- Much of the beaten-up lodging REIT sector looks like a buy to Canaccord, which initiates RLJ Lodging (NYSE:RLJ), Summit Hotel (NYSE:INN), Hersha Hospitality (NYSE:HT), DiamondRock (NYSE:DRH), Strategic Hotels (NYSE:BEE), and Ashford Hospitality (NYSE:AHT) with Buy ratings.
- Rating only a Hold are Host Hotels (NYSE:HST), LaSalle Hotel (NYSE:LHO), Sunstone Hotel (NYSE:SHO), and Hospitality Properties (NYSE:HPT).
- Non-REIT lodging players, Starwood (HOT) rates a Buy and Marriott (NYSE:MAR) a Hold.
Canaccord launches lodging sector coverage, spots value in much of it
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| Symbol | Last Price | % Chg |
|---|---|---|
| RLJ | - | - |
| RLJ Lodging Trust | ||