BETHESDA, Md., April 23, 2020 -- Host Hotels & Resorts, Inc. (NYSE: HST) (the “Company”) will report first quarter 2020 financial results on Thursday, May 7, 2020, after.
BETHESDA, Md., May 07, 2020 -- Host Hotels & Resorts, Inc. (NYSE: HST) (the “Company”), the nation’s largest lodging real estate investment trust (“REIT”), today announced.
Heritage Capital President and CIO Paul Schatz joins Yahoo Finance’s Zack Guzman and Seana Smith to discuss how the coronavirus is impacting the retail industry.
Q1 2020 Host Hotels & Resorts Inc Earnings Call
Today is shaping up negative for Host Hotels & Resorts, Inc. (NYSE:HST) shareholders, with the analysts delivering a...
Host Hotels' (HST) Q1 results reflect the adverse impact of the coronavirus pandemic which has significantly hurt lodging demand.
Today is shaping up negative for Host Hotels & Resorts, Inc. (NYSE:HST) shareholders, with the analysts delivering a...
Hilton's CFO Kevin Jacobs weighs in on the outlook for hotels struggling from the COVID-19 pandemic.
Bye-bye hotel buffet, said Aimbridge Hospitality CEO Dave Johnson.
Before we begin please note that none of the comments made today are considered to be forward-looking statements under Federal Securities Law. As described in our filings with the SEC, these statements are subject to numerous risks and uncertainties that could cause future results to differ from those expressed, and we are not obligated to publicly update or revise these forward-looking statements.
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Yahoo Finance speaks with Hilton CEO Christopher Nassetta about the road ahead for the hotel giant post coronavirus.
Investors need to pay close attention to Host Hotels & Resorts (HST) stock based on the movements in the options market lately.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
After last month's selloff driven by the novel coronavirus, many stocks remain far below their 52-week highs. And not just more vulnerable companies. High-quality names like Hilton Worldwide (NYSE:HLT), too. With HLT stock down more than 38% since February, it's obvious investors still believe the hotel giant is not out of the woods yet.Source: josefkubes / Shutterstock.com However, Wall Street is overestimating how long this crisis will last. Sure, things may be tough for a few months. But, based on the current valuation, investors keep pricing in an extended world of hurt for the hotel franchisor.Recovery will come sooner than you think. And with that, travel will pick up, quickly. Whether traveling for business or pleasure, things will rebound once the pandemic is in the rearview mirror. Once that happens, Hilton stock will bounce back to past price levels.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo, why buy now? To put it simply, now's the "darkest before the dawn" moment. Sure, we've seen some recovery. But, fear and uncertainty remain to plague the markets. Don't use this as an excuse to stay on the sidelines. Now's the time to buy high-quality names like HLT stock, before they bounce back to past highs. Hilton Will Survive Today's HeadwindsIt's no surprise the past two months have been tough for the hotel business. And that's the case for Hilton. The chain saw their RevPAR (revenue per available room) decline 56% in the month of March. I don't expect April numbers to be much stronger.This should be no surprise. Around 16% of its hotels have been temporarily closed. The hotels that do remain open face a tough time filling rooms. No surprise there, given that business travel has come to a standstill, and leisure travelers are having second thoughts about their summer vacation plans. * 7 U.S. Stocks to Buy on Coronavirus Weakness But we're not buying HLT stock based on this month's, or even next month's results. We're looking at a longer time horizon. Once "stay-at-home" orders are lifted, and tourist spots like Las Vegas open up again, expect things to return to normal sooner than "doom and gloom" headlines indicate.As I wrote earlier this month, I'm surely not the only one with cabin fever right now. If anything, the "stay at home" economy has millions yearning to take a vacation once again.In short, the underlying demand remains. Once the floodgates open up for business-as-usual, expect things to rebound with a vengeance.Yet, things may not be equal across all travel-related stocks. So, what makes Hilton a stronger buy than other opportunities? Why I Choose Hilton Stock Above Other Hotel PlaysThere are many ways to bet on travel demand returning to normal. Why choose Hilton as your way to play this?Firstly, you need an opportunity that offers the potential upside (share price rebounding to past highs), with minimal downside risk (shares continue to tumble due to losses). In this situation, a hotel franchisor like Hilton is going to be a better buy than say, a hotel real estate investment trust like Host Hotels and Resorts (NYSE:HST).Yes, Hilton is going to see some affects to its bottom line due to the pandemic. But their losses are limited compared to those of hotel REITs like Host. This means hotel franchisor stocks offer you a better proposition.Secondly, if we are considering hotel franchisors over hotel REITs, we need to find the "best-in-class" play. The criteria? Financial strength, as well as solid growth fundamentals. Considering these factors, Hilton is a stronger play than its main rival, Marriott (NASDAQ:MAR).This hotel industry analyst agrees, pointing out Hilton's strengths relative to Marriott in a recent research note. Not only with regards to balance sheet (Hilton has stronger liquidity than its rival), but their "growth and cash flow profile" as well.Facing relatively less impact from the coronavirus, while at the same time offering potential stock price upside when things turnaround, Hilton stock offers the best of both worlds. Consider it your best option to bet on an inevitable travel economy recovery. Bottom Line on HiltonDespite its relative strengths to other hotel names in the wake of coronavirus, Hilton shares remain far below prior price levels. Yes, shares have recovered since late March. Since then, the stock has rallied from prices below $45 per share to around $70 per share today. Yet, this is far below where it was trading back in February (above $110 per share).As shares recover, and Wall Street starts pricing in a travel economy recovery, don't expect this discount to last. Buy Hilton stock now, before a business travel and tourism rebound sends shares back to prior highs.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. Matt does not directly own the aforementioned securities. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post Hilton Stock Is Worth a Buy Before Shares Bounce Back appeared first on InvestorPlace.
Host Hotels' (HST) Q1 results to reflect the adverse impact of the coronavirus pandemic with reduced travel demand and group-business cancellations.
Host Hotels & Resorts, Inc. (HST), the nation's largest lodging real estate investment trust (the "Company"), today announced, consistent with its prior disclosure in its Notice of Annual Meeting of Stockholders and Proxy Statement, that, due to the emerging public health impact of the global coronavirus (COVID-19) outbreak and to support the health and well-being of its stockholders, employees, directors and communities, the Company’s 2020 annual meeting of stockholders (the “Annual Meeting”) has been changed to be held in a virtual-only meeting format. Further information regarding this change to the location of the Annual Meeting can be found in the definitive additional soliciting materials filed by the Company with the Securities and Exchange Commission on April 14, 2020.
Yahoo Finance talks with Hilton CEO Christopher Nassetta about the state of the hotel industry amidst the coronavirus pandemic.
The latest analyst coverage could presage a bad day for Host Hotels & Resorts, Inc. (NYSE:HST), with the analysts...
Fed's rate cut brings REITs on forefront as these are often treated as bond proxies. Also, investors become optimistic thanks to lower borrowing costs, but not all REITs are immune to virus' impact.