Hospitality Properties Trust (NYSE:HPT)
CAPS Rating:
The Company is a real estate investment trust which invests in real estate used in hospitality industries.
The Company is a real estate investment trust which invests in real estate used in hospitality industries.
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Recs
REIT's in general, and the hospitality business in particular, are in for a rough road in the foreseeable future. This represents a double-whammy for HPT, which could very well cease to exist within a few years. Falling revenues, the next leg down in the bear market, and rising interest rates all spell doom.