Don't check in all at once... It's travel week, with Hilton, Hyatt, Marriott, Expedia, Tripadvisor, Booking, and Wynn Resorts all dropping earnings (now breathe). TSA traveler volumes are back to 80% of pre-pandemic levels, as you unwrap Biscoff cookies en route to Miami. US weekly hotel occupancy has reached its highest level since 2019, while room rates are pricier than ever. Hotel and travel stocks have soared this year as vacays return. But rising Covid cases and returning restrictions could put a damper on the rebound.
Save the date... Dating legend Match Group unveils earnings tomorrow. Match owns Tinder, Hinge, OkCupid, and 20+ other e-romance apps. Last year, Match's sales jumped 17% as you spent romantic nights in bed swiping. Thanks to vaccines and reopening, happy hour dates are back and people are craving IRL connections more than ever. According to a WSJ survey: 87% of people plan to maintain or boost time spent on dating apps in the next several months. That could boost biz for Match and Bumble.