A Recovering REIT In 2021: Braemar Hotels And Resorts
Braemar Hotels Resorts, Inc. was one of the Benzinga Global Small-Cap Conference sponsors on December 8-9, 2020. The information contained in this article in no way represents investment advice or opinion on the part of Benzinga or its writers and is intended for informational purposes only. Real estate investment trusts (REITs) have always been an attractive investment for their tax benefits, portfolio diversification, and their tendency for above-average dividend yields. Much like every industry, however, COVID-19 impacted REITs creating significant uncertainties, especially to hotels and resorts. The current health emergency launched the global hospitality industry into unfamiliar territory and disrupted the market’s perception and economic growth. While undoubtedly 2020 was a slow year, with vaccines starting to roll out more broadly in 2021, things are slowly taking off. In fact, Braemar Hotels Resorts, Inc. (NYSE: BHR ), a real estate investment trust (REIT) company focused on investing in luxury hotels and resorts, has seen improvement sentiments with its stocks showing promising trading signs since the beginning of the year.
A Recovering REIT In 2021: Braemar Hotels And Resorts
Braemar Hotels Resorts, Inc. was one of the Benzinga Global Small-Cap Conference sponsors on December 8-9, 2020. The information contained in this article in no way represents investment advice or opinion on the part of Benzinga or its writers and is intended for informational purposes only. Real estate investment trusts (REITs) have always been an attractive investment for their tax benefits, portfolio diversification, and their tendency for above-average dividend yields. Much like every industry, however, COVID-19 impacted REITs creating significant uncertainties, especially to hotels and resorts. The current health emergency launched the global hospitality industry into unfamiliar territory and disrupted the market’s perception and economic growth. While undoubtedly 2020 was a slow year, with vaccines starting to roll out more broadly in 2021, things are slowly taking off. In fact, Braemar Hotels Resorts, Inc. (NYSE: BHR ), a real estate investment trust (REIT) company focused on investing in luxury hotels and resorts, has seen improvement sentiments with its stocks showing promising trading signs since the beginning of the year.