2012-11-30 14:14:31 -
CHICAGO, IL -- (Marketwire) -- 11/30/12 -- Improved consumer confidence in the U.S. and lower levels of unemployment augur well for the lodging industry which includes companies such as Starwood Hotels & Resorts Worldwide and Wyndham Worldwide. The improved environment has been reflected in the quarterly results of several companies, and some have been looking to take advantage of the uptick by building new hotels or revamp existing ones. Street-Wire.com posted free reports on Starwood Hotels & Resorts Worldwide Inc.
(NYSE: HOT) and Wyndham Worldwide Corporation
(NYSE: WYN), which are available at
http://www.street-wire.com/ : ctt.marketwire.com/?release=960347&id=2339278&type=1& ..
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Increased revenue per available room, a key industry metric, has also been a positive and has led some companies higher. Wyndham saw its revenue per available room climb in the 3rd quarter, and also posted a 20% increase in adjusted earnings per share when compared to the same period last year. The company has also been announcing a variety of offers of late which could help drive sales moving forward. Our financial analysis on Wyndham Worldwide can be accessed at
http://www.street-wire.com/WYN30112012.pdf : ctt.marketwire.com/?release=960347&id=2339284&type=1& ..
On the expansion side of things, Starwood has been making waves. The company recently announced plans for ten new hotels in Africa over the next three years, which would bring its total to forty-eight. Starwood also newly completed multimillion dollar refurbishments to four of its properties in Hawaii. Starwood Hotels & Resorts financial analysis available for free at
http://www.street-wire.com/HOT30112012.pdf : ctt.marketwire.com/?release=960347&id=2339287&type=1& ..
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