SVC - Mall hotel REIT stocks fare better than retailers amid recovery concerns

While concerns over the COVID-19 Delta variant and its potential to slow the recovery put pressure on the major U.S. stock averages, and retail stocks in particular, investors don't seem as worried over mall and hotel REITs.The big mall operators are mostly in the green: Simon Property Group ([[SPG]] -0.2%), Pennsylvania REIT ([[PEI]] +1.3%), Tanger Factory Outlet Centers ([[SKT]] +1.0%), and Macerich ([[MAC]] +1.9%).Stocks of shopping center REITs, which mostly don't operate enclosed malls, are more mixed — Washington Prime Group ([[WPG]] -3.1%), which filed for Chapter 11 bankruptcy last month; Kimco ([[KIM]] -0.6%); Federal Realty Investment Trust ([[FRT]] +0.4%), EPR Properties ([[EPR]] -1.1%), Whitestone REIT ([[WSR]] -1.4%), Site Centers ([[SITC]] -0.9%), Brixmor Property Group ([[BRX]] -1.1%).And investors apparently don't expect vacationers to change their plans  — Chatham Lodging Trust ([[CLDT]] +0.2%), Apple Hospitality REIT ([[APLE]] +1.1%), Ashford Hospitality Trust ([[AHT]] +3.4%), Host Hotels & Resorts ([[HST]] +1.0%), and Pebblebrook Hotel

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Mall, hotel REIT stocks fare better than retailers amid recovery concerns