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Hotel REITs 2024: Golden Opportunity Or Fool's Gold?
Wednesday, December 27, 2023 - 12:51pm | 1688As 2023 nears completion, investors in real estate investment trusts (REITs) are feeling more optimistic. After a prolonged slump throughout 2022 and the first 10 months of 2023, REITs have rallied over the past two months. Pauses in interest rate hikes, along with the likelihood of three interest...
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The Other Apple Stock That Pays A Monthly Dividend With A 5.7% Yield
Monday, December 18, 2023 - 10:47am | 757Apple Inc. (NASDAQ:AAPL), the world's most valuable company in terms of market capitalization, is an investor-favorite stock. As the tech sector rebounded this year after a brutal rout, Apple has been one of the best-performing large-cap stocks, gaining nearly 50% year-to-date. Legendary...
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Equity Fund Buys Hersha Hospitality Trust: Hotel REITs Go Wild
Wednesday, August 30, 2023 - 6:00am | 1290Wall Street reporters have a phrase to describe stocks that rise when another stock of the same sector reports excellent news. They write, "Other stocks rose in sympathy." These so-called sympathy stocks don't have any of their own news to propel them higher, but investors surmise that if one stock...
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This Hotel REIT Just Made A Strong Case To 'Park' Your Cash With It
Monday, May 1, 2023 - 1:58pm | 591In 2023, investors looking for turnaround plays in the real estate investment trust (REIT) sector will have to sort through dozens of issues that are down significantly from highs made in 2021 or perhaps the beginning of 2022. That’s because so many REITs are still down 20%, 30% or more from...
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Hotel REITs Are On Fire — Will The Heat Continue?
Tuesday, January 24, 2023 - 1:16pm | 1476When it comes to choosing stocks that will outperform over the short or long term, investors can compare the relative strength of an individual stock or sector to other stocks or the benchmark index to assess the likelihood of ongoing good performance. When institutions buy stocks, they can only do...
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Host Hotels Vs. Apple Hospitality: Which REIT Is The Better Buy Right Now?
Monday, January 23, 2023 - 3:03pm | 1099After terrible performances in 2022, real estate investment trusts (REITs) that own and operate hotels and resorts have been making a solid comeback. Over the past month, 9 of 11 hotel REITs have increased share prices, and all 11 have risen 4% or more in just the last five trading days. But with...
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Is Now A Good Time To Buy Host Hotels?
Thursday, October 20, 2022 - 6:38am | 681Host Hotels & Resorts Inc. (NASDAQ: HST) is off about 28% from its high of $21.63 set last May. The dividend of 48 cents is 3%. So is now a good time to buy this real estate investment trust (REIT)? Take a closer look: On its website, Bethesda, Maryland-based Host Hotels & Resorts calls...
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3 Hotel REITS With The Highest Upside, According To Analysts
Tuesday, September 27, 2022 - 1:24pm | 693Almost every sub-sector of REITs has been hit hard in 2022 as inflation and recession worries have taken their toll on markets. Hotel REITs have been one of the worst REIT performers during this time. Many in the group are down 40% or more and several of these hotel REITs have recently...
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REITs Showing Strong Gains At Thursday Close
Thursday, July 7, 2022 - 5:03pm | 427The major real estate investment trusts followed the general market higher Thursday and most closed in the green. There were two outstanding performers today closing more than 4% higher each. Park Hotels and Resorts (NYSE: PK) climbed a solid 5.81% on very heavy buying volume: Reversing Wednesday...
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Hospitality Industry Seeing Strong Recovery, but are Hotel REITs Still Overvalued?
Monday, April 25, 2022 - 10:32am | 770During the height of the COVID-19 pandemic, hotels and other entertainment-related businesses came to a near halt. Luckily, vaccines, natural immunity and other factors are causing life to return to normal. Hotels are expected to lock in 60% of pre-COVID revenues in FY22. In March 2022, Park Hotels...
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The Marriott/Starwood Merger Could Be A Sign Of More Hotel Deals To Come
Monday, November 16, 2015 - 3:51pm | 523Marriott International Inc (NASDAQ: MAR)’s buyout of Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) met with a poor initial market reaction. The deal is likely in part due to increasing pressure on hotels from online travel agencies. The Marriott/Starwood deal could signal the...