BTG Hotels' share price drop may reflect investor pessimism. Last year's performance, worse than the 5-year annualized loss of 4%, suggests ongoing challenges. Investors should prioritize high-quality businesses even in a bear market.

Investor skepticism reflected in BTG Hotels (Group)'s low P/S ratio of 2.5x, given its slower projected growth rate. The low ratio appears to display a gloomy outlook on future revenue prospects.

Given BTG Hotels' current market valuation, its promising earnings and revenue growth may be reflected in the share price, trading at a higher rate compared to peers. Present market status may not allure potential investors. Current shareholders might contemplate selling below its market price, followed by buying back shares as the price reduces to average industry PE ratio.

BTG Hotels (Group)'s share price has dropped despite decent revenue growth, pointing to potential over-hyping. Unresolved challenges and poor past performance could impact future outcomes. A stable broader market could improve stock results.

I.2023 Travel Tourism New Trends
Since December 2022, along with the cancellation of PCR testing and allowing test positive to quarantine at home, domestic travel restrictions have now been fully liberalized. In the future, immigration is not ruled out and will gradually liberalize.
Concerning domestic travel trends, the data from Mafengwo shows that in 2021, about 70% of free-traveling users will choose to travel by car after heavy t...