5 Best Hotel Stocks To Invest In

2. Marriott International, Inc. (NASDAQ:MAR)

Number of Hedge Fund Holders: 49

An American multinational engaged in operating, managing, and franchising hotels, residential, and timeshare properties, Marriott International, Inc. (NASDAQ:MAR) is a Maryland-based corporation with 30 brands and over 7600 properties, located across 131 countries. Marriott International, Inc. (NASDAQ:MAR) is traded as a NASDAQ 100 Component and a S&P 500 Component, and is currently one of the best hotel stocks to invest in. 

Of the hedge funds monitored by Insider Monkey, 49 funds reported owning stakes in Marriott International, Inc. (NASDAQ:MAR) at the end of the second quarter.

Evercore ISI analyst Rich Hightower downgraded Marriott International, Inc. (NASDAQ:MAR) to In Line from Outperform, with a price target of $160, up from $145. He explained that Marriott International, Inc. (NASDAQ:MAR) has outperformed estimates in the last 60 days, so this rating is simply a valuation call. He also raised performance estimates for Q3. 

Here is what Artisan Partners has to say about Marriott International, Inc. in its Q2 2021 investor letter:

“Hotel operator Marriott had performed well in the pandemic reopening trade. Their subsequent weakness reflects that trade’s slowing momentum in Q2 as virus variants surged globally and rising uncertainty weighed on economic growth expectations. Still, we remain confident in this business. Each are leaders in their respective industries with wide moats and superior business economics. Each is led by a battle-tested management team we believe is executing well on an appropriately set strategy to deliver shareholder value. They are carefully and wisely financed, and they have undemanding valuations based on normalized earnings power.”