Starwood Expands Footprint in Africa

As part of its aggressive expansion programs in Africa, leading hotelier, Starwood Hotels & Hotels Worldwide Inc. ( MAR) that recently created a non-binding letter of intention with Cape Town, South Africa-based Protea Hospitality Holdings to buy two Protea Hotels brands and the resort management company that looks after these brands.

Stocks worth looking at in the space include Orient-Express Hotels Ltd. (OEH) and Choice Hotels International Inc. (CHH). While Orient-Express Hotels carries a Zacks Rank #1 (Strong Buy), Choice Hotels International holds a Zacks Rank #2 (Buy).

Read the Full Research Report upon MAR
Read the Full Analysis Report on OEH
Browse the Full Research Report on CHH

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As part of the aggressive expansion plans in The african continent, leading hotelier, Starwood Hotels & Resorts Worldwide Incorporation. ( MAR) that recently entered into a non-binding letter of intent with Shawl Town, South Africa-based Protea Food Holdings to buy two Protea Resorts brands and the hotel management corporation that looks after these brands.

Stocks worth considering in the space include Orient-Express Resorts Ltd. (OEH) and Choice Hotels Global Inc. (CHH). While Orient-Express Hotels carries a Zacks Rank #1 (Strong Buy), Choice Resorts International holds a Zacks Rank #2 (Buy).

Read the Full Research Report on MAR
Read the Full Research Report upon OEH
Read the Full Analysis Report on CHH

Zacks Investment Research

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