S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Shares of Walmart-backed Ibotta soar on public debut
Bear Market Funds to Watch This Year
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Shares of Walmart-backed Ibotta soar on public debut
Bear Market Funds to Watch This Year
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Shares of Walmart-backed Ibotta soar on public debut
Bear Market Funds to Watch This Year
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Shares of Walmart-backed Ibotta soar on public debut
Bear Market Funds to Watch This Year
Closing prices for crude oil, gold and other commodities

Compare Stocks

Comparative Price Performance Over Time

Compare Stocks - Price & Volume

CompanyCurrent Price50-Day Moving Average52-Week RangeMarket CapBetaAvg. VolumeToday's Volume
Choice Hotels International, Inc. stock logo
CHH
Choice Hotels International
$117.07
-0.2%
$120.89
$108.91
$136.02
$5.83B1.21543,669 shs548,490 shs
Caesars Entertainment, Inc. stock logo
CZR
Caesars Entertainment
$37.98
-1.4%
$41.88
$37.87
$60.27
$8.33B2.812.78 million shs3.32 million shs
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
$147.75
-0.7%
$150.99
$96.77
$161.50
$15.06B1.49452,895 shs428,029 shs
H World Group Limited stock logo
HTHT
H World Group
$37.36
-1.0%
$37.47
$30.20
$50.00
$12.32B0.921.49 million shs666,963 shs
Melco Resorts & Entertainment Limited stock logo
MLCO
Melco Resorts & Entertainment
$6.23
-2.7%
$7.60
$6.18
$14.45
$2.85B1.112.44 million shs4.15 million shs
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Price Performance

Company1-Day Performance7-Day Performance30-Day Performance90-Day Performance1-Year Performance
Choice Hotels International, Inc. stock logo
CHH
Choice Hotels International
-0.23%-6.22%-9.14%+0.06%-8.30%
Caesars Entertainment, Inc. stock logo
CZR
Caesars Entertainment
-1.40%-10.04%-5.76%-18.78%-15.36%
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
-0.71%-5.87%-5.93%+13.17%+26.47%
H World Group Limited stock logo
HTHT
H World Group
-1.01%-5.15%-5.99%+17.41%-24.65%
Melco Resorts & Entertainment Limited stock logo
MLCO
Melco Resorts & Entertainment
-2.66%-14.31%-12.75%-18.13%-53.92%

MarketRank™

CompanyOverall ScoreAnalyst's OpinionShort Interest ScoreDividend StrengthESG ScoreNews and Social Media SentimentCompany OwnershipEarnings & Valuation
Choice Hotels International, Inc. stock logo
CHH
Choice Hotels International
3.2612 of 5 stars
2.11.01.71.60.63.32.5
Caesars Entertainment, Inc. stock logo
CZR
Caesars Entertainment
4.5049 of 5 stars
4.31.00.00.02.63.33.1
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
4.4304 of 5 stars
2.24.01.71.72.54.22.5
H World Group Limited stock logo
HTHT
H World Group
4.1834 of 5 stars
3.52.02.50.02.72.53.1
Melco Resorts & Entertainment Limited stock logo
MLCO
Melco Resorts & Entertainment
3.1515 of 5 stars
3.33.00.00.03.41.71.9

Analyst Ratings

CompanyConsensus Rating ScoreConsensus RatingConsensus Price Target% Upside from Current Price
Choice Hotels International, Inc. stock logo
CHH
Choice Hotels International
2.10
Hold$131.4012.24% Upside
Caesars Entertainment, Inc. stock logo
CZR
Caesars Entertainment
2.64
Moderate Buy$58.1853.19% Upside
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
2.38
Hold$140.53-4.89% Downside
H World Group Limited stock logo
HTHT
H World Group
3.00
Buy$50.6735.62% Upside
Melco Resorts & Entertainment Limited stock logo
MLCO
Melco Resorts & Entertainment
2.60
Moderate Buy$14.78137.16% Upside

