NEW YORK— Lodging analyst Mark Abramson of Bear Stearns is launching coverage of 11 North American hotel companies. He currently rates the sector Market Underweight and is starting Hilton Hotels Corp., Fairmont Hotels and Resorts and Choice Hotels International with Outperforms. The other companies and their ratings are: Extended Stay America, Peer; Four Seasons, Underperform; Starwood Hotels & Resorts Worldwide, Peer; Marriott International, Peer ; Prime Hospitality Corp., Underperform; FelCor Lodging Trust, Underperform; Host Marriott, Peer; and MeriStar Hospitality, Peer.
