MCH ADVISORY RESEARCH
Consumer Discretionary

Hotels, Resorts & Cruise Lines

8 companies under coverage.

Coverage

Hotels, Resorts & Cruise Lines


Equity Research

Expedia Group Inc. (EXPE)

The bull case — 'Bull — Platform Re-Rate' (8% weight) — targets $524, +105% vs spot. It needs the multiple to hold or expand.

EXPEEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · +12%
Equity Research

Airbnb Inc (ABNB)

The bull case — 'Bull — Platform Re-Rate' (8% weight) — targets $293, +105% vs spot. It needs the multiple to hold or expand.

ABNBEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · 0%
Equity Research

Booking Holdings Inc (BKNG)

The bull case — 'Bull — Platform Re-Rate' (8% weight) — targets $356, +100% vs spot. It needs the multiple to hold or expand.

BKNGEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -1%
Equity Research

Carnival Corporation (CCL)

The bull case — 'Spike — Premium Demand' (8% weight) — targets $58, +104% vs spot. It needs Gross Margin to surprise to the upside.

CCLEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -3%
Equity Research

Norwegian Cruise Line Holdings Ltd (NCLH)

The bull case — 'Spike — Premium Demand' (8% weight) — targets $43, +105% vs spot. It needs Gross Margin to surprise to the upside.

NCLHEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -4%
Equity Research

Marriott International Inc (MAR)

The bull case — 'Bull — Asset-Light Re-Rate' (8% weight) — targets $673, +82% vs spot. It needs the multiple to hold or expand.

MAREquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -15%
Equity Research

Royal Caribbean Cruises Ltd (RCL)

The bull case — 'Spike — Premium Demand' (8% weight) — targets $639, +101% vs spot. It needs the multiple to hold or expand.

RCLEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -19%
Equity Research

Hilton Worldwide Holdings Inc (HLT)

The bull case — 'Bull — Asset-Light Re-Rate' (8% weight) — targets $598, +81% vs spot. It needs the multiple to hold or expand.

HLTEquity ResearchMonte Carlo
1 July 2026Rating: HOLD · -19%
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