But industry observers wonder if that interest will wane,especially if fundamentals don't improve soon, according to aWall Street Journal article. Hotel-REIT stocks showedreturns of 66% in 2009, the paper says, and that figure could betough to top.
"We can comfortably say now that the bottom is behind us," theJournal quotes Mark Woodworth, president of research companyPKF Hospitality Research. But Joe Rodriguez, portfolio manager ofInvesco's AIM Real Estate Fund, says hotels might not be the bestspace for investors looking for near-term returns.
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