Value Investing News

Recent research has suggested that the European hotel industry is showing steady signs of growth in the wake of the global economic crisis.

Although not yet back to pre-recessionary levels, there remains plenty of scope and opportunity for investors to increase their exposure to this growing market.

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A person’s character is determined by how they behave when no one else is looking and during difficult times. In much the same way, we can learn a lot about a company’s management when they face adversity. One metric I look at closely during a downturn is cash generation relative to earnings.

What a difference a year makes. This time last year we were looking at big-name dividend cuts and very few increases. Last week’s 16 increases set the stage for this week’s flood of companies, large and small, raising cash dividends paid to their shareholders.