REITs still shy away from hotel investments

01/20/2012 | GlobeSt.com

Private equity and institutions are now more likely to invest in hotels than are REITs. "REITs are likely to be less active buyers as their share prices are still well below the highs of the summer of 2011, although they may make a comeback in the second half," said Arthur Adler, managing director and CEO of the Americas for JLL Hotels. In general, hotel transaction volume is expected to meet 2011 levels as fundamentals improve.

View Full Article in:

GlobeSt.com

Published in Briefs: