Hotels, Resorts & Cruise Lines

Deustche Bank has reported on the terminated franchise agreement between Summit Hotels (NYSE: INN) and Choice Hotels (NYSE: CHH). According to the report, "Summit and Choice Hotels (CHH) terminated franchise agreements on 11 hotels, effective March 23, drawing to a close their relationship, at...

Goldman Sachs is changing its estimates on Orient Express Hotels Ltd. (NYSE: OEH), but is keeping its Neutral rating and $13 price target on shares. In a note to investors, Goldman writes, "We have updated our estimates. We do not view these changes as material, and there is no change to our...

Olin Corp (NYSE: OLN) was upgraded by Longbow from "neutral" to "buy." OLN's shares closed at $21.24 yesterday. Olin's PEG ratio is 0.40. Jacobs Engineering Group Inc (NYSE: JEC) was upgraded by Goldman from "sell" to "neutral.” JEC's shares closed at $48.24 yesterday. Jacobs Engineering's...

According to Keefe, Bruyette & Woods, Marriott International (NYSE: MAR) reduced expectations for 1Q11 RevPAR given poorer North American demand trends, partially offset by international trends at the high end. NA RevPAR now seen at 5-6%; reaffirmed 1Q EPS range of $0.24-$0.28. Keefe, Bruyette...

Analysts at Wells Fargo upgrade Marriott International Inc (NYSE: MAR) from “market perform” to “outperform.” MAR shares fell 6.27% to close at $35.30 yesterday. More Analyst Ratings here

Cusick's Corner The market is at a point of indecision, especially with the market digesting quite a move to the upside, hitting resistance at the very point in February where there was a glut of congestion and finally the lack of volume. Also the proverbial Canary in the coal mine is chirping,...

Marriott International (NYSE: MAR) Executive Vice President and Chief Financial Officer Carl Berquist will tell a conference today that the company expects its worldwide systemwide revenue per available room (RevPAR) in the 2011 first quarter to increase approximately 7 percent, at the low end of...

J.P. Morgan is set to hold its JPMorgan Gaming, Lodging, Restaurant and Leisure Conference today. Scheduled to present are Wyndham Worldwide Corporation (NYSE: WYN) Wendy's/Arby's Group (NYSE: WEN) and Starbucks (NASDAQ: SBUX). These names could see a little bit of a benefit today from presenting...

Wyndham Worldwide Corporation (NYSE: WYN) today announced that it has completed a term securitization transaction involving the issuance of $400 million of investment-grade asset-backed notes. Sierra Timeshare 2011-1 Receivables Funding LLC issued $296 million of A rated notes, $80 million of...

Marriott International Inc (NYSE: MAR) was downgraded by Goldman from "buy" to "neutral." MAR's shares closed at $37.66 on Friday. Marriott's PEG ratio is 1.63. Oppenheimer downgraded L-3 Communications Holdings Inc (NYSE: LLL) from “perform” to “underperform.” LLL's stock closed at $79.62 on...

Starwood Hotels & Resorts Worldwide (NYSE: HOT) today announced that its Sheraton brand continues to lead the company's global growth and strengthen Starwood's position as one of the largest international hotel operators in China. Twenty-five new Sheraton hotels will open this year, including...

Bluegreen Corporation (NYSE: BXG) announced that its Board of Directors is exploring other strategic alternatives for the Company's Bluegreen Communities business segment, including a possible sale. Led by President and Chief Executive Officer Daniel Koscher, Bluegreen Communities has operated...

Wind power is a high-growth industry with a glowing future. Investors can expect to find many jewels. Some companies are already well recognized, but others, such as XZERES Wind Corp (OTCBB: XWND), a designer, developer and producer of distributed generation, wind power systems for the small wind...

In today's UBS research summary, UBS ugraded AOL (NYSE: AOL) from Neutral to Buy, lowered Carnival's (NYSE: CCL) price target from $52 to $47, raised its Church & Dwight (NYSE: CHD) price target from $70 to $81, raised Gilead Sciences (NASDAQ: GILD) from $44 to $47, and lowered its price target...

WILSONVILLE, OR — (Marketwire) — 03/23/11 — XZERES Wind Corporation (OTCBB: XWND), designer, developer and producer of distributed generation, wind power systems for the small wind market (2.5kW-100kW), today announced MCS Approval for its 442SR 10kW small wind power system. This is a significant...