TZacks hotels and motels are gradually coming out of the woods, due to the reopening of the economy and the rise in vaccinations. Although the occupancy rate is improving, it is still below the level before the pandemic. Meanwhile, the spread of the highly contagious Omicron variant has sounded alarm bells for the industry. However, 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. Industry players including Hilton Worldwide Holdings Inc. HLT, Hilton Grand Vacations Inc. heavy goods vehicles and InterContinental Hotels Group PLC IHG benefited from the prevailing scenario.
Boom in infrastructure stocks will sweep America
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Intercontinental Hotels Group (IHG): free inventory analysis report
Hilton Worldwide Holdings Inc. (HLT): Free Share Analysis Report
Hilton Grand Vacations Inc. (HGV): Free Inventory Analysis Report
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