GSPNL Grand Korea Leisure Co., Ltd. Loading...

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13:30
Jun 10
Jeong Tae-geun Director, Mire Economic Research Institute 3PRO TV (삼프로TV)
Hotels boom on foreign tourism, won weakness.
Hotel stocks are the next rotation play after department stores. Foreign inbound tourism is surging due to the weak Korean won, making domestic hotels cheaper for foreign visitors. Seoul hotel occupancy rates are rising above 80%, average daily room rates are climbing past 300,000 KRW, and luxury five-star hotels are fully booked. The trend benefits companies with hotels concentrated in high-occupancy areas like Jung-gu, Jongno-gu, and Gangnam. GSPNL holds Nine Tree hotels in those prime locations, and Seobu T&D covers the Yongsan area, both poised for strong revenue growth.
GSPNL 1ST
HIGH

About GSPNL Analyst Coverage

Buzzberg tracks GSPNL (Grand Korea Leisure Co., Ltd.) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade ideas tracked.