What's Going On With Hilton, Marriott And Hyatt Hotel Stocks Today?
Portfolio Pulse from Shivani Kumaresan
Shares of Marriott International (MAR), Hilton Hotels Corporation (HLT), and Hyatt Hotels Corporation (H) are trading lower due to impending strike authorization votes by 13,500 unionized hotel workers in four U.S. cities. The workers are demanding significant pay raises, better healthcare, and pension plans, and the reversal of pandemic-era cuts.
July 24, 2024 | 2:31 pm
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NEGATIVE IMPACT
Hyatt Hotels Corporation (H) shares are trading lower due to potential strike action by unionized hotel workers demanding better pay and benefits.
The potential strike by unionized workers could disrupt Hyatt's operations, leading to a negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Hilton Hotels Corporation (HLT) shares are trading lower as unionized hotel workers prepare for strike votes, demanding better pay and benefits.
The potential strike by unionized workers could disrupt Hilton's operations, leading to a negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Marriott International (MAR) shares are trading lower due to potential strike action by unionized hotel workers demanding better pay and benefits.
The potential strike by unionized workers could disrupt Marriott's operations, leading to a negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100