Marriott Vacations to Purchase ILG
The American resort company Marriott Vacations (NYSE:VAC) announced Monday that they would be purchasing ILG, Inc. (NASDAQ:ILG).
Marriott Vacations will be buying ILG, a Florida-based timeshare company, for approximately US $4.7 billion.
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Hilton Holdings Shares Being Sold By HNA Tourism
Nearly 63 million shares of Hilton Worldwide Holdings (NYSE:HLT) will be sold by its major stakeholder HNA Tourism Group.
China-based HNA Tourism is selling its stake in Hilton in an attempt to restructure …
Mattel Buyout On The Horizon?
Toymaker Mattel, Inc. (NASDAQ:MAT) shares in November jumped up 29.2 percent, according to S&P Global Market Intelligence. This spike is due to news that broke of Hasbro, Inc. (NASDAQ:HAS) approaching the smaller company about a …
Caesars Entertainment to Sell Harrah’s Las Vegas Venue to VICI Properties for $1.14B
Caesars Entertainment Corporation (NASDAQ:CZR) has disclosed that it will be selling its Harrah’s Las Vegas venue to a local real estate firm (VICI Properties Corporated) for $1.14 billion before leasing the venue back for roughly …
TripAdvisor Shares Plunged More Than 18% Today, Here’s Why
As Airbnb continues to compete for vacation customers, online bookings have suffered tremendously. TripAdvisor, Inc. (NASDAQ:$TRIP) is no exception – the online travel firm saw its shares plunge Tuesday after warning investors about future results …
Investors Get Ready to Leave as Mattel Inc. Shares Drop 15%
Any topic which includes popular brands such as Barbie, Hot Wheels, and Fisher-Price cannot be a discouraging topic. Unfortunately, this could not be further from the truth for the investors of Mattel Inc. (NASDAQ:$MAT) as …
Travel Industry Looking To Ramp Up Caribbean Promotion To Remind Consumers Of Islands Safe From Recent Hurricanes
The travel industry is desperately trying to ramp up promotion as business drops due to a string of high profile hurricanes. The industry is looking to remind people that many Caribbean islands were unaffected by …
After Las Vegas Attack, Analyst Downgrades MGM Resorts International
After the horrific attack in Las Vegas, Susquehanna Financial Group downgraded MGM Resorts International (NYSE:$MGM) and cut its price forecast on the casino resort operator’s shares. However, Susquehanna Financial Group remains positive on the company …
If You Want to Invest In Expedia, Don’t Favor Short-Term Profit Over Long-Term Growth
While the stock market is repleted with favoritism for short-term focus over long-term growth, that mentality is not without merit. In most cases, management teams are driven by their concern with the stock price to …
Here’s Why Trivago Stock Plummetted Today
As of early morning trading Wednesday, Trivago (NASDAQ:$TRVG) shares were down more than 23%. Prior to that, the company saw a third-quarter and full-year results report that are lower than expectations.
It is …