Point/Counterpoint: The Case for Hotel Stocks

Of all the sectors of the U.S. economy that were hit hard when Covid-19 arrived, very few fared as badly as hotels.

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Point/Counterpoint: The Case for Hotel Stocks

Of all the sectors of the U.S. economy that were hit hard when Covid-19 arrived, very few fared as badly as hotels. After all, the pandemic forced thousands of holiday makers and business travelers to cancel bookings and stay at home to contain the spread of the deadly virus. Marriott International (NASDAQ:MAR), the hotel operator that also owns the Ritz-Carlton and St. Regis luxury brands, said that revenue per available room - a metric the industry uses to track performance - plummeted 90% worldwide by April. Share prices were crushed. But the worst may be behind the industry, with opportunities for investors to get in at a low point. Investing.com's Peter Nurse argues the bull case for hotels, while Yasin Ebrahim explains why the short-term looks painful for the sector. This is Point/Counterpoint.

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