Lodging

Recent industrywide consolidation in the lodging sector leaves multiple stocks trading at an "unfavorable" risk-reward profile, according to Goldman Sachs. The Analyst Goldman Sachs' Stephen Grambling downgraded Host Hotels and Resorts Inc (NYSE: HST) from Neutral to Sell with an...

The lodging industry has seen multiple M&A and strategic optionality deals over the past year and investors are likely undervaluing Extended Stay America Inc (NYSE: STAY)'s ability to create value, according to Morgan Stanley. The Analyst Morgan Stanley's Thomas Allen upgraded...

One of the key components to Airbnb's long-term success is being able to compete in an open and fair environment against major hotel chains. But now an ongoing feud with one of the largest hotel chains, Marriott International Inc (NASDAQ: MAR), shows the extent to which the competitive...

The rise in popularity of alternative accommodations has the major players in the hospitality industry taking notice. Consumers are becoming increasingly interested in bespoke accommodations that offer authentic, local experiences generally unavailable at the properties of the biggest hotel...

Shares from the hospitality sector came under pressure Wednesday after Hilton Worldwide Holdings Inc (NYSE: HLT) provided a downbeat earnings forecast for the fourth quarter following a sales miss in the third quarter. Two other companies have also offered downbeat outlooks. On back of the...

Following a series of investor meetings, Barclays expressed that they still believe shares of Extended Stay America Inc (NYSE: STAY) to be undervalued when factoring in operations and an opportunity for real estate monetization. The firm maintains its Overweight stock rating and price target of $19...

La Quinta Holding Inc (NYSE: LQ) shares are trading lower by $0.46 at $10.85 in Monday's session. Although Goldman Sachs initiated coverage in the lodging sector with a Buy rating on Marriott International Inc (NASDAQ: MAR) with a 12-month price target of $81, the firm has initiated coverage of La...

Morgan Stanley picked Marriott International Inc (NASDAQ: MAR) among the lodging stocks to upgrade to an Overweight rating citing that its C-Corps have robust growth on unit-wise despite estimating lower RevPAR. Although the brokerage upgraded Choice Hotels International Inc (NYSE: CHH), the firm...

Airbnb and HomeAway, Inc. (NASDAQ: AWAY) are two names that are said to be "disrupting" the traditional hotel business. Thomas Allen of Morgan Stanley argued in a note on Tuesday that the impact these companies have on the hotel business "appears negligible." Allen recommended owning hotel and...

Recent reports of InterContinental Hotels Group PLC (ADR) (NYSE: IHG)'s potential buyout of Fairmont Hotels confirms MKM Partners' belief that the hotel industry is positioned for further consolidation. MKM believes that InterContinental’s fee business is underappreciated....

Canaccord Genuity analyst Ryan Meliker initiated coverage on select-service lodging REIT Summit Hotel Properties, Inc. (NYSE: INN) with a Buy rating and $16 target price on July 13, 2015. On August 4, after the Summit conference call discussing 2Q15 results, Meliker published a research note...

Last Thursday, Canaccord Genuity analyst Ryan Meliker published a report titled "Opportunity knocks: Risk reward skew is very attractive," and reiterated his Buy rating for Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT). While noting Starwood's recently-announced disappointing Q2 results...

On July 1, Cantor Fitzgerald analyst Gaurav Mehta published a research note updating earnings estimates, and raising the target price on three of its Buy rated lodging REITs. The based upon the new Cantor Fitzgerald price targets, these four hotel stocks offer investors potential total return...

On Friday, JMP Securities analysts Robert LaFleur and Whitney Stevenson published a bullish research note after attending both REITWeek (NAREIT) and the NYU Lodging Investment Conference (NYU) held the prior week. They noted a significant disconnect between hotel business fundamentals at NYU),...