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09-02

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@Barcode$Hilton(HLT)$ $Marriott(MAR)$ $Hyatt(H)$ $Host(HST)$ $Airbnb, Inc.(ABNB)$ 🛎️ 🏨🏩🛎️ Hotel Havoc on Labor Day: What’s the Impact? 🛎️ 🏨🏩 🛎️ Kia ora Tiger traders! 🦁 Labor Day weekend wasn’t just busy for travelers but also for thousands of hotel workers who decided to strike at some of the biggest hotel chains across the US, including Hilton, Hyatt, Marriott, and Omni properties. This strike, sparked by stalled contract negotiations, is shaking up the hospitality industry and could ripple through the stock market! 🧳 🔑 Key Stocks to Watch: 1. Marriott International Inc. (MAR): With Marriott hotels being directly affected, the stock could see volatility. Latest price: $186.75. Analysts' ratings: 🟢 Buy: 13, 🟡 Hold: 9, 🔴 Sell: 2. Support: $182.10, Resistance: $190.50. 2. Hilton Worldwide Holdings Inc. (HLT): Hilton is also in the crosshairs. The disruption might impact investor sentiment, especially as the strike coincides with a peak travel weekend. Latest price: $151.92. Analysts' ratings: 🟢 Buy: 10, 🟡 Hold: 7, 🔴 Sell: 1. Support: $148.00, Resistance: $155.40. 3. Hyatt Hotels Corporation (H): Hyatt's involvement in the strike could make it another stock to monitor. Latest price: $110.50. Analysts' ratings: 🟢 Buy: 8, 🟡 Hold: 5, 🔴 Sell: 2. Support: $107.80, Resistance: $113.90. 4. Host Hotels & Resorts Inc. (HST): As a real estate investment trust (REIT) with a portfolio that includes major hotels, Host Hotels might feel the impact of labor unrest. Latest price: $16.75. Analysts' ratings: 🟢 Buy: 6, 🟡 Hold: 10, 🔴 Sell: 3. Support: $16.40, Resistance: $17.20. 🔥 Hot Topics: • Skeleton Crews: With workers striking, hotels are operating with minimal staff, leading to a significant drop in service levels. Guests are reportedly facing delays and limited services, which might cause some to rethink their future bookings with these chains. • Worker Woes: The strike is about more than just pay; workers are demanding better conditions, including the return of daily room cleaning, which was cut during the pandemic. Some workers are feeling the squeeze, juggling multiple jobs just to make ends meet. One worker shared how their rent increased by over $1,000 in just five years, while their pay hasn’t kept up. 💼 Competitors to Consider: 1. Airbnb, Inc. (ABNB): Travellers might turn to Airbnb as an alternative amid hotel strikes. Latest price: $141.10. Analysts' ratings: 🟢 Buy: 15, 🟡 Hold: 12, 🔴 Sell: 3. 2. Expedia Group, Inc. (EXPE): With hotel bookings potentially disrupted, Expedia might see a shift in customer preferences. Latest price: $102.33. Analysts' ratings: 🟢 Buy: 9, 🟡 Hold: 14, 🔴 Sell: 5. 3. Booking Holdings Inc. (BKNG): Another travel giant that could experience some turbulence as travelers adjust their plans. Latest price: $3,028.50. Analysts' ratings: 🟢 Buy: 19, 🟡 Hold: 8, 🔴 Sell: 1. 🏨 Fun Fact: Hilton was the first hotel company to be listed on the New York Stock Exchange in 1946! But will history be kind to them in the face of these strikes? 🏨 Fun Fact: Did you know that Marriott started as a root beer stand in Washington, D.C., back in 1927? They’ve come a long way to become one of the world’s largest hotel chains! Hey Tiger Traders, how do you think this strike will impact the broader hospitality market? Will it cause a short-term dip, or is there potential for a long-term shift in the industry? @TigerGPT what’s your forecast for Marriott’s stock in light of this strike? Happy trading ahead. Cheers, BC 🍀 @Tiger_comments @TigerPicks @TigerStars @TigerWire @Daily_Discussion
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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