2015 Global stock markets continue to fall Hilton Hotel bottom
- Source:Hotel Property Network
- Release on:2015-12-08
Since early 2015, global stock markets plunged straight hotel, Hyatt decline to 21%. In the past five years, all hotel groups have failed to outperform stocks, Hilton minimal gains.
Global stock markets plunged straight hotel, from early 2015 to date, Hyatt Hotels Corporation experienced the biggest decline, it has reached 21 percent. Followed by Wyndham Universal, Starwood Hotels and Resorts, the two hotel groups have also hit about 17% of the decline. Marriott International and Hilton Hotels also fell respectively by 10% and 11%. In contrast, consumer discretionary stocks SPDR ETF invested more than 2015 harvested about 3% gain, but the S & P index has dropped about 8%.
In the past five years, all hotel Group shares are rising, but in any case, most hotels Group shares failed to outperform. Wyndham Worldwide in the past five years, a total of up to about 164%, outperforming only (124%) Indices hotel group. It followed by Marriott, the past five years a total of up to about 92%. Starwood and Hyatt rose about 28%. Hilton rose 6% with minimal bottom.
US hotel industry, including hotel group: Hilton, Hyatt, Marriott, Starwood, Wyndham, and there are some other medium-sized and small-scale industries, which made nearly 40,000 companies, and operates 53,000 homes Property and each year more than 160 billion dollars in revenue.
The hotel industry has been regarded as a highly competitive industry in many fields, but the main factors causing the reason is that the demand of international business and tourism.