Hotel Companies See Boost Amid Q4 Earnings
Hotel giant Marriott International beat estimates for its fourth-quarter earnings but disappointed on first-quarter guidance. Wyndham Hotels reported strong results, while Hyatt announced a deal to buy Playa Resorts for $2.6 billion. Shares of hotel companies are near buying points, driven by renewed technical strength. The stock market saw gains in the S&P 500 and … Read more