Top Hotel Stocks for Q2 2023
Top hotel stocks for the second quarter include MGM Resorts International, Marriott International Inc., and H World Group Ltd., shares of which have outperformed their industry peers over the past year.
The hotel industry is split into two main categories of companies: C-corporation hotels and hotel real estate investment trusts (REITs).
C-corporation hotels are generally engaged in hotel management, branding, and marketing, and are best represented by the S&P 1500 Hotels, Resorts, and Cruise Lines Sub-Industry Index, which had a total return over the past year of 7.9%.
Hotel REITs are companies that focus on the acquisition, ownership, and operation of hotel real estate. These companies are best represented by the S&P 1500…