Deutsche Bank is launching coverage on 7 hotel stocks, with bullish ratings assigned to HOT,...

|By:, SA News Editor

Deutsche Bank is launching coverage on 7 hotel stocks, with bullish ratings assigned to HOT, WYN, OEH, and H. Though downbeat on near-term U.S. demand due to economic concerns, the firm still believes current valuations reflect excessive pessimism, and is bullish on names with strong international exposure.