$Hilton(HLT)$ $Marriott(MAR)$ $Hyatt(H)$ $Host(HST)$ $Airbnb, Inc.(ABNB)$
ποΈ π¨π©ποΈ Hotel Havoc on Labor Day: Whatβs the Impact? ποΈ π¨π© ποΈ
Kia ora Tiger traders! π¦
Labor Day weekend wasnβt 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!
𧳠π 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: π’ Buy: 13, π‘ Hold: 9, π΄ 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: π’ Buy: 10, π‘ Hold: 7, π΄ 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: π’ Buy: 8, π‘ Hold: 5, π΄ 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: π’ Buy: 6, π‘ Hold: 10, π΄ Sell: 3. Support: $16.40, Resistance: $17.20.
π₯ Hot Topics:
β’ 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.
β’ 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 hasnβt kept up.
πΌ Competitors to Consider:
1. Airbnb, Inc. (ABNB): Travellers might turn to Airbnb as an alternative amid hotel strikes. Latest price: $141.10. Analysts' ratings: π’ Buy: 15, π‘ Hold: 12, π΄ 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: π’ Buy: 9, π‘ Hold: 14, π΄ 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: π’ Buy: 19, π‘ Hold: 8, π΄ Sell: 1.
π¨ 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?
π¨ Fun Fact: Did you know that Marriott started as a root beer stand in Washington, D.C., back in 1927? Theyβve come a long way to become one of the worldβs 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 whatβs your forecast for Marriottβs stock in light of this strike?
Happy trading ahead. Cheers, BC π @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.
Marriott International Inc. (MAR) - Stock Overview
Business Overview: Marriott International Inc. is one of the world's largest hotel chains, offering a broad portfolio of brands and properties across various segments of the hospitality industry. The company operates and franchises hotels and resorts worldwide.
Earnings Analysis:
Latest Earnings Report (2024Q2):
EPS: $2.70
Gross Profit Margin: 82.70%
Return on Investment: 25.30%
Net Profit Margin: 45.12%
Earnings Forecast:
2024FY Forecast: EPS of $9.34(USD), Gross Income of $25.08B(USD), EBIT of $4.21B(USD)
2025FY Forecast: EPS of $10.59(USD), Gross Income of $26.67B(USD), EBIT of $4.59B(USD)
2026FY Forecast: EPS of $11.95(USD), Gross Income of $28.37B(USD), EBIT of $4.93B(USD)
Trend Analysis:
Support Price (as of 2024-08-30): $231.25(USD)
Resistance Price (as of 2024-08-30): $242.75(USD)
Average Cost (as of 2024-08-30): $229.78(USD)
Current Stock Price (as of 2024-09-02): $234.69(USD)
Valuation Analysis:
Analysts' Target Price:
Mean: $243.8(USD)
Low: $195.0(USD)
High: $275.0(USD)
Analysts' Recommendations: 2 recommend, 4 buy, 19 hold, 1 underperform
Capital Flow Analysis:
5-Day Capital Flow:
08-23: Inflow of 426.56K units
08-26: Inflow of 8444.17K units
08-27: Inflow of 758.8K units
08-28: Inflow of 2504.04K units
08-29: Outflow of 21220.44K units
1-Day Capital Flow:
Total Inflow: 85.91M USD
Total Outflow: 115M USD
Analyst Ratings:
Buy: 13 analysts
Hold: 9 analysts
Sell: 2 analysts
Please note that the above information is for reference purposes only and should not be considered as investment advice.
For more specific details and figures, such as the company's future industry growth, recent news impact, and further analysis, please let me know your specific queries or areas of interest.
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