Although the travel and leisure industry has greatly suffered over the past year due to cutbacks in consumer spending, analyst David Katz at Oppenheimer still feels optimistic about some hotel stocks.
Recommendations
Starwood Hotels & Resorts Worldwide -–“Half of their hotel business comes from outside the United States, the growth is robust.”
Marriott International and Intercontinental Hotels --Marriott and Intercontinental "are driven by swaths of the United States, particularly in the moderate price ranges.”