Current Analyst Ratings

Latest CZR, H, HTHT, MLCO, and CHH Analyst Ratings

DateCompanyBrokerageActionRatingPrice TargetDetails
4/12/2024
Caesars Entertainment, Inc. stock logo
CZR
Caesars Entertainment
Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetBuy ➝ Buy$62.00 ➝ $59.00
4/11/2024
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetHold ➝ Hold$146.00 ➝ $154.00
4/9/2024
Caesars Entertainment, Inc. stock logo
CZR
Caesars Entertainment
Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetEqual Weight ➝ Equal Weight$44.00 ➝ $45.00
3/26/2024
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageBuy$197.00
3/22/2024
H World Group Limited stock logo
HTHT
H World Group
JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOverweight ➝ Overweight$40.00 ➝ $45.00
3/22/2024
H World Group Limited stock logo
HTHT
H World Group
Benchmark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Buy$64.00
3/21/2024
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetMarket Perform ➝ Market Perform$95.00 ➝ $160.00
3/14/2024
Choice Hotels International, Inc. stock logo
CHH
Choice Hotels International
Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetHold ➝ Hold$142.00 ➝ $146.00
3/14/2024
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$143.00 ➝ $172.00
3/13/2024
H World Group Limited stock logo
HTHT
H World Group
Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetBuy ➝ Buy$51.00 ➝ $43.00
3/11/2024
Choice Hotels International, Inc. stock logo
CHH
Choice Hotels International
Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeUnderperform ➝ Buy$96.00 ➝ $156.00
(Data available from 4/19/2021 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Sales & Book Value

CompanyAnnual RevenuePrice/SalesCashflowPrice/CashBook ValuePrice/Book
Choice Hotels International, Inc. stock logo
CHH
Choice Hotels International
$1.54B3.77$8.16 per share14.35$0.71 per share164.89
Caesars Entertainment, Inc. stock logo
CZR
Caesars Entertainment
$11.53B0.71$8.26 per share4.60$21.88 per share1.74
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
$6.67B2.24$8.06 per share18.32$34.62 per share4.27
H World Group Limited stock logo
HTHT
H World Group
$3.08B3.96$2.36 per share15.82$5.28 per share7.08
Melco Resorts & Entertainment Limited stock logo
MLCO
Melco Resorts & Entertainment
$3.78B0.73$1.18 per share5.29($1.89) per share-3.30

Profitability & Earnings

CompanyNet IncomeEPSTrailing P/E RatioForward P/E RatioP/E GrowthNet MarginsReturn on Equity (ROE)Return on Assets (ROA)Next Earnings Date
Choice Hotels International, Inc. stock logo
CHH
Choice Hotels International
$258.51M$5.0623.1416.922.0016.74%594.23%14.03%5/8/2024 (Confirmed)
Caesars Entertainment, Inc. stock logo
CZR
Caesars Entertainment
$786M$3.6310.4617.34N/A6.82%4.48%0.60%4/30/2024 (Confirmed)
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
$220M$2.0472.4334.3621.233.30%7.59%2.19%5/9/2024 (Confirmed)
H World Group Limited stock logo
HTHT
H World Group
$575M$1.7621.2315.831.2618.62%31.50%6.38%6/3/2024 (Estimated)
Melco Resorts & Entertainment Limited stock logo
MLCO
Melco Resorts & Entertainment
-$326.92M-$0.63N/A11.75N/A-7.35%N/A-0.28%5/8/2024 (Estimated)

Latest CZR, H, HTHT, MLCO, and CHH Earnings

DateQuarterCompanyConsensus EstimateReported EPSBeat/MissGap EPSRevenue EstimateActual RevenueDetails
5/9/2024N/A
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
$0.73N/A-$0.73N/AN/AN/A  
5/8/2024N/A
Choice Hotels International, Inc. stock logo
CHH
Choice Hotels International
$1.16N/A-$1.16N/AN/AN/A  
4/30/2024N/A
Caesars Entertainment, Inc. stock logo
CZR
Caesars Entertainment
$0.0160N/A-$0.0160N/AN/AN/A  
3/20/2024Q4 2023
H World Group Limited stock logo
HTHT
H World Group
$0.31$0.33+$0.02$0.33$759.99 million$786.00 million
2/29/2024Q4 2023
Melco Resorts & Entertainment Limited stock logo
MLCO
Melco Resorts & Entertainment
$0.03$0.13+$0.10$0.62$1.14 billion$1.09 billion    
2/23/202412/31/2023
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
$0.38$0.64+$0.26$1.03$1.56 billion$1.66 billion    
2/20/202412/31/2023
Choice Hotels International, Inc. stock logo
CHH
Choice Hotels International
$1.35$1.44+$0.09$2.30$369.44 million$358.40 million      
2/20/2024Q4 2023
Caesars Entertainment, Inc. stock logo
CZR
Caesars Entertainment
-$0.03-$0.34-$0.31-$0.34$2.85 billion$2.83 billion    

