Tag Archives: Hilton Worldwide

Meet The Newest Generation Of Philanthropists

By Skoll World Forum, Contributor

Earlier this year, the 2013 Social Innovation Summit convened at the United Nations Plaza in New York City. To spotlight some of the ideas and initiatives represented at the conference, The Skoll World Forum asked some of the leading social innovators in attendance to share with us the latest insight into the power of impact investing, what drives millennials to philanthropy, how to end global child trafficking, and new ways to harness digital advocacy for social change. Participants include JPMorgan Chase & Co., Facebook, Hilton Worldwide and the Robin Hood Foundation. Read the full series here. …read more

Source: FULL ARTICLE at Forbes Latest

How To Stop Global Child Trafficking

By Skoll World Forum, Contributor

Earlier this year, the 2013 Social Innovation Summit convened at the United Nations Plaza in New York City. To spotlight some of the ideas and initiatives represented at the conference, The Skoll World Forum asked some of the leading social innovators in attendance to share with us the latest insight into the power of impact investing, what drives millennials to philanthropy, how to end global child trafficking, and new ways to harness digital advocacy for social change. Participants include JPMorgan Chase & Co., Facebook, Hilton Worldwide and the Robin Hood Foundation. Read the full series here. …read more

Source: FULL ARTICLE at Forbes Latest

5 Steps To Generating Deeper Digital Engagement On Social Change

By Skoll World Forum, Contributor

Earlier this year, the 2013 Social Innovation Summit convened at the United Nations Plaza in New York City. To spotlight some of the ideas and initiatives represented at the conference, The Skoll World Forum asked some of the leading social innovators in attendance to share with us the latest insight into the power of impact investing, what drives millennials to philanthropy, how to end global child trafficking, and new ways to harness digital advocacy for social change. Participants include JPMorgan Chase & Co., Facebook, Hilton Worldwide and the Robin Hood Foundation. Read the full series here. …read more

Source: FULL ARTICLE at Forbes Latest

MHI Hospitality Corporation Schedules First Quarter 2013 Earnings Release and Conference Call

By Business Wirevia The Motley Fool

Filed under:

MHI Hospitality Corporation Schedules First Quarter 2013 Earnings Release and Conference Call

WILLIAMSBURG, Va.–(BUSINESS WIRE)– MHI Hospitality Corporation (the “Company”) announced that the Company will report financial results for the first quarter 2013 prior to the market opening on Tuesday, May 7, 2013. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) that same day, at which time management will discuss the Company’s first quarter 2013 results. The information to be discussed on the call will be contained in the Company’s earnings release, which will be available via MHI Hospitality Corporation’s website at www.mhihospitality.com in the Investor Relations section under Financial Information.

The conference call will be accessible by telephone and through the Internet. Interested individuals are invited to listen to the call by telephone at 888-317-6016 (United States), 855-669-9657 (Canada) or +1 412-317-6016 (International). To participate on the webcast, log on to www.mhihospitality.com at least 15 minutes before the call to download the necessary software. For those unable to listen to the call live, a taped rebroadcast will be available approximately one hour after completion of the live call on May 7, 2013 through March 31, 2014. To access the rebroadcast, dial 877-344-7529 and enter conference number 10027519. A replay of the call will also be available on the Internet at www.mhihospitality.com until March 31, 2014.

About MHI Hospitality Corporation

MHI Hospitality Corporation is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper upscale full-service hotels in the Mid-Atlantic and Southern United States. Currently, the Company’s portfolio consists of investments in ten hotel properties, nine of which are wholly-owned and comprise 2,113 rooms. All of the Company’s wholly-owned properties operate under the Hilton Worldwide, InterContinental Hotels Group and Starwood Hotels and Resorts brands. The Company has a 25.0 percent interest in the Crowne Plaza Hollywood Beach Resort. MHI Hospitality Corporation was organized in 2004 and is headquartered in Williamsburg, Virginia. For more information please visit www.mhihospitality.com.

MHI Hospitality Corporation
Scott Kucinski
Director – Investor Relations
757-229-5648
scottkucinski@mhihospitality.com

KEYWORDS:   United States  North America  Virginia

INDUSTRY KEYWORDS:

The article MHI Hospitality Corporation Schedules First Quarter 2013 Earnings Release and Conference Call originally appeared on Fool.com.

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Source: FULL ARTICLE at DailyFinance

MHI Hospitality Corporation Announces Partial Redemption of Preferred Stock; Amends Raleigh Mortgage

By Business Wirevia The Motley Fool

Filed under:

MHI Hospitality Corporation Announces Partial Redemption of Preferred Stock; Amends Raleigh Mortgage Loan

WILLIAMSBURG, Va.–(BUSINESS WIRE)– MHI Hospitality Corporation (the “Company”) announced today that the Company has entered into an agreement with the holders of the Company’s Series A Cumulative Redeemable Preferred Stock (the “Preferred Stock“) to redeem 1,901.547 shares of Preferred Stock for an aggregate redemption price of approximately $2.1 million plus the payment of accrued and unpaid cash and stock dividends.

The Company also announced that it amended the original $8.0 million mortgage secured by its Doubletree by Hilton Brownstone-University hotel with its existing lender, Premier Bank, Inc. With the amendment, the loan’s principal amount is increased to $10.0 million. The mortgage’s interest rate will remain at 5.25% and the loan was amended to remove any prepayment penalty. Per the above, proceeds from the loan amendment were used to redeem a portion of the Preferred Stock. This combined transaction results in a normalized annual interest expense savings of approximately $115,000 to the Company.

About MHI Hospitality Corporation

MHI Hospitality Corporation is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper upscale full-service hotels in the Mid-Atlantic and Southern United States. Currently, the Company’s portfolio consists of investments in ten hotel properties, nine of which are wholly-owned and comprise 2,113 rooms. All of the Company’s wholly-owned properties operate under the Hilton Worldwide, InterContinental Hotels Group and Starwood Hotels and Resorts brands. The Company has a 25.0 percent interest in the Crowne Plaza Hollywood Beach Resort. MHI Hospitality Corporation was organized in 2004 and is headquartered in Williamsburg, Virginia. For more information please visit www.mhihospitality.com.

MHI Hospitality Corporation
Scott Kucinski
Director – Investor Relations
757-229-5648
scottkucinski@mhihospitality.com

KEYWORDS:   United States  North America  Virginia

INDUSTRY KEYWORDS:

The article MHI Hospitality Corporation Announces Partial Redemption of Preferred Stock; Amends Raleigh Mortgage Loan originally appeared on Fool.com.

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Source: FULL ARTICLE at DailyFinance