Marriot Vacations’ Website Traffic Zooms: Here’s What it Means
With the worst of the pandemic behind us, travel and hospitality companies are witnessing a surge in demand. This is well reflected in the recent management commentary and guidance from leading tourism and hospitality companies, such as Marriott Vacations (NYSE: VAC). VAC’s contract sales and adjusted EBITDA came in ahead of the pre-pandemic levels. Moreover, VPG (volume per guest) remained strong, improving year-over-year and sequentially in Q1 of 2022. While an improving operating environment bodes well for VAC, fear of a slowdown in the economy and concerns around consumer spending add uncertainty. Moreover, it makes it difficult to form an investment opinion.
Marriot Vacations’ Website Traffic Zooms: Here’s What it Means
With the worst of the pandemic behind us, travel and hospitality companies are witnessing a surge in demand. This is well reflected in the recent management commentary and guidance from leading tourism and hospitality companies, such as Marriott Vacations (NYSE: VAC). VAC’s contract sales and adjusted EBITDA came in ahead of the pre-pandemic levels. Moreover, VPG (volume per guest) remained strong, improving year-over-year and sequentially in Q1 of 2022. While an improving operating environment bodes well for VAC, fear of a slowdown in the economy and concerns around consumer spending add uncertainty. Moreover, it makes it difficult to form an investment opinion.