3 Hotel Stocks Worth Watching Despite Industry Pressure
The Zacks Hotels and Motels industry is hurt by economic uncertainty, labor shortages and rising wages, as well as dismal occupancy and RevPAR. However, industry participants are focusing on growth strategies, including expanding their portfolios, converting properties, forming partnerships and enhancing loyalty programs. Industry players, such as Marriott International, Inc. (MAR) , Hilton Worldwide Holdings Inc. (HLT) and Choice Hotels International, Inc. (CHH) are likely to benefit from the factors me ...