Las Vegas Sands (LVS) Q2 2025 Earnings Call July 23, 2025 04:30 PM ET Company ParticipantsDaniel Briggs - SVP - IRRobert Goldstein - Chairman & CEOPatrick Dumont - President, COO & DirectorGrant Chum - President & CEODaniel Politzer - Executive Director, Equity Research - Gaming and LodgingBrandt Montour - Director - Equity ResearchLizzie Dove - VP - Equity ResearchDavid Katz - Managing DirectorJohn Decree - Director - Institutional ResearchSteven Wieczynski - Managing DirectorConference Call ParticipantsSt ...

Industry Performance & Trends - The Invesco Leisure and Entertainment ETF has outperformed the broader market over the last three months [1] - Cruise industry booking volumes have normalized, growing at a low to mid single-digit percentage year-over-year, compared to roughly 20% growth entering the year [5] - Consumer confidence is down, contributing to booking trends more similar to pre-COVID levels [8] - Softening is being observed in different parts of the travel trade after several years of strong results [9] Company Specific Analysis (Royal Caribbean) - Royal Caribbean stock has had a great run, outperforming in the past two years, including an 83% increase in the last three months [1][3] - Truth Securities is downgrading Royal Caribbean to "hold" due to normalization in the cruise industry and high valuations [2][5] Investment Opportunities - Norwegian Cruise Lines is considered a catch-up name and an underperformer within the cruise sector [10][11] - Hyatt Hotels is mentioned as a hotel chain that hasn't performed as well as Hilton, suggesting potential relative value [10][11] Underlying Travel Trends - Research indicates underlying travel trends have been mediocre and lethargic [10]

February from two raging wildfires laying siege to the north rim of the Grand Canyon. Park officials confirming the historic Grand Canyon Lodge was consumed by flames along with park administrative buildings, visitor facilities, and a wastewater treatment plant. The fire at that plant, prompting a release of chlorine gas that can prove deadly.In total, some 50 to 80 structures now confirmed lost. All destroyed by the so-called Dragon Bravo fire, which quickly scorched at least 5,000 acres. and the larger Wh ...

Let's talk about the impact on the markets on all of these things. Joining us this morning, Janice Henderson, equities portfolio manager. Jeremiah Buckley's with us.Jeremiah, happy Friday. Good to see you. Yeah, good morning, Carl.Thanks for having me. I I wonder if you think the impact of any kind of tariff action gets a little muted when you look at how much this White House appears to want to let the economy run hot. Yeah.So, certainly, as we've seen today, higher tariffs, uh, higher tariff rates are neg ...

Investment Opportunity - Hilton shows potential breakout with a golden cross formation after climbing from a 24% drawdown [1] - Leisure, lodging, travel, and service sectors are performing strongly, with almost all names in the S&P above their 50-day moving average [2] - Hilton's last earnings report was strong, supporting the stock's performance [2][3] Financial Performance - Hilton reported 6% adjusted EBITDA growth [2] - Hilton's net income reached $300 million [2] - Hilton returned $927 million to shareholders during the quarter [2] Company Growth - Hilton's pipeline increased by 7% [2] Trading Strategy - Traders should watch for a trigger at the $270s level [3] - A convincing volume breakthrough at $270s would indicate a good setup [3] - The 200-day moving average, around $242-243, can be used as a risk management stop loss [3] - The stop loss should be moved up each week as long as the uptrend continues [3] Comparative Analysis - Marriott has a similar chart to Hilton, and both companies have good balance sheets [4]

Core Viewpoint - Sunstone Hotel Investors, Inc. will report its financial results for the second quarter of 2025 on August 6, 2025, before market opening [1] Company Information - Sunstone Hotel Investors, Inc. is a lodging real estate investment trust (REIT) focused on creating long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate [3]

Hotel owners are in open revolt against Los Angeles’s new $30-an-hour minimum wage, the latest blow to one of the country’s poorest-performing lodging markets https://t.co/3cOkvh8txQ ...

Hotel owners are in open revolt against Los Angeles’s new $30-an-hour minimum wage, the latest blow to one of the country’s poorest-performing lodging markets https://t.co/NqVm1Atx8t ...

Core Viewpoint - Summit Hotel Properties, Inc. will report its financial results for Q2 2025 on August 5, 2025, and will hold a conference call on August 6, 2025, at 9:00 AM ET [1]. Company Overview - Summit Hotel Properties, Inc. is a publicly traded real estate investment trust (REIT) that focuses on owning premium-branded lodging facilities with efficient operating models, primarily in the upscale segment of the lodging industry [2]. - As of June 24, 2025, the company's portfolio includes 97 assets, with 53 wholly owned properties, totaling 14,556 guestrooms across 25 states [2]. Conference Call Information - To access the conference call, pre-registration is required, and registrants will receive confirmation with dial-in details [4]. - A live webcast of the conference call will be available, with a replay accessible on the company's website until November 3, 2025 [4].

Hampton Inn & Suites – Austin Downtown FEBRUARY 2025 Investor Presentation Element – Miami Brickell Forward looking statements We make forward-looking statements in this presentation that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans, and objectives. When we use the words "believe," "expect," "anticipate," "estimate," "plan," "continue," "inten ...