Outlook Mixed for Lodging REITs

    Investors see dark clouds of “global financial distress” weighing on the otherwise strong fundamentals fueling the growth of the lodging industry. While this sentiment has been driving down stock prices, there are plenty of earnings reports coming out this month that show upbeat forecasts. So despite the fact that hotel stocks fell more than 22 percent in 2015 and are down another 13 percent this year, the outlook remains decidedly mixed. Lodging REITs took the brunt of investor disdain last year and are receiving mixed outlooks from analysts for this year. Bloomberg looks at the dynamic that’s driving hedge funds managers away from REITs. To read more, click here.

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