StreetInsider.com News Articles

Morgan Stanley sees robust US gaming and lodging demand as consolidation wave builds

Tue, 02 Jun 2026 07:49:27 -0400

Investing.com -- Morgan Stanley analysts highlighted strong domestic demand across US gaming and lodging sectors at their industry conference, with signs pointing to continued consolidation activity ahead.

The firm noted broad-based improvement in lodging demand on Monday, led by leisure and group bookings alongside accelerating corporate travel. Higher-end hotel chains maintained their lead, while lower-end properties showed positive momentum despite headwinds from rising gas prices, interest rates and healthcare costs.

Gaming operators reported stable to accelerating trends across domestic markets, excluding Macau, according to commentary at the conference. The analysts said they saw no impact from Middle East geopolitical tensions on gaming

Morgan Stanley sees robust US gaming and lodging demand as consolidation wave builds

Tue, 02 Jun 2026 07:49:27 -0400

Morgan Stanley sees robust US gaming and lodging demand as consolidation wave builds

Tue, 02 Jun 2026 07:49:27 -0400

Morgan Stanley sees robust US gaming and lodging demand as consolidation wave builds

Tue, 02 Jun 2026 07:49:27 -0400

Diamondrock Hospitality (DRH) PT Raised to $12 at Wells Fargo

Mon, 01 Jun 2026 06:55:15 -0400

Wells Fargo analyst Cooper Clark raised the price target on Diamondrock Hospitality (NASDAQ: DRH) to $12.00 (from $11.00) while maintaining a Equal Weight rating.

Diamondrock Hospitality (DRH) PT Raised to $12 at Barclays

Mon, 01 Jun 2026 03:25:37 -0400

Barclays analyst Richard Hightower raised the price target on Diamondrock Hospitality (NASDAQ: DRH) to $12.00 (from $10.00) while maintaining a Equalweight rating.

Diamondrock Hospitality (DRH) PT Raised to $12 at Truist Securities

Tue, 26 May 2026 06:10:51 -0400

Truist Securities analyst C. Patrick Scholes raised the price target on Diamondrock Hospitality (NASDAQ: DRH) to $12.00 (from $11.00) while maintaining a Buy rating.

Diamondrock Hospitality (DRH) PT Raised to $12 at Baird

Tue, 19 May 2026 06:18:17 -0400

Baird analyst Michael Bellisario raised the price target on Diamondrock Hospitality (NASDAQ: DRH) to $12.00 (from $11.00) while maintaining a Outperform rating.

Form 4 DiamondRock Hospitality For: May 13 Filed by: Hartmeier Michael A.

Wed, 13 May 2026 17:32:00 -0400

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Form 4 DiamondRock Hospitality For: May 13 Filed by: Hartmeier Michael A.

Wed, 13 May 2026 17:32:00 -0400

si-local-file:///var/storage/secattach/20260513/26487709.html

Form 144 DiamondRock Hospitality Filed by: Hartmeier Michael A.

Wed, 13 May 2026 14:13:00 -0400

si-local-file:///var/storage/secattach/20260513/26485047.html

Form 144 DiamondRock Hospitality Filed by: Hartmeier Michael A.

Wed, 13 May 2026 14:13:00 -0400

si-local-file:///var/storage/secattach/20260513/26485047.html

Diamondrock Hospitality (DRH) PT Raised to $9.60 at Morgan Stanley

Tue, 12 May 2026 08:35:07 -0400

Morgan Stanley analyst Stephen W Grambling raised the price target on Diamondrock Hospitality (NASDAQ: DRH) to $9.60 (from $9.50) while maintaining a Equalweight rating.

Diamondrock Hospitality (DRH) PT Raised to $11.25 at Stifel on Asset Sale

Mon, 11 May 2026 08:57:47 -0400

(Updated - May 11, 2026 8:57 AM EDT)

Stifel analyst Simon Yarmak raised the price target on Diamondrock Hospitality (NASDAQ: DRH) to $11.25 (from $11.00) while maintaining a Hold rating.

The analyst commented, "On Monday, DiamondRock Hospitality announced it had sold its leasehold interest in the Courtyard by Marriott New York Manhattan/Fifth Avenue at a price of $33.0 million or $174.6k/key. The transaction equates to a 6.3x multiple on FY25 Hotel Adjusted EBITDA or a 13.3% cap rate on FY25 Hotel NOI. When considering required capex needing to be spent over the next 12 months, along with an increased ground lease payment

Diamondrock Hospitality (DRH) PT Raised to $11.25 at Stifel on Asset Sale

Mon, 11 May 2026 08:57:47 -0400

(Updated - May 11, 2026 8:57 AM EDT)

Stifel analyst Simon Yarmak raised the price target on Diamondrock Hospitality (NASDAQ: DRH) to $11.25 (from $11.00) while maintaining a Hold rating.

Accel Entertainment elects Bruce Wardinski to board of directors

Thu, 07 May 2026 16:15:12 -0400

Accel Entertainment, Inc. (NYSE: ACEL) announced the election of Bruce D. Wardinski as an independent director to its board of directors. Wardinski will serve on the board's Compensation Committee and Nominating and Corporate Governance Committee.

Wardinski brings more than 35 years of experience in building and scaling growth businesses, with expertise in capital allocation, real estate investment, strategic finance and corporate governance. He founded Playa Hotels & Resorts N.V. in 2006 and served as its Chairman and Chief Executive Officer through its acquisition by Hyatt Hotels Corporation in June 2025.