|Bid||135.80 x 800|
|Ask||135.86 x 800|
|Day's Range||133.78 - 135.98|
|52 Week Range||108.11 - 144.00|
|Beta (3Y Monthly)||0.94|
|PE Ratio (TTM)||33.44|
|Earnings Date||Oct 23, 2019 - Oct 28, 2019|
|Forward Dividend & Yield||1.36 (1.02%)|
|1y Target Est||155.11|
Marriott International's aggressive portfolio growth strategy is fueled by company ambitions to make its Bonvoy loyalty program as complete as it can be. Speaking at the 2019 Skift Global Forum in New York City Thursday, Marriott Chief Financial Officer Leeny Oberg referred to Bonvoy as the perfect anecdote to lure customers into existing and pending […]
Expedia Group is hoping that this year's rebranding of its home rental business Vrbo will accelerate the unit's growth. The marketing push is coming as the rivalry heats up among it and other booking services for apartments, homes, and hotel rooms. Mark Okerstrom, president and CEO of Expedia Group, wore a t-shirt branded Vrbo on […]
Airbnb said on Thursday that it intends to go public in 2020, ending much speculation about the timing of one of the most-anticipated IPOs in travel. The news came after Airbnb said Wednesday it generated revenue of more than $1 billion in the second quarter of its 2019 financial year — the second time in […]
As Chinese online travel agency Ctrip gets set to change its name to Trip.com Group Ltd. next month, the company — and the world — may not be fully aware of the very hot-and-cold history of the brand under a half dozen or so owners over 23 years. The hit-or-miss track record of companies using […]
Bethesda’s Marriott International Inc. (NASDAQ: MAR) has inked a deal with Expedia Group Inc. (NASDAQ: EXPE) to become the exclusive distributor of Marriott’s wholesale rates. As “global optimized distributor,” Expedia Group will become the sole gateway of Marriott’s wholesale rates, availability and content to a massive network of global travel providers, per a release. The “single gateway solution” will “provide a consistent and reliable shopping experience for travelers, ensuring accurate display of hotel descriptions, room rates and fees through known and trusted third party travel providers,” per a release issued jointly by Marriott and Expedia.
BELLEVUE, Wash. and BETHESDA, Md. , Sept. 17, 2019 /PRNewswire/ -- Expedia Group (NASDAQ: EXPE) and Marriott International (NASDAQ: MAR) today announced that as part of a new agreement signed in April ...
Both Priceline and Hotwire travel booking sites are easy to use and becoming more similar. Priceline seems to list more options and uses opaque pricing for both hotels and flights. Hotwire's opaque pricing is limited to hotels but is more transparent.
The Chicago-based carrier had threatened to withhold ticket fare data from the travel website company starting later this month, but all appeared to be forgiven on Monday.
BELLEVUE, Wash., Sept. 16, 2019 /PRNewswire/ -- Whether you're planning a once-in-a-lifetime vacation or a casual weekend getaway, navigating the travel world can be complex. Hosted by Global Director of Public Relations for Brand Expedia, Nisreene Atassi, the podcast gives listeners the inside scoop on all facets of travel. Subscribers will get a chance to hear directly from the pros like travel blogger and influencer, Courtney Scott, and astrology queens, The AstroTwins to make your next vacation a breeze.
BELLEVUE, Wash. and CHICAGO, Sept. 16, 2019 /PRNewswire/ -- Expedia Group announces today that it has signed a new, multi-year agreement with United Airlines, which operates flights to nearly 360 destinations ...
The UK’s Competition and Markets Authority back in February managed to get a handful of brands owned by Expedia Group and Booking Holdings to change how they displayed information to consumers searching for accommodation online. Essentially it was concerned about hate-selling through techniques such as hidden charges, and ordered them to sort it out. The […]
HQ Commute Manager Melanie Truhn was hired in September 2015, about five months after Expedia closed on the property for its Interbay headquarters.
Amid the warnings of public disorder, food shortages, and transport delays in the event of a no-deal Brexit, data flow disruptions might seem like a trivial thing to worry about. But given the interconnectedness of the European online world, it is worth considering just what kind of impact this might have, especially on the travel […]
Expedia (EXPE) offers $1.25 billion of senior unsecured notes. This move will help the company bring down the cost of capital, thereby strengthening the balance sheet.
BELLEVUE, Wash., Sept. 11, 2019 /PRNewswire/ -- Today, Expedia Group, Inc. ("Expedia Group") announced that it has agreed to sell $1.25 billion aggregate principal amount of unsecured 3.25% senior notes due 2030 (the "Notes") in a private offering. The Notes will be guaranteed by certain subsidiaries of Expedia Group. Expedia Group expects to use the net proceeds from the offering for general corporate purposes, which may include, but are not limited to, (i) repayment, prepayment, redemption or repurchase of Expedia Group's indebtedness and (ii) working capital, capital expenditures and acquisitions.
Moody's Investors Service ("Moody's") assigned a Baa3 rating to the proposed senior unsecured notes issuance of Expedia Group, Inc. ("Expedia Group"). With the proposed debt issuance, Expedia Group's adjusted debt to EBITDA will remain below 2.3x (pro forma for repayment of the 5.95% senior notes due August 2020).