Dividends

CompanyAnnual PayoutDividend Yield3-Year Dividend GrowthPayout RatioYears of Consecutive Growth
Choice Hotels International, Inc. stock logo
CHH
Choice Hotels International
$1.150.98%+72.25%22.73%1 Years
Caesars Entertainment, Inc. stock logo
CZR
Caesars Entertainment
N/AN/AN/AN/AN/A
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
$0.600.41%+31.04%29.41%N/A
H World Group Limited stock logo
HTHT
H World Group
$0.601.61%N/A34.09%1 Years
Melco Resorts & Entertainment Limited stock logo
MLCO
Melco Resorts & Entertainment
N/AN/AN/AN/AN/A

Latest CZR, H, HTHT, MLCO, and CHH Dividends

AnnouncementCompanyPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/28/2024
Choice Hotels International, Inc. stock logo
CHH
Choice Hotels International
quarterly$0.28751%4/1/20244/2/20244/17/2024
2/14/2024
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
quarterly$0.150.5%2/27/20242/28/20243/12/2024
(Data available from 1/1/2013 forward)

Debt

CompanyDebt-to-Equity RatioCurrent RatioQuick Ratio
Choice Hotels International, Inc. stock logo
CHH
Choice Hotels International
30.02
0.31
0.31
Caesars Entertainment, Inc. stock logo
CZR
Caesars Entertainment
2.59
0.76
0.74
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
0.65
0.60
0.59
H World Group Limited stock logo
HTHT
H World Group
0.32
0.69
0.69
Melco Resorts & Entertainment Limited stock logo
MLCO
Melco Resorts & Entertainment
N/A
1.40
1.37

Ownership

Miscellaneous

CompanyEmployeesShares OutstandingFree FloatOptionable
Choice Hotels International, Inc. stock logo
CHH
Choice Hotels International
1,83649.67 million38.21 millionOptionable
Caesars Entertainment, Inc. stock logo
CZR
Caesars Entertainment
24,000216.30 million214.92 millionOptionable
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
206,000101.17 million77.39 millionOptionable
H World Group Limited stock logo
HTHT
H World Group
24,335326.54 million165.23 millionOptionable
Melco Resorts & Entertainment Limited stock logo
MLCO
Melco Resorts & Entertainment
20,209445.09 million190.99 millionOptionable

