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Lodging M&A Isn't Over: How InterContinental Hotels Fits Into The Puzzle
Tuesday, September 22, 2015 - 12:43pm | 441Read More...Recent reports of InterContinental Hotels Group PLC (ADR) (NYSE: IHG)'s potential buyout of Fairmont Hotels confirms MKM Partners' belief that the hotel industry is positioned for further consolidation. MKM believes that InterContinental’s fee business is underappreciated....
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Don't Forget About Travel And Leisure Stocks, Investors
Wednesday, August 26, 2015 - 1:50pm | 496Read More...MKM Partners analyst Christopher Agnew argued in a note on Wednesday that travel and leisure related stocks have sold off with the general market on macro concerns. The analyst argued that the move may not be fully justified and picked out four names whose fundamentals should be "much less"...
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Why MKM Just Upgraded Marriott Vacations (Hint: The Market Overreacted)
Friday, July 24, 2015 - 11:19am | 226Read More...In a report published Friday, MKM Partners analyst Christopher Agnew upgraded the rating on Marriott Vacations Worldwide Corp (NYSE: VAC) from Neutral to Buy, while raising the price target from $97 to $100. The analyst believes that the market has overreacted to the company's robust earnings and...
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You Can Now Book A Hotel On The Apple Watch
Monday, April 20, 2015 - 2:33pm | 267Read More...Booking.com, one of the largest online accommodation sites announced on Monday the launch of the Booking Now app for Apple Inc. (NASDAQ: AAPL)'s Apple Watch. Booking.com has a vast selection of over 625,000 properties in more than 75,000 unique destinations and is part of the Priceline Group Inc (...
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Macquarie Is Tracking The Ongoing Expansion Of Yelp's Platform
Friday, April 10, 2015 - 12:53pm | 342Read More...In a report published Friday, Macquarie Capital analyst Tom White detailed an analysis of Yelp Inc (NYSE: YELP)'s listings of local businesses in categories where the company launched its "Platform" transaction/eCommerce initiative. Here are his findings: Restaurants:...
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Nomura Comments On 'Encouraging Conversation' With Starwood's Management
Wednesday, February 18, 2015 - 10:59am | 129Read More...In a report published Wednesday, Nomura analyst Harry C. Curtis commented on Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) management changes which saw the resignation of CEO Frits D. van Paasschen and the appointment of Adam Aron as an interim replacement. Curtis noted that he held an "...
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Citigroup Sees Marriott International Benefiting From U.S. Growth, Hikes Price Target
Monday, December 15, 2014 - 11:17am | 144Read More...Michael Bilerman of Citigroup on Monday maintained a Buy rating on Marriott International Inc (NASDAQ: MAR) with a price target raised to $88 from a previous $76. As U.S. growth in the hotel space will outpace international markets. Marriott International will benefit from a 4 percent to 6...
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The Big Problem With Oil No One Is Talking About
Friday, December 12, 2014 - 2:21pm | 436Read More...TD Ameritrade Chief Strategist JJ Kinahan says there is one big problem with oil at its current prices that no one is talking about. The Positives In the short-term, Kinahan told Benzinga it’s really about the consumer with oil prices. That means consumers will see airlines doing well...
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UPDATE: Credit Suisse Assumes Coverage Of TripAdvisor
Monday, November 24, 2014 - 11:10am | 158Read More...Stephen Ju of Credit Suisse assumed coverage of TripAdvisor Inc (NASDAQ: TRIP) on Monday (due to the departure of the primary analyst) with an unchanged Outperform rating and $105 price target. “Our thesis remains unchanged as the fruits of TripAdvisor's work to execute a transformation (Meta) to...
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Major Data Breach Reported At Several Hotel Chains
Monday, February 3, 2014 - 2:48pm | 542Read More...There's word of another major corporate security breach – this one involving several high-profile hotel chains. According to Brian Krebs, an independent computer security reseacher and former Washington Post reporter, a company that maintains hotel franchises in several national brands –...
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Hotel Corporations Vie for Luxury Market in China
Wednesday, December 4, 2013 - 1:28pm | 723Read More...China's rise as an economic power has also meant a rising need for better hotels to accommodate both foreign and domestic business travelers and tourists. And, many major hotel corporations have been working hard to fill that void. The InterContinental Hotels Group (NYSE: IHG) has announced “...
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How Agilysys is Ready, After a Series of Acquisitions and Dispositions
Thursday, November 21, 2013 - 5:34pm | 582Read More...Insiders have bought tens of thousands of shares of Agilysys (NASDAQ: AGYS) this year, deeming further research worthy. Agilysys’ core business is developing software to streamline procedures and boost guest experiences in the hospitality and retail industries. The company also generates...
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Make Yourself Comfortable
Wednesday, August 31, 2011 - 1:01am | 512Read More...Remember that little financial crisis a few years back? Maybe you missed it, but if you noticed, and you pay attention to commercial real estate, then you know that it had a profound effect on the hotel industry. Well, maybe not profound, but definitely an effect! Companies stopped spending as...
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Executive Interview: Doug McBrearty - Gulph Creek Development
Tuesday, June 22, 2010 - 6:00am | 2421Read More...Doug McBrearty Gulph Creek Development Doug McBrearty attended Penn State and graduated in 1973. He was a hotel major. After he graduated he went to work for the Sheraton. After which he worked for Bill Rouse. He headed up acquisitions for GF management. After which he started...
