Top 5 Real Estate Stocks to Own According to LDR Capital

4. Playa Hotels & Resorts N.V. (NASDAQ:PLYA)

LDR Capital owns just under 1.2 million shares of Playa Hotels & Resorts N.V. (NASDAQ:PLYA) as of September 30, a position worth $9.95 million at that time. Unlike other names in the sector, hedge funds have actually become more bullish on PLYA since the beginning of the pandemic and particularly in 2021, with ownership of the stock up by 44% during that time.

The builder and operator of resorts have rewarded investors with a strong showing this year, as Playa Hotels & Resorts N.V. (NASDAQ:PLYA)’s revenue surged by 426.4% during the third quarter, to $151.28 million, easily beating estimates. The company enjoyed higher rates during the quarter which is expected to continue into the fourth quarter and beyond thanks to burgeoning flight capacity into some of its most important locations.