Expert's Economic Outlook, Global - Equity Research on DiamondRock Hospitality Company and Strategic Hotels &; Resor
October 14, 2011 09:00 ET
Expert's Economic Outlook, Global - Equity Research on DiamondRock Hospitality Company and Strategic Hotels & Resorts Inc.
MACAU--(Marketwire - Oct 14, 2011) - Today, [ www.EquityMarketsInc.com ] announced its research report highlighting DiamondRock Hospitality Company (
Short-term outlooks within US and global economies continue to adjust downward, as US Treasury yields touched their lowest levels in over 65 years. International Monetary Fund downgraded estimates for US growth by 1.0% this year, down from 2.5%. 'Significant downside risks' to the US economy were confirmed by the Federal Reserve pressured by 'strains in global financial markets'.
As the US dollar trades above an eight-month high against the Euro, it highlights a deepening of the Eurozone sovereign debt crisis -- furthered by continued policy inaction from European governments. We expect continued volatility until economic data stabilizes and we see decisive policy action to deal with the Eurozone debt crisis.
Our members are preparing for a turn in tides. Currently, the Credit Suisse Risk Appetite Indicator is at a 30-year low. For the past three occurrences, this level has acted as a leading indicator of large stock market rallies 18 months following.
Equity Markets has reviewed DiamondRock Hospitality Company for its current position within the financial industry. DiamondRock Hospitality Company is a lodging-focused real estate company that, as of February 28, 2011, owns a portfolio of 23 hotels and resorts that contain 10,743 guestrooms and a senior mortgage loan secured by another hotel. The Company is an owner of the 23 hotels in its portfolio. The full research report on DiamondRock Hospitality Company (
Equity Markets has reviewed Strategic Hotels & Resorts Inc. for its development within the financial industry. Strategic Hotels & Resorts, Inc. (SHR) was formed to acquire and asset-manage luxury hotels that are subject to long-term management contracts. The Company operates as a self-administered and self-managed real estate investment trust (REIT). The full research report on Strategic Hotels & Resorts Inc. (
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