Hotels, Resorts & Cruise Lines

Welcome to the most important week of trading in 2024! If you think this is an overstatement, I challenge you to find a better one. The General Election is on Tuesday, and whether we see the results of who will occupy the White House by Wednesday morning or not, we will have chosen a route at the...

Mattel, Inc. (NASDAQ: MAT) is scheduled to report third-quarter 2024 results on Oct. 23, 2024, after the closing bell. In the last reported quarter, the company's earnings surpassed the Zacks Consensus Estimate by 18.8%. Trend In Estimate Revision For the quarter to be reported, the Zacks...

Morgan Stanley analyst Jamie Rollo conducted an online survey of 135 corporate travel managers responsible for about $8 billion in travel spend with a global spread of operations, and shared the findings. The survey, which is Morgan Stanley’s 21st annual Global Hotel Corporate Travel...

Marriott International Inc (NASDAQ: MAR) reported Q3 FY23 sales growth of 12% Y/Y to $5.93 billion, beating the analyst consensus of $5.89 billion. Comparable systemwide constant dollar RevPAR increased 8.8% Y/Y worldwide, 4.3% Y/Y in the U.S. & Canada, and 21.8% Y/Y in...

(Thursday market open) The World Series is over, but Wall Street remains in the thick of this week’s triple play of a Fed meeting, Apple (NASDAQ: AAPL) earnings and Friday’s October jobs report. So far, stocks are building up a lead as worries lessen about future...

In a landscape riddled with economic uncertainties that don’t seem to be eased by the Federal Reserve’s aggressive monetary policy, inflation is sending shockwaves across industries, demanding adaptive business models. Various industries are grappling with the rippling effects of these...

Morgan Stanley analyst Stephen W Grambling reiterated an Overweight rating on the shares of Marriott International Inc (NASDAQ: MAR) with a price target of $225. At the investor's day, MAR's management noted that the strong near-term demand trends position them to...

Morgan Stanley analyst Stephen W Grambling has reiterated an Overweight rating on the shares of Marriott International Inc (NASDAQ: MAR) with a price target of $225. MAR is set to host its first investor day in over four years on September 27 in Miami. During prior analyst days...

Rosenblatt raised the price target for Pinterest, Inc. (NYSE: PINS) from $27 to $35. Rosenblatt analyst Barton Crockett upgraded the stock from Neutral to Buy. Pinterest shares fell 3.4% to $27.97 in pre-market trading. Goldman Sachs raised Uber Technologies, Inc. (NYSE: UBER) price target...

Marriott International Inc (NASDAQ: MAR) reported second-quarter FY23 sales growth of 14% year-on-year to $6.08 billion, beating the analyst consensus of $6.05 billion. Comparable systemwide constant dollar RevPAR increased 13.5% worldwide, 6% in the U.S. & Canada, and 39.1% in...

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price...

Marriott International Inc (NASDAQ: MAR) penned a deal with Hiap Hoe Limited to launch the Aloft Hotels brand in Singapore.  The company is expected to open its first Aloft property in the country in Q3 2023. The 785-room debut Aloft Singapore Novena hotel will be the largest Aloft...

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...

Under Armour (NYSE: UA) shares are declining by 8.6% in Tuesday's trading session; the negative sentiment comes amid the company's first quarter 2023 earnings results. Despite new CEO Stephanie Linnartz achieving expense reductions across the SG&A (Selling, General, and Administrative)...

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)...