Use access key #2 to skip to page content.
$0.92 -0.02 (-2.13%)
12/5/2008 9:37 AM

Interstate Hotels & Resorts, Inc. (IHR)

CAPS Rating:
**

An independent U.S. hotel management company not affiliated with a hotel brand, measured by number of rooms under management. The Company has two reportable operating segments: hotel management and hotel ownership.

View All Commentary (IHR)

Recs

0

Avatar kujhawk80 (< 20) Submitted: 9/11/07 5:57 PM : Outperform Start Price: $3.66 IHR Score: -31.64

Book value @ 6/30/07 was $5.83/share.





If they can keep hotels under management above 150 for the remainder of the year and get them back above 185 during 2008, this will be a great stock with good returns. Current P/E is 4.75 while industry average is around 22. If you take into consideration that these companies have brands you can discount a by 10 and you could assume a reasonable P/E to be somewhere in the ballpark of 12. That would fair value IHR stock at a little over $9/share.





Company is in transition to more secure revenue streams. I like the stock and the company's focus. I'm going to keep buying!

Report this Post Replies: 0 | Reply | Permalink

Featured Broker Partners

Sponsored Links