May 16, 2013 at 10:55 AM EDT
StockCall Scrutinizes CTRP, HOT, MAR, and OEH
StockCall.com Provides Stock Research on Ctrip.com International Ltd., Starwood Hotels & Resorts Worldwide Inc., Marriott International Inc., and Orient-Express Hotels Ltd.
New York City, New York -- (May 16, 2013)
Although the global economic outlook has improved since the start of this year, a full recovery is still some way off. The U.S. economic environment has improved significantly thanks to a pickup in the labor market. China has shown signs of improvement even though the country is not likely to grow at double digit rates. The biggest concern remains the Eurozone. Data released on Wednesday showed that France, Eurozone’s second-largest economy, also slipped into a recession. With the Eurozone still struggling, the lodging industry can expect another challenging year ahead. The outlook for the lodging industry will improve if the European region, a key market, shows some signs of growth. However, given the current state of this region’s economy, that may take a while. Yesterday, shares of lodging companies ended on a mixed note even as the broad market closed at record high levels. Among the major movers were Ctrip.com International Ltd. (NASDAQ: CTRP), Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT), Marriott International Inc. (NYSE: MAR), and Orient-Express Hotels Ltd. (NYSE: OEH). StockCall reviewed the Lodging industry and chose CTRP, HOT, MAR, and OEH for its technical coverage. These free reports can be seen for free at
Shares of Ctrip.com International Ltd. rose sharply in Wednesday’s trading session, touching a 52-week high of $30.15. The stock closed 3.09% higher at $29.71 on above average volume of 2.95 million. The company’s shares have had an excellent run over the past week, gaining nearly 31.50% in the last five trading sessions. The stock is now trading well above its 50-day and 200-day moving averages. Download the free research on CTRP by signing up now at
Shares of Starwood Hotels & Resorts Worldwide Inc. fell sharply in trading yesterday even as the broad market edged higher. The stock closed 1.47% lower at $66.93 on volume of 1.53 million after trading between $66.80 and $67.91. Despite the sharp decline yesterday, Starwood’s shares are currently trading close to their 52-week high of $68. The stock has gained nearly 16.70% so far in 2013 as compared to a gain of 16.30% for the S&P 500. Register for today’s free analysis on HOT at
Shares of Marriott International Inc. ended nearly flat in Wednesday’s trading session after fluctuating between gains and losses. The stock closed 0.02% higher at $43.97 on above average volume of 3.45 million after touching a 52-week high of $44.45. Marriott’s shares have seen a series of highs over the past week which is a bullish signal. The stock is also trading above its 50-day and 200-day moving averages which further confirms the positive trend. Free report on MAR can be accessed by registering at
Shares of Orient-Express Hotels Inc. struggled in trading yesterday. The stock closed 1.47% lower at $11.38 on above average volume of 1.46 million, taking its losses for the week to over 1.80%. Year-to-date, the company’s shares have now fallen more than 2.60%, even as the broad market has rallied. The stock is currently trading more than 13.30% below its 52-week high.Register withStockCall and download the research on OEH for free at
StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at
William T. Knight
Contact Number: (646) 396-9857 (9:00 am EST – 01:30 pm EST)
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here