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BHR - Ho-Ho-Hotels: Pack Up The Sled Who Cares About The Fed
Braemar Hotels & Resorts Inc.
As I became a real estate developer, I never had an itch to own motels or hotels.
I preferred owning simple net lease properties that required no operations in which the tenants pay for taxes, insurance, and maintenance.
Hotel REIT valuations are very attractive right now, and while I’m still somewhat skeptical of the heavy operational attributes, I cannot ignore their overall cheapness.