4 hotel stocks for your April 2022 watchlist
Do you have these home stocks on your radar right now?
Over the past two years, hotel inventory has been completely demolished thanks to the pandemic. As tourism came to a halt around the world, cruise lines, hotels and resorts effectively lost their main source of income. But now, thanks to major vaccination efforts, countries around the world are beginning to reopen their borders to tourism. On top of that, with people locked at home during the pandemic, many will likely want to travel in the upcoming summer season. So hotel stocks could start to shine again.
The CDC on Wednesday finally dropped its risk advisory for cruise ship travel after two years of warning travelers about the risks of contracting Covid-19 while onboard a cruise. In an update posted online, the agency removed its “Traveller Health Notice for Cruise Ships.” Going forward, the CDC will continue to provide cruise lines with guidance and recommendations to keep their customers safe. Overall, investors with stakes in cruise lines such as Royal Caribbean (NYSE:RCL) and carnival society (NYSE: CCL) probably welcome this good news. And on that note, check out these top hotel stocks on the stock market today.
Hotel stocks to watch in the stock market today
then, we have Vail Resorts. For the uninitiated, Vail is one of the big names in the ski resort business. The company is divided into three segments. Most notably, its Mountain segment, as it owns and operates 40 mountain resorts in three countries. Alongside this, its Vail Resorts Hospitality segment has luxury hotels under the RockResorts brand, condominiums and golf courses. And finally, its Vail Resorts Development Company oversees property development and real estate.
On Monday, the company reached an agreement to acquire a 55% stake in Andermatt-Sedrun Sport from Andermatt Swiss Alps (ASA). This acquisition marks the company’s first strategic investment in Europe. Clearly, this acquisition will give Vail the ability to operate and leverage the European ski resort market. Andermatt-Sedrun is a renowned ski resort in Central Switzerland, located within 90 minutes of three of Switzerland’s major metropolitan areas. In fact, it is one of the leading luxury resorts in Switzerland thanks to ASA’s majority shareholder, Samih Sawiris, who has invested over $1 billion in the resort. As such, given this acquisition, would you invest in MTN shares?
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Following this, we have Marriott International, a multinational company that operates, franchises and licenses accommodation to customers worldwide. Its portfolio includes nearly 8,000 properties under 30 leading brands in 139 countries and territories. The company offers Marriott Bonvoy, its award-winning travel program. With the recent reopening of Vietnam’s borders, Marriott yesterday announced plans to expand its portfolio into Vietnam. In particular, he plans to add an impressive 9,000 rooms to the company’s portfolio of highly regarded hotels.
This includes hotel brands such as Ritz-Carlton Residences, Marriott Hotels, Westin and Courtyard by Marriott. In addition to this, its most global brand, Sheraton Hotels & Resorts, will also debut in popular tourist destinations in Vietnam such as Ha Long Bay. Vietnam, being a top destination for tourists, has seen record levels of tourism over the past few years, which has prompted Marriott to expand its presence in the Vietnamese market. Currently, the company operates ten properties in Vietnam, comprising 3,294 rooms and spanning six of the company’s brands. Overall, would you invest in MAR stocks?
Norwegian cruise line
Norwegian Cruise, or Norwegian for short, is a cruise line that is the third largest cruise line in the world. The company has a combined fleet of 28 vessels with nearly 60,000 berths. It operates cruise brands such as Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. Additionally, these brands offer itineraries to more than 490 destinations worldwide. The company also has nine other vessels scheduled for delivery through 2027, including around 24,000 berths. Over the past month, NCLH stock has risen more than 15%.
Yesterday, Norwegian announced that it had reached an agreement with Huna Totem Corporation, a Native village corporation in Alaska. Notably, the two will work together to develop berthing and upland facilities in Whittier, Alaska. In fact, this is the second time the two companies have worked together. Namely, the project will include a marine vessel from all three of Norwegian’s cruise brands. Juan Kuryla, Senior Vice President of Port Development and Construction for Norwegian, added: “Alaska is one of the world’s premier cruise destinations and we are thrilled to once again partner with Huna Totem Corporation to develop facilities to enhance the experience of the hundreds of thousands of guests our brands bring to Alaska every year. That said, should you keep an eye on NCLH stocks?
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Airbnb, essentially operates as an online marketplace for homestays, vacation rentals, and tourism activities. He does not own any of the properties listed on his site. Instead, the company makes its profit from the commissions of each booking. For an idea of scale, its platform has over 6 million listings and has over 4 million hosts. In addition to this, there are active Airbnb listings in over 200 countries and regions. In February, Airbnb released its fourth quarter results that beat analysts’ estimates for profit and revenue.
For starters, Airbnb reported revenue of $1.53 billion, up 78% year-over-year and beating consensus estimates of $1.43 billion. As for its profits, the company brought in $55 million, a decent recovery amid the pandemic last year. Alongside this, it also expects nights and experiences booked in Q1 2022 to significantly exceed pre-pandemic levels in Q1 2019. The company also expects revenue to be between $1.41 billion dollars and $1.48 billion this quarter, beating analysts’ forecast of $1.24 billion. Given this rapid recovery, do ABNB shares pique your interest?
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