RECENT NEWS
July 4 Travelers Grab Vegas Trips, $92 New York Hotel Rooms
Bloomberg  Jul 3 
Americans traveling this Fourth of July weekend may take advantage of last-minute deals such as $92 Manhattan hotel rooms and $200 weekend hotel-flight packages as the recession damps more extravagant plans.
John Pritzker Buys Blackstone’s Carmel Resort for $20 Million
Bloomberg  Jul 2 
Blackstone Group LP, the buyout firm whose lodging assets include Hilton Hotels Corp., sold its 400- acre golf resort near Carmel, California, to an investment firm led by John Pritzker for $20 million, Pritzker said.
Starwood Hotels downgraded to "underweight"
newratings.com  Jul 2 
NEW YORK, July 1 (newratings.com) - Analysts at Barclays Capital downgrade Starwood Hotels (ticker: HOT) from "equal weight" to "underweight." The target price has been raised from $15 to $17. [more]
Choice Hotels downgraded to "underweight"
newratings.com  Jul 2 
Hotel Loan Defaults Double as Recession Cuts Travel
Bloomberg  Jul 1 
(Update2) As many as one in five U.S. hotel loans may default through 2010 as the recession means companies are spending less on travel and perks, according to University of California economist Kenneth Rosen.
Analysts' Upgrades, Downgrades: Yum!
TheStreet.com  Jul 1 
See who made what calls.
Hotel stocks slip on downgrade from Barclays
MarketWatch  Jul 1 
Escape 4th of July Masses at a Boutique Hotel
TheStreet.com  Jul 1 
This year, catch the 4th of July fireworks using one of these boutique hotels as a base.
Accor mulling head office job cuts
MarketWatch  Jul 1 
French hotels group Accor said Wednesday that it is mulling a plan to cut around 230 jobs via voluntary departures at its group head offices and Hotellerie France head offices. The firm is planning to reduce support costs by 15%. The hotel...
Starwood Hotels (HOT) NewsBite - HOT Downgraded By Wachovia
Market Intelligence Center  Jun 30 
Starwood Hotels (HOT) was downgraded today by analysts at Wachovia and the stock is now at $22.00, down $0.64 (-2.83%) on volume of 2,736,302 shares traded. The analysts downgraded the stock to Market Perform from Outperform. Over the last 52...
Wachovia Move Optimistic on RevPAR Outlook; Upgrades Choice Hotels (CHH) to Outperform
StreetInsider.com  Jun 30 
Visit StreetInsider.com at http://www.streetinsider.com/Upgrades/Wachovia+Move+Optimistic+on+RevPAR+Outlook%3B+Upgrades+Choice+Hotels+%28CHH%29+to+Outperform/4762406.html for the full story.
Beijing Top Hotels Emptier, Cheaper in 1st 4Mos
JLM Pacific Epoch  Jun 29 
Data from the Beijing Bureau of Statistics show's the city's star-rated hotels recorded an average occupancy rate of 44.5% in the first four months of this year, down 10.1% year-on-year, The Beijing News reported. The average room price in the...
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more ▼EditWIKI ANALYSIS
 

This industry consists of companies that own or operate hotels all over the world. Many of these companies own the actual brand associated with various hotel chains and license the use of their brand names out to individual franchises. Only a relative handful both own and operate a majority of their hotels.

Retrieved from "http://www.wikinvest.com/industry/Hotel"

Companies in the Hotel Industry (19)

 
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