North America
Highgate Will Purchase Viceroy Hotels
JP Morgan said they see more compelling value and better risk-rewards in gaming versus lodging , given better values and differing sets of investors’ expectations for fundamentals.
Barclays gave their US Gaming, Lodging & Leisure outlook, saying their preference is the Cruise Lines out of the sub-sectors.
Highgate has entered into a definitive agreement to purchase Viceroy Hotels & Resorts.