… the
irony is that hotel industry fundamentals remain sound and continue to improve,
although perhaps a bit more slowly. But the downturn in the price of hotel REIT
and C-corp stocks (many are about half of their value a year ago) now seems to
be shaping an important part of the industry psyche and investment mindset. In
this scenario, Wall Street is driving Main Street, instead of the other way
around. In other words, the jaundiced perspective of Wall Street is having a
real world effect on the hotel industry... The turnaround in hotel investor sentiment - eHotelier
irony is that hotel industry fundamentals remain sound and continue to improve,
although perhaps a bit more slowly. But the downturn in the price of hotel REIT
and C-corp stocks (many are about half of their value a year ago) now seems to
be shaping an important part of the industry psyche and investment mindset. In
this scenario, Wall Street is driving Main Street, instead of the other way
around. In other words, the jaundiced perspective of Wall Street is having a
real world effect on the hotel industry... The turnaround in hotel investor sentiment - eHotelier
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