3 Hotel Stocks To Buy For A 2021 Rebound: Marriott, Hilton, And InterContinental Hotels

NASDAQ: MAR | Marriott International -  News, Ratings, and Charts

The travel and hospitality industries have been among the hardest hit amid the global coronavirus pandemic. Closed borders, shelter-in-place orders, and a general fear of catching the highly contagious virus largely brought travel to a halt this year. However, headlines related to the FDA’s emergency use authorization of the Pfizer-BioNTech COVID-19 Vaccine have lifted hopes for the hospitality industry’s recovery next year.

Although it will take some time for vaccines to become available to all, the global economy should start realizing the impact of the vaccines by summer of 2021 as life returns to “normal.” There is little doubt that news headlines about vaccines will boost travelers’ confidence and gradually increase hotel demand. Hotels with appealing amenities could then see a high influx of patrons in 2021. As the global economy is on track to deliver 6.4% GDP growth in the coming year, the hospitality industry should see a decent recovery.

Marriott International, Inc. (MAR - Get Rating), Hilton Worldwide Holdings Inc. (HLT - Get Rating), and InterContinental Hotels Group PLC (IHG - Get Rating) are expected to recover faster than the others in the industry based on their strong fundamentals and market reach.

Marriott International, Inc. (MAR - Get Rating)

MAR, one of the largest hotel chains in the world, needs no introduction. The company operates in segments such as North American Full-Service, North American Limited-Service, and the Asia Pacific. It manages 30 brands with 7,484 properties in 131 countries and territories around the world.

On October 29, MAR and Grab, Southeast Asia’s leading super app, announced a partnership across multiple verticals including food delivery, advertising, loyalty and rewards, payment, and transport services. The collaboration will enable MAR to serve a growing pool of customers who are increasingly transacting online.

1 2 3 4
View single page >> |

Disclaimer: Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use, please ...

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.
Michele Kalker 4 weeks ago Member's comment

Marriott is only 14% off it’s all time high with occupied rooms at 20% of normal and Marriott Marquis just laid off 850 employees. Air B&B is the future. Large hotels are a Petri dish of viruses with all the hundreds of travelers coming and going. $MAR