Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Wednesday morning saw the announcement of annual results from Peel Hotels (PHO), and the headline numbers are impressive for a hotel operator without any presence in London and which is wedged in that uncomfortable space between the luxury and budget brands. It has all the makings of a serious recovery play – just look at the percentages!
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