Lodging REITs: Ready for an encore?

Cornell Hotel and Restaurant Administration Quarterly

Volumn 39, Issue 6, 1998, Pages 52-59

  Beals, Paul ^a   Arabia, John V ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0032337665     PISSN: 00108804     EISSN: None     Source Type: Journal    
DOI: 10.1177/001088049803900610     Document Type: Article

References (7)

1. Lodging Research Network (Price Waterhouse Coopers): ≪www.lodgingresearch.com≫.
2. Our discussion of REIT history and the mortgage REITs of the 1970s draws on: A.J. Singh, "Factors Impacting the Growth and Decline of Mortgage REITs in the 1970s," Hospitality Financial Management Review, Vol. 11, No. 2 (Summer 1998), p. 2.
3. For example, data from Smith Travel Research show that the national occupancy rate of 64.5 percent for calendar-year 1997 represents a decline from 1994's 64.7-percent occupancy rate. During the same period, however, STR's data show that the national average daily rate increased 17 percent, from $64.24 to $75.16.
4. For example, see: P. Linneman, "Changing Real Estate Forever," Journal of Real Estate Investment Trusts, Vol. 2, No. 2 (October 1997), pp. 3-8.
5. For a full discussion of conflicts of interest in REITs, see: L.B. Sagalyn, "Conflicts of Interest in the Structure of REITs," Real Estate Finance, Vol. 13, No. 2 (Summer 1996), pp. 34-51.
6. R.K. Burch and R.S. Taylor, "The Internal Conflicts of Hotel REITs: Part I," Real Estate Review, Vol. 27, No. 3 (Fall 1997), p. 18.
7. See also by the same authors: "Curing the Internal Conflicts of Hotel REITs," Real Estate Review, Vol. 27, No. 4 (Winter 1998), p. 37.