CZR, H, HTHT, MLCO, and CHH Headlines

SourceHeadline
Melco Resorts & Entertainment (NASDAQ:MLCO) Reaches New 1-Year Low at $6.29Melco Resorts & Entertainment (NASDAQ:MLCO) Reaches New 1-Year Low at $6.29
marketbeat.com - April 18 at 3:41 PM
Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Receives Consensus Rating of "Moderate Buy" from BrokeragesMelco Resorts & Entertainment Limited (NASDAQ:MLCO) Receives Consensus Rating of "Moderate Buy" from Brokerages
americanbankingnews.com - April 18 at 2:14 AM
TORQ CAPITAL MANAGEMENT HK Ltd Increases Position in Melco Resorts & Entertainment Limited (NASDAQ:MLCO)TORQ CAPITAL MANAGEMENT HK Ltd Increases Position in Melco Resorts & Entertainment Limited (NASDAQ:MLCO)
marketbeat.com - April 17 at 1:56 PM
Melco Resorts & Entertainment (NASDAQ:MLCO) Trading Down 2.8%Melco Resorts & Entertainment (NASDAQ:MLCO) Trading Down 2.8%
marketbeat.com - April 17 at 11:58 AM
Seaport Global Initiates Coverage of Melco Resorts & Entertainment Limited - Depositary Receipt () (MLCO) with Buy RecommendationSeaport Global Initiates Coverage of Melco Resorts & Entertainment Limited - Depositary Receipt () (MLCO) with Buy Recommendation
msn.com - April 16 at 8:44 AM
Maintaining Hold on Melco Resorts Amid Financial Restructuring and Market Share UncertaintyMaintaining Hold on Melco Resorts Amid Financial Restructuring and Market Share Uncertainty
markets.businessinsider.com - April 15 at 3:19 PM
Melco Resorts & Entertainment (NASDAQ:MLCO) Could Be At Risk Of Shrinking As A CompanyMelco Resorts & Entertainment (NASDAQ:MLCO) Could Be At Risk Of Shrinking As A Company
finance.yahoo.com - April 13 at 9:42 AM
Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Position Reduced by Hardman Johnston Global Advisors LLCMelco Resorts & Entertainment Limited (NASDAQ:MLCO) Position Reduced by Hardman Johnston Global Advisors LLC
marketbeat.com - April 12 at 9:29 PM
Melco Resorts & Entertainment (NASDAQ:MLCO) Shares Gap Up to $7.09Melco Resorts & Entertainment (NASDAQ:MLCO) Shares Gap Up to $7.09
americanbankingnews.com - April 11 at 5:42 AM
Melco Resorts Finance Announces Pricing of Senior Notes OfferingMelco Resorts Finance Announces Pricing of Senior Notes Offering
globenewswire.com - April 9 at 12:42 PM
Melco Resorts EBITDA maybe US$1.3bln in 2024: Moody’sMelco Resorts EBITDA maybe US$1.3bln in 2024: Moody’s
ggrasia.com - April 9 at 3:21 AM
Melco Announces Extension of Maturity Date of Revolving Credit FacilitiesMelco Announces Extension of Maturity Date of Revolving Credit Facilities
globenewswire.com - April 8 at 9:05 AM
Melco Resorts Finance Announces Proposed Senior Notes OfferingMelco Resorts Finance Announces Proposed Senior Notes Offering
globenewswire.com - April 8 at 9:05 AM
Melco Resorts & Entertainment (NASDAQ:MLCO) Rating Increased to Hold at StockNews.comMelco Resorts & Entertainment (NASDAQ:MLCO) Rating Increased to Hold at StockNews.com
marketbeat.com - April 5 at 11:10 PM
Melco Resorts & Entertainment (NASDAQ:MLCO) Trading Up 5%Melco Resorts & Entertainment (NASDAQ:MLCO) Trading Up 5%
marketbeat.com - April 1 at 5:51 PM
Wellington Management Group LLP Has $1.09 Million Position in Melco Resorts & Entertainment Limited (NASDAQ:MLCO)Wellington Management Group LLP Has $1.09 Million Position in Melco Resorts & Entertainment Limited (NASDAQ:MLCO)
marketbeat.com - March 29 at 4:09 AM
Melco Resorts Lead Macau in Michelin Stars Attained in 2024Melco Resorts Lead Macau in Michelin Stars Attained in 2024
prestigeonline.com - March 28 at 8:49 AM
Matthews International Capital Management LLC Sells 400,863 Shares of Melco Resorts & Entertainment Limited (NASDAQ:MLCO)Matthews International Capital Management LLC Sells 400,863 Shares of Melco Resorts & Entertainment Limited (NASDAQ:MLCO)
marketbeat.com - March 25 at 4:23 PM
MLCO Mar 2024 6.500 callMLCO Mar 2024 6.500 call
finance.yahoo.com - March 16 at 3:13 PM
MLCO Mar 2024 9.000 callMLCO Mar 2024 9.000 call
finance.yahoo.com - March 16 at 10:13 AM
MLCO Mar 2024 7.500 callMLCO Mar 2024 7.500 call
finance.yahoo.com - March 16 at 12:10 AM
MLCO Oct 2024 4.000 putMLCO Oct 2024 4.000 put
ca.finance.yahoo.com - March 15 at 1:40 AM
Melco Resorts: A High Valuation And Debt OverhangMelco Resorts: A High Valuation And Debt Overhang
seekingalpha.com - March 12 at 9:22 PM
How to Invest in Casino Stocks: Pros and Cons and More (MLCO)How to Invest in Casino Stocks: Pros and Cons and More (MLCO)
marketbeat.com - March 8 at 12:51 PM

