Why Investing in Hotels Is a Good Idea Right Now
It's fair to say that 2020 was a gloriously terrible year for hotels. Last year, hotel occupancy rates reached record lows, and for the first time, the industry surpassed the benchmark of 1 billion unsold rooms.
Thankfully, hotel bookings picked up this past summer, fueled largely by leisure travel. But then, the delta variant hit, putting hotels at risk once again.
Still, despite that, hotels may not be such a poor choice for real estate investors right now. Here's why.
Source Fool.com