Seeking Alpha

Hotel rates for business travelers rose 9.3% Y/Y in April to approach pre-recession levels in...

Hotel rates for business travelers rose 9.3% Y/Y in April to approach pre-recession levels in North America, while rates for leisure travelers also recorded a respectable 7.3% gain. Industry research suggests that the rate increases haven't run their course yet, tipping off that hotel players such as MAR, WYN, H, IHG, CHH, and HOT could see revenue upside.
Comments (1)
  • positivethoughts
    , contributor
    Comments (1812) | Send Message
     
    P/E of 66 for Marriott is rich. I wait until Y/Y increases reach 200% before I buy in, thank you.
    4 Jun 2012, 09:43 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|