New MarketBeat Followers Over Time

Media Sentiment Over Time

Top Headlines

All Headlines

Company Descriptions

Choice Hotels International logo

Choice Hotels International

NYSE:CHH
Choice Hotels International, Inc., together with its subsidiaries, operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising & Management and Corporate & Other segments. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Ascend Hotel Collection, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Studios, WoodSpring Suites, Everhome Suites, Cambria Hotels, Radisson Blu, Radisson RED, Radisson, Park Plaza, Country Inn & Suites by Radisson, Radisson Inn & Suites, Park Inn by Radisson, Radisson Individuals, and Radisson Collection. Choice Hotels International, Inc. was founded in 1939 and is headquartered in North Bethesda, Maryland.
Caesars Entertainment logo

Caesars Entertainment

NASDAQ:CZR
Caesars Entertainment, Inc. operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from our retail and online sportsbooks; and other games, such as keno. In addition, the company operates dining venues, bars, nightclubs, lounges, hotels, and entertainment venues; and provides staffing and management services. Caesars Entertainment, Inc. was founded in 1937 and is based in Reno, Nevada.
Hyatt Hotels logo

Hyatt Hotels

NYSE:H
Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units. It operates its properties under the Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt, Hyatt vacation Club, Hyatt Place, Hyatt House, Hyatt Studios, UrCove, Miraval, Alila, Andaz, Thompson Hotels, Dream Hotels, Hyatt Centric, Caption by Hyatt, The Unbound Collection by Hyatt, Destination by Hyatt, JdV by Hyatt, Hyatt Ziva, Hyatt Zilara, Zoëtry Wellness & Spa Resorts, Secrets Resorts & Spas, Breathless Resorts & Spas, Dreams Resorts & Spas, Hyatt Vivid Hotel & Resorts, Alua Hotels & Resorts, and Sunscape Resorts & Spas brand name. The company offers short-term vacation rental platform, Homes & Hideaways by World of Hyatt, that features direct booking for short-term private home rentals in the United States. It primarily serves corporations; national, state, and regional associations; specialty market accounts, including social, government, military, educational, religious, and fraternal organizations; travel agency and luxury organizations; and a group of individual consumers. It also operates World of Hyatt loyalty program, which rewards points that can be redeemed for hotel nights and other rewards. Hyatt Hotels Corporation was founded in 1957 and is headquartered in Chicago, Illinois.
H World Group logo

H World Group

NASDAQ:HTHT
H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels. The company was formerly known as Huazhu Group Limited and changed its name to H World Group Limited in June 2022. The company was founded in 2005 and is headquartered in Shanghai, the People's Republic of China.
Melco Resorts & Entertainment logo

Melco Resorts & Entertainment

NASDAQ:MLCO
Melco Resorts & Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment casino resort facilities in Asia. It owns and operates City of Dreams, an integrated casino resort that has 500 gaming tables and 800 gaming machines; approximately 1,400 hotel rooms and suites; a wet stage performance theater with approximately 2,000 seats; approximately 30 restaurants and bars, and 150 retail outlets; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spa and salons, and banquet and meeting facilities. The company also operates Altira Macau, a casino hotel, which has approximately 112 gaming tables and 56 gaming machines; 230 hotel rooms; various fine dining and casual restaurants, and recreation and leisure facilities; and various non-gaming amenities comprising spa, gymnasium, outdoor garden podium, and sky terrace lounge. In addition, it operates Studio City, a cinematically-themed integrated entertainment, retail, and gaming resort that comprises 280 gaming tables and 980 gaming machines in Cotai, Macau. Further, the company owns and operates 7 Mocha Clubs with 1,034 gaming machines, as well as Taipa Square casino in Taipa Island, Macau. Additionally, it operates and manages City of Dreams Manila, a casino, hotel, retail, and entertainment integrated resort in the Entertainment City complex in Manila. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. Melco Resorts & Entertainment Limited was incorporated in 2004 and is based in Central, Hong Kong. As of February 16, 2017, Melco Resorts & Entertainment Limited operates as a subsidiary of Melco Leisure and Entertainment Group Limited.