Sun, Dec 21, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | REITs more

Shares of hotel REITs drop amid global sell-off

Posted on 07 October 2008

From Forbes: Shares of hotel real estate investment trusts dropped further on Monday amid a global market sell-off, after a gloomy forecast by Marriott International Inc. last week heightened investors’ worries about the already-battered industry.

In a note to investors on Sunday, Citi Investment Research analyst Joshua Attie cut his fourth-quarter and 2009 estimates for six lodging REITS to reflect lower-than-expected U.S. revenue per available room….. Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031