10 Most Undervalued Hotel Stocks To Invest In Now

4. Las Vegas Sands Corp. (NYSE:LVS)

Forward P/E: 18.02

Analysts’ Upside Potential: 16.92%

Las Vegas Sands Corp. (NYSE:LVS) is a developer and operator of integrated resorts that include hotels, casinos, entertainment, retail, and more. The company has properties in Macao and Singapore.

In the third quarter of 2024, Las Vegas Sands Corp. (NYSE:LVS) reported net revenue of $2.68 billion, down from $2.80 billion the previous year. Net income also decreased to $353 million from $449 million in the same quarter last year.

Despite these declines, Las Vegas Sands Corp. (NYSE:LVS) remains focused on its strategic goals and continues to invest in its properties. The company is enhancing its offerings in Macao, where it is committed to improving the tourism appeal of the region. The ongoing recovery in Macao during the third quarter of 2024 shows promise, although visitor numbers have not yet returned to pre-pandemic levels.

The company is investing in development work at the Londoner in Macao. Las Vegas Sands Corp. (NYSE:LVS) opened The Londoner Grand Casino in the last week of September, marking a key milestone in the resort’s transformation. Alongside the casino, the company also opened 300 Londoner Grand suites, with plans to introduce more throughout the next three quarters. By Lunar New Year 2025, a total of 1,300 suites will be available, and the full complement of 1,500 suites and 905 rooms is expected to be ready by Golden Week 2025. These enhancements are part of a broader strategy to elevate guest experiences and position The Londoner Macao as a premier destination in the region.

In Singapore, Marina Bay Sands has faced challenges in Q3 2024 due to low hold but continues to perform well overall. Las Vegas Sands Corp. (NYSE:LVS) has introduced new suite options and elevated service standards, positioning itself for growth as travel demand increases in Asia.

Las Vegas Sands Corp. (NYSE:LVS) maintains strong financial health, with significant cash flow supporting ongoing capital investments and shareholder returns. During the quarter, LVS repurchased $450 million in shares and plans to continue this trend with an authorized $2 billion for future buybacks. Additionally, the annual dividend was raised to $1.00 per share for 2025.

Analysts are also bullish on LVS. Analysts currently hold a consensus buy rating on the stock and the 1-year median price target set by analysts indicates a potential upside of 16% from current levels. This brings LVS to the fourth spot on our list of the most undervalued hotel stocks to invest in now.