World Cup Could Drive RevPar Growth
Photo Credit: Anthony Capuano, CEO of Marriott Marriott
Skift Take
Marriott International kicked off the hotel company earnings season with a bang, igniting the entire group.
The DJIA rose 52 points while the Nasdaq was down 136, the S&P 500 fell 23 points, the 10-year treasury yield dropped .05 to 4.15% and lodging stocks soared. MAR led with a gain of 9% to a new all-time high. HLT also hit a new all-time high. H was up 6%, INN and BHR were up 5% and DRH was also up 5% to a new high. XHR, HST, and IHG traded up to new highs as well today.
President’s Day Weekend Schedule - There will be no Daily Lodging Report on Thursday, February 12th, and Monday, February 16th. There will be one issue on Sunday, February 15th, covering the period.
Marriott International kicked off the hotel company earnings season with a bang, igniting the entire group. The results were better than feared/expected, and it was pretty good to have low expectations going into the print and even better having such low expectations while many of the major C-Corps were still trading near their all-time highs. Fourth-quarter of 2025-adjusted EB
