Analysts Favor Hotel Brands Over Airbnb

The DJIA rose 27 points while Nasdaq was up 71, the S&P 500 was down 12 points, and the 10-year treasury yield was up .08 to 4.03%. MAR was up about 1.45% at the close.

Barrons.com published a story, quoting analysts as saying travel is entering a new phase, and investors should pick Hilton and hotel peers over Airbnb. It had very interesting timing given Dow Jones’ recent story about how one of ABNB’s founders has been selling most of his stock, ABNB continuing to hit new highs despite all that, and Marriott and Hilton leading the charge of C-Corp lodging stocks, also to new highs. The article quoted Melius’ analysts as saying the asset-light/fee-based model by hotel brands is a more resilient revenue stream and more defensive relative to other travel sectors. They also expect the international expansion to make up for any real or imagined concerns about the impact of any slown