The structure and performance of US hotel real estate investment trusts
Jackson, Leonard A.
The structure and performance of US hotel real estate investment trusts - 2008 - Journal of Retail and Leisure Property 7(4) 2008, 275-290(16) .
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.
United States--1959-
The structure and performance of US hotel real estate investment trusts - 2008 - Journal of Retail and Leisure Property 7(4) 2008, 275-290(16) .
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.
United States--1959-