BetMGM has expanded its rewards collaboration with Marriott Bonvoy to Alberta following the opening of the regulated online gambling market. Players in Alberta can now link their accounts and transfer BetMGM Rewards into Marriott Bonvoy points for redemption on stays and experiences worldwide. This expansion builds on the rewards program that debuted in the U.S. in 2024.

Travel and tourism stocks Marriott International and Viking Holdings are benefiting from strong consumer spending, particularly from affluent baby boomers redirecting money toward travel due to housing market constraints. Marriott trades near its price target with a strong dividend and 35% credit card fee revenue growth forecast, while Viking offers higher growth potential with 15% capacity growth planned and strong booking trajectories, though both stocks are fairly valued at current levels.

The article compares Airbnb and MGM Resorts International as travel investment options for 2026. Airbnb operates a global asset-light marketplace with strong cash flow and lower debt, while MGM relies on physical casino properties with higher leverage. Despite MGM's cheaper valuation, the author recommends Airbnb due to its scalable business model and lower risk profile during economic uncertainty.

Crestline Hotels & Resorts announced the completion of a comprehensive renovation at The Residence Inn by Marriott Boston Marlborough, MA. The 112-suite hotel received upgrades including contemporary design, new furnishings, bathroom improvements, and enhanced public spaces. The fitness center was upgraded with new equipment, and the breakfast area and pool area were also renovated.

CapitalCIO held its 2026 ORBIE Awards ceremony on June 26, 2026, recognizing six outstanding CIOs for their leadership in technology innovation and business transformation. Award winners included executives from Marriott International, Carlyle, HII, Virginia Tech, Appian, and OrthoVirginia across various organizational size categories. The event featured keynote remarks from former NASA CIO Renee Wynn and attracted over 300 executives from the Capital Area.

The 48th NYU International Hospitality Investment Forum drew over 2,500 attendees including 700+ equity investors managing $723B in hotel assets. Industry leaders from major hospitality companies discussed market trends and strategies. Key announcements included Hilton's new Undergraduate brand, upgraded RevPAR projections for 2026, and MGM Resorts' acquisition proposal.

The article challenges the common investor reflex to avoid stocks at 52-week highs, arguing that strong companies with durable competitive positions and growing dividends deserve consideration even at new highs. Three dividend-paying stocks—Coca-Cola, TJX Companies, and Marriott International—are highlighted as examples of businesses earning their elevated valuations through fundamental strength rather than market sentiment.

Travel and leisure companies including United Airlines, Marriott International, and Royal Caribbean Cruises are positioned to benefit from an Iran ceasefire due to lower fuel costs and increased travel demand. However, these companies also have strategies to thrive if the conflict continues, including fuel hedging, pricing power, and cost management.

The 2026 FIFA World Cup beginning in the U.S., Canada, and Mexico is projected to add 0.6% to U.S. GDP and 0.4% to global GDP. Bank of America estimates $11.1 billion in direct spending from 5.2 million attendees, with 1.2 million international visitors. The tournament is expected to generate 824,000 full-time-equivalent jobs globally and boost sectors including travel, lodging, payments, media, and sports betting.

Royalton Hotels & Resorts officially opened its first property in Barbados, the Royalton Vessence Barbados Adult-Oriented resort, marking the global debut of the new Vessence brand. The 220-suite beachfront property on Platinum Coast features 17 dining outlets, wellness facilities, and cultural experiences centered on local art and immersive destination connection. The resort is part of Marriott International's Autograph Collection and Marriott Bonvoy program.

While AI stocks dominate market gains, the article argues consumer-discretionary stocks are undervalued despite strong consumer spending on home renovations. The Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) is highlighted as an attractive alternative to consumer ETFs, offering an 8.1% dividend yield with an 8% discount to NAV, positioning it to benefit from resilient American consumer spending.

Ryman Hospitality Properties (NYSE: RHP) announced a second quarter cash dividend of $1.20 per share, payable on July 15, 2026, to shareholders of record as of June 30, 2026. The company is a leading lodging and hospitality REIT specializing in upscale convention center resorts and entertainment experiences.