Hotel REITs: The Most Contrarian Idea I Have [View article]
Your timing could not be worse. Hotels are one of the most over leveraged classes of RE. Hotel Reits overpaid during the boom years by 50 to 100% of NAV. Not sustainable. Watch out below. RevPar still declining throughout the sector. Demand/Supply way out of balance. No 'b lood in the streets' yet. But it'll come.
Hotel REITs: The Most Contrarian Idea I Have [View article]
No 'b lood in the streets' yet. But it'll come.