(HENDERSONVILLE, Tenn.)The U.S. hotel industry posted declines in three key performance metrics last week as the Jewish holiday and severe economic turmoil drove down demand, a market research firm said ...READ MORE
(NEW YORK)A Goldman Sachs analyst lowered his 2009 and 2010 estimates for the hotel sector late Monday, citing broad economic uncertainty, projected supply growth and weakening business trav...READ MORE
(NEW YORK)Shares of Starwood Hotels & Resorts Worldwide Inc. dropped sharply with the broader market on Monday as concerns about economic deterioration continued to weigh on lodging stocks, ...READ MORE
Among the stock activity stories for Monday, Oct. 6, from AP Financial News: NEW YORK (AP)--Shares of medical device maker Varian Medical Systems Inc. sank Monday after an analyst ...READ MORE
(NEW YORK)Shares of major hotel companies remained mixed on Friday afternoon, following the U.S. House of Representatives' approval of a $700 billion financial bailout package.READ MORE
(NEW YORK)Shares of hotel operators were mixed in the third quarter as investors fled companies most exposed to weakening leisure and business trends for those with more defensive business m...READ MORE
(NEW YORK)Shares of hotel companies dropped on Monday--and plunged further after the House rejected a $700 billion bailout of the U.S. financial system--as the travel outlook for 2009 grew g...READ MORE