stocks

5 Travel Stocks to Buy in a Tricky Environment

The open road is calling, but the Delta variant of COVID-19 has something to say, too. And that’s putting travel stocks in a sticky wicket.

Americans clearly want to travel. Hotel research group STR notes that by early August, average hotel occupancy had bounced back to roughly 64% – just about 9% below pre-pandemic figures, and a sharp improvement from the COVID lows. TSA data also shows that airline travel has remained swift, hovering just below 2 million passengers a day for much of the summer.

However, the highly contagious Delta variant has prevented the U.S. from bursting into a

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Travel stocks decelerate as Covid fears grow but one stock may endure

Travel stocks have taken a hit this week as fears over the delta variant grow.

As of Thursday’s close, hotel stocks such as Hyatt, Hilton, Marriott and InterContinental were on track for weekly losses as steep as 4%, far wider than the 1% drop for the S&P 500. Those names were also under pressure after the latest data from travel metrics company STR showed hotel occupancy decline in August after rising in June and July.

One stock could withstand more weakness in travel activity into the fall, though. In an interview with CNBC’s “Trading Nation,” Inside Edge

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Beware of These 4 Travel Stocks as the Delta Variant Surges


6 min read


This story originally appeared on StockNews

Fears surrounding the resurgence of COVID-19 cases, driven by the highly transmissible Delta variant, will likely impact the travel sector severely. Rising restrictions and tightening regulations over domestic and international travel across the country have already led to declining travel rates. Given the bleak industry outlook, travel-related stocks such as Booking Holdings (BKNG), Carnival Corporation (CCL), Hyatt Hotels (H), and Spirit Airlines (SAVE) are best avoided now.

The seven-day average of COVID-19 cases has reached 95,000 in the U.S., representing a five-fold rise in less than a

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Hilton, Wyndham Stocks Rise After Earnings

Second-quarter earnings results for

Hilton Worldwide Holdings

and

Wyndham Hotels & Resorts

are the latest example of a marked improvement for the lodging industry, although the crucial business travel segment continues to lag.

Both stocks took off on Thursday morning. “We continued to make significant progress toward recovery,” Hilton CEO Christopher Nassetta told analysts.

Wyndham Hotels (ticker: WH) on Wednesday reported second-quarter adjusted diluted earnings of 95 cents a share, up from 10 cents in the corresponding period last year. Net revenues were $406 million, compared with$258 million a year earlier, during the heart of the pandemic.

The company, based

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