Sponsored Links 
Hotels Making a Strong Recovery
In the world of travel and leisure, “merger mania” has been heating up lately. Forecasts for 2007 look to be in line with the past year’s activity thus far. As I told Travel Distribution Report recently, “Last year was a record year for hotel transaction activity. And now there are rumors about InterContinental Hotels (IHG - Snapshot Report) being potentially acquired by a private equity owner, which is driving up that stock price. “Today, you’re seeing owners pushing [their] room rate higher without sacrificing occupancy, and the market is handling well the lack of new supply…RevPAR was up about 8 percent in 2006 for U.S. hotels.”
 |
 |
 Share |
 RSS |
 Rate Pos |
 Rate Neg |
 Comment |
|
|
||||||
Loading Stories...Related Content
Best Stocks. Best Insight. Join Now...it's FREE!
Over 550,000 investors look forward to the timely insights in our email newsletter; Zacks Profit from the Pros. In each daily issue you will find:
- Free Four Zacks #1 Rank "Strong Buy" Stocks
- Free Timely Market Commentary
- Free Wealth Management Tips
- Free Profitable Strategy Screens
- Free Bull and Bear Stocks of the Day
Zacks FREE Registration
X Close
Loading Stories...Most Popular on Zacks.com
1.07 %
More Zacks Resources
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
More Zacks Links
| Market Summary | Nov 26, 2009 09:41 am ET |
Sponsored Links
[CLICK TO CLOSE X]