NEW YORK, September 14, 2016 /PRNewswire/ --
Over the last five years, the global Lodging industry has seen robust growth due to a steady rise in international travel rates and a boom in global tourism. As per IBISWorld's Global Hotels & Resorts global market research report dated June 2016, the segment is anticipated to continue its upward climb in the next five years. Stock-Callers.com reviews the following trades and see how well they performed in recent weeks: Expedia Inc. (NASDAQ: EXPE), Wyndham Worldwide Corp. (NYSE: WYN), Belmond Ltd (NYSE: BEL), and Extended Stay America Inc. (NYSE: STAY). These stocks research reports can be downloaded now by simply registering for free at: http://stock-callers.com/registration
Bellevue, Washington headquartered Expedia Inc.'s stock finished Tuesday's session 1.77% lower at $111.56 with a total trading volume of 1.16 million shares. The Company's shares have advanced 6.49% over the previous three months. The stock is trading above its 200-day moving average by 0.56%. Furthermore, shares of Expedia, which together with its subsidiaries, operates as an online travel company in the US and internationally, have a Relative Strength Index (RSI) of 45.86.
On September 1st, 2016, Reuters reported that Expedia is preparing to list its Trivago hotel search platform through an initial public offering that could value it at more than $1 billion. As per the article, Expedia has asked banks to pitch for roles in an initial public offering, which will likely take place in the US later this year or early in 2017.
Your complete research report on EXPE can be retrieved for free at: http://stock-callers.com/registration/?symbol=EXPE
On Tuesday, shares in Parsippany, New Jersey headquartered Wyndham Worldwide Corp. ended the session at $66.81, down 1.43%. The stock recorded a trading volume of 844,739 shares. The Company's shares have gained 0.72% in the previous three months. The stock is trading 4.97% below its 200-day moving average. Moreover, shares of Wyndham Worldwide, which provides hospitality services and products to individual consumers and business customers worldwide, have an RSI of 29.25.
On September 14th, 2016, RCI, the global leader in vacation exchange and part of the Wyndham Worldwide family of brands, announced that it added more than 70 new properties to its affiliate exchange network during the first half of 2016. The new affiliations include resorts in Asia, the Caribbean, Europe, India, Latin America and North America. WYN free report is just a click away at: http://stock-callers.com/registration/?symbol=WYN
Hamilton, Bermuda-based Belmond Ltd's stock ended yesterday's session 0.43% lower at $11.65 with a total trading volume of 421,889 shares. The Company's shares have advanced 3.10% in the past one month, 26.49% in the previous three months, and 22.63% on an YTD basis. The stock is trading 4.04% above its 50-day moving average and 20.14% above its 200-day moving average. Additionally, shares of Belmond, which together with its subsidiaries, engages in hotel and travel businesses, have an RSI of 58.60.
On August 3rd, 2016, Belmond reported that total revenue for Q2 2016 was $158.1 million, a $4.7 million, or 3%, decrease from total revenue for Q2 2015. The company noted that same store RevPAR for owned hotels for Q2 2016 decreased 1% from the prior-year's quarter on a constant currency basis. Net earnings attributable to Belmond for Q2 2016 were $8.4 million ($0.08 per common share), a $7.0 million, or 45%, decrease from $15.4 million ($0.15 per common share) for Q2 2015. Sign up for your complimentary research report on BEL at: http://stock-callers.com/registration/?symbol=BEL
Extended Stay America
At the close on Tuesday, shares in Charlotte, North Carolina headquartered Extended Stay America Inc. recorded a trading volume of 337,978 shares. The stock finished 1.42% lower at $13.91. The Company's shares are trading below their 200-day moving average by 3.48%. Furthermore, shares of Extended Stay America, which develops, owns, and operates hotels in the US and Canada, have an RSI of 40.35.
On August 5th, 2016, Extended Stay America announced that its subsidiary, ESH Hospitality, Inc. ("ESH REIT"), is seeking to raise new senior secured credit facilities, including a new $350 million revolving credit facility to replace its existing $250 million revolving credit facility and a new $1.3 billion term loan. In addition, the Company intends to enter into a new $50 million revolving credit facility to replace its existing $50 million revolving credit facility. ESH REIT expects to use the proceeds from the Term Loan, together with cash and borrowings under the new ESH REIT revolving credit facility, to repay in full its existing approximately $1.5 billion mortgage loan and to pay related fees and expenses. Register for free on Stock-Callers.com and download the latest research report on STAY at: http://stock-callers.com/registration/?symbol=STAY
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer/
CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: firstname.lastname@example.org Phone number: +44 330 808 3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA