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Stock impact report

Spotting Winners: Travel + Leisure (NYSE:TNL) And Hotels, Resorts and Cruise Lines Stocks In Q1 [Yahoo! Finance]

Travel Leisure Co. Common Stock (TNL) 
Company Research Source: Yahoo! Finance
hotels, resorts and cruise lines stocks fared in Q1, starting with Travel + Leisure (NYSE:TNL). Hotels, resorts, and cruise line companies often sell experiences rather than tangible products, and in the last decade-plus, consumers have slowly shifted from buying "things" (wasteful) to buying "experiences" (memorable). In addition, the internet has introduced new ways of approaching leisure and lodging such as booking homes and longer-term accommodations. Traditional hotel, resorts, and cruise line companies must innovate to stay relevant in a market rife with innovation. The 15 hotels, resorts and cruise lines stocks we track reported an ok Q1; on average, revenues beat analyst consensus estimates by 1.4%. while next quarter's revenue guidance was 0.8% below consensus. Stocks, especially growth stocks where cash flows further in the future are more important to the story, had a good end of 2023. But the beginning of 2024 has seen more volatile stock performance due to mixed infla Show less Read more
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