Caption
Marriott Marquis San Diego Marina. Photo courtesy of Host Hotels & Resorts.
Lodging REITs own and manage hotels and resorts and rent space in those properties to guests. Lodging REITs own different classes of hotels based on features such as the hotels’ level of service and amenities. Lodging REITs’ properties service a wide spectrum of customers, from business travelers to vacationers.
Many well-known hotel brands, including Hilton, Marriott, and Ritz-Carlton, operate out of REIT owned properties.
Who Invests in Lodging/Resorts REITs?
Along with individuals who invest in REITs either directly or through Thrift Savings Plans (TSPs), 401ks, etc., institutional investors such as pension funds, endowments, foundations, insurance companies, and bank departments also invest in REITs.
How to Invest in Lodging/Resort REITs
There are numerous lodging/resort REITs listed on the FTSE Nareit US Real Estate Indexes available that individuals can invest in directly with the help of a broker or by purchasing shares in a participating REIT mutual fund of REIT exchange-traded fund (ETF).
Overview
11/30/2024, Source: FTSE
Number of REITs
12
Dividend Yield
4.19%
YTD Total Return
1.46%
November Total Return
9.14%
2023 Total Return
23.92%
Quarterly Data
Source: Nareit T-Tracker
| Q3 2024 | 2024 | |
|---|---|---|
| FFO ($M) | $790 | $2,869 |
| NOI ($M) | $1,405 | $4,725 |
| Dividends paid ($M) | $449 | $1,830 |
| SS NOI | - | |
| Occupancy Rate | - |
