Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Huazhu Hotels: 1 Little-Known China Tourism Stock


Huazhu Group Ltd (NASDAQ: HTHT) is an under-the-radar leisure stock that operates a wide range of hotels, primarily in China. Although it's not as recognizable as other leisure stocks, such as Hilton Hotels or Marriott International, it arguably has just as much potential for investors over the long term.

Founded in 2005, Huazhu Group Ltd has grown to over 4,600 hotels and over 460,000 rooms through a combination of organic expansion and expansion via M&A. In the first quarter of 2019, for example, the company averaged an opening of two new net hotels per day.

Image Source: Getty Images.

Continue reading


Source Fool.com

Like: 0
Share

Comments