IHG Hotels Hitting Triple Top

2021年3月30日

With so much money printed and QE causing asset price inflation, some of that money has been used
to front-run in the hotel space that is not hitting key multiple resistance areas. Buying up hotels at
such valuations as if hotel occupancy rate will exceed Jan 2020 is a joke.

statista.com/statistics/206546/us-hotels-occupancy-rate-by-month/

CAR (Avis) is experiencing something similar simultaneously

Price is what you pay value is what you get. Buffet Not much value at these prices.

2022年11月22日

註釋

As expected it hit a brick wall that never recovered.