A.I. in D.C., Time to Buy, and 3 Buys & A Bail 7/21/23
The Exchange
00:00
The Rise of Hotel Brands
Some of the asset-light hotel brands like Marriott, Hilton, Hyatt have seen their stock prices jump 20% or even more this year. Part of it has to do with higher cost of capital plus they're sitting on properties that are in a lot of the destinations where prices are coming down. If you were looking to check into a hotel for $200 or less, take a look at Myrtle Beach, San Diego, Galveston, Texas. There are some under the radar beachy destinations where you can find good value as prices go down.
Play episode from 45:22
Transcript
