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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (24179)10/14/2002 1:50:25 AM
From: energyplay  Read Replies (2) | Respond to of 74559
 
After the attack in Bali, it looks like tourism in South Asia will drop for a while.

Overall, however, there has been a recovery in travel in Asia.

Would Shangri-La Hotels be a reasonable leveraged play ? Right now they may get hit hard
by the tourism crash... they have a lot more than tourism, having many key business hotels
in growing cities.