Wednesday, February 22, 2006

Intercontinental Hotels Group Launches Industry's First Comprehensive Virtual Concierge Service for Holiday Inn(R) Hotels and Resorts: Financial News

Intercontinental Hotels Group Launches Industry's First Comprehensive Virtual Concierge Service for Holiday Inn(R) Hotels and Resorts: Financial News - Yahoo! Finance: "eHost gives Holiday Inn guests 24-hour access to the information normally provided by a traditional concierge, including area dining options, attractions, movies, shopping, transportation, and events in the immediate vicinity of the Holiday Inn where they are staying"

Something tells me IHG could have saved money by partnering with Google or Microsoft for something like this.

There has been a lot of talk about the measurement of market cap to # of employees in a company, and what an employee is worth to a company. If you do a straight division of market cap / # of employees for this company, you get $250k/employee. For Microsoft you get $4.5B. On revenue, it would be $147k and $678k respectively.

With this metric alone, could you see which company is overvalued?

My wife picked IHG because of it's new points rewards program, which allows you to collect points and redeem them at any hotel, even outside the chain. I don't see any information on this, so she could be mistaken for another hotel.

Another stock I'm looking at besides Holiday Inn/IHG is Timberland (TBL). I don't see their employee count on Yahoo, however their market cap is 2.26B with 213M in the bank, and 0 debt. Since Timberland and Dockers are two of my favorite brands, and as of 1985 I can't buy Dockers (Levi's) stock unless I get it from Japan, Timberland is probably my pick.

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