Trade Alert: Higher Vacancies Put Pressure On This Iconic Hotel Brand

The results of the economic shutdown have been devastating for many businesses, both large and small. In particular, the combination of pandemic fears, travel restrictions and greatly reduced spending has hit the hotel sector worse than almost any other industry. Jim and Scott target this iconic hotel brand as continued struggles with reduced business travel and consumer spending will negatively impact vacancy rates and put extreme downward pressure on its stock price.

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Jim Rickards

James G. Rickards is the editor of Strategic Intelligence, Project Prophesy, and Crash Speculator. He is an American lawyer, economist, and investment banker with 40 years of experience working in capital markets on Wall Street. He was the principal negotiator of the rescue of Long-Term Capital Management L.P. (LTCM) by the U.S...

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