TSX:HOT.DB.V - Post by User
Comment by
flamingogoldon Mar 10, 2022 2:49pm
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Post# 34503986
RE:HOT yields just over 5%
RE:HOT yields just over 5%While the distribution is nothing to get excited about, it pays one to wait. Despite high energy prices and increased operating costs, the return of corporate travel could be the catalyst to the next leg up. Corporate travel was completely wiped out by covid and a gradual partial return will be a boon for the industry. From TD today...
"As corporate/group travel begins to pick up, we expect AHIP's RevPAR to surpass 2019 levels" navajojoe wrote: And with the increased staffing and energy costs, likely won't raise that anytime soon. And with rising interest rates, if anyone thinks the share price will rise to $6 which would drop the yield well below 4%, they are dreaming.