Hotel, Airline, Travel Stocks Soar On Q4 Earnings

By | February 10, 2015

Scalper1 News

Hotel, airline and ticket booking stocks soared Tuesday on Q4 earnings as the travel industry continues to benefit from international tourism and low fuel costs. Leisure-Lodging rose 5%, airline stocks 3% and Leisure-Travel Booking more than 2% Tuesday. Starwood Hotels & Resorts (HOT) posted a 33% jump in Q4 earnings, topping views. Revenue, down 0.7%, missed. The operator of St. Regis and Sheraton hotel brands also said it’ll spin off its Scalper1 News

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