Investing in hospitality – an HL fund manager’s view

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HL Select Fund manager Steve Clayton sees challenges in the hospitality industry, and explains what he and the teams look for in great businesses when building the HL Select range.

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

31 July 2023

Hospitality is an industry we’re all familiar with, but this doesn’t mean it’s without its challenges. It’s a notoriously tough sector to be in. Staff turnover can be high, guests expect high standards, and rising costs are testing even the biggest players.

Let’s look at the challenges the industry faces, and the things I look for in a great hospitality business when making decisions for the HL Select range.

This article isn’t personal advice. If you’re not sure what to do, ask for financial advice. All investments fall as well as rise in value, so you could get back less than you invest.

The information provided is the fund manager’s view and not individual stock recommendations.

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