This Morning's Technical Outlook on Lodging Stocks -- Ctrip.com, Extended Stay America, Park Hotels & Resorts, and Hilton
NEW YORK, December 14, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on CTRP, STAY, PK, and HLT which is a click away at http://www.wallstequities.com/registration. Today, WallStEquities.com concentrates on the recent performance of Ctrip.com International Ltd (NASDAQ: CTRP), Extended Stay America Inc. (NYSE: STAY), Park Hotels & Resorts Inc. (NYSE: PK), and Hilton Worldwide Holdings Inc. (NYSE: HLT). Properties in the Lodging industry can go from the smallest overnight stay motel to mammoth Las Vegas-style properties that offer almost every sector of related goods and services in the Hospitality industry, along with other amenities. With Wall St. Equities' free research reports get an edge over stock markets, sign up now at:
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Ctrip.com International
Shanghai, China headquartered Ctrip.com International Ltd's shares gained 0.58%, closing Wednesday's trading session at $43.59. The stock recorded a trading volume of 4.75 million shares. The Company's shares have advanced 8.98% since the start of this year. The stock is trading 10.19% below its 50-day moving average. Additionally, shares of Ctrip.com have a Relative Strength Index (RSI) of 27.34.
On December 07th, 2017, research firm JP Morgan downgraded the Company's stock rating from 'Overweight' to 'Neutral'.
On December 07th, 2017, Ctrip.com announced that it will hold its 2017 annual general meeting of shareholders on December 21st, 2017, at 16:00 Shanghai/Hong Kong Time at Building 16, Sky SOHO, 968 Jin Zhong Road, Shanghai 200335, China. The meeting will serve as an open forum for shareholders and beneficial owners of Ctrip.com's American depositary shares to discuss Company affairs with management. Our free and thorough report on CTRP awaits you at:
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Extended Stay America
On Wednesday, shares in North Carolina headquartered Extended Stay America Inc. recorded a trading volume of 2.99 million shares, which was above their three months average volume of 2.24 million shares. The stock rose 3.26%, ending the day at $17.76. The Company's shares have advanced 5.28% in the past month and 9.97% on an YTD basis. The stock is trading below its 200-day moving average by 3.67%. Furthermore, shares of the Company have an RSI of 50.78.
On November 27th, 2017, Extended Stay America (STAY) announced that a recent survey conducted by the Company and Kelton Global revealed that 36% of Americans will hit the road this holiday season; 27% view pets as family members that should be included in all holiday festivities; and 40% of traveling pet owners feel guilty about leaving their pet behind this time of year. Consequently, the Company announced that pets can join the family fun and will stay for free at STAY hotels when guests book through http://www.esa.com/holiday before Sunday, December 31st, 2017.
On December 13th, 2017, research firm JP Morgan upgraded the Company's stock rating from 'Neutral' to 'Overweight'. STAY's complimentary research coverage is a few simple steps away at:
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Park Hotels & Resorts
Virginia-based Park Hotels & Resorts Inc.'s stock finished the day 0.14% higher at $28.32 with a total trading volume of 1.37 million shares. The Company's shares have advanced 3.28% in the previous three months and 4.76% on an YTD basis. The stock is trading above its 200-day moving average by 4.69%. Additionally, shares of the Company have an RSI of 43.81.
On November 28th, 2017, Park Hotels & Resorts (PK) announced that certain selling stockholders affiliated with The Blackstone Group L.P. have informed the Company that they have agreed to sell 16,830,000 shares of PK's common stock in privately negotiated transactions pursuant to its effective shelf registration statement. PK did not offer any shares of common stock in this transaction and will not receive any proceeds from the sale of shares by the selling stockholders. Register for your free research report on PK at:
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Hilton Worldwide Holdings
Shares in Virginia headquartered Hilton Worldwide Holdings Inc. ended yesterday's session 0.32% lower at $76.75. The stock recorded a trading volume of 2.15 million shares, which was above its three months average volume of 2.12 million shares. The Company's shares have advanced 5.69% in the last one month, 15.38% over the previous three months, and 37.53% since the start of this year. The stock is trading 4.81% and 18.14% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Hilton Worldwide have an RSI of 59.02.
On December 11th, 2017, Hilton Worldwide celebrated the opening of Tru by Hilton Las Vegas Airport, marking a number of milestones for the brand, including its eighth US hotel, its largest location, and its westernmost property to-date. Managed by Dallas-based Prism Hotels & Resorts, Tru by Hilton Las Vegas Airport is located less than three miles from the Vegas Strip, offering access to some of US most exciting restaurants and tourist attractions. Wall St. Equities' downloadable research report on HLT available at:
http://www.wallstequities.com/registration/?symbol=HLT
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