Analysts say hotel fundamentals strong
Investors realize they were too negative when fundamentals are still fine
Despite concerns over inflation, rising interest rates, bank failures and other challenges to the overall economy, hotel industry analysts expect executives at hotel brand companies and real estate investment trusts will have mostly positive reports for the first quarter because the industry fundamentals are still strong.
Key takeaways
- It’s a rolling recession concern that pops up each quarter and then moves on to the next one when things continue to perform well;
- The pandemic, which disproportionately affected the hotel industry, has complicated year-over-year performance comparisons, and can give the often-false impression of slowing growth.
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