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MAR - Marriott International Inc News Story

$148.48 -1.0  -0.6%

Last Trade - 09/04/21

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £35.26bn
Enterprise Value £42.19bn
Revenue £7.71bn
Position in Universe 260th / 6827

BUZZ-Travel stocks, energy shares surge as re-opening trade plays out

Wed 24th February, 2021 4:29pm
** The S&P 1500 airlines index  .SPCOMAIR  jumps about 4.3%,
rising for the fourth straight session, as a global vaccination
drive prompts investors to pour into beaten down tourism stocks 
    ** Adding to positive sentiment, the staff reviewers at U.S.
Food and Drug Administration said Johnson & Johnson's  JNJ.N 
one-shot COVID-19 vaccine appeared safe and effective in trials,
paving the way for its approval for emergency use  urn:newsml:reuters.com:*:nL4N2KU407
    ** Vaccinations give hope that more travel will be allowed
    ** SPCOMAIR is up about 34% in Feb, set for its best monthly
performance on record 
    ** American Airlines  AAL.O , Alaska Air Group  ALK.N ,
Southwest Airlines  LUV.N , United Airlines Holdings  UAL.O ,
Delta Air Lines  DAL.N , Jetblue Airways  JBLU.O  and Spirit
Airlines  SAVE.N  gain between 1.3% and 7.7%
    ** Cruise operators Carnival Corp  CCL.N , Norwegian Cruise
Line Holdings  NCLH.N  and Royal Caribbean  RCL.N  rise between
4.5% and 8.9%
    ** Hotel chains Hyatt Hotels  H.N , Hilton Worldwide
Holdings  HLT.N  and Marriott International  MAR.O  add between
1.2% and 3.8%
    ** Travel booking cos Expedia Group  EXPE.O , Booking
Holding  BKNG.O  and Tripadvisor  TRIP.O  up between 1.9% and
6.7%
    ** Global airline industry body IATA said it was preparing
for a travel recovery later this year and would launch a digital
travel pass next month  urn:newsml:reuters.com:*:nL8N2KU5UR
    ** The S&P energy index  .SPNY  climbed 3.3%, the most among
major S&P sectors, as the potential for increase in fuel demand
lifted oil prices  O/R 
    ** Exxon Mobil  XOM.N , Chevron Corp  CVX.N , Marathon Oil
 MRO.N , Occidental Petroleum  OXY.N  jumped between 2.8% and
9.6%

 (Reporting by Medha Singh in Bengaluru)
 ((medha.singh@thomsonreuters.com))
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