-
Expedia's Challenges May Worsen In 2018, Analyst Says
Thursday, December 7, 2017 - 12:06pm | 435Read More...Analysts at MKM Partners see "cyclical and structural uncertainties" for the entire online travel agency group, with many of these woes specific to the U.S. market, which would prove to be a greater headwind for companies with outsized exposure to the domestic market — such as...
-
Here's What Airbnb Said In A Letter To Marriott's CEO
Monday, November 27, 2017 - 12:35pm | 398Read More...One of the key components to Airbnb's long-term success is being able to compete in an open and fair environment against major hotel chains. But now an ongoing feud with one of the largest hotel chains, Marriott International Inc (NASDAQ: MAR), shows the extent to which the competitive...
-
RLJ Lodging Stock Valuation May Be Too Attractive To Ignore
Friday, September 8, 2017 - 11:08am | 392Read More...After a 16 percent-decline since the start of 2017, analysts at Canaccord Genuity are now convinced that RLJ Lodging Trust (NYSE: RLJ) is a compelling stock to own. The firm's Ryan Meliker upgrades RLJ Lodging's stock from Hold to Buy with a price target boosted from $21 to $23. RLJ Lodging, a self...
-
Trivago's Tribulations Not Likely Negative For Priceline, Expedia
Thursday, September 7, 2017 - 12:22pm | 398Read More...Shares of Trivago NV - ADR (NASDAQ: TRVG) were hard hit Wednesday after the European-based hotel search company issued a guidance warning. The company cautioned investors that its revenue growth rate for 2017 will be 40 percent year over year, which marks a deceleration from the prior guidance of...
-
Expedia Still A Favorable Risk/Reward After Q2 Beat
Friday, July 28, 2017 - 12:09pm | 415Read More...Shares of Expedia Inc (NASDAQ: EXPE) hit a new all-time high on Friday in reaction to its second-quarter results and are up by more than 40 percent since the start of 2017. Yet UBS's Eric Sheridan maintains a Buy rating on Expedia's stock with a price target boosted from $155 to $178....
-
Morgan Stanley Bullish On Lodging, Checks In To La Quinta With An Overweight Rating
Thursday, June 15, 2017 - 11:43am | 374Read More...Analysts at Morgan Stanley turned incrementally bullish on hotel chain La Quinta Holdings Inc (NYSE: LQ) given expectations for a stronger economy, which will have a positive impact on lodging demand. Morgan Stanley's Thomas Allen upgraded La Quinta's stock rating from Equal Weight to Overweight...
-
Priceline Slapped With A $2,000 Price Target
Thursday, April 13, 2017 - 10:45am | 403Read More...Jed Kelly of Oppenheimer reiterated an Outperform rating on Priceline Group Inc (NASDAQ: PCLN)'s stock with a price target boosted from $1,860 to $2,000 based on the belief that a 20 percent-plus room-night growth rate is achievable over the medium term. Kelly expects Priceline's 2017 room-nights...
-
Hyatt CEO: We Are Looking Beyond Hotels In 2017
Thursday, January 19, 2017 - 10:23am | 420Read More...The rise in popularity of alternative accommodations has the major players in the hospitality industry taking notice. Consumers are becoming increasingly interested in bespoke accommodations that offer authentic, local experiences generally unavailable at the properties of the biggest hotel...
-
5 Catalysts That Could Drive MGM Shares To $34
Tuesday, November 8, 2016 - 4:51pm | 304Read More...Shares of MGM Resorts International (NYSE: MGM) hit a new 52-week high of $28.30 on Tuesday, but analysts at Macquarie Research believe the stock could rise as high as $34. Chad Beynon of Macquarie maintains an Outperform rating and $34 price target on MGM's stock following the company's...
-
A How-To Guide To Holiday Travel: Hotel Edition
Monday, November 7, 2016 - 2:54pm | 733Read More...Traveling can be a stressful experience, but it doesn't have to be. One of the most common concerns among travelers is accommodation - finding a hotel that falls into a budget and is in a convenient location. The online hotel booking market has seen a shift over the past few years in which...
-
Hospitality Sector Under Pressure Following Q3 Sales Miss From Hilton
Wednesday, October 26, 2016 - 3:23pm | 497Read More...Shares from the hospitality sector came under pressure Wednesday after Hilton Worldwide Holdings Inc (NYSE: HLT) provided a downbeat earnings forecast for the fourth quarter following a sales miss in the third quarter. Two other companies have also offered downbeat outlooks. On back of the...
-
Extended Stay Shares Remain Undervalued, Says Barclays
Wednesday, September 28, 2016 - 3:52pm | 315Read More...Following a series of investor meetings, Barclays expressed that they still believe shares of Extended Stay America Inc (NYSE: STAY) to be undervalued when factoring in operations and an opportunity for real estate monetization. The firm maintains its Overweight stock rating and price target of $19...
-
Goldman Sachs Checks Out Of La Quinta Holdings
Monday, September 26, 2016 - 1:10pm | 291Read More...La Quinta Holding Inc (NYSE: LQ) shares are trading lower by $0.46 at $10.85 in Monday's session. Although Goldman Sachs initiated coverage in the lodging sector with a Buy rating on Marriott International Inc (NASDAQ: MAR) with a 12-month price target of $81, the firm has initiated coverage of La...
-
Morgan Stanley On Hotel, Leisure Sector: 2 Upgrades, 3 Downgrades
Monday, September 26, 2016 - 10:13am | 506Read More...Morgan Stanley picked Marriott International Inc (NASDAQ: MAR) among the lodging stocks to upgrade to an Overweight rating citing that its C-Corps have robust growth on unit-wise despite estimating lower RevPAR. Although the brokerage upgraded Choice Hotels International Inc (NYSE: CHH), the firm...
-
Here's What Will Happen To Starwood's Loyalty Points Post Marriott Merger
Friday, September 23, 2016 - 10:18am | 369Read More...Investors have had plenty of time to digest Marriott International Inc (NYSE: MAR)'s multi-billion dollar acquisition of Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT), which was officially closed on Friday. However, some customers of the two hotel chains may have been left in the dark as...
















