3 hotel and motel stocks to watch in a promising industry
TZacks hotels and motels are gradually coming out of the woods thanks to the reopening of the economy and the acceleration of the vaccination process. People are feeling more optimistic and confident about the prospect of traveling again, thanks to the rapid pace of vaccinations. To capitalize on this sentiment, hoteliers are increasingly focusing on a number of initiatives to meet the needs of their guests upon their return to hotels. Although the occupancy rate is improving, it is still below the level before the pandemic. Meanwhile, the spread of the highly contagious Delta variant remains a source of concern for the industry. Industry players including Hilton Worldwide Holdings Inc. HLT, Choice Hotels International, Inc. CHH and Playa Hotels & Resorts NV PLYA has benefited from the reopening of the global economy.
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Hilton Worldwide Holdings Inc. (HLT): Free Share Analysis Report
Choice Hotels International, Inc. (CHH): Free Inventory Analysis Report
Civeo Corporation (CVEO): Free Stock Analysis Report
Playa Hotels & Resorts NV (PLYA): Free Stock Analysis Report
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