The coronavirus pandemic has hammered the hospitality industry, with real estate investment trusts that own and manage hotels and resorts getting hit especially hard. But some REITs are relatively stable — specifically those with large holdings in the extended-stay and limited-service segments, according to the Wall Street Journal. Chatham Lodging Trust, Apple Hospitality and Summit Hotel Properties in particular have been able to keep the lights on in most of their hotels. Chatham, for example,
source https://therealdeal.com/2020/08/29/extended-stay-hotels-may-protect-some-reits-from-hospitality-armageddon/
No comments:
Post a Comment