Company Press Release
July 11, 2000
NEW YORK, NY -- Eight leading analysts and top management from five sector firms examine the Lodging sector in
the latest issue of The Wall Street Transcript (212/952-7433) or http://www.twst.com/info/info127.htm
In a vital review of this sector for investors and industry professionals, this valuable 62-page Special Issue
features:
1) Outlook for Lodging Stocks - In an in-depth (4,200 words) Analyst Interview, Keith Mills, Equity Analyst at
PaineWebber, discusses the outlook for the sector and shares specific stock recommendations.
Mills highlights Four Seasons Hotels' (NYSE:FS) performance: ``Four Seasons exceeded our estimated earnings per
share (EPS) estimate by $0.09, or 27%. The company had an exceptional first quarter, driven by 11% same-store RevPAR
growth. We believe the company's second quarter RevPAR growth and earnings will be similar, and possibly superior,
to its first quarter growth.''
This 62-page Special issue also features:
2) Lodging Industry - In an in-depth (16,300 words) Analyst Roundtable with David Anders, First Vice President
at Merrill Lynch, Michael Happel, Principal of Morgan Stanley Dean Witter, Bryan Maher, Vice President with Credit
Lyonnais Securities (USA), and Joyce Minor, Vice President at Lehman Brothers.
3) Outlook for Cruise Lines - In an in-depth (5,000 words) Analyst Interview with Brian Egger, Vice President with
Donaldson, Lufkin & Jenrette, and Robin Farley, Senior Vice President at PaineWebber.
4) Outlook for Lodging - In an in-depth (4,200 words) Analyst Interview with Keith Mills, Equity Analyst with PaineWebber.
5) The TWST confidential Off-The-Record survey of management performance at 9 sector firms asked market insiders
about the ability of management teams to create shareholder value. 6) CEO interviews (average 2,500 words). Top
management of five sector firms examine the outlook for their firm and the sector. For a complete list of companies,
see http://www.twst.com/info/info127.htm To obtain a copy of
this 62-page Lodging Industry issue, call 212/952-7433 or see http://www.twst.com/info/info127.htm
The Wall Street Transcript is a premier weekly investment publication interviewing market professionals for serious
investors for over 37 years.
The Wall Street Transcript has launched a new free service where investors can ask the above company (or any public
company) a question at http://www.qawire.com
The Wall Street Transcript does not endorse the views of any interviewee nor does it make stock recommendations.
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Contact:
The Wall Street Transcript
Peter McLaughlin, 212/952-7433
http://www.twst.com