There’s been a lot to love about the hotel industry lately. Stock prices of the major hotel operators have crushed the market over the last decade and many are now trading at all-time highs. #-ad_banner-#But is it too late to profit from the bustling hotel industry? In short: no, I believe there is still time. Occupancy and room rates are still on the rise. And the strengthening economy should only mean higher stock prices for hotel operators. The real question becomes: what’s the best play on this part of the market?… Read More
There’s been a lot to love about the hotel industry lately. Stock prices of the major hotel operators have crushed the market over the last decade and many are now trading at all-time highs. #-ad_banner-#But is it too late to profit from the bustling hotel industry? In short: no, I believe there is still time. Occupancy and room rates are still on the rise. And the strengthening economy should only mean higher stock prices for hotel operators. The real question becomes: what’s the best play on this part of the market? It just so happens that the world’s largest hotel operator went public at the end of last year. Since its December 2013 IPO, Hilton Worldwide Holdings, Inc. (NYSE:HLT) has outperformed the S&P 500, rising nearly 25% compared to the market’s 10% increase. The company aims to continue its strong performance by reducing debt, increasing its global presence and unlocking existing shareholder value. HLT is the world’s largest hotel operator by market cap, revenues and room count. And for savvy investors, it looks like the biggest might be the… Read More