What's on Wells Fargo List of Overweight Lodging REITs


Hotel and resort actual property funding trusts (REITs) have outperformed the general REIT market this yr amid booming journey.

The Nareit Lodging/Resorts index has returned a unfavorable 1.64% yr up to now via June 10, in comparison with a unfavorable 19.45% return for the Nareit Equity REIT index.

Wells Fargo analysts lately met with 11 lodging REITs and got here away with constructive conclusions, together with:

1) “Business transient and group demand continue to surprise to the upside,” they wrote in a commentary.

Source: www.thestreet.com