5 Cheap Travel Stocks to Buy Now

3. H World Group Limited (NASDAQ:HTHT)

Upside Potential: 45.63%
Price target: $60.35
Number of Hedge Fund Holders: 33

H World Group Ltd (NASDAQ:HTHT) is another cheap travel stock worth closely watching as it develops leased and owned and franchised hotels in China. It is one of the companies well poised to benefit from opening Chinese borders with the asking of travel restrictions due to COVID-19.

While this stock is down by about 3% year to date, it appears to be trading at a discount as analysts have an average price target of $60.35, implying it could rally by 45.63% from current levels.

As of the end of the first quarter of 2023, Insider Monkey’s database indicates that 33 hedge funds, tracked by the platform, held stakes in H World Group Limited (NASDAQ:HTHT). The combined value of these hedge funds’ stakes amounted to $864.72 million.

Follow Huazhu Group Limited (NASDAQ:HTHT)