Is Hilton Worldwide Holdings Inc. (HLT) the Best Hospitality Stock to Buy According to Hedge Funds?
We recently compiled a list of the 10 Best Hospitality Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Hilton Worldwide Holdings Inc. (NYSE:HLT) stands against the other hospitality stocks.
The hospitality industry is growing quickly and covers businesses related to lodging, dining, tourism, and other services. Approximately 17 million individuals, or more than 10% of the US total, are employed in the leisure and hospitality industry, according to the US Bureau of Labor Statistics. The industry remains a major attraction for recent immigrant labor and an engine of upward mobility, and hotels continue to be sites where hourly staff can advance to the executive suite.
However, the…
