(NEW YORK)Standard & Poor's Rating Services said Tuesday it has lowered the corporate credit rating of FelCor Lodging Trust Inc. deeper into junk territory, citing projections of a continued...READ MORE
(NEW YORK)After initially rising with the broader market Tuesday, hotel companies' stocks fell in afternoon trading as an analyst said he does not expect an industry rebound until 2011.READ MORE
(NEW YORK)Shares of most hotel real estate investment trusts dropped Wednesday afternoon--some posting percentage declines in the double digits--as a pair of analysts issued downbeat outlook...READ MORE
(NEW YORK)Shares of hotel real estate investment trusts dropped further on Monday amid a global market sell-off, after a gloomy forecast by Marriott International Inc. last week heightened i...READ MORE
(BOSTON)A JPMorgan analyst on Thursday said the lodging industry will be hurt by declining corporate travel business, growing room cancellations and tough rate negotiations with corporate ...READ MORE
(LOS ANGELES)Shares of FelCor Lodging Trust Inc. tumbled Wednesday afternoon, after the real estate investment trust was downgraded by KeyBanc Capital Markets. FelCor shares fell $1.11, or near...READ MORE
(NEW YORK)A Wachovia Capital Markets analyst cut his ratings for five lodging companies on Thursday, predicting that revenue per available room will drop 3 percent in 2009 across the top 25 ...READ MORE