The structure and performance of US hotel real estate investment trusts
Language: English Series: Journal of Retail and Leisure Property ; 7(4) 2008, 275-290(16)Publication details: 2008Subject(s): Summary: Outlines the structure of US REITs (Real Estate Investment Trusts) and examines the performance of a relatively new subsector of the equity REIT market, hotel REITs. Finds that hotel REITs perform better than the equity REIT portfolio. However, hotels REITs are riskier than other equity REITs. Concludes that, on a risk-adjusted basis, hotel REITs did not outperform the market portfolio.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L146159 (Browse shelf(Opens below)) | 1 | Available | 146159-1001 |
Outlines the structure of US REITs (Real Estate Investment Trusts) and examines the performance of a relatively new subsector of the equity REIT market, hotel REITs. Finds that hotel REITs perform better than the equity REIT portfolio. However, hotels REITs are riskier than other equity REITs. Concludes that, on a risk-adjusted basis, hotel REITs did not outperform the market portfolio.