Hotel REITs Plan to Be Active Buyers and Sellers Through Recovery
Well-Positioned Companies Believe More Opportunities Await
May 17, 2021 | Bryan Wroten | Costar
Though the number of distressed hotel transactions stemming from the COVID-19 pandemic is nowhere near the amount hoteliers expected, deals are still happening.
Whether it’s selling off one or a handful of properties to right-size a portfolio and lower debt levels, making an off-market acquisition or setting themselves up to buy as more assets come to market, executives at hotel real estate investment trusts are finding opportunities.
Here are some highlights of executive commentary from first quarter 2021 hotel REIT earnings calls.
