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Gaylord up on Goldman target tweak

Posted on September 29, 2009 at 2:45 pm

Shares of Gaylord Entertainment (Ticker: GET) and a number of other hotel operators had a nice Tuesday after Goldman Sachs analyst Steven Kent lifted his price targets and said the next economic upswing will bring more people and higher prices.

SEE ALSO: Kent’s call earlier this year that excluded Gaylord

The downside to Gaylord’s long-term booking strategy

Posted on May 29, 2009 at 7:20 am

Goldman Sachs Steven Kent raised his ratings on the hotel sector Thursday, saying shrinking supply and cost cuts are helping operators weather the storm. The one exception to his optimism is none other than Gaylord. (Ticker: GET)

Kent noted that Gaylord’s contracts are typically booked one to three years in advance so discounts offered now may weigh on results over a longer-term period.

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