What's your position on ?
Why are you ish?
You voted ish on Vote again
Posts appear on the My Feed page of subscribers to this ticker
Thu, Jan. 14, 3:58 PM
- Select hotel stocks are sitting out the market rally due to a swipe from MKM Partners at the sector.
- MKM ratings moves: Hyatt (H -2.9%) to Sell from Neutral, Morgans Hotel Group (MHGC -12.1%) to Sell from Buy, InterContinental Hotels Group (IHG -3.3%) PT to $66 from $90, Choice Hotels (CHH -1%) to Sell from Neutral.
Nov. 24, 2015, 1:49 PM
- A global travel warning issued by the U.S. Department is impacting several sectors. Hotel stocks are notably weaker, while amusement park stocks are also trailing broad market averages. Airlines are feeling a double whammy from travel demand concerns and a 3% rise in crude oil futures.
- In some cases the sell-off appears to be an overreaction with little evidence in that travel habits will change dramatically, according to some analysts.
- Decliners include Hyatt Hotels (H -1.5%), Hilton Worldwide (HLT -1.1%), Marriott International (MAR -1.8%), JetBlue (JBLU -1.7%), Delta Air Lines (DAL -3.3%), American Airlines Group (AAL -2.4%), United Continental (UAL -3.2%), Allegiant Travel (ALGT -5.3%), Spirit Airlines (SAVE -4.1%), Southwest Airlines (LUV -2.7%), Six Flags (SIX -1.0%), Cedar Fair (FUN -1.0%), Disney (DIS -0.9%), and Sabre (SABR -3.9%), Virgin Amerinca (VA -2.5%), Alaska Air Group (ALK -1.5%).
- Previously: PCLN, EXPE, TRIP sell off after State Department issues travel warning (Nov. 24)
Oct. 28, 2015, 9:54 AM
- Starwood Hotels & Resorts (NYSE:HOT) is up another 6.7% today to follow up on yesterday's late pop inspired by a WSJ report on Chinese interest in U.S. hotel chains.
- CNBC is reporting that Hyatt Hotels (H +3.1%) is in advanced talks to purchase Starwood in a cash and stock deal. Hyatt is believed to be more than a step ahead of the Chinese players.
- A deal could be announced within the next few weeks.
- CNBC video report
- Previously: Hotel stocks higher after Chinese firms express interest in Starwood (Oct. 27 2015)
Oct. 27, 2015, 2:48 PM
- Starwood Hotels and Resorts (HOT +9%) pops after The Wall Street Journal reports some Chinese firms are seeking approval to make a bid on the hotel operator.
- Shanghai Jin Jiang International Hotels (OTC:SJJIY) and HNA Group, and China Investment Corp. are believed to be the pursuers.
- A bulk of the hotel sector is moving off the news of Chinese interest and some strong earnings reports earlier.
- Gainers: Hyatt Hotels (H +1.2%), Wyndham Worldwide (WYN +5.7%), Hilton Worldwide (HLT +1.2%), Marriott International (MAR +1.7%).
Apr. 29, 2015, 10:14 AM
- It's a festive day for the lodging sector after Hilton Worldwide (HLT +3.7%) beats with its Q1 report and Starwood Hotels & Resorts (HOT +7.5%) announces it will explore strategic options.
- Hilton's 6.9% increase in RevPAR stood out and helped the company boost its EBITDA margin, while Starwood's announcement has pushed shares to new all-time highs.
- Intercontinental Hotels Group (IHG +2.7%), Wyndham Worldwide (WYN +1.4%), Marriott International (MAR +2.3%), Hyatt (H +1.9%), Extended Stay America (STAY +1.3%), and Choice Hotels International (CHH +0.9%) are all higher in early action.
- Previously: Starwood Hotels & Resorts to explore all strategic options
- Previously: Hilton Worldwide EPS in-line, beats on revenue
- Previously: More on Hilton Worldwide's Q1
Mar. 26, 2015, 2:29 PM
- Hotel stocks are out ahead of market averages as sentiment stays positive on the sector
- Traders some to be piggybacking off each other without any major news out.
- Companies active in timeshares are well-represented on the list of gainers.
- Starwood Hotels & Resorts Worldwide (HOT +4.9%) reached an all-time high of $86.76 on huge volume.
- Also putting in gains are Hyatt Hotels (H +2.9%), Hilton Worldwide (HLT +1.6%), Morgans Hotel Group (MHGC +1%), Interval Leisure Group (IILG +2%), and Wyndham Worldwide (WYN +1.4%).
