How hotel companies are surviving the coronavirus
The kind of hotels you’d most like to stay in aren’t necessarily those you’re best off investing in during a pandemic.
The plush global hotel brands favored by international business executives have been hit hardest by Covid-19, and will likely take longest to recover. Some may even have to rethink how they make money.
U.S. midmarket hotels have held up better as many more humble business folk have no choice but to travel for work. On the stock market, that has rewarded Hilton Worldwide over M…