reits
HVS Monday Musings: Understanding Hospitality REIT
Anand Rai | January 16, 2023
By Anand Rai, Dipti Mohan The US government first established Real Estate Investment Trusts (REITs) in the 1960s, allowing retail investors access to the nation's vast portfolio of income-producing real estate assets. Since then, the REITs market has expanded significantly across many real estate asset classes, including hospitality. The first hospitality REIT (or lodging REIT) was introduced in the US in 1970, but this asset class didn't start to gain popularity until the mid-1990s when investors realized they could own and profit from lucrative hotel assets without having to spend a significant sum of money to acquire the asset. Today, a...
AETHOS Releases Hotel Asset Management Compensation Survey
AETHOS Consulting Group | April 2, 2018
April 2, 2018 – With survey results of more than 200 responses from asset management executives at public lodging REITS, owners and developers, asset management advisory firms and hotel management companies; AETHOS Consulting Group releases the largest study of its kind: The Hotel Asset Management Compensation Report. According to AETHOS Managing Director David Mansbach, author of the study, "The hotel industry is at an inflection point; the current industry cycle calls for flawless execution on asset preservation initiatives, Yet the supply of high performing asset management executives is at an all-time low." Mansbach adds that ...
Citing REIT’s are Most Affected by Airbnb, Merrill Lynch Analysts Downgrade Many Large Hotel Groups
August 17, 2015
MarketWatch reports that by the end of 2016, Merrill Lynch analysts say listings on home-renting platform Airbnb Inc. could make up as much as 1.2% of hotel offerings. But as a fast-growing startup, with an estimated 40% to 50% growth in listings per year, Airbnb listings could make up 3.6% to 4.3% of inventory by 2020, the analysts say. "Our preliminary work suggests Airbnb is a force to be reckoned with that is likely to have an increasing impact on the travel landscape," the analysts wrote. In increasing its market share, Airbnb is expected to help the overall room supply finally meet consumer demand. That should force hotels to lowe...
