Hotels, Resorts & Cruise Lines

Carey Watermark Investors Incorporated (CWI), The Arden Group, Inc. and Marcus(R) Hotels & Resorts, a division of The Marcus Corporation (NYSE: MCS), today announced they have acquired the Westin Atlanta Perimeter North in a joint venture. The 372-room hotel includes 20,000 square feet of...

Marriott International (NYSE: MAR) posted a profit in the third quarter. Marriott now expects full-year earnings of $1.68 to $1.72 per share, versus its earlier forecast of $1.65 to $1.75 per share. It projects Q4 earnings of $0.52 to $0.56 per share, versus analysts' estimates of $0.57 per share...

Below are the top lodging stocks on the NYSE in terms of earnings estimate for the next year. 7 Days Group Holdings Limited (NYSE: SVN) is likely to earn $5.08 per share in the next year ending December, 2013. 7 Days Group's trailing-twelve-month revenue is $359.09 million. Wyndham Worldwide (...

Gaylord Entertainment Company today completed the sale of the Gaylord Hotels brand and the rights to manage its four hotels to Marriott International, Inc. (NYSE: MAR) for $210 million. In addition to assuming the management responsibilities for Gaylord's four hotels, Marriott also assumed the...

JP Morgan has published a research report on Marriott International (NYSE: MAR) and has downgraded the company from Overweight to Neutral based on valuation. In the report, JP Morgan wrote, "We are lowering our rating on MAR to Neutral from Overweight, primarily on valuation as the share price has...

Gaylord Entertainment (NYSE: GET) today announced that it plans to transfer the management of several of its attractions assets to Marriott International, (NYSE: MAR). This transaction follows Gaylord's previous announcement that it is selling the Gaylord Hotels brand and the rights to manage its...

Marcus® Hotels & Resorts, a division of The Marcus Corporation (NYSE: MCS) and its affiliate, MCS Capital LLC, today announced an agreement, subject to the satisfaction of certain standard and customary conditions to closing, to purchase the Cornhusker Hotel and Office Plaza in Lincoln, Neb....

Below are the top lodging stocks in terms of operating margin. The trailing-twelve-month operating margin at Intercontinental Hotels Group plc (NYSE: IHG) is 31.46%. Intercontinental Hotels' revenue for the same period is $1.80 billion. The trailing-twelve-month operating margin at Choice Hotels...

Below are the top resorts & casinos stocks on the NYSE in terms of PEG ratio. Marriott Vacations Worldwide (NYSE: VAC) has a PEG ratio of 0.41. Marriott Vacations' trailing-twelve-month revenue is $1.28 billion. Pinnacle Entertainment (NYSE: PNK) has a PEG ratio of 0.56. Pinnacle...

The Marcus Corporation (NYSE: MCS) today announced that its Board of Directors has authorized the repurchase of up to 2,000,000 additional shares of the company's outstanding common stock. The repurchases would be executed in the open market, in privately negotiated transactions or pursuant to a...

US stock futures are lower this morning, after the release of the FOMC minutes. Futures for the Dow Jones Industrial Average dipped 63 points to 12,473.00 and S&P 500 index futures fell 7.50 points to 1,328.80. Nasdaq 100 futures declined 11.25 points to 2,550.25. US stocks closed lower on...