The hotel industry has suffered severely from the COVID 19 pandemic over the last two years, as well as the associated government-imposed closures. However, the industry has recovered significantly, particularly in recent months, even though some of the risks from renewed closures and travel restrictions remain. The share prices of many hotels are already back at all-time highs and the published corporate results of some of the leading hotels indicate strong demand. In this article we present some hotel stocks in more detail.
Hilton Worldwide
- Company: Hilton Worldwide Holdings Inc
- Symbol (TWS): HLT
- ISIN: US43300A2033
- Stock Exchange: New York Stock Exchange
- Country: USA
- Currency: US Dollar
- Market capitalization: USD 40.19 billion
- Sales (TTM) in USD: 2.05 billion
With more than 6,500 hotels worldwide, Hilton is one of the largest hotel companies in the world. These include mid- and upper-range hotels, as well as the luxury brands Waldorf Astoria and Conrad Hotels. The company also operates a well-known loyalty program called Hilton Honors, with more than 115 million members. Like other major travel and tourism stocks, Hilton has posted strong numbers recently, thanks to rising demand for travel. The company has also opened some new hotels, although occupancy rates and revenue per available room still haven't reached pre-pandemic levels and some travel restrictions remain in place. Hilton is thus betting on a further recovery in the industry and is well positioned for future growth.
Marriott International
- Company: Marriott International Inc
- Symbol (TWS): MAR
- ISIN: US5719032022
- Stock exchange: Nasdaq
- Country: USA
- Currency: US Dollar
- Market capitalization: USD 51 billion
- Sales (TTM) in USD: 2.85 billion
Marriott International is an American multinational corporation and is engaged in the operation, management and franchising of hotels, residences and other vacation accommodations. Based in the US state of Maryland, the company owns and operates 30 brands and over 7600 properties in 131 countries. Like Hilton, Marriott has recently reported strong corporate results and its share price broke out to a new all-time high in the fall of 2021.
Wynn Resorts
- Company: Wynn Resorts Limited
- Symbol (TWS): WYNN
- ISIN: US9831341071
- Stock exchange: Nasdaq
- Country: USA
- Currency: US Dollar
- Market capitalization: USD 10.35 billion
- Sales (TTM) in USD: 3.41 billion
Wynn Resorts is a Nevada-based company that develops and operates world-class luxury hotels and casinos. With the Wynn Las Vegas and Encore Las Vegas hotels and casinos, the company's main sources of revenue are located on the Las Vegas Strip. In addition, Wynn Resorts operates further hotels in Everett in the US state of Massachusetts and in Macau, China.
MGM Resorts International
- Company: MGM Resorts International
- Symbol (TWS): MGM
- ISIN: US5529531015
- Stock Exchange: New York Stock Exchange
- Country: USA
- Currency: US Dollar
- Market capitalization: USD 19.8 billion
- Sales (TTM) in USD: 7.8 billion
Another promising hotel stock, which many people are familiar with because of the casinos and hotels in Las Vegas, is MGM Resorts International. MGM is an American hospitality and entertainment mega-corporation that owns and operates hotels such as the Bellagio, Mandalay Bay, MGM Grand and Park MGM. In addition, the company operates vacation rentals in several U.S. states and also holds interests in MGM China Holdings Ltd. and MGM Growth Properties, a sought-after REIT.
Airbnb
- Company: Airbnb Inc
- Symbol (TWS): ABNB
- ISIN: US0090661010
- Stock exchange: Nasdaq
- Country: USA
- Currency: US Dollar
- Market capitalization: USD 100.39 billion
- Sales (TTM) in USD: 5.32 billion
While Airbnb is not a hotel in the traditional sense, it is a competitor to hotel companies in every sense of the word, making it interesting for investors who want to invest in the travel or hotel industry. Airbnb operates a platform for stays and experiences for guests worldwide, bringing hosts and guests together online or via mobile devices to book rooms and experiences. The company was founded in 2007 and is headquartered in San Francisco, California. Airbnb's IPO took place in late 2020, and demand for the company's shares was initially very high. In the first half of 2021, the share price completed a significant correction and, at the time of writing this article, is back on an upward trend, in the range of the highs of the first half of the year.