The resort sector has witnessed high demand after the pandemic restrictions were lifted. Despite the challenges posed by various macroeconomic factors, travel and hospitality demand has remained strong. Amid soaring travel demand and a tight labor market, the resort sector is well-positioned for growth.
Amid this backdrop, it could be wise to buy fundamentally strong resort stocks, Marriott International, Inc. (MAR) and Hilton Grand Vacations Inc. (HGV). On the other hand, it could be wise to avoid Sonder Holdings Inc. (SOND) due to its weak fundamentals and poor growth prospects.
