News Focus
News Focus
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LexL

11/08/07 12:37 AM

#9540 RE: 3xBuBu #9539

Thanks wonderbuy, I got lucky today, I loaded up on the dec 30 put, at .60
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The_Game

11/08/07 7:49 AM

#9542 RE: 3xBuBu #9539

BX STRADDLE ALERT!!!!!

They report Monday. Crazy cheap NOV and DEC options available. They are grouped in with the banks, but they don't have the subprime exposure. Either way they will have a big pop or drop. Hotels are doing good which works for their Hilton buyout.


LOS ANGELES, Nov 7 (Reuters) - U.S. hotels posted a 5.4 percent increase in room revenue for the week ended Nov. 3 from a year earlier, Smith Travel Research said on Wednesday.

Occupancy fell 0.6 percentage points to 60.4 percent, while room rates rose 6.1 percent to an average of $105.46 a night, according to Smith Travel, which tracks lodging industry data.

That boosted revenue per available room -- a combination of room rates and occupancy that is a benchmark of the industry's health -- by 5.4 percent to $63.75.

Major hotel operators in the survey included Marriott International Inc (MAR.N: Quote, Profile, Research), Starwood Hotels & Resorts Worldwide Inc (HOT.N: Quote, Profile, Research) and the Blackstone Group's (BX.N: Quote, Profile, Research) Hilton Hotels Corp. (Reporting by Lisa Baertlein; Editing by Braden Reddall)