Emerging Markets - the Next episode for Hoteliers? - Securities Finance Daily Report - 23 August 2010

The Hotels sector has seen strong performance over the past year but recovery is expected to be gradual and limited by region. Earlier this week we took a glance at the growth of travel in Asia, highlighting the success of Indian travel company Makemytrip (MMYT) recently floated on the Nasdaq. Is the hotels sector looking to the emerging markets as the next region for expansion opportunity? Accor Sa (AC), the French hotel group has reported that it aims to open a new hotel each week in Asia over the next two years! We take a look the world’s leading hotel groups that may also share this enthusiasm and how investors are positioned?

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