Travel Stocks

A new brand that has transformed and disrupted the hotel industry called Selina announced a SPAC deal Thursday. Benzinga breaks down the SPAC deal and shares thoughts from the man behind the SPAC taking the company public. The SPAC Deal: Selina is going public via a SPAC merger with BOA Acquisition...

The largest business-to-business travel platform is going public via SPAC merger announced Friday morning. The SPAC Deal: American Express Global Business Travel (GBT) announced a SPAC deal with Apollo Global Management Inc (NYSE: APO)-backed SPAC Apollo Strategic Growth Capital (...

A SPAC announced a merger Tuesday to bring several hospitality websites public. Here are the details of the merger and how the company could be a reopening play. The SPAC Deal: HotelPlanner and Reservations.com will merge with Astrea Acquisition Corp (NASDAQ: ASAX). The deal values the combined...

Hotel-deal booking specialists HotelPlanner and Reservations.com are close to signing a merger deal and go public via Astrea Acquisition Corp (NASDAQ: ASAX), a special purpose acquisition company, The Wall Street Journal reported on Monday.  What Happened: The deal estimated to be valued at $...

Did Goldilocks find the right bed with the July Labor Department’s strong jobs report? Fed Chairman Powell has said in the past that the Fed will need to see solid jobs growth before it starts to taper. Although we won’t know what the Fed might be thinking, this month’s jobs...

The market took a rough ride through the recent past Monday, crumbling under the weight of Covid as the virus quickly spread in the U.S. and across the world. The Delta variant raised questions about the strength of the recovery, and stocks that stood to benefit most from an economic revival—...

Luxury travel subscription company Inspirato announced a SPAC deal Wednesday. The SPAC Deal: Inspirato is going public with Thayer Ventures Acquisition Corp (NASDAQ: TVAC) valuing the company at an enterprise value of $1.1 billion. The company will trade as ticker "ISPO" on the...

Investors could be looking for the hottest sectors to invest in for the second half of 2021. One way to play the hot sectors is to invest in ETFs, or exchange-traded funds, to get exposure to many stocks in one sector that could benefit. Here is a look at five ETFs that could have a strong second-...

Airbnb Inc (NASDAQ: ABNB) is positioned to capture more travel share as its powerful network effect spreads through word of mouth advertising, repeat bookings and bookers turning into hosts amid the pandemic roiled-demand, according to Needham. The Airbnb Analyst: Needham analyst Bernie Mcternan...

The home rental company Airbnb reported its first earnings as a public company Thursday in the wake of a pandemic that has upended the travel industry.  What Happened: Airbnb Inc (NASDAQ: ABNB), which went public in 2020, reported fourth-quarter and full fiscal 2020 earnings. The company...

E-commerce and online media companies benefited from multiple expansions throughout 2020 and online travel agency stocks should benefit from similar trends in 2021, according to BofA Securities. The Analyst: Justin Post upgraded Expedia from Neutral to Buy with a price target lifted from $132...

The market’s a hungry beast and the Fed gave it something to eat, but it hasn’t been satiated yet. Stocks resumed their downhill slide Tuesday and 10-year yields dropped below 1% for the first time ever after the Fed surprised with an emergency 50-basis point easing. Stocks initially...

TripAdvisor, Inc. (NASDAQ: TRIP), a popular travel guide and research website, had two main questions on its agenda during Thursday's earnings call. One addressed the impact of the coronavirus outbreak and the other was regarding the competition. Although traveling to Asia does not make a large...

Expedia (NASDAQ: EXPE) has missed analysts' expectations both when it comes to revenue and earnings per share. But Diller and Kern who are running the boat now vowed to execute $300 million to $500 million cost cuts during 2020 along with pledging double-digit adjusted EBITDA growth. And Wall...

Shares of Tripadvisor Inc (NASDAQ: TRIP) lost more than 3 percent Monday morning and hit a new 52-week low of $36.75, before proceeding even lower, after analysts at Credit Suisse explained in a downgrade note why the stock still has "room to trip" lower. Credit Suisse's Paul Bieber downgraded...