BELLEVUE, Wash., Sept. 11, 2019 /PRNewswire/ -- Today, Expedia Group, Inc. ("Expedia Group") announced that it is commencing a private offering of senior unsecured notes (the "Notes"), subject to market and other conditions. If the offering is consummated, Expedia Group expects to use the net proceeds from the offering for general corporate purposes, which may include, but are not limited to, (i) repayment, prepayment, redemption or repurchase of Expedia Group's indebtedness and (ii) working capital, capital expenditures and acquisitions. General corporate purposes may also include, without limitation, dividends, stock repurchases, investments and advances to or other investments in Expedia Group's subsidiaries. The Notes will be offered and sold only to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States pursuant to Regulation S under the Securities Act of 1933.
What happens when a disrupter goes broke? We may be about to find out. Uber (NASDAQ:UBER), which redefined the global taxi business as a private company, has lost nearly one-third its value since going public. Uber stock is not coming back soon.Source: Shutterstock Uber lost $5.24 billion, $4.71 per share, on revenue of $3.17 billion for the quarter that ended in June. Analysts expect the ride-sharing technology company to lose another 83 cents per share, over $920 million, for the September quarter, on revenue of $3.74 billion.The balance sheet in June showed Uber with cash of $11.88 billion. In theory that's enough to survive for almost three years, if the cash burn can be held down to expected levels.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut can it? Investors are starting to bet it can't. A Closer Look at Uber StockOf roughly seven million shares per day currently traded in Uber 33%, are being sold short. By way of comparison, the comparable figure for Tesla (NASDAQ:TSLA), long one of the most popular shorts on the market, is 12%. * 7 Deeply Discounted Energy Stocks to Buy Short interest can hold a stock's price up because shorts are borrowing the shares they've sold and must at some point buy them back. Almost any sign of good news, even the absence of bad news, can trigger a "short squeeze." The stock price rises and the loans used to sell shares get called in.An upside surprise next month could cause a dramatic jump in Uber's stock price. But if you're betting on that the odds don't look good right now. Driver Liabilities and Uber StockUber profit depends on either paying drivers less or getting more from riders and neither seems likely. Uber faces competition with Lyft (NASDAQ:LYFT) against any price rise. Customers have learned to organize and arbitrage the services against one another. The California legislature, meanwhile, is fighting to raise Uber's driving costs. AB5 would reclassify drivers in that state from contractors to employees. It could be signed as early as this week.Uber wants to be exempt. It promises an initiative campaign against the law if it's not. But an initiative can't happen until next year. Drivers are still classed as contractors under federal labor law but are working in other large markets, like New York and Chicago, for better conditions.Labor peace isn't around the corner. Old-World Problems and Uber StockUber is fighting its problems in a 19th century way.It already has a program to help drivers get cars, and is now interested in offering them payday loans, as Walmart (NYSE:WMT) already does. Existing payday lenders already target drivers, especially when their cars need repair.The difference is that Walmart is loaning money to employees. Uber's loans would be going to contractors. Critics say this could make Uber drivers into indentured servants, digital sharecroppers forced to keep working to get out of debt with interest they can't pay back.On top of this comes a book from New York Times reporter Mike Isaac charging that Uber's corporate culture doomed it to failure.Super Pumped claims Uber's "safe rides fee" delivered nothing but cash into the company's pocket. Isaac says Uber routinely puts female drivers in danger and covers up sexual abuse by executives. The Bottom Line on Uber StockCEO Dara Khosrowshahi, who joined from Expedia (NASDAQ:EXPE) two years ago, has been unable to lift Uber's reputation so far.Uber's problems may help investors obtain better pricing on coming IPOs like WeWork and Peloton. Funds that specialize in newly-public companies have big winners like Spotify (NASDAQ:SPOT), Roku (NASDAQ:ROKU) and Beyond Meat (NASDAQ:BYND) to cover up Uber's pain. They seem resigned to a loss on Uber.Dana Blankenhorn is a financial and technology journalist. He is the author of the mystery thriller, The Reluctant Detective Finds Her Family, available at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 3 Artificial Intelligence Stocks to Buy * 7 Industrial Stocks to Buy for a Strong U.S. Economy * 3 Beaten-Down Bank Stocks to Buy and Hold for the Long Term The post Uber Stock Is Barreling Toward Worthlessness Without a Turnaround Plan appeared first on InvestorPlace.
Across the mutual fund industry (and sometimes with exchange-traded funds as well), revenue sharing is a problem. Quietly, mutual fund companies pay outside parties that help them grow their businesses with shareholder assets. Revenue sharing occurs within 401(k)s, when fund companies cover a plan's administration costs.
Moody's Investors Service has assigned a Aaa underlying rating to Bellevue School District 405 (King County), Washington's $89.4 million Unlimited Tax General Obligation Bonds, 2019. Concurrently, we assigned the Aaa enhanced rating of the Washington State School Bond Guarantee Program (Aaa stable) to the 2019 bonds.
Expedia Group hasn't pulled off a major acquisition since buying HomeAway for $3.9 billion in 2015, but in thinking about the intervening years, the company's chief financial officer made it clear Expedia won't sit idly by with piles of cash. The issue basically comes down to doing share repurchases or making acquisitions, and the company's […]
New Airbnb settlements with Boston and Miami Beach legitimize alternative accommodations in those cities, but also give the homesharing giant new leverage over competitors. Airbnb settled with the two cities to provide hosts' information and to delist those who aren't registered, and the Boston agreement also notably requires "fairness across platforms." This entails efforts to […]
Everything eventually comes full circle, right? Alternative accommodations is a large and complex opportunity for Booking Holdings, and it's ironic that in one sense the company's homesharing push is turning its business model back toward what it was during the first dozen years of its existence. That's because beginning last year and into the first […]