Holding Hilton, Selling La Quinta Amid Lodging Challenges

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Hilton Worldwide (HLT) and La Quinta Holdings (LQ) reported 3Q earnings in line with current expectations.  HLT expectations had come in slightly as concerns about the health of the lodging industry grew over the summer and early fall.  HLT’s results were fairly good against the lowered expectations and the company’s growth profile appears to be […]

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What Do Inflating Travel Costs Mean?

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Merrill Lynch has put out the latest edition of its quarterly report on pricing trends in travel industries. I summarized this report last quarter because it think it offers insights into both inflation trends and the health of the economy. The inflation link is self-explanatory. On economic health, my theory is that pricing in travel […]

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