Hyatt (H) shares touched an all-time high today. Chad Beynon and Kevin Kelly discuss hotel stocks. They talk about how Macquarie has coverage on Hilton (HLT), Hyatt (H), Marriott (MAR), and Playa Hotels & Resorts (PLYA). They go over how Kelly Hotel & Lodging Sector ETF (HOTL) top holdings include Airbnb (ABNB), Marriott (MAR), Hilton (HLT), Vici Properties (VICI), and Hyatt (H). They also note the outlook for casino stocks including Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN), and Caesars Entertainment (CZR). They mention that DraftKings (DKNG) is to launch online sportsbook March 10th with MA being the 21st state where DKNG offers its sportsbook. Tune in to find out more about the stock market today.
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