Hotel Stocks Worth Watching – August 18th

Booking, Carnival, and Soho House & Co Inc. are the three Hotel stocks to watch today, according to MarketBeat’s stock screener tool. Hotel stocks are shares of publicly traded companies that own, operate or franchise lodging properties. They give investors direct exposure to the hospitality sector’s performance, which depends on metrics like occupancy rates, average daily room rates and revenue per available room. Because travel demand and tourism trends tend to fluctuate with economic cycles, hotel stocks often exhibit cyclical behavior in line with broader consumer spending and business travel patterns. These companies had the highest dollar trading volume of any Hotel stocks within the last several days.

Booking (BKNG)

Booking Holdings Inc, formerly The Priceline Group Inc., is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.

Shares of Booking stock traded up $62.68 during midday trading on Monday, reaching $5,516.97. The company had a trading volume of 81,803 shares, compared to its average volume of 249,452. The stock has a fifty day moving average price of $5,558.84 and a 200 day moving average price of $5,126.10. The firm has a market cap of $178.80 billion, a PE ratio of 38.37, a P/E/G ratio of 1.57 and a beta of 1.41. Booking has a fifty-two week low of $3,610.44 and a fifty-two week high of $5,839.41.

Carnival (CCL)

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.

Shares of Carnival stock traded up $0.23 during midday trading on Monday, reaching $29.99. The company had a trading volume of 9,282,124 shares, compared to its average volume of 23,776,045. The stock has a fifty day moving average price of $27.91 and a 200 day moving average price of $23.78. The company has a debt-to-equity ratio of 2.58, a current ratio of 0.34 and a quick ratio of 0.30. The firm has a market cap of $35.00 billion, a PE ratio of 16.20, a P/E/G ratio of 0.67 and a beta of 2.70. Carnival has a fifty-two week low of $15.07 and a fifty-two week high of $31.01.

Soho House & Co Inc. (SHCO)

Shares of Soho House & Co Inc. stock traded up $1.16 during midday trading on Monday, reaching $8.80. The company had a trading volume of 23,056,938 shares, compared to its average volume of 502,249. Soho House & Co Inc. has a fifty-two week low of $4.60 and a fifty-two week high of $8.88. The stock has a fifty day moving average price of $6.98 and a 200 day moving average price of $6.63. The firm has a market cap of $1.72 billion, a PE ratio of -29.32 and a beta of 0.66.