The hotel industry is booming as America’s economic recovery continues. In 2016, hotel revenues across the board climbed more than 4% to hit nearly $200 billion — a record high. Meanwhile, STR and Tourism Economics forecast that U.S. hotels will continue chugging up the mountain over the next few years. Here are three hotel-focused REITs that pay sizable yields (up to 7%). Two of them have big upside potential while the third is proof-positive that even a bright industry has a few bad seeds...
Apple Hospitality REIT (NYSE:APLE) owns a whopping 235 hotels spanning 33 states and containing 30,000 guestrooms. These properties feature mid-upscale brands across the Hilton and Marriott families — such as Hiltons, Hampton Inns, Embassy Suites, Fairfield Inns, Homewood Suites, Renaissance Hotels and more. Ryman Hospitality Properties, Inc. (REIT): (NYSE:RHP) does more than just typical hotels – it primarily invests in “group-oriented, destination hotel assets.” It’s actually a small base of four properties — “meeting-focused” resorts under the Gaylord Hotels brand, but those four properties combine for just over 7,800 rooms. Chesapeake Lodging Trust (NYSE:CHSP) has the highest dividend of the bunch at nearly 7%, but that’s about all CHSP really has to boast about at the moment.
Source: InvestorPlace
Related Articles:
- High-Yield Managed Distribution Policy Funds
- 6 Blue Chip Dividend Stocks For When the Chips Are Down
- The 2016 Elite Dividend Stocks List
- My Top 3 Investing Mistakes
- 6 Stocks Currently Trading Below their Fair Value
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
So, stocks are the place to go. But which stocks? While the market is clearly the place to go for strong returns, investors have different p...
-
Strange but true: seniors fear death less than running out of money in retirement. So what's a retiree to do? You could cut your expense...
-
If you're anticipating a long retirement, you'll want to remain invested in stocks to give your money a chance of outpacing inflatio...
-
When writing this article, I was looking for an ideal list of dividend-paying stocks that consistently raise their dividends each year. In a...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
If I could teach investors one thing, it would be how to identify and value “Forever Assets.” These businesses constitute the single best wa...
-
Exxon Mobil Corporation (NYSE:XOM) stock is trading at the same level as it was during the beginning of 2019. Even with company-specific pos...
-
As a new decade approaches, it's a good time to think about putting a few stocks in your portfolio that can stand the test of time, pote...
-
One of the Best Dividend Stocks of the Past Decade. If you ask most people to name the best dividend stocks, they’ll rattle off a similar li...
-
Dividends are profit sharing payments sent out to stockholders. Companies have a variety of reasons for paying them, ranging from simply swe...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.