14.7 million and gross profit was $6.8 million for the period, increasing by 31% from $11.2 million and (3 KB) |
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Mon Apr 17, 2000 Allied Hotel Properties Announces 1999 Financial Results Allied Hotel Properties Inc. ("Allied", stock symbol AHP) has reported its financial results for the year ended December 31, 1999. Allied completed a corporate reorganization with King George Development Corporation effective October 21, 1999. The acq (10 KB) |
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Fri Nov 5, 1999 Allied Hotels Commences Public Trading Of Shares Allied Hotel Properties Inc. ("Allied Hotels", stock symbol AHP.V) is pleased to announce that its reorganization has been completed and the shares of Allied Hotels commenced trading on the Vancouver Stock Exchange at the opening of the market this mornin (3 KB) |
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Thu Oct 21, 1999 Allied Hotels Completes Reorganization With King George Development Vancouver, B.C. - Allied Hotel Properties Inc. (AHP.V) is pleased to announce that, further to the proposed reorganization as previously announced by King George Development Corporation, it has completed the plan of arrangement under which Allied Hotels, (4 KB) |
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Thu Oct 7, 1999 King George Receives Shareholder & Court Approval to Merge with Allied Hotels Pursuant to its news release dated June 21, 1999, King George Development Corporation (KIG.V) ("King George" or the "Company") is pleased to announce that all of the special resolutions considered today at its extraordinary general meeting were approved b (2 KB) |
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Fri Jun 18, 1999 King George to Merge with Allied Hotels King George Development Corporation ("King George") is pleased to announce that it has entered into an agreement in principle to conclude a business combination with Allied Hotel Properties Inc ("Allied Hotels"), a private company incorporated under the C (4 KB) |
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