Smedes Rose
Smedes Rose
chairs musical
There's a lot of musical chairs going on.
chinese consumer demand evidence hampton hilton hotel india inn might places quality resonate services
There is already a lot of evidence of demand for mid-level hotel services in places like India and China. A Hampton Inn by Hilton might resonate with the Chinese consumer as quality without being particularly expensive.
appears capturing driven good orleans results rewards seemed total
It was a really good quarter. It seemed to be driven by better results out of New Orleans .... and the Caesar's integration into Total Rewards appears to be capturing a lot of customers.
appears capturing rewards total
The Caesar's integration into Total Rewards appears to be capturing a lot of customers.
brands component deal hilton outside united
Strategically this deal makes sense. Hilton not only integrates the international component of the Hilton brand, but allows for development of non-Hilton brands outside of the United States.
above colony columbia heard offers toward
Offers will probably get toward $50 (per share), but probably not much above that. We still haven't heard from Colony or Columbia Sussex.
happen hotel private public surprised
In some cases, private valuations have surpassed public valuations in the hotel business. I'm surprised this didn't happen sooner.
associated company costs face high increases pressure red shares works
In our view, shares could face near-term pressure as the company works through high start-up costs associated with Red Rock, increases in promotional spending, and competitive responses.