Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience


Pricing
Go Premium Now
Login
Best Dividend Stocks
Ex-Dividend Dates
High Yield Stocks
Strategies
Tools
Articles
Premium
Advisors
Guaranteed Income

Stock Market Price

News

Still More Gains Ahead For The Hotel & Lodging REITs

Aaron Levitt May 18, 2016


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