Hospitality

Shares of the vacation property rentals company Airbnb Inc. (NASDAQ:ABNB) were trading at a premium compared to its peers. According to data compiled by Benzinga Pro, the stock trades at a valuation 40% higher than the industry average, or 1.4 times as expensive Valuation Picture: While the shares...

Airbnb Inc. (NASDAQ:ABNB) exceeded earnings expectations in the fourth quarter of 2024, driven by accelerated growth in “nights and experiences” bookings and market share gains from traditional hotels. This marked the company’s strongest year-over-year growth quarter of the year...

While Marriott International Inc. (NASDAQ:MAR) performed better than analysts’ expectations in the fourth quarter, its guidance missed the first-quarter estimates. However, the company highlighted its growing digital strength and loyalty program during its earnings call. What Happened: The...

Following the tumultuous start to the decade for hospitality stocks, it's likely that leading Wall Street players and investors alike will be on high alert for the next curveball thrown at the industry. Now, as volatility returns to global markets, it appears that innovative hospitality firms are...

Businesses in the hospitality sector are reportedly experiencing a backlash as consumers, grappling with inflation, curtail spending and reduce their tipping habits. What Happened: A Bankrate poll revealed that approximately 60% of participants expressed dissatisfaction with the growing requests...

California-based online marketplace and hospitality service company, Airbnb Inc (NASDAQ:ABNB), is scheduled to report its third-quarter (Q3) earnings after the close on Nov. 1. Airbnb is a well-known travel disruptor of the traditional hospitality industry. Its platform was the first to provide a...

In a bid to combat the escalating issue of global noise pollution, Silencio Network has integrated with the peaq blockchain ecosystem, bringing over 35,000 smartphones into play as noise sensors. Spanning 176 countries, these devices form part of Silencio's decentralized physical...

MGM Resorts International (NYSE: MGM) saw a sharp increase in its share price after analysts at Credit Suisse boosted its rating for the hospitality brand this week. MGM is a hospitality giant in the United States and, since its inception in 1986, has established a presence across...

Fitness company Peloton Interactive (NASDAQ: PTON) has enjoyed a strong two years of stock performance since completing a 2019 IPO at $29 per share. The company could see more growth through its latest push in the commercial space. What Happened: Peloton announced Monday it is expanding...

One of the hottest stocks for retail traders was featured with a CNBC interview Thursday when the CEO of a publicly-traded company thanked Twitter and several prominent traders for helping the company stave off bankruptcy. What Happened: Ashford Hospitality Trust, Inc. (NYSE: AHT) was on...

Airbnb hosts are skirting the platform's rules to book more customers at their properties privately, rather than through Airbnb. What Happened: More and more Airbnb Inc (NASDAQ: ABNB) hosts are bending or breaking Airbnb's rules and treating the platform as a marketing tool for...

Hospitality and restaurant entrepreneur and Landry's CEO Tilman Fertitta has a simple message to politicians: you get your full paycheck no matter what, and we don't even get 25%. 'Selfish Politicians': A disconnect exists between hospitality companies and local and state...

The hospitality, entertainment, and travel industries combine to put 330 million people to work and generate a global economic impact of $8.9 trillion. As economies slowly reopen around the world, a Las Vegas competition is looking for the most innovative ideas to "rapidly address" COVID-...

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...