Stock Track | HWORLD-S Soars 5.75% on Improving Hotel Industry Metrics and Positive Analyst Outlook

Stock Track
Nov 10

HWORLD-S (01179) shares surged 5.75% during intraday trading on Monday, reaching HK$33.1, as investors reacted positively to improving trends in the hotel industry and upbeat analyst forecasts. The stock saw robust trading activity with a volume of HK$64.37 million, reflecting strong market interest.

The rally comes on the heels of a recent Morgan Stanley research report highlighting a narrowing decline in revenue per available room (RevPAR) for the hotel industry in Q3, particularly driven by better-than-expected performance in September. The positive momentum has reportedly extended into October and is expected to continue through Q4. Morgan Stanley anticipates HWORLD-S to outperform expectations in Q3, citing favorable RevPAR trends and benefits from operational leverage.

Looking ahead, the outlook for HWORLD-S and the broader hotel industry appears promising. Guosen Securities noted that the hotel industry's RevPAR decline continued to narrow sequentially, indicating improving cyclical conditions and operational momentum. Industry experts project a moderate decline of 0-3% in Q4, with potential for earlier valuation recovery in the coming year. Factors contributing to this optimistic outlook include expected moderation in industry supply growth, potential policy-driven business travel recovery, and flexible leisure travel arrangements.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10