Hospitality rebound: The hotel REIT capitalizing on travel's return
APLEApple Hospitality REIT(APLE) Finbold·2024-03-11 20:05

As witnessed by the travel restrictions not long ago, the hospitality real estate market remains highly dependent on various global factors, from market upturns and downturns to geopolitics and natural disasters. However, as worldwide travel and tourism is rebounding, the hospitality sector is on the uptake—with hotel real estate investment trusts (REITs) particularly performing well. One hotel REIT player remains at the helm of the upward trend, benefiting from increased occupancy and room rates and, in tu ...