Hyatt (H), which is expected to report its 3Q17 results on November 2, is the only major hotel stock to fall in October. Hyatt stock has fallen 0.74% month-to-date.
Marriott (MAR) is expected to report its 1Q17 earnings on May 8, 2017. Analysts expect Marriott’s 1Q17 revenues to grow 40.1% year-over-year to $5.3 billion.
One of Trump’s highly criticized policies was a complete ban on Muslims entering the United States. However, a complete ban on a race or religion is impossible to implement politically.
Marriott (MAR) stock has had a volatile year, which was expected with the acquisition of Starwood Hotels. MAR stock rose 6.2% in 1Q16, fell 6.6% in 2Q16, and rose 1.3% in 3Q16.
A bull run with legs In Richard Bernstein Advisors’ October Insights newsletter, after dismissing the belief that the Federal Reserve is to blame for stock price inflation (IWD) (VTV), Richard Bernstein moved on to explain the reason for the current bull run. Stating that “fundamentals have improved dramatically, and have been a major support to the […]
Wyndham has the highest return potential of 21% with a target price of $81. Marriott is next with a return potential of 18% and a target price of $79.15.
The Columbia European Equity Fund Class A (AXEAX) has fallen 6.6% year-to-date, emerging as a below-average performer in the group of 12 funds under review.
In this series, we will discuss why Starwood (HOT) decided to put itself up for sale, how a merger with Starwood would benefit either Marriott or Anbang, and who could probably win this takeover tussle.
Marriott has been able to expand its international business by both acquiring and creating brands that enable it to enter new markets and market segments.
The Bank of England’s MPC voted to hold interest rates at 0.5%, which strengthened the pound sterling against the euro and dollar. The EWU rose by 0.89%.
IHG has been involved in asset disposals, and using the proceeds for dividends and buybacks—for the first half of 2014, IHG said it completed a $500 million share buyback program, and in July it paid out $750 million in special dividends.
The company said on its website that its “business model is focused on franchising and managing hotels, rather than owning them, enabling us to grow at an accelerated pace with limited capital investment—we call this ‘asset light.’
InterContinental Hotels Group, which is incorporated in Great Britain, franchises, leases, manages, or owns over 4,700 hotels and 688,000 guest rooms in nearly 100 countries and territories, with more than 1,100 hotels in its development pipeline.
