Date updated:07-07-2007
From Barron's 7-9-07:
"Last week, the hotel empire that Conrad founded welcomed an all-cash $26 billion offer to be taken private by the Blackstone Group (BX). And the market's reaction suggests it expects many more such advances to be made.
Hotel stocks across the world jumped as speculators declared open season on big hotel brands. Blackstone's 47.50-a-share bid pegs Hilton (HLT) at about 13.5 times 2008 Ebitda, or earnings before interest, taxes, depreciation and amortization. Analysts applying that multiple to Starwood Hotels & Resorts Worldwide (HOT), for example, arrived at a price of about 82, and shares promptly climbed 8% Thursday to 74.50. Even Marriott International (MAR), family-controlled and thought less susceptible to buyouts, saw its shares rise 7%. Host Hotels (HST) jumped 10%."
"Susquehanna analyst Robert LaFleur has argued that hotels look like a risk-adjusted bargain, relative to other assets like office buildings, malls and apartments. "The bottom line is that there continues to be a big gap between private market and public market valuations," he notes."

-
HOT
Starwood Hotels & - $25.38
- -2.76%
- $25.58
From Barron's 7-9-07: "Analysts applying that multiple to Starwood Hotels & Resorts Worldwide (HOT), for example, arrived at a price of about 82, and shares promptly climbed 8% Thursday to 74.50."

-
MAR
Marriott Internat - $24.57
- 0.00%
- $24.54
From Barron's 7-9-07: "Even Marriott International (MAR), family-controlled and thought less susceptible to buyouts, saw its shares rise 7%."

-
HST
Host Hotels & Res - $9.58
- 0.00%
- $9.58
From Barron's 7-9-07: "Host Hotels (HST) jumped 10%."

-
OEH
Orient Express Ho - $8.37
- 0.00%
- $8.15
From Barron's 7-9-07: "The big brands benefit most from the extended cycle not only because they have the best existing supply, but also because they're bringing on the kind of supply that can best generate longer-term growth," Sam Lieber, president of Alpine Mutual Funds, says. He favors Starwood, Marriott, Orient Express (OEH)."

-
HLT
Hlt - $0.00
- N/A
- $N/A
From Barron's 7-9-07: "Blackstone's 47.50-a-share bid pegs Hilton (HLT) at about 13.5 times 2008 Ebitda, or earnings before interest, taxes, depreciation and amortization."
- Barron's: Next Hotel Takeover Targets's Blog
- No Blogs Found
- Top Professional Portfolios
- 1. Navellier & Associ...
- 2. Highbridge Statistical...
- 3. Joel Greenblatt
- 4. Amana Trust Growth - A...
- 5. Fidelity International...
- show all
- Top Do-It-Yourself Portfolios
- » agtest1
- » Joy
- » tsamanuli Portfolio 1
- » brueckenc Portfolio 1
- » HMH1
- show all
- Most Viewed Portfolios
- » Warren Buffett
- » George Soros
- » T. Boone Pickens - BP Cap...
- » Carl Icahn
- » Renaissance Technologies
- show all
By Stockpickr Staff Posted on July 2, 2009 Developments in the stem cell world are starting to get very interesting. On Tuesday, General Electric (GE) signed an exc...
By Rebecca Corvino Posted on July 2, 2009 Every day, Stockpickr members are creating and sharing stock ideas with each other through various platforms. If you're not al...
By Rebecca Corvino Posted at 12:30 p.m. EDT on July 2, 2009 Making Thursday's headlines and sending stocks lower were reports that June saw the loss of 467,000 more job...
By Stockpickr Staff Posted on July 2, 2009 Some investors assume that at this time of year, it's the summer doldrums for the stock market. After all, as the saying goe...
A. The only one I own : SLX,
too hard pick a winner out all of them
Analyst Downgrades for July 1, 2009. Read more here. more
Here are the latest Activist or "13D" situations from the StreetInsider.com 13D Tracker page found at: http://www.13dtracker.blogspot.com/.... more
Here is the stock list of some of the largest % losers from July 1, 2009. more






Comments not available