Starwood Gaps To New High; Other Hotel Stocks Set Up

By | April 29, 2015

Scalper1 News

The Leisure-Lodging group outperformed Wednesday, led by Starwood Hotels & Resorts (HOT), which announced it is exploring strategic alternatives. Shares of the hotel chain shot up 8% to a new all-time high. The company also reported first-quarter results that topped expectations. Earnings per share climbed 3% to 65 cents a share, while revenue slid 3% to $1.42 billion. The lodging industry group is ranked near the middle of the pack in terms of Scalper1 News

Scalper1 News