After years of disruption, travel demand is proving far more resilient than many expected, particularly in the premium and group segments.
Global RevPAR (Revenue per Available Room) continues to rise, driven by strength in international markets and the recovery of business travel.
U.S. group bookings are tracking ahead of last year's pace, and international travel to the U.S. is on the rise.
At the same time, industry leaders are expanding their footprints, consolidating brands, and building out robust loyalty programs to capture repeat customers.
All of this is happening while supply growth remains constrained by elevated construction costs and tighter financing, which supports pricing power for the incumbents.
Against this constructive backdrop, hotel stocks are beginning to show signs of relative strength.
The Hotel ETF $BEDZ just broke out to fresh multi-month highs relative to the S&P 500.
We're leaning into this relative strength 📈
After a nasty drawdown earlier this year, the Hotel ETF is putting the finishing touches on a textbook...
Earnings season may be winding down, but we’re still finding plenty of valuable signals.
Last week provided us with fresh confirmation from a few key individual stocks and industry groups. We saw a blowout quarter from Nike, strength in homebuilders, and another strong reaction from Constellation Brands despite a headline miss.
But with the calendar thinning out, this week will be one of the quietest stretches of the season.
That gives us time to zoom out and reassess the biggest winners, strongest trends, and highest-probability setups heading into Q3.
In this week’s recap, we’ll walk through last week’s most significant moments. We'll also preview one small-cap earnings event we’re watching closely.
