Just returned from Des Moines, Iowa where I
stayed in both Four Points hotels. Des Moines is famous
for a glut of mid-priced (aka "cheap" hotels), but
ours are doing well.
Clean, good service, and
full. What more could you ask for? An increase in stock
price? Sure. Give it time. The market is a manic. HOT is
a value here.
Back the truck up if we get
into the 28s again.
Your facts are way off base. Meristar is in DC.
What do you think HOT could want with them? A
management company from the C-Corp - NO - they already have
a better operated division. Could it be the real
estate - well lets take a look at the brands Meristar
has - again NO - too many non-HOT properties to ever
be attractive. HOT owns real estate in Dallas,
including a JV portion of the Sheraton Suites. Maybe they
are simply inspecting assets. Buying Wyndam - come
on! Why, for their strong brands? Maybe for their
cohesive group of assets. You people speculating in real
time are stalkers - get a life, whoops, a clue, then a
You think that "heavenly beds" will really make
that big a impression? Personally it seems to be more
of a "nice to have" amenity than something that
drives the purchasing decison for the
The reason that it's the talk of the bedding industry
is the cost. Hotels traditionally spend $300-400 for
beds, this new bed must cost upwards to $1000. Cleaning
costs will probably be substantially higher as well
given the materials and quality used.
that they've done a good job convincing thier hotel
owners and franchisees to buy into this program. Nothing
puts a crimp into a program faster than seeing "at
participating locations only".
Starwood will be be making a worldwide
announcement on August 31st that will effect every Westin
Hotel - Go to any Westin on that day for a peak at the
future. "You won't believe it until you see it" No
insider information here - just happen to know someone
who is a supplier and this new addition is the talk
of the industry.
I think the sale to Park Place was mainly 1) to
pay down debt and 2) to get out of gaming entirely.
This is one way in which management hopes to drive
stock prices back up. Starwood's main focus will be on
rennovating properties as opposed to purchasing new
properties. There are many major rennovations planned for
Y2k. There is a much higher ROI in rennovation than in
acquiring new props. Starwood is also looking to get into
the timeshare business ( by purchasing a large share
in Vistana timeshares) The new room plans for Westin
and Sheraton and the upcoming marketing plan for the
brands are very exciting!!! Watch out for Starwood in
Isn't Starwood negotiating to buy the Grand Bay
Resorts and Hotels from Wyndham for there vacation
ownership division locations such as The Peaks in Teluride,
Colorado, Boulders in Scottsdale, Carmel Valley Ranch,
California and The Stanly Ranch in Napa, California?