🎉Tourism Stocks Boosts: WYNN, LVS Surge, RCL Breaks ATH
[Cool]Hey there, Tigers! Are you planning any trips lately?
The heat in the travel market continues to rise, and tourism and hotel stocks are experiencing a collective surge. From high-end resorts to cruise giants and online travel platforms, related companies' stocks are showing a strong upward trend.
Here are some observations on key tourism and hotel stocks.
Risk Disclaimer: The information in this article is compiled from public sources. Historical performance and analyst forecasts do not constitute direct investment advice.
I. Resort Sector
1. $Wynn(WYNN)$ ,year-to-date increase nearly 30%, with the latest quote at $111.93.
Q1 2025 Report: Revenue of $170 million, down 7.5% sequentially; net profit of $72.8 million.
Future Expectations: 2025E/2026E EPS projected at $5.05/$6.10; 2025E EV/EBITDA at 9.1×.
Analyst Target Price: $125 (range $110–$140), implying an upside potential of 18%.
Market Dynamics: Despite a sequential revenue decline, Wynn Resorts' net profit remains robust. The company recently extended its credit facility by $500 million, demonstrating financial flexibility. Analysts are optimistic about its future growth, especially driven by its Macau operations, which are expected to deliver higher profitability.
Future Outlook: With the global travel market rebounding and the high-end gaming and resort business on the upswing, Wynn Resorts is poised for dual growth in revenue and profit in the coming quarters. Its operations in Macau and Las Vegas will be the main growth drivers.
2. $Las Vegas Sands(LVS)$ since April's low, rebounding over 60%, latest quote at $50.52.
Q1 2025 Report: Revenue of $2.85 billion, up 12% year-over-year; net profit of $410 million (margin 14.4%).
Future Expectations: 2025E/2026E EPS projected at $3.20/$3.55; 2025E EV/EBITDA at 10.2×.
Analyst Target Price: $52 (range $48–$58), implying an upside potential of 15%.
Market Dynamics: As a global leader in gaming and resort operations, Las Vegas Sands is performing strongly in both Las Vegas and Macau. The company has recently announced a series of expansion plans, including new projects in Asia and the US, which will bring new growth opportunities.
Future Outlook: Driven by the robust demand in the Asian market and the ongoing recovery of the global travel market, Las Vegas Sands is expected to achieve higher revenue and profit in the future. Its operations in Macau will be a key growth driver, and its high-end resorts in Las Vegas will continue to benefit from the travel market's recovery.
3. $Hilton(HLT)$ year-to-date increase over 12%, with the latest quote at $277.48.
Q1 2025 Report: Revenue of $2.57 billion, up 8% year-over-year; adjusted EPS of $1.41.
Future Expectations: 2025E/2026E EPS projected at $7.00/$7.65; 2025E EV/EBITDA at 15.8×.
Bloomberg Analysts' 12-month Target Price: $253, implying a downside potential of 8.5%.
Market Dynamics: Hilton Hotels maintains a solid position in the global hotel market. Its Q1 report exceeded expectations, showing strong profitability and market demand. The company has recently announced a series of new brand expansion plans, especially in the high-end hotel and resort sectors.
Future Outlook: With the continuous growth in travel demand and the recovery of business travel, Hilton is expected to achieve higher revenue and profit in the coming quarters. Its brand expansion plans worldwide will further consolidate its market position, especially in the high-end hotel and resort sectors.
4. $Bluegreen Vacations Holding Corporation(BVH)$ see 2025 increase over 200%, with the latest quote at $75.
Q1 2025 Report: Revenue of $220 million, up 6% year-over-year; EPS of $0.82.
Future Expectations: 2025E/2026E EPS projected at $4.05/$4.40; 2025E P/E at 8.0×.
Analyst Target Price: According to the average target price from analysts, BVH has an upside potential of about 2.0%.
Market Dynamics: Focusing on vacation ownership and resort management services, BVH's Q1 report shows steady growth. The company has recently announced a series of new resort development plans, which will bring new growth opportunities.
Future Outlook: With the increasing demand for vacation ownership, Bluegreen Vacations is expected to achieve higher revenue and profit in the coming quarters. Its innovations in resort management services will further consolidate its market position.
5. $Choice(CHH)$ price nearing 200-day moving average, currently quoted at $134.72, potential catch-up increase within the year?
Q1 2025 Report: Revenue of $380 million, up 4% year-over-year; adjusted EPS of $1.35.
Future Expectations: 2025E/2026E EPS projected at $6.75/$7.20; 2025E EV/EBITDA at 14.5×.
Bloomberg Analysts' 12-month Target Price: $134.4, implying a downside potential of 0.2%.
Market Dynamics: Choice Hotels maintains a solid position in the global hotel market. Its Q1 report shows steady growth. The company has recently announced a series of new brand expansion plans, especially in the mid-to-high-end hotel sector.
Future Outlook: With the continuous growth in travel demand and the recovery of business travel, Choice Hotels is expected to achieve higher revenue and profit in the coming quarters. Its brand expansion plans worldwide will further consolidate its market position, especially in the mid-to-high-end hotel sector.
6. $OneSpaWorld Holdings Limited(OSW)$ year-to-date increase by 9%, with the latest quote at $21.7.
Q1 2025 Report: Revenue of $220 million, up 14% year-over-year; EPS of $0.18.
