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REIT Comments |
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02/05/10
BEE $2
Strategic Hotels & Resorts BEE traded DOWN ($0.15) per share in midday trading to down (7%) day
BEE underperformed Hotel REITs, UP +11% for 2009
BEE traded UP +8% year to date for 2010
BEE investors should expect dismal operating results to be reported for 4Q 2009, impacted by lower demand for travel services
BEE 4Q revenues for most hotels may be down more than (15%), with drastic profit decline
BEE a Hotel REIT with a portfolio of upscale hotels in US, Mexico and Europe
BEE we rank 5 SELL
BEE market cap $162 million
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