![]() ![]() And looking out over five years, revenue is not expected to get back to pre-pandemic levels. On that measure, IHG’s revenue is still lagging behind.Ī big reason for that is the company has larger exposure to business and international travel than some other hotel chains. But when it comes to hotels, a fairer comparison is to 2019. Like many hotel chains, the U.K.-based company is showing strong year-over-year (YOY) revenue growth. Plus, after institutions sold more CHH stock than they bought in the fourth quarter, that changed dramatically in the first quarter.Īnother of the best hotel stocks to consider is InterContinental Hotel Group (NYSE: IHG). The company also generated a record amount of free cash flow in 2021. Projections for future growth and earnings are above pre-pandemic levels. Choice Hotels is also benefiting from the growth in extended-stay revenue due to the blending of business and leisure travel.Īs of this writing, Choice Hotels has a P/E ratio of 20 times, which is slightly above the sector average, but not incredibly overvalued. In the last couple of quarters, when prior-year comparisons have been more difficult, both revenue and earnings have beaten pre-pandemic levels. While some might see that as a “jack of all trades” positioning, it appears to be working. The hotel chain features several brands that target various income levels. If Marriott represents the luxury end of the market, Choice Hotels International (NYSE: CHH) falls into the “something for everybody” category. ![]()
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