Future Expectations: 2025E/2026E EPS projected at $0.95/$1.10; 2025E EV/EBITDA at 12.0×.
Analyst Target Price: $22 (range $16–$20), implying an upside potential of 1.4%.
Market Dynamics: Focusing on providing spa and wellness services for cruises and resorts, OSW's Q1 report shows strong growth. The company has recently announced a series of new service expansion plans, which will bring new growth opportunities.
Future Outlook: With the increasing demand for health and spa services, OneSpaWorld is expected to achieve higher revenue and profit in the coming quarters. Its innovations in the spa and wellness service sector will further consolidate its market position.
7. $Booking Holdings(BKNG)$ year-to-date increase by15%, with the latest quote at $3200.
Q1 2025 Report: Revenue of $3.82 billion, up 17% year-over-year; adjusted EPS of $32.71.
Future Expectations: 2025E/2026E EPS projected at $130/$145; 2025E EV/EBITDA at 16.5×.
Analyst Target Price: $3500 (range $3300–$3700), implying an upside potential of 9%.
Market Dynamics: As a global leader in online travel booking platforms, Booking Holdings' Q1 report shows strong growth. The company has recently announced a series of new technological expansion plans, especially in mobile applications and user experience.
Future Outlook: With the continuous growth in travel demand and the increasing demand for online booking platforms, Booking Holdings is expected to achieve higher revenue and profit in the coming quarters. Its innovations in the technology sector will further consolidate its market position.
II. Cruise Sector
1. $Royal Caribbean Cruises(RCL)$ year-to-date increase nearly 48%, with consecutive rocket-like increases for two years, currently quoted at $342.56.
Q1 2025 Report: Revenue of $4.05 billion, up 7.3% year-over-year; adjusted EPS of $2.71.
Future Expectations: 2025E/2026E EPS projected at $11.50/$12.90; 2025E EV/EBITDA at 9.5×.
Analyst Target Price: $301.13, implying a downside potential of 11.8%.
Market Dynamics: As a global leader in cruise operations, Royal Caribbean's Q1 report shows strong growth. The company has recently announced a series of new routes and cruise expansion plans, which will bring new growth opportunities.
Future Outlook: With the continuous growth in travel demand and the increasing demand for high-end cruise experiences, Royal Caribbean is expected to achieve higher revenue and profit in the coming quarters. Its innovations and expansions in the cruise industry will further consolidate its market position.
2. $Carnival(CCL)$ 2025 increase over15.77%, currently quoted at $29.1.
Q1 2025 Report: Revenue of $5.4 billion, up 9% year-over-year; adjusted EPS of $0.99.
Future Expectations: 2025E/2026E EPS projected at $4.05/$4.60; 2025E EV/EBITDA at 8.2×.
Analyst Target Price: $30.7 (range $21–$27), implying an upside potential of 5.5%.
Market Dynamics: As one of the world's largest cruise operators, Carnival Corp.'s Q1 report shows steady growth. The company has recently announced a series of new routes and cruise expansion plans, which will bring new growth opportunities.
Future Outlook: With the continuous growth in travel demand and the increasing demand for high-end cruise experiences, Carnival Corp. is expected to achieve higher revenue and profit in the coming quarters. Its innovations and expansions in the cruise industry will further consolidate its market position.
3. $Norwegian Cruise Line(NCLH)$ yesterday's increase: 5%, breaking above the 200-day long-term price moving average, currently quoted at $23.15.
Q1 2025 Report: Revenue of $2.3 billion, up 6% year-over-year; adjusted EPS of $0.45.
Future Expectations: 2025E/2026E EPS projected at $2.10/$2.50; 2025E EV/EBITDA at 9.0×.
Analyst Target Price: $28 (range $25–$32), implying an upside potential of 25%.
Market Dynamics: As one of the world's leading cruise operators, Norwegian Cruise Line's Q1 report shows steady growth. The company has recently announced a series of new routes and cruise expansion plans, which will bring new growth opportunities.
Future Outlook: With the continuous growth in travel demand and the increasing demand for high-end cruise experiences, Norwegian Cruise Line is expected to achieve higher revenue and profit in the coming quarters. Its innovations and expansions in the cruise industry will further consolidate its market position.
4. $Lindblad Expeditions(LIND)$ current quote: $13.35, with a 12.56% increase this year.
Q1 2025 Report: Revenue of $145 million, up 18% year-over-year; EPS of $0.12.
Future Expectations: 2025E/2026E EPS projected at $0.75/$1.05; 2025E EV/EBITDA at 7.5×.
Analyst Target Price: $14 (range $12–$16), implying an upside potential of 30%.
Market Dynamics: Focusing on expedition cruises, Lindblad Expeditions' Q1 report shows strong growth. The company has recently announced a series of new routes and cruise expansion plans, which will bring new growth opportunities.
Future Outlook: With the increasing demand for high-end expedition cruise experiences, Lindblad Expeditions is expected to achieve higher revenue and profit in the coming quarters. Its innovations and expansions in the expedition cruise sector will further consolidate its market position.
Summary
Resort and cruise stocks have shown strong growth momentum in the first quarter of 2025. With the continuous recovery of the global travel market, especially the increase in high-end travel and business travel demand, these companies are expected to achieve higher revenue and profit in the coming quarters. Investors can pay attention to these companies' expansion plans and innovative initiatives to seize future investment opportunities.
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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.
