7 Best Hotel Stocks to Buy Now
The central thesis for buying hotel stocks right now is a belief that demand for travel will continue. And if that’s true, then the best hotel stocks will offer investors a combination of value and growth. Lost amid the ongoing concerns about flight delays is that Americans continue to travel. After two summers when travel was either non-existent or severely curtailed, Americans are taking long-planned vacations. And that’s good news for the hotel industry, which has been battered in the last two years. From personal experience, I can see that hotels are busier than they were during the pandemic. However, in my experience, occupancy is not quite back to pre-pandemic levels. That’s backed up by data from Smith Travel Accommodations Research (STR) that shows occupancy slightly below pre-pandemic levels. On the other hand, the same research shows that revenue per available room and average daily rates are both higher. 7 Cheap Stocks to Buy and Hold for the Long Haul Here are the seven best hotel stocks to buy now: Ticker Company Price MAR Marriott International, Inc. $149.34 CHH Choice Hotels International, Inc. $117.28 IHG InterContinental Hotels Group $57.64 MGM MGM Resorts International $31.14 BVH Bluegreen Vacations Holding Corporation $25.90 HT Hersha Hospitality Trust $10.02 BEDZ AdvisorShares Hotel ETF $22.50 Best Hotel Stocks: Marriott International (MAR) Source: DELBO ANDREA | Shutterstock The first on our list of best hotel stocks is Marriott International (NYSE: MAR ), the parent company for some of the industry’s most iconic premium hotel brands.
7 Best Hotel Stocks to Buy Now
The central thesis for buying hotel stocks right now is a belief that demand for travel will continue. And if that’s true, then the best hotel stocks will offer investors a combination of value and growth. Lost amid the ongoing concerns about flight delays is that Americans continue to travel. After two summers when travel was either non-existent or severely curtailed, Americans are taking long-planned vacations. And that’s good news for the hotel industry, which has been battered in the last two years. From personal experience, I can see that hotels are busier than they were during the pandemic. However, in my experience, occupancy is not quite back to pre-pandemic levels. That’s backed up by data from Smith Travel Accommodations Research (STR) that shows occupancy slightly below pre-pandemic levels. On the other hand, the same research shows that revenue per available room and average daily rates are both higher. 7 Cheap Stocks to Buy and Hold for the Long Haul Here are the seven best hotel stocks to buy now: Ticker Company Price MAR Marriott International, Inc. $149.34 CHH Choice Hotels International, Inc. $117.28 IHG InterContinental Hotels Group $57.64 MGM MGM Resorts International $31.14 BVH Bluegreen Vacations Holding Corporation $25.90 HT Hersha Hospitality Trust $10.02 BEDZ AdvisorShares Hotel ETF $22.50 Best Hotel Stocks: Marriott International (MAR) Source: DELBO ANDREA | Shutterstock The first on our list of best hotel stocks is Marriott International (NYSE: MAR ), the parent company for some of the industry’s most iconic premium hotel brands.