Whether you are traveling for business or pleasure, hotel and lodging REITs provide your home away from home. REITs own hotels in cities across the country with accommodations targeting vacationers, business travelers or group events.
REITs own some of the top resorts in the country’s most popular destinations including the New York Marriott Marquis, Sir Francis Drake Hotel in San Francisco, and the Gaylord Opryland Resort in Nashville.
Next time you make a shopping list there is a good chance you will be heading to a REIT-owned property to purchase what you need. REIT-owned properties run the gamut of shopping experiences from grocery-anchored shopping plazas and outlet centers to local malls, restaurants and modern shopping/entertainment destinations.
Transformative investments by REITs have helped to redefine the shopping experience to changing consumer preferences often including entertainment-based options. In addition, REIT often provide the real estate for leisure activities like ski resorts, water parks, casinos, movie theaters, bowling alleys, golf facilities and much more.
Mandalay Bay, The Mirage, Monte Carlo, New York-New York, Luxor and Excalibur on the Las Vegas Strip, are owned by MGM Growth Properties, a REIT.
Perfect for serving the needs of a diverse group of business travelers, REITs own a wide range of hotels in cities across the country and abroad. Ranging from large conference centers to extended-stay facilities, REITs can provide a convenient home away from home when traveling for work.