Bill Ackman has been betting on Magnificent Seven stocks in recent quarters, including a new position in Meta Platforms (NASDAQ:META) in the fourth quarter. While Magnificent Seven stocks are trading lower in recent months, one of Ackman's non-technology positions is showing strong returns.Ackman's Bet on Hilton Pays OffThose positions are among the newer ones made by Ackman with investments in Alphabet in 2023 and in Amazon and Meta both in 2025.One of Ackman's older positions is a stake in Hilton Hotels C ...

Los Angeles, California, Feb. 17, 2026 (GLOBE NEWSWIRE) -- The InterGroup Corporation (NASDAQ: INTG) (the “Company” or “InterGroup”) reported results for the quarter ended December 31, 2025 and highlighted continued progress in its consolidated hotel operations and stable performance in its real estate portfolio. During the quarter, the Company also completed the sale of a non-core 12‑unit multifamily property in Los Angeles County, strengthening liquidity and providing additional working capital. Quarterly ...

The company said the profit was after exceptional items, which mainly included a ₹327 crore profit net of tax on the sale of its entire equity stake in a joint venture and a ₹37 crore impact from implementing new labour codes. The quarter marked the fifteenth consecutive quarter of "record performance" with an Ebitda of ₹1,134 crore and an The hotel segment reported ₹2,579 crore revenue, helping the chain post its best-ever segmental quarterly Ebitda of ₹1,050 crore. Third-quarter Live Events He said IHCL ...

By Aishwarya Jain and Doyinsola Oladipo Feb 12 (Reuters) - Airbnb on Thursday became the latest travel company to point to resilient premium demand as ‌budget-conscious customers pull back. Hotel operators Marriott and Hilton, airlines such as ‌United and Delta are banking on resilient demand from high-end travelers in 2026, a trend that ​reflects a deepening K-shaped economy in the U.S. "Guests are choosing more expensive listings. It could be larger listings, nicer listings or listings in markets th ...

Core Insights - Hyatt Hotels Corporation reported fourth-quarter 2025 results with earnings exceeding estimates but revenues falling short, leading to a 1.5% decline in shares during pre-market trading [1] Financial Performance - Adjusted earnings per share (EPS) for Q4 were $1.33, significantly above the Zacks Consensus Estimate of 29 cents, compared to 42 cents in the same quarter last year [2] - Revenues reached $1,789 million, slightly below the consensus estimate of $1,793 million, but represented an 11.7% year-over-year increase [2] Revenue Breakdown - Owned and Leased revenues were $423 million, up from $264 million year-over-year [3] - Distribution revenues decreased by 13.7% year-over-year to $177 million, while other revenues fell to $4 million from $11 million in the prior-year quarter [3] Fee Structure - Gross fees increased by 4.5% year-over-year to $307 million, with base management fees rising 8.1%, incentive management fees up 13%, and franchise fees advancing 3.8% [4] - Net fees for the quarter were $290 million, compared to $281 million in the prior-year quarter [5] Operating Metrics - Adjusted EBITDA for the quarter was $292 million, a 14.6% increase year-over-year, but below the model prediction of $324.4 million [6] - Adjusted EBITDA in Management and Franchising was $240 million, up from $219 million year-over-year, but also below the model prediction of $266.4 million [6] Segment Performance - The Owned and Leased segment's adjusted EBITDA was $85 million, compared to $57 million in the prior-year quarter, exceeding the model prediction of $66.4 million [7] - The Distribution segment's adjusted EBITDA fell to $7 million from $20 million year-over-year, missing the model prediction of $38.3 million [7] Balance Sheet and Liquidity - As of December 31, 2025, Hyatt reported cash and cash equivalents of $813 million, up from $749 million in the previous quarter, with total liquidity at $2.3 billion [10] - Total debt decreased to $4.3 billion from $6 billion in the previous quarter [10] Growth Outlook - Hyatt added 8,253 rooms to its system in Q4, with a pipeline of approximately 148,000 rooms, reflecting a 7% year-over-year increase [11] - For 2026, gross fees are projected to be between $1.295 billion and $1.335 billion, with adjusted EBITDA expected in the range of $1.155 billion to $1.205 billion [12][13]

Core Viewpoint - Marriott International Inc. has shown strong stock performance with a 12.22% increase over the past month and a 24.46% increase over the past year, leading to optimism among long-term shareholders, although concerns about potential overvaluation based on the price-to-earnings (P/E) ratio may arise [1]. Group 1: Stock Performance - The current trading price of Marriott International Inc. is $358.90, reflecting a 0.04% increase [1]. - Over the past month, the stock has increased by 12.22% and by 24.46% over the past year [1]. Group 2: P/E Ratio Analysis - The P/E ratio is a critical metric for long-term shareholders to evaluate the company's market performance relative to historical earnings and industry standards [2]. - Marriott International Inc. has a P/E ratio of 37.79, which is lower than the industry average P/E ratio of 57.28 in the Hotels, Restaurants & Leisure sector [3]. - A lower P/E ratio may suggest that shareholders expect the stock to perform worse than its peers or that the stock is undervalued [3]. Group 3: Limitations of P/E Ratio - While the P/E ratio is useful for market performance analysis, it has limitations and should not be used in isolation [4]. - A lower P/E can indicate undervaluation but may also reflect a lack of expected future growth [4]. - Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative factors for informed investment decisions [4].

