CALL TO ACTION
The M&A market heated up dramatically in Q4 2014 with the publicly traded C-corp involved with the usual REIT/PE suspects. An active transaction market at higher prices dovetails nicely with what was likely a strong top line Q4 for the hotel stocks.
Please see our detailed note: http://docs.hedgeye.com/HE_Q4_2014_Lodging_Transactions.pdf