hotels

Booking Holdings Inc. (NASDAQ:BKNG) released its first-quarter results after Tuesday's closing bell. Here's a look at the key figures from the quarter. The Details: Booking Holdings reported quarterly earnings of $24.81 per share, which beat the analyst consensus estimate of $...

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...

H World Group Limited (NASDAQ:HTHT) shares are trading lower on Tuesday after the company reported worse-than-expected third-quarter results. Adjusted earnings per ADS of 61 cents, missing the analyst consensus of 69 cents. Quarterly sales of $918 million missed the...

Marriott International Inc (NASDAQ:MAR) has agreed to pay a $52 million settlement following a series of data breaches that exposed sensitive information of millions of customers. The settlement, which involves the Federal Trade Commission (FTC) and attorneys general from 49 states, addresses...

Shares of Marriott International Inc (NASDAQ:MAR), Hilton Hotels Corporation (NYSE:HLT), and Hyatt Hotels Corporation (NYSE:H) are trading lower Wednesday. About 13,500 unionized hotel workers in four U.S. cities are preparing for strike authorization votes next month as contract negotiations with...

One of the things that adds to both the joy as well as the cost of travel is hotel stays. Staying at a great hotel not only makes your travel enjoyable, it can also elevate your overall experience. However, often, a great hotel experience comes at a steep cost. But following these top tips can help...

Key Takeaways: Delonix announced a new tie-up with Marriott to bring the U.S. hotel giant’s young Tribute Portfolio brand of independent, boutique-style hotels to China The move could signal Delonix may attempt to re-list its shares in either New York or Hong Kong, capitalizing on a strong...

China’s overseas travel has never significantly recovered since the COVID-19 pandemic. Although the country lifted all pandemic measures over a year ago, foreign tourism remained substantially lower than pre-pandemic levels. Data from aviation analytics firm Cirium, reported by Bloomberg,...

Key Takeaways: Regal Hotels and its sister property company Cosmopolitan International have signed a memorandum of cooperation with Saudi Arabia to develop hotels in the Middle East The partnership envisages an investment of up to $5 billion to build 50 hotels in the...

The company's Q2 earnings surpassed analyst predictions, with earnings per share of $2.26 and a quarterly revenue of $6.1 billion. Since Q3 of June 2020, Marriott has consistently exceeded market expectations, and its stock price surged by 142% over the past year. Reflecting on its history,...

In a true "mop to riches" story, Lee Su-jin, the founder of Korea-based hotel booking app Yanolja, rose from humble beginnings as a motel janitor to become a billionaire.  Lee's journey began in the early 2000s when he took on the role of a janitor at a small motel in Seoul, South Korea. Born...

Marriott International, Inc. (NASDAQ: MAR) recently announced a 30% hike in its quarterly dividend payout which reflects its intention to utilize free cash to boost shareholders' returns. MAR raised the quarterly dividend to 52 cents per share (or $2.08 annually) from the previous payout of 40...

Marriott International, Inc. (NASDAQ: MAR) has more than tripled from its March 2020 low. But thanks to a post-pandemic catalyst that's still developing,  it may not be too late to reserve shares of the high-end hotel operator. Business travel is back! In United Airlines (NASDAQ: UAL)...

Some predict that hotels will have a heightened desire for investors in 2023, but they’ve got some work to do to bring their properties back to life following the pandemic.  Hotels have been a much sought-after investment property for several years because of their adaptability in a U.S...