A play on the surge back to going places in person. Owns, for example, the Grand Ole Opry. Largest provider of non-casino convention and hotel space in America. Similar trajectory as the return to cruise ships. A medium-term hold, as long as the trend continues. Relatively good valuation. Yield is 3.86%.
Grand Ole Opry, among other facilities. Convention business is booming. Believes it's the largest non-gaming convention centre business in America. Last few years have seen increased margins and upgraded clientele. More to run. Yield is 3.99%.
It is difficult to buy a hotel stock and put it away and forget about it. If there is one hotel stock to own, this is it. It has had a big sell off today because of CoVid19.
A play on the surge back to going places in person. Owns, for example, the Grand Ole Opry. Largest provider of non-casino convention and hotel space in America. Similar trajectory as the return to cruise ships. A medium-term hold, as long as the trend continues. Relatively good valuation. Yield is 3.86%.
(Analysts’ price target is $124.00)