Summit Notebook
Exclusive outtakes from industry leaders
Are the days of flying business and 4-star hotels over for biz travelers?
Are flying coach and staying at budget hotels the “new normal” for businesspeople who travel for work? If so, what does it mean for airlines, hotels and casinos still trying to recover from the economic downturn? Chris Woronka, Senior Gaming, Lodging and Leisure Analyst at Deutsche Bank Securities shares his thoughts with us on what’s in store for the Travel and Leisure Industry in 2010. Will the industry once again be flying high? Or, will the prospects for a better year ahead get grounded?
Audio – Everybody loves a winner in Vegas, baby!
It seems that any sentence about Las Vegas, the people who work there or the stocks of the companies that run the big casinos ends better with the word “baby”. It’s almost like you can hear Frank saying it to Dino on their way into some smoky, after-hours cocktail party.
So, even though Bill Lerner, casino and gaming analyst at Deutsche Bank didn’t exactly end his comments on casino stock picks like Sinatra might have … well, it’s Vegas, baby!
Lerner, speaking at the Reuters Travel and Leisure Summit in New York, spoke extensively about the stocks in the gaming sector and identified the ones he thinks have the best chance at near- and longer-term success.
Lerner was one of the featured speakers at the summit, which continues through Wednesday in our New York headquarters. The Summit program is in its fifth year, and in 2009 will include top-level executives from industries and sectors including everything from Infrastructure; to Mining; to Investing in India, China, Japan and Russia; to Food and Beverages.
