Business & Finance
Business and Finance
Business and Finance
Wed, March 23, 2011 Equity Research on Diamondrock Hospitality Co. and Strategic Hotels & Resorts Inc. - Lodging REITs Looking to Acquire
NEW YORK, NY--(Marketwire - March 23, 2011) - [ www.shinesroomonline.com ] has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the REIT - Hotel/Motel industry and are offering free analytical research on Diamondrock Hospitality Co. (
As the lodging industry continue to mount a comeback, acquisition and debt paying efforts appear to be the favored strategies at the moment for hotel/motel real estate investment trusts. Visit [ www.shinesroomonline.com ] to see how companies in this industry have grown over the past years and how they are expected to perform in the future.
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According to Smith Travel Research, hotel demand in the U.S improved by more than 7% in 2010 compared to the 6% decline in 2009. The key statistic though has been steadily increasing revenue per available room figure. In addition to the aforementioned figures, average room rates and occupancy figures have also been improving in 2011.
Strategic Hotels and Real Estate announced the acquisition of two Four Seasons hotels from the Woodbridge Company Ltd. in exchange for 15.2 million shares of common stock. After spending $326 million on 4 major acquisitions in 2010, Diamond Rock Hospitality stated that it would pursue deals opportunistically this year on the backing of its strong balance sheet. Strategic Hotels & Resorts Inc. and Diamondrock Hospitality Co. reports are accessible for free by registering today at [ http://shinesroomonline.com/reports/March2311StrategicHotels&ResortsInc.(BEE)230311.php ] or [ http://shinesroomonline.com/reports/March2311DiamondrockHospitalityCo.(DRH)230311.php ].
Overall, steadily improving metrics seem to indicate that 2011 could be a comeback for the lodging industry. As a result, many hotel/motel REITs are shifting their efforts to acquisitions to capitalize on the possibility.
The two REIT - Hotel/Motel stocks research reports are available for free by signing up now on [ www.shinesroomonline.com ].
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