Stock Price Movement: Last week, major U.S. equity indexes climbed overall: Dow (+1.7%) and S&P 500 (~+0.9%), with the Nasdaq up ~0.8%, though they pulled back slightly on Friday after reaching fresh highs on rate-cut optimism. The coverage universe moved from -3.1% to +7.7%. Expedia up 7.7%
Key events during the previous week:
Accor Hotels: Accor considers IPO for Ennismore lifestyle hotels
Marriott Hotels: Marriott Q2 RevPAR rises 1.5% due to strong global markets
Hyatt Hotels: Hyatt reports solid revenue growth in the second quarter
Vail Resorts: Vail Resorts lowers lift ticket prices for friends of Epic Pass holders
Expedia: Expedia stock jumps as travel company beats q2 estimates, raises guidance
Booking.com: European hotels to sue Booking.com over ‘illegal’ best price clauses
Trip.com: South Korea visa waiver spurs surge in travel interest; Korean Air forms strategic partnership with Chinese tourism giant Ctrip; Chinese airports experience surging passenger traffic during summer peak
Ryanair: Ryanair says summer bookings remain strong, fares holding up
Airports of Thailand: AOT Records THB3.8 Billion of Net Profit in FY3Q25 amid Drop in Duty-Free and Service Income
Sabre: Weaker corporate demand leads to Sabre Q2 bookings decline