Quantcast
Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
ALERT

World's Medical Testing Leader Awarded High Rank in Best Dividend Stocks List

Dividend logo

What a difference a few years makes. During the recession, the hotel and lodging sector was one of the worst hit industries. On one hand, reduced corporate and consumer spending meant less people traveling for business or pleasure. Rooms went empty and RevPAR numbers/profits dropped like crazy. On the other, values for hotel real estate hit some of the lowest levels not seen in years. That resulted in plenty of underwater commercial mortgages, breached debt covenants and inability to refinance.

The hotel and lodging REITs were stuck. In fact, many were forced to cut formally lucrative dividend payouts to preserve cash and stay afloat.

But you wouldn’t know that when looking at the hotel REITs today.

Profits are up, dividends have been reinstated and sector is booming amid rising travel and activity. The halcyon days are here again for the lodging REITs. And dividend investors may want to take notice.

To read the Full Story, Go Premium or Log In

Popular Articles

News

Johnson & Johnson Increases Dividend by 5%

Each day, companies across the globe announce upcoming dividend payouts. In our Dividend Payout...

Premium Shutterstock 128065730
News

The Market Glance for May 22: Monetary Policy, Economic Data Pack One-Two Punch

With corporate earnings season winding down, investors are shifting their attention back to...

News

Union Pacific Leads 150 Stocks Going Ex-Dividend This Week

There are 150 stocks going ex-dividend this week starting Monday, May 22. For income investors...