Hilton, Marriott prefer smaller acquisitions

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Amidst competitive dynamics, Hilton (HLT) and Marriott (MAR) — industry giants, opt for smaller acquisitions due to the strength of their business models. Relying heavily on reservation systems and loyalty programs, Chad Beynon, Macquarie Capital Managing Director and Head of U.S. Research expects consolidation. “The business model is phenomenal,” states Beynon, who suggests that these companies do not see the need to acquire larger companies. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV #hilton #marriott #yahoofinance

Published 2023-10-25 · Watch on YouTube ↗
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