Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. On the date of publication, Louis Navellier has no positions in the stocks in this article. This stock has a B-rating in my Portfolio Grader. It’s also adding new hotels to its up-market Ascend line and making build out of its Cambria line more efficient and attractive to potential operators in secondary and leisure markets.ĬHH stock has risen 27% year-to-date and trades at a current P/E of 56x. Q4 should see CHH business increase as the holidays arrive. And CHH is one of the leaders in giving travelers a comfortable, clean place to lay their heads.
Travel sports and quick family trips as well as weigh stations on multi-day long distance trips are big business, especially in the U.S.
In the U.S., CHH has a big share of the budget market, which is one of the more resilient sectors. Choice Hotels International (NYSE: CHH)įrom EconoLodge, Comfort Inn, Quality Inn to Mainstay Suites and Clarion to Ascend, CHH has 12 brands, over 7000 hotels in more than 40 countries.Going into the holiday season, there’s a lot of optimism these quality companies will come roaring back, or in some cases, continue roaring higher. One-family-one-location rentals - and motor homes - were more appealing.īut the hotels and resorts have upgraded their cleaning processes and open space protocols. Online apartment and house rentals came back faster since they didn’t have huge properties with hundreds of guests. Some of the biggest winners at this point are resorts and hotels. Smart protocols are minimizing risks while allowing us to get back on the road for fun, family or business.
#Best travel stocks to buy now how to#
It finally looks like travel stocks are gaining traction again, even as we continue to deal with a new wave of delta variant.Īlso, as we work through our second year of Covid, we’re managing to learn how to live with it and not let it paralyze us.
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