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Airbnb, Norwegian Cruise See Analyst Upgrades: Are Travel And Leisure Stocks The New Value Heaven?
Tuesday, May 28, 2024 - 1:17pm | 1068Shares in the travel and leisure industry are increasingly catching the eye of value investors, presenting discounted valuations alongside promising growth prospects for the upcoming tourist season. Since the start of the current bull-market rally, major industry exchange-traded funds (ETFs)...
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Rising Interest Rates Are Killing Profits For Hotels and Airbnbs But This AI-Powered Solution Streamlines Operations So Businesses Can Beat The Downturn
Monday, August 7, 2023 - 4:22pm | 628The hospitality market has undergone massive changes over the past decade, ranging from the growth of platforms like VRBO to the need for enhanced safety protocols because of the COVID pandemic. Jurny — a hardware solutions and software as a service (SaaS) platform for short-term rental...
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Goldman Sachs On Lodging Stocks: What To Sell, What To Buy
Monday, June 11, 2018 - 4:07pm | 648Recent industrywide consolidation in the lodging sector leaves multiple stocks trading at an "unfavorable" risk-reward profile, according to Goldman Sachs. The Analyst Goldman Sachs' Stephen Grambling downgraded Host Hotels and Resorts Inc (NYSE: HST) from Neutral to Sell with an...
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Credit Suisse On The Timeshare Sector: What's Not To Like?
Friday, May 18, 2018 - 2:45pm | 568Investors 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...
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Amazon Should Compete With Booking And Expedia, Morgan Stanley Says
Friday, March 9, 2018 - 10:29am | 580Amazon.com, Inc. (NASDAQ: AMZN) dabbled in the online travel space through Local and Destinations but hasn't seen much success — but now the industry is prime for disruption, according to Morgan Stanley. The Analyst Morgan Stanley's Brian Nowak maintains an Overweight rating on...
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Marriott CEO Outlines Company's 2019 Objectives
Tuesday, March 21, 2017 - 5:05pm | 320Hotel and lodging giant Marriott International Inc (NASDAQ: MAR) unveiled on Tuesday its near-term growth plan, which implies an average of one new hotel opening somewhere in the world every 14 hours through 2019, or a total of 285,000 to 300,000 new rooms. The company also introduced 2019...
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Hotel Chains Versus Online Travel Agencies: Marriott Thinks It Can Win
Thursday, September 22, 2016 - 8:39am | 528Conventional wisdom would dictate that hotel chains such as Marriott International Inc (NASDAQ: MAR) have a strong relationship with online travel agencies including Priceline Group Inc (NASDAQ: PCLN) and Expedia Inc (NASDAQ: EXPE). However, this is not the case at all, at least according to a...
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Credit Suisse Raises TripAdvisor PT, Notes Hotel Shopper/Demand Growth Continues To 'Shine'
Thursday, May 7, 2015 - 10:33am | 240In a report published Thursday, Credit Suisse analyst Stephen Ju commented on Tripadvisor Inc (NASDAQ: TRIP)'s first quarter results in which the company's reported revenue of $363.0 million exceeded his $356.1 million estimate, demonstrating strong growth. Ju noted that the "highlight" of...
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Settle into These Hotel Stocks, as We Head into 2014
Thursday, November 7, 2013 - 4:30pm | 589The travel industry in general has seen tremendous growth over the past few years in virtually all sectors. It's also expected to continue that growth in 2014. Pricing and occupancy numbers for hotels went up almost four percent in 2012 and have risen nearly 4.5 percent so far this year. This...