Articles tagged “stocks”

Hotels

Selina’s Big Stock Swing

Today's edition of Skift's daily podcast looks closer at Selina’s stock drop, American Air’s pilot deal, and Omni Hotels’ ambitions.

Selina’s Big Stock Swing

Hotels

Hotel Brand Selina’s Wild Ride as a Penny Stock: Here’s What We Know

Selina's stock price stabilized on Monday after a sharp drop to an all-time low on Friday. The chain of premium hostels and coworking spots is taking steps to escape penny-stock status.

Hotel Brand Selina’s Wild Ride as a Penny Stock: Here’s What We Know

Tourism

Europe Travel Stocks Remain Healthy Despite Market Shift

Investors continue to weigh travel demand and the anticipation of future growth-promoting events against profit-taking and extreme weather challenges.

Europe Travel Stocks Remain Healthy Despite Market Shift

Airlines

Airlines’ Stocks Tumble After Alaska’s Flat Forecast

The Alaska Air Group's projected flat revenue growth is a major factor why shares dropped for some major U.S. carriers, another setback for an industry still fighting to make a full recovery from the pandemic.

Airlines’ Stocks Tumble After Alaska’s Flat Forecast

News Blog

IHG Doesn’t Rule Out Public Listing Move From London to New York

InterContinental Hotels Group (IHG Hotels & Resorts) CEO Keith Barr told the Financial Times this week that "several shareholders" had asked his team at an investor roadshow last month if it would consider a switch away from listing on the London stock market to New York's exchanges. Barr told FT reporter Oliver Barnes: "There’s no…

Hotels

Hotel Groups Deploy Swelling Cash Piles With Varied Playbooks

The big hotel groups sit on a $7 billion cash pile. How they use it, whether it's to acquire properties, improve their offerings, or buy back stocks, will shape their futures.

Hotel Groups Deploy Swelling Cash Piles With Varied Playbooks

News Blog

Charts: Big 3 Online Travel Companies Finish the First Half at 52-Week Stock Price Lows

Stubborn inflation and fears of recession pushed Airbnb, Booking Holdings, and Expedia Group toward marking 52-week stock price lows on Thursday, the last day of the second quarter, as seen in three charts below. An Airbnb in Milan, Italy. Airbnb Yahoo Finance Yahoo Finance Yahoo Finance Airbnb, Expedia and Booking Holdings weren't alone in their…

Short-Term Rentals

Why Sonder Faces a Long Road Back — And Vacasa May Be Next

The short-term rental manager says the changes will let it turn cash flow positive next year, but it may face a cash squeeze before it gets there. Watch out for the very similar Vacasa, too.

Why Sonder Faces a Long Road Back — And Vacasa May Be Next

Tourism

Asia Reopening Shifts Investor Interest Back to Travel Companies

Travel stocks, particularly those in Asia, have not been darlings for investors since the pandemic began, for obvious reasons. But the loosening of travel restrictions across APAC is stirring new interest in Asia's travel company stalwarts. Is the smart money back?

Asia Reopening Shifts Investor Interest Back to Travel Companies

Coronavirus

Why 2021 Is the Year of the Travel IPO

So far this year, a dozen travel companies went public or made plans to do so. A couple of them may shine. But the odds are stacked against this year's IPOs, on average, over the long term. Find out why.

Why 2021 Is the Year of the Travel IPO