Best Hotel Stocks To Add to Your Watchlist - March 29th
Today, seven hotel stocks are capturing attention for investors looking to add to their portfolios. According to market analyses, these stocks include Booking Holdings, Keurig Dr Pepper, Hilton Worldwide, Carnival Co., Marriott International, Expedia Group, and Kraft Heinz. Hotel stocks represent shares of companies involved in managing and operating hotel facilities, thereby forming a key part of the hospitality and lodging sector.
These companies generate revenue through various services, such as accommodations and food and beverages, and their stocks are traded on public exchanges. The performance of these stocks often reflects tourism trends and overall economic conditions. Recent trading volumes suggest these companies could be interesting options for investors.
Booking (BKNG)
Booking Holdings Inc., previously known as The Priceline Group, specializes in travel and restaurant online reservations. It offers two main services through its online travel platforms. These connect customers with various providers for travel services globally. Customers can book accommodations ranging from hotels and hostels to vacation rentals via platforms like Booking.com, priceline.com, and agoda.com.
As of mid-day trading on Friday, the price for NASDAQ:BKNG fell by $118.56 to reach $4,634.24. The trading volume was about 185,437 shares, which is less than the average volume of 241,679. Over the past year, its share price reached a low of $3,180.00 and a high of $5,337.24. The firm has a market cap of $152.07 billion with a PE ratio of 26.78.
Keurig Dr Pepper (KDP)
Keurig Dr Pepper Inc. operates in the beverage sector, manufacturing and distributing various drinks and brewing systems. Its operations are divided into three segments: U.S. Refreshment Beverages, U.S. Coffee, and International.
During mid-day trading on Friday, KDP shares declined by $0.52 to $33.74, with a trading volume of 17,025,447 shares versus an average of 9,618,860 shares. The company’s market capitalization is approximately $45.78 billion. Its share prices fluctuated between $30.12 and $38.28 over the past year.
Hilton Worldwide (HLT)
Hilton Worldwide Holdings Inc. is a hospitality corporation involved in managing, franchising, owning, and leasing hotels and resorts. It has various hotel brands under its portfolio, offering services from luxury to economy accommodations.
On Friday, HLT shares fell by $6.56 to $225.49, with a trading volume of 1,942,326 shares against an average of 1,602,288. The company has a current market cap of $54.25 billion and its share price has varied from a low of $193.86 to a high of $275.22 over the past 12 months.
Carnival Co. (CCL)
Carnival Corp. is primarily involved in the cruise sector. The company operates various brands and segments, including cruise operations in North America and Australia as well as Europe and Asia.
As of Friday, the stock price for CCL decreased by $0.94 to $19.85, with a trading volume of 18,849,926 shares compared to an average of 26,164,150. Carnival's market capitalization stands at about $23.10 billion, with a price-to-earnings ratio of 14.28.
Marriott International (MAR)
Marriott International, Inc. operates, franchises, and licenses hotels and residential lodging across the globe. Its brands include JW Marriott, Ritz-Carlton, and many others catering to a range of market segments.
On Friday, MAR's share price fell by $7.44, reaching $237.01, with a trading volume of 1,570,675. Over the last year, stock prices moved between $204.55 and $307.52.
Expedia Group (EXPE)
Expedia Group, Inc. operates as an online travel agency providing a range of travel services. It functions through several segments, including B2C and B2B operations, offering accommodations, travel products, and marketplace services.
As of Friday, EXPE’s stock traded down by $0.97 at $168.10, with a trading volume of 1,807,176 shares, compared to an average of 1,947,934. Its market cap is $21.66 billion, with shares trading between $107.25 and $207.73 in the past year.
Kraft Heinz (KHC)
The Kraft Heinz Company produces and markets a range of food and beverage products worldwide. Their brand portfolio includes a variety of familiar names like Heinz, Kraft, and Oscar Mayer.
On Friday, KHC shares rose slightly by $0.17 to $30.24. The daily trading volume hit 8,252,439 compared to an average of 8,783,454. Kraft Heinz has a market capitalization of around $36.14 billion, with share prices ranging from a low of $27.25 to a high of $38.96 in the past year.
stocks, investing, hotel