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Marriott

Balita

Reuters - 6 araw ang nakaraan

Expedia beats second-quarter profit estimates on sustained international travel demand

Expedia beats second-quarter profit estimates on sustained international travel demand Aug 8 (Reuters) - Online travel agency Expedia EXPE.O beat analysts' expectations on Thursday for second-quarter profit, helped by sustained demand for international travel, sending its shares up 7% after the bell. "The travel environment was healthy in the second quarter and like the last few quarters, we saw strong ongoing demand internationally relative to the US," CEO Ariane Gorin said during an investor c
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Reuters - 1 linggo ang nakaraan

Travel companies rein in their forecasts as US consumers cut spending

Travel companies rein in their forecasts as US consumers cut spending Lower-income earners delay vacations as savings dwindle, economic outlook uncertain Hilton, Marriott see minimal leisure travel growth; international revenue offsets U.S. demand for Hilton Airbnb and Booking Holdings report slowing U.S. growth, last-minute bookings increase By Doyinsola Oladipo NEW YORK, Aug 8 (Reuters) - Travel companies including Airbnb ABNB.O and Marriott International MAR.O are forecasting a slowdown in le
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Reuters - 2 linggo ang nakaraan

China's stuttering recovery darkens global corporate growth outlook

ANALYSIS-China's stuttering recovery darkens global corporate growth outlook By Medha Singh Aug 2 (Reuters) - Global burger chains to car manufacturers are increasingly feeling the pinch from a faltering recovery in the world's No. 2 economy , China, and are strapping in for a bumpy ride ahead. A protracted downturn in the property market and high levels of job insecurity have knocked the wind out of a fragile recovery in China, a global trading powerhouse, and the effects of its slowdown can be
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Reuters - 2 linggo ang nakaraan

Host Hotels & Resorts cuts full-year adjusted FFO forecast on normalizing leisure travel demand

Host Hotels & Resorts cuts full-year adjusted FFO forecast on normalizing leisure travel demand July 31 - Real estate investment trust Host Hotels & Resorts HST.O cut its forecast for 2024 adjusted funds from operations (FFO) on Wednesday, citing normalizing leisure travel demand and slower-than-expected recovery from the wildfires in Maui. Shares of the company were down nearly 5% in extended trading.
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Reuters - 2 linggo ang nakaraan

S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT S&P 500 .SPX Top Performers Percent Change Vistra Corp VST.N +15.3% Match Group Inc MTCH.OQ +13.7% Constellation Energy Corp CEG.OQ +12.2% NVIDIA Corp NVDA.OQ +11.9% Dayforce Inc DAY.N +11.8% Bottom Performers Percent Change Humana Inc HUM.N -11.3% Verisk Analytics Inc VRSK.OQ
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Reuters - 2 linggo ang nakaraan

U.S. STOCKS Kraft Heinz, Marriott, Mastercard

BUZZ-U.S. STOCKS ON THE MOVE-Kraft Heinz, Marriott, Mastercard Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq and the S&P 500 jumped around 2% on Wednesday, as investors hoped for hints from the Federal Reserve on the timing of rate cuts, a bullish forecast from AMD boosted chip stocks and Microsoft slipped after a higher spending forecast.
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Reuters - 2 linggo ang nakaraan

S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change Vistra Corp VST.N +14.9% Match Group Inc MTCH.OQ +12.2% NVIDIA Corp NVDA.OQ +11.7% Constellation Energy Corp CEG.OQ +11.2% Caesars Entertainment Inc CZR.OQ +10.5% Bottom Performers Percent Change Humana Inc HUM.N -9.1% Bunge Global SA
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Reuters - 2 linggo ang nakaraan

UK's IHG biggest FTSE 100 loser after rival Marriott cuts forecast

BUZZ-UK's IHG biggest FTSE 100 loser after rival Marriott cuts forecast ** Holiday Inn owner InterContinental Hotels' IHG.L shares down 3.4% at 7,802 pence ** Stock biggest loser on FTSE 100 index .FTSE ** Rival Marriott MAR.O lowers FY forecast for room revenue growth, citing weaker operating environment in China and expectations of softer demand
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Reuters - 2 linggo ang nakaraan

Marriott International Inc reports results for the quarter ended in June - Earnings Summary

Marriott International Inc reports results for the quarter ended in June - Earnings Summary Marriott International Inc MAR.OQ reported quarterly adjusted earnings of $2.50​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of $2.26. The mean expectation of twenty two analysts for the quarter was for earnings of $2.47 per share.
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Reuters - 2 linggo ang nakaraan

Marriott cuts 2024 sales view on soft domestic demand in China, North America

UPDATE 4-Marriott cuts 2024 sales view on soft domestic demand in China, North America Updates share movement, adds comments in paragraph 4, 9 By Aishwarya Jain July 31 (Reuters) - Hotel operator Marriott International MAR.O lowered its forecast for 2024 room revenue growth on Wednesday, citing softer domestic travel demand in China and North America, sending its shares down about 4%.
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Reuters - 2 linggo ang nakaraan

Marriott narrows 2024 revenue growth forecast on weakening domestic tourism in the US

