Good response in 2012 from international markets led to a positive and optimistic outlook for 2013 for the hotel industry. The industry reported high double-digit gains in “revenue per available room” or RevPAR, and expects to see good growth in the U.S. this year.
This growth is expected to be driven by the increase in the “average daily rate” and the “occupancy rate.” With macro trends indicating positive growth more »
2012 Q4 Report shows Price Increases Slow for Larger Hotel Deals
By DOROTHY PARIS
By the end of 2012, transactions were brisk on the high-end, as well as with the smaller deals in the hotel business, but prices are leveling off, according to the latest edition of the Cornell's real estate market indices.
Choice Hotels International(NYSE: CHH) announced its overseas expansion into Europe, but the hotel chain is not alone in its pursuit to push the "Made in America" brand overseas. How does this affect investors? Don't expect any short-term gains, but expect that the hospitality industry overall is planning for the long haul.
The Silver Spring, Md.-based company -- parent to such names as Comfort Suites, Comfort Inn, Cambria Suites more »
The world is an interesting place. Asia continues to grow though China's demographics have already reached their peak. Europe continues to suffer periodic repercussions from its debt crisis. Austerity measures are dragging down the weaker countries which are starting to impact Germany and France. The United States has entered into a low growth period with highly elevated levels of unemployment from the 2008 recession. It is in this environment more »
Starwood Hotels(NYSE: HOT) is one of the world’s largest hotel companies, with hotels in about 100 countries that operate under nine very recognizable brand names. The company has rebounded very nicely since its 2009 low of $9.00 (congrats to everyone with the foresight to have bought then), however I believe there is still growth to be had in this best-in-breed company.
In this article I analyze Hayman Advisors portfolio. Kyle Bass is the managing member and principal of Hayman Advisors, which he founded in late 2005 at Dallas. Hayman is a deep-value oriented hedge fund that specializes in recognizing distressed debt and special situations at the micro level. The fund holds a highly concentrated portfolio of just five equity positions. Be sure that every purchase was deeply analyzed.
After identifying the most popular stocks among hedge fundsaccording to their third quarter 13F filings, we have decided to break down the top five stocks that hedge funds love in the hotel industry. As a whole, the hotel industry is expected to see positive growth in the interim as demand grows in the low-single digits in 2012 and 2013; hotel room pricing and occupancy improved 3.7% and 4 more »
The hotel business has been experiencing tough times over the last years due to oversupply on an industry level and uninspiring economic growth on a global scale. But things are slowly turning around for the industry, and one hotel company stands above most competitors in terms of profitability and potential for growth. InterContinental (NYSE: IHG) is a superior hotel operator offering an attractive valuation and solid long term potential.
The shares of hotel companies like Marriott International (NYSE: MAR), Starwood Hotel and Resorts Worldwide(NYSE: HOT), Hyatt Hotels(NYSE: H) and Wyndham Worldwide Corp (NYSE: WYN) have all shown solid performances over the last 3 months. The following chart summarizes the stock price movement of these companies with respect to the S&P500 over the last 3 months.
As a result, these companies are gaining investors’ attention. I see more »
Marriott International, Inc. (NYSE: MAR) spun out its vacation ownership business a little less than a year ago (in November 2011) and the stock is up about 28% so far in 2012. It’s possible not only that those operations were more valuable as a stand-alone business, but also that Marriott’s management has been better able to focus on core operations without having to devote time and effort to more »
Full disclosure: I love to stay in hotels, nice ones. I had a childhood friend whose father was the general manager of a Hilton and it seemed like he had the most glamorous childhood ever. Ideally, I would be a perpetual traveler mostly living by sugar sand beaches with hot and cold running Mojitos. I’m not the only one who shares this fantasy of hotel living. It has inspired more »
With the economy going nowhere, many investors have reason to be reserved on vacation-oriented stocks. Even still, firms like Marriott International (NYSE: MAR) and Hyatt Hotels (NYSE: H) trade at high multiples and are near their 52-week highs. Others, like Carnival (NYSE: CCL), are still expensive but are attractive in the long-term. Below, I review the fundamentals of all three stocks.
It seems like it has been some time since hotel stocks were anything to get excited about. High unemployment led individuals to take fewer vacations, and the meltdown of the global economy meant that business travelers were finding alternatives. Additionally, as technology continues to improve, business travel is down independent of economic conditions. Despite these factors, evidence shows that bookings have been strong – stocks in the sector have performed well more »
Southeastern Asset Management, a Tennessee-based investment management firm ran by Mason Hawkins, has doubled its position in InterContinental Hotels Group (NYSE: IHG). InterContinental is a manager and franchiser of hotels and resorts, operating all over the world. The company operates such brands as InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Holiday Inn Hotels and Resorts, Holiday Inn Express, Staybridge Suites and Candlewood Suites.
Starwood Hotels (NYSE: HOT), perhaps unexpectedly for an upscale hotels company in an uncertain U.S. and global macroeconomic environment, has powered up about 12% so far this year and is roughly even with the S&P 500. Compared to a year ago the operator of brands such as W, Westin, Sheraton, and Four Points is up about 25%, beating the broader market. To some degree this is to be more »
As the Estadounidenses recover from their Fourth of July celebration, the Andean nations are preparing to observe the birthday of Simon Bolivar. The parties will likely start big and promising, but then degrade into gunfire and disillusionment.
Despite having popular electoral support, the nine Leftist regimes of the Bolivarian Alliance for the Peoples of our America (popularly known by its Spanish acronym ALBA more »
InterContinental Hotels Group(NYSE: IHG) is the biggest hotel company in the world in terms of rooms, with more than 4,400 hotels and 440,000 rooms in more than 100 countries. The company has a leadership position in 13 of the 20 biggest hotel markets in the world, which collectively account for 83% of the industry according to the company´s management.
InterContinental owns some of the most famous more »
Are you bullish on dividends, but don’t want to own a bunch of defensive, slow-growth businesses? Do you like best of breed companies? If you answered yes to the above two questions, then you may want to give Wyndham Worldwide(NYSE: WYN) and Wynn Resorts(NASDAQ: WYNN) a hard look. Both of these stocks operate in the leisure industry, share very similar tickers, have growing dividends, and present higher more »
