Fairmont Deal May Raise Hotel Valuations: Analysts | reuters.com

NEW YORK (Reuters) - The takeover of Canada's Fairmont Hotels & Resorts Inc. (FHR.TO: Quote, Profile, Research) could raise valuations of other hotel companies' stocks, as investors speculate there could be more takeovers in the sector, analysts said on Monday. Fairmont said on Monday that Saudi Prince Alwaleed bin Talal and Colony Capital will pay $3.