IHG Hotels Hitting Triple Top

30 Mar 2021

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.

22 Kas 2022

Not

As expected it hit a brick wall that never recovered.