Host Hotels & Resorts: Probably The Best House In A Bad Neighborhood
Host Hotels & Resorts(HST) Seeking Alpha·2024-04-22 22:05
Thomas Barwick The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. - Warren Buffett In general, we do not like the travel industry, particularly the airlines (JETS), which Warren Buffett has even warned can be bad for your investment health. More generally, we are also not big fans of the travel sector as ...