hotels

The White House expects all adults who want a vaccine against the coronavirus will be able to get one by the end of May and this will "inspire confidence" in travel, Marriott International Inc (NASDAQ: MAR) CEO Tony Capuano said on Fox Business. What Happened: U.S. President Joe...

American Hotel & Lodging Association, in a letter, requested U.S. lawmakers to raise the borrowing threshold for hotels in the Paycheck Protection Program. Hyatt Hotels Corp. (NYSE: H), Marriott International Inc. (NASDAQ: MAR) and InterContinental Hotels Group PLC (NYSE: IHG) are a few members...

Hotel stocks are on a two-day winning streak, and bullish investors with a long-term time frame should pick one name over the others, according to Chantico Global CEO Gina Sanchez. Why Sanchez Likes Hilton The hotel industry is among the hardest hit in the coronavirus pandemic, but this...

As COVID-19 cases continue to soar outside of China, its impact is expanding over markets worldwide, causing stocks to plunge. But considering that this is the time when people are usually looking to book their summer holidays, things could get even worse for the already troubled travel industry....

What the market has been doing this week is repricing where it thinks earnings should be in light of the hit to global economic growth that is expected from the coronavirus. With the outbreak continuing to spread worldwide, the market is continuing its downward spiral this morning. The shunning of...

Hotel search platform company Trivago NV - ADR (NASDAQ: TRVG) reported mixed first-quarter results, but two analysts are sticking with a bullish stance. Mizuho: Challenges Ahead Trivago's first-quarter revenue fell short of expectations and was lower by 20 percent year-over-year, Mizuho...

During its first investor day in three years, Hyatt Hotels Corporation (NYSE: H) announced plans to sell assets. While the move is positive ,the company’s peers Hilton Hotels (NYSE: HLT) and Marriott International Inc (NASDAQ: MAR) have already achieved asset-light status, according to...

Online travel agency Booking Holdings Inc (NASDAQ: BKNG) finalized and closed its acquisition of hotel metasearch site HotelsCombined, which prompted Guggenheim to revisit its thesis on the stock. The Analyst Guggenheim Partners' Jake Fuller maintains a Neutral rating on Booking Holdings with...

Hotel chain Marriott International Inc (NASDAQ: MAR) confirmed Friday it has been a victim of a data security breach involving its Starwood guest reservation database. What Happened Marriott said in a regulatory filing it first became aware of a potential data breach Sept. 8, when an internal...

The economy is performing well and "people want to go out and enjoy things," Booking Holdings Inc (NASDAQ: BKNG) CEO Glenn Fogel told CNBC Friday. This is especially true for millennials who continue to show a willingness to forgo buying items so they have more money for experiences like...

The lodging industry has seen multiple M&A and strategic optionality deals over the past year and investors are likely undervaluing Extended Stay America Inc (NYSE: STAY)'s ability to create value, according to Morgan Stanley. The Analyst Morgan Stanley's Thomas Allen upgraded...

Investors can find a lot to like about the timeshare industry, but that's doesn't mean every stock in the group is attractive, according to Credit Suisse. The Analyst Credit Suisse's Cameron McKnight initiated coverage of the following equities:  Marriott Vacations Worldwide...

Deutsche Bank previewed the quarterly reports due from online travel agencies this week, including Booking Holdings Inc (NASDAQ: BKNG) and Tripadvisor Inc (NASDAQ: TRIP). The Analyst Deutsche Bank's Lloyd Walmsley maintains a Hold rating on Booking Holdings with a price target lifted...

Booking Holdings Inc. (NASDAQ: BKNG), formerly known as Priceline Group, reported its fourth quarter results on Tuesday which exceeded expectations, in part due to the travel business performing "very well." What You Need To Know Booking Holdings is taken full advantage of the fact that...