Mar. 19, 2015, 5:37 PM
Feb. 18, 2015, 8:02 AM
- Hyatt Hotels (NYSE:H) reports REVPAR increased 1.9% (3.4% ex-currency) at comparable owned and leased hotels in Q4.
- The comp gain in the U.S. was 5.8% for full service hotels and 7.2% for select service hotels.
- Segment revenue growth: Owned/leased -1.1% to $551M, Americas -9.1% to $80M, EAMA/SE Asia +120% to $22M.
- Average daily revenue +0.7% to $222.90.
- Occupancy +90 bps to 73.5%.
- Total room count +1.9% Q/Q and +5.3% Y/Y to 155,265.
- Previously: Hyatt Hotels beats by $0.09, misses on revenue
- H +2.64% premarket.
Feb. 10, 2015, 10:11 AM
- Strong earnings reports from Starwood Hotels & Resorts (HOT +6.4%) and Wyndham Worldwide (WYN +7.1%) have given a boost to the lodging sector.
- The group is showing improved efficiency as demand and pricing stays ahead of the rate of capacity growth.
- Gainers: Hyatt Hotels (NYSE:H) +3.8%, Marriott International (NASDAQ:MAR) +3.6%, Intercontinental Hotels (NYSE:IHG) +2.7%, Choice Hotels International (NYSE:CHH) +2.1%, Hilton Worldwide (NYSE:HLT) +1.4%, Extended Stay America (NYSE:STAY) +1.2%, Morgans Hotel Group (NASDAQ:MHGC) +1.2%.
- Associated with the sector, Priceline (PCLN +1.8%) and Orbitz Worldwide (OWW +3.1%) are also trading above market averages.
Oct. 13, 2014, 3:46 PM
- Hotel stocks suffer more selling pressure as Ebola fears continue to be a factor.
- Decliners: Marriott International (NASDAQ:MAR) -2.3%, Hilton Worldwide (NYSE:HLT) -2.2%, InterContinental (NYSE:IHG) -2.0%, Extended Stay America (NYSE:STAY) -2.6%, Hyatt Hotels (NYSE:H) -1.6%, Starwood Hotels & Resorts Worldwide (NYSE:HOT) -3.6%, Choice Hotels International (NYSE:CHH) -1.9%.
Oct. 1, 2014, 1:41 PM
- Concerns about the Ebola case in Dallas have contributed to a downward swing in hotel stocks
- The group has been one of the harder hit sectors on the day.
- Decliners: Starwood Hotels (NYSE:HOT) -3.8%, Hyatt Hotels (NYSE:H) -3.1%, Hilton Worldwide (NYSE:HLT) -1.4%, Diamond Resorts (NYSE:DRII) -3.0%, InterContinental Hotels Group (NYSE:IHG) -2.6%, Wyndham Worldwide (NYSE:WYN) -3.3%, La Quinta (NYSE:LQ) -1.7%, Marriott International (NASDAQ:MAR) -3.5%, Red Lion Hotels (NYSE:RLH) -2.3%, Choice Hotels International (NYSE:CHH) -2.3%.
- Previous coverage on Ebola impact
Apr. 30, 2014, 5:40 PM
Sep. 12, 2013, 12:07 PM
- There's nervous action in hotel stocks after Blackstone (BX -0.2%) files for an IPO of Hilton Worldwide, as the P-E giant is not in the habit of selling at bottoms (though it has been known to buy at tops: Hilton was purchased for $26B in 2007).
- Given 2012 EBITDA of about $2B, MLV's Ryan Meliker estimates Hilton will have an enterprise value of $26B-$27B, making it the largest hotel chain in the world based on market cap.
- Two other Blackstone-backed companies - SeaWorld (SEAS) and Pinnacle Foods (PF) - are holding their own since IPOs earlier this year.
- Marriott (MAR -1%), Hyatt (H -1.7%), Starwood (HOT -0.7%). Strategic (BEE -1.1%).
May 3, 2013, 6:18 PM
Aug. 1, 2012, 9:26 AM
Jan. 10, 2012, 11:02 AM
Hyatt Hotels Corp develops, owns, operates, manages, franchises and provides services to a portfolio of properties, consisting of full service hotels, select service hotels, resorts and other properties, including timeshare properties.
Other News & PR