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peak levels and very little supply growth over the next two or three, four years and plays the strength, high at starwood and marriott>> you have outperforms on starwood and marriott. let's hit starwood first. what makes them attractive? >> starwood announced an expanded buyback program and bought back stocks and will sell trophy locations such as the street regis new york and others. they will accelerate return of capital dividends and shareholders. >> why has starwood overperformed the others year-to-date. does that make it more compelling from a valuation discount. >> it's overperformed sundry because they've been more aggressive in capital. we think they have the best in class brand, westwood, sheraton, brands positioned to capitalize on upper end travel as well as corporate demand. >> when i see 28% gains year-to-date from marriott, hard to look at that and go, really, how much more could there be in what is a relatively slow growth story. >> that's fair. the stock does take a pause here. this is a free cash flow machine, north of $5 million. a conservative management team. strong balance sheet. you have a stead