$8.02
-0.19 (-2.31%)
DiamondRock Hospitality Company (DRH)
CAPS Rating:
The Company is a lodging focused real estate company that owns, hotels and resorts.
The Company is a lodging focused real estate company that owns, hotels and resorts.
Recs
Hotel REITS will continue to be a solid investment. Out of all the real estate sectors, I think hotels are #1 right now. people are still traveling a lot and are staying in hotels. Occupancys overall are good and the average daily rate (ADR) keeps going up. There is also a lot of new development in the pipeline across the country. I think you can not go wrong with hotel REITS.