Browsing School of Hotel Administration Collection by Subject "debt"
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(2010-11-01)The hotel industry seems to be recovering from its recent abyss, but the financial damage to many properties from many months of decline will continue for some time. In particular, the hotel industry faces the prospect of ...
Diversification Benefits of REIT Preferred and Common Stock: New Evidence from a Utility Based Framework (2014-09-10)We study the diversification benefits of REIT preferred and common stock using a utility based framework in which investors segment based on risk aversion. Taking the view of a long run investor, we conduct our analysis ...