11/18/2013

Low supply, healthy demand, and strong corporate balance sheets are all giving hotel REITs a boost, according to panelists at a REITWorld 2013 forum. Jon Bortz, chairman and CEO of Pebblebrook Hotel Trust, said he doesn’t see supply shifting until 2017 or 2018. Meanwhile, Jay Shah, CEO of Hersha Hospitality Trust, said demand for travel facilities will grow for several reasons, including a democratization of the industry.

Full Story:
REIT.com

Related Summaries