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AirBnB On Steroids: New Startup Is Changing Luxury Travel
Monday, December 19, 2016 - 12:29pm | 577There has been no shortage of alternative accommodations since the rise of the sharing economy. Hospitality platforms AirBnB and Expedia Inc (NASDAQ: EXPE) HomeAway have made it easy for travelers to avoid the standard hotel experience. A new startup is disrupting the industry even further in the...
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Hospitality Sector Under Pressure Following Q3 Sales Miss From Hilton
Wednesday, October 26, 2016 - 3:23pm | 497Shares from the hospitality sector came under pressure Wednesday after Hilton Worldwide Holdings Inc (NYSE: HLT) provided a downbeat earnings forecast for the fourth quarter following a sales miss in the third quarter. Two other companies have also offered downbeat outlooks. On back of the...
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UPDATE: MLV Initiates Coverage On Ashford
Friday, December 19, 2014 - 11:01am | 192Ryan Meliker of MLV & Co initiated coverage of Ashford Inc. (NYSE: AINC) on Friday with a Buy rating and $110 price target. “Our Buy rating is driven by our confidence in management's ability to grow assets under management, which in turn will growth Ashford's earnings per...
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MaryJane Group CEO Joel Schneider Discusses The Cannabis Hospitality Business
Tuesday, July 8, 2014 - 1:32pm | 556For all the talk about marijuana as a business, it's still a business geared towards people enjoying themselves. And the MaryJane Group (OTC: MJMJ) considers itself the cannabis industry's leading hospitality firm. The company provides Colorado-based businesses with marketing,...
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Major Data Breach Reported At Several Hotel Chains
Monday, February 3, 2014 - 2:48pm | 542There's word of another major corporate security breach – this one involving several high-profile hotel chains. According to Brian Krebs, an independent computer security reseacher and former Washington Post reporter, a company that maintains hotel franchises in several national brands –...
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How Agilysys is Ready, After a Series of Acquisitions and Dispositions
Thursday, November 21, 2013 - 5:34pm | 582Insiders have bought tens of thousands of shares of Agilysys (NASDAQ: AGYS) this year, deeming further research worthy. Agilysys’ core business is developing software to streamline procedures and boost guest experiences in the hospitality and retail industries. The company also generates...