Marriott narrows 2024 revenue growth forecast on weakening domestic tourism in the US July 31 (Reuters) - Hotel operator Marriott International MAR.O narrowed down its forecast for 2024 revenue per room growth on Wednesday, as the domestic travel industry in the U.S. continues to perform poorly. It expects revenue per available room (RevPAR) to grow between 3% and 4%, compared to the 3% to 5% growth it had previously forecast.
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Reuters - 2 linggo ang nakaraan

Marriott Q2 Adjusted EPS USD 2.5 Vs. IBES Estimate USD 2.47

BRIEF-Marriott Q2 Adjusted EPS USD 2.5 Vs. IBES Estimate USD 2.47 Jul 31 (Reuters) - Marriott Q2 adjusted net income USD 716 million vs. IBES estimate USD 707.4 million. Q2 adjusted EBITDA USD 1,324 million vs. IBES estimate USD 1,305 million Q2 EPS USD 2.69 Q2 net income USD 772 million
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Reuters - 2 linggo ang nakaraan

BOJ hikes with Fed ahead, Big Tech flubs

MORNING BID AMERICAS-BOJ hikes with Fed ahead, Big Tech flubs A look at the day ahead in U.S. and global markets from Mike Dolan By any standards of an already busy year, markets are digesting an awful lot of information in a very short space of time - with a Bank of Japan interest rate rise and Microsoft earnings disappointment the latest servings on the final day of July.
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Reuters - 2 linggo ang nakaraan

Marriott International Inc <MAR.OQ> expected to post earnings of $2.47 a share - Earnings Preview

Marriott International Inc expected to post earnings of $2.47 a share - Earnings Preview Marriott International Inc MAR.OQ MAR.O is expected to show a rise in quarterly revenue when it reports results on July 31 for the period ending June 30 2024 The Bethesda Maryland-based company is expected to report a 6.7% increase in revenue to $6.483 billion from $6.08 billion a year ago, according to the mean estimate from 16 analysts, based on LSEG data.
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Reuters - 3 linggo ang nakaraan

Hotel workers in four US cities to hold strike authorization votes

Hotel workers in four US cities to hold strike authorization votes By Doyinsola Oladipo NEW YORK, July 24 (Reuters) - About 13,500 unionized hotel workers in four U.S. cities plan strike authorization votes next month as contract talks with Marriott International MAR.O , Hilton Worldwide Holdings HLT.N and Hyatt Hotels Corp H.N stall, the union said.
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Reuters - 3 linggo ang nakaraan

Marriott International Announces Owner Recognition Platform

BRIEF-Marriott International Announces Owner Recognition Platform July 22 (Reuters) - Marriott International Inc MAR.O : MARRIOTT INTERNATIONAL STRENGTHENS LEADERSHIP POSITION IN BRANDED RESIDENCES, ANNOUNCES OWNER RECOGNITION PLATFORM Source text for Eikon: ID:nPn20q2Pza Further company coverage: MAR.O
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Reuters - 4 linggo ang nakaraan

U.S. STOCKS Schlumberger, Western Alliance, Huntington Bancshares

BUZZ-U.S. STOCKS ON THE MOVE-Schlumberger, Western Alliance, Huntington Bancshares Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes slipped on Friday, deepening a sell-off driven by tech stocks and mixed earnings, while investors assessed the impact of a global cyber outage that knocked down CrowdStrike's shares.
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Reuters - 4 linggo ang nakaraan

U.S. STOCKS Hawaiian Electric, Serve Robotics, Schlumberger

BUZZ-U.S. STOCKS ON THE MOVE-Hawaiian Electric, Serve Robotics, Schlumberger Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes fell on Friday, deepening a sell-off driven by tech stocks and mixed earnings, while investors assessed the impact of a global cyber outage that knocked down CrowdStrike's shares to an over two-month low.
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Reuters - 4 linggo ang nakaraan

JP Morgan lifts PTs of US hotel operators on revenue growth

BUZZ-JP Morgan lifts PTs of US hotel operators on revenue growth ** J.P. Morgan lifts PT of Hilton Worldwide HLT.N to $216 from $200, Hyatt Hotels H.N to $180 from $171, Marriott International MAR.O to $255 from $235 and Travel + Leisure Co TNL.N to $63 from $53 ** Sees U.S. revenue per available room (RevPAR) and occupancy picking up sequentially in Q2 2024 ** "We are not seeing any impact from still higher capital costs and macro uncertainties with U.S.
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Reuters - 4 linggo ang nakaraan

U.S. Anaptysbio, Blackstone, Netflix

U.S. RESEARCH ROUNDUP-Anaptysbio, Blackstone, Netflix July 19 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Anaptysbio, Blackstone and Netflix, on Friday. HIGHLIGHTS * Anaptysbio Inc ANAB.O : JP Morgan raises to overweight from neutral * Blackstone BX.N : Piper Sandler raises target price to $149 from $134 * Domino's Pizza Inc DPZ.N : Jefferies cuts target price to $455 from $512 * DR Horton Inc DHI.N : Barclays ra
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