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The Company is a Maryland real estate investment trust organized to buy, own and lease primarily upscale and luxury full-service hotels located in convention, resort and major urban business markets.
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.
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