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From the Blogosphere
Hotels and Lodging – Industry Outlook
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The operating environment in the hotels and lodging sector has continued to deteriorate in the last few quarters, and we expect hotel industry operating metrics to remain stretched in the near term. As the recession continues, both business and leisure travelers are cutting back on their trips.
However, with some early signs of economic recovery, we believe that hotel occupancy will improve in the fourth quarter of 2009 and in 2010. Though occupancy levels are expected to pick up, pricing pressures will continue as hotels will carry on offering heavily discounted rates to draw in travelers. ...
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Hotels and Lodging – Zacks Analyst Interviews
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The operating environment in the hotels and lodging sector has continued to deteriorate in the last few quarters, and we expect hotel industry operating metrics to remain stretched in the near term. As the recession continues, both business and leisure travelers are cutting back on their trips.
However, with some early signs of economic recovery, we believe that hotel occupancy will improve in the fourth quarter of 2009 and in 2010. Though occupancy levels are expected to pick up, pricing pressures will continue as hotels will carry on offering heavily discounted rates to draw in travelers. ...
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Zacks Industry Outlook Highlights: Starwood Hotels and Resorts Worldwide Inc., Marriott International Inc., Marcus Corp., Choice Hotels International Inc. and Wyndham Worldwide Corp. – Press Releases
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For Immediate Release Chicago, IL – November 19, 2009 – Zacks.com announces the latest Industry Outlook. Today, Zacks Equity Research discusses the Hotels and Lodging Industry, including Starwood Hotels and Resorts Worldwide Inc. (HOT), Marriott International Inc. (MAR), Marcus Corp. (MCS), Choice Hotels International Inc. (CHH) and Wyndham Worldwide Corp. (WYN). A synopsis of today’s Industry Outlook is presented below. The full article can be read at http://www.zacks.com/stock/news/27431/Hotels+and+Lodging.<>The operating environment in the hotels and lodging sector has continued to de>...
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CPI Up on Cars, Energy – Analyst Blog
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The Consumer Price Index (CPI) for October rose by 0.3%, a little bit hotter than the 0.2% that was expected. If one strips out volatile food and energy prices to get the core consumer price index, prices were up 0.2%, also one tick higher than the 0.1% expected.
A rise in energy prices was not unexpected. Heck, one only has to see what the price of crude oil and natural gas have done over the last month or so. For the month, the price of energy rose 1.5% overall. The rise was sharpest among energy commodities, like gasoline and heating oil, which rose by 1.9%. Energy services, like electric...
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Hotels and Lodging – Industry Outlook
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The operating environment in the hotels and lodging sector has continued to deteriorate in the last few quarters, and we expect hotel industry operating metrics to remain stretched in the near term. As the recession continues, both business and leisure travelers are cutting back on their trips.
However, with some early signs of economic recovery, we believe that hotel occupancy will improve in the fourth quarter of 2009 and in 2010. Though occupancy levels are expected to pick up, pricing pressures will continue as hotels will carry on offering heavily discounted rates to draw in travelers. ...
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