nasdaqmar
Marriot International (NASDAQ:MAR) is becoming a mouthwatering value play within a sector that is breaking out above all others, a significant factor during questioning economic times such as today. Shares of Marriot are relatively flat, despite posting their long-awaited second quarter 2023 earnings results, where most market participants had been biting their nails given the highly cyclical nature of Marriot’s industry. Key Points Marriot International reported its second quarter 2023 earnings results during the pre-market hours of Tuesday morning, proving bearish expectations of an industry...
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After enduring more than two years of pent-up travel demand due to border closures and pandemic-related restrictions introduced back in 2020, last year saw consumers take to the skies, seas, tracks, and roads in record numbers. What was initially considered to be the rebound season of the travel, leisure, and hospitality industry soon turned into the summer of travel chaos. Thousands of canceled or delayed flights, lost luggage, and labor shortages played out against a backdrop of macroeconomic problems, geopolitical tension, and sudden pandemic-restriction changes which left travelers terror-...
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After nearly three years of ongoing travel bans, lockdowns and mandatory quarantines due to the pandemic, the majority of Asian and Southeast Asian countries have now scrapped their last remaining travel restrictions in a bid to welcome back foreign and international travelers. While several countries reopened at the start of summer, some nations were not as lenient, keeping much of their border restrictions in place and imposing a limit on the amount of daily passenger arrivals. Q3 2022 hedge fund letters, conferences and more Asia Opens Up TourismWith the region now welcoming back tourists, ...
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Big global brands continue to pull out of Russia following its invasion of Ukraine. Though this list continues to grow by the day, many major U.S. companies still remain in Russia. These companies continue to operate in Russia despite intense political pressure and consumer backlash to pull out of the country. Most of these brands have valid reasons for not suspending their operations in Russia. Let’s take a look at ten major US brands still in Russia. Ten Major US Brands Still In RussiaWe have referred to various online and offline sources to prepare the list of ten major U.S. brands still in...
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