👤 Person

Daniel Politzer

💼 Analyst
2 stories · First covered Mar 8, 2026 · Latest Jul 9
Related: J.P. Morgan 2 Las Vegas 1 Revenue Management 1 RevPAR 1 Franchise economics 1 Hyatt 1 Labor Costs 1 Atlantic City 1 EBITDA 1 Caesars Entertainment 1 Deloitte 1 Wyndham 1
Works at J.P. Morgan
Daniel Politzer Coverage
Fertitta Is Paying $31 Per Share for Caesars. The Real Price Is $17.6 Billion in Conviction.
Transactions
Jul 9

Fertitta Is Paying $31 Per Share for Caesars. The Real Price Is $17.6 Billion in Conviction.

Fertitta Entertainment's all-cash acquisition of Caesars implies a 49% premium and absorbs $11.9 billion in existing debt. The per-key math across 50-plus resorts reveals what Tilman Fertitta actually believes about private ownership, cost discipline, and the future of gaming loyalty.

JC
Jordan Chen 3 min read · Jul 9
J.P. Morgan Says Hotel AI Will Pay Off in 2026. Let's Check Their Math.
Technology Primary
Mar 8

J.P. Morgan Says Hotel AI Will Pay Off in 2026. Let's Check Their Math.

A sell-side research note claims hotel AI investments hit an "inflection point" this year with measurable EBITDA gains. The headline numbers are impressive. The derived numbers tell a different story.

JC
Jordan Chen 2 min read · Mar 8