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