IHG Hotels Hitting Triple Top
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.
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.
Note
As expected it hit a brick wall that never recovered.
Real Macro Economic Investing
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Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.