Why Hospitality Stocks Plunged Again on Monday [The Motley Fool]
Marriott International - Class A (MAR)
Last marriott international - class a earnings: 2/26 04:30 pm
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Source: The Motley Fool
What happened Shares of hospitality stocks struggled again on Monday as coronavirus spreads across the U.S. and the world. Marriott International ( NASDAQ:MAR Carnival NYSE:CCL Eldorado Resorts NASDAQ:ERI Marriott and Carnival recovered to end up with only small drops today, but Eldorado really took a big hit. The casino company finished down nearly 9.%. Image source: Getty Images. So what Fear of COVID-9 is affecting the consumer travel and hospitality business. Bookings at hotels in Asia are down, and that's where a majority of the 90,000 reported cases and ,000 reported deaths have happened. There have now been six deaths in the U.S., so the concern has hit U.S. shores. For Eldorado in particular, the challenge is that it's trying to acquire Caesars Entertainment NASDAQ:CZR casino stocks The hospitality business is definitely the first to be hit by coronavirus fears, and we'll probably see a significant impact starting in the first quarter. But it'll take months to determine if tra
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MAR
News
- 85 Chefs Share Their Restaurant Trend Predictions For 2025 [Forbes]Forbes
- Spa Resorts Market Projection Indicates Robust Growth Through 2024, Reaching $81.71 Billion with Health and Wellness at the Forefront - Global Long-term Forecast to 2028 and 2033 [Yahoo! Finance Canada]Yahoo! Finance Canada
- Westin Maldives Miriandhoo: Where Luxury Meets Wellness In Paradise [Forbes]Forbes
- Marriott International, Inc. (NASDAQ: MAR) had its price target raised by analysts at Jefferies Financial Group Inc. from $251.00 to $295.00. They now have a "hold" rating on the stock.MarketBeat
- Is Marriott International (MAR) Among the Best Leisure and Recreation Services Stocks to Buy Now? [Yahoo! Finance]Yahoo! Finance
MAR
Earnings
- 11/4/24 - Miss
MAR
Sec Filings
- 1/6/25 - Form 4
- 1/2/25 - Form 4
- 12/27/24 - Form 4
- MAR's page on the SEC website