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What United Airlines Earnings Will Tell Us About Summer Travel Chaos
Wednesday, July 20, 2022 - 2:09pm | 889Read More...Strong demand for flights coupled with a reduction in the number of flights will be a key storyline when United Airlines Holdings (NASDAQ: UAL) reports quarterly earnings after market close Wednesday. Could the recent earnings report from Delta Airlines, Inc. (NYSE: DAL) foreshadow what’s to...
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Airbnb Q1 Earnings Highlights: Revenue And EPS Beat, Record Bookings, Strong Demand Moving Forward
Tuesday, May 3, 2022 - 4:47pm | 529Read More...Travel and vacation rental company Airbnb Inc (NASDAQ: ABNB) reported first quarter financial results after market close Tuesday. Here are the key highlights for investors. What Happened: Airbnb reported first quarter revenue of $1.5 billion, up 70% year-over-year. The total beat a Street estimate...
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Why Inspirato Shares Are Moving Higher After Hours
Thursday, March 10, 2022 - 5:34pm | 230Read More...Luxury travel subscription company Inspirato Inc (NASDAQ: ISPO) reported fourth quarter and full fiscal year earnings after market close Thursday. Here are the highlights. What Happened: Inspirato, which went public via SPAC merger, reported record active subscribers, pass subscribers, annual...
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EXCLUSIVE: How Selina Is Disrupting The Hospitality Industry, Targeting Millennials + Gen Z And Growing With SPAC Deal
Sunday, December 5, 2021 - 11:07am | 772Read More...A new brand that has transformed and disrupted the hotel industry called Selina announced a SPAC deal Thursday. Benzinga breaks down the SPAC deal and shares thoughts from the man behind the SPAC taking the company public. The SPAC Deal: Selina is going public via a SPAC merger with BOA Acquisition...
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American Express Global Business Travel Announces SPAC Deal, New Investors Include Zoom And Sabre
Friday, December 3, 2021 - 1:07pm | 712Read More...The largest business-to-business travel platform is going public via SPAC merger announced Friday morning. The SPAC Deal: American Express Global Business Travel (GBT) announced a SPAC deal with Apollo Global Management Inc (NYSE: APO)-backed SPAC Apollo Strategic Growth Capital (...
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HotelPlanner.com, Reservations.com Going Public Via SPAC: What Investors Should Know
Tuesday, August 10, 2021 - 6:27pm | 401Read More...A SPAC announced a merger Tuesday to bring several hospitality websites public. Here are the details of the merger and how the company could be a reopening play. The SPAC Deal: HotelPlanner and Reservations.com will merge with Astrea Acquisition Corp (NASDAQ: ASAX). The deal values the combined...
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HotelPlanner, Reservations.com To Merge And Go Public In SPAC Deal: WSJ
Tuesday, August 10, 2021 - 2:25am | 430Read More...Hotel-deal booking specialists HotelPlanner and Reservations.com are close to signing a merger deal and go public via Astrea Acquisition Corp (NASDAQ: ASAX), a special purpose acquisition company, The Wall Street Journal reported on Monday. What Happened: The deal estimated to be valued at $...
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Payrolling In: Employment Report Shows Solid Gains, But Initial Market Reaction Muted
Friday, August 6, 2021 - 10:17am | 2116Read More...Did Goldilocks find the right bed with the July Labor Department’s strong jobs report? Fed Chairman Powell has said in the past that the Fed will need to see solid jobs growth before it starts to taper. Although we won’t know what the Fed might be thinking, this month’s jobs...
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Travel Stocks, Including Airlines, Hit Hard By Covid Fears, But Some Tech Stocks Show Strength
Monday, July 19, 2021 - 4:56pm | 1941Read More...The market took a rough ride through the recent past Monday, crumbling under the weight of Covid as the virus quickly spread in the U.S. and across the world. The Delta variant raised questions about the strength of the recovery, and stocks that stood to benefit most from an economic revival—...
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Luxury Travel Subscription Company Inspirato Going Public With Growing Market And Pent-Up Demand
Wednesday, June 30, 2021 - 10:54am | 599Read More...Luxury travel subscription company Inspirato announced a SPAC deal Wednesday. The SPAC Deal: Inspirato is going public with Thayer Ventures Acquisition Corp (NASDAQ: TVAC) valuing the company at an enterprise value of $1.1 billion. The company will trade as ticker "ISPO" on the...
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5 ETFs To Watch In The Second Half Of 2021
Tuesday, June 29, 2021 - 6:47pm | 1101Read More...Investors could be looking for the hottest sectors to invest in for the second half of 2021. One way to play the hot sectors is to invest in ETFs, or exchange-traded funds, to get exposure to many stocks in one sector that could benefit. Here is a look at five ETFs that could have a strong second-...
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Airbnb To Benefit From Changes To Travel Forced By Pandemic — Needham Initiates Coverage With $210 Price Target
Tuesday, April 27, 2021 - 10:20am | 533Read More...Airbnb Inc (NASDAQ: ABNB) is positioned to capture more travel share as its powerful network effect spreads through word of mouth advertising, repeat bookings and bookers turning into hosts amid the pandemic roiled-demand, according to Needham. The Airbnb Analyst: Needham analyst Bernie Mcternan...
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Airbnb Beats The Street's Revenue Estimate In First Earnings Report
Thursday, February 25, 2021 - 5:57pm | 290Read More...The home rental company Airbnb reported its first earnings as a public company Thursday in the wake of a pandemic that has upended the travel industry. What Happened: Airbnb Inc (NASDAQ: ABNB), which went public in 2020, reported fourth-quarter and full fiscal 2020 earnings. The company...
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BofA Turns Bullish On Expedia Ahead Of Travel Recovery
Monday, January 4, 2021 - 5:14pm | 286Read More...E-commerce and online media companies benefited from multiple expansions throughout 2020 and online travel agency stocks should benefit from similar trends in 2021, according to BofA Securities. The Analyst: Justin Post upgraded Expedia from Neutral to Buy with a price target lifted from $132...
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Fed Surprise: 50 Basis Point Cut Does Little To Support Wobbly Markets
Tuesday, March 3, 2020 - 5:56pm | 1782Read More...The market’s a hungry beast and the Fed gave it something to eat, but it hasn’t been satiated yet. Stocks resumed their downhill slide Tuesday and 10-year yields dropped below 1% for the first time ever after the Fed surprised with an emergency 50-basis point easing. Stocks initially...
















