PLYA - Playa Hotels & Resorts: Occupancy Growth Across Dominican Republic Quite Encouraging
2024-05-29 23:04:32 ET
Summary
- Playa Hotels & Resorts has seen impressive growth in occupancy and RevPAR across the Dominican Republic segment of the portfolio.
- Revenue growth across the Yucatan Peninsula has also been encouraging.
- I take a bullish view on Playa Hotels & Resorts.
Investment Thesis: I revise my rating on Playa Hotels & Resorts from Hold to Buy....
Playa Hotels & Resorts: Occupancy Growth Across Dominican Republic Quite Encouraging