Hotel REITs Undermined by Weak Business Travel, Green Street Analyst Says

Lukas Hartwich, senior analyst at Green Street Advisors, joined for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Hartwich discussed the factors contributing to lagging fundamentals in the lodging sector. The most prominent one, he said, is weakness in business travel and spending. Hartwich pointed out that business travel accounts for about 75 percent of demand for lodging REITs.


SoTHERLY Hotels CEO says REIT’s Group Travel Activity Boosting ADR

Andrew Sims, chairman and CEO of SoTHERLY Hotels Inc. (NASDAQ: SOHO), joined for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

SoTHERLY owns a portfolio of full-service hotels primarily located in the high-growth markets of the Southern United States.

Group travel has been a catalyst for growth at SoTHERLY so far this year. Sims discussed factors behind those gains.