Meristar Hotels & Resorts (MMH) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Meristar Hotels & Resorts (MMH)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Boyd Hinds who wrote (6)	12/18/1998 2:09:00 PM
From: professor	of 21

I read the article in the WSJ yesterday. I don't think it is anything new and quite frankly I think it's incomplete. This is the same thing the bears have been saying for months. Too much supply, lower occupancy rates, lower pricing, etc. Well, hotel stocks have been the worst performing sector in the market. Things are not as bad as they were painting a few months ago. There will be no recession and interest rates are so low even overleraged hotel cos. like Patriot or Starwood are not going bankrupt. MMH & MHX don't have balance sheet issues and my sense is their business will do just fine. I think there is a huge disconnect between the general market and the hotel sector. If the overall stock market is telling us that the economy is booming how can some Price Waterhouse research report say there is such problems with occupancy. Somebody is very wrong.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next