Hotels, Resorts & Cruise Lines

Melco Resorts & Entertainment Ltd (NASDAQ: MLCO) has entered into a strategic partnership with Marriott International Inc (NASDAQ: MAR) to bring the W Hotels Worldwide brand to Studio City Phase 2 in Macau. W Macau - Studio City is scheduled to be open together with...

"Spider-Man: No Way Home," a film released in the middle of an omicron variant surge with a multitude of at-home viewing platforms in focus, just generated the third-best domestic opening weekend box office of all time, B. Riley analyst Eric Wold noted. "Those who are...

Pre-open movers U.S. stock futures traded higher in early pre-market trade after the Nasdaq index climbed around 125 points in the previous session. Investors are awaiting earnings results from Johnson & Johnson (NYSE: JNJ), Procter & Gamble Co (NYSE: PG), Netflix Inc (NASDAQ: NFLX) and...

Pre-open movers U.S. stock futures traded higher in early pre-market trade after the Dow Jones surged more than 500 points in the previous session. Investors are awaiting earnings results from Goldman Sachs Group (NYSE: GS), PNC Financial Services Group (NYSE: PNC), Charles Schwab (NYSE: SCHW...

Marriott International Inc (NASDAQ: MAR) has signed a franchise agreement with Hotéis Deville for the first Westin Hotels & Resorts in São Paulo, Brazil. The property, featuring 187 rooms, expects to welcome its first guests in the spring of 2024. The...

Marriott International Inc (NASDAQ: MAR) has signed an agreement with Progetto Majestic S.r.l. to bring the W Hotels Worldwide brand to the Tuscan city of Florence, Italy. The company expects the hotel to become functional in 2023. The hotel is expected to feature 120...

Marcus Corp (NYSE: MCS) reported second-quarter FY21 sales growth of 1066% year-on-year, to $92.55 million, beating the analyst consensus of $83.53 million. Operating loss narrowed 50.8% Y/Y to $(26.1) million. Total costs and expenses soared 94.5% Y/Y to $118.7 million. The company...

We started the week with risk-off sentiment and choppy markets. The choppiness could remain until the payrolls number comes out on Friday. But the mood seems to have shifted back toward risk, for now. Wednesday has started out pretty much flat to slightly higher after stock indices were able to...

Marriott International Inc (NASDAQ: MAR) reported second-quarter FY21 sales growth of 115.1% year-on-year, to $3.149 billion, missing the analyst consensus of $3.16 billion. Comparable systemwide constant dollar revenue per available room (RevPAR) increased 262.6% Y/Y worldwide, 274...

You can observe a lot by watching, according to baseball great Yogi Berra. Well, we’ve started to observe a little more caution creeping into the market.  It’s arguably there in bonds, where the 10-year yield continues to pivot around 1.6%, well off its March high and not getting...

If last week was all about jobs, this week is all about prices. Considering how much people worry about inflation these days, two key reports should give us a much better idea whether it’s actually a fact on the ground.  Wednesday brings the April consumer price index (CPI), which rose a...

This week’s big jobs report is now in the rearview mirror, and Wall Street may be eager to move on from it. The nonfarm payrolls report this morning showed the economy added just 266,000 jobs, far less than expected. And the unemployment rate rose to 6.1% from 6% last time around. A Briefing....

The stock market has been doing some soul searching lately, and that’s particularly reflected in the stock prices of ride-hailing companies Uber Technologies (NYSE: UBER) and Lyft (NASDAQ: LYFT). Investors seem to still be grappling with proper valuation between and among...