In addition to delivering strong financial results in 2025, we remain very pleased with the continued performance of Durango Casino Resort and the successful revenue backfill at our core properties. Durango continues to expand the locals market and drive incremental play from our existing customer base, reinforcing its position as a meaningful growth driver within our portfolio. On December 15, we completed our latest expansion to Durango, adding more than 25,000 square feet of new casino space, including w ...

Financial Data and Key Metrics Changes - In Q4 2025, Las Vegas operations achieved net revenue of $505 million, a 2.5% increase year-over-year, and adjusted EBITDA of $231 million, up 3.2% from the prior year [8][9] - For the full year 2025, Las Vegas operations reported net revenue just under $2 billion, a 2.9% increase, and adjusted EBITDA of $915.9 million, up 4.2% from the previous year [9][10] - Consolidated Q4 net revenue was $511.8 million, a 3.2% increase, with adjusted EBITDA of $213 million, up 5.4% year-over-year [8][9] Business Line Data and Key Metrics Changes - Durango Casino Resort continues to expand its local market presence, contributing to incremental play and revenue growth [5] - Non-gaming operations, including hotel and food and beverage, achieved near-record revenue and profitability, with hotel operations performing exceptionally well despite renovations [11][12] Market Data and Key Metrics Changes - The Las Vegas locals market remains strong, with continued robust visitation and net theoretical win across local and regional customers [11][12] - The company is positioned to benefit from demographic trends, with over 6,000 new households expected within a three-mile radius of Durango [7] Company Strategy and Development Direction - The company is focused on long-term growth through significant investments in existing properties, including expansions at Durango, Sunset Station, and Green Valley Ranch [15][16][18] - A balanced capital allocation strategy is in place, with a commitment to returning capital to shareholders while investing in property enhancements [14][23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength and resilience of the business, despite expected near-term disruptions from ongoing construction projects [12][22] - The company anticipates continued growth in adjusted EBITDA and market share, driven by strategic investments and a focus on high-end customer segments [21][23] Other Important Information - The company declared a special cash dividend of $1 per Class A common share, reflecting confidence in long-term earnings power [21][22] - Total capital expenditures for 2025 were $319 million, with expectations for 2026 spending between $375-$425 million [14] Q&A Session Summary Question: Update on demand levels in Las Vegas Valley - Management noted strong performance in hotel operations despite renovations, with a differentiated value proposition compared to the Strip [28][30] Question: Construction disruption impact in 2026 - Management estimated approximately $9 million in disruption for Q1 2026, with ongoing efforts to minimize operational impacts during renovations [41][43] Question: Expectations for Q1 EBITDA growth - Management indicated confidence in achieving typical seasonal growth despite disruptions, with a focus on maintaining operational performance [47][98] Question: Impact of the One Big Beautiful bill on top-line performance - Management expressed optimism about benefiting from increased discretionary income in the locals market due to tax refunds [52] Question: Competitive promotional environment in the locals market - Management reported a stable promotional environment, with consistent competitive behavior from small operators [73] Question: Contribution from higher-end properties - Management highlighted strong performance across the portfolio, with increasing high-end play at various properties [81]

Red Rock Resorts (NasdaqGS:RRR) Q4 2025 Earnings call February 10, 2026 04:30 PM ET Speaker0Good afternoon and welcome to Red Rock Resorts' fourth quarter and full year 2025 conference call. All participants will be in listen-only mode. Please note this conference is being recorded. I would now like to turn the conference over to Stephen Cootey, Executive Vice President, Chief Financial Officer, and Treasurer of Red Rock Resorts. Please go ahead.Speaker1Thank you, Operator, and good afternoon, everyone. Tha ...

Core Insights - Marriott International, Inc. reported fourth-quarter 2025 results with adjusted earnings missing estimates while revenues exceeded expectations, showing year-over-year growth in both metrics [1][5][10] Financial Performance - Adjusted earnings per share (EPS) for Q4 was $2.58, below the Zacks Consensus Estimate of $2.64, compared to $2.45 in the prior-year quarter [5][10] - Quarterly revenues reached $6.69 billion, surpassing the consensus mark of $6.68 billion, reflecting a 4.1% increase year-over-year [8][10] - Revenue from base management and franchise fees was $343 million and $795 million, up 3% and 6% year-over-year, respectively [9] - Incentive management fees rose to $239 million, a 16% increase from $206 million in the prior-year quarter [11] - Total expenses for Q4 were $5.91 billion, up from $5.68 billion in the prior-year quarter [14] Operational Highlights - Global RevPAR (Revenue per Available Room) increased by 1.9% year-over-year, driven by international markets and higher average daily rates [10][12] - The company reported a robust development pipeline with 4,056 hotels, including 1,648 properties under construction [16] - Strong loyalty engagement contributed significantly to growth, with member stays accounting for a large portion of global room nights [3] Future Outlook - For Q1 2026, management anticipates gross fee revenues between $1.37 billion and $1.38 billion, with adjusted EBITDA expected to be between $1.31 billion and $1.33 billion [18] - The company projects worldwide system-wide RevPAR to increase by 1.5% to 2.5% year-over-year in 2026 [18] - Adjusted diluted EPS for 2026 is expected to be in the range of $11.32 to $11.57 [20]