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home / news releases / hotel reits dividend cut bloodbath


PFFR - Hotel REITs: Dividend Cut Bloodbath

REIT Rankings: Hotels

(Hoya Capital Real Estate, Co-Produced with Brad Thomas)

Hotel REIT Sector Overview

"No vacancy" has become "no occupancy" for Hotel REITs in 2020, which have been hit harder than any property sector during the coronavirus pandemic and resulting economic lockdown amid an existential crisis for the leisure and hospitality industry. Following a record year of occupancy and revenues in 2019, the hotel industry is expecting a mind-blowing 50% plunge in revenues in 2020. Within the Hoya Capital Hotel REIT Index, we track the 18 largest hotel REITs, which account for

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Stock Information

Company Name: ETFIS Series Trust I
Stock Symbol: PFFR
Market: NYSE

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