Capital Ideas & Analysis

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Archive for September 23rd, 2007

Hotels as a Weak Dollar Play

without comments

With the dollar weakening I think hotels will win foregin tourists and be able to end up with pretty good earnings. According to UCSB Southern California hotels are up 7.2% in occupancy vs last year at this time. They also made note of the fact that inflation in California is down 42% YOY.

Written by ryanromero

September 23, 2007 at 10:45