Lodging

Airbnb Inc (NASDAQ:ABNB) traded lower on Wednesday afternoon as a broad sell-off in technology shares pressured growth stocks across Wall Street. • Airbnb shares are sliding. Why are ABNB shares down? The Nasdaq-100 was down more than 1.5% by midday, its weakest session in nearly a month,...

Airbnb, Inc. (NASDAQ:ABNB) shares are staging a small rebound Monday. This comes following Friday's sell-off of almost 5%. There is a good chance the shares will reverse and rapidly move higher. This is why our team of trading experts has made it our Stock of the Day. As you can see on the...

Gaming and lodging stocks took a big hit on Friday following news of the new omicron variant of COVID-19. Despite that, Bank of America analyst Shaun Kelley said Monday there are plenty of gaming and lodging stocks to buy on the dip heading into 2022. Gaming Picks: In the casino space, Kelley...

The delta variant of COVID-19 has delayed the anticipated return to in-office work and business travel, and one analyst said Monday that lodging stocks may continue to underperform. The Analyst: Bank of America analyst Shaun Kelley has downgraded Hyatt Hotels Corporation (NYSE: H) from Neutral to...

Recent industrywide consolidation in the lodging sector leaves multiple stocks trading at an "unfavorable" risk-reward profile, according to Goldman Sachs. The Analyst Goldman Sachs' Stephen Grambling downgraded Host Hotels and Resorts Inc (NYSE: HST) from Neutral to Sell with an...

The lodging industry has seen multiple M&A and strategic optionality deals over the past year and investors are likely undervaluing Extended Stay America Inc (NYSE: STAY)'s ability to create value, according to Morgan Stanley. The Analyst Morgan Stanley's Thomas Allen upgraded...

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...

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...

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...

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...

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 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...

Airbnb and HomeAway, Inc. (NASDAQ: AWAY) are two names that are said to be "disrupting" the traditional hotel business. Thomas Allen of Morgan Stanley argued in a note on Tuesday that the impact these companies have on the hotel business "appears negligible." Allen recommended owning hotel and...

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....